G Froid: 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.
G Froid
Largest movements
- Tangible fixed assets -€9,414
down €9,414 (-32.3%), from €29,187 to €19,773
of which Furniture and vehicles: -€9,282
- Intangible fixed assets -€6,005
down €6,005 (-70.9%), from €8,474 to €2,468
- Cash -€4,203
down €4,203 (-59.3%), from €7,089 to €2,886
mainly Trade debts (-€30,902) and Net result for the year (-€920)
- Receivables within one year -€2,050
down €2,050 (-4.3%), from €47,883 to €45,833
of which Trade receivables: -€6,312
- Stocks and contracts -€1,603
down €1,603 (-46.2%), from €3,468 to €1,865
- Trade debts -€30,902
down €30,902 (-52.1%), from €59,267 to €28,365
- Advances received +€5,287
new in 2025: €5,287
- Debts after one year +€2,728
up €2,728 (+12.7%), from €21,443 to €24,170
- Gross operating margin -€8,362
down €8,362 (-29.2%), from €28,678 to €20,316
- Financial charges +€1,066
up €1,066 (+51.5%), from €2,069 to €3,134
- Taxes -€856
down €856 (-47.6%), from €1,797 to €941
- Other operating charges +€663
up €663 (+54.8%), from €1,210 to €1,874
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 | €96,941 | €73,015 | -€23,926 | -24.7% |
| Fixed assets | 21/28 | €37,851 | €22,431 | -€15,420 | -40.7% |
| Intangible fixed assets | 21 | €8,474 | €2,468 | -€6,005 | -70.9% |
| Tangible fixed assets | 22/27 | €29,187 | €19,773 | -€9,414 | -32.3% |
| Plant, machinery and equipment | 23 | €133 | - | -€133 | |
| Furniture and vehicles | 24 | €29,055 | €19,773 | -€9,282 | -31.9% |
| Financial fixed assets | 28 | €190 | €190 | = | 0.0% |
| Current assets | 29/58 | €59,091 | €50,584 | -€8,507 | -14.4% |
| Stocks and contracts in progress | 3 | €3,468 | €1,865 | -€1,603 | -46.2% |
| Stocks | 30/36 | €3,468 | €1,865 | -€1,603 | -46.2% |
| Amounts receivable within one year | 40/41 | €47,883 | €45,833 | -€2,050 | -4.3% |
| Trade receivables | 40 | €26,427 | €20,115 | -€6,312 | -23.9% |
| Other amounts receivable | 41 | €21,456 | €25,718 | +€4,262 | +19.9% |
| Cash at bank and in hand | 54/58 | €7,089 | €2,886 | -€4,203 | -59.3% |
| Deferred charges and accrued income | 490/1 | €651 | - | -€651 | |
| Total equity and liabilities | 10/49 | €96,941 | €73,015 | -€23,926 | -24.7% |
| Equity | 10/15 | -€850 | -€1,770 | -€920 | -108% |
| Contributions | 10/11 | €8,700 | €8,700 | = | 0.0% |
| Reserves | 13 | €10,360 | €10,360 | = | 0.0% |
| Distributable reserves | 133 | €10,360 | €10,360 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,910 | -€20,830 | -€920 | -4.6% |
| Amounts payable | 17/49 | €97,792 | €74,786 | -€23,006 | -23.5% |
| Amounts payable after more than one year | 17 | €21,443 | €24,170 | +€2,728 | +12.7% |
| Financial debts | 170/4 | €21,443 | €24,170 | +€2,728 | +12.7% |
| Amounts payable within one year | 42/48 | €76,229 | €50,615 | -€25,614 | -33.6% |
| Current portion of amounts payable after more than one year | 42 | €12,194 | €11,314 | -€880 | -7.2% |
| Trade debts | 44 | €59,267 | €28,365 | -€30,902 | -52.1% |
| Suppliers | 440/4 | €59,267 | €28,365 | -€30,902 | -52.1% |
| Advances received on contracts in progress | 46 | - | €5,287 | +€5,287 | |
| Taxes, remuneration and social security | 45 | €4,768 | €5,649 | +€881 | +18.5% |
| Taxes | 450/3 | €4,768 | €5,649 | +€881 | +18.5% |
| Accrued charges and deferred income | 492/3 | €120 | - | -€120 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,007 | €15,287 | +€280 | +1.9% |
| Other operating charges | 640/8 | €1,210 | €1,874 | +€663 | +54.8% |
| Gross operating margin | 9900 | €28,678 | €20,316 | -€8,362 | -29.2% |
| Operating profit (loss) | 9901 | €12,460 | €3,155 | -€9,305 | -74.7% |
| Financial income | 75/76B | €50 | - | -€50 | |
| Recurring financial income | 75 | €50 | - | -€50 | |
| Financial charges | 65/66B | €2,069 | €3,134 | +€1,066 | +51.5% |
| Recurring financial charges | 65 | €2,069 | €3,134 | +€1,066 | +51.5% |
| Profit (loss) for the period before taxes | 9903 | €10,442 | €21 | -€10,421 | -99.8% |
| Income taxes | 67/77 | €1,797 | €941 | -€856 | -47.6% |
| Profit (loss) for the period | 9904 | €8,645 | -€920 | -€9,565 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,645 | -€920 | -€9,565 |
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.