FRENTEX: what changed
Two financial 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.
FRENTEX
Largest movements
- Cash +€172,858
up €172,858 (+34.5%), from €501,036 to €673,894
mainly Net result for the year (+€77,718) and Receivables within one year (+€42,514)
- Receivables within one year -€42,514
down €42,514 (-48.3%), from €88,055 to €45,541
of which Other amounts receivable: -€42,514
- Reserves +€77,718
up €77,718 (+11.9%), from €653,622 to €731,340
of which Distributable reserves: +€77,718
- Gross operating margin +€134,191
up €134,191, from -€5,760 to €128,431
- Financial income -€44,733
down €44,733 (-81.1%), from €55,169 to €10,437
- Taxes +€24,148
up €24,148 (+348%), from €6,937 to €31,085
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.
Derived cash bridge
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 | €3,328,664 | €3,435,262 | +€106,599 | +3.2% |
| Fixed assets | 21/28 | €2,736,523 | €2,713,297 | -€23,225 | -0.8% |
| Tangible fixed assets | 22/27 | €88,519 | €65,294 | -€23,225 | -26.2% |
| Furniture and vehicles | 24 | €88,519 | €65,294 | -€23,225 | -26.2% |
| Financial fixed assets | 28 | €2,648,003 | €2,648,003 | = | 0.0% |
| Current assets | 29/58 | €592,141 | €721,965 | +€129,824 | +21.9% |
| Amounts receivable within one year | 40/41 | €88,055 | €45,541 | -€42,514 | -48.3% |
| Trade receivables | 40 | €45,375 | €45,375 | = | 0.0% |
| Other amounts receivable | 41 | €42,680 | €166 | -€42,514 | -99.6% |
| Cash at bank and in hand | 54/58 | €501,036 | €673,894 | +€172,858 | +34.5% |
| Deferred charges and accrued income | 490/1 | €3,050 | €2,530 | -€520 | -17.1% |
| Total equity and liabilities | 10/49 | €3,328,664 | €3,435,262 | +€106,599 | +3.2% |
| Equity | 10/15 | €3,302,622 | €3,380,340 | +€77,718 | +2.4% |
| Contributions | 10/11 | €2,649,000 | €2,649,000 | = | 0.0% |
| Reserves | 13 | €653,622 | €731,340 | +€77,718 | +11.9% |
| Non-distributable reserves | 130/1 | €119,887 | €119,887 | = | 0.0% |
| Reserves not available under the articles | 1311 | €119,887 | €119,887 | = | 0.0% |
| Distributable reserves | 133 | €533,735 | €611,454 | +€77,718 | +14.6% |
| Amounts payable | 17/49 | €26,041 | €54,922 | +€28,880 | +111% |
| Amounts payable within one year | 42/48 | €25,915 | €54,796 | +€28,880 | +111% |
| Trade debts | 44 | €4,848 | €6,914 | +€2,066 | +42.6% |
| Suppliers | 440/4 | €4,848 | €6,914 | +€2,066 | +42.6% |
| Taxes, remuneration and social security | 45 | €11,968 | €38,782 | +€26,815 | +224% |
| Taxes | 450/3 | €11,968 | €38,782 | +€26,815 | +224% |
| Other amounts payable | 47/48 | €9,100 | €9,100 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €126 | €126 | = | 0.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €2,498 | €2,230 | -€268 | -10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,801 | €24,074 | +€273 | +1.1% |
| Other operating charges | 640/8 | €3,861 | €3,587 | -€274 | -7.1% |
| Gross operating margin | 9900 | -€5,760 | €128,431 | +€134,191 | |
| Operating profit (loss) | 9901 | -€35,919 | €98,541 | +€134,460 | |
| Financial income | 75/76B | €55,169 | €10,437 | -€44,733 | -81.1% |
| Recurring financial income | 75 | €55,169 | €10,437 | -€44,733 | -81.1% |
| Financial charges | 65/66B | €150 | €175 | +€25 | +16.3% |
| Recurring financial charges | 65 | €150 | €175 | +€25 | +16.3% |
| Profit (loss) for the period before taxes | 9903 | €19,100 | €108,803 | +€89,703 | +470% |
| Income taxes | 67/77 | €6,937 | €31,085 | +€24,148 | +348% |
| Profit (loss) for the period | 9904 | €12,163 | €77,718 | +€65,555 | +539% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €12,163 | €77,718 | +€65,555 | +539% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.