FRIEDA VAN DESSEL: 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.
FRIEDA VAN DESSEL
Largest movements
- Cash +€94,427
up €94,427 (+35.5%), from €265,662 to €360,088
mainly Other debts (+€87,817) and Tax, wage and social debts (+€38,313)
- Tangible fixed assets -€14,354
down €14,354 (-7.0%), from €205,536 to €191,182
of which Land and buildings: -€8,203
- Receivables within one year -€10,094
down €10,094 (-99.6%), from €10,137 to €42
of which Other amounts receivable: -€10,031
- Other debts +€87,817
up €87,817 (+531%), from €16,539 to €104,356
- Reserves -€57,781
down €57,781 (-21.0%), from €275,645 to €217,865
of which Distributable reserves: -€57,781
- Tax, wage and social debts +€38,313
up €38,313 (+346%), from €11,073 to €49,387
of which Taxes: +€36,511
- Gross operating margin +€26,319
up €26,319 (+31.7%), from €83,099 to €109,418
- Taxes +€9,567
up €9,567 (+204%), from €4,692 to €14,259
- Depreciation -€9,233
down €9,233 (-33.5%), from €27,585 to €18,353
- Staff costs -€1,866
down €1,866 (-3.8%), from €49,165 to €47,299
- Financial income -€1,231
down €1,231 (-15.4%), from €7,976 to €6,744
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 | €609,912 | €676,309 | +€66,397 | +10.9% |
| Fixed assets | 21/28 | €205,536 | €191,182 | -€14,354 | -7.0% |
| Tangible fixed assets | 22/27 | €205,536 | €191,182 | -€14,354 | -7.0% |
| Land and buildings | 22 | €163,632 | €155,429 | -€8,203 | -5.0% |
| Plant, machinery and equipment | 23 | €3,056 | €1,641 | -€1,415 | -46.3% |
| Furniture and vehicles | 24 | €38,847 | €34,112 | -€4,735 | -12.2% |
| Current assets | 29/58 | €404,376 | €485,127 | +€80,751 | +20.0% |
| Stocks and contracts in progress | 3 | €117,793 | €115,303 | -€2,490 | -2.1% |
| Stocks | 30/36 | €117,793 | €115,303 | -€2,490 | -2.1% |
| Amounts receivable within one year | 40/41 | €10,137 | €42 | -€10,094 | -99.6% |
| Trade receivables | 40 | €105 | €42 | -€63 | -59.7% |
| Other amounts receivable | 41 | €10,031 | - | -€10,031 | |
| Cash at bank and in hand | 54/58 | €265,662 | €360,088 | +€94,427 | +35.5% |
| Deferred charges and accrued income | 490/1 | €10,785 | €9,693 | -€1,091 | -10.1% |
| Total equity and liabilities | 10/49 | €609,912 | €676,309 | +€66,397 | +10.9% |
| Equity | 10/15 | €578,145 | €520,365 | -€57,781 | -10.0% |
| Contributions | 10/11 | €302,500 | €302,500 | = | 0.0% |
| Reserves | 13 | €275,645 | €217,865 | -€57,781 | -21.0% |
| Non-distributable reserves | 130/1 | €30,250 | €30,250 | = | 0.0% |
| Reserves not available under the articles | 1311 | €30,250 | €30,250 | = | 0.0% |
| Distributable reserves | 133 | €245,395 | €187,615 | -€57,781 | -23.5% |
| Amounts payable | 17/49 | €31,767 | €155,945 | +€124,178 | +391% |
| Amounts payable within one year | 42/48 | €31,709 | €155,900 | +€124,192 | +392% |
| Trade debts | 44 | €4,097 | €2,158 | -€1,939 | -47.3% |
| Suppliers | 440/4 | €4,097 | €2,158 | -€1,939 | -47.3% |
| Taxes, remuneration and social security | 45 | €11,073 | €49,387 | +€38,313 | +346% |
| Taxes | 450/3 | €1,449 | €37,960 | +€36,511 | +2,520% |
| Remuneration and social security | 454/9 | €9,624 | €11,427 | +€1,803 | +18.7% |
| Other amounts payable | 47/48 | €16,539 | €104,356 | +€87,817 | +531% |
| Accrued charges and deferred income | 492/3 | €58 | €44 | -€14 | -23.9% |
| Non-recurring operating income | 76A | €788 | - | -€788 | |
| Remuneration, social security and pensions | 62 | €49,165 | €47,299 | -€1,866 | -3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,585 | €18,353 | -€9,233 | -33.5% |
| Other operating charges | 640/8 | €1,830 | €1,767 | -€63 | -3.4% |
| Gross operating margin | 9900 | €83,099 | €109,418 | +€26,319 | +31.7% |
| Operating profit (loss) | 9901 | €4,520 | €42,000 | +€37,480 | +829% |
| Financial income | 75/76B | €7,976 | €6,744 | -€1,231 | -15.4% |
| Recurring financial income | 75 | €7,976 | €6,744 | -€1,231 | -15.4% |
| Financial charges | 65/66B | €3 | €50 | +€47 | +1,550% |
| Recurring financial charges | 65 | €3 | €50 | +€47 | +1,550% |
| Profit (loss) for the period before taxes | 9903 | €12,492 | €48,694 | +€36,202 | +290% |
| Income taxes | 67/77 | €4,692 | €14,259 | +€9,567 | +204% |
| Profit (loss) for the period | 9904 | €7,801 | €34,435 | +€26,635 | +341% |
| Profit (loss) for the period to be appropriated | 9905 | €7,801 | €34,435 | +€26,635 | +341% |
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 29 October 2026 via checked.be.