Frederika Lens: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Frederika Lens
Largest movements
- Cash +€142,697
up €142,697 (+173%), from €82,284 to €224,981
mainly Debts after one year (+€286,802) and Other debts (+€103,002)
- Receivables after one year +€74,288
up €74,288 (+24.6%), from €301,628 to €375,916
- Receivables within one year -€68,168
down €68,168 (-63.7%), from €106,969 to €38,801
of which Other amounts receivable: -€44,431
- Tangible fixed assets -€43,256
down €43,256 (-10.0%), from €434,000 to €390,744
of which Other tangible fixed assets: -€42,165
- Deferred charges and accrued income +€22,318
up €22,318 (+1,534%), from €1,455 to €23,773
- Trade debts -€367,229
down €367,229 (-80.5%), from €456,458 to €89,229
- Debts after one year +€286,802
new in 2025: €286,802
- Other debts +€103,002
up €103,002 (+882%), from €11,684 to €114,686
- Reserves +€100,000
up €100,000 (+33.3%), from €300,000 to €400,000
- Current portion of long-term debt +€30,307
new in 2025: €30,307
- Gross operating margin -€171,619
down €171,619 (-52.8%), from €324,908 to €153,289
- Taxes -€45,162
down €45,162 (-66.5%), from €67,892 to €22,730
- Depreciation +€37,994
up €37,994 (+534%), from €7,115 to €45,109
- Financial charges +€9,563
up €9,563 (+654%), from €1,463 to €11,026
- Financial income +€4,339
up €4,339 (+267%), from €1,628 to €5,967
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €927,002 | €1,054,733 | +€127,731 | +13.8% |
| Fixed assets | 21/28 | €434,666 | €391,262 | -€43,404 | -10.0% |
| Intangible fixed assets | 21 | €666 | €518 | -€148 | -22.2% |
| Tangible fixed assets | 22/27 | €434,000 | €390,744 | -€43,256 | -10.0% |
| Plant, machinery and equipment | 23 | €1,505 | €1,590 | +€85 | +5.6% |
| Furniture and vehicles | 24 | €16,706 | €15,530 | -€1,176 | -7.0% |
| Other tangible fixed assets | 26 | €415,789 | €373,624 | -€42,165 | -10.1% |
| Current assets | 29/58 | €492,336 | €663,471 | +€171,135 | +34.8% |
| Amounts receivable after more than one year | 29 | €301,628 | €375,916 | +€74,288 | +24.6% |
| Other amounts receivable | 291 | €301,628 | €375,916 | +€74,288 | +24.6% |
| Amounts receivable within one year | 40/41 | €106,969 | €38,801 | -€68,168 | -63.7% |
| Trade receivables | 40 | €23,737 | €0 | -€23,737 | -100% |
| Other amounts receivable | 41 | €83,232 | €38,801 | -€44,431 | -53.4% |
| Cash at bank and in hand | 54/58 | €82,284 | €224,981 | +€142,697 | +173% |
| Deferred charges and accrued income | 490/1 | €1,455 | €23,773 | +€22,318 | +1,534% |
| Total equity and liabilities | 10/49 | €927,002 | €1,054,733 | +€127,731 | +13.8% |
| Equity | 10/15 | €352,492 | €432,383 | +€79,891 | +22.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €300,000 | €400,000 | +€100,000 | +33.3% |
| Distributable reserves | 133 | €300,000 | €400,000 | +€100,000 | +33.3% |
| Profit (loss) carried forward | 14 | €49,492 | €29,383 | -€20,109 | -40.6% |
| Amounts payable | 17/49 | €574,510 | €622,350 | +€47,840 | +8.3% |
| Amounts payable after more than one year | 17 | - | €286,802 | +€286,802 | |
| Financial debts | 170/4 | - | €286,802 | +€286,802 | |
| Amounts payable within one year | 42/48 | €573,865 | €335,548 | -€238,317 | -41.5% |
| Current portion of amounts payable after more than one year | 42 | - | €30,307 | +€30,307 | |
| Trade debts | 44 | €456,458 | €89,229 | -€367,229 | -80.5% |
| Suppliers | 440/4 | €456,458 | €89,229 | -€367,229 | -80.5% |
| Taxes, remuneration and social security | 45 | €105,723 | €101,326 | -€4,397 | -4.2% |
| Taxes | 450/3 | €105,723 | €101,326 | -€4,397 | -4.2% |
| Other amounts payable | 47/48 | €11,684 | €114,686 | +€103,002 | +882% |
| Accrued charges and deferred income | 492/3 | €645 | €0 | -€645 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,115 | €45,109 | +€37,994 | +534% |
| Other operating charges | 640/8 | €488 | €500 | +€12 | +2.5% |
| Gross operating margin | 9900 | €324,908 | €153,289 | -€171,619 | -52.8% |
| Operating profit (loss) | 9901 | €317,305 | €107,680 | -€209,625 | -66.1% |
| Financial income | 75/76B | €1,628 | €5,967 | +€4,339 | +267% |
| Recurring financial income | 75 | €1,628 | €5,967 | +€4,339 | +267% |
| Financial charges | 65/66B | €1,463 | €11,026 | +€9,563 | +654% |
| Recurring financial charges | 65 | €1,463 | €11,026 | +€9,563 | +654% |
| Profit (loss) for the period before taxes | 9903 | €317,470 | €102,621 | -€214,849 | -67.7% |
| Income taxes | 67/77 | €67,892 | €22,730 | -€45,162 | -66.5% |
| Profit (loss) for the period | 9904 | €249,578 | €79,891 | -€169,687 | -68.0% |
| Profit (loss) for the period to be appropriated | 9905 | €249,578 | €79,891 | -€169,687 | -68.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.