Fringe systems: 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.
Fringe systems
Largest movements
- Cash +€18,780
up €18,780 (+58.4%), from €32,131 to €50,911
mainly Net result for the year (+€32,649) and Depreciation (+€11,525)
- Tangible fixed assets +€11,870
up €11,870 (+7.4%), from €160,012 to €171,882
of which Furniture and vehicles: +€9,651
- Receivables after one year -€6,000
down €6,000 (-25.0%), from €24,000 to €18,000
- Receivables within one year -€5,540
down €5,540 (-8.8%), from €62,891 to €57,350
of which Trade receivables: -€5,564
- Reserves +€32,649
up €32,649 (+26.2%), from €124,828 to €157,477
- Debts after one year -€9,459
down €9,459 (-11.5%), from €82,098 to €72,639
- Tax, wage and social debts -€4,633
down €4,633 (-27.5%), from €16,864 to €12,231
- Trade debts +€4,035
up €4,035 (+664.5%), from €607 to €4,642
- Other debts -€3,535
down €3,535 (-9.9%), from €35,580 to €32,044
- Gross operating margin -€42,781
down €42,781 (-40.9%), from €104,590 to €61,809
- Taxes -€11,847
down €11,847 (-48.1%), from €24,638 to €12,791
- Depreciation +€1,492
up €1,492 (+14.9%), from €10,033 to €11,525
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 | €279,033 | €298,493 | +€19,460 | +7.0% |
| Fixed assets | 21/28 | €160,012 | €171,882 | +€11,870 | +7.4% |
| Tangible fixed assets | 22/27 | €160,012 | €171,882 | +€11,870 | +7.4% |
| Land and buildings | 22 | €133,626 | €131,053 | -€2,573 | -1.9% |
| Plant, machinery and equipment | 23 | €2,915 | €7,707 | +€4,792 | +164.4% |
| Furniture and vehicles | 24 | €23,471 | €33,122 | +€9,651 | +41.1% |
| Current assets | 29/58 | €119,022 | €126,611 | +€7,590 | +6.4% |
| Amounts receivable after more than one year | 29 | €24,000 | €18,000 | -€6,000 | -25.0% |
| Other amounts receivable | 291 | €24,000 | €18,000 | -€6,000 | -25.0% |
| Amounts receivable within one year | 40/41 | €62,891 | €57,350 | -€5,540 | -8.8% |
| Trade receivables | 40 | €25,529 | €19,965 | -€5,564 | -21.8% |
| Other amounts receivable | 41 | €37,362 | €37,385 | +€23 | +0.1% |
| Current investments | 50/53 | - | €350 | +€350 | |
| Cash at bank and in hand | 54/58 | €32,131 | €50,911 | +€18,780 | +58.4% |
| Total equity and liabilities | 10/49 | €279,033 | €298,493 | +€19,460 | +7.0% |
| Equity | 10/15 | €134,828 | €167,477 | +€32,649 | +24.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €124,828 | €157,477 | +€32,649 | +26.2% |
| Distributable reserves | 133 | €124,828 | €157,477 | +€32,649 | +26.2% |
| Amounts payable | 17/49 | €144,205 | €131,016 | -€13,189 | -9.1% |
| Amounts payable after more than one year | 17 | €82,098 | €72,639 | -€9,459 | -11.5% |
| Financial debts | 170/4 | €82,098 | €72,639 | -€9,459 | -11.5% |
| Amounts payable within one year | 42/48 | €62,107 | €58,377 | -€3,730 | -6.0% |
| Current portion of amounts payable after more than one year | 42 | €9,056 | €9,459 | +€404 | +4.5% |
| Trade debts | 44 | €607 | €4,642 | +€4,035 | +664.5% |
| Suppliers | 440/4 | €607 | €4,642 | +€4,035 | +664.5% |
| Taxes, remuneration and social security | 45 | €16,864 | €12,231 | -€4,633 | -27.5% |
| Taxes | 450/3 | €16,864 | €12,231 | -€4,633 | -27.5% |
| Other amounts payable | 47/48 | €35,580 | €32,044 | -€3,535 | -9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,033 | €11,525 | +€1,492 | +14.9% |
| Other operating charges | 640/8 | €804 | €969 | +€165 | +20.6% |
| Gross operating margin | 9900 | €104,590 | €61,809 | -€42,781 | -40.9% |
| Operating profit (loss) | 9901 | €93,753 | €49,315 | -€44,439 | -47.4% |
| Financial income | 75/76B | €1,436 | €2,444 | +€1,009 | +70.3% |
| Recurring financial income | 75 | €1,436 | €2,444 | +€1,009 | +70.3% |
| Financial charges | 65/66B | €5,986 | €6,319 | +€334 | +5.6% |
| Recurring financial charges | 65 | €5,986 | €6,319 | +€334 | +5.6% |
| Profit (loss) for the period before taxes | 9903 | €89,203 | €45,440 | -€43,763 | -49.1% |
| Income taxes | 67/77 | €24,638 | €12,791 | -€11,847 | -48.1% |
| Profit (loss) for the period | 9904 | €64,565 | €32,649 | -€31,916 | -49.4% |
| Profit (loss) for the period to be appropriated | 9905 | €64,565 | €32,649 | -€31,916 | -49.4% |
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 8 October 2026 via checked.be.