P & Y 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.
P & Y FRITES
Largest movements
- Tangible fixed assets +€114,421
up €114,421 (+31.3%), from €365,406 to €479,827
of which Land and buildings: +€120,330
- Receivables within one year +€8,055
up €8,055 (+89.8%), from €8,967 to €17,022
- Short-term financial debts +€130,000
new in 2025: €130,000
- Trade debts +€12,758
up €12,758 (+29.1%), from €43,885 to €56,643
- Tax, wage and social debts -€11,811
down €11,811 (-55.9%), from €21,126 to €9,315
of which Taxes: -€10,576
- Other debts -€8,459
down €8,459 (-24.7%), from €34,263 to €25,804
- Gross operating margin -€20,299
down €20,299 (-13.2%), from €154,005 to €133,706
- Staff costs -€10,230
down €10,230 (-10.2%), from €99,882 to €89,652
- Depreciation +€8,779
up €8,779 (+33.4%), from €26,292 to €35,071
- Taxes -€6,663
down €6,663 (-95.3%), from €6,989 to €326
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.
Derived cash bridge
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 | €379,317 | €502,085 | +€122,768 | +32.4% |
| Fixed assets | 21/28 | €365,706 | €480,127 | +€114,421 | +31.3% |
| Tangible fixed assets | 22/27 | €365,406 | €479,827 | +€114,421 | +31.3% |
| Land and buildings | 22 | €357,066 | €477,396 | +€120,330 | +33.7% |
| Plant, machinery and equipment | 23 | €7,782 | €2,431 | -€5,351 | -68.8% |
| Furniture and vehicles | 24 | €558 | - | -€558 | |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €13,611 | €21,958 | +€8,347 | +61.3% |
| Stocks and contracts in progress | 3 | €3,315 | €4,125 | +€810 | +24.4% |
| Stocks | 30/36 | €3,315 | €4,125 | +€810 | +24.4% |
| Amounts receivable within one year | 40/41 | €8,967 | €17,022 | +€8,055 | +89.8% |
| Trade receivables | 40 | €8,967 | €17,022 | +€8,055 | +89.8% |
| Cash at bank and in hand | 54/58 | €1,329 | €811 | -€518 | -39.0% |
| Total equity and liabilities | 10/49 | €379,317 | €502,085 | +€122,768 | +32.4% |
| Equity | 10/15 | €277,082 | €277,435 | +€353 | +0.1% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Revaluation surpluses | 12 | €9,254 | €9,254 | = | 0.0% |
| Reserves | 13 | €260,828 | €261,181 | +€353 | +0.1% |
| Distributable reserves | 133 | €260,828 | €261,181 | +€353 | +0.1% |
| Amounts payable | 17/49 | €102,235 | €224,650 | +€122,415 | +120% |
| Amounts payable after more than one year | 17 | €1,100 | €1,100 | = | 0.0% |
| Other amounts payable | 178/9 | €1,100 | €1,100 | = | 0.0% |
| Amounts payable within one year | 42/48 | €99,274 | €221,762 | +€122,488 | +123% |
| Financial debts | 43 | - | €130,000 | +€130,000 | |
| Credit institutions | 430/8 | - | €130,000 | +€130,000 | |
| Trade debts | 44 | €43,885 | €56,643 | +€12,758 | +29.1% |
| Suppliers | 440/4 | €43,885 | €56,643 | +€12,758 | +29.1% |
| Taxes, remuneration and social security | 45 | €21,126 | €9,315 | -€11,811 | -55.9% |
| Taxes | 450/3 | €12,279 | €1,703 | -€10,576 | -86.1% |
| Remuneration and social security | 454/9 | €8,847 | €7,612 | -€1,235 | -14.0% |
| Other amounts payable | 47/48 | €34,263 | €25,804 | -€8,459 | -24.7% |
| Accrued charges and deferred income | 492/3 | €1,861 | €1,788 | -€73 | -3.9% |
| Remuneration, social security and pensions | 62 | €99,882 | €89,652 | -€10,230 | -10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,292 | €35,071 | +€8,779 | +33.4% |
| Other operating charges | 640/8 | €5,372 | €5,928 | +€556 | +10.3% |
| Gross operating margin | 9900 | €154,005 | €133,706 | -€20,299 | -13.2% |
| Operating profit (loss) | 9901 | €22,459 | €3,055 | -€19,404 | -86.4% |
| Financial charges | 65/66B | €2,173 | €2,376 | +€203 | +9.3% |
| Recurring financial charges | 65 | €2,173 | €2,376 | +€203 | +9.3% |
| Profit (loss) for the period before taxes | 9903 | €20,286 | €679 | -€19,607 | -96.7% |
| Income taxes | 67/77 | €6,989 | €326 | -€6,663 | -95.3% |
| Profit (loss) for the period | 9904 | €13,297 | €353 | -€12,944 | -97.3% |
| Profit (loss) for the period to be appropriated | 9905 | €13,297 | €353 | -€12,944 | -97.3% |
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 30 October 2026 via checked.be.