FRUTABEL: 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.
FRUTABEL
Largest movements
- Cash +€497,808
up €497,808 (+58.6%), from €849,642 to €1.3m
mainly Net result for the year (+€532,711) and Stocks and contracts (+€225,012)
- Current investments +€262,503
up €262,503 (+35.0%), from €750,095 to €1.0m
- Stocks and contracts -€225,012
down €225,012 (-96.5%), from €233,285 to €8,273
- Deferred charges and accrued income -€52,258
no longer reported in 2025 (was €52,258)
- Tangible fixed assets +€45,932
up €45,932 (+4.8%), from €954,320 to €1.0m
of which Furniture and vehicles: +€79,122
- Reserves +€532,711
up €532,711 (+23.9%), from €2.2m to €2.8m
of which Distributable reserves: +€532,711
- Gross operating margin +€456,329
up €456,329 (+76.6%), from €596,034 to €1.1m
- Taxes +€136,837
up €136,837 (+127%), from €107,688 to €244,525
- Staff costs +€55,741
up €55,741 (+38.3%), from €145,718 to €201,458
- Financial income +€16,057
up €16,057 (+61.3%), from €26,174 to €42,231
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 | €2,905,749 | €3,419,367 | +€513,618 | +17.7% |
| Fixed assets | 21/28 | €954,320 | €1,000,251 | +€45,932 | +4.8% |
| Tangible fixed assets | 22/27 | €954,320 | €1,000,251 | +€45,932 | +4.8% |
| Land and buildings | 22 | €860,239 | €814,740 | -€45,500 | -5.3% |
| Plant, machinery and equipment | 23 | €34,428 | €46,738 | +€12,310 | +35.8% |
| Furniture and vehicles | 24 | €59,652 | €138,774 | +€79,122 | +133% |
| Current assets | 29/58 | €1,951,429 | €2,419,115 | +€467,686 | +24.0% |
| Stocks and contracts in progress | 3 | €233,285 | €8,273 | -€225,012 | -96.5% |
| Stocks | 30/36 | €233,285 | €8,273 | -€225,012 | -96.5% |
| Amounts receivable within one year | 40/41 | €66,149 | €50,795 | -€15,354 | -23.2% |
| Trade receivables | 40 | €2,367 | €25,654 | +€23,287 | +984% |
| Other amounts receivable | 41 | €63,782 | €25,141 | -€38,641 | -60.6% |
| Current investments | 50/53 | €750,095 | €1,012,598 | +€262,503 | +35.0% |
| Cash at bank and in hand | 54/58 | €849,642 | €1,347,449 | +€497,808 | +58.6% |
| Deferred charges and accrued income | 490/1 | €52,258 | - | -€52,258 | |
| Total equity and liabilities | 10/49 | €2,905,749 | €3,419,367 | +€513,618 | +17.7% |
| Equity | 10/15 | €2,532,186 | €3,064,896 | +€532,711 | +21.0% |
| Contributions | 10/11 | €305,000 | €305,000 | = | 0.0% |
| Capital | 10 | €305,000 | €305,000 | = | 0.0% |
| Issued capital | 100 | €305,000 | €305,000 | = | 0.0% |
| Reserves | 13 | €2,227,186 | €2,759,896 | +€532,711 | +23.9% |
| Non-distributable reserves | 130/1 | €88,060 | €88,060 | = | 0.0% |
| Legal reserve | 130 | €88,060 | €88,060 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €2,120,376 | €2,653,086 | +€532,711 | +25.1% |
| Amounts payable | 17/49 | €373,563 | €354,470 | -€19,092 | -5.1% |
| Amounts payable after more than one year | 17 | €49,984 | €33,316 | -€16,668 | -33.3% |
| Financial debts | 170/4 | €49,984 | €33,316 | -€16,668 | -33.3% |
| Amounts payable within one year | 42/48 | €289,896 | €313,843 | +€23,947 | +8.3% |
| Current portion of amounts payable after more than one year | 42 | €16,668 | €16,668 | = | 0.0% |
| Trade debts | 44 | €155,433 | €166,980 | +€11,548 | +7.4% |
| Suppliers | 440/4 | €155,433 | €166,980 | +€11,548 | +7.4% |
| Taxes, remuneration and social security | 45 | €28,450 | €56,896 | +€28,446 | +100.0% |
| Taxes | 450/3 | €27,880 | €56,896 | +€29,016 | +104% |
| Remuneration and social security | 454/9 | €569 | - | -€569 | |
| Other amounts payable | 47/48 | €89,346 | €73,298 | -€16,048 | -18.0% |
| Accrued charges and deferred income | 492/3 | €33,683 | €7,312 | -€26,371 | -78.3% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €145,718 | €201,458 | +€55,741 | +38.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €82,307 | €81,628 | -€679 | -0.8% |
| Other operating charges | 640/8 | €9,371 | €9,786 | +€415 | +4.4% |
| Gross operating margin | 9900 | €596,034 | €1,052,362 | +€456,329 | +76.6% |
| Operating profit (loss) | 9901 | €358,639 | €759,490 | +€400,851 | +112% |
| Financial income | 75/76B | €26,174 | €42,231 | +€16,057 | +61.3% |
| Recurring financial income | 75 | €26,174 | €42,231 | +€16,057 | +61.3% |
| Financial charges | 65/66B | €33,353 | €24,485 | -€8,867 | -26.6% |
| Recurring financial charges | 65 | €33,353 | €24,485 | -€8,867 | -26.6% |
| Profit (loss) for the period before taxes | 9903 | €351,460 | €777,236 | +€425,776 | +121% |
| Income taxes | 67/77 | €107,688 | €244,525 | +€136,837 | +127% |
| Profit (loss) for the period | 9904 | €243,772 | €532,711 | +€288,939 | +119% |
| Profit (loss) for the period to be appropriated | 9905 | €243,772 | €532,711 | +€288,939 | +119% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.