FRIZISTO: 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.
FRIZISTO
Largest movements
- Cash -€8,561
down €8,561 (-41.5%), from €20,628 to €12,067
mainly Net result for the year (-€6,024) and Debts after one year (-€5,339)
- Tangible fixed assets -€3,281
down €3,281 (-25.0%), from €13,144 to €9,863
of which Other tangible fixed assets: -€5,646
- Profit (loss) carried forward -€6,024
down €6,024 (-45.0%), from -€13,375 to -€19,399
- Debts after one year -€5,339
down €5,339 (-36.8%), from €14,526 to €9,187
- Other debts -€2,289
down €2,289 (-9.6%), from €23,834 to €21,545
- Tax, wage and social debts +€1,583
up €1,583 (+22.0%), from €7,188 to €8,771
of which Remuneration and social security: +€1,618
- Staff costs +€14,223
up €14,223 (+41.4%), from €34,389 to €48,612
- Other operating charges +€1,498
up €1,498 (+72.1%), from €2,078 to €3,576
- Gross operating margin -€595
down €595 (-1.1%), from €53,756 to €53,161
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 | €46,050 | €34,553 | -€11,497 | -25.0% |
| Fixed assets | 21/28 | €13,144 | €9,863 | -€3,281 | -25.0% |
| Tangible fixed assets | 22/27 | €13,144 | €9,863 | -€3,281 | -25.0% |
| Plant, machinery and equipment | 23 | €1,243 | €3,636 | +€2,394 | +193% |
| Furniture and vehicles | 24 | €29 | €0 | -€29 | -100% |
| Other tangible fixed assets | 26 | €11,873 | €6,227 | -€5,646 | -47.6% |
| Current assets | 29/58 | €32,906 | €24,690 | -€8,216 | -25.0% |
| Stocks and contracts in progress | 3 | €10,577 | €10,825 | +€248 | +2.3% |
| Stocks | 30/36 | €10,577 | €10,825 | +€248 | +2.3% |
| Amounts receivable within one year | 40/41 | €6 | €0 | -€6 | -100% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €6 | €0 | -€6 | -100% |
| Cash at bank and in hand | 54/58 | €20,628 | €12,067 | -€8,561 | -41.5% |
| Deferred charges and accrued income | 490/1 | €1,695 | €1,797 | +€102 | +6.0% |
| Total equity and liabilities | 10/49 | €46,050 | €34,553 | -€11,497 | -25.0% |
| Equity | 10/15 | -€6,740 | -€12,764 | -€6,024 | -89.4% |
| Contributions | 10/11 | €6,200 | €6,635 | +€435 | +7.0% |
| Reserves | 13 | €435 | €0 | -€435 | -100% |
| Non-distributable reserves | 130/1 | €435 | €0 | -€435 | -100% |
| Reserves not available under the articles | 1311 | €435 | €0 | -€435 | -100% |
| Profit (loss) carried forward | 14 | -€13,375 | -€19,399 | -€6,024 | -45.0% |
| Amounts payable | 17/49 | €52,790 | €47,317 | -€5,473 | -10.4% |
| Amounts payable after more than one year | 17 | €14,526 | €9,187 | -€5,339 | -36.8% |
| Financial debts | 170/4 | €14,526 | €9,187 | -€5,339 | -36.8% |
| Amounts payable within one year | 42/48 | €38,264 | €38,130 | -€134 | -0.4% |
| Current portion of amounts payable after more than one year | 42 | €5,212 | €5,339 | +€127 | +2.4% |
| Trade debts | 44 | €2,031 | €2,475 | +€445 | +21.9% |
| Suppliers | 440/4 | €2,031 | €2,475 | +€445 | +21.9% |
| Taxes, remuneration and social security | 45 | €7,188 | €8,771 | +€1,583 | +22.0% |
| Taxes | 450/3 | €1,961 | €1,927 | -€34 | -1.8% |
| Remuneration and social security | 454/9 | €5,227 | €6,844 | +€1,618 | +31.0% |
| Other amounts payable | 47/48 | €23,834 | €21,545 | -€2,289 | -9.6% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €34,389 | €48,612 | +€14,223 | +41.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,113 | €6,266 | +€153 | +2.5% |
| Other operating charges | 640/8 | €2,078 | €3,576 | +€1,498 | +72.1% |
| Gross operating margin | 9900 | €53,756 | €53,161 | -€595 | -1.1% |
| Operating profit (loss) | 9901 | €11,176 | -€5,293 | -€16,469 | |
| Financial income | 75/76B | €269 | €0 | -€269 | -100% |
| Recurring financial income | 75 | €269 | €0 | -€269 | -100% |
| Financial charges | 65/66B | €889 | €731 | -€157 | -17.7% |
| Recurring financial charges | 65 | €889 | €731 | -€157 | -17.7% |
| Profit (loss) for the period before taxes | 9903 | €10,556 | -€6,024 | -€16,580 | |
| Profit (loss) for the period | 9904 | €10,556 | -€6,024 | -€16,580 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,556 | -€6,024 | -€16,580 |
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 16 October 2026 via checked.be.