FREEZCO: 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.
FREEZCO
Largest movements
- Tangible fixed assets +€81,099
new in 2025: €81,099
of which Other tangible fixed assets: +€47,003
- Intangible fixed assets +€28,141
new in 2025: €28,141
- Financial fixed assets +€7,100
new in 2025: €7,100
- Cash +€6,541
up €6,541 (+4,166%), from €157 to €6,698
mainly Other debts (+€146,753) and Trade debts (+€14,836)
- Receivables within one year +€6,383
up €6,383 (+9.1%), from €70,514 to €76,897
- Other debts +€146,753
up €146,753 (+445%), from €32,976 to €179,730
- Profit (loss) carried forward -€31,487
down €31,487, from €18,708 to -€12,780
- Trade debts +€14,836
up €14,836 (+3,830%), from €387 to €15,223
- Staff costs +€12,672
new in 2025: €12,672
- Gross operating margin -€10,691
down €10,691 (-775%), from -€1,380 to -€12,071
- Depreciation +€5,662
new in 2025: €5,662
- Financial charges +€370
up €370 (+135%), from €273 to €643
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 | €70,671 | €201,942 | +€131,271 | +186% |
| Fixed assets | 21/28 | - | €116,339 | +€116,339 | |
| Intangible fixed assets | 21 | - | €28,141 | +€28,141 | |
| Tangible fixed assets | 22/27 | - | €81,099 | +€81,099 | |
| Plant, machinery and equipment | 23 | - | €15,455 | +€15,455 | |
| Furniture and vehicles | 24 | - | €18,641 | +€18,641 | |
| Other tangible fixed assets | 26 | - | €47,003 | +€47,003 | |
| Financial fixed assets | 28 | - | €7,100 | +€7,100 | |
| Current assets | 29/58 | €70,671 | €85,603 | +€14,931 | +21.1% |
| Stocks and contracts in progress | 3 | - | €962 | +€962 | |
| Stocks | 30/36 | - | €962 | +€962 | |
| Amounts receivable within one year | 40/41 | €70,514 | €76,897 | +€6,383 | +9.1% |
| Other amounts receivable | 41 | €70,514 | €76,897 | +€6,383 | +9.1% |
| Cash at bank and in hand | 54/58 | €157 | €6,698 | +€6,541 | +4,166% |
| Deferred charges and accrued income | 490/1 | - | €1,045 | +€1,045 | |
| Total equity and liabilities | 10/49 | €70,671 | €201,942 | +€131,271 | +186% |
| Equity | 10/15 | €37,308 | €5,820 | -€31,487 | -84.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,708 | -€12,780 | -€31,487 | |
| Amounts payable | 17/49 | €33,364 | €196,122 | +€162,758 | +488% |
| Amounts payable within one year | 42/48 | €33,364 | €196,122 | +€162,758 | +488% |
| Trade debts | 44 | €387 | €15,223 | +€14,836 | +3,830% |
| Suppliers | 440/4 | €387 | €15,223 | +€14,836 | +3,830% |
| Taxes, remuneration and social security | 45 | - | €1,169 | +€1,169 | |
| Remuneration and social security | 454/9 | - | €1,169 | +€1,169 | |
| Other amounts payable | 47/48 | €32,976 | €179,730 | +€146,753 | +445% |
| Remuneration, social security and pensions | 62 | - | €12,672 | +€12,672 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €5,662 | +€5,662 | |
| Other operating charges | 640/8 | €422 | €445 | +€22 | +5.3% |
| Gross operating margin | 9900 | -€1,380 | -€12,071 | -€10,691 | -775% |
| Operating profit (loss) | 9901 | -€1,802 | -€30,850 | -€29,048 | -1,612% |
| Financial income | 75/76B | - | €6 | +€6 | |
| Recurring financial income | 75 | - | €6 | +€6 | |
| Financial charges | 65/66B | €273 | €643 | +€370 | +135% |
| Recurring financial charges | 65 | €273 | €643 | +€370 | +135% |
| Profit (loss) for the period before taxes | 9903 | -€2,076 | -€31,487 | -€29,412 | -1,417% |
| Profit (loss) for the period | 9904 | -€2,076 | -€31,487 | -€29,412 | -1,417% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,076 | -€31,487 | -€29,412 | -1,417% |
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 14 October 2026 via checked.be.