FRISON et FILS: 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.
FRISON et FILS
Largest movements
- Tangible fixed assets -€14,764
down €14,764 (-6.1%), from €242,230 to €227,466
of which Land and buildings: -€12,330
- Other debts +€33,705
up €33,705 (+64.6%), from €52,159 to €85,864
- Profit (loss) carried forward -€16,881
down €16,881 (-15.5%), from -€109,044 to -€125,925
- Reserves -€13,738
down €13,738 (-11.2%), from €123,050 to €109,312
of which Non-distributable reserves: -€116,770
- Short-term financial debts -€10,516
no longer reported in 2025 (was €10,516)
- Debts after one year -€9,774
down €9,774 (-9.7%), from €100,580 to €90,806
- Gross operating margin +€6,003
up €6,003 (+35.1%), from -€17,097 to -€11,094
- Other operating charges +€3,993
up €3,993 (+2,420%), from €165 to €4,158
- Taxes +€2,689
new in 2025: €2,689
- Financial charges -€557
down €557 (-18.3%), from €3,051 to €2,493
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 | €250,842 | €232,232 | -€18,610 | -7.4% |
| Fixed assets | 21/28 | €242,401 | €227,636 | -€14,764 | -6.1% |
| Tangible fixed assets | 22/27 | €242,230 | €227,466 | -€14,764 | -6.1% |
| Land and buildings | 22 | €224,646 | €212,316 | -€12,330 | -5.5% |
| Plant, machinery and equipment | 23 | €17,584 | €15,150 | -€2,434 | -13.8% |
| Financial fixed assets | 28 | €170 | €170 | = | 0.0% |
| Current assets | 29/58 | €8,441 | €4,595 | -€3,846 | -45.6% |
| Amounts receivable within one year | 40/41 | €6,444 | €4,344 | -€2,100 | -32.6% |
| Other amounts receivable | 41 | €6,444 | €4,344 | -€2,100 | -32.6% |
| Cash at bank and in hand | 54/58 | €1,997 | €251 | -€1,746 | -87.4% |
| Total equity and liabilities | 10/49 | €250,842 | €232,232 | -€18,610 | -7.4% |
| Equity | 10/15 | €39,006 | €8,388 | -€30,619 | -78.5% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €123,050 | €109,312 | -€13,738 | -11.2% |
| Non-distributable reserves | 130/1 | €119,270 | €2,500 | -€116,770 | -97.9% |
| Reserves not available under the articles | 1311 | €119,270 | €2,500 | -€116,770 | -97.9% |
| Tax-exempt reserves | 132 | €1,600 | €104,632 | +€103,032 | +6,440% |
| Distributable reserves | 133 | €2,180 | €2,180 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€109,044 | -€125,925 | -€16,881 | -15.5% |
| Provisions and deferred taxes | 16 | €38,923 | €34,344 | -€4,579 | -11.8% |
| Deferred taxes | 168 | €38,923 | €34,344 | -€4,579 | -11.8% |
| Amounts payable | 17/49 | €172,912 | €189,500 | +€16,588 | +9.6% |
| Amounts payable after more than one year | 17 | €100,580 | €90,806 | -€9,774 | -9.7% |
| Financial debts | 170/4 | €100,580 | €90,806 | -€9,774 | -9.7% |
| Amounts payable within one year | 42/48 | €72,332 | €98,694 | +€26,362 | +36.4% |
| Current portion of amounts payable after more than one year | 42 | €9,657 | €9,774 | +€117 | +1.2% |
| Financial debts | 43 | €10,516 | - | -€10,516 | |
| Credit institutions | 430/8 | €10,516 | - | -€10,516 | |
| Trade debts | 44 | - | €3,055 | +€3,055 | |
| Suppliers | 440/4 | - | €3,055 | +€3,055 | |
| Other amounts payable | 47/48 | €52,159 | €85,864 | +€33,705 | +64.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,879 | €14,764 | -€115 | -0.8% |
| Other operating charges | 640/8 | €165 | €4,158 | +€3,993 | +2,420% |
| Gross operating margin | 9900 | -€17,097 | -€11,094 | +€6,003 | +35.1% |
| Operating profit (loss) | 9901 | -€32,141 | -€30,016 | +€2,125 | +6.6% |
| Financial charges | 65/66B | €3,051 | €2,493 | -€557 | -18.3% |
| Recurring financial charges | 65 | €3,051 | €2,493 | -€557 | -18.3% |
| Profit (loss) for the period before taxes | 9903 | -€35,192 | -€32,509 | +€2,683 | +7.6% |
| Transfer from deferred taxes | 780 | - | €4,579 | +€4,579 | |
| Income taxes | 67/77 | - | €2,689 | +€2,689 | |
| Profit (loss) for the period | 9904 | -€35,192 | -€30,619 | +€4,573 | +13.0% |
| Transfer from tax-exempt reserves | 789 | - | €13,738 | +€13,738 | |
| Profit (loss) for the period to be appropriated | 9905 | -€35,192 | -€16,881 | +€18,311 | +52.0% |
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 18 October 2026 via checked.be.