FRICO: 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.
FRICO
Largest movements
- Receivables within one year +€28,736
up €28,736 (+191.6%), from €15,000 to €43,735
of which Trade receivables: +€29,040
- Deferred charges and accrued income -€20,000
no longer reported in 2025 (was €20,000)
- Trade debts +€3,592
up €3,592 (+13.9%), from €25,842 to €29,434
- Profit (loss) carried forward +€3,589
up €3,589 (+26.3%), from -€13,630 to -€10,041
- Accrued charges and deferred income +€1,122
up €1,122 (+25.6%), from €4,389 to €5,510
- Staff costs +€34,869
new in 2025: €34,869
- Gross operating margin +€33,786
up €33,786 (+618.7%), from €5,461 to €39,247
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €35,201 | €43,936 | +€8,736 | +24.8% |
| Fixed assets | 21/28 | €201 | €201 | = | 0.0% |
| Financial fixed assets | 28 | €201 | €201 | = | 0.0% |
| Current assets | 29/58 | €35,000 | €43,735 | +€8,736 | +25.0% |
| Amounts receivable within one year | 40/41 | €15,000 | €43,735 | +€28,736 | +191.6% |
| Trade receivables | 40 | €14,695 | €43,735 | +€29,040 | +197.6% |
| Other amounts receivable | 41 | €305 | - | -€305 | |
| Deferred charges and accrued income | 490/1 | €20,000 | - | -€20,000 | |
| Total equity and liabilities | 10/49 | €35,201 | €43,936 | +€8,736 | +24.8% |
| Equity | 10/15 | €4,970 | €8,559 | +€3,589 | +72.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,630 | -€10,041 | +€3,589 | +26.3% |
| Amounts payable | 17/49 | €30,231 | €35,377 | +€5,146 | +17.0% |
| Amounts payable within one year | 42/48 | €25,842 | €29,867 | +€4,025 | +15.6% |
| Trade debts | 44 | €25,842 | €29,434 | +€3,592 | +13.9% |
| Suppliers | 440/4 | €25,842 | €29,434 | +€3,592 | +13.9% |
| Taxes, remuneration and social security | 45 | - | €433 | +€433 | |
| Taxes | 450/3 | - | €433 | +€433 | |
| Accrued charges and deferred income | 492/3 | €4,389 | €5,510 | +€1,122 | +25.6% |
| Remuneration, social security and pensions | 62 | - | €34,869 | +€34,869 | |
| Other operating charges | 640/8 | €824 | €760 | -€64 | -7.7% |
| Gross operating margin | 9900 | €5,461 | €39,247 | +€33,786 | +618.7% |
| Operating profit (loss) | 9901 | €4,637 | €3,618 | -€1,019 | -22.0% |
| Financial charges | 65/66B | €179 | €29 | -€150 | -84.0% |
| Recurring financial charges | 65 | €179 | €29 | -€150 | -84.0% |
| Profit (loss) for the period before taxes | 9903 | €4,458 | €3,589 | -€869 | -19.5% |
| Profit (loss) for the period | 9904 | €4,458 | €3,589 | -€869 | -19.5% |
| Profit (loss) for the period to be appropriated | 9905 | €4,458 | €3,589 | -€869 | -19.5% |
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 12 October 2026 via checked.be.