Froka: 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.
Froka
Largest movements
- Receivables within one year +€615,050
up €615,050 (+20,196%), from €3,045 to €618,095
of which Trade receivables: +€610,803
- Tangible fixed assets +€224,513
new in 2025: €224,513
of which Plant, machinery and equipment: +€217,501
- Intangible fixed assets +€180,000
new in 2025: €180,000
- Stocks and contracts +€103,093
new in 2025: €103,093
- Cash +€26,228
up €26,228 (+170%), from €15,421 to €41,649
mainly Trade debts (+€966,845) and Debts after one year (+€137,022)
- Trade debts +€966,845
up €966,845 (+14,649%), from €6,600 to €973,445
- Debts after one year +€137,022
new in 2025: €137,022
- Current portion of long-term debt +€42,284
new in 2025: €42,284
- Other debts -€32,302
down €32,302 (-85.5%), from €37,762 to €5,460
- Profit (loss) carried forward +€28,652
up €28,652 (+19.4%), from €147,433 to €176,085
- Gross operating margin +€256,521
up €256,521 (+462%), from €55,538 to €312,059
- Staff costs +€221,228
new in 2025: €221,228
- Depreciation +€49,066
new in 2025: €49,066
- Taxes -€11,599
down €11,599 (-85.5%), from €13,563 to €1,964
- Financial charges +€9,735
up €9,735 (+207%), from €4,693 to €14,428
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 | €243,466 | €1,393,269 | +€1.1m | +472% |
| Fixed assets | 21/28 | €225,000 | €630,432 | +€405,432 | +180% |
| Intangible fixed assets | 21 | - | €180,000 | +€180,000 | |
| Tangible fixed assets | 22/27 | - | €224,513 | +€224,513 | |
| Plant, machinery and equipment | 23 | - | €217,501 | +€217,501 | |
| Furniture and vehicles | 24 | - | €7,012 | +€7,012 | |
| Financial fixed assets | 28 | €225,000 | €225,919 | +€919 | +0.4% |
| Current assets | 29/58 | €18,466 | €762,837 | +€744,371 | +4,031% |
| Stocks and contracts in progress | 3 | - | €103,093 | +€103,093 | |
| Stocks | 30/36 | - | €103,093 | +€103,093 | |
| Amounts receivable within one year | 40/41 | €3,045 | €618,095 | +€615,050 | +20,196% |
| Trade receivables | 40 | €3,045 | €613,849 | +€610,803 | +20,056% |
| Other amounts receivable | 41 | - | €4,247 | +€4,247 | |
| Cash at bank and in hand | 54/58 | €15,421 | €41,649 | +€26,228 | +170% |
| Total equity and liabilities | 10/49 | €243,466 | €1,393,269 | +€1.1m | +472% |
| Equity | 10/15 | €169,433 | €198,085 | +€28,652 | +16.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €147,433 | €176,085 | +€28,652 | +19.4% |
| Amounts payable | 17/49 | €74,033 | €1,195,184 | +€1.1m | +1,514% |
| Amounts payable after more than one year | 17 | - | €137,022 | +€137,022 | |
| Financial debts | 170/4 | - | €137,022 | +€137,022 | |
| Amounts payable within one year | 42/48 | €74,033 | €1,058,161 | +€984,128 | +1,329% |
| Current portion of amounts payable after more than one year | 42 | - | €42,284 | +€42,284 | |
| Trade debts | 44 | €6,600 | €973,445 | +€966,845 | +14,649% |
| Suppliers | 440/4 | €6,600 | €973,445 | +€966,845 | +14,649% |
| Taxes, remuneration and social security | 45 | €29,671 | €36,973 | +€7,301 | +24.6% |
| Taxes | 450/3 | €29,671 | €20,971 | -€8,700 | -29.3% |
| Remuneration and social security | 454/9 | - | €16,002 | +€16,002 | |
| Other amounts payable | 47/48 | €37,762 | €5,460 | -€32,302 | -85.5% |
| Remuneration, social security and pensions | 62 | - | €221,228 | +€221,228 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €49,066 | +€49,066 | |
| Other operating charges | 640/8 | €548 | €502 | -€46 | -8.5% |
| Gross operating margin | 9900 | €55,538 | €312,059 | +€256,521 | +462% |
| Operating profit (loss) | 9901 | €54,990 | €41,263 | -€13,727 | -25.0% |
| Financial income | 75/76B | - | €3,781 | +€3,781 | |
| Recurring financial income | 75 | - | €3,781 | +€3,781 | |
| Financial charges | 65/66B | €4,693 | €14,428 | +€9,735 | +207% |
| Recurring financial charges | 65 | €4,693 | €14,428 | +€9,735 | +207% |
| Profit (loss) for the period before taxes | 9903 | €50,298 | €30,616 | -€19,681 | -39.1% |
| Income taxes | 67/77 | €13,563 | €1,964 | -€11,599 | -85.5% |
| Profit (loss) for the period | 9904 | €36,734 | €28,652 | -€8,082 | -22.0% |
| Profit (loss) for the period to be appropriated | 9905 | €36,734 | €28,652 | -€8,082 | -22.0% |
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 27 October 2026 via checked.be.