FRIENDS 1380: 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.
FRIENDS 1380
Largest movements
- Receivables within one year +€9,425
up €9,425 (+1,454%), from €648 to €10,073
of which Trade receivables: +€4,840
- Cash +€2,120
up €2,120 (+53,000%), from €4 to €2,124
mainly Net result for the year (+€7,251) and Tax, wage and social debts (+€3,442)
- Profit (loss) carried forward +€7,251
up €7,251 (+22.7%), from -€32,002 to -€24,751
- Tax, wage and social debts +€3,442
up €3,442 (+220%), from €1,565 to €5,007
- Other debts +€621
new in 2025: €621
- Trade debts +€609
up €609 (+125%), from €487 to €1,096
- Accrued charges and deferred income -€378
down €378 (-65.4%), from €578 to €200
- Gross operating margin +€5,414
up €5,414 (+142%), from €3,825 to €9,239
- Other operating charges -€1,680
down €1,680 (-81.0%), from €2,074 to €394
- Taxes +€1,483
new in 2025: €1,483
- Financial charges -€330
down €330 (-74.7%), from €442 to €112
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 | €1,652 | €13,197 | +€11,545 | +699% |
| Formation expenses | 20 | €0 | - | = | |
| Current assets | 29/58 | €1,652 | €13,197 | +€11,545 | +699% |
| Stocks and contracts in progress | 3 | €1,000 | €1,000 | = | 0.0% |
| Stocks | 30/36 | - | €1,000 | +€1,000 | |
| Contracts in progress | 37 | €1,000 | - | -€1,000 | |
| Amounts receivable within one year | 40/41 | €648 | €10,073 | +€9,425 | +1,454% |
| Trade receivables | 40 | - | €4,840 | +€4,840 | |
| Other amounts receivable | 41 | €648 | €5,233 | +€4,585 | +708% |
| Cash at bank and in hand | 54/58 | €4 | €2,124 | +€2,120 | +53,000% |
| Total equity and liabilities | 10/49 | €1,652 | €13,197 | +€11,545 | +699% |
| Equity | 10/15 | -€978 | €6,273 | +€7,251 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €12,424 | €12,424 | = | 0.0% |
| Distributable reserves | 133 | €12,424 | €12,424 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€32,002 | -€24,751 | +€7,251 | +22.7% |
| Amounts payable | 17/49 | €2,630 | €6,924 | +€4,294 | +163% |
| Amounts payable within one year | 42/48 | €2,052 | €6,724 | +€4,672 | +228% |
| Trade debts | 44 | €487 | €1,096 | +€609 | +125% |
| Suppliers | 440/4 | €487 | €1,096 | +€609 | +125% |
| Taxes, remuneration and social security | 45 | €1,565 | €5,007 | +€3,442 | +220% |
| Taxes | 450/3 | €1,565 | €5,007 | +€3,442 | +220% |
| Other amounts payable | 47/48 | - | €621 | +€621 | |
| Accrued charges and deferred income | 492/3 | €578 | €200 | -€378 | -65.4% |
| Other operating charges | 640/8 | €2,074 | €394 | -€1,680 | -81.0% |
| Gross operating margin | 9900 | €3,825 | €9,239 | +€5,414 | +142% |
| Operating profit (loss) | 9901 | €1,751 | €8,845 | +€7,094 | +405% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €442 | €112 | -€330 | -74.7% |
| Recurring financial charges | 65 | €442 | €112 | -€330 | -74.7% |
| Profit (loss) for the period before taxes | 9903 | €1,309 | €8,734 | +€7,425 | +567% |
| Income taxes | 67/77 | - | €1,483 | +€1,483 | |
| Profit (loss) for the period | 9904 | €1,309 | €7,251 | +€5,942 | +454% |
| Profit (loss) for the period to be appropriated | 9905 | €1,309 | €7,251 | +€5,942 | +454% |
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 21 October 2026 via checked.be.