FREVIA: 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.
FREVIA
Largest movements
- Receivables within one year -€11,022
down €11,022 (-86.8%), from €12,692 to €1,670
of which Trade receivables: -€6,249
- Cash +€561
up €561 (+7.5%), from €7,496 to €8,057
mainly Receivables within one year (+€11,022) and Other debts (+€3,850)
- Tangible fixed assets -€547
down €547 (-21.8%), from €2,508 to €1,961
- Contributions -€8,600
down €8,600 (-46.2%), from €18,600 to €10,000
- Other debts +€3,850
new in 2025: €3,850
- Profit (loss) carried forward -€2,609
down €2,609 (-168.4%), from -€1,549 to -€4,158
- Reserves -€1,860
no longer reported in 2025 (was €1,860)
- Trade debts -€1,759
down €1,759 (-47.6%), from €3,691 to €1,932
- Gross operating margin -€8,300
down €8,300, from €4,696 to -€3,604
- Depreciation +€219
up €219 (+39.7%), from €553 to €772
- Other operating charges -€83
down €83 (-19.9%), from €417 to €334
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 | €23,672 | €12,484 | -€11,188 | -47.3% |
| Formation expenses | 20 | €787 | €562 | -€225 | -28.6% |
| Fixed assets | 21/28 | €2,508 | €1,961 | -€547 | -21.8% |
| Tangible fixed assets | 22/27 | €2,508 | €1,961 | -€547 | -21.8% |
| Furniture and vehicles | 24 | €2,508 | €1,961 | -€547 | -21.8% |
| Current assets | 29/58 | €20,377 | €9,961 | -€10,416 | -51.1% |
| Stocks and contracts in progress | 3 | €150 | - | -€150 | |
| Stocks | 30/36 | €150 | - | -€150 | |
| Amounts receivable within one year | 40/41 | €12,692 | €1,670 | -€11,022 | -86.8% |
| Trade receivables | 40 | €7,919 | €1,670 | -€6,249 | -78.9% |
| Other amounts receivable | 41 | €4,774 | - | -€4,774 | |
| Cash at bank and in hand | 54/58 | €7,496 | €8,057 | +€561 | +7.5% |
| Deferred charges and accrued income | 490/1 | €38 | €234 | +€196 | +511.2% |
| Total equity and liabilities | 10/49 | €23,672 | €12,484 | -€11,188 | -47.3% |
| Equity | 10/15 | €18,911 | €5,842 | -€13,069 | -69.1% |
| Contributions | 10/11 | €18,600 | €10,000 | -€8,600 | -46.2% |
| Reserves | 13 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €1,860 | - | -€1,860 | |
| Profit (loss) carried forward | 14 | -€1,549 | -€4,158 | -€2,609 | -168.4% |
| Amounts payable | 17/49 | €4,762 | €6,642 | +€1,880 | +39.5% |
| Amounts payable within one year | 42/48 | €4,762 | €6,544 | +€1,783 | +37.4% |
| Trade debts | 44 | €3,691 | €1,932 | -€1,759 | -47.6% |
| Suppliers | 440/4 | €3,691 | €1,932 | -€1,759 | -47.6% |
| Taxes, remuneration and social security | 45 | €1,071 | €762 | -€309 | -28.9% |
| Taxes | 450/3 | €1,071 | €762 | -€309 | -28.9% |
| Other amounts payable | 47/48 | - | €3,850 | +€3,850 | |
| Accrued charges and deferred income | 492/3 | - | €98 | +€98 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €553 | €772 | +€219 | +39.7% |
| Other operating charges | 640/8 | €417 | €334 | -€83 | -19.9% |
| Gross operating margin | 9900 | €4,696 | -€3,604 | -€8,300 | |
| Operating profit (loss) | 9901 | €3,726 | -€4,711 | -€8,437 | |
| Financial income | 75/76B | €247 | €280 | +€33 | +13.5% |
| Recurring financial income | 75 | €247 | €280 | +€33 | +13.5% |
| Financial charges | 65/66B | €41 | €38 | -€2 | -5.3% |
| Recurring financial charges | 65 | €41 | €38 | -€2 | -5.3% |
| Profit (loss) for the period before taxes | 9903 | €3,933 | -€4,469 | -€8,401 | |
| Profit (loss) for the period | 9904 | €3,933 | -€4,469 | -€8,401 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,933 | -€4,469 | -€8,401 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.