FRIENDS: what changed
Two fiscal 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.
FRIENDS
Largest movements
- Receivables within one year -€4,630
down €4,630 (-76.3%), from €6,070 to €1,441
- Cash -€1,193
down €1,193 (-28.0%), from €4,258 to €3,065
mainly Net result for the year (-€8,683) and Other debts (-€328)
- Profit (loss) carried forward -€8,683
down €8,683 (-24.5%), from -€35,403 to -€44,086
- Trade debts +€3,188
up €3,188 (+30.7%), from €10,393 to €13,581
- Other debts -€328
down €328 (-2.0%), from €16,366 to €16,038
- Turnover -€199,022
no longer reported in 2025 (was €199,022)
- Purchases and services -€198,808
no longer reported in 2025 (was €198,808)
- Gross operating margin -€7,239
down €7,239, from €214 to -€7,026
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 | €16,495 | €10,672 | -€5,823 | -35.3% |
| Current assets | 29/58 | €16,495 | €10,672 | -€5,823 | -35.3% |
| Stocks and contracts in progress | 3 | €6,166 | €6,166 | = | 0.0% |
| Stocks | 30/36 | €6,166 | €6,166 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €6,070 | €1,441 | -€4,630 | -76.3% |
| Other amounts receivable | 41 | €6,070 | €1,441 | -€4,630 | -76.3% |
| Cash at bank and in hand | 54/58 | €4,258 | €3,065 | -€1,193 | -28.0% |
| Total equity and liabilities | 10/49 | €16,495 | €10,672 | -€5,823 | -35.3% |
| Equity | 10/15 | -€10,264 | -€18,947 | -€8,683 | -84.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €6,539 | €6,539 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €4,679 | €4,679 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,403 | -€44,086 | -€8,683 | -24.5% |
| Amounts payable | 17/49 | €26,759 | €29,619 | +€2,860 | +10.7% |
| Amounts payable within one year | 42/48 | €26,759 | €29,619 | +€2,860 | +10.7% |
| Trade debts | 44 | €10,393 | €13,581 | +€3,188 | +30.7% |
| Suppliers | 440/4 | €10,393 | €13,581 | +€3,188 | +30.7% |
| Other amounts payable | 47/48 | €16,366 | €16,038 | -€328 | -2.0% |
| Turnover | 70 | €199,022 | - | -€199,022 | |
| Goods, raw materials, services and sundry goods | 60/61 | €198,808 | - | -€198,808 | |
| Other operating charges | 640/8 | €151 | €1,489 | +€1,338 | +887.1% |
| Gross operating margin | 9900 | €214 | -€7,026 | -€7,239 | |
| Operating profit (loss) | 9901 | €63 | -€8,514 | -€8,577 | |
| Financial charges | 65/66B | €137 | €169 | +€32 | +23.3% |
| Recurring financial charges | 65 | €137 | €169 | +€32 | +23.3% |
| Profit (loss) for the period before taxes | 9903 | -€74 | -€8,683 | -€8,609 | -11652.8% |
| Income taxes | 67/77 | €847 | - | -€847 | |
| Profit (loss) for the period | 9904 | -€921 | -€8,683 | -€7,762 | -842.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€921 | -€8,683 | -€7,762 | -842.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.