Fredez Langan & Associates: 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.
Fredez Langan & Associates
Largest movements
- Cash +€30,194
up €30,194 (+180%), from €16,780 to €46,974
mainly Net result for the year (+€22,253) and Tax, wage and social debts (+€7,409)
- Receivables within one year -€2,534
down €2,534 (-31.5%), from €8,044 to €5,510
of which Other amounts receivable: -€1,687
- Tangible fixed assets +€651
up €651 (+38.1%), from €1,711 to €2,362
- Profit (loss) carried forward +€21,420
up €21,420 (+282%), from €7,597 to €29,017
- Tax, wage and social debts +€7,409
up €7,409 (+66.9%), from €11,074 to €18,484
- Trade debts -€1,576
down €1,576 (-24.2%), from €6,505 to €4,929
- Other debts +€1,058
up €1,058 (+123%), from €859 to €1,917
- Gross operating margin +€24,267
up €24,267 (+221%), from €10,967 to €35,235
- Taxes +€4,637
up €4,637 (+184%), from €2,517 to €7,154
- Other operating charges +€2,442
new in 2025: €2,442
- Financial charges +€2,360
up €2,360 (+6,510%), from €36 to €2,396
- Depreciation +€970
up €970 (+3,403%), from €29 to €999
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 | €26,535 | €54,846 | +€28,311 | +107% |
| Fixed assets | 21/28 | €1,711 | €2,362 | +€651 | +38.1% |
| Tangible fixed assets | 22/27 | €1,711 | €2,362 | +€651 | +38.1% |
| Furniture and vehicles | 24 | €1,711 | €2,362 | +€651 | +38.1% |
| Current assets | 29/58 | €24,825 | €52,484 | +€27,660 | +111% |
| Amounts receivable within one year | 40/41 | €8,044 | €5,510 | -€2,534 | -31.5% |
| Trade receivables | 40 | €5,707 | €4,860 | -€847 | -14.8% |
| Other amounts receivable | 41 | €2,337 | €650 | -€1,687 | -72.2% |
| Cash at bank and in hand | 54/58 | €16,780 | €46,974 | +€30,194 | +180% |
| Total equity and liabilities | 10/49 | €26,535 | €54,846 | +€28,311 | +107% |
| Equity | 10/15 | €8,097 | €29,517 | +€21,420 | +265% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,597 | €29,017 | +€21,420 | +282% |
| Amounts payable | 17/49 | €18,438 | €25,329 | +€6,891 | +37.4% |
| Amounts payable within one year | 42/48 | €18,438 | €25,329 | +€6,891 | +37.4% |
| Trade debts | 44 | €6,505 | €4,929 | -€1,576 | -24.2% |
| Suppliers | 440/4 | €6,505 | €4,929 | -€1,576 | -24.2% |
| Taxes, remuneration and social security | 45 | €11,074 | €18,484 | +€7,409 | +66.9% |
| Taxes | 450/3 | €11,074 | €18,484 | +€7,409 | +66.9% |
| Other amounts payable | 47/48 | €859 | €1,917 | +€1,058 | +123% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29 | €999 | +€970 | +3,403% |
| Other operating charges | 640/8 | - | €2,442 | +€2,442 | |
| Gross operating margin | 9900 | €10,967 | €35,235 | +€24,267 | +221% |
| Operating profit (loss) | 9901 | €10,939 | €31,794 | +€20,855 | +191% |
| Financial income | 75/76B | €71 | €9 | -€62 | -88.0% |
| Recurring financial income | 75 | €71 | €9 | -€62 | -88.0% |
| Financial charges | 65/66B | €36 | €2,396 | +€2,360 | +6,510% |
| Recurring financial charges | 65 | €36 | €2,396 | +€2,360 | +6,510% |
| Profit (loss) for the period before taxes | 9903 | €10,973 | €29,406 | +€18,433 | +168% |
| Income taxes | 67/77 | €2,517 | €7,154 | +€4,637 | +184% |
| Profit (loss) for the period | 9904 | €8,456 | €22,253 | +€13,796 | +163% |
| Profit (loss) for the period to be appropriated | 9905 | €8,456 | €22,253 | +€13,796 | +163% |
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 19 October 2026 via checked.be.