FRITMENS: 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.
FRITMENS
Largest movements
- Intangible fixed assets -€12,315
down €12,315 (-11.2%), from €110,366 to €98,050
- Cash -€12,004
down €12,004 (-51.7%), from €23,239 to €11,235
mainly Debts after one year (-€16,630) and Net result for the year (-€9,039)
- Tangible fixed assets -€4,385
down €4,385 (-24.6%), from €17,810 to €13,425
of which Plant, machinery and equipment: -€5,895
- Receivables within one year -€1,989
down €1,989 (-77.6%), from €2,564 to €575
- Debts after one year -€16,630
down €16,630 (-22.3%), from €74,491 to €57,861
- Reserves -€9,039
down €9,039 (-20.0%), from €45,148 to €36,109
- Trade debts -€5,587
down €5,587 (-67.9%), from €8,231 to €2,645
- Taxes +€7,998
up €7,998, from -€1,783 to €6,215
- Gross operating margin -€3,160
down €3,160 (-13.3%), from €23,826 to €20,666
- Financial income +€795
up €795 (+815%), from €97 to €892
- Depreciation -€480
down €480 (-2.4%), from €19,964 to €19,484
- Financial charges -€461
down €461 (-12.7%), from €3,641 to €3,180
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 | €160,674 | €129,333 | -€31,341 | -19.5% |
| Fixed assets | 21/28 | €128,176 | €111,475 | -€16,700 | -13.0% |
| Intangible fixed assets | 21 | €110,366 | €98,050 | -€12,315 | -11.2% |
| Tangible fixed assets | 22/27 | €17,810 | €13,425 | -€4,385 | -24.6% |
| Land and buildings | 22 | €3,800 | €3,055 | -€745 | -19.6% |
| Plant, machinery and equipment | 23 | €13,267 | €7,372 | -€5,895 | -44.4% |
| Furniture and vehicles | 24 | €744 | €2,999 | +€2,255 | +303% |
| Current assets | 29/58 | €32,499 | €17,858 | -€14,641 | -45.1% |
| Stocks and contracts in progress | 3 | €3,820 | €3,529 | -€291 | -7.6% |
| Stocks | 30/36 | €3,820 | €3,529 | -€291 | -7.6% |
| Amounts receivable within one year | 40/41 | €2,564 | €575 | -€1,989 | -77.6% |
| Other amounts receivable | 41 | €2,564 | €575 | -€1,989 | -77.6% |
| Cash at bank and in hand | 54/58 | €23,239 | €11,235 | -€12,004 | -51.7% |
| Deferred charges and accrued income | 490/1 | €2,876 | €2,519 | -€357 | -12.4% |
| Total equity and liabilities | 10/49 | €160,674 | €129,333 | -€31,341 | -19.5% |
| Equity | 10/15 | €55,148 | €46,109 | -€9,039 | -16.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €45,148 | €36,109 | -€9,039 | -20.0% |
| Distributable reserves | 133 | €45,148 | €36,109 | -€9,039 | -20.0% |
| Amounts payable | 17/49 | €105,527 | €83,225 | -€22,302 | -21.1% |
| Amounts payable after more than one year | 17 | €74,491 | €57,861 | -€16,630 | -22.3% |
| Financial debts | 170/4 | €74,491 | €57,861 | -€16,630 | -22.3% |
| Amounts payable within one year | 42/48 | €30,636 | €24,755 | -€5,882 | -19.2% |
| Current portion of amounts payable after more than one year | 42 | €16,275 | €16,630 | +€355 | +2.2% |
| Trade debts | 44 | €8,231 | €2,645 | -€5,587 | -67.9% |
| Suppliers | 440/4 | €8,231 | €2,645 | -€5,587 | -67.9% |
| Taxes, remuneration and social security | 45 | €2,979 | €3,701 | +€722 | +24.2% |
| Taxes | 450/3 | €1,269 | €3,701 | +€2,432 | +192% |
| Remuneration and social security | 454/9 | €1,710 | €0 | -€1,710 | -100% |
| Other amounts payable | 47/48 | €3,151 | €1,778 | -€1,372 | -43.6% |
| Accrued charges and deferred income | 492/3 | €399 | €609 | +€210 | +52.6% |
| Remuneration, social security and pensions | 62 | €377 | €760 | +€384 | +102% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,964 | €19,484 | -€480 | -2.4% |
| Other operating charges | 640/8 | €882 | €959 | +€77 | +8.7% |
| Gross operating margin | 9900 | €23,826 | €20,666 | -€3,160 | -13.3% |
| Operating profit (loss) | 9901 | €2,604 | -€536 | -€3,140 | |
| Financial income | 75/76B | €97 | €892 | +€795 | +815% |
| Recurring financial income | 75 | €97 | €892 | +€795 | +815% |
| Financial charges | 65/66B | €3,641 | €3,180 | -€461 | -12.7% |
| Recurring financial charges | 65 | €3,641 | €3,180 | -€461 | -12.7% |
| Profit (loss) for the period before taxes | 9903 | -€940 | -€2,824 | -€1,884 | -201% |
| Income taxes | 67/77 | -€1,783 | €6,215 | +€7,998 | |
| Profit (loss) for the period | 9904 | €843 | -€9,039 | -€9,883 | |
| Profit (loss) for the period to be appropriated | 9905 | €843 | -€9,039 | -€9,883 |
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.