FREPA HOLDING: 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.
FREPA HOLDING
Largest movements
- Receivables within one year +€90,367
up €90,367 (+22.8%), from €396,672 to €487,039
of which Other amounts receivable: +€90,367
- Reserves +€462,922
up €462,922 (+16.9%), from €2.7m to €3.2m
- Debts after one year -€347,976
down €347,976 (-26.2%), from €1.3m to €979,103
- Gross operating margin -€64,777
down €64,777 (-73.0%), from €88,684 to €23,907
- Financial income +€59,777
up €59,777 (+14.9%), from €400,280 to €460,057
- Financial charges -€28,318
down €28,318 (-60.1%), from €47,093 to €18,775
- Taxes -€8,910
down €8,910 (-88.1%), from €10,117 to €1,207
- Depreciation -€4,099
down €4,099 (-100%), from €4,099 to €0
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 | €5,802,143 | €5,882,489 | +€80,347 | +1.4% |
| Fixed assets | 21/28 | €5,332,961 | €5,332,961 | = | 0.0% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €5,332,961 | €5,332,961 | = | 0.0% |
| Current assets | 29/58 | €469,181 | €549,528 | +€80,347 | +17.1% |
| Amounts receivable within one year | 40/41 | €396,672 | €487,039 | +€90,367 | +22.8% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €396,672 | €487,039 | +€90,367 | +22.8% |
| Cash at bank and in hand | 54/58 | €70,970 | €62,155 | -€8,815 | -12.4% |
| Deferred charges and accrued income | 490/1 | €1,539 | €334 | -€1,205 | -78.3% |
| Total equity and liabilities | 10/49 | €5,802,143 | €5,882,489 | +€80,347 | +1.4% |
| Equity | 10/15 | €4,089,332 | €4,552,270 | +€462,938 | +11.3% |
| Contributions | 10/11 | €1,350,250 | €1,350,266 | +€16 | 0.0% |
| Reserves | 13 | €2,739,082 | €3,202,004 | +€462,922 | +16.9% |
| Distributable reserves | 133 | €2,739,082 | €3,202,004 | +€462,922 | +16.9% |
| Amounts payable | 17/49 | €1,712,811 | €1,330,219 | -€382,591 | -22.3% |
| Amounts payable after more than one year | 17 | €1,327,079 | €979,103 | -€347,976 | -26.2% |
| Financial debts | 170/4 | €1,327,079 | €979,103 | -€347,976 | -26.2% |
| Amounts payable within one year | 42/48 | €383,982 | €351,116 | -€32,866 | -8.6% |
| Current portion of amounts payable after more than one year | 42 | €343,758 | €347,976 | +€4,217 | +1.2% |
| Financial debts | 43 | €5,078 | €0 | -€5,078 | -100% |
| Credit institutions | 430/8 | €5,078 | €0 | -€5,078 | -100% |
| Trade debts | 44 | €35,146 | €1,256 | -€33,890 | -96.4% |
| Suppliers | 440/4 | €35,146 | €1,256 | -€33,890 | -96.4% |
| Taxes, remuneration and social security | 45 | €0 | €1,884 | +€1,884 | |
| Taxes | 450/3 | €0 | €1,884 | +€1,884 | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €1,750 | €0 | -€1,750 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,099 | €0 | -€4,099 | -100% |
| Other operating charges | 640/8 | €1,604 | €1,060 | -€544 | -33.9% |
| Gross operating margin | 9900 | €88,684 | €23,907 | -€64,777 | -73.0% |
| Operating profit (loss) | 9901 | €82,981 | €22,847 | -€60,134 | -72.5% |
| Financial income | 75/76B | €400,280 | €460,057 | +€59,777 | +14.9% |
| Recurring financial income | 75 | €400,280 | €460,057 | +€59,777 | +14.9% |
| Financial charges | 65/66B | €47,093 | €18,775 | -€28,318 | -60.1% |
| Recurring financial charges | 65 | €47,093 | €18,775 | -€28,318 | -60.1% |
| Profit (loss) for the period before taxes | 9903 | €436,168 | €464,129 | +€27,961 | +6.4% |
| Income taxes | 67/77 | €10,117 | €1,207 | -€8,910 | -88.1% |
| Profit (loss) for the period | 9904 | €426,051 | €462,922 | +€36,871 | +8.7% |
| Profit (loss) for the period to be appropriated | 9905 | €426,051 | €462,922 | +€36,871 | +8.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.