FREVAN DECOR: what changed
Two fiscal 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.
FREVAN DECOR
Largest movements
- Current investments +€80,000
new in 2025: €80,000
- Cash -€43,719
down €43,719 (-24.1%), from €181,754 to €138,034
mainly Current investments (-€80,000) and Investment in fixed assets (net) (-€24,858)
- Stocks and contracts +€6,873
up €6,873 (+15.2%), from €45,205 to €52,078
- Reserves +€138,492
up €138,492 (+7445.8%), from €1,860 to €140,352
- Profit (loss) carried forward -€81,338
down €81,338 (-100.0%), from €81,338 to €0
- Debts after one year -€22,103
down €22,103 (-30.5%), from €72,532 to €50,429
- Other debts -€15,000
down €15,000 (-93.7%), from €16,002 to €1,002
- Tax, wage and social debts +€11,915
up €11,915 (+56.1%), from €21,257 to €33,173
of which Taxes: +€10,796
- Gross operating margin +€38,455
up €38,455 (+18.3%), from €210,513 to €248,969
- Taxes +€19,163
up €19,163 (+835.4%), from €2,294 to €21,457
- Staff costs -€9,417
down €9,417 (-7.1%), from €132,291 to €122,874
- Depreciation +€4,831
up €4,831 (+25.4%), from €19,021 to €23,852
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 | €347,909 | €394,533 | +€46,624 | +13.4% |
| Fixed assets | 21/28 | €99,181 | €100,186 | +€1,005 | +1.0% |
| Tangible fixed assets | 22/27 | €92,481 | €93,486 | +€1,005 | +1.1% |
| Plant, machinery and equipment | 23 | €74,787 | €65,246 | -€9,541 | -12.8% |
| Furniture and vehicles | 24 | €17,694 | €28,240 | +€10,546 | +59.6% |
| Financial fixed assets | 28 | €6,700 | €6,700 | = | 0.0% |
| Current assets | 29/58 | €248,728 | €294,347 | +€45,619 | +18.3% |
| Stocks and contracts in progress | 3 | €45,205 | €52,078 | +€6,873 | +15.2% |
| Stocks | 30/36 | €45,205 | €52,078 | +€6,873 | +15.2% |
| Amounts receivable within one year | 40/41 | €16,633 | €18,328 | +€1,695 | +10.2% |
| Trade receivables | 40 | €10,235 | €18,328 | +€8,093 | +79.1% |
| Other amounts receivable | 41 | €6,398 | €0 | -€6,398 | -100.0% |
| Current investments | 50/53 | - | €80,000 | +€80,000 | |
| Cash at bank and in hand | 54/58 | €181,754 | €138,034 | -€43,719 | -24.1% |
| Deferred charges and accrued income | 490/1 | €5,137 | €5,906 | +€770 | +15.0% |
| Total equity and liabilities | 10/49 | €347,909 | €394,533 | +€46,624 | +13.4% |
| Equity | 10/15 | €101,798 | €158,952 | +€57,154 | +56.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €140,352 | +€138,492 | +7445.8% |
| Distributable reserves | 133 | €1,860 | €140,352 | +€138,492 | +7445.8% |
| Profit (loss) carried forward | 14 | €81,338 | €0 | -€81,338 | -100.0% |
| Amounts payable | 17/49 | €246,111 | €235,581 | -€10,530 | -4.3% |
| Amounts payable after more than one year | 17 | €72,532 | €50,429 | -€22,103 | -30.5% |
| Financial debts | 170/4 | €72,532 | €50,429 | -€22,103 | -30.5% |
| Amounts payable within one year | 42/48 | €172,877 | €185,152 | +€12,276 | +7.1% |
| Current portion of amounts payable after more than one year | 42 | €22,590 | €22,103 | -€487 | -2.2% |
| Trade debts | 44 | €50,090 | €58,536 | +€8,446 | +16.9% |
| Suppliers | 440/4 | €50,090 | €58,536 | +€8,446 | +16.9% |
| Advances received on contracts in progress | 46 | €62,938 | €70,339 | +€7,401 | +11.8% |
| Taxes, remuneration and social security | 45 | €21,257 | €33,173 | +€11,915 | +56.1% |
| Taxes | 450/3 | €0 | €10,796 | +€10,796 | |
| Remuneration and social security | 454/9 | €21,257 | €22,377 | +€1,119 | +5.3% |
| Other amounts payable | 47/48 | €16,002 | €1,002 | -€15,000 | -93.7% |
| Accrued charges and deferred income | 492/3 | €702 | €0 | -€702 | -100.0% |
| Remuneration, social security and pensions | 62 | €132,291 | €122,874 | -€9,417 | -7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,021 | €23,852 | +€4,831 | +25.4% |
| Other operating charges | 640/8 | €1,410 | €1,688 | +€278 | +19.7% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €210,513 | €248,969 | +€38,455 | +18.3% |
| Operating profit (loss) | 9901 | €57,791 | €100,554 | +€42,763 | +74.0% |
| Financial income | 75/76B | €0 | €2,130 | +€2,130 | +7098566.7% |
| Recurring financial income | 75 | €0 | €2,130 | +€2,130 | +7098566.7% |
| Financial charges | 65/66B | €6,758 | €6,573 | -€185 | -2.7% |
| Recurring financial charges | 65 | €6,758 | €6,573 | -€185 | -2.7% |
| Profit (loss) for the period before taxes | 9903 | €51,033 | €96,111 | +€45,078 | +88.3% |
| Income taxes | 67/77 | €2,294 | €21,457 | +€19,163 | +835.4% |
| Profit (loss) for the period | 9904 | €48,739 | €74,654 | +€25,915 | +53.2% |
| Profit (loss) for the period to be appropriated | 9905 | €48,739 | €74,654 | +€25,915 | +53.2% |
Source: filed annual accounts (NBB), fiscal 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.