FRID MIND TECHNOLOGIES: 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.
FRID MIND TECHNOLOGIES
Largest movements
- Intangible fixed assets +€56,246
up €56,246 (+45.7%), from €123,121 to €179,366
- Receivables within one year -€18,151
down €18,151 (-8.6%), from €211,899 to €193,748
of which Other amounts receivable: -€18,293
- Cash +€14,541
up €14,541 (+914.7%), from €1,590 to €16,131
mainly Debts after one year (+€116,000) and Depreciation (+€43,078)
- Debts after one year +€116,000
new in 2025: €116,000
- Profit (loss) carried forward -€75,045
down €75,045 (-2.7%), from -€2.8m to -€2.9m
- Tax, wage and social debts +€14,539
up €14,539 (+120.6%), from €12,058 to €26,597
of which Remuneration and social security: +€10,528
- Gross operating margin +€101,997
up €101,997, from -€64,858 to €37,139
- Staff costs +€57,849
up €57,849 (+355.8%), from €16,259 to €74,108
- Depreciation -€50,694
down €50,694 (-54.1%), from €93,772 to €43,078
- Taxes -€4,593
down €4,593, from €653 to -€3,940
- Other operating charges -€957
down €957 (-48.9%), from €1,955 to €998
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
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 | €1,102,401 | €1,153,857 | +€51,456 | +4.7% |
| Fixed assets | 21/28 | €888,837 | €943,978 | +€55,141 | +6.2% |
| Intangible fixed assets | 21 | €123,121 | €179,366 | +€56,246 | +45.7% |
| Tangible fixed assets | 22/27 | €763,738 | €762,634 | -€1,104 | -0.1% |
| Plant, machinery and equipment | 23 | €4,802 | €3,502 | -€1,300 | -27.1% |
| Furniture and vehicles | 24 | €1,800 | €1,996 | +€195 | +10.9% |
| Assets under construction and advance payments | 27 | €757,136 | €757,136 | = | 0.0% |
| Financial fixed assets | 28 | €1,978 | €1,978 | = | 0.0% |
| Current assets | 29/58 | €213,565 | €209,879 | -€3,686 | -1.7% |
| Amounts receivable within one year | 40/41 | €211,899 | €193,748 | -€18,151 | -8.6% |
| Trade receivables | 40 | - | €142 | +€142 | |
| Other amounts receivable | 41 | €211,899 | €193,606 | -€18,293 | -8.6% |
| Cash at bank and in hand | 54/58 | €1,590 | €16,131 | +€14,541 | +914.7% |
| Deferred charges and accrued income | 490/1 | €76 | €0 | -€76 | -100.0% |
| Total equity and liabilities | 10/49 | €1,102,401 | €1,153,857 | +€51,456 | +4.7% |
| Equity | 10/15 | €892,221 | €817,176 | -€75,045 | -8.4% |
| Contributions | 10/11 | €3,706,196 | €3,706,196 | = | 0.0% |
| Capital | 10 | €3,706,196 | €3,706,196 | = | 0.0% |
| Issued capital | 100 | €3,718,596 | €3,718,596 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,813,975 | -€2,889,020 | -€75,045 | -2.7% |
| Amounts payable | 17/49 | €210,180 | €336,680 | +€126,500 | +60.2% |
| Amounts payable after more than one year | 17 | - | €116,000 | +€116,000 | |
| Financial debts | 170/4 | - | €116,000 | +€116,000 | |
| Amounts payable within one year | 42/48 | €195,264 | €203,665 | +€8,400 | +4.3% |
| Trade debts | 44 | €25,747 | €19,608 | -€6,139 | -23.8% |
| Suppliers | 440/4 | €25,747 | €19,608 | -€6,139 | -23.8% |
| Taxes, remuneration and social security | 45 | €12,058 | €26,597 | +€14,539 | +120.6% |
| Taxes | 450/3 | €0 | €4,011 | +€4,011 | |
| Remuneration and social security | 454/9 | €12,058 | €22,586 | +€10,528 | +87.3% |
| Other amounts payable | 47/48 | €157,460 | €157,460 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €14,916 | €17,016 | +€2,100 | +14.1% |
| Remuneration, social security and pensions | 62 | €16,259 | €74,108 | +€57,849 | +355.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €93,772 | €43,078 | -€50,694 | -54.1% |
| Other operating charges | 640/8 | €1,955 | €998 | -€957 | -48.9% |
| Gross operating margin | 9900 | -€64,858 | €37,139 | +€101,997 | |
| Operating profit (loss) | 9901 | -€176,844 | -€81,046 | +€95,798 | +54.2% |
| Financial income | 75/76B | €4,339 | €5,286 | +€947 | +21.8% |
| Recurring financial income | 75 | €4,339 | €5,286 | +€947 | +21.8% |
| Financial charges | 65/66B | €2,916 | €3,225 | +€309 | +10.6% |
| Recurring financial charges | 65 | €2,916 | €3,225 | +€309 | +10.6% |
| Profit (loss) for the period before taxes | 9903 | -€175,421 | -€78,985 | +€96,436 | +55.0% |
| Income taxes | 67/77 | €653 | -€3,940 | -€4,593 | |
| Profit (loss) for the period | 9904 | -€176,074 | -€75,045 | +€101,029 | +57.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€176,074 | -€75,045 | +€101,029 | +57.4% |
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 30 September 2026 via checked.be.