FRIEDLAND: 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.
FRIEDLAND
Largest movements
- Receivables within one year +€25,555
up €25,555 (+33.3%), from €76,728 to €102,283
- Tangible fixed assets -€13,846
down €13,846 (-12.3%), from €112,819 to €98,973
- Profit (loss) carried forward +€14,514
up €14,514 (+52.1%), from €27,856 to €42,370
- Tax, wage and social debts +€5,286
up €5,286 (+102.6%), from €5,150 to €10,436
- Debts after one year -€4,631
down €4,631 (-16.8%), from €27,552 to €22,922
- Trade debts -€3,858
down €3,858 (-90.6%), from €4,256 to €398
- Other operating charges +€5,724
up €5,724 (+1647.1%), from €348 to €6,071
- Gross operating margin +€4,700
up €4,700 (+13.1%), from €36,003 to €40,704
- Taxes -€716
down €716 (-11.9%), from €6,002 to €5,286
- Financial charges -€512
down €512 (-29.9%), from €1,715 to €1,202
From the 2021 result to the 2022 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 | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €189,766 | €201,486 | +€11,721 | +6.2% |
| Fixed assets | 21/28 | €112,819 | €98,973 | -€13,846 | -12.3% |
| Tangible fixed assets | 22/27 | €112,819 | €98,973 | -€13,846 | -12.3% |
| Land and buildings | 22 | €112,819 | €98,973 | -€13,846 | -12.3% |
| Current assets | 29/58 | €76,946 | €102,513 | +€25,567 | +33.2% |
| Amounts receivable within one year | 40/41 | €76,728 | €102,283 | +€25,555 | +33.3% |
| Other amounts receivable | 41 | €76,728 | €102,283 | +€25,555 | +33.3% |
| Deferred charges and accrued income | 490/1 | €218 | €230 | +€12 | +5.6% |
| Total equity and liabilities | 10/49 | €189,766 | €201,486 | +€11,721 | +6.2% |
| Equity | 10/15 | €96,027 | €110,541 | +€14,514 | +15.1% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €6,197 | €6,197 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,856 | €42,370 | +€14,514 | +52.1% |
| Amounts payable | 17/49 | €93,739 | €90,946 | -€2,793 | -3.0% |
| Amounts payable after more than one year | 17 | €27,552 | €22,922 | -€4,631 | -16.8% |
| Financial debts | 170/4 | €27,552 | €22,922 | -€4,631 | -16.8% |
| Amounts payable within one year | 42/48 | €66,187 | €68,024 | +€1,837 | +2.8% |
| Current portion of amounts payable after more than one year | 42 | €4,465 | €4,631 | +€166 | +3.7% |
| Financial debts | 43 | €2,445 | €2,689 | +€244 | +10.0% |
| Credit institutions | 430/8 | €2,445 | €2,689 | +€244 | +10.0% |
| Trade debts | 44 | €4,256 | €398 | -€3,858 | -90.6% |
| Suppliers | 440/4 | €4,256 | €398 | -€3,858 | -90.6% |
| Taxes, remuneration and social security | 45 | €5,150 | €10,436 | +€5,286 | +102.6% |
| Taxes | 450/3 | €5,150 | €10,436 | +€5,286 | +102.6% |
| Other amounts payable | 47/48 | €49,870 | €49,870 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,846 | €13,846 | = | 0.0% |
| Other operating charges | 640/8 | €348 | €6,071 | +€5,724 | +1647.1% |
| Gross operating margin | 9900 | €36,003 | €40,704 | +€4,700 | +13.1% |
| Operating profit (loss) | 9901 | €21,810 | €20,786 | -€1,024 | -4.7% |
| Financial income | 75/76B | €0 | €216 | +€216 | +107945.0% |
| Recurring financial income | 75 | €0 | €216 | +€216 | +107945.0% |
| Financial charges | 65/66B | €1,715 | €1,202 | -€512 | -29.9% |
| Recurring financial charges | 65 | €1,715 | €1,202 | -€512 | -29.9% |
| Profit (loss) for the period before taxes | 9903 | €20,095 | €19,800 | -€295 | -1.5% |
| Income taxes | 67/77 | €6,002 | €5,286 | -€716 | -11.9% |
| Profit (loss) for the period | 9904 | €14,093 | €14,514 | +€421 | +3.0% |
| Profit (loss) for the period to be appropriated | 9905 | €14,093 | €14,514 | +€421 | +3.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.