FREYA: 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.
FREYA
Largest movements
- Cash -€788
down €788 (-52.6%), from €1,499 to €711
mainly Trade debts (-€2,350) and Net result for the year (-€2,177)
- Receivables after one year +€605
new in 2025: €605
- Deferred charges and accrued income +€489
new in 2025: €489
- Other debts +€4,406
up €4,406 (+19.7%), from €22,387 to €26,794
- Trade debts -€2,350
down €2,350 (-79.9%), from €2,942 to €592
- Profit (loss) carried forward -€2,177
down €2,177 (-11.2%), from -€19,357 to -€21,534
- Accrued charges and deferred income +€500
new in 2025: €500
- Gross operating margin +€7,523
up €7,523 (+77.9%), from -€9,662 to -€2,139
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 | €11,046 | €11,351 | +€306 | +2.8% |
| Current assets | 29/58 | €11,046 | €11,351 | +€306 | +2.8% |
| Amounts receivable after more than one year | 29 | - | €605 | +€605 | |
| Trade receivables | 290 | - | €605 | +€605 | |
| Stocks and contracts in progress | 3 | €9,547 | €9,547 | = | 0.0% |
| Stocks | 30/36 | €9,547 | €9,547 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,499 | €711 | -€788 | -52.6% |
| Deferred charges and accrued income | 490/1 | - | €489 | +€489 | |
| Total equity and liabilities | 10/49 | €11,046 | €11,351 | +€306 | +2.8% |
| Equity | 10/15 | -€14,357 | -€16,534 | -€2,177 | -15.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,357 | -€21,534 | -€2,177 | -11.2% |
| Amounts payable | 17/49 | €25,403 | €27,886 | +€2,483 | +9.8% |
| Amounts payable within one year | 42/48 | €25,403 | €27,386 | +€1,983 | +7.8% |
| Trade debts | 44 | €2,942 | €592 | -€2,350 | -79.9% |
| Suppliers | 440/4 | €2,942 | €592 | -€2,350 | -79.9% |
| Taxes, remuneration and social security | 45 | €74 | - | -€74 | |
| Taxes | 450/3 | €74 | - | -€74 | |
| Other amounts payable | 47/48 | €22,387 | €26,794 | +€4,406 | +19.7% |
| Accrued charges and deferred income | 492/3 | - | €500 | +€500 | |
| Other operating charges | 640/8 | €90 | - | -€90 | |
| Gross operating margin | 9900 | -€9,662 | -€2,139 | +€7,523 | +77.9% |
| Operating profit (loss) | 9901 | -€9,752 | -€2,139 | +€7,613 | +78.1% |
| Financial charges | 65/66B | €48 | €38 | -€10 | -21.7% |
| Recurring financial charges | 65 | €48 | €38 | -€10 | -21.7% |
| Profit (loss) for the period before taxes | 9903 | -€9,800 | -€2,177 | +€7,623 | +77.8% |
| Profit (loss) for the period | 9904 | -€9,800 | -€2,177 | +€7,623 | +77.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,800 | -€2,177 | +€7,623 | +77.8% |
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 9 October 2026 via checked.be.