Fritz Decors: 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.
Fritz Decors
Largest movements
- Receivables within one year +€94,119
up €94,119 (+67.9%), from €138,570 to €232,689
of which Trade receivables: +€88,011
- Stocks and contracts +€87,000
up €87,000 (+1,160%), from €7,500 to €94,500
of which Contracts in progress: +€73,500
- Tangible fixed assets +€61,975
up €61,975 (+15.1%), from €409,637 to €471,612
of which Furniture and vehicles: +€56,460
- Cash -€59,006
down €59,006 (-76.4%), from €77,199 to €18,193
mainly Investment in fixed assets (net) (-€108,858) and Receivables within one year (-€94,119)
- Reserves +€74,436
up €74,436 (+67.9%), from €109,610 to €184,046
of which Distributable reserves: +€74,436
- Other debts +€45,381
up €45,381 (+362%), from €12,548 to €57,928
- Current portion of long-term debt +€27,012
up €27,012 (+74.3%), from €36,334 to €63,346
- Trade debts +€26,851
up €26,851 (+74.5%), from €36,041 to €62,892
- Debts after one year +€10,062
up €10,062 (+3.4%), from €294,031 to €304,093
- Gross operating margin +€56,302
up €56,302 (+13.5%), from €418,534 to €474,836
- Depreciation -€43,138
down €43,138 (-48.4%), from €89,101 to €45,964
- Staff costs +€30,453
up €30,453 (+11.1%), from €273,697 to €304,150
- Taxes +€9,791
up €9,791 (+64.4%), from €15,193 to €24,984
- Financial charges +€7,719
up €7,719 (+128%), from €6,054 to €13,773
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 | €634,107 | €820,195 | +€186,088 | +29.3% |
| Fixed assets | 21/28 | €409,637 | €472,532 | +€62,895 | +15.4% |
| Tangible fixed assets | 22/27 | €409,637 | €471,612 | +€61,975 | +15.1% |
| Land and buildings | 22 | €285,711 | €268,905 | -€16,807 | -5.9% |
| Plant, machinery and equipment | 23 | €36,715 | €59,036 | +€22,321 | +60.8% |
| Furniture and vehicles | 24 | €87,211 | €143,671 | +€56,460 | +64.7% |
| Financial fixed assets | 28 | - | €920 | +€920 | |
| Current assets | 29/58 | €224,470 | €347,663 | +€123,193 | +54.9% |
| Stocks and contracts in progress | 3 | €7,500 | €94,500 | +€87,000 | +1,160% |
| Stocks | 30/36 | €7,500 | €21,000 | +€13,500 | +180% |
| Contracts in progress | 37 | - | €73,500 | +€73,500 | |
| Amounts receivable within one year | 40/41 | €138,570 | €232,689 | +€94,119 | +67.9% |
| Trade receivables | 40 | €136,809 | €224,820 | +€88,011 | +64.3% |
| Other amounts receivable | 41 | €1,761 | €7,869 | +€6,108 | +347% |
| Cash at bank and in hand | 54/58 | €77,199 | €18,193 | -€59,006 | -76.4% |
| Deferred charges and accrued income | 490/1 | €1,201 | €2,281 | +€1,081 | +90.0% |
| Total equity and liabilities | 10/49 | €634,107 | €820,195 | +€186,088 | +29.3% |
| Equity | 10/15 | €154,653 | €229,089 | +€74,436 | +48.1% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Contributions outside capital | 11 | €25,000 | €25,000 | = | 0.0% |
| Share premium | 1100/10 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €109,610 | €184,046 | +€74,436 | +67.9% |
| Non-distributable reserves | 130/1 | €10 | €10 | = | 0.0% |
| Legal reserve | 130 | €10 | €10 | = | 0.0% |
| Distributable reserves | 133 | €109,600 | €184,036 | +€74,436 | +67.9% |
| Profit (loss) carried forward | 14 | €20,043 | €20,043 | = | 0.0% |
| Amounts payable | 17/49 | €479,455 | €591,106 | +€111,651 | +23.3% |
| Amounts payable after more than one year | 17 | €294,031 | €304,093 | +€10,062 | +3.4% |
| Financial debts | 170/4 | €294,031 | €304,093 | +€10,062 | +3.4% |
| Amounts payable within one year | 42/48 | €180,919 | €285,673 | +€104,754 | +57.9% |
| Current portion of amounts payable after more than one year | 42 | €36,334 | €63,346 | +€27,012 | +74.3% |
| Trade debts | 44 | €36,041 | €62,892 | +€26,851 | +74.5% |
| Suppliers | 440/4 | €36,041 | €62,892 | +€26,851 | +74.5% |
| Taxes, remuneration and social security | 45 | €95,997 | €101,507 | +€5,510 | +5.7% |
| Taxes | 450/3 | €66,676 | €54,402 | -€12,274 | -18.4% |
| Remuneration and social security | 454/9 | €29,321 | €47,105 | +€17,784 | +60.7% |
| Other amounts payable | 47/48 | €12,548 | €57,928 | +€45,381 | +362% |
| Accrued charges and deferred income | 492/3 | €4,504 | €1,340 | -€3,164 | -70.3% |
| Remuneration, social security and pensions | 62 | €273,697 | €304,150 | +€30,453 | +11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €89,101 | €45,964 | -€43,138 | -48.4% |
| Other operating charges | 640/8 | €6,531 | €6,868 | +€337 | +5.2% |
| Gross operating margin | 9900 | €418,534 | €474,836 | +€56,302 | +13.5% |
| Operating profit (loss) | 9901 | €49,204 | €117,855 | +€68,651 | +140% |
| Financial income | 75/76B | €382 | €2,782 | +€2,400 | +629% |
| Recurring financial income | 75 | €382 | €2,782 | +€2,400 | +629% |
| Financial charges | 65/66B | €6,054 | €13,773 | +€7,719 | +128% |
| Recurring financial charges | 65 | €6,054 | €13,773 | +€7,719 | +128% |
| Profit (loss) for the period before taxes | 9903 | €43,532 | €106,864 | +€63,332 | +145% |
| Income taxes | 67/77 | €15,193 | €24,984 | +€9,791 | +64.4% |
| Profit (loss) for the period | 9904 | €28,340 | €81,880 | +€53,540 | +189% |
| Profit (loss) for the period to be appropriated | 9905 | €28,340 | €81,880 | +€53,540 | +189% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.