FRVsens: 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.
FRVsens
Largest movements
- Tangible fixed assets +€619,089
up €619,089 (+90.5%), from €684,450 to €1.3m
of which Land and buildings: +€605,166
- Cash -€185,445
down €185,445 (-98.8%), from €187,770 to €2,325
mainly Investment in fixed assets (net) (-€619,534) and Trade debts (-€26,671)
- Other debts +€461,682
up €461,682 (+53.4%), from €863,989 to €1.3m
- Trade debts -€26,671
no longer reported in 2025 (was €26,671)
- Gross operating margin +€18,950
up €18,950 (+97.4%), from -€19,458 to -€509
- Depreciation +€334
up €334 (+300.0%), from €111 to €445
- Financial charges -€202
down €202 (-80.2%), from €252 to €50
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 | €875,839 | €1,309,846 | +€434,007 | +49.6% |
| Fixed assets | 21/28 | €684,450 | €1,303,539 | +€619,089 | +90.5% |
| Tangible fixed assets | 22/27 | €684,450 | €1,303,539 | +€619,089 | +90.5% |
| Land and buildings | 22 | €659,033 | €1,264,199 | +€605,166 | +91.8% |
| Plant, machinery and equipment | 23 | €23,305 | €37,672 | +€14,367 | +61.6% |
| Furniture and vehicles | 24 | €2,113 | €1,668 | -€445 | -21.1% |
| Current assets | 29/58 | €191,388 | €6,307 | -€185,081 | -96.7% |
| Amounts receivable within one year | 40/41 | €3,619 | €3,982 | +€363 | +10.0% |
| Other amounts receivable | 41 | €3,619 | €3,982 | +€363 | +10.0% |
| Cash at bank and in hand | 54/58 | €187,770 | €2,325 | -€185,445 | -98.8% |
| Total equity and liabilities | 10/49 | €875,839 | €1,309,846 | +€434,007 | +49.6% |
| Equity | 10/15 | -€14,822 | -€15,825 | -€1,004 | -6.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,822 | -€20,825 | -€1,004 | -5.1% |
| Amounts payable | 17/49 | €890,661 | €1,325,671 | +€435,011 | +48.8% |
| Amounts payable within one year | 42/48 | €890,661 | €1,325,671 | +€435,011 | +48.8% |
| Trade debts | 44 | €26,671 | - | -€26,671 | |
| Suppliers | 440/4 | €26,671 | - | -€26,671 | |
| Other amounts payable | 47/48 | €863,989 | €1,325,671 | +€461,682 | +53.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €111 | €445 | +€334 | +300.0% |
| Gross operating margin | 9900 | -€19,458 | -€509 | +€18,950 | +97.4% |
| Operating profit (loss) | 9901 | -€19,570 | -€954 | +€18,616 | +95.1% |
| Financial charges | 65/66B | €252 | €50 | -€202 | -80.2% |
| Recurring financial charges | 65 | €252 | €50 | -€202 | -80.2% |
| Profit (loss) for the period before taxes | 9903 | -€19,822 | -€1,004 | +€18,818 | +94.9% |
| Profit (loss) for the period | 9904 | -€19,822 | -€1,004 | +€18,818 | +94.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,822 | -€1,004 | +€18,818 | +94.9% |
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.