FRIPOLE: 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.
FRIPOLE
Largest movements
- Cash +€90,789
up €90,789 (+322.5%), from €28,154 to €118,943
mainly Net result for the year (+€75,565) and Receivables within one year (+€16,696)
- Receivables within one year -€16,696
down €16,696 (-55.3%), from €30,176 to €13,480
of which Trade receivables: -€16,696
- Current investments +€9,000
up €9,000 (+400.0%), from €2,250 to €11,250
- Tangible fixed assets -€6,902
down €6,902 (-15.2%), from €45,473 to €38,572
of which Leasing and similar rights: -€8,948
- Reserves +€75,565
up €75,565 (+236.5%), from €31,945 to €107,511
- Tax, wage and social debts +€9,689
up €9,689 (+53.2%), from €18,196 to €27,885
- Debts after one year -€8,284
down €8,284 (-27.1%), from €30,513 to €22,229
- Gross operating margin +€60,655
up €60,655 (+132.1%), from €45,933 to €106,589
- Taxes +€11,547
up €11,547 (+140.5%), from €8,218 to €19,765
- Depreciation +€5,074
up €5,074 (+105.4%), from €4,813 to €9,887
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 | €107,459 | €184,047 | +€76,588 | +71.3% |
| Fixed assets | 21/28 | €45,473 | €38,572 | -€6,902 | -15.2% |
| Tangible fixed assets | 22/27 | €45,473 | €38,572 | -€6,902 | -15.2% |
| Plant, machinery and equipment | 23 | - | €2,767 | +€2,767 | |
| Furniture and vehicles | 24 | €3,423 | €2,703 | -€721 | -21.0% |
| Leasing and similar rights | 25 | €42,050 | €33,102 | -€8,948 | -21.3% |
| Current assets | 29/58 | €61,986 | €145,476 | +€83,490 | +134.7% |
| Amounts receivable within one year | 40/41 | €30,176 | €13,480 | -€16,696 | -55.3% |
| Trade receivables | 40 | €30,174 | €13,478 | -€16,696 | -55.3% |
| Other amounts receivable | 41 | €2 | €2 | +€0 | +10.3% |
| Current investments | 50/53 | €2,250 | €11,250 | +€9,000 | +400.0% |
| Cash at bank and in hand | 54/58 | €28,154 | €118,943 | +€90,789 | +322.5% |
| Deferred charges and accrued income | 490/1 | €1,406 | €1,803 | +€397 | +28.2% |
| Total equity and liabilities | 10/49 | €107,459 | €184,047 | +€76,588 | +71.3% |
| Equity | 10/15 | €36,945 | €112,511 | +€75,565 | +204.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €31,945 | €107,511 | +€75,565 | +236.5% |
| Distributable reserves | 133 | €31,945 | €107,511 | +€75,565 | +236.5% |
| Amounts payable | 17/49 | €70,514 | €71,537 | +€1,023 | +1.5% |
| Amounts payable after more than one year | 17 | €30,513 | €22,229 | -€8,284 | -27.1% |
| Financial debts | 170/4 | €30,513 | €22,229 | -€8,284 | -27.1% |
| Amounts payable within one year | 42/48 | €40,001 | €49,308 | +€9,307 | +23.3% |
| Current portion of amounts payable after more than one year | 42 | €7,957 | €8,284 | +€327 | +4.1% |
| Trade debts | 44 | €3,270 | €2,955 | -€314 | -9.6% |
| Suppliers | 440/4 | €3,270 | €2,955 | -€314 | -9.6% |
| Taxes, remuneration and social security | 45 | €18,196 | €27,885 | +€9,689 | +53.2% |
| Taxes | 450/3 | €18,196 | €27,885 | +€9,689 | +53.2% |
| Other amounts payable | 47/48 | €10,578 | €10,184 | -€395 | -3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,813 | €9,887 | +€5,074 | +105.4% |
| Other operating charges | 640/8 | - | €178 | +€178 | |
| Gross operating margin | 9900 | €45,933 | €106,589 | +€60,655 | +132.1% |
| Operating profit (loss) | 9901 | €41,121 | €96,524 | +€55,403 | +134.7% |
| Financial income | 75/76B | €40 | €324 | +€283 | +706.0% |
| Recurring financial income | 75 | €40 | €324 | +€283 | +706.0% |
| Financial charges | 65/66B | €997 | €1,517 | +€520 | +52.2% |
| Recurring financial charges | 65 | €997 | €1,517 | +€520 | +52.2% |
| Profit (loss) for the period before taxes | 9903 | €40,164 | €95,330 | +€55,166 | +137.4% |
| Income taxes | 67/77 | €8,218 | €19,765 | +€11,547 | +140.5% |
| Profit (loss) for the period | 9904 | €31,945 | €75,565 | +€43,620 | +136.5% |
| Profit (loss) for the period to be appropriated | 9905 | €31,945 | €75,565 | +€43,620 | +136.5% |
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.