FRIDAY & C°: 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.
FRIDAY & C°
Largest movements
- Cash +€44,378
up €44,378 (+38.5%), from €115,314 to €159,692
mainly Net result for the year (+€61,140) and Tax, wage and social debts (+€5,074)
- Deferred charges and accrued income +€8,685
up €8,685 (+61.6%), from €14,103 to €22,788
- Reserves +€61,140
up €61,140 (+34.8%), from €175,859 to €236,998
- Other debts -€12,347
down €12,347 (-84.9%), from €14,545 to €2,198
- Financial income +€6,780
up €6,780 (+10.4%), from €65,115 to €71,895
- Taxes -€1,062
down €1,062 (-12.5%), from €8,500 to €7,438
- Gross operating margin +€890
up €890 (+25.3%), from -€3,518 to -€2,629
- Financial charges +€42
up €42 (+17.1%), from €247 to €290
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 | €561,692 | €615,171 | +€53,479 | +9.5% |
| Fixed assets | 21/28 | €80,000 | €80,000 | = | 0.0% |
| Financial fixed assets | 28 | €80,000 | €80,000 | = | 0.0% |
| Current assets | 29/58 | €481,692 | €535,171 | +€53,479 | +11.1% |
| Amounts receivable after more than one year | 29 | €327,500 | €327,500 | = | 0.0% |
| Other amounts receivable | 291 | €327,500 | €327,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €385 | €802 | +€417 | +108.2% |
| Other amounts receivable | 41 | €385 | €802 | +€417 | +108.2% |
| Current investments | 50/53 | €24,390 | €24,390 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €115,314 | €159,692 | +€44,378 | +38.5% |
| Deferred charges and accrued income | 490/1 | €14,103 | €22,788 | +€8,685 | +61.6% |
| Total equity and liabilities | 10/49 | €561,692 | €615,171 | +€53,479 | +9.5% |
| Equity | 10/15 | €540,859 | €601,998 | +€61,140 | +11.3% |
| Contributions | 10/11 | €365,000 | €365,000 | = | 0.0% |
| Reserves | 13 | €175,859 | €236,998 | +€61,140 | +34.8% |
| Distributable reserves | 133 | €175,859 | €236,998 | +€61,140 | +34.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €20,833 | €13,173 | -€7,660 | -36.8% |
| Amounts payable within one year | 42/48 | €20,833 | €13,173 | -€7,660 | -36.8% |
| Trade debts | 44 | €387 | €0 | -€387 | -100.0% |
| Suppliers | 440/4 | €387 | €0 | -€387 | -100.0% |
| Taxes, remuneration and social security | 45 | €5,901 | €10,975 | +€5,074 | +86.0% |
| Taxes | 450/3 | €5,901 | €10,975 | +€5,074 | +86.0% |
| Other amounts payable | 47/48 | €14,545 | €2,198 | -€12,347 | -84.9% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€3,518 | -€2,629 | +€890 | +25.3% |
| Operating profit (loss) | 9901 | -€3,906 | -€3,028 | +€877 | +22.5% |
| Financial income | 75/76B | €65,115 | €71,895 | +€6,780 | +10.4% |
| Recurring financial income | 75 | €65,115 | €71,895 | +€6,780 | +10.4% |
| Financial charges | 65/66B | €247 | €290 | +€42 | +17.1% |
| Recurring financial charges | 65 | €247 | €290 | +€42 | +17.1% |
| Profit (loss) for the period before taxes | 9903 | €60,962 | €68,577 | +€7,615 | +12.5% |
| Income taxes | 67/77 | €8,500 | €7,438 | -€1,062 | -12.5% |
| Profit (loss) for the period | 9904 | €52,463 | €61,140 | +€8,677 | +16.5% |
| Profit (loss) for the period to be appropriated | 9905 | €52,463 | €61,140 | +€8,677 | +16.5% |
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 11 October 2026 via checked.be.