Frostique: 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.
Frostique
Largest movements
- Tangible fixed assets +€186,369
up €186,369 (+42.5%), from €438,304 to €624,673
of which Plant, machinery and equipment: +€144,587
- Intangible fixed assets -€36,000
down €36,000 (-10.0%), from €360,000 to €324,000
- Cash -€30,876
down €30,876 (-92.6%), from €33,335 to €2,459
mainly Investment in fixed assets (net) (-€253,810) and Current portion of long-term debt (-€87,272)
- Stocks and contracts +€13,418
up €13,418 (+22.0%), from €60,936 to €74,353
- Receivables within one year -€13,138
down €13,138 (-14.5%), from €90,621 to €77,483
of which Other amounts receivable: -€44,114
- Debts after one year +€88,269
up €88,269 (+11.8%), from €746,425 to €834,694
- Current portion of long-term debt -€87,272
down €87,272 (-45.5%), from €191,744 to €104,472
- Short-term financial debts +€40,000
up €40,000 (+53.3%), from €75,000 to €115,000
- Profit (loss) carried forward +€39,548
up €39,548 (+46.6%), from -€84,908 to -€45,360
- Trade debts +€36,785
up €36,785 (+46.5%), from €79,135 to €115,920
- Gross operating margin +€233,244
up €233,244, from -€39,210 to €194,034
- Depreciation +€103,440
new in 2025: €103,440
- Staff costs +€20,934
new in 2025: €20,934
- Financial charges +€10,909
up €10,909 (+59.1%), from €18,460 to €29,369
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.
Cash bridge derived
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 | €1,012,396 | €1,139,362 | +€126,966 | +12.5% |
| Fixed assets | 21/28 | €821,704 | €972,073 | +€150,369 | +18.3% |
| Intangible fixed assets | 21 | €360,000 | €324,000 | -€36,000 | -10.0% |
| Tangible fixed assets | 22/27 | €438,304 | €624,673 | +€186,369 | +42.5% |
| Plant, machinery and equipment | 23 | €396,611 | €541,198 | +€144,587 | +36.5% |
| Furniture and vehicles | 24 | €41,692 | €83,475 | +€41,782 | +100.2% |
| Financial fixed assets | 28 | €23,400 | €23,400 | = | 0.0% |
| Current assets | 29/58 | €190,692 | €167,289 | -€23,403 | -12.3% |
| Stocks and contracts in progress | 3 | €60,936 | €74,353 | +€13,418 | +22.0% |
| Stocks | 30/36 | €60,936 | €74,353 | +€13,418 | +22.0% |
| Amounts receivable within one year | 40/41 | €90,621 | €77,483 | -€13,138 | -14.5% |
| Trade receivables | 40 | €31,230 | €62,205 | +€30,976 | +99.2% |
| Other amounts receivable | 41 | €59,391 | €15,278 | -€44,114 | -74.3% |
| Cash at bank and in hand | 54/58 | €33,335 | €2,459 | -€30,876 | -92.6% |
| Deferred charges and accrued income | 490/1 | €5,800 | €12,994 | +€7,194 | +124.0% |
| Total equity and liabilities | 10/49 | €1,012,396 | €1,139,362 | +€126,966 | +12.5% |
| Equity | 10/15 | -€79,908 | -€40,360 | +€39,548 | +49.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€84,908 | -€45,360 | +€39,548 | +46.6% |
| Amounts payable | 17/49 | €1,092,304 | €1,179,722 | +€87,419 | +8.0% |
| Amounts payable after more than one year | 17 | €746,425 | €834,694 | +€88,269 | +11.8% |
| Financial debts | 170/4 | €746,425 | €834,694 | +€88,269 | +11.8% |
| Amounts payable within one year | 42/48 | €345,879 | €345,028 | -€851 | -0.2% |
| Current portion of amounts payable after more than one year | 42 | €191,744 | €104,472 | -€87,272 | -45.5% |
| Financial debts | 43 | €75,000 | €115,000 | +€40,000 | +53.3% |
| Credit institutions | 430/8 | €75,000 | €115,000 | +€40,000 | +53.3% |
| Trade debts | 44 | €79,135 | €115,920 | +€36,785 | +46.5% |
| Suppliers | 440/4 | €79,135 | €115,920 | +€36,785 | +46.5% |
| Taxes, remuneration and social security | 45 | - | €9,596 | +€9,596 | |
| Taxes | 450/3 | - | €2,133 | +€2,133 | |
| Remuneration and social security | 454/9 | - | €7,463 | +€7,463 | |
| Other amounts payable | 47/48 | - | €40 | +€40 | |
| Remuneration, social security and pensions | 62 | - | €20,934 | +€20,934 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €103,440 | +€103,440 | |
| Other operating charges | 640/8 | €238 | €673 | +€435 | +182.6% |
| Non-recurring operating charges | 66A | €27,000 | - | -€27,000 | |
| Gross operating margin | 9900 | -€39,210 | €194,034 | +€233,244 | |
| Operating profit (loss) | 9901 | -€66,449 | €68,987 | +€135,435 | |
| Financial charges | 65/66B | €18,460 | €29,369 | +€10,909 | +59.1% |
| Recurring financial charges | 65 | €18,460 | €29,369 | +€10,909 | +59.1% |
| Profit (loss) for the period before taxes | 9903 | -€84,908 | €39,618 | +€124,526 | |
| Income taxes | 67/77 | - | €70 | +€70 | |
| Profit (loss) for the period | 9904 | -€84,908 | €39,548 | +€124,456 | |
| Profit (loss) for the period to be appropriated | 9905 | -€84,908 | €39,548 | +€124,456 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.