FRITUUR RIJSBERG: 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.
FRITUUR RIJSBERG
Largest movements
- Receivables within one year +€161,527
up €161,527 (+231%), from €70,032 to €231,559
of which Other amounts receivable: +€161,724
- Tangible fixed assets +€73,695
up €73,695 (+172%), from €42,761 to €116,456
of which Furniture and vehicles: +€86,113
- Cash -€45,790
down €45,790 (-26.0%), from €176,291 to €130,501
mainly Receivables within one year (-€161,527) and Contributions, distributions and other (-€100,000)
- Receivables after one year -€25,000
no longer reported in 2025 (was €25,000)
- Intangible fixed assets -€6,250
down €6,250 (-20.0%), from €31,250 to €25,000
- Reserves +€84,826
up €84,826 (+32.4%), from €261,658 to €346,484
- Debts after one year +€47,735
up €47,735 (+472%), from €10,119 to €57,854
- Current portion of long-term debt +€12,510
up €12,510 (+116%), from €10,828 to €23,339
- Trade debts +€7,122
up €7,122 (+79.8%), from €8,926 to €16,048
- Tax, wage and social debts +€5,400
up €5,400 (+10.7%), from €50,434 to €55,834
of which Remuneration and social security: +€15,851
- Gross operating margin +€68,187
up €68,187 (+28.6%), from €238,329 to €306,516
- Taxes +€18,579
up €18,579 (+45.6%), from €40,718 to €59,297
- Financial income +€4,002
up €4,002 (+101%), from €3,948 to €7,950
- Staff costs -€3,968
down €3,968 (-10.5%), from €37,863 to €33,894
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 | €347,966 | €505,560 | +€157,594 | +45.3% |
| Fixed assets | 21/28 | €74,011 | €141,456 | +€67,445 | +91.1% |
| Intangible fixed assets | 21 | €31,250 | €25,000 | -€6,250 | -20.0% |
| Tangible fixed assets | 22/27 | €42,761 | €116,456 | +€73,695 | +172% |
| Plant, machinery and equipment | 23 | €31,231 | €18,813 | -€12,418 | -39.8% |
| Furniture and vehicles | 24 | €11,530 | €97,643 | +€86,113 | +747% |
| Current assets | 29/58 | €273,955 | €364,103 | +€90,149 | +32.9% |
| Amounts receivable after more than one year | 29 | €25,000 | - | -€25,000 | |
| Other amounts receivable | 291 | €25,000 | - | -€25,000 | |
| Stocks and contracts in progress | 3 | €1,069 | €1,211 | +€142 | +13.3% |
| Stocks | 30/36 | €1,069 | €1,211 | +€142 | +13.3% |
| Amounts receivable within one year | 40/41 | €70,032 | €231,559 | +€161,527 | +231% |
| Trade receivables | 40 | €316 | €119 | -€197 | -62.2% |
| Other amounts receivable | 41 | €69,716 | €231,439 | +€161,724 | +232% |
| Cash at bank and in hand | 54/58 | €176,291 | €130,501 | -€45,790 | -26.0% |
| Deferred charges and accrued income | 490/1 | €1,563 | €833 | -€730 | -46.7% |
| Total equity and liabilities | 10/49 | €347,966 | €505,560 | +€157,594 | +45.3% |
| Equity | 10/15 | €267,658 | €352,484 | +€84,826 | +31.7% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €261,658 | €346,484 | +€84,826 | +32.4% |
| Distributable reserves | 133 | €261,658 | €346,484 | +€84,826 | +32.4% |
| Amounts payable | 17/49 | €80,307 | €153,075 | +€72,768 | +90.6% |
| Amounts payable after more than one year | 17 | €10,119 | €57,854 | +€47,735 | +472% |
| Financial debts | 170/4 | €10,119 | €57,854 | +€47,735 | +472% |
| Amounts payable within one year | 42/48 | €70,189 | €95,221 | +€25,033 | +35.7% |
| Current portion of amounts payable after more than one year | 42 | €10,828 | €23,339 | +€12,510 | +116% |
| Trade debts | 44 | €8,926 | €16,048 | +€7,122 | +79.8% |
| Suppliers | 440/4 | €8,926 | €16,048 | +€7,122 | +79.8% |
| Taxes, remuneration and social security | 45 | €50,434 | €55,834 | +€5,400 | +10.7% |
| Taxes | 450/3 | €47,159 | €36,709 | -€10,451 | -22.2% |
| Remuneration and social security | 454/9 | €3,275 | €19,126 | +€15,851 | +484% |
| Remuneration, social security and pensions | 62 | €37,863 | €33,894 | -€3,968 | -10.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,519 | €30,157 | +€2,639 | +9.6% |
| Other operating charges | 640/8 | €4,137 | €3,667 | -€470 | -11.4% |
| Gross operating margin | 9900 | €238,329 | €306,516 | +€68,187 | +28.6% |
| Operating profit (loss) | 9901 | €168,811 | €238,797 | +€69,986 | +41.5% |
| Financial income | 75/76B | €3,948 | €7,950 | +€4,002 | +101% |
| Recurring financial income | 75 | €3,948 | €7,950 | +€4,002 | +101% |
| Financial charges | 65/66B | €1,188 | €2,624 | +€1,436 | +121% |
| Recurring financial charges | 65 | €1,188 | €2,624 | +€1,436 | +121% |
| Profit (loss) for the period before taxes | 9903 | €171,571 | €244,123 | +€72,552 | +42.3% |
| Income taxes | 67/77 | €40,718 | €59,297 | +€18,579 | +45.6% |
| Profit (loss) for the period | 9904 | €130,852 | €184,826 | +€53,974 | +41.2% |
| Profit (loss) for the period to be appropriated | 9905 | €130,852 | €184,826 | +€53,974 | +41.2% |
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 1 November 2026 via checked.be.