FRINGLOOS: 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.
FRINGLOOS
Largest movements
- Receivables within one year -€874,198
down €874,198 (-13.6%), from €6.4m to €5.6m
of which Trade receivables: -€1.8m
- Stocks and contracts +€177,362
up €177,362 (+15.6%), from €1.1m to €1.3m
of which Stocks: +€177,362
- Tangible fixed assets +€111,310
up €111,310 (+62.5%), from €178,162 to €289,472
of which Other tangible fixed assets: +€127,500
- Deferred charges and accrued income -€95,759
down €95,759 (-44.5%), from €215,207 to €119,448
- Other debts -€2.5m
down €2.5m (-61.2%), from €4.1m to €1.6m
- Reserves +€861,631
up €861,631 (+75.6%), from €1.1m to €2.0m
- Accrued charges and deferred income +€594,258
up €594,258 (+611.0%), from €97,266 to €691,524
- Debts after one year +€274,565
up €274,565 (+19.8%), from €1.4m to €1.7m
- Trade debts +€269,129
up €269,129 (+43.3%), from €621,544 to €890,674
- Gross operating margin +€1.0m
up €1.0m (+72.3%), from €1.4m to €2.4m
- Staff costs +€349,078
up €349,078 (+624.5%), from €55,900 to €404,978
- Financial charges +€170,295
up €170,295 (+106.1%), from €160,544 to €330,838
- Other operating charges +€152,878
up €152,878 (+1961.6%), from €7,794 to €160,672
- Financial income +€59,575
up €59,575 (+180.5%), from €33,001 to €92,576
of which Financial income: +€59,575
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 | €8,069,614 | €7,389,422 | -€680,192 | -8.4% |
| Fixed assets | 21/28 | €234,412 | €364,136 | +€129,724 | +55.3% |
| Tangible fixed assets | 22/27 | €178,162 | €289,472 | +€111,310 | +62.5% |
| Land and buildings | 22 | €137,521 | €131,844 | -€5,677 | -4.1% |
| Plant, machinery and equipment | 23 | €152 | €0 | -€152 | -100.0% |
| Furniture and vehicles | 24 | €40,489 | €30,128 | -€10,361 | -25.6% |
| Other tangible fixed assets | 26 | - | €127,500 | +€127,500 | |
| Financial fixed assets | 28 | €56,250 | €74,664 | +€18,414 | +32.7% |
| Current assets | 29/58 | €7,835,202 | €7,025,286 | -€809,915 | -10.3% |
| Stocks and contracts in progress | 3 | €1,138,919 | €1,316,281 | +€177,362 | +15.6% |
| Stocks | 30/36 | €1,135,978 | €1,313,340 | +€177,362 | +15.6% |
| Contracts in progress | 37 | €2,941 | €2,941 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €6,446,583 | €5,572,386 | -€874,198 | -13.6% |
| Trade receivables | 40 | €2,346,625 | €519,025 | -€1.8m | -77.9% |
| Other amounts receivable | 41 | €4,099,959 | €5,053,360 | +€953,402 | +23.3% |
| Cash at bank and in hand | 54/58 | €34,493 | €17,172 | -€17,321 | -50.2% |
| Deferred charges and accrued income | 490/1 | €215,207 | €119,448 | -€95,759 | -44.5% |
| Total equity and liabilities | 10/49 | €8,069,614 | €7,389,422 | -€680,192 | -8.4% |
| Equity | 10/15 | €1,158,239 | €2,019,871 | +€861,631 | +74.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,139,639 | €2,001,271 | +€861,631 | +75.6% |
| Distributable reserves | 133 | €1,139,639 | €2,001,271 | +€861,631 | +75.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €6,911,375 | €5,369,552 | -€1.5m | -22.3% |
| Amounts payable after more than one year | 17 | €1,388,611 | €1,663,176 | +€274,565 | +19.8% |
| Financial debts | 170/4 | €1,388,611 | €1,663,176 | +€274,565 | +19.8% |
| Amounts payable within one year | 42/48 | €5,425,498 | €3,014,852 | -€2.4m | -44.4% |
| Current portion of amounts payable after more than one year | 42 | €55,461 | €67,555 | +€12,095 | +21.8% |
| Financial debts | 43 | €398,454 | €168,306 | -€230,148 | -57.8% |
| Credit institutions | 430/8 | €398,454 | €168,306 | -€230,148 | -57.8% |
| Trade debts | 44 | €621,544 | €890,674 | +€269,129 | +43.3% |
| Suppliers | 440/4 | €621,544 | €890,674 | +€269,129 | +43.3% |
| Taxes, remuneration and social security | 45 | €202,475 | €277,631 | +€75,156 | +37.1% |
| Taxes | 450/3 | €195,280 | €240,644 | +€45,364 | +23.2% |
| Remuneration and social security | 454/9 | €7,195 | €36,987 | +€29,792 | +414.1% |
| Other amounts payable | 47/48 | €4,147,563 | €1,610,686 | -€2.5m | -61.2% |
| Accrued charges and deferred income | 492/3 | €97,266 | €691,524 | +€594,258 | +611.0% |
| Remuneration, social security and pensions | 62 | €55,900 | €404,978 | +€349,078 | +624.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,652 | €16,190 | -€462 | -2.8% |
| Other operating charges | 640/8 | €7,794 | €160,672 | +€152,878 | +1961.6% |
| Non-recurring operating charges | 66A | €0 | €231,084 | +€231,084 | |
| Gross operating margin | 9900 | €1,397,108 | €2,406,868 | +€1.0m | +72.3% |
| Operating profit (loss) | 9901 | €1,316,762 | €1,593,944 | +€277,182 | +21.1% |
| Financial income | 75/76B | €33,001 | €92,576 | +€59,575 | +180.5% |
| Recurring financial income | 75 | €33,001 | €92,576 | +€59,575 | +180.5% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €160,544 | €330,838 | +€170,295 | +106.1% |
| Recurring financial charges | 65 | €160,544 | €330,838 | +€170,295 | +106.1% |
| Profit (loss) for the period before taxes | 9903 | €1,189,219 | €1,355,681 | +€166,462 | +14.0% |
| Income taxes | 67/77 | €313,286 | €344,050 | +€30,764 | +9.8% |
| Profit (loss) for the period | 9904 | €875,933 | €1,011,631 | +€135,698 | +15.5% |
| Profit (loss) for the period to be appropriated | 9905 | €875,933 | €1,011,631 | +€135,698 | +15.5% |
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 12 October 2026 via checked.be.