FRISOMAT: 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
FRISOMAT
NACE 25.110, Manufacture of metal structures and parts of structures
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.3m
2024 · €1.9m-€588,351
Equity
€16.8m
2024 · €15.5m+€1.3m
Cash
€529,597
2024 · €324,201+€205,397
Balance sheet total
€29.8m
2024 · €27.3m+€2.5m
Largest movements
Assets
- Receivables within one year +€1.3m
up €1.3m (+15.6%), from €8.2m to €9.4m
of which Other amounts receivable: +€1.7m
- Stocks and contracts +€626,741
up €626,741 (+29.0%), from €2.2m to €2.8m
of which Stocks: +€630,163
- Tangible fixed assets +€606,804
up €606,804 (+18.2%), from €3.3m to €3.9m
of which Land and buildings: +€1.1m
- Receivables after one year -€529,022
down €529,022 (-13.7%), from €3.9m to €3.3m
- Current investments +€342,646
up €342,646 (+5.0%), from €6.8m to €7.2m
Equity and liabilities
- Trade debts +€1.9m
up €1.9m (+51.1%), from €3.7m to €5.5m
- Advances received +€1.4m
up €1.4m (+125%), from €1.1m to €2.5m
- Reserves +€1.3m
up €1.3m (+8.3%), from €15.1m to €16.3m
of which Distributable reserves: +€1.3m
- Short-term financial debts -€1.2m
down €1.2m (-50.0%), from €2.4m to €1.2m
of which Credit institutions: -€1.3m
- Debts after one year -€893,276
down €893,276 (-46.1%), from €1.9m to €1.0m
Income statement
- Financial charges +€1.2m
up €1.2m, from -€225,030 to €939,919
- Turnover +€933,109
up €933,109 (+3.5%), from €27.0m to €27.9m
- Write-downs +€656,519
up €656,519, from -€479,140 to €177,379
- Other operating charges -€478,365
down €478,365 (-78.7%), from €607,637 to €129,272
- Goods and materials -€296,197
down €296,197 (-1.8%), from €16.5m to €16.2m
of which Change in stocks: decrease (increase): -€811,026
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
€1.9m
Turnover
+€933,109
Other operating income
-€58,590
Goods and materials
+€296,197
Services and other goods
+€189,494
Staff costs
-€214,016
Depreciation
-€81,317
Write-downs
-€656,519
Provisions
-€50,000
Other operating charges
+€478,365
Other operating items
-€503,600
Financial income
+€243,935
Financial charges
-€1.2m
Taxes
-€460
Result 2025
€1.3m
raises the resultlowers the resultnot broken down further in the accounts
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
+€4.0m
Investment
-€1.7m
Financing
-€2.1m
Cash 2024
€324,201
From operations (derived)
+€4.0m
Net result for the year
+€1.3m
Depreciation
+€767,648
Receivables after one year
+€529,022
Stocks and contracts
-€626,741
Receivables within one year
-€1.3m
Deferred charges and accrued income
-€6,269
Trade debts
+€1.9m
Tax, wage and social debts
+€12,591
Advances received
+€1.4m
Other debts
+€2,599
Accrued charges and deferred income
+€42,274
Investment (derived)
-€1.7m
Investment in fixed assets (net)
-€1.4m
Current investments
-€342,646
Financing
-€2.1m
Debts after one year
-€893,276
Current portion of long-term debt
+€19,850
Short-term financial debts
-€1.2m
Cash 2025
€529,597
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €27,299,311 | €29,845,890 | +€2.5m | +9.3% |
| Fixed assets | 21/28 | €5,775,762 | €6,399,534 | +€623,771 | +10.8% |
| Intangible fixed assets | 21 | €0 | €16,967 | +€16,967 | |
| Tangible fixed assets | 22/27 | €3,327,959 | €3,934,763 | +€606,804 | +18.2% |
| Land and buildings | 22 | €781,754 | €1,891,243 | +€1.1m | +142% |
| Plant, machinery and equipment | 23 | €1,371,798 | €1,089,729 | -€282,069 | -20.6% |
