FRIGO ELECTRONICS: 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.
FRIGO ELECTRONICS
Largest movements
- Receivables within one year +€155,626
up €155,626 (+1020.7%), from €15,247 to €170,873
of which Other amounts receivable: +€156,310
- Receivables after one year -€137,114
no longer reported in 2025 (was €137,114)
- Profit (loss) carried forward +€16,831
up €16,831 (+53.1%), from -€31,696 to -€14,865
- Financial income +€25,023
new in 2025: €25,023
- Depreciation -€2,970
down €2,970 (-71.7%), from €4,143 to €1,173
- Gross operating margin -€1,362
down €1,362 (-30.1%), from -€4,527 to -€5,890
- Other operating charges -€431
down €431 (-37.0%), from €1,166 to €735
- Taxes -€306
down €306 (-90.8%), from €337 to €31
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 | €160,591 | €177,594 | +€17,003 | +10.6% |
| Fixed assets | 21/28 | €6,466 | €5,293 | -€1,173 | -18.1% |
| Tangible fixed assets | 22/27 | €6,466 | €5,293 | -€1,173 | -18.1% |
| Land and buildings | 22 | €4,445 | €3,783 | -€663 | -14.9% |
| Plant, machinery and equipment | 23 | €2,021 | €1,510 | -€511 | -25.3% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €154,125 | €172,301 | +€18,176 | +11.8% |
| Amounts receivable after more than one year | 29 | €137,114 | - | -€137,114 | |
| Other amounts receivable | 291 | €137,114 | - | -€137,114 | |
| Stocks and contracts in progress | 3 | €1,154 | €1,214 | +€60 | +5.2% |
| Stocks | 30/36 | €1,154 | €1,214 | +€60 | +5.2% |
| Amounts receivable within one year | 40/41 | €15,247 | €170,873 | +€155,626 | +1020.7% |
| Trade receivables | 40 | €14,227 | €13,543 | -€684 | -4.8% |
| Other amounts receivable | 41 | €1,020 | €157,330 | +€156,310 | +15324.4% |
| Cash at bank and in hand | 54/58 | €610 | €213 | -€397 | -65.0% |
| Total equity and liabilities | 10/49 | €160,591 | €177,594 | +€17,003 | +10.6% |
| Equity | 10/15 | €158,764 | €175,595 | +€16,831 | +10.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €171,860 | €171,860 | = | 0.0% |
| Distributable reserves | 133 | €171,860 | €171,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,696 | -€14,865 | +€16,831 | +53.1% |
| Amounts payable | 17/49 | €1,827 | €1,999 | +€172 | +9.4% |
| Amounts payable within one year | 42/48 | €1,416 | €1,471 | +€55 | +3.9% |
| Trade debts | 44 | €821 | €1,103 | +€283 | +34.4% |
| Suppliers | 440/4 | €821 | €1,103 | +€283 | +34.4% |
| Taxes, remuneration and social security | 45 | €596 | €368 | -€228 | -38.3% |
| Taxes | 450/3 | €596 | €368 | -€228 | -38.3% |
| Accrued charges and deferred income | 492/3 | €411 | €528 | +€117 | +28.5% |
| Non-recurring operating income | 76A | - | €1,500 | +€1,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,143 | €1,173 | -€2,970 | -71.7% |
| Other operating charges | 640/8 | €1,166 | €735 | -€431 | -37.0% |
| Gross operating margin | 9900 | -€4,527 | -€5,890 | -€1,362 | -30.1% |
| Operating profit (loss) | 9901 | -€9,836 | -€7,798 | +€2,039 | +20.7% |
| Financial income | 75/76B | - | €25,023 | +€25,023 | |
| Recurring financial income | 75 | - | €25,023 | +€25,023 | |
| Financial charges | 65/66B | €246 | €363 | +€117 | +47.6% |
| Recurring financial charges | 65 | €246 | €363 | +€117 | +47.6% |
| Profit (loss) for the period before taxes | 9903 | -€10,083 | €16,862 | +€26,944 | |
| Income taxes | 67/77 | €337 | €31 | -€306 | -90.8% |
| Profit (loss) for the period | 9904 | -€10,419 | €16,831 | +€27,250 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,419 | €16,831 | +€27,250 |
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 5 October 2026 via checked.be.