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FROYEN: 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.

What changed

FROYEN

BE 0445.664.817
NACE 25.120, Manufacture of fabricated metal products, except machinery and equipment
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€182,664
2024 · -€19,366+€202,031
Equity
€160,346
2024 · -€22,318+€182,664
Cash
€172,331
2024 · -+€172,331
Balance sheet total
€176,747
2024 · €48,763+€127,984

Largest movements

2024 to 2025
Assets
  • Cash +€172,331

    new in 2025: €172,331

    mainly Net result for the year (+€182,664) and Investment in fixed assets (net) (+€35,000)

  • Tangible fixed assets -€35,000

    no longer reported in 2025 (was €35,000)

  • Stocks and contracts -€10,115

    no longer reported in 2025 (was €10,115)

Equity and liabilities
  • Reserves +€133,078

    up €133,078 (+5368.3%), from €2,479 to €135,557

    of which Distributable reserves: +€133,078

  • Profit (loss) carried forward +€49,587

    no longer reported in 2025 (was -€49,587)

  • Debts after one year -€43,000

    no longer reported in 2025 (was €43,000)

  • Short-term financial debts -€15,023

    no longer reported in 2025 (was €15,023)

  • Tax, wage and social debts +€13,070

    up €13,070 (+2810.0%), from €465 to €13,535

Income statement
  • Gross operating margin +€257,600

    up €257,600, from -€10,371 to €247,229

  • Taxes +€58,308

    new in 2025: €58,308

From the 2024 result to the 2025 result

effect on the 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 -€19,366
Gross operating margin +€257,600
Other operating charges +€1,139
Financial income +€721
Financial charges +€878
Taxes -€58,308
Result 2025 €182,664

Cash bridge derived

cash 2024 to 2025

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 +€195,354
Investment +€35,000
Financing -€58,023
Cash 2024 €0
Net result for the year +€182,664
Stocks and contracts +€10,115
Receivables within one year -€768
Trade debts +€572
Tax, wage and social debts +€13,070
Other debts -€10,298
Investment in fixed assets (net) +€35,000
Debts after one year -€43,000
Short-term financial debts -€15,023
Cash 2025 €172,331
Every line side by side 43 lines
Line Code 2024 2025 Change %
Total assets 20/58 €48,763 €176,747 +€127,984 +262.5%
Fixed assets 21/28 €35,000 - -€35,000
Tangible fixed assets 22/27 €35,000 - -€35,000
Land and buildings 22 €35,000 - -€35,000
Current assets 29/58 €13,763 €176,747 +€162,984 +1184.3%
Stocks and contracts in progress 3 €10,115 - -€10,115
Stocks 30/36 €10,115 - -€10,115
Amounts receivable within one year 40/41 €3,648 €4,416 +€768 +21.1%
Trade receivables 40 €3,396 €4,416 +€1,020 +30.0%
Other amounts receivable 41 €251 - -€251
Cash at bank and in hand 54/58 - €172,331 +€172,331
Total equity and liabilities 10/49 €48,763 €176,747 +€127,984 +262.5%
Equity 10/15 -€22,318 €160,346 +€182,664
Contributions 10/11 €24,789 €24,789 = 0.0%
Capital 10 €24,789 €24,789 = 0.0%
Issued capital 100 €24,789 €24,789 = 0.0%
Reserves 13 €2,479 €135,557 +€133,078 +5368.3%
Non-distributable reserves 130/1 €2,479 €2,479 = 0.0%
Legal reserve 130 €2,479 €2,479 = 0.0%
Distributable reserves 133 - €133,078 +€133,078
Profit (loss) carried forward 14 -€49,587 - +€49,587
Amounts payable 17/49 €71,081 €16,401 -€54,680 -76.9%
Amounts payable after more than one year 17 €43,000 - -€43,000
Financial debts 170/4 €43,000 - -€43,000
Amounts payable within one year 42/48 €28,081 €16,401 -€11,680 -41.6%
Financial debts 43 €15,023 - -€15,023
Credit institutions 430/8 €15,023 - -€15,023
Trade debts 44 €2,295 €2,866 +€572 +24.9%
Suppliers 440/4 €2,295 €2,866 +€572 +24.9%
Taxes, remuneration and social security 45 €465 €13,535 +€13,070 +2810.0%
Taxes 450/3 €465 €13,535 +€13,070 +2810.0%
Other amounts payable 47/48 €10,298 - -€10,298
Other operating charges 640/8 €3,983 €2,844 -€1,139 -28.6%
Gross operating margin 9900 -€10,371 €247,229 +€257,600
Operating profit (loss) 9901 -€14,354 €244,386 +€258,739
Financial income 75/76B €0 €721 +€721 +232545.2%
Recurring financial income 75 €0 €721 +€721 +232545.2%
Financial charges 65/66B €5,013 €4,135 -€878 -17.5%
Recurring financial charges 65 €5,013 €4,135 -€878 -17.5%
Profit (loss) for the period before taxes 9903 -€19,366 €240,972 +€260,338
Income taxes 67/77 - €58,308 +€58,308
Profit (loss) for the period 9904 -€19,366 €182,664 +€202,031
Profit (loss) for the period to be appropriated 9905 -€19,366 €182,664 +€202,031

Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.