FRIGO-ELEK: 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.
FRIGO-ELEK
Largest movements
- Receivables within one year -€630,237
down €630,237 (-83.7%), from €753,114 to €122,877
of which Other amounts receivable: -€632,135
- Stocks and contracts +€15,831
new in 2025: €15,831
- Tangible fixed assets -€15,667
down €15,667 (-42.6%), from €36,762 to €21,095
of which Furniture and vehicles: -€15,357
- Other debts -€524,126
down €524,126 (-87.4%), from €600,000 to €75,874
- Tax, wage and social debts -€75,084
down €75,084 (-96.9%), from €77,451 to €2,367
- Trade debts -€26,633
down €26,633 (-39.1%), from €68,082 to €41,449
- Financial charges +€29,311
up €29,311, from -€24,012 to €5,299
- Taxes -€13,602
down €13,602 (-85.2%), from €15,969 to €2,367
- Gross operating margin -€12,589
down €12,589 (-37.6%), from €33,477 to €20,888
- Financial income -€9,958
down €9,958 (-51.8%), from €19,207 to €9,249
- Depreciation -€1,105
down €1,105 (-6.6%), from €16,773 to €15,667
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 | €790,252 | €162,914 | -€627,338 | -79.4% |
| Fixed assets | 21/28 | €37,137 | €21,095 | -€16,042 | -43.2% |
| Tangible fixed assets | 22/27 | €36,762 | €21,095 | -€15,667 | -42.6% |
| Land and buildings | 22 | €310 | - | -€310 | |
| Furniture and vehicles | 24 | €36,452 | €21,095 | -€15,357 | -42.1% |
| Financial fixed assets | 28 | €375 | - | -€375 | |
| Current assets | 29/58 | €753,114 | €141,819 | -€611,295 | -81.2% |
| Stocks and contracts in progress | 3 | - | €15,831 | +€15,831 | |
| Stocks | 30/36 | - | €15,831 | +€15,831 | |
| Amounts receivable within one year | 40/41 | €753,114 | €122,877 | -€630,237 | -83.7% |
| Trade receivables | 40 | €19,509 | €21,407 | +€1,899 | +9.7% |
| Other amounts receivable | 41 | €733,605 | €101,470 | -€632,135 | -86.2% |
| Cash at bank and in hand | 54/58 | - | €3,111 | +€3,111 | |
| Total equity and liabilities | 10/49 | €790,252 | €162,914 | -€627,338 | -79.4% |
| Equity | 10/15 | €37,668 | €43,224 | +€5,556 | +14.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €19,076 | €24,632 | +€5,556 | +29.1% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €17,217 | €22,773 | +€5,556 | +32.3% |
| Amounts payable | 17/49 | €752,584 | €119,690 | -€632,894 | -84.1% |
| Amounts payable within one year | 42/48 | €752,584 | €119,690 | -€632,894 | -84.1% |
| Financial debts | 43 | €7,051 | - | -€7,051 | |
| Credit institutions | 430/8 | €7,051 | - | -€7,051 | |
| Trade debts | 44 | €68,082 | €41,449 | -€26,633 | -39.1% |
| Suppliers | 440/4 | €68,082 | €41,449 | -€26,633 | -39.1% |
| Taxes, remuneration and social security | 45 | €77,451 | €2,367 | -€75,084 | -96.9% |
| Taxes | 450/3 | €77,451 | €2,367 | -€75,084 | -96.9% |
| Other amounts payable | 47/48 | €600,000 | €75,874 | -€524,126 | -87.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,773 | €15,667 | -€1,105 | -6.6% |
| Other operating charges | 640/8 | €1,303 | €1,247 | -€55 | -4.2% |
| Gross operating margin | 9900 | €33,477 | €20,888 | -€12,589 | -37.6% |
| Operating profit (loss) | 9901 | €15,402 | €3,973 | -€11,428 | -74.2% |
| Financial income | 75/76B | €19,207 | €9,249 | -€9,958 | -51.8% |
| Recurring financial income | 75 | €19,207 | €9,249 | -€9,958 | -51.8% |
| Financial charges | 65/66B | -€24,012 | €5,299 | +€29,311 | |
| Recurring financial charges | 65 | -€24,012 | €5,299 | +€29,311 | |
| Profit (loss) for the period before taxes | 9903 | €58,620 | €7,923 | -€50,697 | -86.5% |
| Income taxes | 67/77 | €15,969 | €2,367 | -€13,602 | -85.2% |
| Profit (loss) for the period | 9904 | €42,651 | €5,556 | -€37,095 | -87.0% |
| Profit (loss) for the period to be appropriated | 9905 | €42,651 | €5,556 | -€37,095 | -87.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.