FRIT-NESS: what changed
Two fiscal 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-NESS
Largest movements
- Tangible fixed assets +€27,099
up €27,099 (+42.9%), from €63,158 to €90,257
of which Furniture and vehicles: +€42,431
- Cash +€10,595
up €10,595 (+6.2%), from €169,831 to €180,426
mainly Net result for the year (+€50,741) and Depreciation (+€28,873)
- Stocks and contracts +€7,973
up €7,973 (+189.9%), from €4,199 to €12,172
- Reserves +€50,741
up €50,741 (+32.0%), from €158,330 to €209,071
- Other debts -€15,743
down €15,743 (-50.7%), from €31,032 to €15,289
- Tax, wage and social debts +€12,852
up €12,852 (+39.1%), from €32,880 to €45,733
of which Remuneration and social security: +€10,800
- Gross operating margin +€27,468
up €27,468 (+36.7%), from €74,773 to €102,241
- Depreciation +€8,235
up €8,235 (+39.9%), from €20,638 to €28,873
- Taxes +€3,492
up €3,492 (+23.5%), from €14,861 to €18,353
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.
Cash bridge derived
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 | €246,885 | €295,304 | +€48,419 | +19.6% |
| Fixed assets | 21/28 | €71,508 | €98,607 | +€27,099 | +37.9% |
| Tangible fixed assets | 22/27 | €63,158 | €90,257 | +€27,099 | +42.9% |
| Plant, machinery and equipment | 23 | €47,014 | €33,523 | -€13,491 | -28.7% |
| Furniture and vehicles | 24 | €228 | €42,659 | +€42,431 | +18620.7% |
| Other tangible fixed assets | 26 | €15,916 | €14,075 | -€1,841 | -11.6% |
| Financial fixed assets | 28 | €8,350 | €8,350 | = | 0.0% |
| Current assets | 29/58 | €175,377 | €196,696 | +€21,320 | +12.2% |
| Stocks and contracts in progress | 3 | €4,199 | €12,172 | +€7,973 | +189.9% |
| Stocks | 30/36 | €4,199 | €12,172 | +€7,973 | +189.9% |
| Amounts receivable within one year | 40/41 | €1,346 | €3,923 | +€2,577 | +191.4% |
| Trade receivables | 40 | €885 | €767 | -€118 | -13.3% |
| Other amounts receivable | 41 | €461 | €3,156 | +€2,695 | +584.3% |
| Cash at bank and in hand | 54/58 | €169,831 | €180,426 | +€10,595 | +6.2% |
| Deferred charges and accrued income | 490/1 | - | €175 | +€175 | |
| Total equity and liabilities | 10/49 | €246,885 | €295,304 | +€48,419 | +19.6% |
| Equity | 10/15 | €176,930 | €227,671 | +€50,741 | +28.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €158,330 | €209,071 | +€50,741 | +32.0% |
| Distributable reserves | 133 | €158,330 | €209,071 | +€50,741 | +32.0% |
| Amounts payable | 17/49 | €69,955 | €67,633 | -€2,322 | -3.3% |
| Amounts payable within one year | 42/48 | €69,955 | €67,633 | -€2,322 | -3.3% |
| Trade debts | 44 | €6,043 | €6,611 | +€568 | +9.4% |
| Suppliers | 440/4 | €6,043 | €6,611 | +€568 | +9.4% |
| Taxes, remuneration and social security | 45 | €32,880 | €45,733 | +€12,852 | +39.1% |
| Taxes | 450/3 | €8,880 | €10,933 | +€2,052 | +23.1% |
| Remuneration and social security | 454/9 | €24,000 | €34,800 | +€10,800 | +45.0% |
| Other amounts payable | 47/48 | €31,032 | €15,289 | -€15,743 | -50.7% |
| Non-recurring operating income | 76A | - | €16,442 | +€16,442 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,638 | €28,873 | +€8,235 | +39.9% |
| Other operating charges | 640/8 | €2,553 | €2,492 | -€62 | -2.4% |
| Gross operating margin | 9900 | €74,773 | €102,241 | +€27,468 | +36.7% |
| Operating profit (loss) | 9901 | €51,582 | €70,877 | +€19,295 | +37.4% |
| Financial income | 75/76B | - | €46 | +€46 | |
| Recurring financial income | 75 | - | €46 | +€46 | |
| Financial charges | 65/66B | €2,660 | €1,828 | -€832 | -31.3% |
| Recurring financial charges | 65 | €2,660 | €1,828 | -€832 | -31.3% |
| Profit (loss) for the period before taxes | 9903 | €48,922 | €69,094 | +€20,173 | +41.2% |
| Income taxes | 67/77 | €14,861 | €18,353 | +€3,492 | +23.5% |
| Profit (loss) for the period | 9904 | €34,061 | €50,741 | +€16,680 | +49.0% |
| Profit (loss) for the period to be appropriated | 9905 | €34,061 | €50,741 | +€16,680 | +49.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.