GESTION FREDERIC ANDRE: 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.
GESTION FREDERIC ANDRE
Largest movements
- Cash +€40,948
up €40,948 (+54.5%), from €75,180 to €116,128
mainly Net result for the year (+€39,457) and Other debts (+€30,835)
- Other debts +€30,835
up €30,835 (+168.9%), from €18,258 to €49,094
- Reserves +€12,950
up €12,950 (+9.3%), from €139,429 to €152,379
of which Distributable reserves: +€12,950
- Gross operating margin -€6,094
down €6,094 (-9.9%), from €61,251 to €55,157
- Financial income -€3,452
down €3,452 (-56.9%), from €6,071 to €2,619
- Taxes -€2,699
down €2,699 (-14.1%), from €19,164 to €16,465
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 | €184,045 | €227,160 | +€43,115 | +23.4% |
| Fixed assets | 21/28 | €6,006 | €7,565 | +€1,559 | +26.0% |
| Tangible fixed assets | 22/27 | - | €1,559 | +€1,559 | |
| Furniture and vehicles | 24 | - | €1,559 | +€1,559 | |
| Financial fixed assets | 28 | €6,006 | €6,006 | = | 0.0% |
| Current assets | 29/58 | €178,039 | €219,596 | +€41,556 | +23.3% |
| Amounts receivable within one year | 40/41 | €276 | €741 | +€465 | +168.3% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €276 | €741 | +€465 | +168.3% |
| Current investments | 50/53 | €100,000 | €100,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €75,180 | €116,128 | +€40,948 | +54.5% |
| Deferred charges and accrued income | 490/1 | €2,583 | €2,727 | +€144 | +5.6% |
| Total equity and liabilities | 10/49 | €184,045 | €227,160 | +€43,115 | +23.4% |
| Equity | 10/15 | €145,492 | €158,449 | +€12,957 | +8.9% |
| Contributions | 10/11 | €3,100 | €3,100 | = | 0.0% |
| Reserves | 13 | €139,429 | €152,379 | +€12,950 | +9.3% |
| Non-distributable reserves | 130/1 | €930 | €930 | = | 0.0% |
| Reserves not available under the articles | 1311 | €930 | €930 | = | 0.0% |
| Distributable reserves | 133 | €138,499 | €151,449 | +€12,950 | +9.4% |
| Profit (loss) carried forward | 14 | €2,963 | €2,970 | +€7 | +0.2% |
| Amounts payable | 17/49 | €38,553 | €68,711 | +€30,158 | +78.2% |
| Amounts payable within one year | 42/48 | €38,553 | €68,711 | +€30,158 | +78.2% |
| Trade debts | 44 | €1,164 | €2,230 | +€1,066 | +91.6% |
| Suppliers | 440/4 | €1,164 | €2,230 | +€1,066 | +91.6% |
| Taxes, remuneration and social security | 45 | €19,131 | €17,388 | -€1,744 | -9.1% |
| Taxes | 450/3 | €19,131 | €17,388 | -€1,744 | -9.1% |
| Other amounts payable | 47/48 | €18,258 | €49,094 | +€30,835 | +168.9% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €294 | +€294 | |
| Other operating charges | 640/8 | €1,480 | €1,373 | -€107 | -7.2% |
| Gross operating margin | 9900 | €61,251 | €55,157 | -€6,094 | -9.9% |
| Operating profit (loss) | 9901 | €59,771 | €53,489 | -€6,282 | -10.5% |
| Financial income | 75/76B | €6,071 | €2,619 | -€3,452 | -56.9% |
| Recurring financial income | 75 | €6,071 | €2,619 | -€3,452 | -56.9% |
| Financial charges | 65/66B | €120 | €186 | +€66 | +54.6% |
| Recurring financial charges | 65 | €120 | €186 | +€66 | +54.6% |
| Profit (loss) for the period before taxes | 9903 | €65,722 | €55,922 | -€9,799 | -14.9% |
| Income taxes | 67/77 | €19,164 | €16,465 | -€2,699 | -14.1% |
| Profit (loss) for the period | 9904 | €46,558 | €39,457 | -€7,100 | -15.3% |
| Profit (loss) for the period to be appropriated | 9905 | €46,558 | €39,457 | -€7,100 | -15.3% |
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 9 October 2026 via checked.be.