FRYNS DISTILLERY: 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.
FRYNS DISTILLERY
Largest movements
- Intangible fixed assets -€83,576
down €83,576 (-37.5%), from €222,688 to €139,112
- Tangible fixed assets -€47,285
down €47,285 (-14.1%), from €335,796 to €288,511
of which Plant, machinery and equipment: -€30,738
- Receivables within one year +€10,214
up €10,214 (+4.1%), from €251,346 to €261,560
of which Trade receivables: +€20,638
- Debts after one year -€111,928
down €111,928 (-23.1%), from €484,081 to €372,153
- Trade debts +€21,656
up €21,656 (+7.0%), from €309,227 to €330,883
- Current portion of long-term debt -€14,316
down €14,316 (-19.2%), from €74,708 to €60,392
- Gross operating margin +€53,963
up €53,963 (+72.6%), from €74,357 to €128,319
- Depreciation -€49,264
down €49,264 (-22.4%), from €219,442 to €170,178
- Staff costs +€37,602
up €37,602 (+16.8%), from €223,927 to €261,530
- Financial charges +€16,196
up €16,196 (+53.4%), from €30,347 to €46,544
- Other operating charges -€15,236
down €15,236 (-19.8%), from €76,999 to €61,764
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 | €1,012,410 | €905,625 | -€106,785 | -10.5% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €558,664 | €427,804 | -€130,860 | -23.4% |
| Intangible fixed assets | 21 | €222,688 | €139,112 | -€83,576 | -37.5% |
| Tangible fixed assets | 22/27 | €335,796 | €288,511 | -€47,285 | -14.1% |
| Plant, machinery and equipment | 23 | €143,561 | €112,823 | -€30,738 | -21.4% |
| Furniture and vehicles | 24 | €11,956 | €15,103 | +€3,146 | +26.3% |
| Other tangible fixed assets | 26 | €180,279 | €160,586 | -€19,693 | -10.9% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €453,746 | €477,821 | +€24,075 | +5.3% |
| Stocks and contracts in progress | 3 | €169,437 | €173,976 | +€4,539 | +2.7% |
| Stocks | 30/36 | €169,437 | €173,976 | +€4,539 | +2.7% |
| Amounts receivable within one year | 40/41 | €251,346 | €261,560 | +€10,214 | +4.1% |
| Trade receivables | 40 | €213,217 | €233,855 | +€20,638 | +9.7% |
| Other amounts receivable | 41 | €38,129 | €27,705 | -€10,424 | -27.3% |
| Cash at bank and in hand | 54/58 | €25,743 | €34,866 | +€9,123 | +35.4% |
| Deferred charges and accrued income | 490/1 | €7,220 | €7,419 | +€199 | +2.8% |
| Total equity and liabilities | 10/49 | €1,012,410 | €905,625 | -€106,785 | -10.5% |
| Equity | 10/15 | -€124,852 | -€128,265 | -€3,413 | -2.7% |
| Contributions | 10/11 | €977,435 | €977,435 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,102,288 | -€1,105,700 | -€3,413 | -0.3% |
| Amounts payable | 17/49 | €1,137,262 | €1,033,890 | -€103,373 | -9.1% |
| Amounts payable after more than one year | 17 | €484,081 | €372,153 | -€111,928 | -23.1% |
| Financial debts | 170/4 | €484,081 | €372,153 | -€111,928 | -23.1% |
| Amounts payable within one year | 42/48 | €645,422 | €656,514 | +€11,092 | +1.7% |
| Current portion of amounts payable after more than one year | 42 | €74,708 | €60,392 | -€14,316 | -19.2% |
| Financial debts | 43 | €150,000 | €150,000 | = | 0.0% |
| Credit institutions | 430/8 | €150,000 | €150,000 | = | 0.0% |
| Trade debts | 44 | €309,227 | €330,883 | +€21,656 | +7.0% |
| Suppliers | 440/4 | €309,227 | €330,883 | +€21,656 | +7.0% |
| Taxes, remuneration and social security | 45 | €49,567 | €53,319 | +€3,752 | +7.6% |
| Taxes | 450/3 | €17,613 | €6,743 | -€10,870 | -61.7% |
| Remuneration and social security | 454/9 | €31,954 | €46,576 | +€14,622 | +45.8% |
| Other amounts payable | 47/48 | €61,919 | €61,919 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €7,760 | €5,223 | -€2,537 | -32.7% |
| Non-recurring operating income | 76A | €264 | €22,000 | +€21,736 | +8,248% |
| Remuneration, social security and pensions | 62 | €223,927 | €261,530 | +€37,602 | +16.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €219,442 | €170,178 | -€49,264 | -22.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €918 | +€918 | |
| Other operating charges | 640/8 | €76,999 | €61,764 | -€15,236 | -19.8% |
| Gross operating margin | 9900 | €74,357 | €128,319 | +€53,963 | +72.6% |
| Operating profit (loss) | 9901 | -€446,012 | -€366,070 | +€79,942 | +17.9% |
| Financial income | 75/76B | €2,144 | €3,864 | +€1,721 | +80.3% |
| Recurring financial income | 75 | €2,144 | €3,864 | +€1,721 | +80.3% |
| Financial charges | 65/66B | €30,347 | €46,544 | +€16,196 | +53.4% |
| Recurring financial charges | 65 | €30,347 | €46,544 | +€16,196 | +53.4% |
| Profit (loss) for the period before taxes | 9903 | -€474,216 | -€408,749 | +€65,466 | +13.8% |
| Income taxes | 67/77 | -€821 | -€622 | +€199 | +24.3% |
| Profit (loss) for the period | 9904 | -€473,394 | -€408,128 | +€65,267 | +13.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€473,394 | -€408,128 | +€65,267 | +13.8% |
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 31 October 2026 via checked.be.