Frit-Style: 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-Style
Largest movements
- Cash +€157,176
up €157,176 (+832498.1%), from €19 to €157,195
mainly Investment in fixed assets (net) (+€88,763) and Net result for the year (+€47,502)
- Tangible fixed assets -€88,763
no longer reported in 2025 (was €88,763)
of which Land and buildings: -€88,718
- Deferred charges and accrued income -€20,140
no longer reported in 2025 (was €20,140)
- Receivables within one year +€14,502
up €14,502 (+5.3%), from €275,888 to €290,390
of which Trade receivables: +€289,489
- Reserves +€47,502
up €47,502 (+12.9%), from €369,589 to €417,091
of which Distributable reserves: +€47,502
- Tax, wage and social debts +€13,446
up €13,446 (+153.4%), from €8,764 to €22,210
- Gross operating margin +€34,550
up €34,550 (+88.2%), from €39,158 to €73,708
- Taxes +€17,995
up €17,995 (+289.6%), from €6,215 to €24,210
- Depreciation -€11,351
no longer reported in 2025 (was €11,351)
- Financial charges -€2,422
down €2,422 (-91.2%), from €2,655 to €234
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 | €384,809 | €447,584 | +€62,775 | +16.3% |
| Fixed assets | 21/28 | €88,763 | - | -€88,763 | |
| Tangible fixed assets | 22/27 | €88,763 | - | -€88,763 | |
| Land and buildings | 22 | €88,718 | - | -€88,718 | |
| Furniture and vehicles | 24 | €45 | - | -€45 | |
| Current assets | 29/58 | €296,046 | €447,584 | +€151,538 | +51.2% |
| Amounts receivable within one year | 40/41 | €275,888 | €290,390 | +€14,502 | +5.3% |
| Trade receivables | 40 | €781 | €290,270 | +€289,489 | +37077.8% |
| Other amounts receivable | 41 | €275,107 | €120 | -€274,987 | -100.0% |
| Cash at bank and in hand | 54/58 | €19 | €157,195 | +€157,176 | +832498.1% |
| Deferred charges and accrued income | 490/1 | €20,140 | - | -€20,140 | |
| Total equity and liabilities | 10/49 | €384,809 | €447,584 | +€62,775 | +16.3% |
| Equity | 10/15 | €375,789 | €423,291 | +€47,502 | +12.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €369,589 | €417,091 | +€47,502 | +12.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,575 | €1,575 | = | 0.0% |
| Distributable reserves | 133 | €366,155 | €413,657 | +€47,502 | +13.0% |
| Amounts payable | 17/49 | €9,020 | €24,293 | +€15,273 | +169.3% |
| Amounts payable within one year | 42/48 | €9,020 | €24,293 | +€15,273 | +169.3% |
| Financial debts | 43 | - | €673 | +€673 | |
| Credit institutions | 430/8 | - | €673 | +€673 | |
| Trade debts | 44 | €255 | €1,410 | +€1,154 | +452.3% |
| Suppliers | 440/4 | €255 | €1,410 | +€1,154 | +452.3% |
| Taxes, remuneration and social security | 45 | €8,764 | €22,210 | +€13,446 | +153.4% |
| Taxes | 450/3 | €8,764 | €22,210 | +€13,446 | +153.4% |
| Non-recurring operating income | 76A | €10,125 | €68,548 | +€58,424 | +577.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,351 | - | -€11,351 | |
| Other operating charges | 640/8 | €1,781 | €1,762 | -€19 | -1.1% |
| Gross operating margin | 9900 | €39,158 | €73,708 | +€34,550 | +88.2% |
| Operating profit (loss) | 9901 | €26,026 | €71,946 | +€45,920 | +176.4% |
| Financial charges | 65/66B | €2,655 | €234 | -€2,422 | -91.2% |
| Recurring financial charges | 65 | €2,655 | €234 | -€2,422 | -91.2% |
| Profit (loss) for the period before taxes | 9903 | €23,370 | €71,712 | +€48,342 | +206.9% |
| Income taxes | 67/77 | €6,215 | €24,210 | +€17,995 | +289.6% |
| Profit (loss) for the period | 9904 | €17,156 | €47,502 | +€30,346 | +176.9% |
| Profit (loss) for the period to be appropriated | 9905 | €17,156 | €47,502 | +€30,346 | +176.9% |
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 7 October 2026 via checked.be.