FREEDOC: 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.
FREEDOC
Largest movements
- Cash -€16,911
down €16,911 (-21.5%), from €78,541 to €61,630
mainly Contributions, distributions and other (-€100,000) and Other debts (-€23,217)
- Tangible fixed assets -€15,874
down €15,874 (-20.2%), from €78,637 to €62,763
of which Furniture and vehicles: -€11,500
- Deferred charges and accrued income -€4,198
down €4,198 (-28.8%), from €14,570 to €10,372
- Other debts -€23,217
down €23,217 (-47.3%), from €49,052 to €25,835
- Debts after one year -€14,904
down €14,904 (-74.6%), from €19,989 to €5,085
- Gross operating margin -€7,889
down €7,889 (-4.9%), from €160,738 to €152,849
- Depreciation +€3,164
up €3,164 (+18.3%), from €17,278 to €20,442
- Other operating charges -€2,528
down €2,528 (-60.6%), from €4,172 to €1,644
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.
Cash bridge derived
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 | €240,259 | €201,682 | -€38,577 | -16.1% |
| Fixed assets | 21/28 | €78,637 | €62,763 | -€15,874 | -20.2% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €78,637 | €62,763 | -€15,874 | -20.2% |
| Land and buildings | 22 | €16,660 | €13,758 | -€2,902 | -17.4% |
| Plant, machinery and equipment | 23 | - | €326 | +€326 | |
| Furniture and vehicles | 24 | €54,397 | €42,897 | -€11,500 | -21.1% |
| Other tangible fixed assets | 26 | €7,580 | €5,782 | -€1,798 | -23.7% |
| Current assets | 29/58 | €161,622 | €138,919 | -€22,703 | -14.0% |
| Amounts receivable within one year | 40/41 | €2,754 | €946 | -€1,808 | -65.6% |
| Other amounts receivable | 41 | €2,754 | €946 | -€1,808 | -65.6% |
| Current investments | 50/53 | €65,757 | €65,971 | +€214 | +0.3% |
| Cash at bank and in hand | 54/58 | €78,541 | €61,630 | -€16,911 | -21.5% |
| Deferred charges and accrued income | 490/1 | €14,570 | €10,372 | -€4,198 | -28.8% |
| Total equity and liabilities | 10/49 | €240,259 | €201,682 | -€38,577 | -16.1% |
| Equity | 10/15 | €150,912 | €151,142 | +€230 | +0.2% |
| Contributions | 10/11 | €43,400 | €43,400 | = | 0.0% |
| Reserves | 13 | €107,000 | €107,742 | +€742 | +0.7% |
| Distributable reserves | 133 | €107,000 | €107,742 | +€742 | +0.7% |
| Profit (loss) carried forward | 14 | €512 | €0 | -€512 | -100.0% |
| Amounts payable | 17/49 | €89,347 | €50,540 | -€38,807 | -43.4% |
| Amounts payable after more than one year | 17 | €19,989 | €5,085 | -€14,904 | -74.6% |
| Financial debts | 170/4 | €19,989 | €5,085 | -€14,904 | -74.6% |
| Amounts payable within one year | 42/48 | €69,358 | €45,443 | -€23,915 | -34.5% |
| Current portion of amounts payable after more than one year | 42 | €14,392 | €14,904 | +€512 | +3.6% |
| Trade debts | 44 | €3,064 | €1,854 | -€1,210 | -39.5% |
| Suppliers | 440/4 | €3,064 | €1,854 | -€1,210 | -39.5% |
| Taxes, remuneration and social security | 45 | €2,850 | €2,850 | = | 0.0% |
| Taxes | 450/3 | €2,850 | €2,850 | = | 0.0% |
| Other amounts payable | 47/48 | €49,052 | €25,835 | -€23,217 | -47.3% |
| Accrued charges and deferred income | 492/3 | - | €12 | +€12 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,278 | €20,442 | +€3,164 | +18.3% |
| Other operating charges | 640/8 | €4,172 | €1,644 | -€2,528 | -60.6% |
| Gross operating margin | 9900 | €160,738 | €152,849 | -€7,889 | -4.9% |
| Operating profit (loss) | 9901 | €139,288 | €130,763 | -€8,525 | -6.1% |
| Financial income | 75/76B | €414 | €990 | +€576 | +139.1% |
| Recurring financial income | 75 | €414 | €990 | +€576 | +139.1% |
| Financial charges | 65/66B | €1,420 | €1,236 | -€184 | -13.0% |
| Recurring financial charges | 65 | €1,420 | €1,236 | -€184 | -13.0% |
| Profit (loss) for the period before taxes | 9903 | €138,282 | €130,517 | -€7,765 | -5.6% |
| Income taxes | 67/77 | €31,271 | €30,287 | -€984 | -3.1% |
| Profit (loss) for the period | 9904 | €107,011 | €100,230 | -€6,781 | -6.3% |
| Profit (loss) for the period to be appropriated | 9905 | €107,011 | €100,230 | -€6,781 | -6.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.