FRONS: 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.
FRONS
Largest movements
- Cash +€30,535
up €30,535 (+52.3%), from €58,400 to €88,935
mainly Net result for the year (+€87,025) and Receivables within one year (+€18,012)
- Receivables within one year -€18,012
down €18,012 (-55.4%), from €32,532 to €14,520
- Tangible fixed assets -€3,301
down €3,301 (-52.5%), from €6,288 to €2,986
of which Furniture and vehicles: -€3,145
- Other debts +€4,887
up €4,887 (+5.8%), from €84,160 to €89,047
- Tax, wage and social debts +€4,418
up €4,418 (+51.2%), from €8,621 to €13,039
- Gross operating margin +€7,672
up €7,672 (+7.1%), from €107,950 to €115,622
- Taxes +€1,927
up €1,927 (+8.7%), from €22,163 to €24,090
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 | €98,438 | €107,673 | +€9,235 | +9.4% |
| Fixed assets | 21/28 | €6,328 | €3,026 | -€3,301 | -52.2% |
| Tangible fixed assets | 22/27 | €6,288 | €2,986 | -€3,301 | -52.5% |
| Plant, machinery and equipment | 23 | €156 | €0 | -€156 | -100% |
| Furniture and vehicles | 24 | €6,132 | €2,986 | -€3,145 | -51.3% |
| Financial fixed assets | 28 | €40 | €40 | = | 0.0% |
| Current assets | 29/58 | €92,111 | €104,646 | +€12,536 | +13.6% |
| Amounts receivable within one year | 40/41 | €32,532 | €14,520 | -€18,012 | -55.4% |
| Trade receivables | 40 | €32,532 | €14,520 | -€18,012 | -55.4% |
| Cash at bank and in hand | 54/58 | €58,400 | €88,935 | +€30,535 | +52.3% |
| Deferred charges and accrued income | 490/1 | €1,178 | €1,192 | +€13 | +1.1% |
| Total equity and liabilities | 10/49 | €98,438 | €107,673 | +€9,235 | +9.4% |
| Equity | 10/15 | €5,000 | €5,000 | = | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €93,438 | €102,673 | +€9,235 | +9.9% |
| Amounts payable within one year | 42/48 | €93,438 | €102,673 | +€9,235 | +9.9% |
| Trade debts | 44 | €658 | €587 | -€71 | -10.7% |
| Suppliers | 440/4 | €658 | €587 | -€71 | -10.7% |
| Taxes, remuneration and social security | 45 | €8,621 | €13,039 | +€4,418 | +51.2% |
| Taxes | 450/3 | €8,621 | €13,039 | +€4,418 | +51.2% |
| Other amounts payable | 47/48 | €84,160 | €89,047 | +€4,887 | +5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,178 | €3,301 | +€123 | +3.9% |
| Other operating charges | 640/8 | €1,170 | €1,166 | -€4 | -0.3% |
| Gross operating margin | 9900 | €107,950 | €115,622 | +€7,672 | +7.1% |
| Operating profit (loss) | 9901 | €103,602 | €111,155 | +€7,553 | +7.3% |
| Financial charges | 65/66B | €39 | €40 | +€1 | +3.5% |
| Recurring financial charges | 65 | €39 | €40 | +€1 | +3.5% |
| Profit (loss) for the period before taxes | 9903 | €103,563 | €111,115 | +€7,551 | +7.3% |
| Income taxes | 67/77 | €22,163 | €24,090 | +€1,927 | +8.7% |
| Profit (loss) for the period | 9904 | €81,400 | €87,025 | +€5,624 | +6.9% |
| Profit (loss) for the period to be appropriated | 9905 | €81,400 | €87,025 | +€5,624 | +6.9% |
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.