FRUPECO: 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.
FRUPECO
Largest movements
- Tangible fixed assets +€863,563
up €863,563 (+14.7%), from €5.9m to €6.7m
of which Land and buildings: +€757,923
- Cash +€382,855
up €382,855 (+122.4%), from €312,792 to €695,647
mainly Debts after one year (+€1.2m) and Net result for the year (+€916,982)
- Receivables within one year -€128,519
down €128,519 (-4.7%), from €2.7m to €2.6m
of which Other amounts receivable: -€306,221
- Debts after one year +€1.2m
up €1.2m (+82.5%), from €1.5m to €2.7m
- Trade debts -€850,160
down €850,160 (-32.4%), from €2.6m to €1.8m
- Reserves +€316,982
up €316,982 (+8.9%), from €3.6m to €3.9m
of which Tax-exempt reserves: +€234,673
- Short-term financial debts +€250,000
up €250,000, from €0 to €250,000
- Current portion of long-term debt +€180,000
up €180,000 (+72.3%), from €249,083 to €429,084
- Gross operating margin +€903,640
up €903,640 (+29.0%), from €3.1m to €4.0m
- Staff costs +€617,775
up €617,775 (+42.0%), from €1.5m to €2.1m
- Depreciation +€221,334
up €221,334 (+51.6%), from €429,166 to €650,499
- Financial charges +€71,644
up €71,644 (+198.1%), from €36,160 to €107,804
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 | €9,041,822 | €10,172,532 | +€1.1m | +12.5% |
| Fixed assets | 21/28 | €5,884,447 | €6,748,011 | +€863,563 | +14.7% |
| Tangible fixed assets | 22/27 | €5,884,447 | €6,748,011 | +€863,563 | +14.7% |
| Land and buildings | 22 | €5,138,225 | €5,896,148 | +€757,923 | +14.8% |
| Plant, machinery and equipment | 23 | €427,076 | €457,867 | +€30,791 | +7.2% |
| Furniture and vehicles | 24 | €299,326 | €223,660 | -€75,666 | -25.3% |
| Other tangible fixed assets | 26 | €19,819 | €170,335 | +€150,516 | +759.4% |
| Current assets | 29/58 | €3,157,375 | €3,424,521 | +€267,147 | +8.5% |
| Stocks and contracts in progress | 3 | €73,340 | €76,571 | +€3,230 | +4.4% |
| Stocks | 30/36 | €73,340 | €76,571 | +€3,230 | +4.4% |
| Amounts receivable within one year | 40/41 | €2,726,972 | €2,598,453 | -€128,519 | -4.7% |
| Trade receivables | 40 | €1,827,001 | €2,004,703 | +€177,702 | +9.7% |
| Other amounts receivable | 41 | €899,970 | €593,750 | -€306,221 | -34.0% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €312,792 | €695,647 | +€382,855 | +122.4% |
| Deferred charges and accrued income | 490/1 | €44,270 | €53,851 | +€9,580 | +21.6% |
| Total equity and liabilities | 10/49 | €9,041,822 | €10,172,532 | +€1.1m | +12.5% |
| Equity | 10/15 | €3,939,645 | €4,256,627 | +€316,982 | +8.0% |
| Contributions | 10/11 | €387,600 | €387,600 | = | 0.0% |
| Reserves | 13 | €3,552,045 | €3,869,027 | +€316,982 | +8.9% |
| Tax-exempt reserves | 132 | €223,150 | €457,823 | +€234,673 | +105.2% |
| Distributable reserves | 133 | €3,328,895 | €3,411,204 | +€82,309 | +2.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €5,102,177 | €5,915,904 | +€813,728 | +15.9% |
| Amounts payable after more than one year | 17 | €1,461,688 | €2,667,605 | +€1.2m | +82.5% |
| Financial debts | 170/4 | €1,461,688 | €2,667,605 | +€1.2m | +82.5% |
| Amounts payable within one year | 42/48 | €3,640,489 | €3,248,300 | -€392,189 | -10.8% |
| Current portion of amounts payable after more than one year | 42 | €249,083 | €429,084 | +€180,000 | +72.3% |
| Financial debts | 43 | €0 | €250,000 | +€250,000 | |
| Other loans | 439 | €0 | €250,000 | +€250,000 | |
| Trade debts | 44 | €2,622,065 | €1,771,905 | -€850,160 | -32.4% |
| Suppliers | 440/4 | €2,622,065 | €1,771,905 | -€850,160 | -32.4% |
| Taxes, remuneration and social security | 45 | €57,886 | €191,344 | +€133,457 | +230.6% |
| Taxes | 450/3 | €9,516 | €136,111 | +€126,595 | +1330.4% |
| Remuneration and social security | 454/9 | €48,370 | €55,233 | +€6,862 | +14.2% |
| Other amounts payable | 47/48 | €711,454 | €605,967 | -€105,487 | -14.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €6,000 | €0 | -€6,000 | -100.0% |
| Remuneration, social security and pensions | 62 | €1,470,874 | €2,088,649 | +€617,775 | +42.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €429,166 | €650,499 | +€221,334 | +51.6% |
| Other operating charges | 640/8 | €36,023 | €40,788 | +€4,765 | +13.2% |
| Non-recurring operating charges | 66A | - | €132,955 | +€132,955 | |
| Gross operating margin | 9900 | €3,120,281 | €4,023,921 | +€903,640 | +29.0% |
| Operating profit (loss) | 9901 | €1,184,219 | €1,111,030 | -€73,189 | -6.2% |
| Financial income | 75/76B | €29,333 | €13,851 | -€15,482 | -52.8% |
| Recurring financial income | 75 | €29,333 | €13,851 | -€15,482 | -52.8% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €36,160 | €107,804 | +€71,644 | +198.1% |
| Recurring financial charges | 65 | €36,160 | €107,804 | +€71,644 | +198.1% |
| Profit (loss) for the period before taxes | 9903 | €1,177,392 | €1,017,077 | -€160,315 | -13.6% |
| Income taxes | 67/77 | €110,883 | €100,094 | -€10,788 | -9.7% |
| Profit (loss) for the period | 9904 | €1,066,509 | €916,982 | -€149,527 | -14.0% |
| Transfer to tax-exempt reserves | 689 | €187,881 | €234,673 | +€46,792 | +24.9% |
| Profit (loss) for the period to be appropriated | 9905 | €878,628 | €682,309 | -€196,319 | -22.3% |
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 1 October 2026 via checked.be.