FRITAPAPA MLT: 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.
FRITAPAPA MLT
Largest movements
- Intangible fixed assets -€35,000
down €35,000 (-12.3%), from €285,658 to €250,658
- Cash +€34,326
up €34,326 (+107%), from €32,049 to €66,376
mainly Depreciation (+€51,863) and Net result for the year (+€39,932)
- Profit (loss) carried forward +€39,932
up €39,932, from -€34,106 to €5,826
- Other debts -€16,500
down €16,500 (-5.8%), from €286,000 to €269,500
- Debts after one year -€15,065
down €15,065 (-35.3%), from €42,687 to €27,622
- Trade debts -€10,902
down €10,902 (-17.6%), from €61,798 to €50,896
- Turnover -€742,531
no longer reported in 2025 (was €742,531)
- Purchases and services -€484,985
no longer reported in 2025 (was €484,985)
- Gross operating margin +€44,890
up €44,890 (+16.8%), from €267,315 to €312,205
- Staff costs -€12,105
down €12,105 (-5.4%), from €225,566 to €213,461
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 | €424,589 | €423,857 | -€732 | -0.2% |
| Fixed assets | 21/28 | €379,902 | €343,549 | -€36,353 | -9.6% |
| Intangible fixed assets | 21 | €285,658 | €250,658 | -€35,000 | -12.3% |
| Tangible fixed assets | 22/27 | €94,245 | €92,891 | -€1,353 | -1.4% |
| Land and buildings | 22 | €1,266 | €8,032 | +€6,766 | +534% |
| Plant, machinery and equipment | 23 | €92,978 | €84,859 | -€8,119 | -8.7% |
| Current assets | 29/58 | €44,687 | €80,308 | +€35,621 | +79.7% |
| Stocks and contracts in progress | 3 | €9,793 | €10,520 | +€727 | +7.4% |
| Stocks | 30/36 | €9,793 | €10,520 | +€727 | +7.4% |
| Amounts receivable within one year | 40/41 | €245 | €3,412 | +€3,167 | +1,292% |
| Trade receivables | 40 | - | €3,412 | +€3,412 | |
| Other amounts receivable | 41 | €245 | - | -€245 | |
| Cash at bank and in hand | 54/58 | €32,049 | €66,376 | +€34,326 | +107% |
| Deferred charges and accrued income | 490/1 | €2,600 | - | -€2,600 | |
| Total equity and liabilities | 10/49 | €424,589 | €423,857 | -€732 | -0.2% |
| Equity | 10/15 | -€14,106 | €25,826 | +€39,932 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,106 | €5,826 | +€39,932 | |
| Amounts payable | 17/49 | €438,695 | €398,031 | -€40,665 | -9.3% |
| Amounts payable after more than one year | 17 | €42,687 | €27,622 | -€15,065 | -35.3% |
| Financial debts | 170/4 | €42,687 | €27,622 | -€15,065 | -35.3% |
| Amounts payable within one year | 42/48 | €396,009 | €370,409 | -€25,600 | -6.5% |
| Current portion of amounts payable after more than one year | 42 | €21,648 | €19,636 | -€2,012 | -9.3% |
| Trade debts | 44 | €61,798 | €50,896 | -€10,902 | -17.6% |
| Suppliers | 440/4 | €61,798 | €50,896 | -€10,902 | -17.6% |
| Taxes, remuneration and social security | 45 | €26,563 | €30,377 | +€3,814 | +14.4% |
| Taxes | 450/3 | €2,195 | €8,281 | +€6,086 | +277% |
| Remuneration and social security | 454/9 | €24,369 | €22,097 | -€2,272 | -9.3% |
| Other amounts payable | 47/48 | €286,000 | €269,500 | -€16,500 | -5.8% |
| Turnover | 70 | €742,531 | - | -€742,531 | |
| Non-recurring operating income | 76A | €2,245 | - | -€2,245 | |
| Goods, raw materials, services and sundry goods | 60/61 | €484,985 | - | -€484,985 | |
| Remuneration, social security and pensions | 62 | €225,566 | €213,461 | -€12,105 | -5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,511 | €51,863 | +€3,353 | +6.9% |
| Other operating charges | 640/8 | €3,166 | €1,390 | -€1,776 | -56.1% |
| Gross operating margin | 9900 | €267,315 | €312,205 | +€44,890 | +16.8% |
| Operating profit (loss) | 9901 | -€9,928 | €45,491 | +€55,419 | |
| Financial income | 75/76B | - | €233 | +€233 | |
| Recurring financial income | 75 | - | €233 | +€233 | |
| Financial charges | 65/66B | €7,074 | €5,791 | -€1,283 | -18.1% |
| Recurring financial charges | 65 | €7,074 | €5,791 | -€1,283 | -18.1% |
| Profit (loss) for the period before taxes | 9903 | -€17,002 | €39,932 | +€56,934 | |
| Profit (loss) for the period | 9904 | -€17,002 | €39,932 | +€56,934 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,002 | €39,932 | +€56,934 |
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 26 October 2026 via checked.be.