FRICKS: 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
FRICKS
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€15,949
2023 · -€26,684+€10,735
Equity
€817,076
2023 · €833,025-€15,949
Cash
€2,052
2023 · €466+€1,585
Balance sheet total
€855,973
2023 · €869,427-€13,454
Largest movements
Assets
- Tangible fixed assets -€24,111
down €24,111 (-5.1%), from €468,252 to €444,141
of which Land and buildings: -€16,193
Equity and liabilities
- Profit (loss) carried forward -€12,859
down €12,859 (-5.2%), from €245,135 to €232,276
Income statement
- Financial income +€10,573
up €10,573 (+855.9%), from €1,235 to €11,808
- Gross operating margin -€2,283
down €2,283 (-29.5%), from €7,731 to €5,448
- Depreciation -€1,608
down €1,608 (-6.3%), from €25,719 to €24,111
- Financial charges -€1,104
down €1,104 (-93.8%), from €1,178 to €74
- Other operating charges +€196
up €196 (+1.9%), from €10,459 to €10,655
From the 2023 result to the 2024 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 2023
-€26,684
Gross operating margin
-€2,283
Depreciation
+€1,608
Other operating charges
-€196
Financial income
+€10,573
Financial charges
+€1,104
Taxes
-€71
Result 2024
-€15,949
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€5,939
Investment
-€2,682
Financing
-€1,672
Cash 2023
€466
From operations (derived)
+€5,939
Net result for the year
-€15,949
Depreciation
+€24,111
Receivables within one year
-€5,634
Deferred charges and accrued income
-€756
Provisions
-€1,984
Trade debts
+€6,090
Tax, wage and social debts
+€61
Investment (derived)
-€2,682
Investment in fixed assets (net)
-€1,160
Current investments
-€1,522
Financing
-€1,672
Debts after one year
-€1,672
Cash 2024
€2,052
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €869,427 | €855,973 | -€13,454 | -1.5% |
| Fixed assets | 21/28 | €469,304 | €446,353 | -€22,951 | -4.9% |
| Tangible fixed assets | 22/27 | €468,252 | €444,141 | -€24,111 | -5.1% |
| Land and buildings | 22 | €441,289 | €425,096 | -€16,193 | -3.7% |
| Plant, machinery and equipment | 23 | €395 | €76 | -€319 | -80.8% |
| Furniture and vehicles | 24 | €26,569 | €18,969 | -€7,600 | -28.6% |
| Financial fixed assets | 28 | €1,052 | €2,212 | +€1,160 | +110.3% |
| Current assets | 29/58 | €400,123 | €409,621 | +€9,497 | +2.4% |
| Amounts receivable within one year | 40/41 | €106,050 | €111,684 | +€5,634 | +5.3% |
| Trade receivables | 40 | €2,744 | €2,544 | -€200 | -7.3% |
| Other amounts receivable | 41 | €103,306 | €109,140 | +€5,834 | +5.6% |
| Current investments | 50/53 | €290,849 | €292,371 | +€1,522 | +0.5% |
| Cash at bank and in hand | 54/58 | €466 | €2,052 | +€1,585 | +340.0% |
| Deferred charges and accrued income | 490/1 | €2,757 | €3,514 | +€756 | +27.4% |
| Total equity and liabilities | 10/49 | €869,427 | €855,973 | -€13,454 | -1.5% |
| Equity | 10/15 | €833,025 | €817,076 | -€15,949 | -1.9% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €525,916 | €522,827 | -€3,090 | -0.6% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Tax-exempt reserves | 132 | €24,812 | €21,722 | -€3,090 | -12.5% |
| Distributable reserves | 133 | €494,907 | €494,907 | = | 0.0% |
| Profit (loss) carried forward | 14 | €245,135 | €232,276 | -€12,859 | -5.2% |
| Provisions and deferred taxes | 16 | €18,561 | €16,577 | -€1,984 | -10.7% |
| Deferred taxes | 168 | €18,561 | €16,577 | -€1,984 | -10.7% |
| Amounts payable | 17/49 | €17,841 | €22,320 | +€4,479 | +25.1% |
| Amounts payable after more than one year | 17 | €1,672 | - | -€1,672 | |
| Other amounts payable | 178/9 | €1,672 | - | -€1,672 | |
| Amounts payable within one year | 42/48 | €16,169 | €22,320 | +€6,151 | +38.0% |
| Trade debts | 44 | €16,169 | €22,260 | +€6,090 | +37.7% |
| Suppliers | 440/4 | €16,169 | €22,260 | +€6,090 | +37.7% |
| Taxes, remuneration and social security | 45 | - | €61 | +€61 | |
| Taxes | 450/3 | - | €61 | +€61 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,719 | €24,111 | -€1,608 | -6.3% |
| Other operating charges | 640/8 | €10,459 | €10,655 | +€196 | +1.9% |
| Gross operating margin | 9900 | €7,731 | €5,448 | -€2,283 | -29.5% |
| Operating profit (loss) | 9901 | -€28,448 | -€29,319 | -€871 | -3.1% |
| Financial income | 75/76B | €1,235 | €11,808 | +€10,573 | +855.9% |
| Recurring financial income | 75 | €1,235 | €11,808 | +€10,573 | +855.9% |
| Financial charges | 65/66B | €1,178 | €74 | -€1,104 | -93.8% |
| Recurring financial charges | 65 | €1,178 | €74 | -€1,104 | -93.8% |
| Profit (loss) for the period before taxes | 9903 | -€28,390 | -€17,584 | +€10,806 | +38.1% |
| Transfer from deferred taxes | 780 | €1,984 | €1,984 | = | 0.0% |
| Income taxes | 67/77 | €278 | €349 | +€71 | +25.5% |
| Profit (loss) for the period | 9904 | -€26,684 | -€15,949 | +€10,735 | +40.2% |
| Transfer from tax-exempt reserves | 789 | €3,090 | €3,090 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,594 | -€12,859 | +€10,735 | +45.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.