FREVAN ENGINEERING: 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.
FREVAN ENGINEERING
Largest movements
- Current investments +€744,797
up €744,797 (+120.6%), from €617,694 to €1.4m
- Cash -€355,968
down €355,968 (-51.6%), from €690,520 to €334,552
mainly Current investments (-€744,797) and Receivables within one year (-€218,466)
- Receivables within one year +€218,466
up €218,466 (+267.0%), from €81,813 to €300,279
of which Trade receivables: +€118,466
- Deferred charges and accrued income -€198,373
down €198,373 (-98.4%), from €201,545 to €3,173
- Tangible fixed assets -€29,637
down €29,637 (-8.1%), from €365,157 to €335,520
of which Furniture and vehicles: -€18,610
- Reserves +€483,802
up €483,802 (+28.9%), from €1.7m to €2.2m
- Other debts -€72,694
down €72,694 (-47.4%), from €153,454 to €80,761
- Debts after one year -€32,922
down €32,922 (-81.8%), from €40,235 to €7,313
- Financial income +€315,206
up €315,206 (+150.8%), from €209,005 to €524,212
- Taxes +€25,185
up €25,185 (+37.2%), from €67,724 to €92,908
- Gross operating margin -€7,778
down €7,778 (-2.5%), from €316,253 to €308,475
- Staff costs +€4,912
up €4,912 (+3.8%), from €127,880 to €132,792
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 | €2,077,561 | €2,455,954 | +€378,393 | +18.2% |
| Fixed assets | 21/28 | €480,808 | €451,171 | -€29,637 | -6.2% |
| Tangible fixed assets | 22/27 | €365,157 | €335,520 | -€29,637 | -8.1% |
| Land and buildings | 22 | €297,886 | €286,859 | -€11,027 | -3.7% |
| Furniture and vehicles | 24 | €67,271 | €48,661 | -€18,610 | -27.7% |
| Financial fixed assets | 28 | €115,651 | €115,651 | = | 0.0% |
| Current assets | 29/58 | €1,596,753 | €2,004,783 | +€408,030 | +25.6% |
| Stocks and contracts in progress | 3 | €5,181 | €4,288 | -€893 | -17.2% |
| Stocks | 30/36 | €5,181 | €4,288 | -€893 | -17.2% |
| Amounts receivable within one year | 40/41 | €81,813 | €300,279 | +€218,466 | +267.0% |
| Trade receivables | 40 | €81,813 | €200,279 | +€118,466 | +144.8% |
| Other amounts receivable | 41 | €0 | €100,000 | +€100,000 | |
| Current investments | 50/53 | €617,694 | €1,362,491 | +€744,797 | +120.6% |
| Cash at bank and in hand | 54/58 | €690,520 | €334,552 | -€355,968 | -51.6% |
| Deferred charges and accrued income | 490/1 | €201,545 | €3,173 | -€198,373 | -98.4% |
| Total equity and liabilities | 10/49 | €2,077,561 | €2,455,954 | +€378,393 | +18.2% |
| Equity | 10/15 | €1,737,119 | €2,219,198 | +€482,079 | +27.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,672,002 | €2,155,804 | +€483,802 | +28.9% |
| Distributable reserves | 133 | €1,672,002 | €2,155,804 | +€483,802 | +28.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Investment grants | 15 | €46,525 | €44,802 | -€1,723 | -3.7% |
| Amounts payable | 17/49 | €340,442 | €236,756 | -€103,686 | -30.5% |
| Amounts payable after more than one year | 17 | €40,235 | €7,313 | -€32,922 | -81.8% |
| Financial debts | 170/4 | €40,235 | €7,313 | -€32,922 | -81.8% |
| Amounts payable within one year | 42/48 | €300,206 | €229,443 | -€70,764 | -23.6% |
| Current portion of amounts payable after more than one year | 42 | €32,043 | €32,922 | +€880 | +2.7% |
| Financial debts | 43 | €0 | €16,807 | +€16,807 | |
| Credit institutions | 430/8 | €0 | €16,807 | +€16,807 | |
| Trade debts | 44 | €6,411 | €3,302 | -€3,109 | -48.5% |
| Suppliers | 440/4 | €6,411 | €3,302 | -€3,109 | -48.5% |
| Taxes, remuneration and social security | 45 | €108,299 | €95,651 | -€12,648 | -11.7% |
| Taxes | 450/3 | €82,542 | €79,408 | -€3,134 | -3.8% |
| Remuneration and social security | 454/9 | €25,757 | €16,243 | -€9,513 | -36.9% |
| Other amounts payable | 47/48 | €153,454 | €80,761 | -€72,694 | -47.4% |
| Accrued charges and deferred income | 492/3 | €0 | €0 | -€0 | -100.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €127,880 | €132,792 | +€4,912 | +3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,960 | €30,371 | +€2,411 | +8.6% |
| Other operating charges | 640/8 | €9,964 | €8,819 | -€1,145 | -11.5% |
| Gross operating margin | 9900 | €316,253 | €308,475 | -€7,778 | -2.5% |
| Operating profit (loss) | 9901 | €150,449 | €136,493 | -€13,956 | -9.3% |
| Financial income | 75/76B | €209,005 | €524,212 | +€315,206 | +150.8% |
| Recurring financial income | 75 | €209,005 | €524,212 | +€315,206 | +150.8% |
| Financial charges | 65/66B | €4,880 | €3,995 | -€885 | -18.1% |
| Recurring financial charges | 65 | €4,880 | €3,995 | -€885 | -18.1% |
| Profit (loss) for the period before taxes | 9903 | €354,574 | €656,710 | +€302,136 | +85.2% |
| Income taxes | 67/77 | €67,724 | €92,908 | +€25,185 | +37.2% |
| Profit (loss) for the period | 9904 | €286,850 | €563,802 | +€276,951 | +96.5% |
| Profit (loss) for the period to be appropriated | 9905 | €286,850 | €563,802 | +€276,951 | +96.5% |
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 10 October 2026 via checked.be.