FRISCHBAND: 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.
FRISCHBAND
Largest movements
- Tangible fixed assets -€27,865
down €27,865 (-7.1%), from €391,269 to €363,404
of which Land and buildings: -€26,869
- Receivables within one year -€20,063
down €20,063 (-57.1%), from €35,168 to €15,104
of which Trade receivables: -€30,300
- Profit (loss) carried forward -€23,702
down €23,702 (-47.9%), from €49,522 to €25,820
- Debts after one year -€18,136
down €18,136 (-5.5%), from €326,979 to €308,843
- Other debts -€4,879
no longer reported in 2025 (was €4,879)
- Gross operating margin -€19,261
down €19,261 (-48.6%), from €39,617 to €20,356
- Depreciation +€16,698
up €16,698 (+150%), from €11,167 to €27,865
- Financial charges +€8,576
up €8,576 (+151%), from €5,694 to €14,270
- Taxes -€6,007
down €6,007 (-98.6%), from €6,094 to €87
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 | €434,111 | €384,984 | -€49,127 | -11.3% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €391,269 | €363,404 | -€27,865 | -7.1% |
| Tangible fixed assets | 22/27 | €391,269 | €363,404 | -€27,865 | -7.1% |
| Land and buildings | 22 | €390,273 | €363,404 | -€26,869 | -6.9% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €996 | €0 | -€996 | -100% |
| Current assets | 29/58 | €42,842 | €21,580 | -€21,262 | -49.6% |
| Amounts receivable within one year | 40/41 | €35,168 | €15,104 | -€20,063 | -57.1% |
| Trade receivables | 40 | €33,300 | €3,000 | -€30,300 | -91.0% |
| Other amounts receivable | 41 | €1,868 | €12,104 | +€10,237 | +548% |
| Cash at bank and in hand | 54/58 | €7,674 | €6,476 | -€1,198 | -15.6% |
| Total equity and liabilities | 10/49 | €434,111 | €384,984 | -€49,127 | -11.3% |
| Equity | 10/15 | €74,174 | €50,472 | -€23,702 | -32.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €6,053 | €6,053 | = | 0.0% |
| Distributable reserves | 133 | €6,053 | €6,053 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,522 | €25,820 | -€23,702 | -47.9% |
| Amounts payable | 17/49 | €359,936 | €334,512 | -€25,424 | -7.1% |
| Amounts payable after more than one year | 17 | €326,979 | €308,843 | -€18,136 | -5.5% |
| Financial debts | 170/4 | €326,979 | €308,843 | -€18,136 | -5.5% |
| Amounts payable within one year | 42/48 | €32,957 | €25,669 | -€7,289 | -22.1% |
| Current portion of amounts payable after more than one year | 42 | €17,396 | €18,136 | +€740 | +4.3% |
| Trade debts | 44 | €4,595 | €1,358 | -€3,237 | -70.4% |
| Suppliers | 440/4 | €4,595 | €1,358 | -€3,237 | -70.4% |
| Taxes, remuneration and social security | 45 | €6,087 | €6,175 | +€87 | +1.4% |
| Taxes | 450/3 | €6,087 | €6,175 | +€87 | +1.4% |
| Other amounts payable | 47/48 | €4,879 | - | -€4,879 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,167 | €27,865 | +€16,698 | +150% |
| Other operating charges | 640/8 | €1,597 | €1,836 | +€239 | +15.0% |
| Gross operating margin | 9900 | €39,617 | €20,356 | -€19,261 | -48.6% |
| Operating profit (loss) | 9901 | €26,853 | -€9,345 | -€36,198 | |
| Financial income | 75/76B | €24 | €0 | -€24 | -98.5% |
| Recurring financial income | 75 | €24 | €0 | -€24 | -98.5% |
| Financial charges | 65/66B | €5,694 | €14,270 | +€8,576 | +151% |
| Recurring financial charges | 65 | €5,694 | €14,270 | +€8,576 | +151% |
| Profit (loss) for the period before taxes | 9903 | €21,183 | -€23,615 | -€44,798 | |
| Income taxes | 67/77 | €6,094 | €87 | -€6,007 | -98.6% |
| Profit (loss) for the period | 9904 | €15,088 | -€23,702 | -€38,790 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,088 | -€23,702 | -€38,790 |
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 13 October 2026 via checked.be.