FRISELE: 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.
FRISELE
Largest movements
- Cash +€119,572
up €119,572 (+356.3%), from €33,559 to €153,131
mainly Current investments (+€90,000) and Net result for the year (+€26,504)
- Current investments -€90,000
no longer reported in 2025 (was €90,000)
- Tangible fixed assets -€18,417
down €18,417 (-18.8%), from €97,767 to €79,350
of which Furniture and vehicles: -€12,158
- Receivables within one year +€10,456
up €10,456 (+42.0%), from €24,894 to €35,350
of which Trade receivables: +€10,809
- Reserves +€18,182
up €18,182 (+47.6%), from €38,224 to €56,405
- Debts after one year -€12,750
down €12,750 (-59.5%), from €21,423 to €8,673
- Trade debts +€9,270
up €9,270 (+48.7%), from €19,016 to €28,286
- Profit (loss) carried forward +€8,323
up €8,323 (+6.7%), from €124,665 to €132,988
- Accrued charges and deferred income +€5,000
new in 2025: €5,000
- Turnover +€5,675
up €5,675 (+1.6%), from €354,056 to €359,730
- Staff costs +€5,464
up €5,464 (+8.6%), from €63,878 to €69,342
- Gross operating margin +€3,664
up €3,664 (+2.8%), from €131,424 to €135,088
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 | €248,284 | €268,926 | +€20,642 | +8.3% |
| Fixed assets | 21/28 | €98,578 | €79,557 | -€19,021 | -19.3% |
| Intangible fixed assets | 21 | €604 | - | -€604 | |
| Tangible fixed assets | 22/27 | €97,767 | €79,350 | -€18,417 | -18.8% |
| Land and buildings | 22 | €10,263 | €8,872 | -€1,391 | -13.6% |
| Plant, machinery and equipment | 23 | €42,277 | €37,409 | -€4,868 | -11.5% |
| Furniture and vehicles | 24 | €45,227 | €33,069 | -€12,158 | -26.9% |
| Financial fixed assets | 28 | €207 | €207 | = | 0.0% |
| Current assets | 29/58 | €149,706 | €189,369 | +€39,663 | +26.5% |
| Stocks and contracts in progress | 3 | €1,253 | €888 | -€365 | -29.2% |
| Stocks | 30/36 | €1,253 | €888 | -€365 | -29.2% |
| Amounts receivable within one year | 40/41 | €24,894 | €35,350 | +€10,456 | +42.0% |
| Trade receivables | 40 | €20,510 | €31,320 | +€10,809 | +52.7% |
| Other amounts receivable | 41 | €4,384 | €4,031 | -€353 | -8.1% |
| Current investments | 50/53 | €90,000 | - | -€90,000 | |
| Cash at bank and in hand | 54/58 | €33,559 | €153,131 | +€119,572 | +356.3% |
| Total equity and liabilities | 10/49 | €248,284 | €268,926 | +€20,642 | +8.3% |
| Equity | 10/15 | €169,089 | €195,593 | +€26,504 | +15.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €38,224 | €56,405 | +€18,182 | +47.6% |
| Distributable reserves | 133 | €38,224 | €56,405 | +€18,182 | +47.6% |
| Profit (loss) carried forward | 14 | €124,665 | €132,988 | +€8,323 | +6.7% |
| Amounts payable | 17/49 | €79,195 | €73,333 | -€5,862 | -7.4% |
| Amounts payable after more than one year | 17 | €21,423 | €8,673 | -€12,750 | -59.5% |
| Financial debts | 170/4 | €21,423 | €8,673 | -€12,750 | -59.5% |
| Amounts payable within one year | 42/48 | €57,772 | €59,660 | +€1,888 | +3.3% |
| Current portion of amounts payable after more than one year | 42 | €17,571 | €12,750 | -€4,821 | -27.4% |
| Trade debts | 44 | €19,016 | €28,286 | +€9,270 | +48.7% |
| Suppliers | 440/4 | €19,016 | €28,286 | +€9,270 | +48.7% |
| Taxes, remuneration and social security | 45 | €21,185 | €18,624 | -€2,562 | -12.1% |
| Taxes | 450/3 | €16,901 | €15,885 | -€1,016 | -6.0% |
| Remuneration and social security | 454/9 | €4,284 | €2,739 | -€1,546 | -36.1% |
| Accrued charges and deferred income | 492/3 | - | €5,000 | +€5,000 | |
| Turnover | 70 | €354,056 | €359,730 | +€5,675 | +1.6% |
| Non-recurring operating income | 76A | €2,340 | €2,190 | -€149 | -6.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €224,971 | €226,833 | +€1,861 | +0.8% |
| Remuneration, social security and pensions | 62 | €63,878 | €69,342 | +€5,464 | +8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,873 | €22,182 | +€310 | +1.4% |
| Other operating charges | 640/8 | €1,786 | €1,710 | -€75 | -4.2% |
| Non-recurring operating charges | 66A | - | €5,000 | +€5,000 | |
| Gross operating margin | 9900 | €131,424 | €135,088 | +€3,664 | +2.8% |
| Operating profit (loss) | 9901 | €43,888 | €36,853 | -€7,034 | -16.0% |
| Financial income | 75/76B | €1,804 | €2,212 | +€408 | +22.6% |
| Recurring financial income | 75 | €1,804 | €2,212 | +€408 | +22.6% |
| Financial charges | 65/66B | €2,293 | €2,312 | +€19 | +0.8% |
| Recurring financial charges | 65 | €2,293 | €2,312 | +€19 | +0.8% |
| Profit (loss) for the period before taxes | 9903 | €43,398 | €36,753 | -€6,645 | -15.3% |
| Income taxes | 67/77 | €11,762 | €10,249 | -€1,513 | -12.9% |
| Profit (loss) for the period | 9904 | €31,636 | €26,504 | -€5,132 | -16.2% |
| Profit (loss) for the period to be appropriated | 9905 | €31,636 | €26,504 | -€5,132 | -16.2% |
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.