FRONTEND RETAIL SOLUTIONS: 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.
What changed
FRONTEND RETAIL SOLUTIONS
NACE 28.990, Manufacture of machinery and equipment not elsewhere classified
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€183,040
2024 · €141,001+€42,039
Equity
€1.0m
2024 · €1.0m+€3,040
Cash
€665,753
2024 · €283,433+€382,320
Balance sheet total
€2.0m
2024 · €1.6m+€393,041
Largest movements
Assets
- Cash +€382,320
up €382,320 (+135%), from €283,433 to €665,753
mainly Trade debts (+€247,897) and Net result for the year (+€183,040)
- Stocks and contracts +€90,500
up €90,500 (+19.8%), from €458,047 to €548,547
- Receivables within one year -€68,391
down €68,391 (-8.4%), from €813,356 to €744,965
of which Trade receivables: -€68,616
Equity and liabilities
- Trade debts +€247,897
up €247,897 (+142%), from €174,127 to €422,024
- Other debts +€141,996
up €141,996 (+64.6%), from €219,672 to €361,668
Income statement
- Taxes -€49,564
down €49,564 (-89.4%), from €55,457 to €5,893
- Staff costs +€48,817
up €48,817 (+28.0%), from €174,608 to €223,424
- Gross operating margin +€41,379
up €41,379 (+10.5%), from €393,453 to €434,832
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.
Result 2024
€141,001
Gross operating margin
+€41,379
Staff costs
-€48,817
Depreciation
-€1,585
Write-downs
-€1,027
Other operating charges
-€305
Financial income
+€590
Financial charges
+€2,239
Taxes
+€49,564
Result 2025
€183,040
raises the resultlowers the result
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.
From operations
+€559,313
Investment
+€3,008
Financing
-€180,000
Cash 2024
€283,433
From operations (derived)
+€559,313
Net result for the year
+€183,040
Depreciation
+€7,026
Stocks and contracts
-€90,500
Receivables within one year
+€68,391
Deferred charges and accrued income
+€1,355
Trade debts
+€247,897
Tax, wage and social debts
+€15,639
Advances received
-€9,000
Other debts
+€141,996
Accrued charges and deferred income
-€6,530
Investment (derived)
+€3,008
Investment in fixed assets (net)
+€3,008
Financing
-€180,000
Contributions, distributions and other
-€180,000
Cash 2025
€665,753
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,594,231 | €1,987,272 | +€393,041 | +24.7% |
| Fixed assets | 21/28 | €34,727 | €24,693 | -€10,034 | -28.9% |
| Tangible fixed assets | 22/27 | €28,825 | €21,799 | -€7,026 | -24.4% |
| Furniture and vehicles | 24 | €28,825 | €21,799 | -€7,026 | -24.4% |
| Financial fixed assets | 28 | €5,901 | €2,894 | -€3,008 | -51.0% |
| Current assets | 29/58 | €1,559,504 | €1,962,579 | +€403,075 | +25.8% |
| Stocks and contracts in progress | 3 | €458,047 | €548,547 | +€90,500 | +19.8% |
| Stocks | 30/36 | €458,047 | €548,547 | +€90,500 | +19.8% |
| Amounts receivable within one year | 40/41 | €813,356 | €744,965 | -€68,391 | -8.4% |
| Trade receivables | 40 | €813,356 | €744,740 | -€68,616 | -8.4% |
| Other amounts receivable | 41 | €0 | €225 | +€225 | |
| Cash at bank and in hand | 54/58 | €283,433 | €665,753 | +€382,320 | +135% |
| Deferred charges and accrued income | 490/1 | €4,668 | €3,313 | -€1,355 | -29.0% |
| Total equity and liabilities | 10/49 | €1,594,231 | €1,987,272 | +€393,041 | +24.7% |
| Equity | 10/15 | €1,016,398 | €1,019,437 | +€3,040 | +0.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €997,798 | €1,000,837 | +€3,040 | +0.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €977,188 | €980,227 | +€3,040 | +0.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €577,833 | €967,834 | +€390,001 | +67.5% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €571,303 | €967,834 | +€396,531 | +69.4% |
| Trade debts | 44 | €174,127 | €422,024 | +€247,897 | +142% |
| Suppliers | 440/4 | €174,127 | €422,024 | +€247,897 | +142% |
| Advances received on contracts in progress | 46 | €46,500 | €37,500 | -€9,000 | -19.4% |
| Taxes, remuneration and social security | 45 | €131,004 | €146,643 | +€15,639 | +11.9% |
| Taxes | 450/3 | €112,922 | €129,492 | +€16,570 | +14.7% |
| Remuneration and social security | 454/9 | €18,082 | €17,151 | -€932 | -5.2% |
| Other amounts payable | 47/48 | €219,672 | €361,668 | +€141,996 | +64.6% |
| Accrued charges and deferred income | 492/3 | €6,530 | €0 | -€6,530 | -100% |
| Non-recurring operating income | 76A | €7,117 | €0 | -€7,117 | -100% |
| Remuneration, social security and pensions | 62 | €174,608 | €223,424 | +€48,817 | +28.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,441 | €7,026 | +€1,585 | +29.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,961 | €4,988 | +€1,027 | +25.9% |
| Other operating charges | 640/8 | €5,281 | €5,586 | +€305 | +5.8% |
| Gross operating margin | 9900 | €393,453 | €434,832 | +€41,379 | +10.5% |
| Operating profit (loss) | 9901 | €204,161 | €193,806 | -€10,355 | -5.1% |
| Financial income | 75/76B | €434 | €1,024 | +€590 | +136% |
| Recurring financial income | 75 | €434 | €1,024 | +€590 | +136% |
| Financial charges | 65/66B | €8,137 | €5,897 | -€2,239 | -27.5% |
| Recurring financial charges | 65 | €8,137 | €5,897 | -€2,239 | -27.5% |
| Profit (loss) for the period before taxes | 9903 | €196,458 | €188,932 | -€7,526 | -3.8% |
| Income taxes | 67/77 | €55,457 | €5,893 | -€49,564 | -89.4% |
| Profit (loss) for the period | 9904 | €141,001 | €183,040 | +€42,039 | +29.8% |
| Profit (loss) for the period to be appropriated | 9905 | €141,001 | €183,040 | +€42,039 | +29.8% |
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.