Fritiko 1: 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.
Fritiko 1
Largest movements
- Receivables within one year +€86,490
up €86,490 (+194.1%), from €44,566 to €131,056
- Cash -€41,210
down €41,210 (-55.5%), from €74,260 to €33,050
mainly Receivables within one year (-€86,490) and Deferred charges and accrued income (-€378)
- Profit (loss) carried forward +€29,522
up €29,522 (+47.6%), from €62,001 to €91,523
- Tax, wage and social debts +€7,775
up €7,775 (+24.8%), from €31,357 to €39,132
of which Remuneration and social security: +€6,313
- Trade debts +€5,775
up €5,775 (+18.4%), from €31,350 to €37,125
- Staff costs +€13,140
up €13,140 (+387.3%), from €3,393 to €16,533
- Other operating charges +€6,071
up €6,071 (+96.2%), from €6,314 to €12,385
- Taxes -€4,553
down €4,553 (-33.7%), from €13,500 to €8,947
- Gross operating margin +€4,044
up €4,044 (+6.2%), from €64,822 to €68,866
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €124,808 | €167,880 | +€43,072 | +34.5% |
| Fixed assets | 21/28 | €4,529 | €3,397 | -€1,132 | -25.0% |
| Tangible fixed assets | 22/27 | €4,529 | €3,397 | -€1,132 | -25.0% |
| Plant, machinery and equipment | 23 | €4,529 | €3,397 | -€1,132 | -25.0% |
| Current assets | 29/58 | €120,279 | €164,483 | +€44,205 | +36.8% |
| Stocks and contracts in progress | 3 | €1,453 | - | -€1,453 | |
| Stocks | 30/36 | €1,453 | - | -€1,453 | |
| Amounts receivable within one year | 40/41 | €44,566 | €131,056 | +€86,490 | +194.1% |
| Other amounts receivable | 41 | €44,566 | €131,056 | +€86,490 | +194.1% |
| Cash at bank and in hand | 54/58 | €74,260 | €33,050 | -€41,210 | -55.5% |
| Deferred charges and accrued income | 490/1 | - | €378 | +€378 | |
| Total equity and liabilities | 10/49 | €124,808 | €167,880 | +€43,072 | +34.5% |
| Equity | 10/15 | €62,001 | €91,523 | +€29,522 | +47.6% |
| Profit (loss) carried forward | 14 | €62,001 | €91,523 | +€29,522 | +47.6% |
| Amounts payable | 17/49 | €62,807 | €76,357 | +€13,550 | +21.6% |
| Amounts payable within one year | 42/48 | €62,807 | €76,357 | +€13,550 | +21.6% |
| Trade debts | 44 | €31,350 | €37,125 | +€5,775 | +18.4% |
| Suppliers | 440/4 | €31,350 | €37,125 | +€5,775 | +18.4% |
| Taxes, remuneration and social security | 45 | €31,357 | €39,132 | +€7,775 | +24.8% |
| Taxes | 450/3 | €30,500 | €31,962 | +€1,462 | +4.8% |
| Remuneration and social security | 454/9 | €857 | €7,170 | +€6,313 | +736.9% |
| Other amounts payable | 47/48 | €100 | €100 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €3,393 | €16,533 | +€13,140 | +387.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,132 | €1,132 | = | 0.0% |
| Other operating charges | 640/8 | €6,314 | €12,385 | +€6,071 | +96.2% |
| Gross operating margin | 9900 | €64,822 | €68,866 | +€4,044 | +6.2% |
| Operating profit (loss) | 9901 | €53,983 | €38,815 | -€15,168 | -28.1% |
| Financial charges | 65/66B | €68 | €347 | +€279 | +409.6% |
| Recurring financial charges | 65 | €68 | €347 | +€279 | +409.6% |
| Profit (loss) for the period before taxes | 9903 | €53,915 | €38,469 | -€15,446 | -28.6% |
| Income taxes | 67/77 | €13,500 | €8,947 | -€4,553 | -33.7% |
| Profit (loss) for the period | 9904 | €40,415 | €29,522 | -€10,893 | -27.0% |
| Profit (loss) for the period to be appropriated | 9905 | €40,415 | €29,522 | -€10,893 | -27.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.