FRIGOMAR: 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.
FRIGOMAR
Largest movements
- Receivables within one year +€21,527
up €21,527 (+73.7%), from €29,196 to €50,723
of which Trade receivables: +€21,527
- Stocks and contracts -€7,000
down €7,000 (-8.8%), from €79,850 to €72,850
- Deferred charges and accrued income -€5,324
down €5,324 (-62.7%), from €8,490 to €3,166
- Tangible fixed assets -€4,964
down €4,964 (-11.1%), from €44,628 to €39,664
of which Plant, machinery and equipment: -€4,374
- Profit (loss) carried forward +€7,676
up €7,676 (+6.7%), from -€114,851 to -€107,176
- Other debts -€4,464
down €4,464 (-3.1%), from €144,058 to €139,593
- Trade debts +€3,739
up €3,739 (+35.0%), from €10,680 to €14,419
- Current portion of long-term debt -€2,900
down €2,900 (-100%), from €2,900 to €0
- Tax, wage and social debts +€2,012
up €2,012 (+128%), from €1,575 to €3,587
of which Remuneration and social security: +€1,734
- Gross operating margin +€61,787
up €61,787, from -€27,452 to €34,336
- Depreciation -€1,794
down €1,794 (-10.3%), from €17,376 to €15,581
- Financial charges +€1,514
up €1,514 (+179%), from €847 to €2,360
- Staff costs -€1,437
down €1,437 (-15.0%), from €9,556 to €8,118
- Financial income -€613
down €613 (-82.0%), from €747 to €134
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 | €168,313 | €172,549 | +€4,236 | +2.5% |
| Fixed assets | 21/28 | €44,628 | €39,664 | -€4,964 | -11.1% |
| Tangible fixed assets | 22/27 | €44,628 | €39,664 | -€4,964 | -11.1% |
| Plant, machinery and equipment | 23 | €25,264 | €20,890 | -€4,374 | -17.3% |
| Furniture and vehicles | 24 | €3,956 | €6,337 | +€2,382 | +60.2% |
| Other tangible fixed assets | 26 | €15,408 | €12,437 | -€2,971 | -19.3% |
| Current assets | 29/58 | €123,685 | €132,885 | +€9,200 | +7.4% |
| Stocks and contracts in progress | 3 | €79,850 | €72,850 | -€7,000 | -8.8% |
| Stocks | 30/36 | €79,850 | €72,850 | -€7,000 | -8.8% |
| Amounts receivable within one year | 40/41 | €29,196 | €50,723 | +€21,527 | +73.7% |
| Trade receivables | 40 | €28,546 | €50,073 | +€21,527 | +75.4% |
| Other amounts receivable | 41 | €650 | €650 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €6,148 | €6,146 | -€2 | 0.0% |
| Deferred charges and accrued income | 490/1 | €8,490 | €3,166 | -€5,324 | -62.7% |
| Total equity and liabilities | 10/49 | €168,313 | €172,549 | +€4,236 | +2.5% |
| Equity | 10/15 | €5,574 | €13,249 | +€7,676 | +138% |
| Contributions | 10/11 | €118,550 | €118,550 | = | 0.0% |
| Reserves | 13 | €1,875 | €1,875 | = | 0.0% |
| Distributable reserves | 133 | €1,875 | €1,875 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€114,851 | -€107,176 | +€7,676 | +6.7% |
| Amounts payable | 17/49 | €162,739 | €159,300 | -€3,439 | -2.1% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €159,483 | €157,871 | -€1,613 | -1.0% |
| Current portion of amounts payable after more than one year | 42 | €2,900 | €0 | -€2,900 | -100% |
| Trade debts | 44 | €10,680 | €14,419 | +€3,739 | +35.0% |
| Suppliers | 440/4 | €10,680 | €14,419 | +€3,739 | +35.0% |
| Advances received on contracts in progress | 46 | €272 | €272 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €1,575 | €3,587 | +€2,012 | +128% |
| Taxes | 450/3 | €761 | €1,039 | +€278 | +36.6% |
| Remuneration and social security | 454/9 | €814 | €2,548 | +€1,734 | +213% |
| Other amounts payable | 47/48 | €144,058 | €139,593 | -€4,464 | -3.1% |
| Accrued charges and deferred income | 492/3 | €3,256 | €1,429 | -€1,827 | -56.1% |
| Remuneration, social security and pensions | 62 | €9,556 | €8,118 | -€1,437 | -15.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,376 | €15,581 | -€1,794 | -10.3% |
| Other operating charges | 640/8 | €1,062 | €734 | -€328 | -30.9% |
| Gross operating margin | 9900 | -€27,452 | €34,336 | +€61,787 | |
| Operating profit (loss) | 9901 | -€55,445 | €9,902 | +€65,347 | |
| Financial income | 75/76B | €747 | €134 | -€613 | -82.0% |
| Recurring financial income | 75 | €747 | €134 | -€613 | -82.0% |
| Financial charges | 65/66B | €847 | €2,360 | +€1,514 | +179% |
| Recurring financial charges | 65 | €847 | €2,360 | +€1,514 | +179% |
| Profit (loss) for the period before taxes | 9903 | -€55,545 | €7,676 | +€63,221 | |
| Income taxes | 67/77 | €135 | €0 | -€135 | -100% |
| Profit (loss) for the period | 9904 | -€55,680 | €7,676 | +€63,356 | |
| Profit (loss) for the period to be appropriated | 9905 | -€55,680 | €7,676 | +€63,356 |
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 19 October 2026 via checked.be.