FRESH & LIGHT: 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.
FRESH & LIGHT
Largest movements
- Intangible fixed assets +€23,892
up €23,892 (+397.3%), from €6,014 to €29,906
- Current investments -€20,607
down €20,607 (-58.5%), from €35,224 to €14,616
- Cash +€6,512
up €6,512 (+27.7%), from €23,483 to €29,995
mainly Current investments (+€20,607) and Debts after one year (+€17,219)
- Tangible fixed assets +€3,930
up €3,930 (+192.3%), from €2,044 to €5,974
of which Other tangible fixed assets: +€4,578
- Deferred charges and accrued income +€2,760
up €2,760, from €0 to €2,760
- Debts after one year +€17,219
new in 2025: €17,219
- Current portion of long-term debt +€5,281
new in 2025: €5,281
- Tax, wage and social debts -€4,124
down €4,124 (-43.9%), from €9,391 to €5,267
of which Taxes: -€7,370
- Trade debts -€2,915
down €2,915 (-59.2%), from €4,928 to €2,013
- Staff costs +€50,984
new in 2025: €50,984
- Gross operating margin +€38,834
up €38,834 (+203.1%), from €19,121 to €57,955
- Write-downs +€2,692
new in 2025: €2,692
- Taxes -€2,105
down €2,105 (-56.2%), from €3,744 to €1,639
- Depreciation +€740
up €740 (+63.6%), from €1,163 to €1,904
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 | €95,327 | €111,348 | +€16,021 | +16.8% |
| Fixed assets | 21/28 | €8,058 | €35,879 | +€27,822 | +345.3% |
| Intangible fixed assets | 21 | €6,014 | €29,906 | +€23,892 | +397.3% |
| Tangible fixed assets | 22/27 | €2,044 | €5,974 | +€3,930 | +192.3% |
| Furniture and vehicles | 24 | €2,044 | €1,396 | -€648 | -31.7% |
| Other tangible fixed assets | 26 | - | €4,578 | +€4,578 | |
| Current assets | 29/58 | €87,269 | €75,469 | -€11,801 | -13.5% |
| Amounts receivable within one year | 40/41 | €28,563 | €28,096 | -€466 | -1.6% |
| Trade receivables | 40 | €20,879 | €20,726 | -€153 | -0.7% |
| Other amounts receivable | 41 | €7,683 | €7,370 | -€313 | -4.1% |
| Current investments | 50/53 | €35,224 | €14,616 | -€20,607 | -58.5% |
| Cash at bank and in hand | 54/58 | €23,483 | €29,995 | +€6,512 | +27.7% |
| Deferred charges and accrued income | 490/1 | €0 | €2,760 | +€2,760 | |
| Total equity and liabilities | 10/49 | €95,327 | €111,348 | +€16,021 | +16.8% |
| Equity | 10/15 | €73,213 | €72,833 | -€379 | -0.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €71,213 | €70,833 | -€379 | -0.5% |
| Distributable reserves | 133 | €71,213 | €70,833 | -€379 | -0.5% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €22,114 | €38,515 | +€16,400 | +74.2% |
| Amounts payable after more than one year | 17 | - | €17,219 | +€17,219 | |
| Financial debts | 170/4 | - | €17,219 | +€17,219 | |
| Amounts payable within one year | 42/48 | €22,114 | €21,296 | -€818 | -3.7% |
| Current portion of amounts payable after more than one year | 42 | - | €5,281 | +€5,281 | |
| Financial debts | 43 | €171 | €774 | +€603 | +351.5% |
| Credit institutions | 430/8 | €171 | €774 | +€603 | +351.5% |
| Trade debts | 44 | €4,928 | €2,013 | -€2,915 | -59.2% |
| Suppliers | 440/4 | €4,928 | €2,013 | -€2,915 | -59.2% |
| Taxes, remuneration and social security | 45 | €9,391 | €5,267 | -€4,124 | -43.9% |
| Taxes | 450/3 | €7,391 | €21 | -€7,370 | -99.7% |
| Remuneration and social security | 454/9 | €2,000 | €5,246 | +€3,246 | +162.3% |
| Other amounts payable | 47/48 | €7,624 | €7,961 | +€337 | +4.4% |
| Remuneration, social security and pensions | 62 | - | €50,984 | +€50,984 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,163 | €1,904 | +€740 | +63.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,692 | +€2,692 | |
| Other operating charges | 640/8 | €1,057 | €1,113 | +€56 | +5.3% |
| Gross operating margin | 9900 | €19,121 | €57,955 | +€38,834 | +203.1% |
| Operating profit (loss) | 9901 | €16,901 | €1,262 | -€15,639 | -92.5% |
| Financial income | 75/76B | €233 | €433 | +€200 | +86.1% |
| Recurring financial income | 75 | €233 | €433 | +€200 | +86.1% |
| Financial charges | 65/66B | €495 | €434 | -€61 | -12.4% |
| Recurring financial charges | 65 | €495 | €434 | -€61 | -12.4% |
| Profit (loss) for the period before taxes | 9903 | €16,638 | €1,260 | -€15,378 | -92.4% |
| Income taxes | 67/77 | €3,744 | €1,639 | -€2,105 | -56.2% |
| Profit (loss) for the period | 9904 | €12,894 | -€379 | -€13,273 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,894 | -€379 | -€13,273 |
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 9 October 2026 via checked.be.