FRUBEL: 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
FRUBEL
NACE 46.319, Wholesale of fruit and vegetables, excluding potatoes
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1.1m
2024 · €1.1m-€26,253
Equity
€6.0m
2024 · €4.9m+€1.1m
Cash
€640,572
2024 · €1.0m-€407,928
Balance sheet total
€7.1m
2024 · €7.0m+€100,993
Largest movements
Assets
- Cash -€407,928
down €407,928 (-38.9%), from €1.0m to €640,572
mainly Trade debts (-€691,845) and Stocks and contracts (-€328,066)
- Stocks and contracts +€328,066
up €328,066 (+133.4%), from €246,000 to €574,066
- Receivables within one year +€222,008
up €222,008 (+5.7%), from €3.9m to €4.1m
of which Other amounts receivable: +€235,297
Equity and liabilities
- Reserves +€1.1m
up €1.1m (+22.1%), from €4.9m to €6.0m
of which Distributable reserves: +€1.3m
- Trade debts -€691,845
down €691,845 (-42.0%), from €1.6m to €956,259
- Tax, wage and social debts -€155,728
down €155,728 (-63.8%), from €243,986 to €88,258
of which Taxes: -€191,084
Income statement
- Turnover +€21.6m
new in 2025: €21.6m
- Goods and materials +€16.2m
new in 2025: €16.2m
of which Purchases: +€16.5m
- Services and other goods +€3.1m
new in 2025: €3.1m
- Gross operating margin -€2.5m
no longer reported in 2025 (was €2.5m)
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.
Result 2024
€1.1m
Turnover
+€21.6m
Other operating income
+€58,879
Goods and materials
-€16.2m
Services and other goods
-€3.1m
Staff costs
-€175,475
Depreciation
-€16,340
Write-downs
+€122,692
Other operating charges
-€1,975
Other operating items
-€2.5m
Financial income
+€49,863
Financial charges
+€2,645
Taxes
+€163,827
Result 2025
€1.1m
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.
From operations
-€98,976
Investment
-€218,811
Financing
-€90,141
Cash 2024
€1.0m
From operations (derived)
-€98,976
Net result for the year
+€1.1m
Depreciation
+€234,984
Stocks and contracts
-€328,066
Receivables within one year
-€222,008
Deferred charges and accrued income
+€24,981
Trade debts
-€691,845
Tax, wage and social debts
-€155,728
Other debts
-€50,000
Accrued charges and deferred income
+€1,653
Investment (derived)
-€218,811
Investment in fixed assets (net)
-€218,811
Financing
-€90,141
Debts after one year
-€36,247
Current portion of long-term debt
-€57,891
Contributions, distributions and other
+€3,997
Cash 2025
€640,572
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,014,541 | €7,115,534 | +€100,993 | +1.4% |
| Fixed assets | 21/28 | €805,129 | €788,956 | -€16,173 | -2.0% |
| Tangible fixed assets | 22/27 | €804,529 | €788,956 | -€15,573 | -1.9% |
| Land and buildings | 22 | €181,473 | €173,172 | -€8,302 | -4.6% |
| Plant, machinery and equipment | 23 | €71,760 | €42,772 | -€28,988 | -40.4% |
| Furniture and vehicles | 24 | €420,080 | €495,653 | +€75,573 | +18.0% |
| Leasing and similar rights | 25 | €131,215 | €77,359 | -€53,856 | -41.0% |
| Financial fixed assets | 28 | €600 | €0 | -€600 | -100.0% |
| Companies linked by participating interests | 282/3 | - | €0 | = | |
| Participating interests | 282 | - | €0 | = | |
| Current assets | 29/58 | €6,209,412 | €6,326,578 | +€117,166 | +1.9% |
| Stocks and contracts in progress | 3 | €246,000 | €574,066 | +€328,066 | +133.4% |
| Stocks | 30/36 | €246,000 | €574,066 | +€328,066 | +133.4% |
| Goods purchased for resale | 34 | - | €574,066 | +€574,066 | |
| Amounts receivable within one year | 40/41 | €3,862,277 | €4,084,285 | +€222,008 | +5.7% |
| Trade receivables | 40 | €3,100,166 | €3,086,878 | -€13,288 | -0.4% |
| Other amounts receivable | 41 | €762,110 | €997,407 | +€235,297 | +30.9% |
| Current investments | 50/53 | €1,000,000 | €1,000,000 | = | 0.0% |
| Other investments | 51/53 | - | €1,000,000 | +€1.0m | |
| Cash at bank and in hand | 54/58 | €1,048,500 | €640,572 | -€407,928 | -38.9% |
