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FREYBERG: 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.

What changed

FREYBERG

BE 0478.725.286
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€889
2024 · -€4,900+€5,790
Equity
-€39,254
2024 · -€40,143+€889
Cash
€1,579
2024 · €15,611-€14,032
Balance sheet total
€11,514
2024 · €25,549-€14,035

Largest movements

2024 to 2025
Assets
  • Cash -€14,032

    down €14,032 (-89.9%), from €15,611 to €1,579

    mainly Trade debts (-€20,315)

Equity and liabilities
  • Trade debts -€20,315

    down €20,315 (-94.2%), from €21,574 to €1,259

  • Debts after one year +€5,391

    up €5,391 (+12.2%), from €44,117 to €49,509

  • Profit (loss) carried forward +€889

    up €889 (+1.9%), from -€47,643 to -€46,754

Income statement
  • Gross operating margin +€6,687

    up €6,687 (+1925.0%), from €347 to €7,034

  • Other operating charges +€874

    up €874 (+19.2%), from €4,556 to €5,430

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€4,900
Gross operating margin +€6,687
Other operating charges -€874
Financial income -€6
Financial charges -€17
Result 2025 €889

Cash bridge derived

cash 2024 to 2025

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.

From operations -€19,423
Investment €0
Financing +€5,391
Cash 2024 €15,611
Net result for the year +€889
Receivables within one year +€3
Trade debts -€20,315
Debts after one year +€5,391
Cash 2025 €1,579
Every line side by side 30 lines
Line Code 2024 2025 Change %
Total assets 20/58 €25,549 €11,514 -€14,035 -54.9%
Fixed assets 21/28 €8,075 €8,075 = 0.0%
Tangible fixed assets 22/27 €8,075 €8,075 = 0.0%
Land and buildings 22 €8,075 €8,075 = 0.0%
Current assets 29/58 €17,474 €3,439 -€14,035 -80.3%
Amounts receivable within one year 40/41 €3 - -€3
Other amounts receivable 41 €3 - -€3
Current investments 50/53 €1,860 €1,860 = 0.0%
Cash at bank and in hand 54/58 €15,611 €1,579 -€14,032 -89.9%
Total equity and liabilities 10/49 €25,549 €11,514 -€14,035 -54.9%
Equity 10/15 -€40,143 -€39,254 +€889 +2.2%
Contributions 10/11 €7,500 €7,500 = 0.0%
Profit (loss) carried forward 14 -€47,643 -€46,754 +€889 +1.9%
Amounts payable 17/49 €65,692 €50,768 -€14,924 -22.7%
Amounts payable after more than one year 17 €44,117 €49,509 +€5,391 +12.2%
Other amounts payable 178/9 €44,117 €49,509 +€5,391 +12.2%
Amounts payable within one year 42/48 €21,574 €1,259 -€20,315 -94.2%
Trade debts 44 €21,574 €1,259 -€20,315 -94.2%
Suppliers 440/4 €21,574 €1,259 -€20,315 -94.2%
Other operating charges 640/8 €4,556 €5,430 +€874 +19.2%
Gross operating margin 9900 €347 €7,034 +€6,687 +1925.0%
Operating profit (loss) 9901 -€4,209 €1,604 +€5,813
Financial income 75/76B €6 - -€6
Recurring financial income 75 €6 - -€6
Financial charges 65/66B €697 €714 +€17 +2.5%
Recurring financial charges 65 €697 €280 -€417 -59.9%
Non-recurring financial charges 66B - €434 +€434
Profit (loss) for the period before taxes 9903 -€4,900 €889 +€5,790
Profit (loss) for the period 9904 -€4,900 €889 +€5,790
Profit (loss) for the period to be appropriated 9905 -€4,900 €889 +€5,790

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.