FRISOFER: 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.
FRISOFER
Largest movements
- Receivables within one year +€2.1m
up €2.1m (+369%), from €574,155 to €2.7m
of which Trade receivables: +€2.1m
- Other debts +€1.9m
up €1.9m (+25,759%), from €7,499 to €1.9m
- Profit (loss) carried forward +€115,391
up €115,391 (+50.6%), from €228,154 to €343,545
- Trade debts +€83,917
up €83,917 (+567%), from €14,800 to €98,717
- Gross operating margin +€135,348
up €135,348 (+7.7%), from €1.8m to €1.9m
- Staff costs +€95,426
up €95,426 (+5.8%), from €1.6m to €1.7m
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 | €574,406 | €2,698,336 | +€2.1m | +370% |
| Fixed assets | 21/28 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €574,406 | €2,698,336 | +€2.1m | +370% |
| Amounts receivable within one year | 40/41 | €574,155 | €2,694,057 | +€2.1m | +369% |
| Trade receivables | 40 | €558,041 | €2,692,804 | +€2.1m | +383% |
| Other amounts receivable | 41 | €16,114 | €1,252 | -€14,862 | -92.2% |
| Cash at bank and in hand | 54/58 | - | €2 | +€2 | |
| Deferred charges and accrued income | 490/1 | €252 | €4,278 | +€4,026 | +1,601% |
| Total equity and liabilities | 10/49 | €574,406 | €2,698,336 | +€2.1m | +370% |
| Equity | 10/15 | €296,354 | €411,745 | +€115,391 | +38.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €228,154 | €343,545 | +€115,391 | +50.6% |
| Amounts payable | 17/49 | €278,052 | €2,286,591 | +€2.0m | +722% |
| Amounts payable within one year | 42/48 | €278,052 | €2,286,591 | +€2.0m | +722% |
| Trade debts | 44 | €14,800 | €98,717 | +€83,917 | +567% |
| Suppliers | 440/4 | €14,800 | €98,717 | +€83,917 | +567% |
| Taxes, remuneration and social security | 45 | €255,753 | €248,647 | -€7,106 | -2.8% |
| Taxes | 450/3 | €36,328 | €32,373 | -€3,956 | -10.9% |
| Remuneration and social security | 454/9 | €219,425 | €216,274 | -€3,150 | -1.4% |
| Other amounts payable | 47/48 | €7,499 | €1,939,227 | +€1.9m | +25,759% |
| Remuneration, social security and pensions | 62 | €1,640,960 | €1,736,386 | +€95,426 | +5.8% |
| Other operating charges | 640/8 | €869 | €895 | +€26 | +3.0% |
| Gross operating margin | 9900 | €1,767,710 | €1,903,058 | +€135,348 | +7.7% |
| Operating profit (loss) | 9901 | €125,881 | €165,777 | +€39,896 | +31.7% |
| Financial charges | 65/66B | €490 | €490 | = | 0.0% |
| Recurring financial charges | 65 | €490 | €490 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €125,392 | €165,287 | +€39,896 | +31.8% |
| Income taxes | 67/77 | €38,467 | €49,896 | +€11,430 | +29.7% |
| Profit (loss) for the period | 9904 | €86,925 | €115,391 | +€28,466 | +32.7% |
| Profit (loss) for the period to be appropriated | 9905 | €86,925 | €115,391 | +€28,466 | +32.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.