MR. FROG: what changed
Two fiscal 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.
MR. FROG
Largest movements
- Receivables within one year -€23,585
down €23,585 (-47.6%), from €49,524 to €25,939
of which Trade receivables: -€19,226
- Cash +€22,375
up €22,375 (+801.1%), from €2,793 to €25,168
mainly Receivables within one year (+€23,585) and Net result for the year (+€12,930)
- Deferred charges and accrued income +€869
new in 2025: €869
- Profit (loss) carried forward +€12,930
up €12,930 (+43.5%), from €29,733 to €42,664
- Trade debts -€10,211
down €10,211 (-75.6%), from €13,514 to €3,303
- Tax, wage and social debts -€3,076
down €3,076 (-36.0%), from €8,536 to €5,460
- Gross operating margin +€3,491
up €3,491 (+24.1%), from €14,468 to €17,959
- Financial charges -€1,260
down €1,260 (-52.2%), from €2,411 to €1,152
- Taxes +€1,180
up €1,180 (+47.4%), from €2,491 to €3,671
- Other operating charges +€768
up €768 (+13716.3%), from €6 to €774
- Depreciation -€200
down €200 (-92.6%), from €216 to €16
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 | €52,333 | €51,977 | -€356 | -0.7% |
| Fixed assets | 21/28 | €16 | - | -€16 | |
| Tangible fixed assets | 22/27 | €16 | - | -€16 | |
| Furniture and vehicles | 24 | €16 | - | -€16 | |
| Current assets | 29/58 | €52,317 | €51,977 | -€340 | -0.7% |
| Amounts receivable within one year | 40/41 | €49,524 | €25,939 | -€23,585 | -47.6% |
| Trade receivables | 40 | €35,249 | €16,023 | -€19,226 | -54.5% |
| Other amounts receivable | 41 | €14,275 | €9,916 | -€4,359 | -30.5% |
| Cash at bank and in hand | 54/58 | €2,793 | €25,168 | +€22,375 | +801.1% |
| Deferred charges and accrued income | 490/1 | - | €869 | +€869 | |
| Total equity and liabilities | 10/49 | €52,333 | €51,977 | -€356 | -0.7% |
| Equity | 10/15 | €30,283 | €43,214 | +€12,930 | +42.7% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €50 | €50 | = | 0.0% |
| Non-distributable reserves | 130/1 | €50 | €50 | = | 0.0% |
| Reserves not available under the articles | 1311 | €50 | €50 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,733 | €42,664 | +€12,930 | +43.5% |
| Amounts payable | 17/49 | €22,049 | €8,763 | -€13,287 | -60.3% |
| Amounts payable within one year | 42/48 | €22,049 | €8,763 | -€13,287 | -60.3% |
| Trade debts | 44 | €13,514 | €3,303 | -€10,211 | -75.6% |
| Suppliers | 440/4 | €13,514 | €3,303 | -€10,211 | -75.6% |
| Taxes, remuneration and social security | 45 | €8,536 | €5,460 | -€3,076 | -36.0% |
| Taxes | 450/3 | €8,536 | €5,460 | -€3,076 | -36.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €216 | €16 | -€200 | -92.6% |
| Other operating charges | 640/8 | €6 | €774 | +€768 | +13716.3% |
| Gross operating margin | 9900 | €14,468 | €17,959 | +€3,491 | +24.1% |
| Operating profit (loss) | 9901 | €14,247 | €17,169 | +€2,922 | +20.5% |
| Financial income | 75/76B | €602 | €584 | -€18 | -2.9% |
| Recurring financial income | 75 | €602 | €584 | -€18 | -2.9% |
| Financial charges | 65/66B | €2,411 | €1,152 | -€1,260 | -52.2% |
| Recurring financial charges | 65 | €2,411 | €1,152 | -€1,260 | -52.2% |
| Profit (loss) for the period before taxes | 9903 | €12,437 | €16,602 | +€4,165 | +33.5% |
| Income taxes | 67/77 | €2,491 | €3,671 | +€1,180 | +47.4% |
| Profit (loss) for the period | 9904 | €9,946 | €12,930 | +€2,984 | +30.0% |
| Profit (loss) for the period to be appropriated | 9905 | €9,946 | €12,930 | +€2,984 | +30.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.