FREYA PRODUCTS: 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 PRODUCTS
Largest movements
- Cash -€25,896
down €25,896 (-35.9%), from €72,058 to €46,163
mainly Investment in fixed assets (net) (-€43,185) and Receivables within one year (-€21,579)
- Receivables within one year +€21,579
up €21,579 (+53.0%), from €40,744 to €62,323
of which Trade receivables: +€28,403
- Tangible fixed assets +€20,216
up €20,216 (+193%), from €10,459 to €30,674
of which Furniture and vehicles: +€22,822
- Stocks and contracts -€9,941
down €9,941 (-13.9%), from €71,590 to €61,649
- Intangible fixed assets +€4,223
up €4,223 (+13.7%), from €30,791 to €35,014
- Profit (loss) carried forward +€15,080
up €15,080 (+95.8%), from -€15,746 to -€666
- Debts after one year -€11,705
down €11,705 (-48.1%), from €24,325 to €12,620
- Current portion of long-term debt +€5,440
up €5,440 (+28.8%), from €18,868 to €24,308
- Trade debts +€5,338
up €5,338 (+9.4%), from €56,641 to €61,980
- Staff costs -€28,500
down €28,500 (-46.1%), from €61,786 to €33,286
- Gross operating margin -€17,175
down €17,175 (-18.3%), from €94,025 to €76,850
- Taxes +€6,651
up €6,651 (+664%), from €1,002 to €7,653
- Financial charges -€5,396
down €5,396 (-75.9%), from €7,108 to €1,712
of which Non-recurring financial charges: -€5,246
- Depreciation +€3,356
up €3,356 (+21.8%), from €15,391 to €18,747
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.
Derived cash bridge
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 | €228,471 | €242,109 | +€13,638 | +6.0% |
| Fixed assets | 21/28 | €43,724 | €68,163 | +€24,438 | +55.9% |
| Intangible fixed assets | 21 | €30,791 | €35,014 | +€4,223 | +13.7% |
| Tangible fixed assets | 22/27 | €10,459 | €30,674 | +€20,216 | +193% |
| Plant, machinery and equipment | 23 | €798 | €598 | -€200 | -25.1% |
| Furniture and vehicles | 24 | - | €22,822 | +€22,822 | |
| Other tangible fixed assets | 26 | €9,660 | €7,254 | -€2,406 | -24.9% |
| Financial fixed assets | 28 | €2,475 | €2,475 | = | 0.0% |
| Current assets | 29/58 | €184,747 | €173,946 | -€10,800 | -5.8% |
| Stocks and contracts in progress | 3 | €71,590 | €61,649 | -€9,941 | -13.9% |
| Stocks | 30/36 | €71,590 | €61,649 | -€9,941 | -13.9% |
| Amounts receivable within one year | 40/41 | €40,744 | €62,323 | +€21,579 | +53.0% |
| Trade receivables | 40 | €33,068 | €61,471 | +€28,403 | +85.9% |
| Other amounts receivable | 41 | €7,676 | €852 | -€6,824 | -88.9% |
| Cash at bank and in hand | 54/58 | €72,058 | €46,163 | -€25,896 | -35.9% |
| Deferred charges and accrued income | 490/1 | €354 | €3,812 | +€3,458 | +977% |
| Total equity and liabilities | 10/49 | €228,471 | €242,109 | +€13,638 | +6.0% |
| Equity | 10/15 | €106,868 | €121,948 | +€15,080 | +14.1% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €97,614 | €97,614 | = | 0.0% |
| Distributable reserves | 133 | €97,614 | €97,614 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,746 | -€666 | +€15,080 | +95.8% |
| Amounts payable | 17/49 | €121,603 | €120,161 | -€1,442 | -1.2% |
| Amounts payable after more than one year | 17 | €24,325 | €12,620 | -€11,705 | -48.1% |
| Financial debts | 170/4 | €24,325 | €12,620 | -€11,705 | -48.1% |
| Amounts payable within one year | 42/48 | €97,278 | €107,540 | +€10,263 | +10.5% |
| Current portion of amounts payable after more than one year | 42 | €18,868 | €24,308 | +€5,440 | +28.8% |
| Trade debts | 44 | €56,641 | €61,980 | +€5,338 | +9.4% |
| Suppliers | 440/4 | €56,641 | €61,980 | +€5,338 | +9.4% |
| Taxes, remuneration and social security | 45 | €20,078 | €20,178 | +€100 | +0.5% |
| Taxes | 450/3 | €13,932 | €16,367 | +€2,435 | +17.5% |
| Remuneration and social security | 454/9 | €6,146 | €3,811 | -€2,335 | -38.0% |
| Other amounts payable | 47/48 | €1,690 | €1,074 | -€616 | -36.4% |
| Non-recurring operating income | 76A | - | €826 | +€826 | |
| Remuneration, social security and pensions | 62 | €61,786 | €33,286 | -€28,500 | -46.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,391 | €18,747 | +€3,356 | +21.8% |
| Other operating charges | 640/8 | €987 | €958 | -€30 | -3.0% |
| Gross operating margin | 9900 | €94,025 | €76,850 | -€17,175 | -18.3% |
| Operating profit (loss) | 9901 | €15,861 | €23,860 | +€7,999 | +50.4% |
| Financial income | 75/76B | €1,567 | €585 | -€982 | -62.6% |
| Recurring financial income | 75 | €1,567 | €585 | -€982 | -62.6% |
| Financial charges | 65/66B | €7,108 | €1,712 | -€5,396 | -75.9% |
| Recurring financial charges | 65 | €1,862 | €1,712 | -€150 | -8.1% |
| Non-recurring financial charges | 66B | €5,246 | - | -€5,246 | |
| Profit (loss) for the period before taxes | 9903 | €10,319 | €22,733 | +€12,414 | +120% |
| Income taxes | 67/77 | €1,002 | €7,653 | +€6,651 | +664% |
| Profit (loss) for the period | 9904 | €9,317 | €15,080 | +€5,763 | +61.9% |
| Profit (loss) for the period to be appropriated | 9905 | €9,317 | €15,080 | +€5,763 | +61.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.