Friethuis De Pitstop: 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.
Friethuis De Pitstop
Largest movements
- Tangible fixed assets -€20,472
down €20,472 (-13.9%), from €147,726 to €127,254
of which Leasing and similar rights: -€11,124
- Receivables within one year +€17,245
up €17,245 (+41.2%), from €41,904 to €59,149
- Cash +€13,475
up €13,475 (+173%), from €7,774 to €21,249
mainly Depreciation (+€24,634) and Net result for the year (+€17,996)
- Reserves +€95,512
up €95,512 (+191,023%), from €50 to €95,562
of which Distributable reserves: +€95,512
- Profit (loss) carried forward -€77,515
down €77,515 (-100%), from €77,515 to €0
- Debts after one year -€13,486
down €13,486 (-15.8%), from €85,338 to €71,853
- Tax, wage and social debts +€13,328
up €13,328 (+161%), from €8,261 to €21,589
- Current portion of long-term debt -€3,803
down €3,803 (-22.0%), from €17,289 to €13,486
- Taxes +€9,932
up €9,932 (+173%), from €5,751 to €15,683
- Gross operating margin +€7,855
up €7,855 (+13.2%), from €59,713 to €67,568
- Financial income +€2,492
up €2,492 (+3,303%), from €75 to €2,568
- Financial charges -€1,752
down €1,752 (-16.3%), from €10,752 to €9,001
- Other operating charges -€1,040
down €1,040 (-26.9%), from €3,863 to €2,822
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 | €200,126 | €210,792 | +€10,666 | +5.3% |
| Fixed assets | 21/28 | €147,992 | €127,520 | -€20,472 | -13.8% |
| Tangible fixed assets | 22/27 | €147,726 | €127,254 | -€20,472 | -13.9% |
| Land and buildings | 22 | €114,405 | €105,255 | -€9,149 | -8.0% |
| Plant, machinery and equipment | 23 | €6,957 | €8,763 | +€1,806 | +26.0% |
| Furniture and vehicles | 24 | €6,188 | €4,184 | -€2,005 | -32.4% |
| Leasing and similar rights | 25 | €20,176 | €9,052 | -€11,124 | -55.1% |
| Financial fixed assets | 28 | €266 | €266 | = | 0.0% |
| Current assets | 29/58 | €52,134 | €83,272 | +€31,138 | +59.7% |
| Stocks and contracts in progress | 3 | €2,456 | €2,354 | -€102 | -4.2% |
| Stocks | 30/36 | €2,456 | €2,354 | -€102 | -4.2% |
| Amounts receivable within one year | 40/41 | €41,904 | €59,149 | +€17,245 | +41.2% |
| Other amounts receivable | 41 | €41,904 | €59,149 | +€17,245 | +41.2% |
| Cash at bank and in hand | 54/58 | €7,774 | €21,249 | +€13,475 | +173% |
| Deferred charges and accrued income | 490/1 | - | €520 | +€520 | |
| Total equity and liabilities | 10/49 | €200,126 | €210,792 | +€10,666 | +5.3% |
| Equity | 10/15 | €78,065 | €96,062 | +€17,996 | +23.1% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €50 | €95,562 | +€95,512 | +191,023% |
| Non-distributable reserves | 130/1 | €50 | €50 | = | 0.0% |
| Reserves not available under the articles | 1311 | €50 | €50 | = | 0.0% |
| Distributable reserves | 133 | - | €95,512 | +€95,512 | |
| Profit (loss) carried forward | 14 | €77,515 | €0 | -€77,515 | -100% |
| Amounts payable | 17/49 | €122,061 | €114,731 | -€7,331 | -6.0% |
| Amounts payable after more than one year | 17 | €85,338 | €71,853 | -€13,486 | -15.8% |
| Financial debts | 170/4 | €85,338 | €71,853 | -€13,486 | -15.8% |
| Amounts payable within one year | 42/48 | €36,723 | €42,878 | +€6,155 | +16.8% |
| Current portion of amounts payable after more than one year | 42 | €17,289 | €13,486 | -€3,803 | -22.0% |
| Trade debts | 44 | €11,173 | €7,803 | -€3,370 | -30.2% |
| Suppliers | 440/4 | €11,173 | €7,803 | -€3,370 | -30.2% |
| Taxes, remuneration and social security | 45 | €8,261 | €21,589 | +€13,328 | +161% |
| Taxes | 450/3 | €8,261 | €21,589 | +€13,328 | +161% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,208 | €24,634 | +€426 | +1.8% |
| Other operating charges | 640/8 | €3,863 | €2,822 | -€1,040 | -26.9% |
| Gross operating margin | 9900 | €59,713 | €67,568 | +€7,855 | +13.2% |
| Operating profit (loss) | 9901 | €31,643 | €40,112 | +€8,469 | +26.8% |
| Financial income | 75/76B | €75 | €2,568 | +€2,492 | +3,303% |
| Recurring financial income | 75 | €75 | €2,568 | +€2,492 | +3,303% |
| Financial charges | 65/66B | €10,752 | €9,001 | -€1,752 | -16.3% |
| Recurring financial charges | 65 | €10,752 | €9,001 | -€1,752 | -16.3% |
| Profit (loss) for the period before taxes | 9903 | €20,966 | €33,679 | +€12,713 | +60.6% |
| Income taxes | 67/77 | €5,751 | €15,683 | +€9,932 | +173% |
| Profit (loss) for the period | 9904 | €15,215 | €17,996 | +€2,781 | +18.3% |
| Profit (loss) for the period to be appropriated | 9905 | €15,215 | €17,996 | +€2,781 | +18.3% |
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 24 October 2026 via checked.be.