FRIEDMAN MANUFACTURING: 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.
FRIEDMAN MANUFACTURING
Largest movements
- Stocks and contracts -€77,074
down €77,074 (-11.6%), from €665,404 to €588,331
- Profit (loss) carried forward -€82,959
down €82,959 (-206%), from -€40,332 to -€123,291
- Gross operating margin -€77,071
down €77,071 (-1,504%), from -€5,124 to -€82,195
- Financial charges -€1,661
down €1,661 (-90.3%), from €1,839 to €179
- Other operating charges -€1,314
down €1,314 (-69.2%), from €1,900 to €585
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 | €667,678 | €590,670 | -€77,009 | -11.5% |
| Current assets | 29/58 | €667,678 | €590,670 | -€77,009 | -11.5% |
| Stocks and contracts in progress | 3 | €665,404 | €588,331 | -€77,074 | -11.6% |
| Stocks | 30/36 | €665,404 | €588,331 | -€77,074 | -11.6% |
| Amounts receivable within one year | 40/41 | €519 | €519 | = | 0.0% |
| Other amounts receivable | 41 | €519 | €519 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,755 | €1,646 | -€109 | -6.2% |
| Deferred charges and accrued income | 490/1 | - | €174 | +€174 | |
| Total equity and liabilities | 10/49 | €667,678 | €590,670 | -€77,009 | -11.5% |
| Equity | 10/15 | €528,638 | €445,679 | -€82,959 | -15.7% |
| Contributions | 10/11 | €378,600 | €378,600 | = | 0.0% |
| Reserves | 13 | €190,370 | €190,370 | = | 0.0% |
| Distributable reserves | 133 | €190,370 | €190,370 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,332 | -€123,291 | -€82,959 | -206% |
| Amounts payable | 17/49 | €139,041 | €144,991 | +€5,950 | +4.3% |
| Amounts payable within one year | 42/48 | €99,237 | €105,187 | +€5,950 | +6.0% |
| Other amounts payable | 47/48 | €99,237 | €105,187 | +€5,950 | +6.0% |
| Accrued charges and deferred income | 492/3 | €39,804 | €39,804 | = | 0.0% |
| Other operating charges | 640/8 | €1,900 | €585 | -€1,314 | -69.2% |
| Gross operating margin | 9900 | -€5,124 | -€82,195 | -€77,071 | -1,504% |
| Operating profit (loss) | 9901 | -€7,024 | -€82,780 | -€75,757 | -1,079% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,839 | €179 | -€1,661 | -90.3% |
| Recurring financial charges | 65 | €1,839 | €179 | -€1,661 | -90.3% |
| Profit (loss) for the period before taxes | 9903 | -€8,863 | -€82,959 | -€74,096 | -836% |
| Profit (loss) for the period | 9904 | -€8,863 | -€82,959 | -€74,096 | -836% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,863 | -€82,959 | -€74,096 | -836% |
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 25 October 2026 via checked.be.