Fregiric: 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.
Fregiric
Largest movements
- Tangible fixed assets +€549,531
up €549,531 (+43.9%), from €1.3m to €1.8m
of which Land and buildings: +€632,015
- Receivables within one year +€239,996
up €239,996 (+33.7%), from €712,212 to €952,208
of which Trade receivables: +€189,151
- Stocks and contracts +€87,576
up €87,576 (+20.8%), from €421,973 to €509,549
- Debts after one year +€464,164
up €464,164 (+110.2%), from €421,381 to €885,545
- Other debts +€404,479
up €404,479 (+60298.9%), from €671 to €405,150
- Reserves -€173,200
down €173,200 (-6.6%), from €2.6m to €2.4m
- Trade debts +€105,431
up €105,431 (+30.2%), from €348,948 to €454,379
- Tax, wage and social debts +€76,036
up €76,036 (+80.8%), from €94,068 to €170,104
of which Remuneration and social security: +€51,333
- Staff costs +€142,586
up €142,586 (+25.6%), from €557,642 to €700,227
- Other operating charges +€70,720
up €70,720 (+233.7%), from €30,262 to €100,981
- Write-downs -€60,921
down €60,921, from €55,217 to -€5,704
- Taxes -€40,356
down €40,356 (-16.3%), from €246,903 to €206,548
- Financial income +€23,350
up €23,350 (+94.8%), from €24,620 to €47,970
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 | €3,693,909 | €4,592,162 | +€898,253 | +24.3% |
| Fixed assets | 21/28 | €1,402,454 | €1,950,284 | +€547,830 | +39.1% |
| Intangible fixed assets | 21 | €142,767 | €136,358 | -€6,409 | -4.5% |
| Tangible fixed assets | 22/27 | €1,252,645 | €1,802,176 | +€549,531 | +43.9% |
| Land and buildings | 22 | €781,811 | €1,413,826 | +€632,015 | +80.8% |
| Plant, machinery and equipment | 23 | €233,319 | €181,900 | -€51,419 | -22.0% |
| Furniture and vehicles | 24 | €237,515 | €206,449 | -€31,065 | -13.1% |
| Financial fixed assets | 28 | €7,042 | €11,750 | +€4,708 | +66.9% |
| Current assets | 29/58 | €2,291,455 | €2,641,878 | +€350,422 | +15.3% |
| Stocks and contracts in progress | 3 | €421,973 | €509,549 | +€87,576 | +20.8% |
| Stocks | 30/36 | €421,973 | €509,549 | +€87,576 | +20.8% |
| Amounts receivable within one year | 40/41 | €712,212 | €952,208 | +€239,996 | +33.7% |
| Trade receivables | 40 | €615,499 | €804,650 | +€189,151 | +30.7% |
| Other amounts receivable | 41 | €96,713 | €147,558 | +€50,846 | +52.6% |
| Cash at bank and in hand | 54/58 | €1,153,263 | €1,155,565 | +€2,302 | +0.2% |
| Deferred charges and accrued income | 490/1 | €4,008 | €24,556 | +€20,548 | +512.7% |
| Total equity and liabilities | 10/49 | €3,693,909 | €4,592,162 | +€898,253 | +24.3% |
| Equity | 10/15 | €2,625,408 | €2,452,208 | -€173,200 | -6.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,606,808 | €2,433,608 | -€173,200 | -6.6% |
| Distributable reserves | 133 | €2,606,808 | €2,433,608 | -€173,200 | -6.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €1,068,501 | €2,139,954 | +€1.1m | +100.3% |
| Amounts payable after more than one year | 17 | €421,381 | €885,545 | +€464,164 | +110.2% |
| Financial debts | 170/4 | €421,381 | €885,545 | +€464,164 | +110.2% |
| Amounts payable within one year | 42/48 | €624,670 | €1,247,153 | +€622,484 | +99.7% |
| Current portion of amounts payable after more than one year | 42 | €157,570 | €184,634 | +€27,064 | +17.2% |
| Trade debts | 44 | €348,948 | €454,379 | +€105,431 | +30.2% |
| Suppliers | 440/4 | €348,948 | €454,379 | +€105,431 | +30.2% |
| Advances received on contracts in progress | 46 | €23,412 | €32,886 | +€9,474 | +40.5% |
| Taxes, remuneration and social security | 45 | €94,068 | €170,104 | +€76,036 | +80.8% |
| Taxes | 450/3 | €27,679 | €52,382 | +€24,703 | +89.2% |
| Remuneration and social security | 454/9 | €66,389 | €117,722 | +€51,333 | +77.3% |
| Other amounts payable | 47/48 | €671 | €405,150 | +€404,479 | +60298.9% |
| Accrued charges and deferred income | 492/3 | €22,449 | €7,255 | -€15,194 | -67.7% |
| Remuneration, social security and pensions | 62 | €557,642 | €700,227 | +€142,586 | +25.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €204,419 | €208,916 | +€4,497 | +2.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €55,217 | -€5,704 | -€60,921 | |
| Other operating charges | 640/8 | €30,262 | €100,981 | +€70,720 | +233.7% |
| Gross operating margin | 9900 | €1,605,919 | €1,610,658 | +€4,739 | +0.3% |
| Operating profit (loss) | 9901 | €758,380 | €606,238 | -€152,142 | -20.1% |
| Financial income | 75/76B | €24,620 | €47,970 | +€23,350 | +94.8% |
| Recurring financial income | 75 | €24,620 | €47,970 | +€23,350 | +94.8% |
| Financial charges | 65/66B | €18,466 | €23,496 | +€5,031 | +27.2% |
| Recurring financial charges | 65 | €18,466 | €23,496 | +€5,031 | +27.2% |
| Profit (loss) for the period before taxes | 9903 | €764,535 | €630,712 | -€133,823 | -17.5% |
| Income taxes | 67/77 | €246,903 | €206,548 | -€40,356 | -16.3% |
| Profit (loss) for the period | 9904 | €517,632 | €424,164 | -€93,468 | -18.1% |
| Profit (loss) for the period to be appropriated | 9905 | €517,632 | €424,164 | -€93,468 | -18.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.