FRIPIAT & CO: 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.
FRIPIAT & CO
Largest movements
- Tangible fixed assets -€44,376
down €44,376 (-4.1%), from €1.1m to €1.0m
of which Land and buildings: -€43,329
- Debts after one year -€62,464
down €62,464 (-8.3%), from €753,829 to €691,365
of which Other amounts payable: -€31,250
- Other debts +€16,874
up €16,874 (+48.1%), from €35,066 to €51,940
- Gross operating margin +€2,962
up €2,962 (+4.5%), from €65,699 to €68,662
- Taxes +€1,054
new in 2025: €1,054
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 | €1,084,555 | €1,046,055 | -€38,500 | -3.5% |
| Fixed assets | 21/28 | €1,074,605 | €1,030,229 | -€44,376 | -4.1% |
| Tangible fixed assets | 22/27 | €1,074,605 | €1,030,229 | -€44,376 | -4.1% |
| Land and buildings | 22 | €1,069,904 | €1,026,575 | -€43,329 | -4.0% |
| Plant, machinery and equipment | 23 | €4,701 | €3,137 | -€1,565 | -33.3% |
| Furniture and vehicles | 24 | - | €518 | +€518 | |
| Current assets | 29/58 | €9,949 | €15,826 | +€5,876 | +59.1% |
| Cash at bank and in hand | 54/58 | €8,323 | €15,826 | +€7,503 | +90.1% |
| Deferred charges and accrued income | 490/1 | €1,627 | €0 | -€1,627 | -100% |
| Total equity and liabilities | 10/49 | €1,084,555 | €1,046,055 | -€38,500 | -3.5% |
| Equity | 10/15 | €262,024 | €263,991 | +€1,967 | +0.8% |
| Contributions | 10/11 | €260,000 | €260,000 | = | 0.0% |
| Reserves | 13 | - | €1,950 | +€1,950 | |
| Distributable reserves | 133 | - | €1,950 | +€1,950 | |
| Profit (loss) carried forward | 14 | €2,024 | €2,041 | +€17 | +0.8% |
| Amounts payable | 17/49 | €822,531 | €782,064 | -€40,467 | -4.9% |
| Amounts payable after more than one year | 17 | €753,829 | €691,365 | -€62,464 | -8.3% |
| Financial debts | 170/4 | €190,212 | €158,998 | -€31,214 | -16.4% |
| Other amounts payable | 178/9 | €563,617 | €532,367 | -€31,250 | -5.5% |
| Amounts payable within one year | 42/48 | €68,002 | €89,999 | +€21,997 | +32.3% |
| Current portion of amounts payable after more than one year | 42 | €30,573 | €31,214 | +€641 | +2.1% |
| Trade debts | 44 | €2,363 | €6,067 | +€3,704 | +157% |
| Suppliers | 440/4 | €2,363 | €6,067 | +€3,704 | +157% |
| Taxes, remuneration and social security | 45 | - | €778 | +€778 | |
| Taxes | 450/3 | - | €778 | +€778 | |
| Other amounts payable | 47/48 | €35,066 | €51,940 | +€16,874 | +48.1% |
| Accrued charges and deferred income | 492/3 | €700 | €700 | = | 0.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,076 | €50,287 | +€211 | +0.4% |
| Other operating charges | 640/8 | €10,234 | €10,674 | +€440 | +4.3% |
| Gross operating margin | 9900 | €65,699 | €68,662 | +€2,962 | +4.5% |
| Operating profit (loss) | 9901 | €5,389 | €7,701 | +€2,312 | +42.9% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €5,317 | €4,679 | -€638 | -12.0% |
| Recurring financial charges | 65 | €5,317 | €4,679 | -€638 | -12.0% |
| Profit (loss) for the period before taxes | 9903 | €72 | €3,022 | +€2,949 | +4,080% |
| Income taxes | 67/77 | - | €1,054 | +€1,054 | |
| Profit (loss) for the period | 9904 | €72 | €1,967 | +€1,895 | +2,621% |
| Profit (loss) for the period to be appropriated | 9905 | €72 | €1,967 | +€1,895 | +2,621% |
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 19 October 2026 via checked.be.