Frevi: 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.
Frevi
Largest movements
- Tangible fixed assets -€15,360
down €15,360 (-2.8%), from €555,602 to €540,242
- Debts after one year -€51,799
down €51,799 (-32.2%), from €160,991 to €109,191
- Other debts +€38,218
up €38,218 (+14.2%), from €268,469 to €306,687
- Turnover +€36,000
new in 2025: €36,000
- Purchases and services +€6,465
new in 2025: €6,465
- Financial charges -€5,355
down €5,355 (-51.6%), from €10,373 to €5,019
- Other operating charges +€4,843
up €4,843 (+119.8%), from €4,042 to €8,886
- Gross operating margin -€4,386
down €4,386 (-12.9%), from €33,921 to €29,535
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 | €560,831 | €540,242 | -€20,589 | -3.7% |
| Fixed assets | 21/28 | €555,602 | €540,242 | -€15,360 | -2.8% |
| Tangible fixed assets | 22/27 | €555,602 | €540,242 | -€15,360 | -2.8% |
| Land and buildings | 22 | €555,602 | €540,242 | -€15,360 | -2.8% |
| Current assets | 29/58 | €5,229 | - | -€5,229 | |
| Amounts receivable within one year | 40/41 | €1,087 | - | -€1,087 | |
| Other amounts receivable | 41 | €1,087 | - | -€1,087 | |
| Cash at bank and in hand | 54/58 | €4,142 | - | -€4,142 | |
| Total equity and liabilities | 10/49 | €560,831 | €540,242 | -€20,589 | -3.7% |
| Equity | 10/15 | €71,179 | €71,450 | +€271 | +0.4% |
| Contributions | 10/11 | €24,752 | €24,752 | = | 0.0% |
| Reserves | 13 | €2,879 | €2,879 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €2,479 | +€2,479 | |
| Reserves not available under the articles | 1311 | - | €2,479 | +€2,479 | |
| Distributable reserves | 133 | €2,879 | €400 | -€2,479 | -86.1% |
| Profit (loss) carried forward | 14 | €43,548 | €43,819 | +€271 | +0.6% |
| Amounts payable | 17/49 | €489,652 | €468,792 | -€20,859 | -4.3% |
| Amounts payable after more than one year | 17 | €160,991 | €109,191 | -€51,799 | -32.2% |
| Financial debts | 170/4 | €160,991 | €109,191 | -€51,799 | -32.2% |
| Amounts payable within one year | 42/48 | €325,020 | €355,960 | +€30,940 | +9.5% |
| Current portion of amounts payable after more than one year | 42 | €51,490 | €48,246 | -€3,244 | -6.3% |
| Financial debts | 43 | €5,061 | €1,026 | -€4,035 | -79.7% |
| Credit institutions | 430/8 | €5,061 | €1,026 | -€4,035 | -79.7% |
| Other amounts payable | 47/48 | €268,469 | €306,687 | +€38,218 | +14.2% |
| Accrued charges and deferred income | 492/3 | €3,641 | €3,641 | = | 0.0% |
| Turnover | 70 | - | €36,000 | +€36,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €6,465 | +€6,465 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,360 | €15,360 | = | 0.0% |
| Other operating charges | 640/8 | €4,042 | €8,886 | +€4,843 | +119.8% |
| Gross operating margin | 9900 | €33,921 | €29,535 | -€4,386 | -12.9% |
| Operating profit (loss) | 9901 | €14,518 | €5,289 | -€9,229 | -63.6% |
| Financial income | 75/76B | €27 | - | -€27 | |
| Recurring financial income | 75 | €27 | - | -€27 | |
| Financial charges | 65/66B | €10,373 | €5,019 | -€5,355 | -51.6% |
| Recurring financial charges | 65 | €10,373 | €5,019 | -€5,355 | -51.6% |
| Profit (loss) for the period before taxes | 9903 | €4,171 | €271 | -€3,901 | -93.5% |
| Income taxes | 67/77 | €0 | - | -€0 | |
| Profit (loss) for the period | 9904 | €4,171 | €271 | -€3,901 | -93.5% |
| Profit (loss) for the period to be appropriated | 9905 | €4,171 | €271 | -€3,901 | -93.5% |
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 12 October 2026 via checked.be.