FRIZB: 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.
FRIZB
Largest movements
- Cash +€64,334
up €64,334 (+81.3%), from €79,144 to €143,478
mainly Receivables within one year (+€56,252) and Net result for the year (+€53,644)
- Receivables within one year -€56,252
down €56,252 (-92.3%), from €60,913 to €4,661
of which Trade receivables: -€60,904
- Tangible fixed assets +€35,088
up €35,088 (+318.5%), from €11,018 to €46,106
of which Plant, machinery and equipment: +€31,701
- Current investments +€7,644
up €7,644 (+12.2%), from €62,835 to €70,479
- Deferred charges and accrued income -€6,884
down €6,884 (-31.2%), from €22,081 to €15,197
- Reserves +€53,644
up €53,644 (+36.0%), from €149,089 to €202,733
- Other debts -€29,094
down €29,094 (-79.3%), from €36,674 to €7,580
- Tax, wage and social debts +€18,776
up €18,776 (+41.1%), from €45,689 to €64,465
- Gross operating margin -€46,058
down €46,058 (-36.8%), from €125,087 to €79,030
- Taxes -€17,623
down €17,623 (-43.7%), from €40,368 to €22,745
- Financial income +€2,671
up €2,671 (+129.7%), from €2,060 to €4,732
- Depreciation +€1,366
up €1,366 (+52.5%), from €2,601 to €3,967
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 | €237,270 | €282,921 | +€45,651 | +19.2% |
| Fixed assets | 21/28 | €11,018 | €46,106 | +€35,088 | +318.5% |
| Tangible fixed assets | 22/27 | €11,018 | €46,106 | +€35,088 | +318.5% |
| Plant, machinery and equipment | 23 | €1,052 | €32,753 | +€31,701 | +3013.5% |
| Furniture and vehicles | 24 | €9,966 | €13,353 | +€3,387 | +34.0% |
| Current assets | 29/58 | €226,252 | €236,815 | +€10,563 | +4.7% |
| Stocks and contracts in progress | 3 | €1,279 | €3,000 | +€1,721 | +134.6% |
| Stocks | 30/36 | €1,279 | €3,000 | +€1,721 | +134.6% |
| Amounts receivable within one year | 40/41 | €60,913 | €4,661 | -€56,252 | -92.3% |
| Trade receivables | 40 | €60,904 | - | -€60,904 | |
| Other amounts receivable | 41 | €10 | €4,661 | +€4,652 | +48812.4% |
| Current investments | 50/53 | €62,835 | €70,479 | +€7,644 | +12.2% |
| Cash at bank and in hand | 54/58 | €79,144 | €143,478 | +€64,334 | +81.3% |
| Deferred charges and accrued income | 490/1 | €22,081 | €15,197 | -€6,884 | -31.2% |
| Total equity and liabilities | 10/49 | €237,270 | €282,921 | +€45,651 | +19.2% |
| Equity | 10/15 | €154,089 | €207,733 | +€53,644 | +34.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €149,089 | €202,733 | +€53,644 | +36.0% |
| Distributable reserves | 133 | €149,089 | €202,733 | +€53,644 | +36.0% |
| Amounts payable | 17/49 | €83,181 | €75,188 | -€7,994 | -9.6% |
| Amounts payable within one year | 42/48 | €83,181 | €73,161 | -€10,020 | -12.0% |
| Trade debts | 44 | €818 | €1,116 | +€297 | +36.3% |
| Suppliers | 440/4 | €818 | €1,116 | +€297 | +36.3% |
| Taxes, remuneration and social security | 45 | €45,689 | €64,465 | +€18,776 | +41.1% |
| Taxes | 450/3 | €45,689 | €64,465 | +€18,776 | +41.1% |
| Other amounts payable | 47/48 | €36,674 | €7,580 | -€29,094 | -79.3% |
| Accrued charges and deferred income | 492/3 | - | €2,027 | +€2,027 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,601 | €3,967 | +€1,366 | +52.5% |
| Other operating charges | 640/8 | €1,000 | €914 | -€85 | -8.5% |
| Gross operating margin | 9900 | €125,087 | €79,030 | -€46,058 | -36.8% |
| Operating profit (loss) | 9901 | €121,487 | €74,148 | -€47,339 | -39.0% |
| Financial income | 75/76B | €2,060 | €4,732 | +€2,671 | +129.7% |
| Recurring financial income | 75 | €2,060 | €4,732 | +€2,671 | +129.7% |
| Financial charges | 65/66B | €2,452 | €2,491 | +€39 | +1.6% |
| Recurring financial charges | 65 | €2,452 | €2,491 | +€39 | +1.6% |
| Profit (loss) for the period before taxes | 9903 | €121,095 | €76,389 | -€44,706 | -36.9% |
| Income taxes | 67/77 | €40,368 | €22,745 | -€17,623 | -43.7% |
| Profit (loss) for the period | 9904 | €80,727 | €53,644 | -€27,083 | -33.5% |
| Profit (loss) for the period to be appropriated | 9905 | €80,727 | €53,644 | -€27,083 | -33.5% |
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.