FROU-FROU: 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.
FROU-FROU
Largest movements
- Receivables within one year -€4,264
down €4,264 (-9.7%), from €43,780 to €39,515
of which Trade receivables: -€5,215
- Stocks and contracts +€3,663
up €3,663 (+30.2%), from €12,121 to €15,784
- Cash +€1,932
up €1,932 (+43.8%), from €4,410 to €6,342
mainly Net result for the year (+€7,797) and Receivables within one year (+€4,264)
- Tangible fixed assets -€748
down €748 (-50.6%), from €1,478 to €729
of which Furniture and vehicles: -€417
- Trade debts -€7,900
down €7,900 (-80.8%), from €9,782 to €1,882
- Profit (loss) carried forward +€7,797
up €7,797 (+210%), from €3,706 to €11,503
- Purchases and services -€70,399
no longer reported in 2026 (was €70,399)
- Turnover -€63,555
no longer reported in 2026 (was €63,555)
- Gross operating margin +€15,962
up €15,962, from -€6,344 to €9,618
- Staff costs +€1,204
no longer reported in 2026 (was -€1,204)
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €61,888 | €62,471 | +€583 | +0.9% |
| Fixed assets | 21/28 | €1,578 | €829 | -€748 | -47.4% |
| Tangible fixed assets | 22/27 | €1,478 | €729 | -€748 | -50.6% |
| Plant, machinery and equipment | 23 | €310 | €141 | -€169 | -54.6% |
| Furniture and vehicles | 24 | €417 | €0 | -€417 | -100.0% |
| Other tangible fixed assets | 26 | €750 | €588 | -€162 | -21.6% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €60,310 | €61,641 | +€1,331 | +2.2% |
| Stocks and contracts in progress | 3 | €12,121 | €15,784 | +€3,663 | +30.2% |
| Stocks | 30/36 | €12,121 | €15,784 | +€3,663 | +30.2% |
| Amounts receivable within one year | 40/41 | €43,780 | €39,515 | -€4,264 | -9.7% |
| Trade receivables | 40 | €5,623 | €408 | -€5,215 | -92.7% |
| Other amounts receivable | 41 | €38,157 | €39,107 | +€950 | +2.5% |
| Cash at bank and in hand | 54/58 | €4,410 | €6,342 | +€1,932 | +43.8% |
| Total equity and liabilities | 10/49 | €61,888 | €62,471 | +€583 | +0.9% |
| Equity | 10/15 | €52,106 | €59,903 | +€7,797 | +15.0% |
| Contributions | 10/11 | €44,000 | €44,000 | = | 0.0% |
| Reserves | 13 | €4,400 | €4,400 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,400 | €4,400 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,400 | €4,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,706 | €11,503 | +€7,797 | +210% |
| Amounts payable | 17/49 | €9,782 | €2,568 | -€7,214 | -73.7% |
| Amounts payable within one year | 42/48 | €9,782 | €2,443 | -€7,339 | -75.0% |
| Trade debts | 44 | €9,782 | €1,882 | -€7,900 | -80.8% |
| Suppliers | 440/4 | €9,782 | €1,882 | -€7,900 | -80.8% |
| Taxes, remuneration and social security | 45 | - | €561 | +€561 | |
| Taxes | 450/3 | - | €561 | +€561 | |
| Accrued charges and deferred income | 492/3 | - | €125 | +€125 | |
| Turnover | 70 | €63,555 | - | -€63,555 | |
| Goods, raw materials, services and sundry goods | 60/61 | €70,399 | - | -€70,399 | |
| Remuneration, social security and pensions | 62 | -€1,204 | - | +€1,204 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €774 | €748 | -€26 | -3.3% |
| Other operating charges | 640/8 | €1,067 | €1,531 | +€464 | +43.5% |
| Non-recurring operating charges | 66A | €5,113 | - | -€5,113 | |
| Gross operating margin | 9900 | -€6,344 | €9,618 | +€15,962 | |
| Operating profit (loss) | 9901 | -€12,094 | €7,339 | +€19,433 | |
| Financial income | 75/76B | €769 | €1,029 | +€260 | +33.8% |
| Recurring financial income | 75 | €769 | €1,029 | +€260 | +33.8% |
| Financial charges | 65/66B | €992 | €572 | -€420 | -42.4% |
| Recurring financial charges | 65 | €992 | €572 | -€420 | -42.4% |
| Profit (loss) for the period before taxes | 9903 | -€12,316 | €7,797 | +€20,113 | |
| Income taxes | 67/77 | €156 | - | -€156 | |
| Profit (loss) for the period | 9904 | -€12,472 | €7,797 | +€20,269 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,472 | €7,797 | +€20,269 |
Source: filed annual accounts (NBB), financial years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.