FRIUS: 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.
FRIUS
Largest movements
- Receivables after one year +€48,000
up €48,000 (+56.9%), from €84,321 to €132,321
- Receivables within one year -€6,302
down €6,302 (-29.5%), from €21,343 to €15,041
of which Trade receivables: -€9,401
- Tangible fixed assets -€5,185
down €5,185 (-32.0%), from €16,202 to €11,018
of which Plant, machinery and equipment: -€4,796
- Trade debts +€23,381
up €23,381 (+594.6%), from €3,932 to €27,313
- Reserves +€11,600
up €11,600 (+623.7%), from €1,860 to €13,460
- Tax, wage and social debts -€7,020
down €7,020 (-24.0%), from €29,292 to €22,273
- Current portion of long-term debt +€5,537
up €5,537 (+159.6%), from €3,469 to €9,006
- Short-term financial debts +€5,178
new in 2025: €5,178
- Gross operating margin -€53,234
down €53,234 (-66.6%), from €79,891 to €26,657
- Staff costs -€28,749
no longer reported in 2025 (was €28,749)
- Taxes -€8,389
down €8,389 (-58.7%), from €14,298 to €5,908
- Financial income -€4,636
down €4,636 (-88.9%), from €5,217 to €581
- Financial charges +€1,700
up €1,700 (+77.2%), from €2,202 to €3,902
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 | €122,674 | €158,380 | +€35,706 | +29.1% |
| Fixed assets | 21/28 | €16,202 | €11,018 | -€5,185 | -32.0% |
| Tangible fixed assets | 22/27 | €16,202 | €11,018 | -€5,185 | -32.0% |
| Plant, machinery and equipment | 23 | €15,814 | €11,018 | -€4,796 | -30.3% |
| Furniture and vehicles | 24 | €389 | €0 | -€388 | -100.0% |
| Current assets | 29/58 | €106,472 | €147,362 | +€40,890 | +38.4% |
| Amounts receivable after more than one year | 29 | €84,321 | €132,321 | +€48,000 | +56.9% |
| Trade receivables | 290 | €84,321 | €132,321 | +€48,000 | +56.9% |
| Amounts receivable within one year | 40/41 | €21,343 | €15,041 | -€6,302 | -29.5% |
| Trade receivables | 40 | €9,401 | - | -€9,401 | |
| Other amounts receivable | 41 | €11,942 | €15,041 | +€3,099 | +26.0% |
| Cash at bank and in hand | 54/58 | €808 | - | -€808 | |
| Total equity and liabilities | 10/49 | €122,674 | €158,380 | +€35,706 | +29.1% |
| Equity | 10/15 | €82,931 | €94,590 | +€11,659 | +14.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €13,460 | +€11,600 | +623.7% |
| Distributable reserves | 133 | €1,860 | €13,460 | +€11,600 | +623.7% |
| Profit (loss) carried forward | 14 | €62,471 | €62,530 | +€59 | +0.1% |
| Amounts payable | 17/49 | €39,743 | €63,791 | +€24,047 | +60.5% |
| Amounts payable after more than one year | 17 | €3,000 | - | -€3,000 | |
| Financial debts | 170/4 | €3,000 | - | -€3,000 | |
| Amounts payable within one year | 42/48 | €36,743 | €63,791 | +€27,047 | +73.6% |
| Current portion of amounts payable after more than one year | 42 | €3,469 | €9,006 | +€5,537 | +159.6% |
| Financial debts | 43 | - | €5,178 | +€5,178 | |
| Credit institutions | 430/8 | - | €5,178 | +€5,178 | |
| Trade debts | 44 | €3,932 | €27,313 | +€23,381 | +594.6% |
| Suppliers | 440/4 | €3,932 | €27,313 | +€23,381 | +594.6% |
| Taxes, remuneration and social security | 45 | €29,292 | €22,273 | -€7,020 | -24.0% |
| Taxes | 450/3 | €29,292 | €22,273 | -€7,020 | -24.0% |
| Other amounts payable | 47/48 | €50 | €21 | -€30 | -58.7% |
| Remuneration, social security and pensions | 62 | €28,749 | - | -€28,749 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,185 | €5,185 | -€0 | 0.0% |
| Other operating charges | 640/8 | €1,970 | €584 | -€1,387 | -70.4% |
| Gross operating margin | 9900 | €79,891 | €26,657 | -€53,234 | -66.6% |
| Operating profit (loss) | 9901 | €43,987 | €20,888 | -€23,099 | -52.5% |
| Financial income | 75/76B | €5,217 | €581 | -€4,636 | -88.9% |
| Recurring financial income | 75 | €5,217 | €581 | -€4,636 | -88.9% |
| Financial charges | 65/66B | €2,202 | €3,902 | +€1,700 | +77.2% |
| Recurring financial charges | 65 | €2,202 | €3,902 | +€1,700 | +77.2% |
| Profit (loss) for the period before taxes | 9903 | €47,002 | €17,567 | -€29,435 | -62.6% |
| Income taxes | 67/77 | €14,298 | €5,908 | -€8,389 | -58.7% |
| Profit (loss) for the period | 9904 | €32,704 | €11,659 | -€21,046 | -64.4% |
| Profit (loss) for the period to be appropriated | 9905 | €32,704 | €11,659 | -€21,046 | -64.4% |
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 12 October 2026 via checked.be.