FRIETHUISJE: 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.
FRIETHUISJE
Largest movements
- Tangible fixed assets +€193,316
up €193,316 (+49.6%), from €390,076 to €583,392
of which Land and buildings: +€184,505
- Receivables within one year -€35,646
down €35,646 (-86.5%), from €41,221 to €5,574
of which Trade receivables: -€35,652
- Cash +€32,239
up €32,239 (+72.9%), from €44,219 to €76,459
mainly Debts after one year (+€133,726) and Depreciation (+€69,614)
- Stocks and contracts -€7,235
down €7,235 (-73.5%), from €9,838 to €2,603
- Debts after one year +€133,726
up €133,726 (+146%), from €91,774 to €225,500
- Reserves +€43,226
up €43,226 (+13.9%), from €311,522 to €354,748
- Gross operating margin +€39,061
up €39,061 (+35.7%), from €109,481 to €148,542
- Depreciation +€34,268
up €34,268 (+96.9%), from €35,346 to €69,614
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 | €486,240 | €672,735 | +€186,495 | +38.4% |
| Fixed assets | 21/28 | €390,211 | €583,777 | +€193,566 | +49.6% |
| Tangible fixed assets | 22/27 | €390,076 | €583,392 | +€193,316 | +49.6% |
| Land and buildings | 22 | €286,739 | €471,244 | +€184,505 | +64.3% |
| Plant, machinery and equipment | 23 | €26,048 | €36,985 | +€10,937 | +42.0% |
| Furniture and vehicles | 24 | €19,351 | €24,107 | +€4,756 | +24.6% |
| Other tangible fixed assets | 26 | €57,939 | €51,057 | -€6,882 | -11.9% |
| Financial fixed assets | 28 | €135 | €385 | +€250 | +185% |
| Current assets | 29/58 | €96,029 | €88,958 | -€7,070 | -7.4% |
| Stocks and contracts in progress | 3 | €9,838 | €2,603 | -€7,235 | -73.5% |
| Stocks | 30/36 | €9,838 | €2,603 | -€7,235 | -73.5% |
| Amounts receivable within one year | 40/41 | €41,221 | €5,574 | -€35,646 | -86.5% |
| Trade receivables | 40 | €41,169 | €5,517 | -€35,652 | -86.6% |
| Other amounts receivable | 41 | €52 | €57 | +€5 | +10.3% |
| Cash at bank and in hand | 54/58 | €44,219 | €76,459 | +€32,239 | +72.9% |
| Deferred charges and accrued income | 490/1 | €750 | €4,322 | +€3,572 | +476% |
| Total equity and liabilities | 10/49 | €486,240 | €672,735 | +€186,495 | +38.4% |
| Equity | 10/15 | €317,719 | €360,945 | +€43,226 | +13.6% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €311,522 | €354,748 | +€43,226 | +13.9% |
| Distributable reserves | 133 | €311,522 | €354,748 | +€43,226 | +13.9% |
| Amounts payable | 17/49 | €168,521 | €311,790 | +€143,270 | +85.0% |
| Amounts payable after more than one year | 17 | €91,774 | €225,500 | +€133,726 | +146% |
| Financial debts | 170/4 | €91,774 | €225,500 | +€133,726 | +146% |
| Amounts payable within one year | 42/48 | €76,747 | €86,290 | +€9,544 | +12.4% |
| Current portion of amounts payable after more than one year | 42 | €30,148 | €33,875 | +€3,726 | +12.4% |
| Financial debts | 43 | €236 | - | -€236 | |
| Credit institutions | 430/8 | €236 | - | -€236 | |
| Trade debts | 44 | €13,864 | €19,835 | +€5,971 | +43.1% |
| Suppliers | 440/4 | €13,864 | €19,835 | +€5,971 | +43.1% |
| Taxes, remuneration and social security | 45 | €26,717 | €27,825 | +€1,108 | +4.1% |
| Taxes | 450/3 | €26,717 | €23,525 | -€3,192 | -11.9% |
| Remuneration and social security | 454/9 | - | €4,300 | +€4,300 | |
| Other amounts payable | 47/48 | €5,782 | €4,756 | -€1,026 | -17.8% |
| Non-recurring operating income | 76A | €909 | €12,675 | +€11,766 | +1,294% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,346 | €69,614 | +€34,268 | +96.9% |
| Other operating charges | 640/8 | €5,779 | €7,048 | +€1,269 | +22.0% |
| Gross operating margin | 9900 | €109,481 | €148,542 | +€39,061 | +35.7% |
| Operating profit (loss) | 9901 | €68,357 | €71,881 | +€3,524 | +5.2% |
| Financial income | 75/76B | €269 | €64 | -€205 | -76.1% |
| Recurring financial income | 75 | €269 | €64 | -€205 | -76.1% |
| Financial charges | 65/66B | €9,789 | €10,245 | +€456 | +4.7% |
| Recurring financial charges | 65 | €9,789 | €10,245 | +€456 | +4.7% |
| Profit (loss) for the period before taxes | 9903 | €58,837 | €61,700 | +€2,862 | +4.9% |
| Income taxes | 67/77 | €19,249 | €18,474 | -€776 | -4.0% |
| Profit (loss) for the period | 9904 | €39,588 | €43,226 | +€3,638 | +9.2% |
| Profit (loss) for the period to be appropriated | 9905 | €39,588 | €43,226 | +€3,638 | +9.2% |
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 22 October 2026 via checked.be.