Fringba: 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.
Fringba
Largest movements
- Stocks and contracts +€663,618
up €663,618 (+193.1%), from €343,688 to €1.0m
- Current investments -€622,029
down €622,029 (-100.0%), from €622,029 to €0
- Cash +€558,200
up €558,200 (+7244.3%), from €7,705 to €565,906
mainly Net result for the year (+€845,322) and Current investments (+€622,029)
- Financial fixed assets +€500,000
up €500,000 (+15.7%), from €3.2m to €3.7m
- Receivables within one year +€211,298
up €211,298 (+172.4%), from €122,533 to €333,832
of which Other amounts receivable: +€220,466
- Reserves +€1.1m
up €1.1m (+192.9%), from €582,610 to €1.7m
of which Distributable reserves: +€1.1m
- Debts after one year -€288,389
down €288,389 (-9.0%), from €3.2m to €2.9m
of which Financial debts: -€150,889
- Other debts +€215,932
up €215,932 (+659.4%), from €32,748 to €248,680
- Contributions +€100,000
up €100,000 (+4.5%), from €2.2m to €2.3m
- Tax, wage and social debts +€79,001
up €79,001, from €0 to €79,001
- Financial income +€988,524
up €988,524 (+739.6%), from €133,655 to €1.1m
- Taxes +€84,694
up €84,694 (+92592.2%), from €91 to €84,786
- Gross operating margin -€41,400
down €41,400, from €35,720 to -€5,680
- Financial charges +€8,557
up €8,557 (+7.3%), from €117,534 to €126,091
- Other operating charges +€1,998
up €1,998 (+35.5%), from €5,630 to €7,628
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 | €6,277,610 | €7,512,208 | +€1.2m | +19.7% |
| Fixed assets | 21/28 | €4,820,795 | €5,285,665 | +€464,870 | +9.6% |
| Tangible fixed assets | 22/27 | €1,637,281 | €1,602,151 | -€35,130 | -2.1% |
| Land and buildings | 22 | €1,631,396 | €1,596,562 | -€34,835 | -2.1% |
| Plant, machinery and equipment | 23 | - | €1,068 | +€1,068 | |
| Furniture and vehicles | 24 | €5,885 | €4,521 | -€1,364 | -23.2% |
| Financial fixed assets | 28 | €3,183,514 | €3,683,514 | +€500,000 | +15.7% |
| Current assets | 29/58 | €1,456,814 | €2,226,543 | +€769,729 | +52.8% |
| Amounts receivable after more than one year | 29 | €359,500 | €319,500 | -€40,000 | -11.1% |
| Other amounts receivable | 291 | €359,500 | €319,500 | -€40,000 | -11.1% |
| Stocks and contracts in progress | 3 | €343,688 | €1,007,306 | +€663,618 | +193.1% |
| Stocks | 30/36 | €343,688 | €1,007,306 | +€663,618 | +193.1% |
| Amounts receivable within one year | 40/41 | €122,533 | €333,832 | +€211,298 | +172.4% |
| Trade receivables | 40 | €9,168 | €0 | -€9,168 | -100.0% |
| Other amounts receivable | 41 | €113,366 | €333,832 | +€220,466 | +194.5% |
| Current investments | 50/53 | €622,029 | €0 | -€622,029 | -100.0% |
| Cash at bank and in hand | 54/58 | €7,705 | €565,906 | +€558,200 | +7244.3% |
| Deferred charges and accrued income | 490/1 | €1,359 | €0 | -€1,359 | -100.0% |
| Total equity and liabilities | 10/49 | €6,277,610 | €7,512,208 | +€1.2m | +19.7% |
| Equity | 10/15 | €2,796,610 | €4,020,469 | +€1.2m | +43.8% |
| Contributions | 10/11 | €2,214,000 | €2,314,000 | +€100,000 | +4.5% |
| Capital | 10 | €2,214,000 | €2,314,000 | +€100,000 | +4.5% |
| Issued capital | 100 | €2,214,000 | €2,314,000 | +€100,000 | +4.5% |
| Reserves | 13 | €582,610 | €1,706,469 | +€1.1m | +192.9% |
| Non-distributable reserves | 130/1 | €221,400 | €221,400 | = | 0.0% |
| Legal reserve | 130 | €221,400 | €221,400 | = | 0.0% |
| Distributable reserves | 133 | €361,210 | €1,485,069 | +€1.1m | +311.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €3,480,999 | €3,491,739 | +€10,740 | +0.3% |
| Amounts payable after more than one year | 17 | €3,197,679 | €2,909,290 | -€288,389 | -9.0% |
| Financial debts | 170/4 | €1,687,679 | €1,536,790 | -€150,889 | -8.9% |
| Other amounts payable | 178/9 | €1,510,000 | €1,372,500 | -€137,500 | -9.1% |
| Amounts payable within one year | 42/48 | €183,868 | €480,291 | +€296,423 | +161.2% |
| Current portion of amounts payable after more than one year | 42 | €150,482 | €150,889 | +€407 | +0.3% |
| Financial debts | 43 | €369 | €198 | -€171 | -46.4% |
| Credit institutions | 430/8 | €369 | €198 | -€171 | -46.4% |
| Trade debts | 44 | €269 | €1,523 | +€1,254 | +466.8% |
| Suppliers | 440/4 | €269 | €1,523 | +€1,254 | +466.8% |
| Taxes, remuneration and social security | 45 | €0 | €79,001 | +€79,001 | |
| Taxes | 450/3 | €0 | €79,001 | +€79,001 | |
| Other amounts payable | 47/48 | €32,748 | €248,680 | +€215,932 | +659.4% |
| Accrued charges and deferred income | 492/3 | €99,452 | €102,159 | +€2,707 | +2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,204 | €45,931 | +€726 | +1.6% |
| Other operating charges | 640/8 | €5,630 | €7,628 | +€1,998 | +35.5% |
| Non-recurring operating charges | 66A | - | €6,741 | +€6,741 | |
| Gross operating margin | 9900 | €35,720 | -€5,680 | -€41,400 | |
| Operating profit (loss) | 9901 | -€15,114 | -€65,979 | -€50,865 | -336.5% |
| Financial income | 75/76B | €133,655 | €1,122,178 | +€988,524 | +739.6% |
| Recurring financial income | 75 | €133,655 | €1,122,178 | +€988,524 | +739.6% |
| Financial charges | 65/66B | €117,534 | €126,091 | +€8,557 | +7.3% |
| Recurring financial charges | 65 | €117,534 | €126,091 | +€8,557 | +7.3% |
| Profit (loss) for the period before taxes | 9903 | €1,006 | €930,108 | +€929,102 | +92345.0% |
| Income taxes | 67/77 | €91 | €84,786 | +€84,694 | +92592.2% |
| Profit (loss) for the period | 9904 | €915 | €845,322 | +€844,408 | +92320.3% |
| Profit (loss) for the period to be appropriated | 9905 | €915 | €845,322 | +€844,408 | +92320.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.