IMMO FRIGO: 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.
IMMO FRIGO
Largest movements
- Tangible fixed assets -€33,140
down €33,140 (-3.6%), from €923,698 to €890,558
of which Land and buildings: -€33,110
- Cash -€21,626
down €21,626 (-89.1%), from €24,272 to €2,646
mainly Net result for the year (-€41,513) and Trade debts (-€8,797)
- Profit (loss) carried forward -€38,177
down €38,177 (-31.8%), from -€120,200 to -€158,377
- Turnover -€6,930
down €6,930 (-24.9%), from €27,871 to €20,941
- Gross operating margin -€6,623
down €6,623, from €6,179 to -€444
- Other operating charges -€2,925
down €2,925 (-24.0%), from €12,203 to €9,278
- Financial income +€882
up €882 (+45.7%), from €1,929 to €2,811
of which Financial income: +€782
- Financial charges -€425
down €425 (-14.2%), from €2,999 to €2,574
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 | €990,931 | €939,712 | -€51,219 | -5.2% |
| Fixed assets | 21/28 | €923,698 | €890,558 | -€33,140 | -3.6% |
| Tangible fixed assets | 22/27 | €923,698 | €890,558 | -€33,140 | -3.6% |
| Land and buildings | 22 | €923,588 | €890,478 | -€33,110 | -3.6% |
| Plant, machinery and equipment | 23 | €110 | €80 | -€30 | -27.3% |
| Current assets | 29/58 | €67,233 | €49,154 | -€18,079 | -26.9% |
| Amounts receivable within one year | 40/41 | €42,961 | €46,508 | +€3,547 | +8.3% |
| Other amounts receivable | 41 | €42,961 | €46,508 | +€3,547 | +8.3% |
| Cash at bank and in hand | 54/58 | €24,272 | €2,646 | -€21,626 | -89.1% |
| Total equity and liabilities | 10/49 | €990,931 | €939,712 | -€51,219 | -5.2% |
| Equity | 10/15 | €893,474 | €851,961 | -€41,513 | -4.6% |
| Contributions | 10/11 | €900,000 | €900,000 | = | 0.0% |
| Reserves | 13 | €113,674 | €110,338 | -€3,336 | -2.9% |
| Non-distributable reserves | 130/1 | €6,913 | €6,913 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,913 | €6,913 | = | 0.0% |
| Tax-exempt reserves | 132 | €106,761 | €103,425 | -€3,336 | -3.1% |
| Profit (loss) carried forward | 14 | -€120,200 | -€158,377 | -€38,177 | -31.8% |
| Provisions and deferred taxes | 16 | €35,587 | €34,475 | -€1,112 | -3.1% |
| Deferred taxes | 168 | €35,587 | €34,475 | -€1,112 | -3.1% |
| Amounts payable | 17/49 | €61,870 | €53,276 | -€8,594 | -13.9% |
| Amounts payable after more than one year | 17 | €7,726 | - | -€7,726 | |
| Financial debts | 170/4 | €7,726 | - | -€7,726 | |
| Amounts payable within one year | 42/48 | €54,144 | €53,276 | -€868 | -1.6% |
| Current portion of amounts payable after more than one year | 42 | €8,256 | €7,726 | -€530 | -6.4% |
| Trade debts | 44 | €13,230 | €4,433 | -€8,797 | -66.5% |
| Suppliers | 440/4 | €13,230 | €4,433 | -€8,797 | -66.5% |
| Other amounts payable | 47/48 | €32,658 | €41,117 | +€8,459 | +25.9% |
| Turnover | 70 | €27,871 | €20,941 | -€6,930 | -24.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €21,692 | €21,385 | -€307 | -1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,140 | €33,140 | = | 0.0% |
| Other operating charges | 640/8 | €12,203 | €9,278 | -€2,925 | -24.0% |
| Gross operating margin | 9900 | €6,179 | -€444 | -€6,623 | |
| Operating profit (loss) | 9901 | -€39,164 | -€42,862 | -€3,698 | -9.4% |
| Financial income | 75/76B | €1,929 | €2,811 | +€882 | +45.7% |
| Recurring financial income | 75 | €1,929 | €2,711 | +€782 | +40.5% |
| Non-recurring financial income | 76B | - | €100 | +€100 | |
| Financial charges | 65/66B | €2,999 | €2,574 | -€425 | -14.2% |
| Recurring financial charges | 65 | €2,999 | €2,574 | -€425 | -14.2% |
| Profit (loss) for the period before taxes | 9903 | -€40,234 | -€42,625 | -€2,391 | -5.9% |
| Transfer from deferred taxes | 780 | €3,676 | €1,112 | -€2,564 | -69.7% |
| Profit (loss) for the period | 9904 | -€36,558 | -€41,513 | -€4,955 | -13.6% |
| Transfer from tax-exempt reserves | 789 | €11,028 | €3,336 | -€7,692 | -69.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,530 | -€38,177 | -€12,647 | -49.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.