FRIT'CITY: 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.
FRIT'CITY
Largest movements
- Receivables within one year +€124,415
up €124,415 (+17.9%), from €696,962 to €821,377
- Tangible fixed assets -€36,040
down €36,040 (-8.7%), from €413,413 to €377,373
of which Furniture and vehicles: -€22,689
- Cash +€22,377
up €22,377 (+73.0%), from €30,633 to €53,010
mainly Net result for the year (+€89,495) and Depreciation (+€52,315)
- Reserves +€89,490
up €89,490 (+39.6%), from €226,270 to €315,760
of which Distributable reserves: +€89,490
- Tax, wage and social debts +€50,108
up €50,108 (+51.4%), from €97,446 to €147,554
of which Taxes: +€62,836
- Trade debts -€39,547
down €39,547 (-48.4%), from €81,738 to €42,191
- Gross operating margin -€66,179
down €66,179 (-15.3%), from €433,588 to €367,409
- Taxes -€21,253
down €21,253 (-32.1%), from €66,311 to €45,058
- Financial income +€5,003
up €5,003 (+26.9%), from €18,604 to €23,606
- Financial charges +€4,773
up €4,773 (+91.8%), from €5,201 to €9,974
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 | €1,149,143 | €1,261,375 | +€112,232 | +9.8% |
| Fixed assets | 21/28 | €413,783 | €377,959 | -€35,824 | -8.7% |
| Tangible fixed assets | 22/27 | €413,413 | €377,373 | -€36,040 | -8.7% |
| Land and buildings | 22 | €85,674 | €80,086 | -€5,587 | -6.5% |
| Plant, machinery and equipment | 23 | €210,367 | €202,603 | -€7,764 | -3.7% |
| Furniture and vehicles | 24 | €117,372 | €94,683 | -€22,689 | -19.3% |
| Financial fixed assets | 28 | €370 | €586 | +€216 | +58.4% |
| Current assets | 29/58 | €735,360 | €883,416 | +€148,056 | +20.1% |
| Stocks and contracts in progress | 3 | €7,125 | €6,750 | -€375 | -5.3% |
| Stocks | 30/36 | €7,125 | €6,750 | -€375 | -5.3% |
| Amounts receivable within one year | 40/41 | €696,962 | €821,377 | +€124,415 | +17.9% |
| Other amounts receivable | 41 | €696,962 | €821,377 | +€124,415 | +17.9% |
| Cash at bank and in hand | 54/58 | €30,633 | €53,010 | +€22,377 | +73.0% |
| Deferred charges and accrued income | 490/1 | €640 | €2,279 | +€1,639 | +256% |
| Total equity and liabilities | 10/49 | €1,149,143 | €1,261,375 | +€112,232 | +9.8% |
| Equity | 10/15 | €805,721 | €895,216 | +€89,495 | +11.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Capital | 10 | €20,000 | €20,000 | = | 0.0% |
| Issued capital | 100 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €226,270 | €315,760 | +€89,490 | +39.6% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Legal reserve | 130 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €224,270 | €313,760 | +€89,490 | +39.9% |
| Profit (loss) carried forward | 14 | €559,451 | €559,456 | +€5 | 0.0% |
| Amounts payable | 17/49 | €343,422 | €366,159 | +€22,737 | +6.6% |
| Amounts payable after more than one year | 17 | €105,669 | €106,025 | +€356 | +0.3% |
| Financial debts | 170/4 | €105,669 | €106,025 | +€356 | +0.3% |
| Amounts payable within one year | 42/48 | €237,753 | €260,134 | +€22,381 | +9.4% |
| Current portion of amounts payable after more than one year | 42 | €58,569 | €70,389 | +€11,820 | +20.2% |
| Trade debts | 44 | €81,738 | €42,191 | -€39,547 | -48.4% |
| Suppliers | 440/4 | €81,738 | €42,191 | -€39,547 | -48.4% |
| Taxes, remuneration and social security | 45 | €97,446 | €147,554 | +€50,108 | +51.4% |
| Taxes | 450/3 | €74,141 | €136,976 | +€62,836 | +84.8% |
| Remuneration and social security | 454/9 | €23,305 | €10,578 | -€12,727 | -54.6% |
| Non-recurring operating income | 76A | €2,604 | €5,211 | +€2,608 | +100% |
| Remuneration, social security and pensions | 62 | €190,099 | €188,996 | -€1,103 | -0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,385 | €52,315 | +€1,930 | +3.8% |
| Other operating charges | 640/8 | €6,884 | €5,176 | -€1,708 | -24.8% |
| Gross operating margin | 9900 | €433,588 | €367,409 | -€66,179 | -15.3% |
| Operating profit (loss) | 9901 | €186,220 | €120,921 | -€65,299 | -35.1% |
| Financial income | 75/76B | €18,604 | €23,606 | +€5,003 | +26.9% |
| Recurring financial income | 75 | €18,604 | €23,606 | +€5,003 | +26.9% |
| Financial charges | 65/66B | €5,201 | €9,974 | +€4,773 | +91.8% |
| Recurring financial charges | 65 | €5,201 | €9,974 | +€4,773 | +91.8% |
| Profit (loss) for the period before taxes | 9903 | €199,622 | €134,553 | -€65,069 | -32.6% |
| Income taxes | 67/77 | €66,311 | €45,058 | -€21,253 | -32.1% |
| Profit (loss) for the period | 9904 | €133,311 | €89,495 | -€43,816 | -32.9% |
| Profit (loss) for the period to be appropriated | 9905 | €133,311 | €89,495 | -€43,816 | -32.9% |
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 14 October 2026 via checked.be.