FRITECH BG: 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.
FRITECH BG
Largest movements
- Receivables within one year +€25,870
up €25,870 (+119%), from €21,807 to €47,677
of which Trade receivables: +€26,248
- Stocks and contracts -€2,373
down €2,373 (-11.9%), from €19,863 to €17,489
- Cash -€1,663
down €1,663 (-27.8%), from €5,977 to €4,314
mainly Receivables within one year (-€25,870) and Investment in fixed assets (net) (-€820)
- Other debts +€17,341
up €17,341 (+22.7%), from €76,494 to €93,835
- Profit (loss) carried forward +€3,570
up €3,570 (+4.9%), from -€72,412 to -€68,842
- Contributions +€1,860
up €1,860 (+30.0%), from €6,197 to €8,057
- Reserves -€1,860
down €1,860 (-7.3%), from €25,401 to €23,541
of which Distributable reserves: -€1,860
- Trade debts +€759
up €759 (+6.1%), from €12,525 to €13,284
- Gross operating margin +€5,203
up €5,203 (+314%), from €1,659 to €6,861
- Financial charges -€4,771
down €4,771 (-71.4%), from €6,681 to €1,911
- Other operating charges -€3,048
down €3,048 (-77.9%), from €3,913 to €865
- Staff costs -€417
down €417 (-100%), from €417 to €0
- Depreciation +€325
up €325 (+152%), from €214 to €539
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 | €48,903 | €71,018 | +€22,115 | +45.2% |
| Fixed assets | 21/28 | €1,257 | €1,538 | +€281 | +22.4% |
| Tangible fixed assets | 22/27 | €1,257 | €1,538 | +€281 | +22.4% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €0 | €717 | +€717 | |
| Furniture and vehicles | 24 | €1,257 | €821 | -€435 | -34.7% |
| Current assets | 29/58 | €47,646 | €69,480 | +€21,834 | +45.8% |
| Stocks and contracts in progress | 3 | €19,863 | €17,489 | -€2,373 | -11.9% |
| Stocks | 30/36 | €19,863 | €17,489 | -€2,373 | -11.9% |
| Amounts receivable within one year | 40/41 | €21,807 | €47,677 | +€25,870 | +119% |
| Trade receivables | 40 | €19,643 | €45,891 | +€26,248 | +134% |
| Other amounts receivable | 41 | €2,164 | €1,786 | -€378 | -17.5% |
| Cash at bank and in hand | 54/58 | €5,977 | €4,314 | -€1,663 | -27.8% |
| Total equity and liabilities | 10/49 | €48,903 | €71,018 | +€22,115 | +45.2% |
| Equity | 10/15 | -€40,814 | -€37,244 | +€3,570 | +8.7% |
| Contributions | 10/11 | €6,197 | €8,057 | +€1,860 | +30.0% |
| Reserves | 13 | €25,401 | €23,541 | -€1,860 | -7.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €25,401 | €23,541 | -€1,860 | -7.3% |
| Profit (loss) carried forward | 14 | -€72,412 | -€68,842 | +€3,570 | +4.9% |
| Amounts payable | 17/49 | €89,716 | €108,262 | +€18,546 | +20.7% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €89,716 | €108,262 | +€18,546 | +20.7% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €12,525 | €13,284 | +€759 | +6.1% |
| Suppliers | 440/4 | €12,525 | €13,284 | +€759 | +6.1% |
| Advances received on contracts in progress | 46 | €0 | €289 | +€289 | |
| Taxes, remuneration and social security | 45 | €697 | €854 | +€157 | +22.5% |
| Taxes | 450/3 | €697 | €854 | +€157 | +22.5% |
| Other amounts payable | 47/48 | €76,494 | €93,835 | +€17,341 | +22.7% |
| Remuneration, social security and pensions | 62 | €417 | €0 | -€417 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €214 | €539 | +€325 | +152% |
| Other operating charges | 640/8 | €3,913 | €865 | -€3,048 | -77.9% |
| Gross operating margin | 9900 | €1,659 | €6,861 | +€5,203 | +314% |
| Operating profit (loss) | 9901 | -€2,884 | €5,458 | +€8,342 | |
| Financial income | 75/76B | €29 | €23 | -€6 | -21.9% |
| Recurring financial income | 75 | €29 | €23 | -€6 | -21.9% |
| Financial charges | 65/66B | €6,681 | €1,911 | -€4,771 | -71.4% |
| Recurring financial charges | 65 | €6,681 | €1,911 | -€4,771 | -71.4% |
| Profit (loss) for the period before taxes | 9903 | -€9,536 | €3,570 | +€13,106 | |
| Income taxes | 67/77 | €0 | €0 | -€0 | -87.5% |
| Profit (loss) for the period | 9904 | -€9,536 | €3,570 | +€13,106 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,536 | €3,570 | +€13,106 |
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 17 October 2026 via checked.be.