FRINGE: 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.
FRINGE
Largest movements
- Tangible fixed assets +€31,929
up €31,929 (+74.2%), from €43,029 to €74,958
of which Leasing and similar rights: +€36,909
- Cash -€5,989
down €5,989 (-30.1%), from €19,895 to €13,907
mainly Investment in fixed assets (net) (-€41,324) and Other debts (-€11,215)
- Receivables within one year -€1,140
down €1,140 (-71.0%), from €1,605 to €465
- Debts after one year +€30,009
new in 2025: €30,009
- Other debts -€11,215
down €11,215 (-52.3%), from €21,454 to €10,238
- Current portion of long-term debt +€4,973
up €4,973 (+221%), from €2,247 to €7,220
- Provisions -€6,896
no longer reported in 2025 (was €6,896)
- Depreciation +€4,415
up €4,415 (+88.7%), from €4,979 to €9,395
- Gross operating margin -€2,755
down €2,755 (-3.5%), from €79,860 to €77,105
- Staff costs +€1,530
up €1,530 (+2.4%), from €63,838 to €65,368
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 | €67,529 | €92,330 | +€24,801 | +36.7% |
| Fixed assets | 21/28 | €46,029 | €77,958 | +€31,929 | +69.4% |
| Tangible fixed assets | 22/27 | €43,029 | €74,958 | +€31,929 | +74.2% |
| Plant, machinery and equipment | 23 | €43,029 | €38,050 | -€4,979 | -11.6% |
| Leasing and similar rights | 25 | - | €36,909 | +€36,909 | |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €21,500 | €14,372 | -€7,129 | -33.2% |
| Amounts receivable within one year | 40/41 | €1,605 | €465 | -€1,140 | -71.0% |
| Trade receivables | 40 | €1,605 | €465 | -€1,140 | -71.0% |
| Cash at bank and in hand | 54/58 | €19,895 | €13,907 | -€5,989 | -30.1% |
| Total equity and liabilities | 10/49 | €67,529 | €92,330 | +€24,801 | +36.7% |
| Equity | 10/15 | €19,925 | €20,081 | +€156 | +0.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,325 | €1,481 | +€156 | +11.8% |
| Distributable reserves | 133 | €1,325 | €1,481 | +€156 | +11.8% |
| Provisions and deferred taxes | 16 | €6,896 | €6,896 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €6,896 | €6,896 | = | 0.0% |
| Major repairs and maintenance | 162 | €6,896 | €6,896 | = | 0.0% |
| Amounts payable | 17/49 | €40,708 | €65,353 | +€24,645 | +60.5% |
| Amounts payable after more than one year | 17 | - | €30,009 | +€30,009 | |
| Financial debts | 170/4 | - | €30,009 | +€30,009 | |
| Amounts payable within one year | 42/48 | €40,708 | €35,344 | -€5,364 | -13.2% |
| Current portion of amounts payable after more than one year | 42 | €2,247 | €7,220 | +€4,973 | +221% |
| Trade debts | 44 | €5,229 | €5,856 | +€628 | +12.0% |
| Suppliers | 440/4 | €5,229 | €5,856 | +€628 | +12.0% |
| Taxes, remuneration and social security | 45 | €11,778 | €12,029 | +€250 | +2.1% |
| Taxes | 450/3 | €7,322 | €4,203 | -€3,119 | -42.6% |
| Remuneration and social security | 454/9 | €4,457 | €7,826 | +€3,369 | +75.6% |
| Other amounts payable | 47/48 | €21,454 | €10,238 | -€11,215 | -52.3% |
| Remuneration, social security and pensions | 62 | €63,838 | €65,368 | +€1,530 | +2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,979 | €9,395 | +€4,415 | +88.7% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €6,896 | - | -€6,896 | |
| Other operating charges | 640/8 | €249 | €255 | +€6 | +2.5% |
| Gross operating margin | 9900 | €79,860 | €77,105 | -€2,755 | -3.5% |
| Operating profit (loss) | 9901 | €3,898 | €2,087 | -€1,811 | -46.5% |
| Financial income | 75/76B | €6 | €37 | +€31 | +530% |
| Recurring financial income | 75 | €6 | €37 | +€31 | +530% |
| Financial charges | 65/66B | €292 | €1,007 | +€714 | +244% |
| Recurring financial charges | 65 | €292 | €1,006 | +€714 | +244% |
| Non-recurring financial charges | 66B | - | €0 | +€0 | |
| Profit (loss) for the period before taxes | 9903 | €3,612 | €1,117 | -€2,494 | -69.1% |
| Income taxes | 67/77 | €2 | €128 | +€127 | +7,271% |
| Profit (loss) for the period | 9904 | €3,610 | €989 | -€2,621 | -72.6% |
| Profit (loss) for the period to be appropriated | 9905 | €3,610 | €989 | -€2,621 | -72.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.