FRIGORIA: 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.
FRIGORIA
Largest movements
- Tangible fixed assets +€12,934
up €12,934 (+3.4%), from €378,710 to €391,645
- Deferred charges and accrued income +€7,852
new in 2025: €7,852
- Other debts +€43,186
up €43,186 (+22.8%), from €189,141 to €232,327
- Profit (loss) carried forward -€16,212
down €16,212 (-53.0%), from -€30,573 to -€46,785
- Debts after one year -€10,728
down €10,728 (-5.2%), from €206,276 to €195,548
- Financial charges +€1,114
up €1,114 (+9.8%), from €11,344 to €12,458
- Other operating charges +€545
up €545 (+98.0%), from €556 to €1,101
- Gross operating margin +€336
up €336 (+11.2%), from -€2,989 to -€2,653
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 | €391,130 | €409,200 | +€18,070 | +4.6% |
| Fixed assets | 21/28 | €378,710 | €391,645 | +€12,934 | +3.4% |
| Tangible fixed assets | 22/27 | €378,710 | €391,645 | +€12,934 | +3.4% |
| Land and buildings | 22 | €378,710 | €391,645 | +€12,934 | +3.4% |
| Current assets | 29/58 | €12,420 | €17,556 | +€5,136 | +41.4% |
| Amounts receivable within one year | 40/41 | €10,840 | €7,234 | -€3,606 | -33.3% |
| Trade receivables | 40 | €10,351 | €6,788 | -€3,564 | -34.4% |
| Other amounts receivable | 41 | €489 | €446 | -€43 | -8.7% |
| Cash at bank and in hand | 54/58 | €1,579 | €2,470 | +€890 | +56.4% |
| Deferred charges and accrued income | 490/1 | - | €7,852 | +€7,852 | |
| Total equity and liabilities | 10/49 | €391,130 | €409,200 | +€18,070 | +4.6% |
| Equity | 10/15 | -€20,573 | -€36,785 | -€16,212 | -78.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,573 | -€46,785 | -€16,212 | -53.0% |
| Amounts payable | 17/49 | €411,703 | €445,986 | +€34,282 | +8.3% |
| Amounts payable after more than one year | 17 | €206,276 | €195,548 | -€10,728 | -5.2% |
| Financial debts | 170/4 | €206,276 | €195,548 | -€10,728 | -5.2% |
| Amounts payable within one year | 42/48 | €203,682 | €248,625 | +€44,944 | +22.1% |
| Current portion of amounts payable after more than one year | 42 | €10,532 | €10,728 | +€197 | +1.9% |
| Trade debts | 44 | €4,009 | €5,570 | +€1,561 | +38.9% |
| Suppliers | 440/4 | €4,009 | €5,570 | +€1,561 | +38.9% |
| Other amounts payable | 47/48 | €189,141 | €232,327 | +€43,186 | +22.8% |
| Accrued charges and deferred income | 492/3 | €1,745 | €1,812 | +€67 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €556 | €1,101 | +€545 | +98.0% |
| Gross operating margin | 9900 | -€2,989 | -€2,653 | +€336 | +11.2% |
| Operating profit (loss) | 9901 | -€3,545 | -€3,754 | -€209 | -5.9% |
| Financial charges | 65/66B | €11,344 | €12,458 | +€1,114 | +9.8% |
| Recurring financial charges | 65 | €11,344 | €12,458 | +€1,114 | +9.8% |
| Profit (loss) for the period before taxes | 9903 | -€14,889 | -€16,212 | -€1,323 | -8.9% |
| Profit (loss) for the period | 9904 | -€14,889 | -€16,212 | -€1,323 | -8.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,889 | -€16,212 | -€1,323 | -8.9% |
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 11 October 2026 via checked.be.