FRIGGA: 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.
FRIGGA
Largest movements
- Current investments -€100,000
no longer reported in 2025 (was €100,000)
- Deferred charges and accrued income +€58,641
new in 2025: €58,641
- Cash +€44,669
up €44,669 (+94.5%), from €47,276 to €91,945
mainly Current investments (+€100,000) and Net result for the year (+€78,241)
- Receivables within one year -€3,403
down €3,403 (-47.5%), from €7,160 to €3,757
of which Trade receivables: -€2,359
- Reserves -€105,520
down €105,520 (-71.4%), from €147,890 to €42,370
- Other debts +€67,400
new in 2025: €67,400
- Tax, wage and social debts +€39,470
new in 2025: €39,470
- Trade debts -€2,063
down €2,063 (-38.0%), from €5,429 to €3,365
- Gross operating margin +€17,990
up €17,990 (+20.8%), from €86,434 to €104,424
- Taxes +€10,921
up €10,921 (+61.6%), from €17,743 to €28,664
- Financial income +€3,145
up €3,145 (+524088.3%), from €1 to €3,145
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 | €156,319 | €155,606 | -€713 | -0.5% |
| Fixed assets | 21/28 | €1,883 | €1,263 | -€619 | -32.9% |
| Tangible fixed assets | 22/27 | €1,883 | €1,263 | -€619 | -32.9% |
| Plant, machinery and equipment | 23 | €1,883 | €1,263 | -€619 | -32.9% |
| Current assets | 29/58 | €154,436 | €154,343 | -€93 | -0.1% |
| Amounts receivable within one year | 40/41 | €7,160 | €3,757 | -€3,403 | -47.5% |
| Trade receivables | 40 | €2,359 | - | -€2,359 | |
| Other amounts receivable | 41 | €4,801 | €3,757 | -€1,044 | -21.7% |
| Current investments | 50/53 | €100,000 | - | -€100,000 | |
| Cash at bank and in hand | 54/58 | €47,276 | €91,945 | +€44,669 | +94.5% |
| Deferred charges and accrued income | 490/1 | - | €58,641 | +€58,641 | |
| Total equity and liabilities | 10/49 | €156,319 | €155,606 | -€713 | -0.5% |
| Equity | 10/15 | €150,890 | €45,370 | -€105,520 | -69.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €147,890 | €42,370 | -€105,520 | -71.4% |
| Distributable reserves | 133 | €147,890 | €42,370 | -€105,520 | -71.4% |
| Amounts payable | 17/49 | €5,429 | €110,236 | +€104,807 | +1930.6% |
| Amounts payable within one year | 42/48 | €5,429 | €110,236 | +€104,807 | +1930.6% |
| Trade debts | 44 | €5,429 | €3,365 | -€2,063 | -38.0% |
| Suppliers | 440/4 | €5,429 | €3,365 | -€2,063 | -38.0% |
| Taxes, remuneration and social security | 45 | - | €39,470 | +€39,470 | |
| Taxes | 450/3 | - | €39,470 | +€39,470 | |
| Other amounts payable | 47/48 | - | €67,400 | +€67,400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €293 | €619 | +€327 | +111.7% |
| Gross operating margin | 9900 | €86,434 | €104,424 | +€17,990 | +20.8% |
| Operating profit (loss) | 9901 | €86,142 | €103,805 | +€17,663 | +20.5% |
| Financial income | 75/76B | €1 | €3,145 | +€3,145 | +524088.3% |
| Recurring financial income | 75 | €1 | €3,145 | +€3,145 | +524088.3% |
| Financial charges | 65/66B | €44 | €45 | +€1 | +3.4% |
| Recurring financial charges | 65 | €44 | €45 | +€1 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | €86,099 | €106,905 | +€20,806 | +24.2% |
| Income taxes | 67/77 | €17,743 | €28,664 | +€10,921 | +61.6% |
| Profit (loss) for the period | 9904 | €68,356 | €78,241 | +€9,885 | +14.5% |
| Profit (loss) for the period to be appropriated | 9905 | €68,356 | €78,241 | +€9,885 | +14.5% |
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 10 October 2026 via checked.be.