FRITAPAPA GROUP: 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
FRITAPAPA GROUP
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€59,730
2024 · €54,245+€5,486
Equity
€893,746
2024 · €834,016+€59,730
Cash
€19,148
2024 · €43,846-€24,697
Balance sheet total
€4.8m
2024 · €4.5m+€351,846
Largest movements
Assets
- Receivables within one year +€326,168
up €326,168 (+21.5%), from €1.5m to €1.8m
of which Trade receivables: +€207,579
- Intangible fixed assets +€61,118
new in 2025: €61,118
Equity and liabilities
- Other debts +€359,539
up €359,539 (+13.1%), from €2.7m to €3.1m
- Debts after one year -€123,309
down €123,309 (-25.6%), from €481,765 to €358,455
- Trade debts +€78,818
up €78,818 (+33.2%), from €237,380 to €316,198
- Profit (loss) carried forward +€59,730
up €59,730 (+9.4%), from €634,016 to €693,746
Income statement
- Turnover +€141,571
up €141,571 (+13.9%), from €1.0m to €1.2m
- Staff costs +€61,475
up €61,475 (+44.5%), from €138,048 to €199,523
- Purchases and services +€50,587
up €50,587 (+6.0%), from €844,177 to €894,764
- Taxes -€50,525
down €50,525 (-71.6%), from €70,525 to €20,000
- Gross operating margin +€19,695
up €19,695 (+6.3%), from €312,551 to €332,245
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
€54,245
Gross operating margin
+€19,695
Staff costs
-€61,475
Depreciation
-€664
Other operating charges
-€2,702
Financial charges
+€107
Taxes
+€50,525
Result 2025
€59,730
raises the resultlowers the result
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
+€211,500
Investment
-€89,653
Financing
-€146,544
Cash 2024
€43,846
From operations (derived)
+€211,500
Net result for the year
+€59,730
Depreciation
+€34,833
Stocks and contracts
+€1,453
Receivables within one year
-€326,168
Deferred charges and accrued income
+€2,992
Trade debts
+€78,818
Tax, wage and social debts
+€303
Other debts
+€359,539
Investment (derived)
-€89,653
Investment in fixed assets (net)
-€89,653
Financing
-€146,544
Debts after one year
-€123,309
Current portion of long-term debt
-€7,790
Short-term financial debts
-€15,445
Cash 2025
€19,148
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,494,294 | €4,846,140 | +€351,846 | +7.8% |
| Fixed assets | 21/28 | €2,697,771 | €2,752,591 | +€54,820 | +2.0% |
| Intangible fixed assets | 21 | - | €61,118 | +€61,118 | |
| Tangible fixed assets | 22/27 | €77,771 | €57,973 | -€19,798 | -25.5% |
| Plant, machinery and equipment | 23 | €34,762 | €26,704 | -€8,058 | -23.2% |
| Furniture and vehicles | 24 | €43,009 | €31,270 | -€11,740 | -27.3% |
| Financial fixed assets | 28 | €2,620,000 | €2,633,500 | +€13,500 | +0.5% |
| Current assets | 29/58 | €1,796,523 | €2,093,548 | +€297,026 | +16.5% |
| Amounts receivable after more than one year | 29 | €194,000 | €194,000 | = | 0.0% |
| Other amounts receivable | 291 | €194,000 | €194,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €37,308 | €35,855 | -€1,453 | -3.9% |
| Stocks | 30/36 | €37,308 | €35,855 | -€1,453 | -3.9% |
| Amounts receivable within one year | 40/41 | €1,517,957 | €1,844,125 | +€326,168 | +21.5% |
| Trade receivables | 40 | €5,791 | €213,370 | +€207,579 | +3,585% |
| Other amounts receivable | 41 | €1,512,166 | €1,630,755 | +€118,589 | +7.8% |
| Cash at bank and in hand | 54/58 | €43,846 | €19,148 | -€24,697 | -56.3% |
| Deferred charges and accrued income | 490/1 | €3,412 | €421 | -€2,992 | -87.7% |
| Total equity and liabilities | 10/49 | €4,494,294 | €4,846,140 | +€351,846 | +7.8% |
| Equity | 10/15 | €834,016 | €893,746 | +€59,730 | +7.2% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €634,016 | €693,746 | +€59,730 | +9.4% |
| Amounts payable | 17/49 | €3,660,278 | €3,952,394 | +€292,116 | +8.0% |
| Amounts payable after more than one year | 17 | €481,765 | €358,455 | -€123,309 | -25.6% |
| Financial debts | 170/4 | €481,765 | €358,455 | -€123,309 | -25.6% |
| Amounts payable within one year | 42/48 | €3,178,513 | €3,593,938 | +€415,425 | +13.1% |
| Current portion of amounts payable after more than one year | 42 | €141,652 | €133,862 | -€7,790 | -5.5% |
| Financial debts | 43 | €15,862 | €417 | -€15,445 | -97.4% |
| Credit institutions | 430/8 | €15,862 | €417 | -€15,445 | -97.4% |
| Trade debts | 44 | €237,380 | €316,198 | +€78,818 | +33.2% |
| Suppliers | 440/4 | €237,380 | €316,198 | +€78,818 | +33.2% |
| Taxes, remuneration and social security | 45 | €38,827 | €39,129 | +€303 | +0.8% |
| Taxes | 450/3 | €14,848 | €11,750 | -€3,099 | -20.9% |
| Remuneration and social security | 454/9 | €23,978 | €27,380 | +€3,402 | +14.2% |
| Other amounts payable | 47/48 | €2,744,793 | €3,104,332 | +€359,539 | +13.1% |
| Turnover | 70 | €1,016,855 | €1,158,426 | +€141,571 | +13.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €844,177 | €894,764 | +€50,587 | +6.0% |
| Remuneration, social security and pensions | 62 | €138,048 | €199,523 | +€61,475 | +44.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,169 | €34,833 | +€664 | +1.9% |
| Other operating charges | 640/8 | €2,403 | €5,105 | +€2,702 | +112% |
| Gross operating margin | 9900 | €312,551 | €332,245 | +€19,695 | +6.3% |
| Operating profit (loss) | 9901 | €137,931 | €92,785 | -€45,146 | -32.7% |
| Financial charges | 65/66B | €13,162 | €13,055 | -€107 | -0.8% |
| Recurring financial charges | 65 | €13,162 | €13,055 | -€107 | -0.8% |
| Profit (loss) for the period before taxes | 9903 | €124,769 | €79,730 | -€45,039 | -36.1% |
| Income taxes | 67/77 | €70,525 | €20,000 | -€50,525 | -71.6% |
| Profit (loss) for the period | 9904 | €54,245 | €59,730 | +€5,486 | +10.1% |
| Profit (loss) for the period to be appropriated | 9905 | €54,245 | €59,730 | +€5,486 | +10.1% |
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 29 October 2026 via checked.be.