Froidefontaine: 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.
Froidefontaine
Largest movements
- Cash -€43,494
down €43,494 (-51.7%), from €84,086 to €40,592
mainly Net result for the year (-€140,247) and Investment in fixed assets (net) (-€38,642)
- Receivables within one year -€9,259
down €9,259 (-20.7%), from €44,783 to €35,524
of which Trade receivables: -€10,081
- Tangible fixed assets -€4,254
down €4,254 (-2.4%), from €179,554 to €175,301
of which Plant, machinery and equipment: -€15,577
- Profit (loss) carried forward -€140,247
down €140,247 (-26.2%), from -€536,207 to -€676,454
- Debts after one year +€100,000
up €100,000 (+20.0%), from €500,000 to €600,000
of which Financial debts: +€100,000
- Tax, wage and social debts -€12,908
down €12,908 (-96.5%), from €13,376 to €468
of which Remuneration and social security: -€12,738
- Other debts -€11,386
down €11,386 (-72.4%), from €15,729 to €4,344
- Trade debts +€8,933
up €8,933 (+166%), from €5,396 to €14,329
- Gross operating margin -€68,581
down €68,581 (-76.5%), from €89,592 to €21,011
- Staff costs +€5,242
up €5,242 (+4.5%), from €115,846 to €121,088
- Other operating charges -€2,671
down €2,671 (-57.9%), from €4,614 to €1,943
- Financial income +€1,506
up €1,506 (+39.7%), from €3,791 to €5,296
of which Non-recurring financial income: +€1,399
- Depreciation +€1,238
up €1,238 (+3.0%), from €41,658 to €42,896
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 | €368,754 | €313,147 | -€55,607 | -15.1% |
| Fixed assets | 21/28 | €235,594 | €231,340 | -€4,254 | -1.8% |
| Tangible fixed assets | 22/27 | €179,554 | €175,301 | -€4,254 | -2.4% |
| Land and buildings | 22 | €78,725 | €78,867 | +€142 | +0.2% |
| Plant, machinery and equipment | 23 | €50,131 | €34,555 | -€15,577 | -31.1% |
| Furniture and vehicles | 24 | €25,875 | €41,531 | +€15,656 | +60.5% |
| Other tangible fixed assets | 26 | €24,283 | €19,809 | -€4,475 | -18.4% |
| Assets under construction and advance payments | 27 | €540 | €540 | = | 0.0% |
| Financial fixed assets | 28 | €56,039 | €56,039 | = | 0.0% |
| Current assets | 29/58 | €133,160 | €81,807 | -€51,353 | -38.6% |
| Stocks and contracts in progress | 3 | €1,145 | €19 | -€1,126 | -98.3% |
| Stocks | 30/36 | €1,145 | €19 | -€1,126 | -98.3% |
| Amounts receivable within one year | 40/41 | €44,783 | €35,524 | -€9,259 | -20.7% |
| Trade receivables | 40 | €40,891 | €30,810 | -€10,081 | -24.7% |
| Other amounts receivable | 41 | €3,892 | €4,714 | +€822 | +21.1% |
| Cash at bank and in hand | 54/58 | €84,086 | €40,592 | -€43,494 | -51.7% |
| Deferred charges and accrued income | 490/1 | €3,146 | €5,672 | +€2,526 | +80.3% |
| Total equity and liabilities | 10/49 | €368,754 | €313,147 | -€55,607 | -15.1% |
| Equity | 10/15 | -€165,747 | -€305,994 | -€140,247 | -84.6% |
| Contributions | 10/11 | €368,600 | €368,600 | = | 0.0% |
| Capital | 10 | €368,600 | €368,600 | = | 0.0% |
| Issued capital | 100 | €368,600 | €368,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€536,207 | -€676,454 | -€140,247 | -26.2% |
| Amounts payable | 17/49 | €534,501 | €619,141 | +€84,640 | +15.8% |
| Amounts payable after more than one year | 17 | €500,000 | €600,000 | +€100,000 | +20.0% |
| Financial debts | 170/4 | €400,000 | €500,000 | +€100,000 | +25.0% |
| Other amounts payable | 178/9 | €100,000 | €100,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €34,501 | €19,141 | -€15,360 | -44.5% |
| Trade debts | 44 | €5,396 | €14,329 | +€8,933 | +166% |
| Suppliers | 440/4 | €5,396 | €14,329 | +€8,933 | +166% |
| Taxes, remuneration and social security | 45 | €13,376 | €468 | -€12,908 | -96.5% |
| Taxes | 450/3 | €639 | €468 | -€170 | -26.7% |
| Remuneration and social security | 454/9 | €12,738 | - | -€12,738 | |
| Other amounts payable | 47/48 | €15,729 | €4,344 | -€11,386 | -72.4% |
| Remuneration, social security and pensions | 62 | €115,846 | €121,088 | +€5,242 | +4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,658 | €42,896 | +€1,238 | +3.0% |
| Other operating charges | 640/8 | €4,614 | €1,943 | -€2,671 | -57.9% |
| Gross operating margin | 9900 | €89,592 | €21,011 | -€68,581 | -76.5% |
| Operating profit (loss) | 9901 | -€72,526 | -€144,916 | -€72,390 | -99.8% |
| Financial income | 75/76B | €3,791 | €5,296 | +€1,506 | +39.7% |
| Recurring financial income | 75 | €69 | €176 | +€107 | +155% |
| Non-recurring financial income | 76B | €3,721 | €5,120 | +€1,399 | +37.6% |
| Financial charges | 65/66B | €373 | €149 | -€224 | -60.1% |
| Recurring financial charges | 65 | €125 | €149 | +€24 | +19.1% |
| Non-recurring financial charges | 66B | €248 | - | -€248 | |
| Profit (loss) for the period before taxes | 9903 | -€69,108 | -€139,769 | -€70,661 | -102% |
| Income taxes | 67/77 | €448 | €478 | +€30 | +6.8% |
| Profit (loss) for the period | 9904 | -€69,556 | -€140,247 | -€70,691 | -102% |
| Profit (loss) for the period to be appropriated | 9905 | -€69,556 | -€140,247 | -€70,691 | -102% |
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 17 October 2026 via checked.be.