FRUMASSO: 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.
FRUMASSO
Largest movements
- Cash +€61,789
up €61,789 (+203%), from €30,512 to €92,301
mainly Net result for the year (+€66,275) and Debts after one year (+€43,023)
- Tangible fixed assets +€60,265
up €60,265 (+234%), from €25,767 to €86,032
of which Furniture and vehicles: +€58,315
- Profit (loss) carried forward +€66,275
up €66,275, from -€18,018 to €48,256
- Debts after one year +€43,023
new in 2025: €43,023
- Other debts +€8,296
up €8,296 (+14.7%), from €56,330 to €64,626
- Current portion of long-term debt +€4,404
up €4,404 (+215%), from €2,045 to €6,449
- Gross operating margin +€137,266
up €137,266 (+2,465%), from €5,568 to €142,834
- Depreciation +€28,818
up €28,818 (+314%), from €9,190 to €38,008
- Taxes +€22,124
up €22,124, from -€1,565 to €20,558
- Staff costs +€9,258
up €9,258 (+150%), from €6,166 to €15,423
- Financial income -€3,692
down €3,692 (-94.8%), from €3,893 to €202
of which Non-recurring financial income: -€3,653
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 | €64,338 | €187,461 | +€123,123 | +191% |
| Fixed assets | 21/28 | €26,267 | €86,532 | +€60,265 | +229% |
| Tangible fixed assets | 22/27 | €25,767 | €86,032 | +€60,265 | +234% |
| Land and buildings | 22 | €2,128 | €4,433 | +€2,305 | +108% |
| Plant, machinery and equipment | 23 | €1,210 | €855 | -€355 | -29.3% |
| Furniture and vehicles | 24 | €22,429 | €80,744 | +€58,315 | +260% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €38,072 | €100,929 | +€62,857 | +165% |
| Amounts receivable within one year | 40/41 | €5,220 | €4,931 | -€288 | -5.5% |
| Trade receivables | 40 | €3,786 | €4,926 | +€1,140 | +30.1% |
| Other amounts receivable | 41 | €1,434 | €5 | -€1,428 | -99.6% |
| Cash at bank and in hand | 54/58 | €30,512 | €92,301 | +€61,789 | +203% |
| Deferred charges and accrued income | 490/1 | €2,339 | €3,696 | +€1,356 | +58.0% |
| Total equity and liabilities | 10/49 | €64,338 | €187,461 | +€123,123 | +191% |
| Equity | 10/15 | €3,982 | €70,256 | +€66,275 | +1,665% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,018 | €48,256 | +€66,275 | |
| Amounts payable | 17/49 | €60,357 | €117,205 | +€56,848 | +94.2% |
| Amounts payable after more than one year | 17 | - | €43,023 | +€43,023 | |
| Financial debts | 170/4 | - | €43,023 | +€43,023 | |
| Amounts payable within one year | 42/48 | €60,357 | €73,983 | +€13,627 | +22.6% |
| Current portion of amounts payable after more than one year | 42 | €2,045 | €6,449 | +€4,404 | +215% |
| Trade debts | 44 | €1,089 | €869 | -€220 | -20.2% |
| Suppliers | 440/4 | €1,089 | €869 | -€220 | -20.2% |
| Taxes, remuneration and social security | 45 | €893 | €2,040 | +€1,147 | +128% |
| Taxes | 450/3 | €893 | €2,040 | +€1,147 | +128% |
| Other amounts payable | 47/48 | €56,330 | €64,626 | +€8,296 | +14.7% |
| Accrued charges and deferred income | 492/3 | - | €198 | +€198 | |
| Remuneration, social security and pensions | 62 | €6,166 | €15,423 | +€9,258 | +150% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,190 | €38,008 | +€28,818 | +314% |
| Other operating charges | 640/8 | €1,137 | €1,245 | +€108 | +9.5% |
| Non-recurring operating charges | 66A | €888 | - | -€888 | |
| Gross operating margin | 9900 | €5,568 | €142,834 | +€137,266 | +2,465% |
| Operating profit (loss) | 9901 | -€11,813 | €88,157 | +€99,970 | |
| Financial income | 75/76B | €3,893 | €202 | -€3,692 | -94.8% |
| Recurring financial income | 75 | €88 | €49 | -€38 | -43.7% |
| Non-recurring financial income | 76B | €3,806 | €152 | -€3,653 | -96.0% |
| Financial charges | 65/66B | €1,040 | €1,526 | +€486 | +46.7% |
| Recurring financial charges | 65 | €1,040 | €1,526 | +€486 | +46.7% |
| Profit (loss) for the period before taxes | 9903 | -€8,959 | €86,833 | +€95,792 | |
| Income taxes | 67/77 | -€1,565 | €20,558 | +€22,124 | |
| Profit (loss) for the period | 9904 | -€7,394 | €66,275 | +€73,669 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,394 | €66,275 | +€73,669 |
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 25 October 2026 via checked.be.