FRUYTHOF: 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.
FRUYTHOF
Largest movements
- Stocks and contracts -€906,773
down €906,773 (-82.8%), from €1.1m to €188,492
- Tangible fixed assets +€851,231
up €851,231 (+248.9%), from €341,929 to €1.2m
of which Land and buildings: +€880,656
- Cash -€142,068
down €142,068 (-25.1%), from €566,844 to €424,777
mainly Short-term financial debts (-€946,446) and Investment in fixed assets (net) (-€934,202)
- Receivables within one year +€29,672
up €29,672 (+19.7%), from €150,382 to €180,055
of which Trade receivables: +€21,783
- Short-term financial debts -€946,446
down €946,446 (-98.5%), from €961,029 to €14,583
- Debts after one year +€696,718
up €696,718 (+238.9%), from €291,679 to €988,397
- Trade debts +€40,775
up €40,775 (+82274.3%), from €50 to €40,825
- Profit (loss) carried forward +€34,526
up €34,526 (+4.4%), from €785,511 to €820,037
- Current portion of long-term debt +€21,858
up €21,858 (+28.1%), from €77,879 to €99,736
- Gross operating margin +€55,489
up €55,489 (+13.0%), from €426,461 to €481,949
- Financial charges +€21,370
up €21,370 (+59.9%), from €35,654 to €57,024
- Staff costs +€17,504
up €17,504 (+6.3%), from €279,510 to €297,014
- Depreciation +€11,564
up €11,564 (+16.2%), from €71,407 to €82,971
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 | €2,165,857 | €2,001,491 | -€164,366 | -7.6% |
| Fixed assets | 21/28 | €341,995 | €1,193,226 | +€851,231 | +248.9% |
| Tangible fixed assets | 22/27 | €341,929 | €1,193,160 | +€851,231 | +248.9% |
| Land and buildings | 22 | €282,508 | €1,163,164 | +€880,656 | +311.7% |
| Plant, machinery and equipment | 23 | €37,479 | €20,994 | -€16,485 | -44.0% |
| Furniture and vehicles | 24 | €21,942 | €9,003 | -€12,939 | -59.0% |
| Financial fixed assets | 28 | €66 | €66 | = | 0.0% |
| Current assets | 29/58 | €1,823,861 | €808,265 | -€1.0m | -55.7% |
| Stocks and contracts in progress | 3 | €1,095,265 | €188,492 | -€906,773 | -82.8% |
| Stocks | 30/36 | €1,095,265 | €188,492 | -€906,773 | -82.8% |
| Amounts receivable within one year | 40/41 | €150,382 | €180,055 | +€29,672 | +19.7% |
| Trade receivables | 40 | €120,630 | €142,413 | +€21,783 | +18.1% |
| Other amounts receivable | 41 | €29,753 | €37,642 | +€7,889 | +26.5% |
| Cash at bank and in hand | 54/58 | €566,844 | €424,777 | -€142,068 | -25.1% |
| Deferred charges and accrued income | 490/1 | €11,370 | €14,942 | +€3,572 | +31.4% |
| Total equity and liabilities | 10/49 | €2,165,857 | €2,001,491 | -€164,366 | -7.6% |
| Equity | 10/15 | €793,566 | €828,092 | +€34,526 | +4.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,550 | €18,550 | = | 0.0% |
| Uncalled capital | 101 | €12,350 | €12,350 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Legal reserve | 130 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €785,511 | €820,037 | +€34,526 | +4.4% |
| Amounts payable | 17/49 | €1,372,291 | €1,173,399 | -€198,892 | -14.5% |
| Amounts payable after more than one year | 17 | €291,679 | €988,397 | +€696,718 | +238.9% |
| Financial debts | 170/4 | €291,679 | €988,397 | +€696,718 | +238.9% |
| Amounts payable within one year | 42/48 | €1,078,896 | €184,919 | -€893,977 | -82.9% |
| Current portion of amounts payable after more than one year | 42 | €77,879 | €99,736 | +€21,858 | +28.1% |
| Financial debts | 43 | €961,029 | €14,583 | -€946,446 | -98.5% |
| Credit institutions | 430/8 | €961,029 | €14,583 | -€946,446 | -98.5% |
| Trade debts | 44 | €50 | €40,825 | +€40,775 | +82274.3% |
| Suppliers | 440/4 | €50 | €40,825 | +€40,775 | +82274.3% |
| Taxes, remuneration and social security | 45 | €39,731 | €28,988 | -€10,743 | -27.0% |
| Taxes | 450/3 | €30,655 | €23,278 | -€7,377 | -24.1% |
| Remuneration and social security | 454/9 | €9,076 | €5,710 | -€3,366 | -37.1% |
| Other amounts payable | 47/48 | €208 | €786 | +€579 | +278.7% |
| Accrued charges and deferred income | 492/3 | €1,716 | €83 | -€1,632 | -95.2% |
| Remuneration, social security and pensions | 62 | €279,510 | €297,014 | +€17,504 | +6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,407 | €82,971 | +€11,564 | +16.2% |
| Other operating charges | 640/8 | €8,153 | €8,141 | -€12 | -0.2% |
| Gross operating margin | 9900 | €426,461 | €481,949 | +€55,489 | +13.0% |
| Operating profit (loss) | 9901 | €67,391 | €93,824 | +€26,434 | +39.2% |
| Financial income | 75/76B | €7,631 | €8,542 | +€912 | +11.9% |
| Recurring financial income | 75 | €7,631 | €8,542 | +€912 | +11.9% |
| Financial charges | 65/66B | €35,654 | €57,024 | +€21,370 | +59.9% |
| Recurring financial charges | 65 | €35,654 | €57,024 | +€21,370 | +59.9% |
| Profit (loss) for the period before taxes | 9903 | €39,368 | €45,343 | +€5,975 | +15.2% |
| Income taxes | 67/77 | €9,786 | €10,817 | +€1,031 | +10.5% |
| Profit (loss) for the period | 9904 | €29,582 | €34,526 | +€4,944 | +16.7% |
| Profit (loss) for the period to be appropriated | 9905 | €29,582 | €34,526 | +€4,944 | +16.7% |
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 10 October 2026 via checked.be.