FREDO TEXTILES: what changed
Two fiscal 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.
FREDO TEXTILES
Largest movements
- Stocks and contracts -€18,015
down €18,015 (-23.0%), from €78,249 to €60,234
- Receivables within one year +€15,627
up €15,627 (+189.5%), from €8,246 to €23,872
of which Trade receivables: +€15,620
- Cash +€6,103
up €6,103 (+186.1%), from €3,280 to €9,383
- Profit (loss) carried forward +€16,469
up €16,469 (+11.6%), from -€141,862 to -€125,392
- Other debts -€11,039
down €11,039 (-14.1%), from €78,546 to €67,507
- Accrued charges and deferred income -€5,405
down €5,405 (-97.6%), from €5,539 to €134
- Tax, wage and social debts +€3,558
up €3,558 (+420.4%), from €846 to €4,405
- Short-term financial debts -€2,192
down €2,192 (-91.4%), from €2,398 to €206
- Gross operating margin +€4,033
up €4,033 (+54.7%), from €7,371 to €11,405
- Other operating charges +€414
up €414 (+459.8%), from €90 to €504
- Financial charges +€282
up €282 (+36.6%), from €769 to €1,051
- Financial income +€135
up €135 (+1497.5%), from €9 to €144
- Depreciation +€133
up €133 (+16.4%), from €812 to €945
From the 2023 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.
Cash bridge derived
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €92,304 | €94,995 | +€2,691 | +2.9% |
| Formation expenses | 20 | €589 | €421 | -€168 | -28.5% |
| Fixed assets | 21/28 | €1,447 | €566 | -€881 | -60.9% |
| Tangible fixed assets | 22/27 | €1,447 | €566 | -€881 | -60.9% |
| Plant, machinery and equipment | 23 | €1,387 | €317 | -€1,070 | -77.1% |
| Furniture and vehicles | 24 | €60 | €248 | +€189 | +317.2% |
| Current assets | 29/58 | €90,269 | €94,009 | +€3,740 | +4.1% |
| Stocks and contracts in progress | 3 | €78,249 | €60,234 | -€18,015 | -23.0% |
| Stocks | 30/36 | €78,249 | €60,234 | -€18,015 | -23.0% |
| Amounts receivable within one year | 40/41 | €8,246 | €23,872 | +€15,627 | +189.5% |
| Trade receivables | 40 | €8,232 | €23,851 | +€15,620 | +189.7% |
| Other amounts receivable | 41 | €14 | €21 | +€7 | +50.0% |
| Cash at bank and in hand | 54/58 | €3,280 | €9,383 | +€6,103 | +186.1% |
| Deferred charges and accrued income | 490/1 | €495 | €519 | +€25 | +5.0% |
| Total equity and liabilities | 10/49 | €92,304 | €94,995 | +€2,691 | +2.9% |
| Equity | 10/15 | -€18,498 | -€2,029 | +€16,469 | +89.0% |
| Contributions | 10/11 | €49,579 | €49,579 | = | 0.0% |
| Reserves | 13 | €73,785 | €73,785 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,958 | €4,958 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,958 | €4,958 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,553 | €1,553 | = | 0.0% |
| Distributable reserves | 133 | €67,274 | €67,274 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€141,862 | -€125,392 | +€16,469 | +11.6% |
| Amounts payable | 17/49 | €110,802 | €97,024 | -€13,779 | -12.4% |
| Amounts payable within one year | 42/48 | €105,264 | €96,890 | -€8,374 | -8.0% |
| Financial debts | 43 | €2,398 | €206 | -€2,192 | -91.4% |
| Credit institutions | 430/8 | €2,398 | €206 | -€2,192 | -91.4% |
| Trade debts | 44 | €22,716 | €24,523 | +€1,807 | +8.0% |
| Suppliers | 440/4 | €22,716 | €24,523 | +€1,807 | +8.0% |
| Advances received on contracts in progress | 46 | €758 | €250 | -€508 | -67.0% |
| Taxes, remuneration and social security | 45 | €846 | €4,405 | +€3,558 | +420.4% |
| Taxes | 450/3 | €846 | €4,405 | +€3,558 | +420.4% |
| Other amounts payable | 47/48 | €78,546 | €67,507 | -€11,039 | -14.1% |
| Accrued charges and deferred income | 492/3 | €5,539 | €134 | -€5,405 | -97.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €812 | €945 | +€133 | +16.4% |
| Other operating charges | 640/8 | €90 | €504 | +€414 | +459.8% |
| Gross operating margin | 9900 | €7,371 | €11,405 | +€4,033 | +54.7% |
| Operating profit (loss) | 9901 | €6,469 | €9,956 | +€3,487 | +53.9% |
| Financial income | 75/76B | €9 | €144 | +€135 | +1497.5% |
| Recurring financial income | 75 | €9 | €144 | +€135 | +1497.5% |
| Financial charges | 65/66B | €769 | €1,051 | +€282 | +36.6% |
| Recurring financial charges | 65 | €769 | €1,051 | +€282 | +36.6% |
| Profit (loss) for the period before taxes | 9903 | €5,709 | €9,049 | +€3,340 | +58.5% |
| Profit (loss) for the period | 9904 | €5,709 | €9,049 | +€3,340 | +58.5% |
| Profit (loss) for the period to be appropriated | 9905 | €5,709 | €9,049 | +€3,340 | +58.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.