Frisofina: 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.
What changed
Frisofina
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€358,507
2024 · €1.0m-€1.4m
Equity
€3.8m
2024 · €4.2m-€358,507
Cash
€959,996
2024 · €1.6m-€616,182
Balance sheet total
€17.8m
2024 · €15.6m+€2.2m
Largest movements
Assets
- Financial fixed assets +€1.7m
up €1.7m (+31.2%), from €5.3m to €7.0m
of which Affiliated companies: +€1.7m
- Receivables within one year +€756,165
up €756,165 (+21.6%), from €3.5m to €4.3m
of which Trade receivables: +€642,221
- Cash -€616,182
down €616,182 (-39.1%), from €1.6m to €959,996
mainly Investment in fixed assets (net) (-€2.1m) and Receivables within one year (-€756,165)
- Intangible fixed assets +€243,480
up €243,480 (+7,081%), from €3,438 to €246,918
Equity and liabilities
- Other debts +€2.7m
up €2.7m (+28.0%), from €9.8m to €12.5m
- Profit (loss) carried forward -€358,507
down €358,507 (-9.0%), from €4.0m to €3.6m
- Debts after one year -€340,000
down €340,000 (-50.0%), from €680,000 to €340,000
- Trade debts +€332,253
up €332,253 (+327%), from €101,537 to €433,790
Income statement
- Financial income -€600,383
down €600,383 (-91.2%), from €658,390 to €58,006
- Services and other goods +€420,901
up €420,901 (+89.9%), from €468,441 to €889,343
- Other operating income -€328,377
down €328,377 (-49.9%), from €657,995 to €329,618
- Staff costs +€112,079
up €112,079 (+13.4%), from €833,923 to €946,002
- Taxes -€42,875
down €42,875 (-97.2%), from €44,132 to €1,257
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.
Result 2024
€1.0m
Turnover
+€31,047
Other operating income
-€328,377
Goods and materials
-€3,600
Services and other goods
-€420,901
Staff costs
-€112,079
Depreciation
+€10,345
Other operating charges
-€2,956
Financial income
-€600,383
Financial charges
+€659
Taxes
+€42,875
Result 2025
-€358,507
raises the resultlowers the result
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.
From operations
+€2.0m
Investment
-€2.1m
Financing
-€510,000
Cash 2024
€1.6m
From operations (derived)
+€2.0m
Net result for the year
-€358,507
Depreciation
+€96,423
Receivables within one year
-€756,165
Deferred charges and accrued income
-€36,193
Trade debts
+€332,253
Tax, wage and social debts
-€19,211
Other debts
+€2.7m
Accrued charges and deferred income
-€3,021
Investment (derived)
-€2.1m
Investment in fixed assets (net)
-€2.1m
Financing
-€510,000
Debts after one year
-€340,000
Current portion of long-term debt
-€170,000
Cash 2025
€959,996
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €15,611,473 | €17,798,279 | +€2.2m | +14.0% |
| Fixed assets | 21/28 | €10,445,691 | €12,456,320 | +€2.0m | +19.2% |
| Intangible fixed assets | 21 | €3,438 | €246,918 | +€243,480 | +7,081% |
| Tangible fixed assets | 22/27 | €5,106,972 | €5,208,122 | +€101,150 | +2.0% |
| Land and buildings | 22 | €4,705,990 | €5,204,122 | +€498,132 | +10.6% |
| Assets under construction and advance payments | 27 | €400,982 | €4,000 | -€396,982 | -99.0% |
| Financial fixed assets | 28 | €5,335,281 | €7,001,281 | +€1.7m | +31.2% |
| Affiliated companies | 280/1 | €5,335,281 | €7,001,281 | +€1.7m | +31.2% |
| Participating interests | 280 | €5,335,281 | €7,001,281 | +€1.7m | +31.2% |
| Companies linked by participating interests | 282/3 | €0 | €0 | = | |
| Participating interests | 282 | €0 | €0 | = | |
| Current assets | 29/58 | €5,165,782 | €5,341,959 | +€176,176 | +3.4% |
| Amounts receivable after more than one year | 29 | €6,197 | €6,197 | = | 0.0% |
| Other amounts receivable | 291 | €6,197 | €6,197 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €3,506,422 | €4,262,586 | +€756,165 | +21.6% |
| Trade receivables | 40 | €296,741 | €938,962 | +€642,221 | +216% |
| Other amounts receivable | 41 | €3,209,681 | €3,323,624 | +€113,944 | +3.6% |
