FRESH GROW: what changed
FRESH GROW
Largest movements
- Receivables within one year -€33,215
down €33,215 (-39.6%), from €83,884 to €50,669
of which Other amounts receivable: -€27,585
- Cash -€25,552
down €25,552 (-69.6%), from €36,701 to €11,149
mainly Net result for the year (-€79,088) and Debts after one year (-€3,735)
- Tangible fixed assets -€7,782
down €7,782 (-27.6%), from €28,202 to €20,420
of which Leasing and similar rights: -€3,991
- Profit (loss) carried forward -€79,088
down €79,088 (-26.7%), from -€296,216 to -€375,304
- Trade debts +€13,681
up €13,681 (+3.2%), from €428,758 to €442,439
- Debts after one year -€3,735
down €3,735 (-35.2%), from €10,602 to €6,867
- Gross operating margin -€83,318
down €83,318, from €23,160 to -€60,158
- Staff costs -€24,639
down €24,639 (-91.2%), from €27,014 to €2,375
- Other operating charges +€1,964
up €1,964 (+162%), from €1,216 to €3,180
- Financial income +€1,513
new in 2025: €1,513
- Financial charges +€614
up €614 (+10.7%), from €5,722 to €6,336
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 | €155,942 | €88,241 | -€67,701 | -43.4% |
| Fixed assets | 21/28 | €28,202 | €20,420 | -€7,782 | -27.6% |
| Tangible fixed assets | 22/27 | €28,202 | €20,420 | -€7,782 | -27.6% |
| Plant, machinery and equipment | 23 | €13,430 | €9,639 | -€3,791 | -28.2% |
| Leasing and similar rights | 25 | €14,772 | €10,781 | -€3,991 | -27.0% |
| Current assets | 29/58 | €127,740 | €67,821 | -€59,919 | -46.9% |
| Stocks and contracts in progress | 3 | €5,082 | €5,082 | = | 0.0% |
| Stocks | 30/36 | €5,082 | €5,082 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €83,884 | €50,669 | -€33,215 | -39.6% |
| Trade receivables | 40 | €5,630 | €0 | -€5,630 | -100% |
| Other amounts receivable | 41 | €78,254 | €50,669 | -€27,585 | -35.3% |
| Cash at bank and in hand | 54/58 | €36,701 | €11,149 | -€25,552 | -69.6% |
| Deferred charges and accrued income | 490/1 | €2,073 | €921 | -€1,152 | -55.6% |
| Total equity and liabilities | 10/49 | €155,942 | €88,241 | -€67,701 | -43.4% |
| Equity | 10/15 | -€291,216 | -€370,304 | -€79,088 | -27.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€296,216 | -€375,304 | -€79,088 | -26.7% |
| Amounts payable | 17/49 | €447,158 | €458,545 | +€11,387 | +2.5% |
| Amounts payable after more than one year | 17 | €10,602 | €6,867 | -€3,735 | -35.2% |
| Financial debts | 170/4 | €10,602 | €6,867 | -€3,735 | -35.2% |
| Amounts payable within one year | 42/48 | €436,556 | €451,678 | +€15,122 | +3.5% |
| Current portion of amounts payable after more than one year | 42 | €3,470 | €3,735 | +€264 | +7.6% |
| Trade debts | 44 | €428,758 | €442,439 | +€13,681 | +3.2% |
| Suppliers | 440/4 | €428,758 | €442,439 | +€13,681 | +3.2% |
| Advances received on contracts in progress | 46 | €150 | €0 | -€150 | -100% |
| Taxes, remuneration and social security | 45 | €4,178 | €5,247 | +€1,069 | +25.6% |
| Taxes | 450/3 | €4,178 | €5,247 | +€1,069 | +25.6% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | - | €258 | +€258 | |
| Remuneration, social security and pensions | 62 | €27,014 | €2,375 | -€24,639 | -91.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,709 | €8,553 | -€157 | -1.8% |
| Other operating charges | 640/8 | €1,216 | €3,180 | +€1,964 | +162% |
| Gross operating margin | 9900 | €23,160 | -€60,158 | -€83,318 | |
| Operating profit (loss) | 9901 | -€13,779 | -€74,265 | -€60,486 | -439% |
| Financial income | 75/76B | - | €1,513 | +€1,513 | |
| Recurring financial income | 75 | - | €1,513 | +€1,513 | |
| Financial charges | 65/66B | €5,722 | €6,336 | +€614 | +10.7% |
| Recurring financial charges | 65 | €5,722 | €6,336 | +€614 | +10.7% |
| Profit (loss) for the period before taxes | 9903 | -€19,501 | -€79,088 | -€59,587 | -306% |
| Profit (loss) for the period | 9904 | -€19,501 | -€79,088 | -€59,587 | -306% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,501 | -€79,088 | -€59,587 | -306% |
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 8 November 2026 via checked.be.