FRIMMO: 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.
FRIMMO
Largest movements
- Tangible fixed assets +€3.5m
up €3.5m (+94.4%), from €3.7m to €7.2m
of which Land and buildings: +€3.5m
- Receivables within one year +€101,652
up €101,652 (+99.7%), from €102,005 to €203,658
of which Other amounts receivable: +€99,652
- Short-term financial debts +€3.3m
new in 2025: €3.3m
- Other debts +€492,995
new in 2025: €492,995
- Profit (loss) carried forward -€102,172
down €102,172 (-5.7%), from -€1.8m to -€1.9m
- Financial charges +€105,600
up €105,600 (+43,425%), from €243 to €105,843
- Depreciation +€53,679
up €53,679 (+173%), from €30,970 to €84,649
- Gross operating margin +€43,082
up €43,082 (+47.2%), from €91,288 to €134,370
- Taxes +€28,381
new in 2025: €28,381
- Other operating charges +€8,943
up €8,943 (+73.5%), from €12,173 to €21,116
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 | €3,954,967 | €7,607,551 | +€3.7m | +92.4% |
| Fixed assets | 21/28 | €3,714,308 | €7,225,461 | +€3.5m | +94.5% |
| Tangible fixed assets | 22/27 | €3,714,308 | €7,220,461 | +€3.5m | +94.4% |
| Land and buildings | 22 | €3,629,164 | €7,103,653 | +€3.5m | +95.7% |
| Furniture and vehicles | 24 | €18,564 | €60,873 | +€42,309 | +228% |
| Other tangible fixed assets | 26 | €66,580 | €55,935 | -€10,645 | -16.0% |
| Financial fixed assets | 28 | - | €5,000 | +€5,000 | |
| Current assets | 29/58 | €240,659 | €382,090 | +€141,431 | +58.8% |
| Amounts receivable within one year | 40/41 | €102,005 | €203,658 | +€101,652 | +99.7% |
| Trade receivables | 40 | €20,000 | €22,000 | +€2,000 | +10.0% |
| Other amounts receivable | 41 | €82,005 | €181,658 | +€99,652 | +122% |
| Cash at bank and in hand | 54/58 | €83,466 | €79,127 | -€4,339 | -5.2% |
| Deferred charges and accrued income | 490/1 | €55,188 | €99,305 | +€44,118 | +79.9% |
| Total equity and liabilities | 10/49 | €3,954,967 | €7,607,551 | +€3.7m | +92.4% |
| Equity | 10/15 | €2,756,273 | €2,654,101 | -€102,172 | -3.7% |
| Contributions | 10/11 | €1,023,304 | €1,023,304 | = | 0.0% |
| Capital | 10 | €1,023,304 | €1,023,304 | = | 0.0% |
| Issued capital | 100 | €1,023,304 | €1,023,304 | = | 0.0% |
| Revaluation surpluses | 12 | €3,385,000 | €3,385,000 | = | 0.0% |
| Reserves | 13 | €137,331 | €137,331 | = | 0.0% |
| Non-distributable reserves | 130/1 | €102,331 | €102,331 | = | 0.0% |
| Legal reserve | 130 | €102,331 | €102,331 | = | 0.0% |
| Distributable reserves | 133 | €35,000 | €35,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,789,362 | -€1,891,534 | -€102,172 | -5.7% |
| Amounts payable | 17/49 | €1,198,694 | €4,953,450 | +€3.8m | +313% |
| Amounts payable after more than one year | 17 | €1,065,000 | €1,065,000 | = | 0.0% |
| Financial debts | 170/4 | €1,065,000 | €1,065,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €23,275 | €3,799,334 | +€3.8m | +16,224% |
| Financial debts | 43 | - | €3,300,000 | +€3.3m | |
| Credit institutions | 430/8 | - | €3,300,000 | +€3.3m | |
| Trade debts | 44 | €23,275 | €1,975 | -€21,300 | -91.5% |
| Suppliers | 440/4 | €23,275 | €1,975 | -€21,300 | -91.5% |
| Taxes, remuneration and social security | 45 | - | €4,364 | +€4,364 | |
| Taxes | 450/3 | - | €4,364 | +€4,364 | |
| Other amounts payable | 47/48 | - | €492,995 | +€492,995 | |
| Accrued charges and deferred income | 492/3 | €110,419 | €89,116 | -€21,303 | -19.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,970 | €84,649 | +€53,679 | +173% |
| Other operating charges | 640/8 | €12,173 | €21,116 | +€8,943 | +73.5% |
| Gross operating margin | 9900 | €91,288 | €134,370 | +€43,082 | +47.2% |
| Operating profit (loss) | 9901 | €48,145 | €28,605 | -€19,540 | -40.6% |
| Financial income | 75/76B | - | €3,447 | +€3,447 | |
| Recurring financial income | 75 | - | €3,447 | +€3,447 | |
| Financial charges | 65/66B | €243 | €105,843 | +€105,600 | +43,425% |
| Recurring financial charges | 65 | €243 | €105,843 | +€105,600 | +43,425% |
| Profit (loss) for the period before taxes | 9903 | €47,902 | -€73,791 | -€121,693 | |
| Income taxes | 67/77 | - | €28,381 | +€28,381 | |
| Profit (loss) for the period | 9904 | €47,902 | -€102,172 | -€150,074 | |
| Profit (loss) for the period to be appropriated | 9905 | €47,902 | -€102,172 | -€150,074 |
Source: filed annual accounts (NBB), financial years ended 31 October 2024 and 31 October 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.