FRIMGLE: 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.
FRIMGLE
Largest movements
- Deferred charges and accrued income -€36,507
down €36,507 (-94.1%), from €38,780 to €2,272
- Receivables within one year +€14,662
up €14,662 (+85.7%), from €17,116 to €31,777
of which Trade receivables: +€14,170
- Intangible fixed assets -€5,189
down €5,189 (-26.3%), from €19,740 to €14,550
- Tangible fixed assets -€4,557
down €4,557 (-23.8%), from €19,154 to €14,597
of which Furniture and vehicles: -€2,722
- Financial fixed assets +€2,212
up €2,212 (+2,036%), from €109 to €2,321
- Short-term financial debts -€18,774
down €18,774 (-68.1%), from €27,584 to €8,810
- Tax, wage and social debts -€8,712
down €8,712 (-83.4%), from €10,452 to €1,740
of which Remuneration and social security: -€4,417
- Debts after one year -€7,409
down €7,409 (-37.0%), from €20,000 to €12,591
- Trade debts +€4,575
up €4,575 (+145%), from €3,155 to €7,730
- Current portion of long-term debt +€3,797
new in 2025: €3,797
- Taxes -€7,400
no longer reported in 2025 (was €7,400)
- Gross operating margin -€7,141
down €7,141 (-9.5%), from €74,783 to €67,642
- Financial charges -€4,852
down €4,852 (-51.5%), from €9,417 to €4,566
- Staff costs +€1,837
up €1,837 (+3.8%), from €47,898 to €49,736
- Other operating charges +€794
new in 2025: €794
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €94,898 | €65,518 | -€29,380 | -31.0% |
| Fixed assets | 21/28 | €39,003 | €31,468 | -€7,534 | -19.3% |
| Intangible fixed assets | 21 | €19,740 | €14,550 | -€5,189 | -26.3% |
| Tangible fixed assets | 22/27 | €19,154 | €14,597 | -€4,557 | -23.8% |
| Plant, machinery and equipment | 23 | €2,832 | €997 | -€1,835 | -64.8% |
| Furniture and vehicles | 24 | €16,323 | €13,600 | -€2,722 | -16.7% |
| Financial fixed assets | 28 | €109 | €2,321 | +€2,212 | +2,036% |
| Current assets | 29/58 | €55,895 | €34,050 | -€21,846 | -39.1% |
| Amounts receivable within one year | 40/41 | €17,116 | €31,777 | +€14,662 | +85.7% |
| Trade receivables | 40 | €17,116 | €31,286 | +€14,170 | +82.8% |
| Other amounts receivable | 41 | - | €492 | +€492 | |
| Deferred charges and accrued income | 490/1 | €38,780 | €2,272 | -€36,507 | -94.1% |
| Total equity and liabilities | 10/49 | €94,898 | €65,518 | -€29,380 | -31.0% |
| Equity | 10/15 | €31,990 | €30,851 | -€1,139 | -3.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,530 | €10,391 | -€1,139 | -9.9% |
| Amounts payable | 17/49 | €62,908 | €34,667 | -€28,241 | -44.9% |
| Amounts payable after more than one year | 17 | €20,000 | €12,591 | -€7,409 | -37.0% |
| Financial debts | 170/4 | €20,000 | €12,591 | -€7,409 | -37.0% |
| Amounts payable within one year | 42/48 | €42,908 | €22,076 | -€20,832 | -48.6% |
| Current portion of amounts payable after more than one year | 42 | - | €3,797 | +€3,797 | |
| Financial debts | 43 | €27,584 | €8,810 | -€18,774 | -68.1% |
| Credit institutions | 430/8 | €27,584 | €8,810 | -€18,774 | -68.1% |
| Trade debts | 44 | €3,155 | €7,730 | +€4,575 | +145% |
| Suppliers | 440/4 | €3,155 | €7,730 | +€4,575 | +145% |
| Taxes, remuneration and social security | 45 | €10,452 | €1,740 | -€8,712 | -83.4% |
| Taxes | 450/3 | €6,035 | €1,740 | -€4,295 | -71.2% |
| Remuneration and social security | 454/9 | €4,417 | - | -€4,417 | |
| Other amounts payable | 47/48 | €1,717 | - | -€1,717 | |
| Remuneration, social security and pensions | 62 | €47,898 | €49,736 | +€1,837 | +3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,161 | €11,496 | +€335 | +3.0% |
| Other operating charges | 640/8 | - | €794 | +€794 | |
| Non-recurring operating charges | 66A | - | €2,217 | +€2,217 | |
| Gross operating margin | 9900 | €74,783 | €67,642 | -€7,141 | -9.5% |
| Operating profit (loss) | 9901 | €15,724 | €3,400 | -€12,324 | -78.4% |
| Financial income | 75/76B | - | €27 | +€27 | |
| Recurring financial income | 75 | - | €27 | +€27 | |
| Financial charges | 65/66B | €9,417 | €4,566 | -€4,852 | -51.5% |
| Recurring financial charges | 65 | €9,417 | €4,566 | -€4,852 | -51.5% |
| Profit (loss) for the period before taxes | 9903 | €6,306 | -€1,139 | -€7,445 | |
| Income taxes | 67/77 | €7,400 | - | -€7,400 | |
| Profit (loss) for the period | 9904 | -€1,094 | -€1,139 | -€45 | -4.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,094 | -€1,139 | -€45 | -4.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.