Huis Fragé: 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.
Huis Fragé
Largest movements
- Tangible fixed assets -€13,155
down €13,155 (-5.0%), from €265,536 to €252,380
- Profit (loss) carried forward -€29,841
down €29,841 (-28.0%), from -€106,515 to -€136,356
- Current portion of long-term debt +€12,849
up €12,849 (+107%), from €12,034 to €24,883
- Debts after one year +€9,330
up €9,330 (+2.9%), from €325,199 to €334,529
of which Other amounts payable: +€36,243
- Trade debts -€3,037
down €3,037 (-100%), from €3,037 to €0
- Gross operating margin -€7,675
down €7,675, from €7,620 to -€55
- Financial charges +€2,972
up €2,972 (+40.4%), from €7,364 to €10,336
- Other operating charges +€1,732
up €1,732 (+54.8%), from €3,163 to €4,896
- Taxes +€1,399
new in 2025: €1,399
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 | €265,536 | €252,431 | -€13,105 | -4.9% |
| Fixed assets | 21/28 | €265,536 | €252,380 | -€13,155 | -5.0% |
| Tangible fixed assets | 22/27 | €265,536 | €252,380 | -€13,155 | -5.0% |
| Land and buildings | 22 | €265,536 | €252,380 | -€13,155 | -5.0% |
| Current assets | 29/58 | €0 | €51 | +€51 | |
| Cash at bank and in hand | 54/58 | €0 | €51 | +€51 | |
| Total equity and liabilities | 10/49 | €265,536 | €252,431 | -€13,105 | -4.9% |
| Equity | 10/15 | -€79,015 | -€108,856 | -€29,841 | -37.8% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €2,500 | €2,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€106,515 | -€136,356 | -€29,841 | -28.0% |
| Amounts payable | 17/49 | €344,551 | €361,287 | +€16,736 | +4.9% |
| Amounts payable after more than one year | 17 | €325,199 | €334,529 | +€9,330 | +2.9% |
| Financial debts | 170/4 | €132,058 | €105,146 | -€26,912 | -20.4% |
| Other amounts payable | 178/9 | €193,141 | €229,383 | +€36,243 | +18.8% |
| Amounts payable within one year | 42/48 | €15,146 | €24,958 | +€9,812 | +64.8% |
| Current portion of amounts payable after more than one year | 42 | €12,034 | €24,883 | +€12,849 | +107% |
| Trade debts | 44 | €3,037 | €0 | -€3,037 | -100% |
| Suppliers | 440/4 | €3,037 | €0 | -€3,037 | -100% |
| Other amounts payable | 47/48 | €75 | €75 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €4,206 | €1,800 | -€2,406 | -57.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,155 | €13,155 | = | 0.0% |
| Other operating charges | 640/8 | €3,163 | €4,896 | +€1,732 | +54.8% |
| Gross operating margin | 9900 | €7,620 | -€55 | -€7,675 | |
| Operating profit (loss) | 9901 | -€8,699 | -€18,106 | -€9,407 | -108% |
| Financial charges | 65/66B | €7,364 | €10,336 | +€2,972 | +40.4% |
| Recurring financial charges | 65 | €7,364 | €10,336 | +€2,972 | +40.4% |
| Profit (loss) for the period before taxes | 9903 | -€16,063 | -€28,442 | -€12,379 | -77.1% |
| Income taxes | 67/77 | - | €1,399 | +€1,399 | |
| Profit (loss) for the period | 9904 | -€16,063 | -€29,841 | -€13,778 | -85.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,063 | -€29,841 | -€13,778 | -85.8% |
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 1 November 2026 via checked.be.