LA FRINGALE: 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.
LA FRINGALE
Largest movements
- Cash +€14,852
up €14,852 (+25.0%), from €59,455 to €74,307
mainly Net result for the year (+€18,286) and Depreciation (+€8,560)
- Tangible fixed assets -€7,211
down €7,211 (-17.7%), from €40,654 to €33,443
of which Furniture and vehicles: -€5,861
- Receivables within one year -€3,705
down €3,705 (-32.5%), from €11,401 to €7,696
of which Other amounts receivable: -€2,510
- Profit (loss) carried forward +€18,286
up €18,286 (+42.6%), from €42,915 to €61,202
- Trade debts -€4,329
down €4,329 (-28.4%), from €15,269 to €10,940
- Current portion of long-term debt -€4,059
down €4,059 (-59.5%), from €6,821 to €2,762
- Debts after one year -€2,762
down €2,762 (-36.6%), from €7,546 to €4,784
- Tax, wage and social debts -€1,489
down €1,489 (-5.7%), from €25,975 to €24,486
of which Remuneration and social security: -€3,352
- Gross operating margin +€48,011
up €48,011 (+33.4%), from €143,706 to €191,717
- Staff costs +€28,782
up €28,782 (+22.1%), from €130,500 to €159,282
- Taxes +€3,244
up €3,244 (+281%), from €1,153 to €4,397
- Depreciation +€2,600
up €2,600 (+43.6%), from €5,961 to €8,560
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €119,627 | €125,185 | +€5,558 | +4.6% |
| Fixed assets | 21/28 | €40,967 | €33,756 | -€7,211 | -17.6% |
| Tangible fixed assets | 22/27 | €40,654 | €33,443 | -€7,211 | -17.7% |
| Furniture and vehicles | 24 | €29,266 | €23,405 | -€5,861 | -20.0% |
| Other tangible fixed assets | 26 | €11,388 | €10,038 | -€1,350 | -11.9% |
| Financial fixed assets | 28 | €313 | €313 | = | 0.0% |
| Current assets | 29/58 | €78,660 | €91,428 | +€12,769 | +16.2% |
| Stocks and contracts in progress | 3 | €6,573 | €7,581 | +€1,008 | +15.3% |
| Stocks | 30/36 | €6,573 | €7,581 | +€1,008 | +15.3% |
| Amounts receivable within one year | 40/41 | €11,401 | €7,696 | -€3,705 | -32.5% |
| Trade receivables | 40 | €2,543 | €1,347 | -€1,196 | -47.0% |
| Other amounts receivable | 41 | €8,859 | €6,349 | -€2,510 | -28.3% |
| Cash at bank and in hand | 54/58 | €59,455 | €74,307 | +€14,852 | +25.0% |
| Deferred charges and accrued income | 490/1 | €1,230 | €1,845 | +€615 | +49.9% |
| Total equity and liabilities | 10/49 | €119,627 | €125,185 | +€5,558 | +4.6% |
| Equity | 10/15 | €63,815 | €82,102 | +€18,286 | +28.7% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €1,900 | €1,900 | = | 0.0% |
| Distributable reserves | 133 | €1,900 | €1,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,915 | €61,202 | +€18,286 | +42.6% |
| Amounts payable | 17/49 | €55,811 | €43,083 | -€12,728 | -22.8% |
| Amounts payable after more than one year | 17 | €7,546 | €4,784 | -€2,762 | -36.6% |
| Financial debts | 170/4 | €7,546 | €4,784 | -€2,762 | -36.6% |
| Amounts payable within one year | 42/48 | €48,265 | €38,299 | -€9,967 | -20.6% |
| Current portion of amounts payable after more than one year | 42 | €6,821 | €2,762 | -€4,059 | -59.5% |
| Trade debts | 44 | €15,269 | €10,940 | -€4,329 | -28.4% |
| Suppliers | 440/4 | €15,269 | €10,940 | -€4,329 | -28.4% |
| Taxes, remuneration and social security | 45 | €25,975 | €24,486 | -€1,489 | -5.7% |
| Taxes | 450/3 | €905 | €2,768 | +€1,863 | +206% |
| Remuneration and social security | 454/9 | €25,070 | €21,718 | -€3,352 | -13.4% |
| Other amounts payable | 47/48 | €200 | €111 | -€89 | -44.6% |
| Remuneration, social security and pensions | 62 | €130,500 | €159,282 | +€28,782 | +22.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,961 | €8,560 | +€2,600 | +43.6% |
| Other operating charges | 640/8 | €783 | €559 | -€224 | -28.6% |
| Gross operating margin | 9900 | €143,706 | €191,717 | +€48,011 | +33.4% |
| Operating profit (loss) | 9901 | €6,462 | €23,316 | +€16,853 | +261% |
| Financial income | 75/76B | €0 | €64 | +€64 | +15,963% |
| Recurring financial income | 75 | €0 | €64 | +€64 | +15,963% |
| Financial charges | 65/66B | €570 | €696 | +€126 | +22.1% |
| Recurring financial charges | 65 | €570 | €696 | +€126 | +22.1% |
| Profit (loss) for the period before taxes | 9903 | €5,893 | €22,684 | +€16,791 | +285% |
| Income taxes | 67/77 | €1,153 | €4,397 | +€3,244 | +281% |
| Profit (loss) for the period | 9904 | €4,740 | €18,286 | +€13,547 | +286% |
| Profit (loss) for the period to be appropriated | 9905 | €4,740 | €18,286 | +€13,547 | +286% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.