Frigo-Techniek: 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-Techniek
Largest movements
- Tangible fixed assets +€408,961
up €408,961 (+60.9%), from €672,025 to €1.1m
of which Land and buildings: +€449,324
- Receivables within one year -€34,739
down €34,739 (-30.3%), from €114,509 to €79,770
of which Other amounts receivable: -€18,291
- Stocks and contracts +€31,709
up €31,709 (+192%), from €16,537 to €48,246
- Cash +€26,270
up €26,270 (+10.3%), from €256,086 to €282,356
mainly Debts after one year (+€281,672) and Net result for the year (+€127,591)
- Debts after one year +€281,672
up €281,672 (+532%), from €52,959 to €334,632
- Reserves +€127,591
up €127,591 (+13.8%), from €922,281 to €1.0m
- Current portion of long-term debt +€33,661
up €33,661 (+196%), from €17,167 to €50,828
- Gross operating margin +€71,758
up €71,758 (+17.3%), from €413,999 to €485,758
- Taxes +€18,172
up €18,172 (+66.6%), from €27,299 to €45,471
- Staff costs -€13,711
down €13,711 (-5.8%), from €237,016 to €223,306
- Financial charges +€5,065
up €5,065 (+72.3%), from €7,003 to €12,068
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 | €1,083,011 | €1,520,719 | +€437,708 | +40.4% |
| Fixed assets | 21/28 | €675,507 | €1,085,969 | +€410,461 | +60.8% |
| Tangible fixed assets | 22/27 | €672,025 | €1,080,986 | +€408,961 | +60.9% |
| Land and buildings | 22 | €481,266 | €930,590 | +€449,324 | +93.4% |
| Plant, machinery and equipment | 23 | €29,753 | €23,693 | -€6,060 | -20.4% |
| Furniture and vehicles | 24 | €142,640 | €113,058 | -€29,581 | -20.7% |
| Other tangible fixed assets | 26 | €18,367 | €13,644 | -€4,722 | -25.7% |
| Financial fixed assets | 28 | €3,482 | €4,982 | +€1,500 | +43.1% |
| Current assets | 29/58 | €407,504 | €434,751 | +€27,247 | +6.7% |
| Amounts receivable after more than one year | 29 | €9,921 | €12,376 | +€2,455 | +24.7% |
| Other amounts receivable | 291 | €9,921 | €12,376 | +€2,455 | +24.7% |
| Stocks and contracts in progress | 3 | €16,537 | €48,246 | +€31,709 | +192% |
| Stocks | 30/36 | €16,537 | €48,246 | +€31,709 | +192% |
| Amounts receivable within one year | 40/41 | €114,509 | €79,770 | -€34,739 | -30.3% |
| Trade receivables | 40 | €65,717 | €49,269 | -€16,448 | -25.0% |
| Other amounts receivable | 41 | €48,792 | €30,501 | -€18,291 | -37.5% |
| Cash at bank and in hand | 54/58 | €256,086 | €282,356 | +€26,270 | +10.3% |
| Deferred charges and accrued income | 490/1 | €10,451 | €12,003 | +€1,552 | +14.8% |
| Total equity and liabilities | 10/49 | €1,083,011 | €1,520,719 | +€437,708 | +40.4% |
| Equity | 10/15 | €940,873 | €1,068,464 | +€127,591 | +13.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €922,281 | €1,049,872 | +€127,591 | +13.8% |
| Distributable reserves | 133 | €922,281 | €1,049,872 | +€127,591 | +13.8% |
| Amounts payable | 17/49 | €142,138 | €452,255 | +€310,117 | +218% |
| Amounts payable after more than one year | 17 | €52,959 | €334,632 | +€281,672 | +532% |
| Financial debts | 170/4 | €52,959 | €334,632 | +€281,672 | +532% |
| Amounts payable within one year | 42/48 | €89,179 | €117,623 | +€28,445 | +31.9% |
| Current portion of amounts payable after more than one year | 42 | €17,167 | €50,828 | +€33,661 | +196% |
| Trade debts | 44 | €36,340 | €33,737 | -€2,603 | -7.2% |
| Suppliers | 440/4 | €36,340 | €33,737 | -€2,603 | -7.2% |
| Advances received on contracts in progress | 46 | €15,705 | €8,292 | -€7,413 | -47.2% |
| Taxes, remuneration and social security | 45 | €19,967 | €24,766 | +€4,799 | +24.0% |
| Taxes | 450/3 | - | €8,746 | +€8,746 | |
| Remuneration and social security | 454/9 | €19,967 | €16,020 | -€3,947 | -19.8% |
| Remuneration, social security and pensions | 62 | €237,016 | €223,306 | -€13,711 | -5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,269 | €74,782 | -€1,487 | -1.9% |
| Other operating charges | 640/8 | €3,902 | €7,293 | +€3,391 | +86.9% |
| Gross operating margin | 9900 | €413,999 | €485,758 | +€71,758 | +17.3% |
| Operating profit (loss) | 9901 | €96,812 | €180,377 | +€83,565 | +86.3% |
| Financial income | 75/76B | €4,019 | €4,753 | +€734 | +18.3% |
| Recurring financial income | 75 | €4,019 | €4,753 | +€734 | +18.3% |
| Financial charges | 65/66B | €7,003 | €12,068 | +€5,065 | +72.3% |
| Recurring financial charges | 65 | €7,003 | €12,068 | +€5,065 | +72.3% |
| Profit (loss) for the period before taxes | 9903 | €93,828 | €173,062 | +€79,234 | +84.4% |
| Income taxes | 67/77 | €27,299 | €45,471 | +€18,172 | +66.6% |
| Profit (loss) for the period | 9904 | €66,529 | €127,591 | +€61,062 | +91.8% |
| Profit (loss) for the period to be appropriated | 9905 | €66,529 | €127,591 | +€61,062 | +91.8% |
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 22 October 2026 via checked.be.