FRIKOVA: what changed
Two fiscal 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.
FRIKOVA
Largest movements
- Current investments +€41,047
up €41,047 (+25.8%), from €158,953 to €200,000
- Tangible fixed assets -€15,140
down €15,140 (-3.2%), from €479,944 to €464,804
- Cash +€10,466
up €10,466 (+33.1%), from €31,580 to €42,046
mainly Net result for the year (+€28,034) and Contributions, distributions and other (+€22,880)
- Receivables within one year -€8,516
down €8,516 (-71.7%), from €11,882 to €3,367
- Reserves +€95,236
up €95,236 (+18.5%), from €515,142 to €610,378
of which Distributable reserves: +€80,990
- Profit (loss) carried forward -€44,322
down €44,322 (-100.0%), from €44,322 to €0
- Provisions -€25,758
down €25,758 (-29.8%), from €86,506 to €60,748
- Financial income +€23,943
up €23,943 (+525.6%), from €4,555 to €28,498
- Financial charges +€13,255
up €13,255, from -€12,770 to €485
- Gross operating margin -€4,622
down €4,622 (-12.2%), from €37,886 to €33,264
- Taxes +€2,500
up €2,500 (+22.0%), from €11,379 to €13,879
- Depreciation -€596
down €596 (-3.8%), from €15,736 to €15,140
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 | €684,994 | €710,217 | +€25,223 | +3.7% |
| Fixed assets | 21/28 | €479,944 | €464,804 | -€15,140 | -3.2% |
| Tangible fixed assets | 22/27 | €479,944 | €464,804 | -€15,140 | -3.2% |
| Land and buildings | 22 | €479,944 | €464,804 | -€15,140 | -3.2% |
| Current assets | 29/58 | €205,050 | €245,413 | +€40,362 | +19.7% |
| Stocks and contracts in progress | 3 | €1,712 | €0 | -€1,712 | -100.0% |
| Stocks | 30/36 | €1,712 | €0 | -€1,712 | -100.0% |
| Amounts receivable within one year | 40/41 | €11,882 | €3,367 | -€8,516 | -71.7% |
| Other amounts receivable | 41 | €11,882 | €3,367 | -€8,516 | -71.7% |
| Current investments | 50/53 | €158,953 | €200,000 | +€41,047 | +25.8% |
| Cash at bank and in hand | 54/58 | €31,580 | €42,046 | +€10,466 | +33.1% |
| Deferred charges and accrued income | 490/1 | €923 | €0 | -€923 | -100.0% |
| Total equity and liabilities | 10/49 | €684,994 | €710,217 | +€25,223 | +3.7% |
| Equity | 10/15 | €590,451 | €641,365 | +€50,914 | +8.6% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Outside capital | 11 | €30,987 | - | -€30,987 | |
| Other | 1109/19 | €30,987 | - | -€30,987 | |
| Reserves | 13 | €515,142 | €610,378 | +€95,236 | +18.5% |
| Tax-exempt reserves | 132 | €167,998 | €182,244 | +€14,247 | +8.5% |
| Distributable reserves | 133 | €347,144 | €428,134 | +€80,990 | +23.3% |
| Profit (loss) carried forward | 14 | €44,322 | €0 | -€44,322 | -100.0% |
| Provisions and deferred taxes | 16 | €86,506 | €60,748 | -€25,758 | -29.8% |
| Deferred taxes | 168 | €86,506 | €60,748 | -€25,758 | -29.8% |
| Amounts payable | 17/49 | €8,038 | €8,104 | +€66 | +0.8% |
| Amounts payable within one year | 42/48 | €4,658 | €4,624 | -€34 | -0.7% |
| Trade debts | 44 | €28 | €92 | +€63 | +223.7% |
| Suppliers | 440/4 | €28 | €92 | +€63 | +223.7% |
| Taxes, remuneration and social security | 45 | €3,417 | €2,583 | -€834 | -24.4% |
| Taxes | 450/3 | €3,417 | €2,583 | -€834 | -24.4% |
| Other amounts payable | 47/48 | €1,213 | €1,949 | +€736 | +60.7% |
| Accrued charges and deferred income | 492/3 | €3,379 | €3,480 | +€100 | +3.0% |
| Non-recurring operating income | 76A | €594 | €0 | -€594 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,736 | €15,140 | -€596 | -3.8% |
| Other operating charges | 640/8 | €5,320 | €5,389 | +€69 | +1.3% |
| Non-recurring operating charges | 66A | - | €1,712 | +€1,712 | |
| Gross operating margin | 9900 | €37,886 | €33,264 | -€4,622 | -12.2% |
| Operating profit (loss) | 9901 | €16,830 | €11,023 | -€5,807 | -34.5% |
| Financial income | 75/76B | €4,555 | €28,498 | +€23,943 | +525.6% |
| Recurring financial income | 75 | €4,555 | €28,498 | +€23,943 | +525.6% |
| Financial charges | 65/66B | -€12,770 | €485 | +€13,255 | |
| Recurring financial charges | 65 | -€12,770 | €485 | +€13,255 | |
| Profit (loss) for the period before taxes | 9903 | €34,155 | €39,036 | +€4,880 | +14.3% |
| Transfer from deferred taxes | 780 | €3,873 | €2,878 | -€996 | -25.7% |
| Income taxes | 67/77 | €11,379 | €13,879 | +€2,500 | +22.0% |
| Profit (loss) for the period | 9904 | €26,650 | €28,034 | +€1,384 | +5.2% |
| Transfer from tax-exempt reserves | 789 | €7,522 | €8,633 | +€1,111 | +14.8% |
| Profit (loss) for the period to be appropriated | 9905 | €34,172 | €36,667 | +€2,495 | +7.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.