Friction Films: 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.
Friction Films
Largest movements
- Cash -€26,672
down €26,672 (-19.4%), from €137,544 to €110,872
mainly Other debts (-€18,185) and Investment in fixed assets (net) (-€9,984)
- Tangible fixed assets +€11,040
up €11,040 (+22.6%), from €48,831 to €59,871
of which Plant, machinery and equipment: +€5,912
- Other debts -€18,185
down €18,185 (-100%), from €18,185 to €0
- Profit (loss) carried forward +€10,677
up €10,677 (+2.7%), from €396,003 to €406,681
- Short-term financial debts -€8,361
down €8,361 (-100%), from €8,361 to €0
- Advances received -€5,220
down €5,220 (-100%), from €5,220 to €0
- Staff costs -€36,074
down €36,074 (-100%), from €36,074 to €0
- Gross operating margin +€30,457
up €30,457, from -€16,146 to €14,312
- Depreciation -€26,623
down €26,623 (-89.0%), from €29,926 to €3,303
- Financial income -€9,210
down €9,210 (-71.2%), from €12,942 to €3,732
- Taxes +€2,221
up €2,221, from €0 to €2,221
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 | €449,568 | €428,138 | -€21,430 | -4.8% |
| Fixed assets | 21/28 | €194,331 | €201,011 | +€6,680 | +3.4% |
| Tangible fixed assets | 22/27 | €48,831 | €59,871 | +€11,040 | +22.6% |
| Plant, machinery and equipment | 23 | €47,567 | €53,479 | +€5,912 | +12.4% |
| Furniture and vehicles | 24 | - | €5,383 | +€5,383 | |
| Leasing and similar rights | 25 | €1,263 | €1,009 | -€254 | -20.1% |
| Financial fixed assets | 28 | €145,500 | €141,140 | -€4,360 | -3.0% |
| Current assets | 29/58 | €255,237 | €227,126 | -€28,111 | -11.0% |
| Amounts receivable within one year | 40/41 | €117,693 | €116,254 | -€1,439 | -1.2% |
| Trade receivables | 40 | €95,506 | €85,703 | -€9,802 | -10.3% |
| Other amounts receivable | 41 | €22,187 | €30,551 | +€8,363 | +37.7% |
| Cash at bank and in hand | 54/58 | €137,544 | €110,872 | -€26,672 | -19.4% |
| Total equity and liabilities | 10/49 | €449,568 | €428,138 | -€21,430 | -4.8% |
| Equity | 10/15 | €410,263 | €420,941 | +€10,677 | +2.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €396,003 | €406,681 | +€10,677 | +2.7% |
| Amounts payable | 17/49 | €39,305 | €7,197 | -€32,108 | -81.7% |
| Amounts payable within one year | 42/48 | €39,305 | €7,197 | -€32,108 | -81.7% |
| Financial debts | 43 | €8,361 | €0 | -€8,361 | -100% |
| Credit institutions | 430/8 | €8,361 | €0 | -€8,361 | -100% |
| Trade debts | 44 | €1,851 | €2,649 | +€797 | +43.1% |
| Suppliers | 440/4 | €1,851 | €2,649 | +€797 | +43.1% |
| Advances received on contracts in progress | 46 | €5,220 | €0 | -€5,220 | -100% |
| Taxes, remuneration and social security | 45 | €5,688 | €4,548 | -€1,140 | -20.0% |
| Taxes | 450/3 | €1,009 | €4,548 | +€3,540 | +351% |
| Remuneration and social security | 454/9 | €4,680 | €0 | -€4,680 | -100% |
| Other amounts payable | 47/48 | €18,185 | €0 | -€18,185 | -100% |
| Remuneration, social security and pensions | 62 | €36,074 | €0 | -€36,074 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,926 | €3,303 | -€26,623 | -89.0% |
| Other operating charges | 640/8 | €1,907 | €1,768 | -€139 | -7.3% |
| Gross operating margin | 9900 | -€16,146 | €14,312 | +€30,457 | |
| Operating profit (loss) | 9901 | -€84,053 | €9,240 | +€93,294 | |
| Financial income | 75/76B | €12,942 | €3,732 | -€9,210 | -71.2% |
| Recurring financial income | 75 | €12,942 | €3,732 | -€9,210 | -71.2% |
| Financial charges | 65/66B | €407 | €74 | -€333 | -81.8% |
| Recurring financial charges | 65 | €407 | €74 | -€333 | -81.8% |
| Profit (loss) for the period before taxes | 9903 | -€71,519 | €12,899 | +€84,417 | |
| Income taxes | 67/77 | €0 | €2,221 | +€2,221 | |
| Profit (loss) for the period | 9904 | -€71,519 | €10,677 | +€82,196 | |
| Profit (loss) for the period to be appropriated | 9905 | -€71,519 | €10,677 | +€82,196 |
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 18 October 2026 via checked.be.