FRITES WORLD BRUGGE: 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.
FRITES WORLD BRUGGE
Largest movements
- Cash +€154,017
up €154,017 (+56.4%), from €273,103 to €427,120
mainly Net result for the year (+€173,175) and Depreciation (+€109,930)
- Intangible fixed assets -€75,000
down €75,000 (-14.1%), from €531,250 to €456,250
- Receivables within one year -€13,310
down €13,310 (-60.5%), from €21,984 to €8,674
of which Other amounts receivable: -€8,732
- Reserves +€173,175
up €173,175 (+132%), from €130,876 to €304,052
- Other debts -€122,520
down €122,520 (-45.4%), from €269,996 to €147,476
- Tax, wage and social debts +€66,262
up €66,262 (+92.0%), from €72,036 to €138,298
of which Taxes: +€63,044
- Debts after one year -€53,906
down €53,906 (-17.1%), from €314,948 to €261,042
- Gross operating margin +€141,457
up €141,457 (+30.5%), from €463,686 to €605,143
- Staff costs +€58,017
up €58,017 (+34.8%), from €166,633 to €224,650
- Depreciation +€16,951
up €16,951 (+18.2%), from €92,980 to €109,930
- Taxes +€13,982
up €13,982 (+32.8%), from €42,653 to €56,635
- Other operating charges +€6,423
up €6,423 (+106%), from €6,039 to €12,463
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 | €932,509 | €996,051 | +€63,542 | +6.8% |
| Formation expenses | 20 | €1,140 | €860 | -€279 | -24.5% |
| Fixed assets | 21/28 | €633,803 | €556,916 | -€76,886 | -12.1% |
| Intangible fixed assets | 21 | €531,250 | €456,250 | -€75,000 | -14.1% |
| Tangible fixed assets | 22/27 | €102,493 | €100,531 | -€1,961 | -1.9% |
| Plant, machinery and equipment | 23 | €102,493 | €100,531 | -€1,961 | -1.9% |
| Financial fixed assets | 28 | €60 | €135 | +€75 | +125% |
| Current assets | 29/58 | €297,567 | €438,274 | +€140,707 | +47.3% |
| Stocks and contracts in progress | 3 | €2,480 | €2,480 | = | 0.0% |
| Stocks | 30/36 | €2,480 | €2,480 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €21,984 | €8,674 | -€13,310 | -60.5% |
| Trade receivables | 40 | €9,235 | €4,657 | -€4,578 | -49.6% |
| Other amounts receivable | 41 | €12,749 | €4,017 | -€8,732 | -68.5% |
| Cash at bank and in hand | 54/58 | €273,103 | €427,120 | +€154,017 | +56.4% |
| Total equity and liabilities | 10/49 | €932,509 | €996,051 | +€63,542 | +6.8% |
| Equity | 10/15 | €180,876 | €354,052 | +€173,175 | +95.7% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €130,876 | €304,052 | +€173,175 | +132% |
| Distributable reserves | 133 | €130,876 | €304,052 | +€173,175 | +132% |
| Amounts payable | 17/49 | €751,633 | €641,999 | -€109,634 | -14.6% |
| Amounts payable after more than one year | 17 | €314,948 | €261,042 | -€53,906 | -17.1% |
| Financial debts | 170/4 | €314,948 | €261,042 | -€53,906 | -17.1% |
| Amounts payable within one year | 42/48 | €429,691 | €380,957 | -€48,734 | -11.3% |
| Current portion of amounts payable after more than one year | 42 | €51,730 | €53,906 | +€2,175 | +4.2% |
| Trade debts | 44 | €35,928 | €41,276 | +€5,348 | +14.9% |
| Suppliers | 440/4 | €35,928 | €41,276 | +€5,348 | +14.9% |
| Taxes, remuneration and social security | 45 | €72,036 | €138,298 | +€66,262 | +92.0% |
| Taxes | 450/3 | €48,817 | €111,862 | +€63,044 | +129% |
| Remuneration and social security | 454/9 | €23,219 | €26,437 | +€3,218 | +13.9% |
| Other amounts payable | 47/48 | €269,996 | €147,476 | -€122,520 | -45.4% |
| Accrued charges and deferred income | 492/3 | €6,994 | - | -€6,994 | |
| Remuneration, social security and pensions | 62 | €166,633 | €224,650 | +€58,017 | +34.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €92,980 | €109,930 | +€16,951 | +18.2% |
| Other operating charges | 640/8 | €6,039 | €12,463 | +€6,423 | +106% |
| Gross operating margin | 9900 | €463,686 | €605,143 | +€141,457 | +30.5% |
| Operating profit (loss) | 9901 | €198,033 | €258,099 | +€60,066 | +30.3% |
| Financial income | 75/76B | - | €15 | +€15 | |
| Recurring financial income | 75 | - | €15 | +€15 | |
| Financial charges | 65/66B | €24,504 | €28,303 | +€3,800 | +15.5% |
| Recurring financial charges | 65 | €24,504 | €28,303 | +€3,800 | +15.5% |
| Profit (loss) for the period before taxes | 9903 | €173,530 | €229,811 | +€56,281 | +32.4% |
| Income taxes | 67/77 | €42,653 | €56,635 | +€13,982 | +32.8% |
| Profit (loss) for the period | 9904 | €130,876 | €173,175 | +€42,299 | +32.3% |
| Profit (loss) for the period to be appropriated | 9905 | €130,876 | €173,175 | +€42,299 | +32.3% |
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 25 October 2026 via checked.be.