FRUGRO: 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.
FRUGRO
Largest movements
- Cash +€56,028
up €56,028 (+77.5%), from €72,248 to €128,276
mainly Trade debts (+€47,410) and Depreciation (+€8,921)
- Tangible fixed assets -€8,921
down €8,921 (-11.5%), from €77,812 to €68,891
of which Other tangible fixed assets: -€7,433
- Receivables within one year +€3,756
up €3,756 (+36.2%), from €10,383 to €14,139
of which Other amounts receivable: +€8,546
- Trade debts +€47,410
up €47,410 (+135.9%), from €34,879 to €82,290
- Profit (loss) carried forward +€2,771
up €2,771 (+90.4%), from -€3,065 to -€294
- Gross operating margin +€5,815
up €5,815 (+88.7%), from €6,556 to €12,372
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 | €161,708 | €211,781 | +€50,073 | +31.0% |
| Fixed assets | 21/28 | €77,812 | €68,891 | -€8,921 | -11.5% |
| Tangible fixed assets | 22/27 | €77,812 | €68,891 | -€8,921 | -11.5% |
| Plant, machinery and equipment | 23 | €12,770 | €11,282 | -€1,488 | -11.7% |
| Other tangible fixed assets | 26 | €65,042 | €57,608 | -€7,433 | -11.4% |
| Current assets | 29/58 | €83,896 | €142,890 | +€58,994 | +70.3% |
| Amounts receivable within one year | 40/41 | €10,383 | €14,139 | +€3,756 | +36.2% |
| Trade receivables | 40 | €7,442 | €2,652 | -€4,791 | -64.4% |
| Other amounts receivable | 41 | €2,941 | €11,487 | +€8,546 | +290.6% |
| Cash at bank and in hand | 54/58 | €72,248 | €128,276 | +€56,028 | +77.5% |
| Deferred charges and accrued income | 490/1 | €1,265 | €476 | -€790 | -62.4% |
| Total equity and liabilities | 10/49 | €161,708 | €211,781 | +€50,073 | +31.0% |
| Equity | 10/15 | €126,720 | €129,491 | +€2,771 | +2.2% |
| Contributions | 10/11 | €21,864 | €21,864 | = | 0.0% |
| Reserves | 13 | €107,921 | €107,921 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,186 | €2,186 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,186 | €2,186 | = | 0.0% |
| Distributable reserves | 133 | €105,735 | €105,735 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,065 | -€294 | +€2,771 | +90.4% |
| Amounts payable | 17/49 | €34,988 | €82,290 | +€47,301 | +135.2% |
| Amounts payable within one year | 42/48 | €34,988 | €82,290 | +€47,301 | +135.2% |
| Trade debts | 44 | €34,879 | €82,290 | +€47,410 | +135.9% |
| Suppliers | 440/4 | €34,879 | €82,290 | +€47,410 | +135.9% |
| Taxes, remuneration and social security | 45 | €109 | - | -€109 | |
| Taxes | 450/3 | €109 | - | -€109 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,921 | €8,921 | = | 0.0% |
| Other operating charges | 640/8 | €217 | €299 | +€82 | +37.6% |
| Gross operating margin | 9900 | €6,556 | €12,372 | +€5,815 | +88.7% |
| Operating profit (loss) | 9901 | -€2,582 | €3,152 | +€5,734 | |
| Financial income | 75/76B | €2 | €3 | +€1 | +29.3% |
| Recurring financial income | 75 | €2 | €3 | +€1 | +29.3% |
| Financial charges | 65/66B | €485 | €382 | -€103 | -21.2% |
| Recurring financial charges | 65 | €485 | €382 | -€103 | -21.2% |
| Profit (loss) for the period before taxes | 9903 | -€3,065 | €2,772 | +€5,837 | |
| Income taxes | 67/77 | €1 | €1 | +€0 | +30.5% |
| Profit (loss) for the period | 9904 | -€3,065 | €2,771 | +€5,837 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,065 | €2,771 | +€5,837 |
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 8 October 2026 via checked.be.