FRIGEPOLE: 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.
FRIGEPOLE
Largest movements
- Stocks and contracts -€4,710
down €4,710 (-61.2%), from €7,698 to €2,988
- Receivables within one year +€1,612
up €1,612 (+2.2%), from €74,692 to €76,303
of which Other amounts receivable: +€6,416
- Profit (loss) carried forward -€16,043
down €16,043 (-22.5%), from €71,197 to €55,154
- Trade debts +€15,763
up €15,763 (+1703.9%), from €925 to €16,688
- Short-term financial debts -€2,825
down €2,825 (-20.2%), from €13,967 to €11,142
- Gross operating margin -€15,236
down €15,236, from €4,935 to -€10,301
- Financial charges +€823
up €823 (+25.3%), from €3,256 to €4,079
- Other operating charges -€461
down €461 (-23.8%), from €1,937 to €1,476
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 | €96,709 | €93,604 | -€3,106 | -3.2% |
| Fixed assets | 21/28 | €13,812 | €13,932 | +€121 | +0.9% |
| Tangible fixed assets | 22/27 | €13,812 | €13,932 | +€121 | +0.9% |
| Land and buildings | 22 | €13,720 | €13,720 | = | 0.0% |
| Plant, machinery and equipment | 23 | €91 | - | -€91 | |
| Furniture and vehicles | 24 | - | €212 | +€212 | |
| Current assets | 29/58 | €82,898 | €79,671 | -€3,226 | -3.9% |
| Stocks and contracts in progress | 3 | €7,698 | €2,988 | -€4,710 | -61.2% |
| Stocks | 30/36 | €7,698 | €2,988 | -€4,710 | -61.2% |
| Amounts receivable within one year | 40/41 | €74,692 | €76,303 | +€1,612 | +2.2% |
| Trade receivables | 40 | €26,442 | €21,638 | -€4,804 | -18.2% |
| Other amounts receivable | 41 | €48,250 | €54,665 | +€6,416 | +13.3% |
| Cash at bank and in hand | 54/58 | €508 | €380 | -€128 | -25.2% |
| Total equity and liabilities | 10/49 | €96,709 | €93,604 | -€3,106 | -3.2% |
| Equity | 10/15 | €81,317 | €65,274 | -€16,043 | -19.7% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €3,923 | €3,923 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,064 | €2,064 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €71,197 | €55,154 | -€16,043 | -22.5% |
| Amounts payable | 17/49 | €15,392 | €28,330 | +€12,937 | +84.1% |
| Amounts payable within one year | 42/48 | €14,892 | €27,830 | +€12,937 | +86.9% |
| Financial debts | 43 | €13,967 | €11,142 | -€2,825 | -20.2% |
| Credit institutions | 430/8 | €13,967 | €11,142 | -€2,825 | -20.2% |
| Trade debts | 44 | €925 | €16,688 | +€15,763 | +1703.9% |
| Suppliers | 440/4 | €925 | €16,688 | +€15,763 | +1703.9% |
| Accrued charges and deferred income | 492/3 | €500 | €500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €207 | €193 | -€14 | -6.9% |
| Other operating charges | 640/8 | €1,937 | €1,476 | -€461 | -23.8% |
| Gross operating margin | 9900 | €4,935 | -€10,301 | -€15,236 | |
| Operating profit (loss) | 9901 | €2,792 | -€11,969 | -€14,762 | |
| Financial income | 75/76B | - | €6 | +€6 | |
| Recurring financial income | 75 | - | €6 | +€6 | |
| Non-recurring financial income | 76B | - | €6 | +€6 | |
| Financial charges | 65/66B | €3,256 | €4,079 | +€823 | +25.3% |
| Recurring financial charges | 65 | €3,256 | €4,079 | +€823 | +25.3% |
| Profit (loss) for the period before taxes | 9903 | -€464 | -€16,043 | -€15,579 | -3358.6% |
| Profit (loss) for the period | 9904 | -€464 | -€16,043 | -€15,579 | -3358.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€464 | -€16,043 | -€15,579 | -3358.6% |
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 3 October 2026 via checked.be.