FRESTE: 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.
FRESTE
Largest movements
- Tangible fixed assets -€7,072
down €7,072 (-6.5%), from €109,003 to €101,931
of which Land and buildings: -€7,007
- Cash -€2,015
down €2,015 (-5.9%), from €34,171 to €32,156
mainly Other debts (-€5,586) and Net result for the year (-€3,280)
- Other debts -€5,586
down €5,586 (-4.8%), from €115,414 to €109,828
- Profit (loss) carried forward -€3,280
down €3,280 (-14.1%), from -€23,193 to -€26,473
- Depreciation -€1,184
down €1,184 (-14.3%), from €8,256 to €7,072
- Gross operating margin +€446
up €446 (+6.4%), from €6,908 to €7,353
- Other operating charges -€160
down €160 (-5.2%), from €3,059 to €2,898
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 | €144,199 | €134,820 | -€9,379 | -6.5% |
| Fixed assets | 21/28 | €109,003 | €101,931 | -€7,072 | -6.5% |
| Tangible fixed assets | 22/27 | €109,003 | €101,931 | -€7,072 | -6.5% |
| Land and buildings | 22 | €108,938 | €101,931 | -€7,007 | -6.4% |
| Plant, machinery and equipment | 23 | €65 | €0 | -€65 | -100% |
| Furniture and vehicles | 24 | - | €0 | = | |
| Current assets | 29/58 | €35,196 | €32,888 | -€2,307 | -6.6% |
| Amounts receivable within one year | 40/41 | €1,025 | €732 | -€292 | -28.5% |
| Trade receivables | 40 | €732 | €732 | = | 0.0% |
| Other amounts receivable | 41 | €292 | - | -€292 | |
| Cash at bank and in hand | 54/58 | €34,171 | €32,156 | -€2,015 | -5.9% |
| Total equity and liabilities | 10/49 | €144,199 | €134,820 | -€9,379 | -6.5% |
| Equity | 10/15 | €27,383 | €24,103 | -€3,280 | -12.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €31,976 | €31,976 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €208 | €208 | = | 0.0% |
| Distributable reserves | 133 | €29,908 | €29,908 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,193 | -€26,473 | -€3,280 | -14.1% |
| Amounts payable | 17/49 | €116,816 | €110,716 | -€6,099 | -5.2% |
| Amounts payable within one year | 42/48 | €116,816 | €110,716 | -€6,099 | -5.2% |
| Trade debts | 44 | €318 | €17 | -€301 | -94.7% |
| Suppliers | 440/4 | €318 | €17 | -€301 | -94.7% |
| Taxes, remuneration and social security | 45 | €1,084 | €871 | -€213 | -19.6% |
| Taxes | 450/3 | €1,084 | €871 | -€213 | -19.6% |
| Other amounts payable | 47/48 | €115,414 | €109,828 | -€5,586 | -4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,256 | €7,072 | -€1,184 | -14.3% |
| Other operating charges | 640/8 | €3,059 | €2,898 | -€160 | -5.2% |
| Gross operating margin | 9900 | €6,908 | €7,353 | +€446 | +6.4% |
| Operating profit (loss) | 9901 | -€4,406 | -€2,617 | +€1,790 | +40.6% |
| Financial income | 75/76B | €54 | €7 | -€47 | -86.9% |
| Recurring financial income | 75 | €54 | €7 | -€47 | -86.9% |
| Financial charges | 65/66B | €153 | €170 | +€17 | +11.1% |
| Recurring financial charges | 65 | €153 | €170 | +€17 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | -€4,506 | -€2,780 | +€1,726 | +38.3% |
| Income taxes | 67/77 | €547 | €500 | -€47 | -8.7% |
| Profit (loss) for the period | 9904 | -€5,053 | -€3,280 | +€1,773 | +35.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,053 | -€3,280 | +€1,773 | +35.1% |
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 18 October 2026 via checked.be.