FRESHGROUP: 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.
FRESHGROUP
Largest movements
- Receivables within one year -€537,697
down €537,697 (-29.8%), from €1.8m to €1.3m
of which Trade receivables: -€1.5m
- Cash +€379,107
up €379,107 (+369.3%), from €102,651 to €481,758
mainly Receivables within one year (+€537,697) and Net result for the year (+€295,097)
- Stocks and contracts +€170,454
up €170,454 (+16.7%), from €1.0m to €1.2m
- Tangible fixed assets -€76,909
down €76,909 (-6.5%), from €1.2m to €1.1m
of which Other tangible fixed assets: -€43,702
- Profit (loss) carried forward +€295,097
new in 2025: €295,097
- Other debts -€200,000
no longer reported in 2025 (was €200,000)
- Trade debts -€97,860
down €97,860 (-3.0%), from €3.2m to €3.1m
- Current portion of long-term debt -€59,188
down €59,188 (-32.2%), from €183,975 to €124,787
- Turnover +€17.9m
new in 2025: €17.9m
- Purchases and services +€17.2m
new in 2025: €17.2m
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 | €4,129,594 | €4,055,434 | -€74,160 | -1.8% |
| Fixed assets | 21/28 | €1,178,300 | €1,100,391 | -€77,909 | -6.6% |
| Intangible fixed assets | 21 | €3,250 | €2,250 | -€1,000 | -30.8% |
| Tangible fixed assets | 22/27 | €1,175,050 | €1,098,141 | -€76,909 | -6.5% |
| Plant, machinery and equipment | 23 | €479,379 | €474,811 | -€4,568 | -1.0% |
| Furniture and vehicles | 24 | €210,387 | €181,748 | -€28,640 | -13.6% |
| Other tangible fixed assets | 26 | €485,284 | €441,582 | -€43,702 | -9.0% |
| Current assets | 29/58 | €2,951,294 | €2,955,043 | +€3,749 | +0.1% |
| Stocks and contracts in progress | 3 | €1,019,941 | €1,190,395 | +€170,454 | +16.7% |
| Stocks | 30/36 | €1,019,941 | €1,190,395 | +€170,454 | +16.7% |
| Amounts receivable within one year | 40/41 | €1,806,457 | €1,268,759 | -€537,697 | -29.8% |
| Trade receivables | 40 | €1,686,888 | €181,368 | -€1.5m | -89.2% |
| Other amounts receivable | 41 | €119,568 | €1,087,391 | +€967,823 | +809.4% |
| Cash at bank and in hand | 54/58 | €102,651 | €481,758 | +€379,107 | +369.3% |
| Deferred charges and accrued income | 490/1 | €22,245 | €14,130 | -€8,115 | -36.5% |
| Total equity and liabilities | 10/49 | €4,129,594 | €4,055,434 | -€74,160 | -1.8% |
| Equity | 10/15 | €363,325 | €658,422 | +€295,097 | +81.2% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €213,325 | €213,325 | = | 0.0% |
| Distributable reserves | 133 | €213,325 | €213,325 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €295,097 | +€295,097 | |
| Amounts payable | 17/49 | €3,766,269 | €3,397,012 | -€369,257 | -9.8% |
| Amounts payable after more than one year | 17 | €51,799 | €10,573 | -€41,226 | -79.6% |
| Financial debts | 170/4 | €51,799 | €10,573 | -€41,226 | -79.6% |
| Amounts payable within one year | 42/48 | €3,714,470 | €3,386,439 | -€328,031 | -8.8% |
| Current portion of amounts payable after more than one year | 42 | €183,975 | €124,787 | -€59,188 | -32.2% |
| Trade debts | 44 | €3,243,675 | €3,145,815 | -€97,860 | -3.0% |
| Suppliers | 440/4 | €3,243,675 | €3,145,815 | -€97,860 | -3.0% |
| Taxes, remuneration and social security | 45 | €86,820 | €115,837 | +€29,017 | +33.4% |
| Taxes | 450/3 | €79,297 | €95,336 | +€16,038 | +20.2% |
| Remuneration and social security | 454/9 | €7,523 | €20,501 | +€12,979 | +172.5% |
| Other amounts payable | 47/48 | €200,000 | - | -€200,000 | |
| Turnover | 70 | - | €17,938,409 | +€17.9m | |
| Non-recurring operating income | 76A | - | €69 | +€69 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €17,187,498 | +€17.2m | |
| Remuneration, social security and pensions | 62 | €96,194 | €134,548 | +€38,355 | +39.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,365 | €164,735 | +€123,370 | +298.2% |
| Other operating charges | 640/8 | €125,355 | €6,087 | -€119,268 | -95.1% |
| Non-recurring operating charges | 66A | €10,248 | - | -€10,248 | |
| Gross operating margin | 9900 | €595,441 | €751,851 | +€156,410 | +26.3% |
| Operating profit (loss) | 9901 | €322,279 | €446,480 | +€124,201 | +38.5% |
| Financial income | 75/76B | €78 | - | -€78 | |
| Recurring financial income | 75 | €78 | - | -€78 | |
| Financial charges | 65/66B | €12,114 | €36,821 | +€24,707 | +203.9% |
| Recurring financial charges | 65 | €12,114 | €36,821 | +€24,707 | +203.9% |
| Profit (loss) for the period before taxes | 9903 | €310,242 | €409,659 | +€99,417 | +32.0% |
| Income taxes | 67/77 | €78,238 | €114,562 | +€36,324 | +46.4% |
| Profit (loss) for the period | 9904 | €232,004 | €295,097 | +€63,093 | +27.2% |
| Profit (loss) for the period to be appropriated | 9905 | €232,004 | €295,097 | +€63,093 | +27.2% |
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.