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FREGILEC: 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.

What changed

FREGILEC

BE 0454.326.620
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€32,324
2024 · €242-€32,565
Equity
€222,036
2024 · €254,360-€32,324
Cash
€29,219
2024 · €31,777-€2,559
Balance sheet total
€256,655
2024 · €289,367-€32,711

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€18,233

    down €18,233 (-7.4%), from €245,670 to €227,437

    of which Leasing and similar rights: -€17,575

  • Receivables within one year -€11,919

    no longer reported in 2025 (was €11,919)

Equity and liabilities
  • Profit (loss) carried forward -€32,324

    down €32,324 (-19.4%), from €166,645 to €134,321

Income statement
  • Gross operating margin -€30,119

    down €30,119 (-85.4%), from €35,263 to €5,144

  • Financial charges +€3,029

    up €3,029 (+1028.6%), from €294 to €3,323

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €242
Gross operating margin -€30,119
Depreciation +€195
Other operating charges +€247
Financial charges -€3,029
Taxes +€141
Result 2025 -€32,324

Cash bridge derived

cash 2024 to 2025

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.

From operations -€2,559
Investment €0
Financing €0
Cash 2024 €31,777
Net result for the year -€32,324
Depreciation +€18,233
Receivables within one year +€11,919
Other debts -€387
Cash 2025 €29,219
Every line side by side 36 lines
Line Code 2024 2025 Change %
Total assets 20/58 €289,367 €256,655 -€32,711 -11.3%
Fixed assets 21/28 €245,670 €227,437 -€18,233 -7.4%
Tangible fixed assets 22/27 €245,670 €227,437 -€18,233 -7.4%
Land and buildings 22 €153,394 €152,736 -€658 -0.4%
Leasing and similar rights 25 €92,276 €74,701 -€17,575 -19.0%
Current assets 29/58 €43,697 €29,219 -€14,478 -33.1%
Amounts receivable within one year 40/41 €11,919 - -€11,919
Other amounts receivable 41 €11,919 - -€11,919
Cash at bank and in hand 54/58 €31,777 €29,219 -€2,559 -8.1%
Total equity and liabilities 10/49 €289,367 €256,655 -€32,711 -11.3%
Equity 10/15 €254,360 €222,036 -€32,324 -12.7%
Contributions 10/11 €61,528 €61,528 = 0.0%
Capital 10 - €61,528 +€61,528
Issued capital 100 - €61,528 +€61,528
Reserves 13 €26,187 €26,187 = 0.0%
Non-distributable reserves 130/1 €7,437 €7,437 = 0.0%
Legal reserve 130 - €7,437 +€7,437
Other 1319 €7,437 - -€7,437
Tax-exempt reserves 132 €18,750 €18,750 = 0.0%
Profit (loss) carried forward 14 €166,645 €134,321 -€32,324 -19.4%
Amounts payable 17/49 €35,006 €34,619 -€387 -1.1%
Amounts payable within one year 42/48 €35,006 €34,619 -€387 -1.1%
Current portion of amounts payable after more than one year 42 €2,750 €2,750 = 0.0%
Taxes, remuneration and social security 45 €1,890 €1,890 = 0.0%
Taxes 450/3 €1,890 €1,890 = 0.0%
Other amounts payable 47/48 €30,366 €29,979 -€387 -1.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €18,428 €18,233 -€195 -1.1%
Other operating charges 640/8 €16,218 €15,972 -€247 -1.5%
Gross operating margin 9900 €35,263 €5,144 -€30,119 -85.4%
Operating profit (loss) 9901 €617 -€29,061 -€29,678
Financial charges 65/66B €294 €3,323 +€3,029 +1028.6%
Recurring financial charges 65 €294 €3,323 +€3,029 +1028.6%
Profit (loss) for the period before taxes 9903 €322 -€32,384 -€32,706
Income taxes 67/77 €81 -€60 -€141
Profit (loss) for the period 9904 €242 -€32,324 -€32,565
Profit (loss) for the period to be appropriated 9905 €242 -€32,324 -€32,565

Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.