FRERO COLLECTIVE: 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.
FRERO COLLECTIVE
Largest movements
- Receivables within one year +€57,324
up €57,324 (+93.4%), from €61,379 to €118,702
of which Trade receivables: +€59,775
- Cash +€8,253
up €8,253 (+30.1%), from €27,414 to €35,667
mainly Net result for the year (+€49,853) and Tax, wage and social debts (+€15,099)
- Profit (loss) carried forward +€49,853
up €49,853 (+93.3%), from €53,435 to €103,288
- Tax, wage and social debts +€15,099
up €15,099 (+52.7%), from €28,655 to €43,754
- Gross operating margin -€6,253
down €6,253 (-8.9%), from €70,414 to €64,161
- Taxes -€2,073
down €2,073 (-13.5%), from €15,330 to €13,257
- Financial charges -€921
down €921 (-48.5%), from €1,898 to €977
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 | €88,793 | €154,369 | +€65,576 | +73.9% |
| Current assets | 29/58 | €88,793 | €154,369 | +€65,576 | +73.9% |
| Amounts receivable within one year | 40/41 | €61,379 | €118,702 | +€57,324 | +93.4% |
| Trade receivables | 40 | €58,928 | €118,702 | +€59,775 | +101.4% |
| Other amounts receivable | 41 | €2,451 | €0 | -€2,451 | -100.0% |
| Cash at bank and in hand | 54/58 | €27,414 | €35,667 | +€8,253 | +30.1% |
| Total equity and liabilities | 10/49 | €88,793 | €154,369 | +€65,576 | +73.9% |
| Equity | 10/15 | €58,435 | €108,288 | +€49,853 | +85.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €53,435 | €103,288 | +€49,853 | +93.3% |
| Amounts payable | 17/49 | €30,357 | €46,081 | +€15,724 | +51.8% |
| Amounts payable within one year | 42/48 | €30,357 | €46,081 | +€15,724 | +51.8% |
| Trade debts | 44 | €1,703 | €2,230 | +€527 | +31.0% |
| Suppliers | 440/4 | €1,703 | €2,230 | +€527 | +31.0% |
| Taxes, remuneration and social security | 45 | €28,655 | €43,754 | +€15,099 | +52.7% |
| Taxes | 450/3 | €28,655 | €43,754 | +€15,099 | +52.7% |
| Other amounts payable | 47/48 | - | €98 | +€98 | |
| Other operating charges | 640/8 | €32 | €120 | +€88 | +278.9% |
| Gross operating margin | 9900 | €70,414 | €64,161 | -€6,253 | -8.9% |
| Operating profit (loss) | 9901 | €70,382 | €64,041 | -€6,341 | -9.0% |
| Financial income | 75/76B | €281 | €45 | -€236 | -83.8% |
| Recurring financial income | 75 | €281 | €45 | -€236 | -83.8% |
| Financial charges | 65/66B | €1,898 | €977 | -€921 | -48.5% |
| Recurring financial charges | 65 | €1,898 | €977 | -€921 | -48.5% |
| Profit (loss) for the period before taxes | 9903 | €68,765 | €63,110 | -€5,655 | -8.2% |
| Income taxes | 67/77 | €15,330 | €13,257 | -€2,073 | -13.5% |
| Profit (loss) for the period | 9904 | €53,435 | €49,853 | -€3,583 | -6.7% |
| Profit (loss) for the period to be appropriated | 9905 | €53,435 | €49,853 | -€3,583 | -6.7% |
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 12 October 2026 via checked.be.