FRIESMO: what changed
FRIESMO
Largest movements
- Receivables within one year +€25,000
up €25,000, from €0 to €25,000
of which Other amounts receivable: +€25,000
- Cash -€21,946
down €21,946 (-74.3%), from €29,530 to €7,584
mainly Net result for the year (-€36,392) and Receivables within one year (-€25,000)
- Deferred charges and accrued income +€6,230
new in 2024: €6,230
- Tangible fixed assets -€2,483
down €2,483 (-10.4%), from €23,876 to €21,393
of which Furniture and vehicles: -€18,354
- Other debts +€44,663
up €44,663 (+3,069%), from €1,455 to €46,118
- Profit (loss) carried forward -€36,392
down €36,392, from €0 to -€36,392
- Tax, wage and social debts -€3,236
down €3,236 (-38.3%), from €8,451 to €5,216
- Trade debts +€1,436
up €1,436 (+22.7%), from €6,326 to €7,761
- Gross operating margin -€93,226
down €93,226, from €68,440 to -€24,785
- Depreciation -€11,084
down €11,084 (-56.8%), from €19,498 to €8,414
- Taxes -€10,016
down €10,016 (-100%), from €10,016 to €0
- Other operating charges +€1,288
up €1,288 (+141%), from €912 to €2,201
- Financial charges +€942
up €942 (+1,889%), from €50 to €992
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €53,406 | €60,206 | +€6,801 | +12.7% |
| Fixed assets | 21/28 | €23,876 | €21,393 | -€2,483 | -10.4% |
| Tangible fixed assets | 22/27 | €23,876 | €21,393 | -€2,483 | -10.4% |
| Furniture and vehicles | 24 | €23,876 | €5,522 | -€18,354 | -76.9% |
| Other tangible fixed assets | 26 | - | €15,871 | +€15,871 | |
| Current assets | 29/58 | €29,530 | €38,814 | +€9,284 | +31.4% |
| Amounts receivable within one year | 40/41 | €0 | €25,000 | +€25,000 | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | €25,000 | +€25,000 | |
| Cash at bank and in hand | 54/58 | €29,530 | €7,584 | -€21,946 | -74.3% |
| Deferred charges and accrued income | 490/1 | - | €6,230 | +€6,230 | |
| Total equity and liabilities | 10/49 | €53,406 | €60,206 | +€6,801 | +12.7% |
| Equity | 10/15 | €37,173 | €781 | -€36,392 | -97.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €27,173 | €27,173 | = | 0.0% |
| Distributable reserves | 133 | €27,173 | €27,173 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€36,392 | -€36,392 | |
| Amounts payable | 17/49 | €16,232 | €59,425 | +€43,193 | +266% |
| Amounts payable within one year | 42/48 | €16,232 | €59,095 | +€42,863 | +264% |
| Trade debts | 44 | €6,326 | €7,761 | +€1,436 | +22.7% |
| Suppliers | 440/4 | €6,326 | €7,761 | +€1,436 | +22.7% |
| Taxes, remuneration and social security | 45 | €8,451 | €5,216 | -€3,236 | -38.3% |
| Taxes | 450/3 | €8,451 | €5,216 | -€3,236 | -38.3% |
| Other amounts payable | 47/48 | €1,455 | €46,118 | +€44,663 | +3,069% |
| Accrued charges and deferred income | 492/3 | - | €331 | +€331 | |
| Non-recurring operating income | 76A | - | €3,418 | +€3,418 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,498 | €8,414 | -€11,084 | -56.8% |
| Other operating charges | 640/8 | €912 | €2,201 | +€1,288 | +141% |
| Gross operating margin | 9900 | €68,440 | -€24,785 | -€93,226 | |
| Operating profit (loss) | 9901 | €48,029 | -€35,400 | -€83,429 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €50 | €992 | +€942 | +1,889% |
| Recurring financial charges | 65 | €50 | €992 | +€942 | +1,889% |
| Profit (loss) for the period before taxes | 9903 | €47,979 | -€36,392 | -€84,372 | |
| Income taxes | 67/77 | €10,016 | €0 | -€10,016 | -100% |
| Profit (loss) for the period | 9904 | €37,963 | -€36,392 | -€74,355 | |
| Profit (loss) for the period to be appropriated | 9905 | €37,963 | -€36,392 | -€74,355 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.