freva.com: 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.
freva.com
Largest movements
- Stocks and contracts +€12,271
up €12,271 (+27.7%), from €44,223 to €56,494
- Cash +€9,031
up €9,031 (+89.9%), from €10,045 to €19,076
mainly Net result for the year (+€59,582)
- Receivables within one year +€3,473
up €3,473 (+4.5%), from €76,439 to €79,913
of which Trade receivables: +€12,441
- Reserves +€45,464
up €45,464 (+111%), from €41,142 to €86,606
- Tax, wage and social debts -€10,814
down €10,814 (-38.6%), from €28,014 to €17,200
- Trade debts -€8,620
down €8,620 (-30.4%), from €28,370 to €19,750
- Gross operating margin +€17,564
up €17,564 (+27.6%), from €63,634 to €81,198
- Taxes +€4,113
up €4,113 (+24.1%), from €17,051 to €21,164
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 | €131,578 | €156,398 | +€24,820 | +18.9% |
| Current assets | 29/58 | €131,578 | €156,398 | +€24,820 | +18.9% |
| Stocks and contracts in progress | 3 | €44,223 | €56,494 | +€12,271 | +27.7% |
| Stocks | 30/36 | €44,223 | €56,494 | +€12,271 | +27.7% |
| Amounts receivable within one year | 40/41 | €76,439 | €79,913 | +€3,473 | +4.5% |
| Trade receivables | 40 | €67,217 | €79,658 | +€12,441 | +18.5% |
| Other amounts receivable | 41 | €9,222 | €254 | -€8,967 | -97.2% |
| Cash at bank and in hand | 54/58 | €10,045 | €19,076 | +€9,031 | +89.9% |
| Deferred charges and accrued income | 490/1 | €871 | €915 | +€44 | +5.1% |
| Total equity and liabilities | 10/49 | €131,578 | €156,398 | +€24,820 | +18.9% |
| Equity | 10/15 | €61,142 | €106,606 | +€45,464 | +74.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €41,142 | €86,606 | +€45,464 | +111% |
| Distributable reserves | 133 | €41,142 | €86,606 | +€45,464 | +111% |
| Amounts payable | 17/49 | €70,436 | €49,792 | -€20,645 | -29.3% |
| Amounts payable within one year | 42/48 | €70,436 | €49,792 | -€20,645 | -29.3% |
| Financial debts | 43 | €1,210 | - | -€1,210 | |
| Credit institutions | 430/8 | €1,210 | - | -€1,210 | |
| Trade debts | 44 | €28,370 | €19,750 | -€8,620 | -30.4% |
| Suppliers | 440/4 | €28,370 | €19,750 | -€8,620 | -30.4% |
| Taxes, remuneration and social security | 45 | €28,014 | €17,200 | -€10,814 | -38.6% |
| Taxes | 450/3 | €28,014 | €17,200 | -€10,814 | -38.6% |
| Other amounts payable | 47/48 | €12,842 | €12,842 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €63,634 | €81,198 | +€17,564 | +27.6% |
| Operating profit (loss) | 9901 | €63,247 | €80,798 | +€17,552 | +27.8% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €132 | €58 | -€74 | -56.2% |
| Recurring financial charges | 65 | €132 | €58 | -€74 | -56.2% |
| Profit (loss) for the period before taxes | 9903 | €63,115 | €80,746 | +€17,631 | +27.9% |
| Income taxes | 67/77 | €17,051 | €21,164 | +€4,113 | +24.1% |
| Profit (loss) for the period | 9904 | €46,064 | €59,582 | +€13,518 | +29.3% |
| Profit (loss) for the period to be appropriated | 9905 | €46,064 | €59,582 | +€13,518 | +29.3% |
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 21 October 2026 via checked.be.