FRENDO: 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.
FRENDO
Largest movements
- Cash +€4,939
up €4,939 (+18.1%), from €27,294 to €32,233
mainly Net result for the year (+€16,913) and Tax, wage and social debts (+€1,150)
- Receivables within one year +€2,534
up €2,534 (+29.5%), from €8,596 to €11,130
of which Trade receivables: +€1,545
- Profit (loss) carried forward +€16,913
up €16,913 (+110.2%), from €15,343 to €32,257
- Trade debts -€10,590
down €10,590 (-74.4%), from €14,227 to €3,637
- Tax, wage and social debts +€1,150
new in 2025: €1,150
- Purchases and services -€82,223
down €82,223 (-80.1%), from €102,705 to €20,483
- Turnover -€50,245
down €50,245 (-56.5%), from €88,881 to €38,636
- Gross operating margin +€31,978
up €31,978, from -€13,824 to €18,153
- Taxes +€1,150
new in 2025: €1,150
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 | €35,890 | €43,363 | +€7,473 | +20.8% |
| Current assets | 29/58 | €35,890 | €43,363 | +€7,473 | +20.8% |
| Amounts receivable within one year | 40/41 | €8,596 | €11,130 | +€2,534 | +29.5% |
| Trade receivables | 40 | €8,139 | €9,684 | +€1,545 | +19.0% |
| Other amounts receivable | 41 | €457 | €1,446 | +€989 | +216.6% |
| Cash at bank and in hand | 54/58 | €27,294 | €32,233 | +€4,939 | +18.1% |
| Total equity and liabilities | 10/49 | €35,890 | €43,363 | +€7,473 | +20.8% |
| Equity | 10/15 | €21,543 | €38,457 | +€16,913 | +78.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,343 | €32,257 | +€16,913 | +110.2% |
| Amounts payable | 17/49 | €14,346 | €4,906 | -€9,440 | -65.8% |
| Amounts payable within one year | 42/48 | €14,346 | €4,906 | -€9,440 | -65.8% |
| Trade debts | 44 | €14,227 | €3,637 | -€10,590 | -74.4% |
| Suppliers | 440/4 | €14,227 | €3,637 | -€10,590 | -74.4% |
| Taxes, remuneration and social security | 45 | - | €1,150 | +€1,150 | |
| Taxes | 450/3 | - | €1,150 | +€1,150 | |
| Other amounts payable | 47/48 | €119 | €119 | = | 0.0% |
| Turnover | 70 | €88,881 | €38,636 | -€50,245 | -56.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €102,705 | €20,483 | -€82,223 | -80.1% |
| Other operating charges | 640/8 | - | €44 | +€44 | |
| Gross operating margin | 9900 | -€13,824 | €18,153 | +€31,978 | |
| Operating profit (loss) | 9901 | -€13,824 | €18,109 | +€31,934 | |
| Financial income | 75/76B | €10 | €0 | -€10 | -99.8% |
| Recurring financial income | 75 | €10 | €0 | -€10 | -99.8% |
| Financial charges | 65/66B | €66 | €46 | -€20 | -30.2% |
| Recurring financial charges | 65 | €66 | €46 | -€20 | -30.2% |
| Profit (loss) for the period before taxes | 9903 | -€13,880 | €18,063 | +€31,944 | |
| Income taxes | 67/77 | - | €1,150 | +€1,150 | |
| Profit (loss) for the period | 9904 | -€13,880 | €16,913 | +€30,794 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,880 | €16,913 | +€30,794 |
Source: filed annual accounts (NBB), fiscal years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.