FRONICA: 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.
FRONICA
Largest movements
- Cash -€22,349
down €22,349 (-42.0%), from €53,193 to €30,844
mainly Net result for the year (-€32,850) and Receivables within one year (-€13,306)
- Tangible fixed assets -€16,157
down €16,157 (-31.1%), from €52,015 to €35,858
of which Plant, machinery and equipment: -€8,423
- Receivables within one year +€13,306
up €13,306 (+216%), from €6,173 to €19,480
of which Trade receivables: +€19,034
- Deferred charges and accrued income +€2,088
up €2,088 (+67.8%), from €3,080 to €5,168
- Stocks and contracts -€1,593
down €1,593 (-14.1%), from €11,295 to €9,702
- Profit (loss) carried forward -€32,850
down €32,850 (-56.7%), from €57,937 to €25,088
- Trade debts +€11,564
up €11,564 (+63.0%), from €18,367 to €29,931
- Current portion of long-term debt -€5,128
down €5,128 (-100%), from €5,128 to €0
- Accrued charges and deferred income +€2,337
up €2,337, from €0 to €2,337
- Gross operating margin -€168,449
down €168,449 (-46.0%), from €366,082 to €197,633
- Staff costs -€128,938
down €128,938 (-38.6%), from €334,011 to €205,073
- Financial income +€3,713
up €3,713, from €0 to €3,713
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 | €125,757 | €101,052 | -€24,704 | -19.6% |
| Fixed assets | 21/28 | €52,015 | €35,858 | -€16,157 | -31.1% |
| Tangible fixed assets | 22/27 | €52,015 | €35,858 | -€16,157 | -31.1% |
| Plant, machinery and equipment | 23 | €29,132 | €20,709 | -€8,423 | -28.9% |
| Furniture and vehicles | 24 | €217 | €0 | -€217 | -100% |
| Other tangible fixed assets | 26 | €22,667 | €15,149 | -€7,517 | -33.2% |
| Current assets | 29/58 | €73,741 | €65,194 | -€8,547 | -11.6% |
| Stocks and contracts in progress | 3 | €11,295 | €9,702 | -€1,593 | -14.1% |
| Stocks | 30/36 | €11,295 | €9,702 | -€1,593 | -14.1% |
| Amounts receivable within one year | 40/41 | €6,173 | €19,480 | +€13,306 | +216% |
| Trade receivables | 40 | €446 | €19,480 | +€19,034 | +4,271% |
| Other amounts receivable | 41 | €5,728 | €0 | -€5,728 | -100% |
| Cash at bank and in hand | 54/58 | €53,193 | €30,844 | -€22,349 | -42.0% |
| Deferred charges and accrued income | 490/1 | €3,080 | €5,168 | +€2,088 | +67.8% |
| Total equity and liabilities | 10/49 | €125,757 | €101,052 | -€24,704 | -19.6% |
| Equity | 10/15 | €78,397 | €45,548 | -€32,850 | -41.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €57,937 | €25,088 | -€32,850 | -56.7% |
| Amounts payable | 17/49 | €47,359 | €55,505 | +€8,146 | +17.2% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €47,359 | €53,168 | +€5,809 | +12.3% |
| Current portion of amounts payable after more than one year | 42 | €5,128 | €0 | -€5,128 | -100% |
| Trade debts | 44 | €18,367 | €29,931 | +€11,564 | +63.0% |
| Suppliers | 440/4 | €18,367 | €29,931 | +€11,564 | +63.0% |
| Taxes, remuneration and social security | 45 | €21,738 | €21,789 | +€51 | +0.2% |
| Taxes | 450/3 | €2,534 | €3,948 | +€1,414 | +55.8% |
| Remuneration and social security | 454/9 | €19,204 | €17,841 | -€1,363 | -7.1% |
| Other amounts payable | 47/48 | €2,126 | €1,448 | -€678 | -31.9% |
| Accrued charges and deferred income | 492/3 | €0 | €2,337 | +€2,337 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €334,011 | €205,073 | -€128,938 | -38.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,181 | €20,340 | -€841 | -4.0% |
| Other operating charges | 640/8 | €1,398 | €886 | -€513 | -36.7% |
| Non-recurring operating charges | 66A | €1,537 | €0 | -€1,537 | -100% |
| Gross operating margin | 9900 | €366,082 | €197,633 | -€168,449 | -46.0% |
| Operating profit (loss) | 9901 | €7,954 | -€28,666 | -€36,620 | |
| Financial income | 75/76B | €0 | €3,713 | +€3,713 | |
| Recurring financial income | 75 | €0 | €3,713 | +€3,713 | |
| Financial charges | 65/66B | €9,263 | €7,898 | -€1,365 | -14.7% |
| Recurring financial charges | 65 | €9,263 | €7,898 | -€1,365 | -14.7% |
| Profit (loss) for the period before taxes | 9903 | -€1,309 | -€32,850 | -€31,541 | -2,410% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€1,309 | -€32,850 | -€31,541 | -2,410% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,309 | -€32,850 | -€31,541 | -2,410% |
Source: filed annual accounts (NBB), financial years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.