FRESITA: 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.
FRESITA
Largest movements
- Tangible fixed assets +€209,006
up €209,006 (+49.8%), from €419,290 to €628,296
of which Land and buildings: +€277,103
- Cash +€143,751
up €143,751 (+97.9%), from €146,846 to €290,597
mainly Debts after one year (+€180,000) and Depreciation (+€104,731)
- Stocks and contracts -€26,577
down €26,577 (-33.3%), from €79,882 to €53,305
- Receivables within one year +€20,836
up €20,836 (+94.7%), from €22,004 to €42,840
of which Other amounts receivable: +€13,260
- Debts after one year +€180,000
up €180,000 (+75.0%), from €240,000 to €420,000
- Reserves +€72,246
up €72,246 (+22.7%), from €318,587 to €390,833
- Current portion of long-term debt +€30,000
up €30,000 (+50.0%), from €60,000 to €90,000
- Trade debts +€27,567
up €27,567 (+206%), from €13,356 to €40,923
- Other debts +€24,200
up €24,200 (+512%), from €4,725 to €28,925
- Gross operating margin +€370,688
up €370,688 (+418%), from €88,747 to €459,436
- Staff costs +€146,008
up €146,008 (+367%), from €39,747 to €185,755
- Depreciation +€72,720
up €72,720 (+227%), from €32,010 to €104,731
- Taxes +€31,224
up €31,224 (+717%), from €4,357 to €35,581
- Provisions +€16,542
new in 2025: €16,542
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 | €679,051 | €1,029,660 | +€350,610 | +51.6% |
| Fixed assets | 21/28 | €425,090 | €634,096 | +€209,006 | +49.2% |
| Tangible fixed assets | 22/27 | €419,290 | €628,296 | +€209,006 | +49.8% |
| Land and buildings | 22 | €65,500 | €342,602 | +€277,103 | +423% |
| Plant, machinery and equipment | 23 | €223,678 | €182,981 | -€40,697 | -18.2% |
| Furniture and vehicles | 24 | €130,113 | €102,713 | -€27,400 | -21.1% |
| Financial fixed assets | 28 | €5,800 | €5,800 | = | 0.0% |
| Current assets | 29/58 | €253,961 | €395,565 | +€141,604 | +55.8% |
| Stocks and contracts in progress | 3 | €79,882 | €53,305 | -€26,577 | -33.3% |
| Stocks | 30/36 | €79,882 | €53,305 | -€26,577 | -33.3% |
| Amounts receivable within one year | 40/41 | €22,004 | €42,840 | +€20,836 | +94.7% |
| Trade receivables | 40 | €5,236 | €12,812 | +€7,576 | +145% |
| Other amounts receivable | 41 | €16,768 | €30,028 | +€13,260 | +79.1% |
| Cash at bank and in hand | 54/58 | €146,846 | €290,597 | +€143,751 | +97.9% |
| Deferred charges and accrued income | 490/1 | €5,228 | €8,822 | +€3,594 | +68.8% |
| Total equity and liabilities | 10/49 | €679,051 | €1,029,660 | +€350,610 | +51.6% |
| Equity | 10/15 | €324,870 | €397,116 | +€72,246 | +22.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €318,587 | €390,833 | +€72,246 | +22.7% |
| Distributable reserves | 133 | €318,587 | €390,833 | +€72,246 | +22.7% |
| Profit (loss) carried forward | 14 | €83 | €83 | = | 0.0% |
| Provisions and deferred taxes | 16 | - | €16,542 | +€16,542 | |
| Provisions for liabilities and charges | 160/5 | - | €16,542 | +€16,542 | |
| Taxes | 161 | - | €16,542 | +€16,542 | |
| Amounts payable | 17/49 | €354,181 | €616,002 | +€261,821 | +73.9% |
| Amounts payable after more than one year | 17 | €240,000 | €420,000 | +€180,000 | +75.0% |
| Financial debts | 170/4 | €240,000 | €420,000 | +€180,000 | +75.0% |
| Amounts payable within one year | 42/48 | €102,665 | €195,937 | +€93,272 | +90.9% |
| Current portion of amounts payable after more than one year | 42 | €60,000 | €90,000 | +€30,000 | +50.0% |
| Trade debts | 44 | €13,356 | €40,923 | +€27,567 | +206% |
| Suppliers | 440/4 | €13,356 | €40,923 | +€27,567 | +206% |
| Taxes, remuneration and social security | 45 | €24,584 | €36,089 | +€11,506 | +46.8% |
| Taxes | 450/3 | €11,377 | €32,028 | +€20,651 | +182% |
| Remuneration and social security | 454/9 | €13,207 | €4,062 | -€9,145 | -69.2% |
| Other amounts payable | 47/48 | €4,725 | €28,925 | +€24,200 | +512% |
| Accrued charges and deferred income | 492/3 | €11,516 | €65 | -€11,451 | -99.4% |
| Remuneration, social security and pensions | 62 | €39,747 | €185,755 | +€146,008 | +367% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,010 | €104,731 | +€72,720 | +227% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €16,542 | +€16,542 | |
| Other operating charges | 640/8 | €1,834 | €3,755 | +€1,921 | +105% |
| Gross operating margin | 9900 | €88,747 | €459,436 | +€370,688 | +418% |
| Operating profit (loss) | 9901 | €15,155 | €148,653 | +€133,498 | +881% |
| Financial income | 75/76B | €666 | €1,520 | +€853 | +128% |
| Recurring financial income | 75 | €666 | €1,520 | +€853 | +128% |
| Financial charges | 65/66B | €1,239 | €12,319 | +€11,080 | +894% |
| Recurring financial charges | 65 | €1,239 | €12,319 | +€11,080 | +894% |
| Profit (loss) for the period before taxes | 9903 | €14,582 | €137,853 | +€123,271 | +845% |
| Income taxes | 67/77 | €4,357 | €35,581 | +€31,224 | +717% |
| Profit (loss) for the period | 9904 | €10,225 | €102,272 | +€92,047 | +900% |
| Profit (loss) for the period to be appropriated | 9905 | €10,225 | €102,272 | +€92,047 | +900% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.