Label 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.
Label Frites
Largest movements
- Tangible fixed assets -€18,394
down €18,394 (-20.7%), from €88,949 to €70,556
of which Plant, machinery and equipment: -€14,956
- Cash -€10,705
down €10,705 (-52.8%), from €20,268 to €9,562
mainly Net result for the year (-€22,240) and Tax, wage and social debts (-€7,373)
- Profit (loss) carried forward -€22,240
down €22,240 (-59.4%), from -€37,451 to -€59,691
- Tax, wage and social debts -€7,373
down €7,373 (-85.4%), from €8,638 to €1,265
of which Remuneration and social security: -€4,577
- Trade debts +€1,734
up €1,734 (+115.4%), from €1,503 to €3,237
- Purchases and services -€150,566
no longer reported in 2025 (was €150,566)
- Turnover -€128,197
no longer reported in 2025 (was €128,197)
- Gross operating margin +€21,710
up €21,710 (+98.3%), from -€22,091 to -€382
- Depreciation +€5,619
up €5,619 (+42.5%), from €13,233 to €18,852
- Staff costs +€1,446
up €1,446 (+102.1%), from €1,416 to €2,861
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 | €114,120 | €85,072 | -€29,048 | -25.5% |
| Formation expenses | 20 | €1,940 | €1,482 | -€458 | -23.6% |
| Fixed assets | 21/28 | €89,154 | €71,051 | -€18,104 | -20.3% |
| Tangible fixed assets | 22/27 | €88,949 | €70,556 | -€18,394 | -20.7% |
| Plant, machinery and equipment | 23 | €64,237 | €49,281 | -€14,956 | -23.3% |
| Furniture and vehicles | 24 | €4,980 | €3,829 | -€1,151 | -23.1% |
| Other tangible fixed assets | 26 | €19,732 | €17,445 | -€2,287 | -11.6% |
| Financial fixed assets | 28 | €205 | €495 | +€290 | +141.5% |
| Current assets | 29/58 | €23,026 | €12,539 | -€10,487 | -45.5% |
| Stocks and contracts in progress | 3 | €1,490 | €1,610 | +€120 | +8.1% |
| Stocks | 30/36 | €1,490 | €1,610 | +€120 | +8.1% |
| Amounts receivable within one year | 40/41 | €367 | €742 | +€375 | +102.2% |
| Trade receivables | 40 | €61 | - | -€61 | |
| Other amounts receivable | 41 | €306 | €742 | +€436 | +142.4% |
| Cash at bank and in hand | 54/58 | €20,268 | €9,562 | -€10,705 | -52.8% |
| Deferred charges and accrued income | 490/1 | €901 | €625 | -€276 | -30.6% |
| Total equity and liabilities | 10/49 | €114,120 | €85,072 | -€29,048 | -25.5% |
| Equity | 10/15 | -€27,451 | -€49,691 | -€22,240 | -81.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,451 | -€59,691 | -€22,240 | -59.4% |
| Amounts payable | 17/49 | €141,571 | €134,762 | -€6,809 | -4.8% |
| Amounts payable within one year | 42/48 | €141,129 | €134,762 | -€6,367 | -4.5% |
| Trade debts | 44 | €1,503 | €3,237 | +€1,734 | +115.4% |
| Suppliers | 440/4 | €1,503 | €3,237 | +€1,734 | +115.4% |
| Taxes, remuneration and social security | 45 | €8,638 | €1,265 | -€7,373 | -85.4% |
| Taxes | 450/3 | €4,038 | €1,242 | -€2,795 | -69.2% |
| Remuneration and social security | 454/9 | €4,600 | €23 | -€4,577 | -99.5% |
| Other amounts payable | 47/48 | €130,989 | €130,261 | -€728 | -0.6% |
| Accrued charges and deferred income | 492/3 | €442 | - | -€442 | |
| Turnover | 70 | €128,197 | - | -€128,197 | |
| Non-recurring operating income | 76A | - | €600 | +€600 | |
| Goods, raw materials, services and sundry goods | 60/61 | €150,566 | - | -€150,566 | |
| Remuneration, social security and pensions | 62 | €1,416 | €2,861 | +€1,446 | +102.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,233 | €18,852 | +€5,619 | +42.5% |
| Gross operating margin | 9900 | -€22,091 | -€382 | +€21,710 | +98.3% |
| Operating profit (loss) | 9901 | -€36,740 | -€22,095 | +€14,645 | +39.9% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €711 | €145 | -€567 | -79.7% |
| Recurring financial charges | 65 | €711 | €145 | -€567 | -79.7% |
| Profit (loss) for the period before taxes | 9903 | -€37,451 | -€22,240 | +€15,211 | +40.6% |
| Profit (loss) for the period | 9904 | -€37,451 | -€22,240 | +€15,211 | +40.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€37,451 | -€22,240 | +€15,211 | +40.6% |
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 11 October 2026 via checked.be.