Verzekeringen Frederickx: 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.
Verzekeringen Frederickx
Largest movements
- Cash +€63,838
up €63,838 (+229%), from €27,907 to €91,745
mainly Net result for the year (+€46,577) and Trade debts (+€11,024)
- Receivables within one year -€3,468
no longer reported in 2025 (was €3,468)
of which Trade receivables: -€3,426
- Reserves +€45,190
up €45,190 (+16,542%), from €273 to €45,463
of which Distributable reserves: +€45,190
- Trade debts +€11,024
up €11,024 (+315%), from €3,496 to €14,520
- Tax, wage and social debts +€2,320
up €2,320 (+51.9%), from €4,468 to €6,788
of which Taxes: +€5,143
- Profit (loss) carried forward +€1,388
no longer reported in 2025 (was -€1,388)
- Gross operating margin +€35,491
up €35,491 (+123%), from €28,791 to €64,281
- Staff costs -€35,311
no longer reported in 2025 (was €35,311)
- Taxes +€16,876
new in 2025: €16,876
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 | €31,849 | €91,886 | +€60,037 | +189% |
| Fixed assets | 21/28 | €474 | €141 | -€333 | -70.2% |
| Tangible fixed assets | 22/27 | €474 | €141 | -€333 | -70.2% |
| Plant, machinery and equipment | 23 | €91 | - | -€91 | |
| Other tangible fixed assets | 26 | €383 | €141 | -€242 | -63.2% |
| Current assets | 29/58 | €31,375 | €91,745 | +€60,370 | +192% |
| Amounts receivable within one year | 40/41 | €3,468 | - | -€3,468 | |
| Trade receivables | 40 | €3,426 | - | -€3,426 | |
| Other amounts receivable | 41 | €42 | - | -€42 | |
| Cash at bank and in hand | 54/58 | €27,907 | €91,745 | +€63,838 | +229% |
| Total equity and liabilities | 10/49 | €31,849 | €91,886 | +€60,037 | +189% |
| Equity | 10/15 | €23,886 | €70,463 | +€46,577 | +195% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €273 | €45,463 | +€45,190 | +16,542% |
| Tax-exempt reserves | 132 | €273 | €273 | = | 0.0% |
| Distributable reserves | 133 | - | €45,190 | +€45,190 | |
| Profit (loss) carried forward | 14 | -€1,388 | - | +€1,388 | |
| Amounts payable | 17/49 | €7,963 | €21,423 | +€13,460 | +169% |
| Amounts payable within one year | 42/48 | €7,963 | €21,423 | +€13,460 | +169% |
| Trade debts | 44 | €3,496 | €14,520 | +€11,024 | +315% |
| Suppliers | 440/4 | €3,496 | €14,520 | +€11,024 | +315% |
| Taxes, remuneration and social security | 45 | €4,468 | €6,788 | +€2,320 | +51.9% |
| Taxes | 450/3 | €1,645 | €6,788 | +€5,143 | +313% |
| Remuneration and social security | 454/9 | €2,823 | - | -€2,823 | |
| Other amounts payable | 47/48 | - | €115 | +€115 | |
| Remuneration, social security and pensions | 62 | €35,311 | - | -€35,311 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €722 | €333 | -€389 | -53.9% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €28,791 | €64,281 | +€35,491 | +123% |
| Operating profit (loss) | 9901 | -€7,629 | €63,549 | +€71,178 | |
| Financial income | 75/76B | €139 | €294 | +€155 | +112% |
| Recurring financial income | 75 | €139 | €294 | +€155 | +112% |
| Financial charges | 65/66B | €195 | €389 | +€195 | +100% |
| Recurring financial charges | 65 | €195 | €389 | +€195 | +100% |
| Profit (loss) for the period before taxes | 9903 | -€7,685 | €63,454 | +€71,139 | |
| Income taxes | 67/77 | - | €16,876 | +€16,876 | |
| Profit (loss) for the period | 9904 | -€7,685 | €46,577 | +€54,262 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,685 | €46,577 | +€54,262 |
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 25 October 2026 via checked.be.