FreGoe: 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.
FreGoe
Largest movements
- Cash +€16,225
up €16,225 (+64.3%), from €25,235 to €41,460
mainly Net result for the year (+€11,396) and Depreciation (+€4,981)
- Tangible fixed assets -€6,645
down €6,645 (-30.4%), from €21,841 to €15,196
of which Plant, machinery and equipment: -€3,505
- Reserves +€11,396
up €11,396 (+18.4%), from €61,944 to €73,340
of which Distributable reserves: +€13,256
- Trade debts -€2,899
down €2,899 (-30.4%), from €9,525 to €6,626
- Tax, wage and social debts +€2,818
up €2,818 (+31.3%), from €9,007 to €11,825
- Other debts -€1,435
down €1,435 (-46.8%), from €3,070 to €1,635
- Gross operating margin -€7,246
down €7,246 (-23.8%), from €30,466 to €23,220
- Taxes -€1,637
down €1,637 (-21.6%), from €7,597 to €5,959
- Depreciation -€1,262
down €1,262 (-20.2%), from €6,243 to €4,981
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €89,745 | €99,626 | +€9,880 | +11.0% |
| Fixed assets | 21/28 | €21,841 | €15,196 | -€6,645 | -30.4% |
| Tangible fixed assets | 22/27 | €21,841 | €15,196 | -€6,645 | -30.4% |
| Plant, machinery and equipment | 23 | €16,843 | €13,338 | -€3,505 | -20.8% |
| Furniture and vehicles | 24 | €4,998 | €1,858 | -€3,140 | -62.8% |
| Current assets | 29/58 | €67,905 | €84,430 | +€16,525 | +24.3% |
| Amounts receivable within one year | 40/41 | €42,670 | €42,970 | +€300 | +0.7% |
| Trade receivables | 40 | €32,670 | €32,970 | +€300 | +0.9% |
| Other amounts receivable | 41 | €10,000 | €10,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €25,235 | €41,460 | +€16,225 | +64.3% |
| Total equity and liabilities | 10/49 | €89,745 | €99,626 | +€9,880 | +11.0% |
| Equity | 10/15 | €68,144 | €79,540 | +€11,396 | +16.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Outside capital | 11 | €6,200 | - | -€6,200 | |
| Other | 1109/19 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €61,944 | €73,340 | +€11,396 | +18.4% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €60,084 | €73,340 | +€13,256 | +22.1% |
| Amounts payable | 17/49 | €21,602 | €20,086 | -€1,516 | -7.0% |
| Amounts payable within one year | 42/48 | €21,602 | €20,086 | -€1,516 | -7.0% |
| Trade debts | 44 | €9,525 | €6,626 | -€2,899 | -30.4% |
| Suppliers | 440/4 | €9,525 | €6,626 | -€2,899 | -30.4% |
| Taxes, remuneration and social security | 45 | €9,007 | €11,825 | +€2,818 | +31.3% |
| Taxes | 450/3 | €9,007 | €11,825 | +€2,818 | +31.3% |
| Other amounts payable | 47/48 | €3,070 | €1,635 | -€1,435 | -46.8% |
| Non-recurring operating income | 76A | - | €3,235 | +€3,235 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,243 | €4,981 | -€1,262 | -20.2% |
| Other operating charges | 640/8 | €1,184 | €912 | -€272 | -22.9% |
| Non-recurring operating charges | 66A | €250 | - | -€250 | |
| Gross operating margin | 9900 | €30,466 | €23,220 | -€7,246 | -23.8% |
| Operating profit (loss) | 9901 | €22,789 | €17,327 | -€5,462 | -24.0% |
| Financial income | 75/76B | €44 | €45 | +€0 | +0.6% |
| Recurring financial income | 75 | €44 | €45 | +€0 | +0.6% |
| Financial charges | 65/66B | €4 | €16 | +€12 | +283.2% |
| Recurring financial charges | 65 | €4 | €16 | +€12 | +283.2% |
| Profit (loss) for the period before taxes | 9903 | €22,829 | €17,355 | -€5,474 | -24.0% |
| Income taxes | 67/77 | €7,597 | €5,959 | -€1,637 | -21.6% |
| Profit (loss) for the period | 9904 | €15,232 | €11,396 | -€3,836 | -25.2% |
| Profit (loss) for the period to be appropriated | 9905 | €15,232 | €11,396 | -€3,836 | -25.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.