FRIYAC: what changed
FRIYAC
Largest movements
- Receivables within one year -€13,271
down €13,271 (-75.9%), from €17,479 to €4,209
of which Trade receivables: -€8,920
- Cash +€9,827
up €9,827 (+28.2%), from €34,838 to €44,665
mainly Receivables within one year (+€13,271) and Stocks and contracts (+€7,915)
- Stocks and contracts -€7,915
down €7,915 (-52.4%), from €15,105 to €7,190
- Deferred charges and accrued income -€1,491
down €1,491 (-39.1%), from €3,813 to €2,323
- Tangible fixed assets -€1,063
no longer reported in 2026 (was €1,063)
- Trade debts -€20,046
down €20,046 (-94.0%), from €21,315 to €1,269
- Profit (loss) carried forward +€4,547
up €4,547 (+10.9%), from €41,798 to €46,345
- Tax, wage and social debts +€1,310
up €1,310 (+12,074%), from €11 to €1,321
- Gross operating margin +€3,915
up €3,915 (+32.1%), from €12,209 to €16,124
- Other operating charges +€2,732
up €2,732 (+36.6%), from €7,462 to €10,194
- Taxes -€2,610
down €2,610 (-75.6%), from €3,453 to €843
- Depreciation -€467
down €467 (-30.5%), from €1,529 to €1,063
- Financial income -€254
down €254 (-25.0%), from €1,016 to €762
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €72,298 | €58,386 | -€13,912 | -19.2% |
| Fixed assets | 21/28 | €1,063 | - | -€1,063 | |
| Tangible fixed assets | 22/27 | €1,063 | - | -€1,063 | |
| Furniture and vehicles | 24 | €1,063 | - | -€1,063 | |
| Current assets | 29/58 | €71,235 | €58,386 | -€12,849 | -18.0% |
| Stocks and contracts in progress | 3 | €15,105 | €7,190 | -€7,915 | -52.4% |
| Stocks | 30/36 | €15,105 | €7,190 | -€7,915 | -52.4% |
| Amounts receivable within one year | 40/41 | €17,479 | €4,209 | -€13,271 | -75.9% |
| Trade receivables | 40 | €10,960 | €2,040 | -€8,920 | -81.4% |
| Other amounts receivable | 41 | €6,519 | €2,168 | -€4,351 | -66.7% |
| Cash at bank and in hand | 54/58 | €34,838 | €44,665 | +€9,827 | +28.2% |
| Deferred charges and accrued income | 490/1 | €3,813 | €2,323 | -€1,491 | -39.1% |
| Total equity and liabilities | 10/49 | €72,298 | €58,386 | -€13,912 | -19.2% |
| Equity | 10/15 | €49,671 | €54,218 | +€4,547 | +9.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,673 | €1,673 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,673 | €1,673 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,673 | €1,673 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,798 | €46,345 | +€4,547 | +10.9% |
| Provisions and deferred taxes | 16 | €1,300 | €1,300 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €1,300 | €1,300 | = | 0.0% |
| Other liabilities and charges | 164/5 | €1,300 | €1,300 | = | 0.0% |
| Amounts payable | 17/49 | €21,326 | €2,868 | -€18,459 | -86.6% |
| Amounts payable within one year | 42/48 | €21,326 | €2,868 | -€18,459 | -86.6% |
| Trade debts | 44 | €21,315 | €1,269 | -€20,046 | -94.0% |
| Suppliers | 440/4 | €21,315 | €1,269 | -€20,046 | -94.0% |
| Taxes, remuneration and social security | 45 | €11 | €1,321 | +€1,310 | +12,074% |
| Remuneration and social security | 454/9 | €11 | €1,321 | +€1,310 | +12,074% |
| Other amounts payable | 47/48 | - | €278 | +€278 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,529 | €1,063 | -€467 | -30.5% |
| Other operating charges | 640/8 | €7,462 | €10,194 | +€2,732 | +36.6% |
| Gross operating margin | 9900 | €12,209 | €16,124 | +€3,915 | +32.1% |
| Operating profit (loss) | 9901 | €3,217 | €4,867 | +€1,649 | +51.3% |
| Financial income | 75/76B | €1,016 | €762 | -€254 | -25.0% |
| Recurring financial income | 75 | €1,016 | €762 | -€254 | -25.0% |
| Financial charges | 65/66B | €220 | €239 | +€19 | +8.7% |
| Recurring financial charges | 65 | €220 | €239 | +€19 | +8.7% |
| Profit (loss) for the period before taxes | 9903 | €4,014 | €5,390 | +€1,376 | +34.3% |
| Income taxes | 67/77 | €3,453 | €843 | -€2,610 | -75.6% |
| Profit (loss) for the period | 9904 | €560 | €4,547 | +€3,986 | +711% |
| Profit (loss) for the period to be appropriated | 9905 | €560 | €4,547 | +€3,986 | +711% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.