FRK Projects: 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.
FRK Projects
Largest movements
- Cash +€408,075
up €408,075 (+2,009%), from €20,311 to €428,386
mainly Stocks and contracts (+€243,713) and Other debts (+€94,813)
- Stocks and contracts -€243,713
down €243,713 (-61.0%), from €399,208 to €155,495
of which Stocks: -€231,713
- Other debts +€94,813
up €94,813 (+23.7%), from €400,256 to €495,069
- Reserves +€69,187
up €69,187 (+9,853%), from €702 to €69,889
- Trade debts -€18,025
down €18,025 (-92.9%), from €19,396 to €1,371
- Tax, wage and social debts +€17,121
up €17,121 (+9,753%), from €176 to €17,297
- Gross operating margin +€87,567
up €87,567, from -€562 to €87,005
- Taxes +€17,121
up €17,121 (+9,753%), from €176 to €17,297
- Financial income -€3,465
down €3,465 (-96.0%), from €3,609 to €144
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 | €430,530 | €593,626 | +€163,095 | +37.9% |
| Current assets | 29/58 | €430,530 | €593,626 | +€163,095 | +37.9% |
| Stocks and contracts in progress | 3 | €399,208 | €155,495 | -€243,713 | -61.0% |
| Stocks | 30/36 | €387,208 | €155,495 | -€231,713 | -59.8% |
| Contracts in progress | 37 | €12,000 | - | -€12,000 | |
| Amounts receivable within one year | 40/41 | €11,011 | €9,745 | -€1,266 | -11.5% |
| Trade receivables | 40 | - | €3,835 | +€3,835 | |
| Other amounts receivable | 41 | €11,011 | €5,909 | -€5,101 | -46.3% |
| Cash at bank and in hand | 54/58 | €20,311 | €428,386 | +€408,075 | +2,009% |
| Total equity and liabilities | 10/49 | €430,530 | €593,626 | +€163,095 | +37.9% |
| Equity | 10/15 | €10,702 | €79,889 | +€69,187 | +646% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €702 | €69,889 | +€69,187 | +9,853% |
| Distributable reserves | 133 | €702 | €69,889 | +€69,187 | +9,853% |
| Amounts payable | 17/49 | €419,828 | €513,737 | +€93,909 | +22.4% |
| Amounts payable within one year | 42/48 | €419,828 | €513,737 | +€93,909 | +22.4% |
| Trade debts | 44 | €19,396 | €1,371 | -€18,025 | -92.9% |
| Suppliers | 440/4 | €19,396 | €1,371 | -€18,025 | -92.9% |
| Taxes, remuneration and social security | 45 | €176 | €17,297 | +€17,121 | +9,753% |
| Taxes | 450/3 | €176 | €17,297 | +€17,121 | +9,753% |
| Other amounts payable | 47/48 | €400,256 | €495,069 | +€94,813 | +23.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €605 | - | -€605 | |
| Other operating charges | 640/8 | €976 | €527 | -€450 | -46.1% |
| Gross operating margin | 9900 | -€562 | €87,005 | +€87,567 | |
| Operating profit (loss) | 9901 | -€2,143 | €86,479 | +€88,622 | |
| Financial income | 75/76B | €3,609 | €144 | -€3,465 | -96.0% |
| Recurring financial income | 75 | €3,609 | €144 | -€3,465 | -96.0% |
| Financial charges | 65/66B | €588 | €139 | -€449 | -76.3% |
| Recurring financial charges | 65 | €588 | €139 | -€449 | -76.3% |
| Profit (loss) for the period before taxes | 9903 | €878 | €86,483 | +€85,605 | +9,753% |
| Income taxes | 67/77 | €176 | €17,297 | +€17,121 | +9,753% |
| Profit (loss) for the period | 9904 | €702 | €69,187 | +€68,484 | +9,753% |
| Profit (loss) for the period to be appropriated | 9905 | €702 | €69,187 | +€68,484 | +9,753% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.