FRELOTTE: 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
FRELOTTE
NACE 68.310, Real estate agency activities
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€95,783
2024 · €387,091-€291,308
Equity
€13.4m
2024 · €13.3m+€95,783
Cash
€157,731
2024 · €10,590+€147,141
Balance sheet total
€16.1m
2024 · €16.1m-€27,992
Largest movements
Assets
- Receivables within one year -€381,808
down €381,808 (-9.1%), from €4.2m to €3.8m
of which Trade receivables: -€395,253
Equity and liabilities
No liability line moved by more than 1% of the balance sheet total.
Income statement
- Turnover -€1.7m
down €1.7m (-100.0%), from €1.7m to €0
- Goods and materials -€1.3m
down €1.3m (-100.0%), from €1.3m to €0
- Taxes -€109,943
down €109,943 (-75.9%), from €144,828 to €34,885
- Financial income +€46,760
up €46,760 (+32.2%), from €145,170 to €191,930
- Other operating income -€39,715
down €39,715 (-53.0%), from €75,000 to €35,285
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.
Result 2024
€387,091
Turnover
-€1.7m
Other operating income
-€39,715
Goods and materials
+€1.3m
Services and other goods
-€14,034
Other operating charges
-€417
Financial income
+€46,760
Financial charges
-€23,438
Taxes
+€109,943
Result 2025
€95,783
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.
From operations
+€253,623
Investment
-€106,482
Financing
€0
Cash 2024
€10,590
From operations (derived)
+€253,623
Net result for the year
+€95,783
Receivables after one year
-€100,192
Receivables within one year
+€381,808
Trade debts
-€83,249
Tax, wage and social debts
-€63,944
Other debts
+€23,417
Investment (derived)
-€106,482
Investment in fixed assets (net)
-€123,400
Current investments
+€16,918
Cash 2025
€157,731
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,132,802 | €16,104,810 | -€27,992 | -0.2% |
| Fixed assets | 21/28 | €9,755,660 | €9,879,060 | +€123,400 | +1.3% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €9,755,660 | €9,879,060 | +€123,400 | +1.3% |
| Affiliated companies | 280/1 | €9,755,660 | €9,879,060 | +€123,400 | +1.3% |
| Participating interests | 280 | €4,435,500 | €4,435,500 | = | 0.0% |
| Amounts receivable | 281 | €5,320,160 | €5,443,560 | +€123,400 | +2.3% |
| Current assets | 29/58 | €6,377,142 | €6,225,750 | -€151,393 | -2.4% |
| Amounts receivable after more than one year | 29 | €1,587,834 | €1,688,026 | +€100,192 | +6.3% |
| Other amounts receivable | 291 | €1,587,834 | €1,688,026 | +€100,192 | +6.3% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €4,218,216 | €3,836,408 | -€381,808 | -9.1% |
| Trade receivables | 40 | €1,673,487 | €1,278,234 | -€395,253 | -23.6% |
| Other amounts receivable | 41 | €2,544,729 | €2,558,175 | +€13,445 | +0.5% |
| Current investments | 50/53 | €560,502 | €543,584 | -€16,918 | -3.0% |
| Other investments | 51/53 | €560,502 | €543,584 | -€16,918 | -3.0% |
| Cash at bank and in hand | 54/58 | €10,590 | €157,731 | +€147,141 | +1389.5% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €16,132,802 | €16,104,810 | -€27,992 | -0.2% |
| Equity | 10/15 | €13,296,081 | €13,391,864 | +€95,783 | +0.7% |
| Contributions | 10/11 | €3,172,250 | €3,172,250 | = | 0.0% |
| Reserves | 13 | €9,736,739 | €9,736,739 | = | 0.0% |
| Distributable reserves | 133 | €9,736,739 | €9,736,739 | = | 0.0% |
| Profit (loss) carried forward | 14 | €387,091 | €482,875 | +€95,783 | +24.7% |
| Amounts payable | 17/49 | €2,836,722 | €2,712,946 | -€123,776 | -4.4% |
| Amounts payable after more than one year | 17 | €1,000,000 | €1,000,000 | = | 0.0% |
| Financial debts | 170/4 | €1,000,000 | €1,000,000 | = | 0.0% |
| Subordinated loans | 170 | €1,000,000 | €1,000,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,836,722 | €1,712,946 | -€123,776 | -6.7% |
| Trade debts | 44 | €659,039 | €575,790 | -€83,249 | -12.6% |
| Suppliers | 440/4 | €659,039 | €575,790 | -€83,249 | -12.6% |
| Taxes, remuneration and social security | 45 | €241,001 | €177,057 | -€63,944 | -26.5% |
| Taxes | 450/3 | €241,001 | €177,057 | -€63,944 | -26.5% |
| Other amounts payable | 47/48 | €936,682 | €960,099 | +€23,417 | +2.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Operating income | 70/76A | €1,777,016 | €35,285 | -€1.7m | -98.0% |
| Turnover | 70 | €1,702,016 | €0 | -€1.7m | -100.0% |
| Other operating income | 74 | €75,000 | €35,285 | -€39,715 | -53.0% |
| Operating charges | 60/66A | €1,389,797 | €72,640 | -€1.3m | -94.8% |
| Goods for resale, raw materials and consumables | 60 | €1,331,608 | €0 | -€1.3m | -100.0% |
| Purchases | 600/8 | €1,331,608 | €0 | -€1.3m | -100.0% |
| Services and other goods | 61 | €57,081 | €71,115 | +€14,034 | +24.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €1,108 | €1,525 | +€417 | +37.6% |
| Operating profit (loss) | 9901 | €387,219 | -€37,354 | -€424,573 | |
| Financial income | 75/76B | €145,170 | €191,930 | +€46,760 | +32.2% |
| Recurring financial income | 75 | €145,170 | €191,930 | +€46,760 | +32.2% |
| Income from financial fixed assets | 750 | €129,869 | €123,400 | -€6,469 | -5.0% |
| Income from current assets | 751 | €15,301 | €68,530 | +€53,229 | +347.9% |
| Other financial income | 752/9 | €0 | - | = | |
| Financial charges | 65/66B | €469 | €23,908 | +€23,438 | +4994.3% |
| Recurring financial charges | 65 | €469 | €23,908 | +€23,438 | +4994.3% |
| Debt charges | 650 | €0 | €23,417 | +€23,417 | |
| Other financial charges | 652/9 | €469 | €490 | +€21 | +4.5% |
| Profit (loss) for the period before taxes | 9903 | €531,919 | €130,668 | -€401,251 | -75.4% |
| Income taxes | 67/77 | €144,828 | €34,885 | -€109,943 | -75.9% |
| Taxes | 670/3 | €144,828 | €34,885 | -€109,943 | -75.9% |
| Profit (loss) for the period | 9904 | €387,091 | €95,783 | -€291,308 | -75.3% |
| Profit (loss) for the period to be appropriated | 9905 | €387,091 | €95,783 | -€291,308 | -75.3% |
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 2 October 2026 via checked.be.