Jean Paul FROGNET: what changed
Jean Paul FROGNET
Largest movements
- Tangible fixed assets +€263,335
up €263,335 (+108%), from €243,958 to €507,293
of which Land and buildings: +€251,015
- Cash -€150,672
down €150,672 (-58.4%), from €258,142 to €107,470
mainly Investment in fixed assets (net) (-€336,328) and Contributions, distributions and other (-€61,855)
- Receivables within one year -€31,462
down €31,462 (-93.0%), from €33,840 to €2,378
of which Trade receivables: -€26,644
- Other debts +€147,874
up €147,874 (+162%), from €91,187 to €239,061
- Reserves -€60,000
down €60,000 (-26.4%), from €226,960 to €166,960
of which Distributable reserves: -€60,000
- Current portion of long-term debt -€18,589
down €18,589 (-87.4%), from €21,266 to €2,677
- Tax, wage and social debts +€15,291
up €15,291 (+98.9%), from €15,463 to €30,755
of which Taxes: +€9,771
- Gross operating margin -€53,643
down €53,643 (-29.3%), from €182,911 to €129,268
- Depreciation +€43,922
up €43,922 (+151%), from €29,071 to €72,993
- Financial charges -€27,057
down €27,057 (-80.3%), from €33,683 to €6,625
- Staff costs -€20,980
down €20,980 (-33.1%), from €63,349 to €42,370
- Taxes -€13,113
down €13,113 (-76.6%), from €17,112 to €4,000
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €539,822 | €619,989 | +€80,167 | +14.9% |
| Fixed assets | 21/28 | €244,475 | €507,810 | +€263,335 | +108% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €243,958 | €507,293 | +€263,335 | +108% |
| Land and buildings | 22 | €200,896 | €451,911 | +€251,015 | +125% |
| Plant, machinery and equipment | 23 | €40,031 | €34,974 | -€5,057 | -12.6% |
| Furniture and vehicles | 24 | €3,031 | €20,407 | +€17,376 | +573% |
| Financial fixed assets | 28 | €518 | €518 | = | 0.0% |
| Current assets | 29/58 | €295,347 | €112,178 | -€183,168 | -62.0% |
| Amounts receivable within one year | 40/41 | €33,840 | €2,378 | -€31,462 | -93.0% |
| Trade receivables | 40 | €29,022 | €2,378 | -€26,644 | -91.8% |
| Other amounts receivable | 41 | €4,818 | - | -€4,818 | |
| Current investments | 50/53 | €1,903 | €1,903 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €258,142 | €107,470 | -€150,672 | -58.4% |
| Deferred charges and accrued income | 490/1 | €1,461 | €427 | -€1,034 | -70.8% |
| Total equity and liabilities | 10/49 | €539,822 | €619,989 | +€80,167 | +14.9% |
| Equity | 10/15 | €396,276 | €336,282 | -€59,994 | -15.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €226,960 | €166,960 | -€60,000 | -26.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €225,100 | €165,100 | -€60,000 | -26.7% |
| Profit (loss) carried forward | 14 | €150,716 | €150,722 | +€6 | 0.0% |
| Provisions and deferred taxes | 16 | €3,000 | €3,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €3,000 | €3,000 | = | 0.0% |
| Major repairs and maintenance | 162 | €3,000 | €3,000 | = | 0.0% |
| Amounts payable | 17/49 | €140,546 | €280,706 | +€140,160 | +99.7% |
| Amounts payable after more than one year | 17 | €2,682 | €1,800 | -€882 | -32.9% |
| Financial debts | 170/4 | €2,682 | - | -€2,682 | |
| Other amounts payable | 178/9 | - | €1,800 | +€1,800 | |
| Amounts payable within one year | 42/48 | €133,650 | €277,566 | +€143,916 | +108% |
| Current portion of amounts payable after more than one year | 42 | €21,266 | €2,677 | -€18,589 | -87.4% |
| Trade debts | 44 | €5,734 | €5,073 | -€660 | -11.5% |
| Suppliers | 440/4 | €5,734 | €5,073 | -€660 | -11.5% |
| Taxes, remuneration and social security | 45 | €15,463 | €30,755 | +€15,291 | +98.9% |
| Taxes | 450/3 | €15,463 | €25,234 | +€9,771 | +63.2% |
| Remuneration and social security | 454/9 | - | €5,520 | +€5,520 | |
| Other amounts payable | 47/48 | €91,187 | €239,061 | +€147,874 | +162% |
| Accrued charges and deferred income | 492/3 | €4,214 | €1,340 | -€2,874 | -68.2% |
| Remuneration, social security and pensions | 62 | €63,349 | €42,370 | -€20,980 | -33.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,071 | €72,993 | +€43,922 | +151% |
| Other operating charges | 640/8 | €591 | €1,527 | +€937 | +158% |
| Gross operating margin | 9900 | €182,911 | €129,268 | -€53,643 | -29.3% |
| Operating profit (loss) | 9901 | €89,899 | €12,377 | -€77,522 | -86.2% |
| Financial income | 75/76B | €74 | €109 | +€35 | +47.1% |
| Recurring financial income | 75 | €74 | €109 | +€35 | +47.1% |
| Financial charges | 65/66B | €33,683 | €6,625 | -€27,057 | -80.3% |
| Recurring financial charges | 65 | €33,683 | €6,625 | -€27,057 | -80.3% |
| Profit (loss) for the period before taxes | 9903 | €56,291 | €5,861 | -€50,430 | -89.6% |
| Income taxes | 67/77 | €17,112 | €4,000 | -€13,113 | -76.6% |
| Profit (loss) for the period | 9904 | €39,179 | €1,862 | -€37,317 | -95.2% |
| Profit (loss) for the period to be appropriated | 9905 | €39,179 | €1,862 | -€37,317 | -95.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.