FRITSTATION: 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.
FRITSTATION
Largest movements
- Intangible fixed assets -€16,250
down €16,250 (-27.0%), from €60,281 to €44,031
- Receivables within one year -€14,899
down €14,899 (-19.9%), from €74,855 to €59,956
of which Trade receivables: -€68,383
- Tangible fixed assets -€8,847
down €8,847 (-38.5%), from €22,962 to €14,115
of which Plant, machinery and equipment: -€8,575
- Financial fixed assets -€5,250
no longer reported in 2025 (was €5,250)
- Cash -€2,028
down €2,028 (-9.5%), from €21,282 to €19,253
mainly Net result for the year (-€21,234) and Trade debts (-€18,886)
- Reserves -€21,234
down €21,234 (-39.1%), from €54,250 to €33,016
- Other debts +€19,291
up €19,291 (+86.3%), from €22,349 to €41,640
- Trade debts -€18,886
down €18,886 (-44.7%), from €42,207 to €23,321
- Current portion of long-term debt -€16,988
down €16,988 (-63.0%), from €26,944 to €9,957
- Debts after one year -€9,957
down €9,957 (-60.8%), from €16,389 to €6,432
- Gross operating margin -€73,811
down €73,811 (-85.7%), from €86,145 to €12,334
- Taxes -€12,155
no longer reported in 2025 (was €12,155)
- Other operating charges +€1,863
up €1,863 (+227.8%), from €818 to €2,681
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 | €184,763 | €137,501 | -€47,262 | -25.6% |
| Fixed assets | 21/28 | €88,493 | €58,146 | -€30,347 | -34.3% |
| Intangible fixed assets | 21 | €60,281 | €44,031 | -€16,250 | -27.0% |
| Tangible fixed assets | 22/27 | €22,962 | €14,115 | -€8,847 | -38.5% |
| Plant, machinery and equipment | 23 | €22,186 | €13,611 | -€8,575 | -38.7% |
| Furniture and vehicles | 24 | €776 | €504 | -€272 | -35.0% |
| Financial fixed assets | 28 | €5,250 | - | -€5,250 | |
| Current assets | 29/58 | €96,270 | €79,355 | -€16,915 | -17.6% |
| Stocks and contracts in progress | 3 | €133 | €146 | +€13 | +9.4% |
| Stocks | 30/36 | €133 | €146 | +€13 | +9.4% |
| Amounts receivable within one year | 40/41 | €74,855 | €59,956 | -€14,899 | -19.9% |
| Trade receivables | 40 | €68,383 | - | -€68,383 | |
| Other amounts receivable | 41 | €6,471 | €59,956 | +€53,484 | +826.5% |
| Cash at bank and in hand | 54/58 | €21,282 | €19,253 | -€2,028 | -9.5% |
| Total equity and liabilities | 10/49 | €184,763 | €137,501 | -€47,262 | -25.6% |
| Equity | 10/15 | €59,250 | €38,016 | -€21,234 | -35.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €54,250 | €33,016 | -€21,234 | -39.1% |
| Distributable reserves | 133 | €54,250 | €33,016 | -€21,234 | -39.1% |
| Amounts payable | 17/49 | €125,513 | €99,484 | -€26,028 | -20.7% |
| Amounts payable after more than one year | 17 | €16,389 | €6,432 | -€9,957 | -60.8% |
| Financial debts | 170/4 | €16,389 | €6,432 | -€9,957 | -60.8% |
| Amounts payable within one year | 42/48 | €109,124 | €93,052 | -€16,072 | -14.7% |
| Current portion of amounts payable after more than one year | 42 | €26,944 | €9,957 | -€16,988 | -63.0% |
| Trade debts | 44 | €42,207 | €23,321 | -€18,886 | -44.7% |
| Suppliers | 440/4 | €42,207 | €23,321 | -€18,886 | -44.7% |
| Taxes, remuneration and social security | 45 | €17,623 | €18,134 | +€511 | +2.9% |
| Taxes | 450/3 | €13,109 | €12,524 | -€585 | -4.5% |
| Remuneration and social security | 454/9 | €4,514 | €5,610 | +€1,096 | +24.3% |
| Other amounts payable | 47/48 | €22,349 | €41,640 | +€19,291 | +86.3% |
| Remuneration, social security and pensions | 62 | €4,290 | €3,989 | -€301 | -7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,321 | €25,097 | -€224 | -0.9% |
| Other operating charges | 640/8 | €818 | €2,681 | +€1,863 | +227.8% |
| Gross operating margin | 9900 | €86,145 | €12,334 | -€73,811 | -85.7% |
| Operating profit (loss) | 9901 | €55,716 | -€19,433 | -€75,149 | |
| Financial income | 75/76B | - | €52 | +€52 | |
| Recurring financial income | 75 | - | €52 | +€52 | |
| Financial charges | 65/66B | €2,391 | €1,853 | -€538 | -22.5% |
| Recurring financial charges | 65 | €2,391 | €1,853 | -€538 | -22.5% |
| Profit (loss) for the period before taxes | 9903 | €53,325 | -€21,234 | -€74,559 | |
| Income taxes | 67/77 | €12,155 | - | -€12,155 | |
| Profit (loss) for the period | 9904 | €41,170 | -€21,234 | -€62,404 | |
| Profit (loss) for the period to be appropriated | 9905 | €41,170 | -€21,234 | -€62,404 |
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 10 October 2026 via checked.be.