RM-FRITUUR: what changed
RM-FRITUUR
Largest movements
- Receivables within one year -€31,096
down €31,096 (-71.5%), from €43,461 to €12,365
- Receivables after one year -€18,822
down €18,822 (-38.8%), from €48,454 to €29,632
- Cash -€8,824
down €8,824 (-69.4%), from €12,706 to €3,882
mainly Tax, wage and social debts (-€51,325) and Trade debts (-€20,254)
- Tangible fixed assets -€2,149
down €2,149 (-23.3%), from €9,233 to €7,083
of which Plant, machinery and equipment: -€1,720
- Tax, wage and social debts -€51,325
down €51,325 (-32.6%), from €157,441 to €106,116
of which Taxes: -€50,597
- Trade debts -€20,254
down €20,254 (-54.0%), from €37,490 to €17,236
- Profit (loss) carried forward +€10,161
up €10,161 (+8.1%), from -€125,948 to -€115,787
- Short-term financial debts +€3,679
new in 2025: €3,679
- Debts after one year -€2,836
down €2,836 (-53.4%), from €5,307 to €2,471
- Taxes -€160,195
down €160,195 (-97.7%), from €163,988 to €3,794
- Other operating charges -€15,815
down €15,815 (-93.0%), from €17,013 to €1,199
- Staff costs +€4,886
up €4,886 (+16.8%), from €29,074 to €33,960
- Gross operating margin -€2,764
down €2,764 (-5.1%), from €54,347 to €51,583
- Financial charges -€1,097
down €1,097 (-50.0%), from €2,192 to €1,095
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 | €115,443 | €55,237 | -€60,206 | -52.2% |
| Fixed assets | 21/28 | €9,233 | €7,083 | -€2,149 | -23.3% |
| Tangible fixed assets | 22/27 | €9,233 | €7,083 | -€2,149 | -23.3% |
| Plant, machinery and equipment | 23 | €7,456 | €5,736 | -€1,720 | -23.1% |
| Furniture and vehicles | 24 | €1,777 | €1,347 | -€430 | -24.2% |
| Current assets | 29/58 | €106,211 | €48,154 | -€58,057 | -54.7% |
| Amounts receivable after more than one year | 29 | €48,454 | €29,632 | -€18,822 | -38.8% |
| Trade receivables | 290 | €48,454 | €29,632 | -€18,822 | -38.8% |
| Stocks and contracts in progress | 3 | €1,589 | €2,274 | +€685 | +43.1% |
| Stocks | 30/36 | €1,589 | €2,274 | +€685 | +43.1% |
| Amounts receivable within one year | 40/41 | €43,461 | €12,365 | -€31,096 | -71.5% |
| Trade receivables | 40 | €43,461 | €12,365 | -€31,096 | -71.5% |
| Cash at bank and in hand | 54/58 | €12,706 | €3,882 | -€8,824 | -69.4% |
| Total equity and liabilities | 10/49 | €115,443 | €55,237 | -€60,206 | -52.2% |
| Equity | 10/15 | -€87,494 | -€77,333 | +€10,161 | +11.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €32,254 | €32,254 | = | 0.0% |
| 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 | €30,394 | €30,394 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€125,948 | -€115,787 | +€10,161 | +8.1% |
| Amounts payable | 17/49 | €202,938 | €132,570 | -€70,367 | -34.7% |
| Amounts payable after more than one year | 17 | €5,307 | €2,471 | -€2,836 | -53.4% |
| Financial debts | 170/4 | €5,307 | €2,471 | -€2,836 | -53.4% |
| Amounts payable within one year | 42/48 | €197,631 | €129,866 | -€67,764 | -34.3% |
| Current portion of amounts payable after more than one year | 42 | €2,700 | €2,836 | +€136 | +5.0% |
| Financial debts | 43 | - | €3,679 | +€3,679 | |
| Credit institutions | 430/8 | - | €3,679 | +€3,679 | |
| Trade debts | 44 | €37,490 | €17,236 | -€20,254 | -54.0% |
| Suppliers | 440/4 | €37,490 | €17,236 | -€20,254 | -54.0% |
| Taxes, remuneration and social security | 45 | €157,441 | €106,116 | -€51,325 | -32.6% |
| Taxes | 450/3 | €154,360 | €103,763 | -€50,597 | -32.8% |
| Remuneration and social security | 454/9 | €3,080 | €2,353 | -€728 | -23.6% |
| Accrued charges and deferred income | 492/3 | - | €232 | +€232 | |
| Remuneration, social security and pensions | 62 | €29,074 | €33,960 | +€4,886 | +16.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,091 | €2,149 | +€59 | +2.8% |
| Other operating charges | 640/8 | €17,013 | €1,199 | -€15,815 | -93.0% |
| Gross operating margin | 9900 | €54,347 | €51,583 | -€2,764 | -5.1% |
| Operating profit (loss) | 9901 | €6,169 | €14,276 | +€8,107 | +131% |
| Financial income | 75/76B | - | €774 | +€774 | |
| Recurring financial income | 75 | - | €774 | +€774 | |
| Financial charges | 65/66B | €2,192 | €1,095 | -€1,097 | -50.0% |
| Recurring financial charges | 65 | €2,192 | €1,095 | -€1,097 | -50.0% |
| Profit (loss) for the period before taxes | 9903 | €3,977 | €13,955 | +€9,977 | +251% |
| Income taxes | 67/77 | €163,988 | €3,794 | -€160,195 | -97.7% |
| Profit (loss) for the period | 9904 | -€160,011 | €10,161 | +€170,172 | |
| Profit (loss) for the period to be appropriated | 9905 | -€160,011 | €10,161 | +€170,172 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.