FRITAS: 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.
FRITAS
Largest movements
- Tangible fixed assets -€324,173
down €324,173 (-98.3%), from €329,653 to €5,480
of which Other tangible fixed assets: -€259,310
- Receivables within one year -€126,722
down €126,722 (-24.3%), from €522,348 to €395,626
of which Other amounts receivable: -€114,910
- Intangible fixed assets -€49,527
no longer reported in 2025 (was €49,527)
- Stocks and contracts -€40,000
no longer reported in 2025 (was €40,000)
- Cash -€31,496
down €31,496 (-98.4%), from €32,000 to €504
mainly Net result for the year (-€195,688) and Contributions, distributions and other (-€184,534)
- Reserves -€366,297
down €366,297 (-87.4%), from €419,000 to €52,703
- Accrued charges and deferred income -€174,915
down €174,915 (-99.7%), from €175,413 to €498
- Trade debts +€115,998
up €115,998 (+132.5%), from €87,534 to €203,532
- Tax, wage and social debts -€43,950
down €43,950 (-51.4%), from €85,500 to €41,550
of which Taxes: -€38,383
- Debts after one year -€40,992
down €40,992 (-47.5%), from €86,242 to €45,250
- Gross operating margin -€445,871
down €445,871 (-82.8%), from €538,789 to €92,918
- Staff costs -€106,061
down €106,061 (-32.1%), from €330,376 to €224,315
- Taxes -€23,754
no longer reported in 2025 (was €23,754)
- Depreciation -€11,063
down €11,063 (-19.2%), from €57,587 to €46,524
- Financial charges -€8,513
down €8,513 (-43.6%), from €19,508 to €10,996
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 | €975,616 | €407,881 | -€567,735 | -58.2% |
| Fixed assets | 21/28 | €379,659 | €5,480 | -€374,179 | -98.6% |
| Intangible fixed assets | 21 | €49,527 | - | -€49,527 | |
| Tangible fixed assets | 22/27 | €329,653 | €5,480 | -€324,173 | -98.3% |
| Land and buildings | 22 | €5,480 | €5,480 | = | 0.0% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €64,863 | - | -€64,863 | |
| Leasing and similar rights | 25 | €0 | - | = | |
| Other tangible fixed assets | 26 | €259,310 | - | -€259,310 | |
| Financial fixed assets | 28 | €479 | - | -€479 | |
| Current assets | 29/58 | €595,958 | €402,401 | -€193,556 | -32.5% |
| Stocks and contracts in progress | 3 | €40,000 | - | -€40,000 | |
| Stocks | 30/36 | €40,000 | - | -€40,000 | |
| Amounts receivable within one year | 40/41 | €522,348 | €395,626 | -€126,722 | -24.3% |
| Trade receivables | 40 | €12,984 | €1,172 | -€11,812 | -91.0% |
| Other amounts receivable | 41 | €509,364 | €394,453 | -€114,910 | -22.6% |
| Cash at bank and in hand | 54/58 | €32,000 | €504 | -€31,496 | -98.4% |
| Deferred charges and accrued income | 490/1 | €1,610 | €6,272 | +€4,662 | +289.6% |
| Total equity and liabilities | 10/49 | €975,616 | €407,881 | -€567,735 | -58.2% |
| Equity | 10/15 | €437,913 | €57,691 | -€380,222 | -86.8% |
| Contributions | 10/11 | €18,600 | €4,988 | -€13,612 | -73.2% |
| Reserves | 13 | €419,000 | €52,703 | -€366,297 | -87.4% |
| Distributable reserves | 133 | €419,000 | €52,703 | -€366,297 | -87.4% |
| Profit (loss) carried forward | 14 | €313 | - | -€313 | |
| Amounts payable | 17/49 | €537,704 | €350,190 | -€187,513 | -34.9% |
| Amounts payable after more than one year | 17 | €86,242 | €45,250 | -€40,992 | -47.5% |
| Financial debts | 170/4 | €86,242 | €45,250 | -€40,992 | -47.5% |
| Amounts payable within one year | 42/48 | €276,049 | €304,443 | +€28,394 | +10.3% |
| Current portion of amounts payable after more than one year | 42 | €46,442 | €14,390 | -€32,052 | -69.0% |
| Financial debts | 43 | €26,630 | €34,525 | +€7,895 | +29.6% |
| Credit institutions | 430/8 | €26,630 | €34,525 | +€7,895 | +29.6% |
| Trade debts | 44 | €87,534 | €203,532 | +€115,998 | +132.5% |
| Suppliers | 440/4 | €87,534 | €203,532 | +€115,998 | +132.5% |
| Taxes, remuneration and social security | 45 | €85,500 | €41,550 | -€43,950 | -51.4% |
| Taxes | 450/3 | €49,847 | €11,465 | -€38,383 | -77.0% |
| Remuneration and social security | 454/9 | €35,653 | €30,085 | -€5,567 | -15.6% |
| Other amounts payable | 47/48 | €29,942 | €10,446 | -€19,496 | -65.1% |
| Accrued charges and deferred income | 492/3 | €175,413 | €498 | -€174,915 | -99.7% |
| Remuneration, social security and pensions | 62 | €330,376 | €224,315 | -€106,061 | -32.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,587 | €46,524 | -€11,063 | -19.2% |
| Other operating charges | 640/8 | €9,559 | €6,775 | -€2,784 | -29.1% |
| Gross operating margin | 9900 | €538,789 | €92,918 | -€445,871 | -82.8% |
| Operating profit (loss) | 9901 | €141,267 | -€184,696 | -€325,963 | |
| Financial income | 75/76B | €1 | €4 | +€4 | +667.2% |
| Recurring financial income | 75 | €1 | €4 | +€4 | +667.2% |
| Financial charges | 65/66B | €19,508 | €10,996 | -€8,513 | -43.6% |
| Recurring financial charges | 65 | €19,508 | €10,996 | -€8,513 | -43.6% |
| Profit (loss) for the period before taxes | 9903 | €121,759 | -€195,688 | -€317,447 | |
| Income taxes | 67/77 | €23,754 | - | -€23,754 | |
| Profit (loss) for the period | 9904 | €98,005 | -€195,688 | -€293,693 | |
| Profit (loss) for the period to be appropriated | 9905 | €98,005 | -€195,688 | -€293,693 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.