HAPPY FRITES: 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.
HAPPY FRITES
Largest movements
- Tangible fixed assets -€40,826
down €40,826 (-55.7%), from €73,332 to €32,506
- Receivables within one year +€28,452
up €28,452 (+60.3%), from €47,165 to €75,617
of which Other amounts receivable: +€45,884
- Cash -€11,458
down €11,458 (-32.4%), from €35,391 to €23,934
mainly Receivables within one year (-€28,452) and Debts after one year (-€13,634)
- Debts after one year -€13,634
down €13,634 (-41.7%), from €32,682 to €19,048
- Other debts -€10,433
no longer reported in 2025 (was €10,433)
- Reserves +€8,428
up €8,428 (+10.2%), from €82,321 to €90,749
- Tax, wage and social debts -€7,786
down €7,786 (-93.6%), from €8,318 to €532
of which Taxes: -€6,386
- Gross operating margin -€18,749
down €18,749 (-25.5%), from €73,635 to €54,886
- Other operating charges +€10,251
up €10,251 (+455%), from €2,254 to €12,506
- Depreciation -€5,865
down €5,865 (-18.5%), from €31,677 to €25,811
- Taxes -€5,093
down €5,093 (-50.0%), from €10,178 to €5,085
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 | €156,402 | €132,895 | -€23,507 | -15.0% |
| Fixed assets | 21/28 | €73,332 | €32,506 | -€40,826 | -55.7% |
| Tangible fixed assets | 22/27 | €73,332 | €32,506 | -€40,826 | -55.7% |
| Furniture and vehicles | 24 | €73,332 | €32,506 | -€40,826 | -55.7% |
| Current assets | 29/58 | €83,071 | €100,390 | +€17,319 | +20.8% |
| Amounts receivable within one year | 40/41 | €47,165 | €75,617 | +€28,452 | +60.3% |
| Trade receivables | 40 | €47,162 | €29,730 | -€17,432 | -37.0% |
| Other amounts receivable | 41 | €3 | €45,887 | +€45,884 | +1,403,176% |
| Cash at bank and in hand | 54/58 | €35,391 | €23,934 | -€11,458 | -32.4% |
| Deferred charges and accrued income | 490/1 | €514 | €839 | +€325 | +63.2% |
| Total equity and liabilities | 10/49 | €156,402 | €132,895 | -€23,507 | -15.0% |
| Equity | 10/15 | €87,321 | €95,749 | +€8,428 | +9.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €82,321 | €90,749 | +€8,428 | +10.2% |
| Distributable reserves | 133 | €82,321 | €90,749 | +€8,428 | +10.2% |
| Amounts payable | 17/49 | €69,081 | €37,146 | -€31,935 | -46.2% |
| Amounts payable after more than one year | 17 | €32,682 | €19,048 | -€13,634 | -41.7% |
| Financial debts | 170/4 | €32,682 | €19,048 | -€13,634 | -41.7% |
| Amounts payable within one year | 42/48 | €36,320 | €17,880 | -€18,440 | -50.8% |
| Current portion of amounts payable after more than one year | 42 | €12,939 | €13,634 | +€695 | +5.4% |
| Trade debts | 44 | €4,631 | €3,714 | -€916 | -19.8% |
| Suppliers | 440/4 | €4,631 | €3,714 | -€916 | -19.8% |
| Taxes, remuneration and social security | 45 | €8,318 | €532 | -€7,786 | -93.6% |
| Taxes | 450/3 | €6,918 | €532 | -€6,386 | -92.3% |
| Remuneration and social security | 454/9 | €1,400 | - | -€1,400 | |
| Other amounts payable | 47/48 | €10,433 | - | -€10,433 | |
| Accrued charges and deferred income | 492/3 | €80 | €219 | +€139 | +174% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,677 | €25,811 | -€5,865 | -18.5% |
| Other operating charges | 640/8 | €2,254 | €12,506 | +€10,251 | +455% |
| Gross operating margin | 9900 | €73,635 | €54,886 | -€18,749 | -25.5% |
| Operating profit (loss) | 9901 | €39,704 | €16,569 | -€23,135 | -58.3% |
| Financial income | 75/76B | €20 | €334 | +€315 | +1,604% |
| Recurring financial income | 75 | €20 | €334 | +€315 | +1,604% |
| Financial charges | 65/66B | €2,928 | €3,390 | +€463 | +15.8% |
| Recurring financial charges | 65 | €2,928 | €3,390 | +€463 | +15.8% |
| Profit (loss) for the period before taxes | 9903 | €36,796 | €13,513 | -€23,283 | -63.3% |
| Income taxes | 67/77 | €10,178 | €5,085 | -€5,093 | -50.0% |
| Profit (loss) for the period | 9904 | €26,617 | €8,428 | -€18,189 | -68.3% |
| Profit (loss) for the period to be appropriated | 9905 | €26,617 | €8,428 | -€18,189 | -68.3% |
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 20 October 2026 via checked.be.