FRIGOTECH: 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.
FRIGOTECH
Largest movements
- Receivables within one year +€76,958
up €76,958 (+82.8%), from €92,939 to €169,898
of which Trade receivables: +€68,152
- Deferred charges and accrued income +€35,700
new in 2025: €35,700
- Cash -€22,856
down €22,856 (-41.1%), from €55,649 to €32,793
mainly Receivables within one year (-€76,958) and Investment in fixed assets (net) (-€36,755)
- Tangible fixed assets +€7,058
up €7,058 (+12.0%), from €58,985 to €66,043
of which Furniture and vehicles: +€5,035
- Financial fixed assets +€4,500
up €4,500 (+114.6%), from €3,925 to €8,425
- Trade debts +€68,526
up €68,526 (+181.9%), from €37,667 to €106,193
- Tax, wage and social debts +€29,955
up €29,955 (+248.3%), from €12,062 to €42,017
of which Remuneration and social security: +€32,242
- Staff costs +€29,919
up €29,919 (+53.6%), from €55,834 to €85,753
- Gross operating margin +€14,366
up €14,366 (+13.9%), from €102,983 to €117,349
- Other operating charges -€13,646
down €13,646 (-93.4%), from €14,606 to €960
- Depreciation +€8,128
up €8,128 (+47.6%), from €17,069 to €25,197
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 | €211,498 | €312,859 | +€101,361 | +47.9% |
| Fixed assets | 21/28 | €62,910 | €74,468 | +€11,558 | +18.4% |
| Tangible fixed assets | 22/27 | €58,985 | €66,043 | +€7,058 | +12.0% |
| Plant, machinery and equipment | 23 | €1,621 | €3,644 | +€2,023 | +124.8% |
| Furniture and vehicles | 24 | €57,364 | €62,399 | +€5,035 | +8.8% |
| Financial fixed assets | 28 | €3,925 | €8,425 | +€4,500 | +114.6% |
| Current assets | 29/58 | €148,588 | €238,391 | +€89,803 | +60.4% |
| Amounts receivable within one year | 40/41 | €92,939 | €169,898 | +€76,958 | +82.8% |
| Trade receivables | 40 | €13,570 | €81,722 | +€68,152 | +502.2% |
| Other amounts receivable | 41 | €79,369 | €88,175 | +€8,807 | +11.1% |
| Cash at bank and in hand | 54/58 | €55,649 | €32,793 | -€22,856 | -41.1% |
| Deferred charges and accrued income | 490/1 | - | €35,700 | +€35,700 | |
| Total equity and liabilities | 10/49 | €211,498 | €312,859 | +€101,361 | +47.9% |
| Equity | 10/15 | €128,622 | €129,067 | +€446 | +0.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Contributions outside capital | 11 | €2,000 | €2,000 | = | 0.0% |
| Other | 1109/19 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €126,622 | €127,067 | +€446 | +0.4% |
| Amounts payable | 17/49 | €82,876 | €183,791 | +€100,915 | +121.8% |
| Amounts payable within one year | 42/48 | €49,752 | €148,210 | +€98,458 | +197.9% |
| Trade debts | 44 | €37,667 | €106,193 | +€68,526 | +181.9% |
| Suppliers | 440/4 | €37,667 | €106,193 | +€68,526 | +181.9% |
| Taxes, remuneration and social security | 45 | €12,062 | €42,017 | +€29,955 | +248.3% |
| Taxes | 450/3 | €9,974 | €7,687 | -€2,287 | -22.9% |
| Remuneration and social security | 454/9 | €2,088 | €34,330 | +€32,242 | +1544.2% |
| Other amounts payable | 47/48 | €23 | - | -€23 | |
| Accrued charges and deferred income | 492/3 | €33,125 | €35,581 | +€2,457 | +7.4% |
| Remuneration, social security and pensions | 62 | €55,834 | €85,753 | +€29,919 | +53.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,069 | €25,197 | +€8,128 | +47.6% |
| Other operating charges | 640/8 | €14,606 | €960 | -€13,646 | -93.4% |
| Gross operating margin | 9900 | €102,983 | €117,349 | +€14,366 | +13.9% |
| Operating profit (loss) | 9901 | €15,474 | €5,440 | -€10,034 | -64.8% |
| Financial charges | 65/66B | €140 | €1,073 | +€933 | +667.7% |
| Recurring financial charges | 65 | €140 | €1,073 | +€933 | +667.7% |
| Profit (loss) for the period before taxes | 9903 | €15,334 | €4,367 | -€10,967 | -71.5% |
| Income taxes | 67/77 | €4,441 | €3,921 | -€520 | -11.7% |
| Profit (loss) for the period | 9904 | €10,893 | €446 | -€10,447 | -95.9% |
| Profit (loss) for the period to be appropriated | 9905 | €10,893 | €446 | -€10,447 | -95.9% |
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 9 October 2026 via checked.be.