| Furniture and vehicles | 24 | €606,636 | €724,490 | +€117,854 | +19.4% |
| Other tangible fixed assets | 26 | €41,882 | €41,882 | = | 0.0% |
| Assets under construction and advance payments | 27 | €525,889 | €187,419 | -€338,470 | -64.4% |
| Financial fixed assets | 28 | €2,447,804 | €2,447,804 | = | 0.0% |
| Affiliated companies | 280/1 | €2,437,972 | €2,437,972 | = | 0.0% |
| Participating interests | 280 | €2,437,972 | €2,437,972 | = | 0.0% |
| Other financial fixed assets | 284/8 | €9,832 | €9,832 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €9,832 | €9,832 | = | 0.0% |
| Current assets | 29/58 | €21,523,548 | €23,446,356 | +€1.9m | +8.9% |
| Amounts receivable after more than one year | 29 | €3,863,774 | €3,334,752 | -€529,022 | -13.7% |
| Other amounts receivable | 291 | €3,863,774 | €3,334,752 | -€529,022 | -13.7% |
| Stocks and contracts in progress | 3 | €2,160,611 | €2,787,352 | +€626,741 | +29.0% |
| Stocks | 30/36 | €2,152,161 | €2,782,324 | +€630,163 | +29.3% |
| Raw materials and consumables | 30/31 | €1,757,370 | €2,043,978 | +€286,608 | +16.3% |
| Finished goods | 33 | €394,791 | €738,347 | +€343,555 | +87.0% |
| Contracts in progress | 37 | €8,450 | €5,028 | -€3,423 | -40.5% |
| Amounts receivable within one year | 40/41 | €8,162,414 | €9,433,192 | +€1.3m | +15.6% |
| Trade receivables | 40 | €7,440,282 | €6,983,044 | -€457,238 | -6.1% |
| Other amounts receivable | 41 | €722,132 | €2,450,148 | +€1.7m | +239% |
| Current investments | 50/53 | €6,837,113 | €7,179,759 | +€342,646 | +5.0% |
| Other investments | 51/53 | €6,837,113 | €7,179,759 | +€342,646 | +5.0% |
| Cash at bank and in hand | 54/58 | €324,201 | €529,597 | +€205,397 | +63.4% |
| Deferred charges and accrued income | 490/1 | €175,435 | €181,704 | +€6,269 | +3.6% |
| Total equity and liabilities | 10/49 | €27,299,311 | €29,845,890 | +€2.5m | +9.3% |
| Equity | 10/15 | €15,532,157 | €16,834,322 | +€1.3m | +8.4% |
| Contributions | 10/11 | €330,000 | €330,000 | = | 0.0% |
| Capital | 10 | €330,000 | €330,000 | = | 0.0% |
| Issued capital | 100 | €330,000 | €330,000 | = | 0.0% |
| Reserves | 13 | €15,085,356 | €16,335,356 | +€1.3m | +8.3% |
| Non-distributable reserves | 130/1 | €72,663 | €72,663 | = | 0.0% |
| Legal reserve | 130 | €33,000 | €33,000 | = | 0.0% |
| Other | 1319 | €39,663 | €39,663 | = | 0.0% |
| Tax-exempt reserves | 132 | €262,693 | €262,693 | = | 0.0% |
| Distributable reserves | 133 | €14,750,000 | €16,000,000 | +€1.3m | +8.5% |
| Profit (loss) carried forward | 14 | €116,801 | €168,965 | +€52,165 | +44.7% |
| Provisions and deferred taxes | 16 | €1,048,611 | €1,048,611 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €1,048,611 | €1,048,611 | = | 0.0% |
| Pensions and similar obligations | 160 | €598,611 | €598,611 | = | 0.0% |
| Other liabilities and charges | 164/5 | €450,000 | €450,000 | = | 0.0% |
| Amounts payable | 17/49 | €10,718,543 | €11,962,958 | +€1.2m | +11.6% |
| Amounts payable after more than one year | 17 | €1,935,632 | €1,042,355 | -€893,276 | -46.1% |
| Financial debts | 170/4 | €1,935,632 | €1,042,355 | -€893,276 | -46.1% |
| Credit institutions | 173 | €1,935,632 | €1,042,355 | -€893,276 | -46.1% |
| Amounts payable within one year | 42/48 | €8,274,829 | €10,370,246 | +€2.1m | +25.3% |
| Current portion of amounts payable after more than one year | 42 | €873,427 | €893,276 | +€19,850 | +2.3% |
| Financial debts | 43 | €2,400,000 | €1,200,000 | -€1.2m | -50.0% |
