Frescura: what changed
Two fiscal 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.
What changed
Frescura
NACE 46.319, Wholesale of fruit and vegetables, excluding potatoes
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€3.1m
2024 · €6.2m-€3.1m
Equity
€28.3m
2024 · €25.1m+€3.1m
Cash
€724,641
2024 · €3.1m-€2.4m
Balance sheet total
€113.1m
2024 · €103.9m+€9.2m
Largest movements
Assets
- Receivables within one year +€13.9m
up €13.9m (+418.7%), from €3.3m to €17.2m
of which Trade receivables: +€13.7m
- Financial fixed assets -€3.5m
down €3.5m (-3.6%), from €97.1m to €93.6m
of which Affiliated companies: -€3.9m
- Cash -€2.4m
down €2.4m (-76.6%), from €3.1m to €724,641
mainly Receivables within one year (-€13.9m) and Deferred charges and accrued income (-€494,494)
Equity and liabilities
- Reserves +€9.0m
up €9.0m (+1230.5%), from €728,472 to €9.7m
of which Distributable reserves: +€8.8m
- Profit (loss) carried forward -€5.8m
down €5.8m (-100.0%), from €5.8m to €0
- Trade debts +€2.8m
up €2.8m (+511.1%), from €546,911 to €3.3m
- Other debts +€1.9m
up €1.9m, from €0 to €1.9m
Income statement
- Turnover +€26.6m
up €26.6m (+712.9%), from €3.7m to €30.3m
- Goods and materials +€25.6m
up €25.6m (+851.1%), from €3.0m to €28.6m
of which Purchases: +€25.9m
- Financial income -€5.0m
down €5.0m (-68.2%), from €7.4m to €2.3m
- Other operating income +€3.9m
up €3.9m (+85.2%), from €4.6m to €8.4m
- Services and other goods +€2.3m
up €2.3m (+110.2%), from €2.1m to €4.4m
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.
Result 2024
€6.2m
Turnover
+€26.6m
Other operating income
+€3.9m
Goods and materials
-€25.6m
Services and other goods
-€2.3m
Staff costs
-€189,794
Depreciation
-€86,462
Other operating charges
-€1,318
Financial income
-€5.0m
Financial charges
+€202,184
Taxes
-€549,958
Result 2025
€3.1m
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.
From operations
-€5.8m
Investment
+€3.0m
Financing
+€385,849
Cash 2024
€3.1m
From operations (derived)
-€5.8m
Net result for the year
+€3.1m
Depreciation
+€92,426
Stocks and contracts
-€328,640
Receivables within one year
-€13.9m
Deferred charges and accrued income
-€494,494
Trade debts
+€2.8m
Tax, wage and social debts
+€19,295
Other debts
+€1.9m
Accrued charges and deferred income
+€952,103
Investment (derived)
+€3.0m
Investment in fixed assets (net)
+€3.0m
Financing
+€385,849
Debts after one year
+€385,849
Cash 2025
€724,641
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €103,916,123 | €113,090,558 | +€9.2m | +8.8% |
| Fixed assets | 21/28 | €97,295,970 | €94,160,669 | -€3.1m | -3.2% |
| Intangible fixed assets | 21 | €169,114 | €467,726 | +€298,612 | +176.6% |
| Tangible fixed assets | 22/27 | - | €94,149 | +€94,149 | |
| Plant, machinery and equipment | 23 | - | €74,337 | +€74,337 | |
| Furniture and vehicles | 24 | - | €19,812 | +€19,812 | |
| Financial fixed assets | 28 | €97,126,856 | €93,598,795 | -€3.5m | -3.6% |
| Affiliated companies | 280/1 | €95,376,795 | €91,491,558 | -€3.9m | -4.1% |
| Participating interests | 280 | €79,598,495 | €79,543,263 | -€55,232 | -0.1% |
| Amounts receivable | 281 | €15,778,299 | €11,948,295 | -€3.8m | -24.3% |
| Companies linked by participating interests | 282/3 | €1,750,000 | €2,107,175 | +€357,175 | +20.4% |
| Participating interests | 282 | - | €498,000 | +€498,000 | |
| Amounts receivable | 283 | €1,750,000 | €1,609,175 | -€140,825 | -8.0% |
| Other financial fixed assets | 284/8 | €62 | €62 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €62 | €62 | = | 0.0% |
| Current assets | 29/58 | €6,620,153 | €18,929,889 | +€12.3m | +185.9% |
| Stocks and contracts in progress | 3 | €0 | €328,640 | +€328,640 | |
| Stocks | 30/36 | - | €328,640 | +€328,640 | |
| Goods purchased for resale | 34 | - | €328,640 | +€328,640 | |
| Amounts receivable within one year | 40/41 | €3,311,085 | €17,175,687 | +€13.9m | +418.7% |
| Trade receivables | 40 | €3,227,872 | €16,920,226 | +€13.7m | +424.2% |
| Other amounts receivable | 41 | €83,213 | €255,461 | +€172,248 | +207.0% |
| Cash at bank and in hand | 54/58 | €3,102,641 | €724,641 | -€2.4m | -76.6% |
| Deferred charges and accrued income | 490/1 | €206,427 | €700,921 | +€494,494 | +239.5% |
