FREREJEAN GROUP: what changed
FREREJEAN GROUP
Largest movements
- Cash +€144,508
up €144,508 (+74.3%), from €194,603 to €339,111
mainly Other debts (+€80,599) and Net result for the year (+€75,940)
- Tangible fixed assets +€23,277
up €23,277 (+3,237%), from €719 to €23,996
- Receivables within one year +€14,000
new in 2025: €14,000
- Other debts +€80,599
up €80,599 (+397%), from €20,301 to €100,901
- Reserves +€75,940
up €75,940 (+69.9%), from €108,591 to €184,531
- Tax, wage and social debts +€26,472
up €26,472 (+47.8%), from €55,344 to €81,817
of which Taxes: +€38,472
- Gross operating margin +€46,610
up €46,610 (+65.4%), from €71,241 to €117,852
- Taxes +€13,113
up €13,113 (+51.7%), from €25,360 to €38,472
- Depreciation +€2,717
new in 2025: €2,717
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €196,322 | €378,468 | +€182,146 | +92.8% |
| Fixed assets | 21/28 | €719 | €23,996 | +€23,277 | +3,237% |
| Tangible fixed assets | 22/27 | €719 | €23,996 | +€23,277 | +3,237% |
| Furniture and vehicles | 24 | €719 | €23,996 | +€23,277 | +3,237% |
| Current assets | 29/58 | €195,603 | €354,472 | +€158,869 | +81.2% |
| Amounts receivable within one year | 40/41 | - | €14,000 | +€14,000 | |
| Trade receivables | 40 | - | €14,000 | +€14,000 | |
| Current investments | 50/53 | €1,000 | €1,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €194,603 | €339,111 | +€144,508 | +74.3% |
| Deferred charges and accrued income | 490/1 | - | €361 | +€361 | |
| Total equity and liabilities | 10/49 | €196,322 | €378,468 | +€182,146 | +92.8% |
| Equity | 10/15 | €113,591 | €189,531 | +€75,940 | +66.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Contributions outside capital | 11 | €5,000 | €5,000 | = | 0.0% |
| Other | 1109/19 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €108,591 | €184,531 | +€75,940 | +69.9% |
| Distributable reserves | 133 | €108,591 | €184,531 | +€75,940 | +69.9% |
| Amounts payable | 17/49 | €82,731 | €188,937 | +€106,206 | +128% |
| Amounts payable within one year | 42/48 | €82,731 | €188,937 | +€106,206 | +128% |
| Trade debts | 44 | €7,086 | €6,220 | -€866 | -12.2% |
| Suppliers | 440/4 | €7,086 | €6,220 | -€866 | -12.2% |
| Taxes, remuneration and social security | 45 | €55,344 | €81,817 | +€26,472 | +47.8% |
| Taxes | 450/3 | €25,344 | €63,817 | +€38,472 | +152% |
| Remuneration and social security | 454/9 | €30,000 | €18,000 | -€12,000 | -40.0% |
| Other amounts payable | 47/48 | €20,301 | €100,901 | +€80,599 | +397% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,717 | +€2,717 | |
| Other operating charges | 640/8 | €409 | €722 | +€314 | +76.7% |
| Gross operating margin | 9900 | €71,241 | €117,852 | +€46,610 | +65.4% |
| Operating profit (loss) | 9901 | €70,833 | €114,412 | +€43,580 | +61.5% |
| Profit (loss) for the period before taxes | 9903 | €70,833 | €114,412 | +€43,580 | +61.5% |
| Income taxes | 67/77 | €25,360 | €38,472 | +€13,113 | +51.7% |
| Profit (loss) for the period | 9904 | €45,473 | €75,940 | +€30,467 | +67.0% |
| Profit (loss) for the period to be appropriated | 9905 | €45,473 | €75,940 | +€30,467 | +67.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.