| Deferred charges and accrued income | 490/1 | €52,636 | €27,655 | -€24,981 | -47.5% |
| Total equity and liabilities | 10/49 | €7,014,541 | €7,115,534 | +€100,993 | +1.4% |
| Equity | 10/15 | €4,933,736 | €6,024,788 | +€1.1m | +22.1% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €4,915,186 | €6,001,408 | +€1.1m | +22.1% |
| Tax-exempt reserves | 132 | €673,600 | €505,200 | -€168,400 | -25.0% |
| Distributable reserves | 133 | €4,241,586 | €5,496,208 | +€1.3m | +29.6% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Investment grants | 15 | - | €4,830 | +€4,830 | |
| Amounts payable | 17/49 | €2,080,805 | €1,090,746 | -€990,059 | -47.6% |
| Amounts payable after more than one year | 17 | €36,247 | €0 | -€36,247 | -100.0% |
| Financial debts | 170/4 | €36,247 | €0 | -€36,247 | -100.0% |
| Leasing and similar obligations | 172 | - | €0 | = | |
| Credit institutions | 173 | - | €0 | = | |
| Amounts payable within one year | 42/48 | €2,044,557 | €1,089,093 | -€955,465 | -46.7% |
| Current portion of amounts payable after more than one year | 42 | €101,633 | €43,742 | -€57,891 | -57.0% |
| Trade debts | 44 | €1,648,105 | €956,259 | -€691,845 | -42.0% |
| Suppliers | 440/4 | €1,648,105 | €956,259 | -€691,845 | -42.0% |
| Taxes, remuneration and social security | 45 | €243,986 | €88,258 | -€155,728 | -63.8% |
| Taxes | 450/3 | €207,069 | €15,985 | -€191,084 | -92.3% |
| Remuneration and social security | 454/9 | €36,917 | €72,274 | +€35,357 | +95.8% |
| Other amounts payable | 47/48 | €50,833 | €833 | -€50,000 | -98.4% |
| Accrued charges and deferred income | 492/3 | €0 | €1,653 | +€1,653 | |
| Operating income | 70/76A | - | €21,641,708 | +€21.6m | |
| Turnover | 70 | - | €21,582,829 | +€21.6m | |
| Other operating income | 74 | - | €58,879 | +€58,879 | |
| Operating charges | 60/66A | - | €20,243,948 | +€20.2m | |
| Goods for resale, raw materials and consumables | 60 | - | €16,160,974 | +€16.2m | |
| Purchases | 600/8 | - | €16,489,040 | +€16.5m | |
| Change in stocks: decrease (increase) | 609 | - | -€328,066 | -€328,066 | |
| Services and other goods | 61 | - | €3,145,523 | +€3.1m | |
| Remuneration, social security and pensions | 62 | €513,964 | €689,440 | +€175,475 | +34.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €218,644 | €234,984 | +€16,340 | +7.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €122,692 | €0 | -€122,692 | -100.0% |
| Other operating charges | 640/8 | €10,802 | €12,777 | +€1,975 | +18.3% |
| Non-recurring operating charges | 66A | - | €250 | +€250 | |
| Gross operating margin | 9900 | €2,506,450 | - | -€2.5m | |
| Operating profit (loss) | 9901 | €1,640,348 | €1,397,760 | -€242,588 | -14.8% |
| Financial income | 75/76B | €17,664 | €67,528 | +€49,863 | +282.3% |
| Recurring financial income | 75 | €17,664 | €48,128 | +€30,463 | +172.5% |
| Income from current assets | 751 | - | €26,233 | +€26,233 | |
| Other financial income | 752/9 | - | €21,895 | +€21,895 | |
| Non-recurring financial income | 76B | - | €19,400 | +€19,400 | |
| Financial charges | 65/66B | €8,585 | €5,940 | -€2,645 | -30.8% |
| Recurring financial charges | 65 | €8,585 | €5,940 | -€2,645 | -30.8% |
| Debt charges | 650 | - | €1,587 | +€1,587 | |
| Other financial charges | 652/9 | - | €4,353 | +€4,353 | |
| Profit (loss) for the period before taxes | 9903 | €1,649,428 | €1,459,348 | -€190,080 | -11.5% |
| Income taxes | 67/77 | €536,120 | €372,293 | -€163,827 | -30.6% |
| Taxes | 670/3 | - | €372,293 | +€372,293 | |
| Profit (loss) for the period | 9904 | €1,113,307 | €1,087,054 | -€26,253 | -2.4% |
| Transfer from tax-exempt reserves | 789 | €436,516 | €378,900 | -€57,616 | -13.2% |
| Transfer to tax-exempt reserves | 689 | €210,500 | €210,500 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,339,323 | €1,255,454 | -€83,869 | -6.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.