FREENICS: 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.
FREENICS
Largest movements
- Financial fixed assets -€5.5m
down €5.5m (-79.8%), from €6.8m to €1.4m
- Receivables after one year +€5.3m
new in 2025: €5.3m
- Receivables within one year +€84,855
up €84,855 (+234%), from €36,248 to €121,103
of which Other amounts receivable: +€95,601
- Other debts +€69,144
up €69,144 (+9.2%), from €747,738 to €816,881
- Turnover -€69,300
down €69,300 (-48.1%), from €144,000 to €74,700
- Financial income +€53,735
up €53,735 (+537,353,200%), from €0 to €53,735
- Financial charges +€14,825
up €14,825 (+11.1%), from €133,669 to €148,494
- Services and other goods -€14,297
down €14,297 (-31.6%), from €45,222 to €30,925
- Other operating income -€6,081
down €6,081 (-57.7%), from €10,536 to €4,454
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 | €6,901,446 | €6,823,537 | -€77,909 | -1.1% |
| Fixed assets | 21/28 | €6,832,975 | €1,381,475 | -€5.5m | -79.8% |
| Financial fixed assets | 28 | €6,832,975 | €1,381,475 | -€5.5m | -79.8% |
| Affiliated companies | 280/1 | €6,832,975 | €1,381,475 | -€5.5m | -79.8% |
| Participating interests | 280 | €6,832,975 | €1,381,475 | -€5.5m | -79.8% |
| Current assets | 29/58 | €68,471 | €5,442,062 | +€5.4m | +7,848% |
| Amounts receivable after more than one year | 29 | - | €5,313,101 | +€5.3m | |
| Trade receivables | 290 | - | €5,313,101 | +€5.3m | |
| Amounts receivable within one year | 40/41 | €36,248 | €121,103 | +€84,855 | +234% |
| Trade receivables | 40 | €15,730 | €4,984 | -€10,746 | -68.3% |
| Other amounts receivable | 41 | €20,518 | €116,119 | +€95,601 | +466% |
| Cash at bank and in hand | 54/58 | €31,910 | €7,779 | -€24,131 | -75.6% |
| Deferred charges and accrued income | 490/1 | €313 | €80 | -€234 | -74.6% |
| Total equity and liabilities | 10/49 | €6,901,446 | €6,823,537 | -€77,909 | -1.1% |
| Equity | 10/15 | €3,053,871 | €3,006,216 | -€47,655 | -1.6% |
| Contributions | 10/11 | €3,000,000 | €3,000,000 | = | 0.0% |
| Reserves | 13 | €53,871 | €6,216 | -€47,655 | -88.5% |
| Distributable reserves | 133 | €53,871 | €6,216 | -€47,655 | -88.5% |
| Amounts payable | 17/49 | €3,847,575 | €3,817,321 | -€30,253 | -0.8% |
| Amounts payable after more than one year | 17 | €3,000,000 | €3,000,000 | = | 0.0% |
| Other amounts payable | 178/9 | €3,000,000 | €3,000,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €789,825 | €817,321 | +€27,497 | +3.5% |
| Trade debts | 44 | €133 | €440 | +€308 | +232% |
| Suppliers | 440/4 | €133 | €440 | +€308 | +232% |
| Taxes, remuneration and social security | 45 | €41,955 | - | -€41,955 | |
| Taxes | 450/3 | €41,955 | - | -€41,955 | |
| Other amounts payable | 47/48 | €747,738 | €816,881 | +€69,144 | +9.2% |
| Accrued charges and deferred income | 492/3 | €57,750 | - | -€57,750 | |
| Operating income | 70/76A | €154,536 | €79,154 | -€75,381 | -48.8% |
| Turnover | 70 | €144,000 | €74,700 | -€69,300 | -48.1% |
| Other operating income | 74 | €10,536 | €4,454 | -€6,081 | -57.7% |
| Operating charges | 60/66A | €47,268 | €32,044 | -€15,224 | -32.2% |
| Services and other goods | 61 | €45,222 | €30,925 | -€14,297 | -31.6% |
| Other operating charges | 640/8 | €2,046 | €1,118 | -€928 | -45.3% |
| Operating profit (loss) | 9901 | €107,268 | €47,110 | -€60,157 | -56.1% |
| Financial income | 75/76B | €0 | €53,735 | +€53,735 | +537,353,200% |
| Recurring financial income | 75 | €0 | €53,735 | +€53,735 | +537,353,200% |
| Income from financial fixed assets | 750 | - | €53,735 | +€53,735 | |
| Other financial income | 752/9 | €0 | - | -€0 | |
| Financial charges | 65/66B | €133,669 | €148,494 | +€14,825 | +11.1% |
| Recurring financial charges | 65 | €133,669 | €148,494 | +€14,825 | +11.1% |
| Debt charges | 650 | €133,569 | €148,440 | +€14,871 | +11.1% |
| Other financial charges | 652/9 | €101 | €54 | -€47 | -46.4% |
| Profit (loss) for the period before taxes | 9903 | -€26,402 | -€47,648 | -€21,247 | -80.5% |
| Income taxes | 67/77 | €1,159 | €7 | -€1,152 | -99.4% |
| Taxes | 670/3 | €1,159 | €7 | -€1,152 | -99.4% |
| Profit (loss) for the period | 9904 | -€27,561 | -€47,655 | -€20,094 | -72.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,561 | -€47,655 | -€20,094 | -72.9% |
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 20 October 2026 via checked.be.