FRONTER: what changed
Two fiscal 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.
FRONTER
Largest movements
- Financial fixed assets -€15,000
down €15,000 (-30.0%), from €50,000 to €35,000
- Receivables within one year -€8,620
down €8,620 (-20.0%), from €43,018 to €34,398
- Trade debts -€12,587
down €12,587 (-46.4%), from €27,115 to €14,528
- Tax, wage and social debts -€8,160
down €8,160 (-24.4%), from €33,444 to €25,283
of which Taxes: -€7,410
- Other debts -€5,697
down €5,697 (-39.6%), from €14,368 to €8,671
- Reserves +€2,924
up €2,924 (+155.5%), from €1,880 to €4,804
- Gross operating margin +€20,718
up €20,718 (+570.3%), from €3,633 to €24,351
- Other operating charges +€1,373
new in 2024: €1,373
- Taxes +€1,108
up €1,108 (+64.3%), from €1,723 to €2,832
- Financial charges +€475
up €475 (+1586.8%), from €30 to €505
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €96,806 | €73,287 | -€23,520 | -24.3% |
| Fixed assets | 21/28 | €50,000 | €35,000 | -€15,000 | -30.0% |
| Financial fixed assets | 28 | €50,000 | €35,000 | -€15,000 | -30.0% |
| Current assets | 29/58 | €46,806 | €38,287 | -€8,520 | -18.2% |
| Amounts receivable within one year | 40/41 | €43,018 | €34,398 | -€8,620 | -20.0% |
| Trade receivables | 40 | €43,018 | €34,398 | -€8,620 | -20.0% |
| Cash at bank and in hand | 54/58 | €2,970 | €2,961 | -€9 | -0.3% |
| Deferred charges and accrued income | 490/1 | €819 | €928 | +€109 | +13.3% |
| Total equity and liabilities | 10/49 | €96,806 | €73,287 | -€23,520 | -24.3% |
| Equity | 10/15 | €21,880 | €24,804 | +€2,924 | +13.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,880 | €4,804 | +€2,924 | +155.5% |
| Distributable reserves | 133 | €1,880 | €4,804 | +€2,924 | +155.5% |
| Amounts payable | 17/49 | €74,927 | €48,483 | -€26,444 | -35.3% |
| Amounts payable within one year | 42/48 | €74,927 | €48,483 | -€26,444 | -35.3% |
| Trade debts | 44 | €27,115 | €14,528 | -€12,587 | -46.4% |
| Suppliers | 440/4 | €27,115 | €14,528 | -€12,587 | -46.4% |
| Taxes, remuneration and social security | 45 | €33,444 | €25,283 | -€8,160 | -24.4% |
| Taxes | 450/3 | €32,694 | €25,283 | -€7,410 | -22.7% |
| Remuneration and social security | 454/9 | €750 | - | -€750 | |
| Other amounts payable | 47/48 | €14,368 | €8,671 | -€5,697 | -39.6% |
| Other operating charges | 640/8 | - | €1,373 | +€1,373 | |
| Non-recurring operating charges | 66A | - | €14,999 | +€14,999 | |
| Gross operating margin | 9900 | €3,633 | €24,351 | +€20,718 | +570.3% |
| Operating profit (loss) | 9901 | €3,633 | €7,978 | +€4,346 | +119.6% |
| Financial charges | 65/66B | €30 | €505 | +€475 | +1586.8% |
| Recurring financial charges | 65 | €30 | €505 | +€475 | +1586.8% |
| Profit (loss) for the period before taxes | 9903 | €3,603 | €7,473 | +€3,871 | +107.4% |
| Income taxes | 67/77 | €1,723 | €2,832 | +€1,108 | +64.3% |
| Profit (loss) for the period | 9904 | €1,880 | €4,642 | +€2,762 | +146.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,880 | €4,642 | +€2,762 | +146.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.