| Total equity and liabilities | 10/49 | €103,916,123 | €113,090,558 | +€9.2m | +8.8% |
| Equity | 10/15 | €25,135,773 | €28,257,597 | +€3.1m | +12.4% |
| Contributions | 10/11 | €18,565,328 | €18,565,328 | = | 0.0% |
| Capital | 10 | €18,565,328 | €18,565,328 | = | 0.0% |
| Issued capital | 100 | €18,565,328 | €18,565,328 | = | 0.0% |
| Reserves | 13 | €728,472 | €9,692,269 | +€9.0m | +1230.5% |
| Non-distributable reserves | 130/1 | €307,472 | €463,563 | +€156,091 | +50.8% |
| Legal reserve | 130 | €307,472 | €463,563 | +€156,091 | +50.8% |
| Tax-exempt reserves | 132 | €421,000 | €421,000 | = | 0.0% |
| Distributable reserves | 133 | - | €8,807,706 | +€8.8m | |
| Profit (loss) carried forward | 14 | €5,841,972 | €0 | -€5.8m | -100.0% |
| Amounts payable | 17/49 | €78,780,350 | €84,832,961 | +€6.1m | +7.7% |
| Amounts payable after more than one year | 17 | €70,149,303 | €70,535,151 | +€385,849 | +0.6% |
| Financial debts | 170/4 | €46,334,559 | €40,488,405 | -€5.8m | -12.6% |
| Subordinated loans | 170 | €18,565,328 | €18,565,328 | = | 0.0% |
| Credit institutions | 173 | €27,769,231 | €21,923,077 | -€5.8m | -21.1% |
| Other amounts payable | 178/9 | €23,814,744 | €30,046,747 | +€6.2m | +26.2% |
| Amounts payable within one year | 42/48 | €6,460,298 | €11,174,958 | +€4.7m | +73.0% |
| Current portion of amounts payable after more than one year | 42 | €5,846,154 | €5,846,154 | = | 0.0% |
| Trade debts | 44 | €546,911 | €3,342,275 | +€2.8m | +511.1% |
| Suppliers | 440/4 | €546,911 | €3,342,275 | +€2.8m | +511.1% |
| Taxes, remuneration and social security | 45 | €67,234 | €86,529 | +€19,295 | +28.7% |
| Taxes | 450/3 | €64,049 | €62,655 | -€1,393 | -2.2% |
| Remuneration and social security | 454/9 | €3,185 | €23,873 | +€20,688 | +649.5% |
| Other amounts payable | 47/48 | €0 | €1,900,000 | +€1.9m | |
| Accrued charges and deferred income | 492/3 | €2,170,749 | €3,122,852 | +€952,103 | +43.9% |
| Operating income | 70/76A | €8,284,267 | €38,777,147 | +€30.5m | +368.1% |
| Turnover | 70 | €3,733,355 | €30,348,093 | +€26.6m | +712.9% |
| Other operating income | 74 | €4,550,912 | €8,429,054 | +€3.9m | +85.2% |
| Operating charges | 60/66A | €5,165,015 | €33,355,984 | +€28.2m | +545.8% |
| Goods for resale, raw materials and consumables | 60 | €3,010,037 | €28,628,463 | +€25.6m | +851.1% |
| Purchases | 600/8 | €3,010,037 | €28,957,103 | +€25.9m | +862.0% |
| Change in stocks: decrease (increase) | 609 | - | -€328,640 | -€328,640 | |
| Services and other goods | 61 | €2,082,753 | €4,377,721 | +€2.3m | +110.2% |
| Remuneration, social security and pensions | 62 | €65,163 | €254,956 | +€189,794 | +291.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,963 | €92,426 | +€86,462 | +1449.9% |
| Other operating charges | 640/8 | €1,100 | €2,418 | +€1,318 | +119.9% |
| Operating profit (loss) | 9901 | €3,119,252 | €5,421,163 | +€2.3m | +73.8% |
| Financial income | 75/76B | €7,359,233 | €2,338,577 | -€5.0m | -68.2% |
| Recurring financial income | 75 | €7,359,233 | €2,338,577 | -€5.0m | -68.2% |
| Income from financial fixed assets | 750 | €6,859,205 | €1,673,547 | -€5.2m | -75.6% |
| Income from current assets | 751 | €499,878 | €645,781 | +€145,903 | +29.2% |
| Other financial income | 752/9 | €151 | €19,250 | +€19,099 | +12687.9% |
| Financial charges | 65/66B | €4,217,740 | €4,015,555 | -€202,184 | -4.8% |
| Recurring financial charges | 65 | €3,340,247 | €3,641,930 | +€301,684 | +9.0% |
| Debt charges | 650 | €3,337,077 | €3,640,635 | +€303,558 | +9.1% |
| Other financial charges | 652/9 | €3,170 | €1,295 | -€1,875 | -59.1% |
| Non-recurring financial charges | 66B | €877,493 | €373,625 | -€503,868 | -57.4% |
| Profit (loss) for the period before taxes | 9903 | €6,260,745 | €3,744,185 | -€2.5m | -40.2% |
| Income taxes | 67/77 | €72,402 | €622,360 | +€549,958 | +759.6% |
| Taxes | 670/3 | €73,308 | €622,360 | +€549,052 | +749.0% |
| Tax adjustments and reversals of tax provisions | 77 | €906 | €0 | -€906 | -100.0% |
| Profit (loss) for the period | 9904 | €6,188,343 | €3,121,825 | -€3.1m | -49.6% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €6,188,343 | €3,121,825 | -€3.1m | -49.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.