FRESCO TRANS: 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.
FRESCO TRANS
Largest movements
- Cash -€168,118
down €168,118 (-60.7%), from €277,020 to €108,902
mainly Tax, wage and social debts (-€69,132) and Debts after one year (-€65,180)
- Receivables within one year +€38,688
up €38,688 (+274%), from €14,097 to €52,785
of which Other amounts receivable: +€23,589
- Tangible fixed assets +€20,416
up €20,416 (+8.1%), from €253,288 to €273,704
of which Land and buildings: +€32,213
- Tax, wage and social debts -€69,132
down €69,132 (-100%), from €69,132 to €0
- Debts after one year -€65,180
down €65,180 (-97.0%), from €67,181 to €2,001
- Reserves +€23,803
up €23,803 (+4.3%), from €557,356 to €581,159
- Gross operating margin -€270,914
down €270,914 (-83.4%), from €324,976 to €54,062
- Taxes -€72,589
down €72,589 (-91.4%), from €79,421 to €6,833
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 | €922,876 | €815,112 | -€107,764 | -11.7% |
| Fixed assets | 21/28 | €631,288 | €651,704 | +€20,416 | +3.2% |
| Tangible fixed assets | 22/27 | €253,288 | €273,704 | +€20,416 | +8.1% |
| Land and buildings | 22 | €64,701 | €96,914 | +€32,213 | +49.8% |
| Plant, machinery and equipment | 23 | €1,912 | €1,510 | -€401 | -21.0% |
| Other tangible fixed assets | 26 | €186,676 | €175,280 | -€11,396 | -6.1% |
| Financial fixed assets | 28 | €378,000 | €378,000 | = | 0.0% |
| Current assets | 29/58 | €291,588 | €163,408 | -€128,180 | -44.0% |
| Amounts receivable within one year | 40/41 | €14,097 | €52,785 | +€38,688 | +274% |
| Trade receivables | 40 | €12,100 | €27,199 | +€15,099 | +125% |
| Other amounts receivable | 41 | €1,997 | €25,586 | +€23,589 | +1,182% |
| Cash at bank and in hand | 54/58 | €277,020 | €108,902 | -€168,118 | -60.7% |
| Deferred charges and accrued income | 490/1 | €472 | €1,721 | +€1,250 | +265% |
| Total equity and liabilities | 10/49 | €922,876 | €815,112 | -€107,764 | -11.7% |
| Equity | 10/15 | €575,956 | €599,759 | +€23,803 | +4.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €557,356 | €581,159 | +€23,803 | +4.3% |
| Distributable reserves | 133 | €557,356 | €581,159 | +€23,803 | +4.3% |
| Amounts payable | 17/49 | €346,920 | €215,353 | -€131,567 | -37.9% |
| Amounts payable after more than one year | 17 | €67,181 | €2,001 | -€65,180 | -97.0% |
| Financial debts | 170/4 | €67,181 | €2,001 | -€65,180 | -97.0% |
| Amounts payable within one year | 42/48 | €278,295 | €213,331 | -€64,964 | -23.3% |
| Current portion of amounts payable after more than one year | 42 | €20,985 | €13,773 | -€7,212 | -34.4% |
| Financial debts | 43 | €51,407 | €51,407 | = | 0.0% |
| Other loans | 439 | €51,407 | €51,407 | = | 0.0% |
| Trade debts | 44 | €194 | €6,111 | +€5,917 | +3,050% |
| Suppliers | 440/4 | €194 | €6,111 | +€5,917 | +3,050% |
| Taxes, remuneration and social security | 45 | €69,132 | €0 | -€69,132 | -100% |
| Taxes | 450/3 | €69,132 | €0 | -€69,132 | -100% |
| Other amounts payable | 47/48 | €136,577 | €142,040 | +€5,463 | +4.0% |
| Accrued charges and deferred income | 492/3 | €1,444 | €20 | -€1,423 | -98.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,375 | €14,759 | +€384 | +2.7% |
| Other operating charges | 640/8 | €1,839 | €1,903 | +€64 | +3.5% |
| Gross operating margin | 9900 | €324,976 | €54,062 | -€270,914 | -83.4% |
| Operating profit (loss) | 9901 | €308,762 | €37,401 | -€271,361 | -87.9% |
| Financial income | 75/76B | €6 | €1,865 | +€1,859 | +30,827% |
| Recurring financial income | 75 | €6 | €1,865 | +€1,859 | +30,827% |
| Financial charges | 65/66B | €7,384 | €8,630 | +€1,246 | +16.9% |
| Recurring financial charges | 65 | €7,384 | €8,630 | +€1,246 | +16.9% |
| Profit (loss) for the period before taxes | 9903 | €301,385 | €30,636 | -€270,749 | -89.8% |
| Income taxes | 67/77 | €79,421 | €6,833 | -€72,589 | -91.4% |
| Profit (loss) for the period | 9904 | €221,964 | €23,803 | -€198,160 | -89.3% |
| Profit (loss) for the period to be appropriated | 9905 | €221,964 | €23,803 | -€198,160 | -89.3% |
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 17 October 2026 via checked.be.