FRIMOUT: 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.
FRIMOUT
Largest movements
- Cash -€34,578
down €34,578 (-38.3%), from €90,265 to €55,688
mainly Investment in fixed assets (net) (-€69,959) and Current portion of long-term debt (-€50,000)
- Tangible fixed assets +€31,158
up €31,158 (+19.6%), from €158,852 to €190,010
of which Land and buildings: +€25,030
- Stocks and contracts -€29,709
down €29,709 (-6.6%), from €447,089 to €417,380
- Receivables within one year +€7,328
up €7,328 (+345.4%), from €2,121 to €9,450
of which Other amounts receivable: +€4,019
- Current portion of long-term debt -€50,000
down €50,000 (-100.0%), from €50,000 to €0
- Reserves +€11,841
up €11,841 (+2.4%), from €487,996 to €499,837
of which Distributable reserves: +€11,841
- Tax, wage and social debts +€10,333
up €10,333 (+359.9%), from €2,871 to €13,204
- Depreciation +€6,055
up €6,055 (+18.5%), from €32,746 to €38,801
- Other operating charges +€2,368
up €2,368 (+34.3%), from €6,911 to €9,279
- Taxes -€2,216
down €2,216 (-38.9%), from €5,697 to €3,481
- Gross operating margin +€1,814
up €1,814 (+2.6%), from €70,963 to €72,777
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 | €711,215 | €684,884 | -€26,331 | -3.7% |
| Fixed assets | 21/28 | €158,987 | €190,145 | +€31,158 | +19.6% |
| Tangible fixed assets | 22/27 | €158,852 | €190,010 | +€31,158 | +19.6% |
| Land and buildings | 22 | €60,222 | €85,252 | +€25,030 | +41.6% |
| Plant, machinery and equipment | 23 | €2,415 | €5,347 | +€2,932 | +121.4% |
| Furniture and vehicles | 24 | €96,215 | €99,412 | +€3,197 | +3.3% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €552,228 | €494,739 | -€57,489 | -10.4% |
| Stocks and contracts in progress | 3 | €447,089 | €417,380 | -€29,709 | -6.6% |
| Stocks | 30/36 | €447,089 | €417,380 | -€29,709 | -6.6% |
| Amounts receivable within one year | 40/41 | €2,121 | €9,450 | +€7,328 | +345.4% |
| Trade receivables | 40 | €318 | €3,627 | +€3,309 | +1040.7% |
| Other amounts receivable | 41 | €1,803 | €5,822 | +€4,019 | +222.9% |
| Cash at bank and in hand | 54/58 | €90,265 | €55,688 | -€34,578 | -38.3% |
| Deferred charges and accrued income | 490/1 | €12,752 | €12,222 | -€531 | -4.2% |
| Total equity and liabilities | 10/49 | €711,215 | €684,884 | -€26,331 | -3.7% |
| Equity | 10/15 | €506,546 | €518,387 | +€11,841 | +2.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €487,996 | €499,837 | +€11,841 | +2.4% |
| Tax-exempt reserves | 132 | €246 | €246 | = | 0.0% |
| Distributable reserves | 133 | €487,750 | €499,591 | +€11,841 | +2.4% |
| Amounts payable | 17/49 | €204,669 | €166,497 | -€38,172 | -18.7% |
| Amounts payable after more than one year | 17 | €25,000 | €25,000 | = | 0.0% |
| Financial debts | 170/4 | €25,000 | €25,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €179,627 | €141,476 | -€38,151 | -21.2% |
| Current portion of amounts payable after more than one year | 42 | €50,000 | €0 | -€50,000 | -100.0% |
| Trade debts | 44 | €3,031 | €2,087 | -€944 | -31.1% |
| Suppliers | 440/4 | €3,031 | €2,087 | -€944 | -31.1% |
| Taxes, remuneration and social security | 45 | €2,871 | €13,204 | +€10,333 | +359.9% |
| Taxes | 450/3 | €2,871 | €13,204 | +€10,333 | +359.9% |
| Other amounts payable | 47/48 | €123,725 | €126,185 | +€2,460 | +2.0% |
| Accrued charges and deferred income | 492/3 | €42 | €21 | -€20 | -49.0% |
| Non-recurring operating income | 76A | €27,175 | €16,271 | -€10,904 | -40.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,746 | €38,801 | +€6,055 | +18.5% |
| Other operating charges | 640/8 | €6,911 | €9,279 | +€2,368 | +34.3% |
| Non-recurring operating charges | 66A | €124 | €0 | -€124 | -100.0% |
| Gross operating margin | 9900 | €70,963 | €72,777 | +€1,814 | +2.6% |
| Operating profit (loss) | 9901 | €31,182 | €24,697 | -€6,486 | -20.8% |
| Financial income | 75/76B | €509 | €359 | -€150 | -29.4% |
| Recurring financial income | 75 | €509 | €359 | -€150 | -29.4% |
| Financial charges | 65/66B | €10,023 | €9,734 | -€288 | -2.9% |
| Recurring financial charges | 65 | €10,023 | €9,734 | -€288 | -2.9% |
| Profit (loss) for the period before taxes | 9903 | €21,669 | €15,322 | -€6,347 | -29.3% |
| Income taxes | 67/77 | €5,697 | €3,481 | -€2,216 | -38.9% |
| Profit (loss) for the period | 9904 | €15,972 | €11,841 | -€4,131 | -25.9% |
| Profit (loss) for the period to be appropriated | 9905 | €15,972 | €11,841 | -€4,131 | -25.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.