Fritapapaxschamp: 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.
Fritapapaxschamp
Largest movements
- Stocks and contracts +€279,946
up €279,946 (+1,893%), from €14,788 to €294,734
- Cash +€176,449
up €176,449 (+106%), from €166,801 to €343,249
mainly Net result for the year (+€212,764) and Depreciation (+€172,982)
- Tangible fixed assets +€153,458
up €153,458 (+13.4%), from €1.1m to €1.3m
of which Plant, machinery and equipment: +€96,983
- Trade debts +€170,226
up €170,226 (+61.3%), from €277,881 to €448,107
- Current portion of long-term debt +€142,670
up €142,670 (+115%), from €124,209 to €266,879
- Reserves +€112,764
up €112,764 (+275%), from €41,044 to €153,808
of which Tax-exempt reserves: +€84,200
- Other debts +€100,464
up €100,464 (+37.1%), from €271,000 to €371,464
- Debts after one year +€75,402
up €75,402 (+10.0%), from €756,337 to €831,738
of which Financial debts: +€75,402
- Turnover +€945,251
up €945,251 (+35.5%), from €2.7m to €3.6m
- Purchases and services +€591,198
up €591,198 (+37.7%), from €1.6m to €2.2m
- Gross operating margin +€356,648
up €356,648 (+31.5%), from €1.1m to €1.5m
- Staff costs +€220,292
up €220,292 (+28.7%), from €768,822 to €989,113
- Depreciation +€68,272
up €68,272 (+65.2%), from €104,711 to €172,982
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 | €1,585,055 | €2,201,193 | +€616,138 | +38.9% |
| Fixed assets | 21/28 | €1,296,742 | €1,447,480 | +€150,738 | +11.6% |
| Intangible fixed assets | 21 | €14,311 | €11,311 | -€3,000 | -21.0% |
| Tangible fixed assets | 22/27 | €1,148,710 | €1,302,168 | +€153,458 | +13.4% |
| Plant, machinery and equipment | 23 | €240,535 | €337,518 | +€96,983 | +40.3% |
| Furniture and vehicles | 24 | €10,174 | €8,034 | -€2,140 | -21.0% |
| Other tangible fixed assets | 26 | €898,001 | €956,616 | +€58,615 | +6.5% |
| Financial fixed assets | 28 | €133,720 | €134,000 | +€280 | +0.2% |
| Current assets | 29/58 | €288,313 | €753,713 | +€465,400 | +161% |
| Stocks and contracts in progress | 3 | €14,788 | €294,734 | +€279,946 | +1,893% |
| Stocks | 30/36 | €14,788 | €294,734 | +€279,946 | +1,893% |
| Amounts receivable within one year | 40/41 | €105,508 | €106,872 | +€1,364 | +1.3% |
| Trade receivables | 40 | €46,965 | €24,076 | -€22,889 | -48.7% |
| Other amounts receivable | 41 | €58,542 | €82,796 | +€24,253 | +41.4% |
| Cash at bank and in hand | 54/58 | €166,801 | €343,249 | +€176,449 | +106% |
| Deferred charges and accrued income | 490/1 | €1,216 | €8,857 | +€7,641 | +628% |
| Total equity and liabilities | 10/49 | €1,585,055 | €2,201,193 | +€616,138 | +38.9% |
| Equity | 10/15 | €43,044 | €155,808 | +€112,764 | +262% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | €2,000 | €2,000 | = | 0.0% |
| Issued capital | 100 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €41,044 | €153,808 | +€112,764 | +275% |
| Tax-exempt reserves | 132 | - | €84,200 | +€84,200 | |
| Distributable reserves | 133 | €41,044 | €69,608 | +€28,564 | +69.6% |
| Amounts payable | 17/49 | €1,542,011 | €2,045,385 | +€503,374 | +32.6% |
| Amounts payable after more than one year | 17 | €756,337 | €831,738 | +€75,402 | +10.0% |
| Financial debts | 170/4 | €623,337 | €698,738 | +€75,402 | +12.1% |
| Other amounts payable | 178/9 | €133,000 | €133,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €785,147 | €1,209,620 | +€424,473 | +54.1% |
| Current portion of amounts payable after more than one year | 42 | €124,209 | €266,879 | +€142,670 | +115% |
| Trade debts | 44 | €277,881 | €448,107 | +€170,226 | +61.3% |
| Suppliers | 440/4 | €277,881 | €448,107 | +€170,226 | +61.3% |
| Taxes, remuneration and social security | 45 | €112,057 | €123,170 | +€11,113 | +9.9% |
| Taxes | 450/3 | €16,916 | €18,022 | +€1,106 | +6.5% |
| Remuneration and social security | 454/9 | €95,141 | €105,148 | +€10,007 | +10.5% |
| Other amounts payable | 47/48 | €271,000 | €371,464 | +€100,464 | +37.1% |
| Accrued charges and deferred income | 492/3 | €528 | €4,027 | +€3,499 | +663% |
| Turnover | 70 | €2,664,005 | €3,609,255 | +€945,251 | +35.5% |
| Non-recurring operating income | 76A | €36,734 | €39,330 | +€2,595 | +7.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,568,925 | €2,160,123 | +€591,198 | +37.7% |
| Remuneration, social security and pensions | 62 | €768,822 | €989,113 | +€220,292 | +28.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €104,711 | €172,982 | +€68,272 | +65.2% |
| Other operating charges | 640/8 | €1,745 | €3,380 | +€1,635 | +93.7% |
| Non-recurring operating charges | 66A | - | €3,795 | +€3,795 | |
| Gross operating margin | 9900 | €1,131,814 | €1,488,463 | +€356,648 | +31.5% |
| Operating profit (loss) | 9901 | €256,537 | €319,191 | +€62,654 | +24.4% |
| Financial income | 75/76B | €1,452 | €3,358 | +€1,906 | +131% |
| Recurring financial income | 75 | €1,452 | €3,358 | +€1,906 | +131% |
| Financial charges | 65/66B | €34,328 | €39,236 | +€4,909 | +14.3% |
| Recurring financial charges | 65 | €34,328 | €39,178 | +€4,851 | +14.1% |
| Non-recurring financial charges | 66B | - | €58 | +€58 | |
| Profit (loss) for the period before taxes | 9903 | €223,661 | €283,313 | +€59,651 | +26.7% |
| Income taxes | 67/77 | €11,449 | €70,549 | +€59,100 | +516% |
| Profit (loss) for the period | 9904 | €212,212 | €212,764 | +€552 | +0.3% |
| Transfer to tax-exempt reserves | 689 | - | €84,200 | +€84,200 | |
| Profit (loss) for the period to be appropriated | 9905 | €212,212 | €128,564 | -€83,648 | -39.4% |
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 21 October 2026 via checked.be.