| Cash at bank and in hand | 54/58 | €1,576,178 | €959,996 | -€616,182 | -39.1% |
| Deferred charges and accrued income | 490/1 | €76,985 | €113,179 | +€36,193 | +47.0% |
| Total equity and liabilities | 10/49 | €15,611,473 | €17,798,279 | +€2.2m | +14.0% |
| Equity | 10/15 | €4,204,828 | €3,846,321 | -€358,507 | -8.5% |
| 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 | €156,200 | €156,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €150,000 | €150,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,986,628 | €3,628,121 | -€358,507 | -9.0% |
| Provisions and deferred taxes | 16 | €89,433 | €89,433 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €89,433 | €89,433 | = | 0.0% |
| Environmental obligations | 163 | €89,433 | €89,433 | = | 0.0% |
| Amounts payable | 17/49 | €11,317,212 | €13,862,525 | +€2.5m | +22.5% |
| Amounts payable after more than one year | 17 | €680,000 | €340,000 | -€340,000 | -50.0% |
| Financial debts | 170/4 | €680,000 | €340,000 | -€340,000 | -50.0% |
| Credit institutions | 173 | €680,000 | €340,000 | -€340,000 | -50.0% |
| Amounts payable within one year | 42/48 | €10,569,688 | €13,458,022 | +€2.9m | +27.3% |
| Current portion of amounts payable after more than one year | 42 | €510,000 | €340,000 | -€170,000 | -33.3% |
| Trade debts | 44 | €101,537 | €433,790 | +€332,253 | +327% |
| Suppliers | 440/4 | €101,537 | €433,790 | +€332,253 | +327% |
| Taxes, remuneration and social security | 45 | €163,970 | €144,759 | -€19,211 | -11.7% |
| Taxes | 450/3 | €44,132 | - | -€44,132 | |
| Remuneration and social security | 454/9 | €119,838 | €144,759 | +€24,921 | +20.8% |
| Other amounts payable | 47/48 | €9,794,181 | €12,539,473 | +€2.7m | +28.0% |
| Accrued charges and deferred income | 492/3 | €67,524 | €64,503 | -€3,021 | -4.5% |
| Operating income | 70/76A | €1,860,987 | €1,563,657 | -€297,330 | -16.0% |
| Turnover | 70 | €1,202,992 | €1,234,039 | +€31,047 | +2.6% |
| Other operating income | 74 | €657,995 | €329,618 | -€328,377 | -49.9% |
| Operating charges | 60/66A | €1,428,974 | €1,958,164 | +€529,190 | +37.0% |
| Goods for resale, raw materials and consumables | 60 | - | €3,600 | +€3,600 | |
| Purchases | 600/8 | - | €3,600 | +€3,600 | |
| Services and other goods | 61 | €468,441 | €889,343 | +€420,901 | +89.9% |
| Remuneration, social security and pensions | 62 | €833,923 | €946,002 | +€112,079 | +13.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €106,769 | €96,423 | -€10,345 | -9.7% |
| Other operating charges | 640/8 | €19,840 | €22,796 | +€2,956 | +14.9% |
| Operating profit (loss) | 9901 | €432,013 | -€394,507 | -€826,520 | |
| Financial income | 75/76B | €658,390 | €58,006 | -€600,383 | -91.2% |
| Recurring financial income | 75 | €658,390 | €58,006 | -€600,383 | -91.2% |
| Income from financial fixed assets | 750 | €657,771 | €40,526 | -€617,245 | -93.8% |
| Income from current assets | 751 | - | €12,680 | +€12,680 | |
| Other financial income | 752/9 | €619 | €4,800 | +€4,181 | +675% |
| Financial charges | 65/66B | €21,408 | €20,749 | -€659 | -3.1% |
| Recurring financial charges | 65 | €21,408 | €20,749 | -€659 | -3.1% |
| Debt charges | 650 | €18,999 | €17,584 | -€1,415 | -7.5% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | -€375 | - | +€375 | |
| Other financial charges | 652/9 | €2,783 | €3,165 | +€382 | +13.7% |
| Profit (loss) for the period before taxes | 9903 | €1,068,995 | -€357,250 | -€1.4m | |
| Income taxes | 67/77 | €44,132 | €1,257 | -€42,875 | -97.2% |
| Taxes | 670/3 | €44,132 | €1,257 | -€42,875 | -97.2% |
| Profit (loss) for the period | 9904 | €1,024,863 | -€358,507 | -€1.4m | |
| Profit (loss) for the period to be appropriated | 9905 | €1,024,863 | -€358,507 | -€1.4m |
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 27 October 2026 via checked.be.