FRITMIEKE: 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.
FRITMIEKE
Largest movements
- Tangible fixed assets -€20,204
down €20,204 (-18.7%), from €108,001 to €87,797
of which Plant, machinery and equipment: -€10,286
- Receivables after one year +€19,404
up €19,404 (+34.8%), from €55,732 to €75,136
- Cash -€12,632
down €12,632 (-88.1%), from €14,334 to €1,703
mainly Debts after one year (-€24,943) and Receivables after one year (-€19,404)
- Deferred charges and accrued income +€12,236
up €12,236 (+392.7%), from €3,116 to €15,352
- Receivables within one year +€3,639
up €3,639 (+1526.1%), from €238 to €3,877
of which Other amounts receivable: +€2,551
- Reserves +€25,041
up €25,041 (+76.7%), from €32,642 to €57,683
- Debts after one year -€24,943
down €24,943 (-30.2%), from €82,565 to €57,622
- Tax, wage and social debts +€9,980
up €9,980 (+183.6%), from €5,434 to €15,414
of which Taxes: +€10,208
- Trade debts -€5,102
down €5,102 (-33.1%), from €15,432 to €10,330
- Short-term financial debts -€2,083
no longer reported in 2025 (was €2,083)
- Taxes +€10,208
up €10,208 (+295.7%), from €3,453 to €13,660
- Staff costs -€9,678
down €9,678 (-21.5%), from €45,103 to €35,425
- Gross operating margin +€2,120
up €2,120 (+2.1%), from €101,027 to €103,147
- Depreciation -€1,099
down €1,099 (-5.2%), from €21,272 to €20,173
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.
Cash bridge derived
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 | €183,508 | €186,694 | +€3,185 | +1.7% |
| Fixed assets | 21/28 | €108,001 | €87,797 | -€20,204 | -18.7% |
| Tangible fixed assets | 22/27 | €108,001 | €87,797 | -€20,204 | -18.7% |
| Land and buildings | 22 | €42,498 | €33,380 | -€9,118 | -21.5% |
| Plant, machinery and equipment | 23 | €63,334 | €53,048 | -€10,286 | -16.2% |
| Furniture and vehicles | 24 | €2,169 | €1,369 | -€800 | -36.9% |
| Current assets | 29/58 | €75,508 | €98,896 | +€23,389 | +31.0% |
| Amounts receivable after more than one year | 29 | €55,732 | €75,136 | +€19,404 | +34.8% |
| Other amounts receivable | 291 | €55,732 | €75,136 | +€19,404 | +34.8% |
| Stocks and contracts in progress | 3 | €2,087 | €2,828 | +€741 | +35.5% |
| Stocks | 30/36 | €2,087 | €2,828 | +€741 | +35.5% |
| Amounts receivable within one year | 40/41 | €238 | €3,877 | +€3,639 | +1526.1% |
| Trade receivables | 40 | €71 | €1,159 | +€1,088 | +1532.6% |
| Other amounts receivable | 41 | €167 | €2,718 | +€2,551 | +1523.4% |
| Cash at bank and in hand | 54/58 | €14,334 | €1,703 | -€12,632 | -88.1% |
| Deferred charges and accrued income | 490/1 | €3,116 | €15,352 | +€12,236 | +392.7% |
| Total equity and liabilities | 10/49 | €183,508 | €186,694 | +€3,185 | +1.7% |
| Equity | 10/15 | €52,642 | €77,683 | +€25,041 | +47.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €32,642 | €57,683 | +€25,041 | +76.7% |
| Distributable reserves | 133 | €32,642 | €57,683 | +€25,041 | +76.7% |
| Amounts payable | 17/49 | €130,866 | €109,010 | -€21,856 | -16.7% |
| Amounts payable after more than one year | 17 | €82,565 | €57,622 | -€24,943 | -30.2% |
| Financial debts | 170/4 | €82,565 | €57,622 | -€24,943 | -30.2% |
| Amounts payable within one year | 42/48 | €47,031 | €50,687 | +€3,656 | +7.8% |
| Current portion of amounts payable after more than one year | 42 | €24,083 | €24,943 | +€861 | +3.6% |
| Financial debts | 43 | €2,083 | - | -€2,083 | |
| Credit institutions | 430/8 | €2,083 | - | -€2,083 | |
| Trade debts | 44 | €15,432 | €10,330 | -€5,102 | -33.1% |
| Suppliers | 440/4 | €15,432 | €10,330 | -€5,102 | -33.1% |
| Taxes, remuneration and social security | 45 | €5,434 | €15,414 | +€9,980 | +183.6% |
| Taxes | 450/3 | €3,453 | €13,660 | +€10,208 | +295.7% |
| Remuneration and social security | 454/9 | €1,981 | €1,753 | -€228 | -11.5% |
| Accrued charges and deferred income | 492/3 | €1,269 | €701 | -€568 | -44.8% |
| Non-recurring operating income | 76A | - | €9,457 | +€9,457 | |
| Remuneration, social security and pensions | 62 | €45,103 | €35,425 | -€9,678 | -21.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,272 | €20,173 | -€1,099 | -5.2% |
| Other operating charges | 640/8 | €4,063 | €4,488 | +€424 | +10.4% |
| Gross operating margin | 9900 | €101,027 | €103,147 | +€2,120 | +2.1% |
| Operating profit (loss) | 9901 | €30,589 | €43,061 | +€12,472 | +40.8% |
| Financial income | 75/76B | €483 | €817 | +€334 | +69.3% |
| Recurring financial income | 75 | €483 | €817 | +€334 | +69.3% |
| Financial charges | 65/66B | €6,058 | €5,177 | -€882 | -14.6% |
| Recurring financial charges | 65 | €6,058 | €5,177 | -€882 | -14.6% |
| Profit (loss) for the period before taxes | 9903 | €25,013 | €38,701 | +€13,689 | +54.7% |
| Income taxes | 67/77 | €3,453 | €13,660 | +€10,208 | +295.7% |
| Profit (loss) for the period | 9904 | €21,560 | €25,041 | +€3,481 | +16.1% |
| Profit (loss) for the period to be appropriated | 9905 | €21,560 | €25,041 | +€3,481 | +16.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.