FROSTYFROGGS: 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.
FROSTYFROGGS
Largest movements
- Stocks and contracts +€95,500
up €95,500 (+48.7%), from €196,000 to €291,500
- Receivables within one year -€19,830
down €19,830 (-43.6%), from €45,434 to €25,604
of which Trade receivables: -€15,278
- Deferred charges and accrued income -€14,700
no longer reported in 2025 (was €14,700)
- Cash -€9,683
down €9,683 (-22.1%), from €43,797 to €34,114
mainly Stocks and contracts (-€95,500) and Investment in fixed assets (net) (-€2,390)
- Tangible fixed assets -€5,531
down €5,531 (-40.6%), from €13,633 to €8,102
- Trade debts +€13,158
up €13,158 (+212%), from €6,193 to €19,351
- Other debts +€12,890
up €12,890 (+104%), from €12,389 to €25,279
- Profit (loss) carried forward +€8,863
up €8,863 (+25.4%), from €34,889 to €43,752
- Tax, wage and social debts +€6,390
up €6,390 (+27.0%), from €23,666 to €30,056
of which Taxes: +€16,246
- Debts after one year +€4,910
up €4,910 (+2.6%), from €191,478 to €196,388
of which Other amounts payable: +€30,000
- Gross operating margin -€36,953
down €36,953 (-37.9%), from €97,566 to €60,613
- Staff costs -€35,753
down €35,753 (-49.3%), from €72,473 to €36,720
- Financial charges +€2,748
up €2,748 (+150%), from €1,835 to €4,583
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 | €313,564 | €361,007 | +€47,443 | +15.1% |
| Fixed assets | 21/28 | €13,633 | €9,789 | -€3,844 | -28.2% |
| Tangible fixed assets | 22/27 | €13,633 | €8,102 | -€5,531 | -40.6% |
| Furniture and vehicles | 24 | €13,633 | €8,102 | -€5,531 | -40.6% |
| Financial fixed assets | 28 | - | €1,687 | +€1,687 | |
| Current assets | 29/58 | €299,931 | €351,218 | +€51,287 | +17.1% |
| Stocks and contracts in progress | 3 | €196,000 | €291,500 | +€95,500 | +48.7% |
| Stocks | 30/36 | €196,000 | €291,500 | +€95,500 | +48.7% |
| Amounts receivable within one year | 40/41 | €45,434 | €25,604 | -€19,830 | -43.6% |
| Trade receivables | 40 | €38,261 | €22,983 | -€15,278 | -39.9% |
| Other amounts receivable | 41 | €7,173 | €2,621 | -€4,552 | -63.5% |
| Cash at bank and in hand | 54/58 | €43,797 | €34,114 | -€9,683 | -22.1% |
| Deferred charges and accrued income | 490/1 | €14,700 | - | -€14,700 | |
| Total equity and liabilities | 10/49 | €313,564 | €361,007 | +€47,443 | +15.1% |
| Equity | 10/15 | €44,889 | €53,752 | +€8,863 | +19.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,889 | €43,752 | +€8,863 | +25.4% |
| Amounts payable | 17/49 | €268,675 | €307,255 | +€38,580 | +14.4% |
| Amounts payable after more than one year | 17 | €191,478 | €196,388 | +€4,910 | +2.6% |
| Financial debts | 170/4 | €61,478 | €36,388 | -€25,090 | -40.8% |
| Other amounts payable | 178/9 | €130,000 | €160,000 | +€30,000 | +23.1% |
| Amounts payable within one year | 42/48 | €77,080 | €110,126 | +€33,046 | +42.9% |
| Current portion of amounts payable after more than one year | 42 | €23,570 | €23,823 | +€253 | +1.1% |
| Financial debts | 43 | €11,262 | €11,617 | +€355 | +3.2% |
| Credit institutions | 430/8 | €11,262 | €11,617 | +€355 | +3.2% |
| Trade debts | 44 | €6,193 | €19,351 | +€13,158 | +212% |
| Suppliers | 440/4 | €6,193 | €19,351 | +€13,158 | +212% |
| Taxes, remuneration and social security | 45 | €23,666 | €30,056 | +€6,390 | +27.0% |
| Taxes | 450/3 | €6,560 | €22,806 | +€16,246 | +248% |
| Remuneration and social security | 454/9 | €17,106 | €7,250 | -€9,856 | -57.6% |
| Other amounts payable | 47/48 | €12,389 | €25,279 | +€12,890 | +104% |
| Accrued charges and deferred income | 492/3 | €117 | €741 | +€624 | +533% |
| Remuneration, social security and pensions | 62 | €72,473 | €36,720 | -€35,753 | -49.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,698 | €6,234 | +€536 | +9.4% |
| Other operating charges | 640/8 | €578 | €400 | -€178 | -30.8% |
| Gross operating margin | 9900 | €97,566 | €60,613 | -€36,953 | -37.9% |
| Operating profit (loss) | 9901 | €18,817 | €17,259 | -€1,558 | -8.3% |
| Financial income | 75/76B | €4 | - | -€4 | |
| Recurring financial income | 75 | €4 | - | -€4 | |
| Financial charges | 65/66B | €1,835 | €4,583 | +€2,748 | +150% |
| Recurring financial charges | 65 | €1,835 | €4,583 | +€2,748 | +150% |
| Profit (loss) for the period before taxes | 9903 | €16,986 | €12,676 | -€4,310 | -25.4% |
| Income taxes | 67/77 | €4,633 | €3,813 | -€820 | -17.7% |
| Profit (loss) for the period | 9904 | €12,353 | €8,863 | -€3,490 | -28.3% |
| Profit (loss) for the period to be appropriated | 9905 | €12,353 | €8,863 | -€3,490 | -28.3% |
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 28 October 2026 via checked.be.