FRERES CARIOCAS: 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.
FRERES CARIOCAS
Largest movements
- Tangible fixed assets +€20,826
new in 2025: €20,826
- Cash +€18,775
new in 2025: €18,775
mainly Trade debts (+€25,213) and Net result for the year (+€23,196)
- Receivables within one year +€8,808
up €8,808 (+881%), from €1,000 to €9,808
of which Trade receivables: +€5,404
- Trade debts +€25,213
new in 2025: €25,213
- Profit (loss) carried forward +€23,196
new in 2025: €23,196
- Gross operating margin +€28,007
new in 2025: €28,007
- Depreciation +€3,207
new in 2025: €3,207
- Staff costs +€1,556
new in 2025: €1,556
From the 2024 result to the 2025 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
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 | €1,000 | €49,409 | +€48,409 | +4,841% |
| Fixed assets | 21/28 | - | €20,826 | +€20,826 | |
| Tangible fixed assets | 22/27 | - | €20,826 | +€20,826 | |
| Furniture and vehicles | 24 | - | €20,826 | +€20,826 | |
| Current assets | 29/58 | €1,000 | €28,583 | +€27,583 | +2,758% |
| Amounts receivable within one year | 40/41 | €1,000 | €9,808 | +€8,808 | +881% |
| Trade receivables | 40 | - | €5,404 | +€5,404 | |
| Other amounts receivable | 41 | €1,000 | €4,404 | +€3,404 | +340% |
| Cash at bank and in hand | 54/58 | - | €18,775 | +€18,775 | |
| Total equity and liabilities | 10/49 | €1,000 | €49,409 | +€48,409 | +4,841% |
| Equity | 10/15 | €1,000 | €24,196 | +€23,196 | +2,320% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €23,196 | +€23,196 | |
| Amounts payable | 17/49 | - | €25,213 | +€25,213 | |
| Amounts payable within one year | 42/48 | - | €25,213 | +€25,213 | |
| Trade debts | 44 | - | €25,213 | +€25,213 | |
| Suppliers | 440/4 | - | €25,213 | +€25,213 | |
| Remuneration, social security and pensions | 62 | - | €1,556 | +€1,556 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,207 | +€3,207 | |
| Gross operating margin | 9900 | - | €28,007 | +€28,007 | |
| Operating profit (loss) | 9901 | - | €23,245 | +€23,245 | |
| Financial charges | 65/66B | - | €49 | +€49 | |
| Recurring financial charges | 65 | - | €49 | +€49 | |
| Profit (loss) for the period before taxes | 9903 | - | €23,196 | +€23,196 | |
| Profit (loss) for the period | 9904 | - | €23,196 | +€23,196 | |
| Profit (loss) for the period to be appropriated | 9905 | - | €23,196 | +€23,196 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.