FRIENDEN: 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.
FRIENDEN
Largest movements
- Receivables within one year +€10,711
up €10,711 (+28.1%), from €38,075 to €48,786
of which Trade receivables: +€5,994
- Cash +€1,362
up €1,362 (+114%), from €1,200 to €2,562
mainly Trade debts (+€12,877) and Net result for the year (+€1,723)
- Trade debts +€12,877
up €12,877 (+95.9%), from €13,426 to €26,303
- Tax, wage and social debts -€2,129
down €2,129 (-11.0%), from €19,390 to €17,261
of which Remuneration and social security: -€2,747
- Profit (loss) carried forward +€1,637
up €1,637 (+34.2%), from -€4,782 to -€3,145
- Purchases and services -€50,361
down €50,361 (-42.5%), from €118,587 to €68,227
- Gross operating margin -€12,592
down €12,592 (-17.2%), from €73,149 to €60,557
- Staff costs -€11,327
down €11,327 (-16.4%), from €69,064 to €57,737
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €41,933 | €54,006 | +€12,073 | +28.8% |
| Current assets | 29/58 | €41,933 | €54,006 | +€12,073 | +28.8% |
| Stocks and contracts in progress | 3 | €2,659 | €2,659 | = | 0.0% |
| Stocks | 30/36 | €2,659 | €2,659 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €38,075 | €48,786 | +€10,711 | +28.1% |
| Trade receivables | 40 | €31,765 | €37,759 | +€5,994 | +18.9% |
| Other amounts receivable | 41 | €6,310 | €11,027 | +€4,717 | +74.7% |
| Cash at bank and in hand | 54/58 | €1,200 | €2,562 | +€1,362 | +114% |
| Total equity and liabilities | 10/49 | €41,933 | €54,006 | +€12,073 | +28.8% |
| Equity | 10/15 | €5,355 | €7,078 | +€1,723 | +32.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Capital | 10 | €10,000 | €10,000 | = | 0.0% |
| Issued capital | 100 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €137 | €223 | +€86 | +62.9% |
| Non-distributable reserves | 130/1 | €137 | €223 | +€86 | +62.9% |
| Legal reserve | 130 | €137 | €223 | +€86 | +62.9% |
| Profit (loss) carried forward | 14 | -€4,782 | -€3,145 | +€1,637 | +34.2% |
| Amounts payable | 17/49 | €36,578 | €46,928 | +€10,350 | +28.3% |
| Amounts payable within one year | 42/48 | €36,578 | €46,928 | +€10,350 | +28.3% |
| Trade debts | 44 | €13,426 | €26,303 | +€12,877 | +95.9% |
| Suppliers | 440/4 | €13,426 | €26,303 | +€12,877 | +95.9% |
| Taxes, remuneration and social security | 45 | €19,390 | €17,261 | -€2,129 | -11.0% |
| Taxes | 450/3 | €1,327 | €1,945 | +€618 | +46.5% |
| Remuneration and social security | 454/9 | €18,063 | €15,316 | -€2,747 | -15.2% |
| Other amounts payable | 47/48 | €3,762 | €3,364 | -€398 | -10.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €118,587 | €68,227 | -€50,361 | -42.5% |
| Remuneration, social security and pensions | 62 | €69,064 | €57,737 | -€11,327 | -16.4% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | €73,149 | €60,557 | -€12,592 | -17.2% |
| Operating profit (loss) | 9901 | €3,700 | €2,432 | -€1,268 | -34.3% |
| Financial charges | 65/66B | €95 | €135 | +€40 | +41.7% |
| Recurring financial charges | 65 | €95 | €135 | +€40 | +41.7% |
| Profit (loss) for the period before taxes | 9903 | €3,605 | €2,298 | -€1,308 | -36.3% |
| Income taxes | 67/77 | €865 | €574 | -€291 | -33.6% |
| Profit (loss) for the period | 9904 | €2,740 | €1,723 | -€1,017 | -37.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,740 | €1,723 | -€1,017 | -37.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.