| Credit institutions | 430/8 | €1,250,000 | - | -€1.3m | |
| Other loans | 439 | €1,150,000 | €1,200,000 | +€50,000 | +4.3% |
| Trade debts | 44 | €3,671,059 | €5,548,526 | +€1.9m | +51.1% |
| Suppliers | 440/4 | €3,671,059 | €5,548,526 | +€1.9m | +51.1% |
| Advances received on contracts in progress | 46 | €1,107,052 | €2,489,964 | +€1.4m | +125% |
| Taxes, remuneration and social security | 45 | €217,665 | €230,255 | +€12,591 | +5.8% |
| Taxes | 450/3 | €6,047 | €10,281 | +€4,234 | +70.0% |
| Remuneration and social security | 454/9 | €211,617 | €219,974 | +€8,357 | +3.9% |
| Other amounts payable | 47/48 | €5,626 | €8,225 | +€2,599 | +46.2% |
| Accrued charges and deferred income | 492/3 | €508,082 | €550,356 | +€42,274 | +8.3% |
| Operating income | 70/76A | €28,244,675 | €28,615,593 | +€370,918 | +1.3% |
| Turnover | 70 | €26,961,289 | €27,894,397 | +€933,109 | +3.5% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€6,500 | -€3,423 | +€3,077 | +47.3% |
| Own construction capitalised | 72 | €40,052 | - | -€40,052 | |
| Other operating income | 74 | €783,208 | €724,618 | -€58,590 | -7.5% |
| Non-recurring operating income | 76A | €466,625 | - | -€466,625 | |
| Operating charges | 60/66A | €27,602,470 | €27,640,266 | +€37,795 | +0.1% |
| Goods for resale, raw materials and consumables | 60 | €16,490,857 | €16,194,660 | -€296,197 | -1.8% |
| Purchases | 600/8 | €15,987,374 | €16,502,202 | +€514,829 | +3.2% |
| Change in stocks: decrease (increase) | 609 | €503,483 | -€307,542 | -€811,026 | |
| Services and other goods | 61 | €8,701,806 | €8,512,312 | -€189,494 | -2.2% |
| Remuneration, social security and pensions | 62 | €1,644,979 | €1,858,994 | +€214,016 | +13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €686,331 | €767,648 | +€81,317 | +11.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€479,140 | €177,379 | +€656,519 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€50,000 | - | +€50,000 | |
| Other operating charges | 640/8 | €607,637 | €129,272 | -€478,365 | -78.7% |
| Operating profit (loss) | 9901 | €642,204 | €975,327 | +€333,123 | +51.9% |
| Financial income | 75/76B | €1,025,869 | €1,269,803 | +€243,935 | +23.8% |
| Recurring financial income | 75 | €1,025,869 | €1,269,803 | +€243,935 | +23.8% |
| Income from financial fixed assets | 750 | €795,953 | €895,078 | +€99,125 | +12.5% |
| Income from current assets | 751 | €159,534 | €320,379 | +€160,845 | +101% |
| Other financial income | 752/9 | €70,382 | €54,346 | -€16,035 | -22.8% |
| Financial charges | 65/66B | -€225,030 | €939,919 | +€1.2m | |
| Recurring financial charges | 65 | -€225,030 | €939,919 | +€1.2m | |
| Debt charges | 650 | €163,293 | €221,930 | +€58,637 | +35.9% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | -€428,340 | €652,852 | +€1.1m | |
| Other financial charges | 652/9 | €40,017 | €65,136 | +€25,120 | +62.8% |
| Profit (loss) for the period before taxes | 9903 | €1,893,103 | €1,305,212 | -€587,891 | -31.1% |
| Income taxes | 67/77 | €2,587 | €3,047 | +€460 | +17.8% |
| Taxes | 670/3 | €25,149 | €3,047 | -€22,102 | -87.9% |
| Tax adjustments and reversals of tax provisions | 77 | €22,562 | - | -€22,562 | |
| Profit (loss) for the period | 9904 | €1,890,516 | €1,302,165 | -€588,351 | -31.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,890,516 | €1,302,165 | -€588,351 | -31.1% |
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 16 October 2026 via checked.be.