Fritiko Group: 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.
Fritiko Group
Largest movements
- Receivables within one year +€17,358
up €17,358 (+40.7%), from €42,676 to €60,034
of which Trade receivables: +€17,790
- Deferred charges and accrued income +€14,334
new in 2024: €14,334
- Tangible fixed assets -€10,507
down €10,507 (-15.4%), from €68,429 to €57,922
of which Furniture and vehicles: -€10,512
- Cash -€9,203
down €9,203 (-66.2%), from €13,910 to €4,707
mainly Net result for the year (-€93,162) and Receivables within one year (-€17,358)
- Profit (loss) carried forward -€93,162
down €93,162, from €4,453 to -€88,709
- Provisions +€52,845
new in 2024: €52,845
- Other debts +€19,304
up €19,304 (+28.2%), from €68,560 to €87,864
- Tax, wage and social debts +€19,107
up €19,107 (+84.9%), from €22,518 to €41,625
of which Remuneration and social security: +€19,287
- Trade debts +€13,743
up €13,743 (+39.1%), from €35,107 to €48,849
- Other operating charges +€44,554
up €44,554 (+495.9%), from €8,985 to €53,539
- Gross operating margin +€26,968
up €26,968 (+150.3%), from €17,944 to €44,912
- Taxes -€8,711
down €8,711 (-69.1%), from €12,598 to €3,887
- Financial income -€2,407
down €2,407 (-96.4%), from €2,498 to €91
of which Non-recurring financial income: -€2,498
- Depreciation +€1,637
up €1,637 (+6.5%), from €25,178 to €26,815
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 | €167,858 | €178,690 | +€10,832 | +6.5% |
| Fixed assets | 21/28 | €111,273 | €99,616 | -€11,657 | -10.5% |
| Intangible fixed assets | 21 | €7,444 | €6,294 | -€1,150 | -15.4% |
| Tangible fixed assets | 22/27 | €68,429 | €57,922 | -€10,507 | -15.4% |
| Plant, machinery and equipment | 23 | €27,604 | €29,745 | +€2,141 | +7.8% |
| Furniture and vehicles | 24 | €30,998 | €20,486 | -€10,512 | -33.9% |
| Other tangible fixed assets | 26 | €9,827 | €7,691 | -€2,136 | -21.7% |
| Financial fixed assets | 28 | €35,400 | €35,400 | = | 0.0% |
| Current assets | 29/58 | €56,585 | €79,074 | +€22,489 | +39.7% |
| Amounts receivable within one year | 40/41 | €42,676 | €60,034 | +€17,358 | +40.7% |
| Trade receivables | 40 | €22,981 | €40,770 | +€17,790 | +77.4% |
| Other amounts receivable | 41 | €19,695 | €19,263 | -€432 | -2.2% |
| Cash at bank and in hand | 54/58 | €13,910 | €4,707 | -€9,203 | -66.2% |
| Deferred charges and accrued income | 490/1 | - | €14,334 | +€14,334 | |
| Total equity and liabilities | 10/49 | €167,858 | €178,690 | +€10,832 | +6.5% |
| Equity | 10/15 | €24,913 | -€68,249 | -€93,162 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,453 | -€88,709 | -€93,162 | |
| Provisions and deferred taxes | 16 | - | €52,845 | +€52,845 | |
| Provisions for liabilities and charges | 160/5 | - | €52,845 | +€52,845 | |
| Other liabilities and charges | 164/5 | - | €52,845 | +€52,845 | |
| Amounts payable | 17/49 | €142,944 | €194,094 | +€51,149 | +35.8% |
| Amounts payable after more than one year | 17 | €8,225 | €8,225 | = | 0.0% |
| Other amounts payable | 178/9 | €8,225 | €8,225 | = | 0.0% |
| Amounts payable within one year | 42/48 | €127,189 | €178,339 | +€51,149 | +40.2% |
| Current portion of amounts payable after more than one year | 42 | €1,005 | - | -€1,005 | |
| Trade debts | 44 | €35,107 | €48,849 | +€13,743 | +39.1% |
| Suppliers | 440/4 | €35,107 | €48,849 | +€13,743 | +39.1% |
| Taxes, remuneration and social security | 45 | €22,518 | €41,625 | +€19,107 | +84.9% |
| Taxes | 450/3 | €6,079 | €5,899 | -€180 | -3.0% |
| Remuneration and social security | 454/9 | €16,439 | €35,726 | +€19,287 | +117.3% |
| Other amounts payable | 47/48 | €68,560 | €87,864 | +€19,304 | +28.2% |
| Accrued charges and deferred income | 492/3 | €7,530 | €7,530 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,178 | €26,815 | +€1,637 | +6.5% |
| Other operating charges | 640/8 | €8,985 | €53,539 | +€44,554 | +495.9% |
| Non-recurring operating charges | 66A | - | €52,845 | +€52,845 | |
| Gross operating margin | 9900 | €17,944 | €44,912 | +€26,968 | +150.3% |
| Operating profit (loss) | 9901 | -€16,219 | -€88,288 | -€72,068 | -444.3% |
| Financial income | 75/76B | €2,498 | €91 | -€2,407 | -96.4% |
| Recurring financial income | 75 | €2,498 | €91 | -€2,407 | -96.4% |
| Non-recurring financial income | 76B | €2,498 | - | -€2,498 | |
| Financial charges | 65/66B | €378 | €1,078 | +€700 | +185.0% |
| Recurring financial charges | 65 | €378 | €1,078 | +€700 | +185.0% |
| Profit (loss) for the period before taxes | 9903 | -€14,100 | -€89,275 | -€75,175 | -533.2% |
| Income taxes | 67/77 | €12,598 | €3,887 | -€8,711 | -69.1% |
| Profit (loss) for the period | 9904 | -€26,698 | -€93,162 | -€66,464 | -248.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,698 | -€93,162 | -€66,464 | -248.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.