VERZEKERINGEN FREDRIX: what changed
VERZEKERINGEN FREDRIX
Largest movements
- Cash +€136,234
up €136,234 (+91.0%), from €149,766 to €286,000
- Tangible fixed assets -€15,825
down €15,825 (-55.4%), from €28,572 to €12,746
of which Furniture and vehicles: -€22,448
- Deferred charges and accrued income -€7,657
down €7,657 (-13.1%), from €58,671 to €51,014
- Receivables within one year -€3,796
down €3,796 (-44.8%), from €8,476 to €4,680
of which Other amounts receivable: -€4,838
- Profit (loss) carried forward +€77,206
up €77,206 (+84.9%), from €90,946 to €168,152
- Trade debts +€28,048
up €28,048 (+30.8%), from €91,038 to €119,087
- Accrued charges and deferred income +€21,840
up €21,840 (+173,198%), from €13 to €21,853
- Current portion of long-term debt -€8,953
no longer reported in 2025 (was €8,953)
- Debts after one year -€7,423
no longer reported in 2025 (was €7,423)
- Gross operating margin +€37,281
up €37,281 (+44.5%), from €83,724 to €121,005
- Staff costs +€18,071
up €18,071 (+55.2%), from €32,746 to €50,817
- Depreciation -€9,406
down €9,406 (-63.6%), from €14,795 to €5,389
- Taxes +€6,182
up €6,182 (+50.8%), from €12,166 to €18,349
Change in the result, 2023 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
A cash bridge needs two consecutive financial years. One year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €245,484 | €354,440 | +€108,956 | +44.4% |
| Fixed assets | 21/28 | €28,572 | €12,746 | -€15,825 | -55.4% |
| Tangible fixed assets | 22/27 | €28,572 | €12,746 | -€15,825 | -55.4% |
| Plant, machinery and equipment | 23 | €747 | €3,273 | +€2,527 | +338% |
| Furniture and vehicles | 24 | €24,192 | €1,743 | -€22,448 | -92.8% |
| Other tangible fixed assets | 26 | €3,633 | €7,730 | +€4,096 | +113% |
| Current assets | 29/58 | €216,912 | €341,694 | +€124,781 | +57.5% |
| Amounts receivable within one year | 40/41 | €8,476 | €4,680 | -€3,796 | -44.8% |
| Trade receivables | 40 | €1,918 | €2,961 | +€1,042 | +54.3% |
| Other amounts receivable | 41 | €6,557 | €1,719 | -€4,838 | -73.8% |
| Cash at bank and in hand | 54/58 | €149,766 | €286,000 | +€136,234 | +91.0% |
| Deferred charges and accrued income | 490/1 | €58,671 | €51,014 | -€7,657 | -13.1% |
| Total equity and liabilities | 10/49 | €245,484 | €354,440 | +€108,956 | +44.4% |
| Equity | 10/15 | €130,478 | €207,684 | +€77,206 | +59.2% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €14,743 | €14,743 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,479 | €2,479 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,479 | €2,479 | = | 0.0% |
| Distributable reserves | 133 | €12,264 | €12,264 | = | 0.0% |
| Profit (loss) carried forward | 14 | €90,946 | €168,152 | +€77,206 | +84.9% |
| Amounts payable | 17/49 | €115,006 | €146,756 | +€31,750 | +27.6% |
| Amounts payable after more than one year | 17 | €7,423 | - | -€7,423 | |
| Financial debts | 170/4 | €7,423 | - | -€7,423 | |
| Amounts payable within one year | 42/48 | €107,571 | €124,903 | +€17,332 | +16.1% |
| Current portion of amounts payable after more than one year | 42 | €8,953 | - | -€8,953 | |
| Trade debts | 44 | €91,038 | €119,087 | +€28,048 | +30.8% |
| Suppliers | 440/4 | €91,038 | €119,087 | +€28,048 | +30.8% |
| Taxes, remuneration and social security | 45 | - | €5,652 | +€5,652 | |
| Remuneration and social security | 454/9 | - | €5,652 | +€5,652 | |
| Other amounts payable | 47/48 | €7,579 | €165 | -€7,415 | -97.8% |
| Accrued charges and deferred income | 492/3 | €13 | €21,853 | +€21,840 | +173,198% |
| Non-recurring operating income | 76A | €1,500 | €8,781 | +€7,281 | +485% |
| Remuneration, social security and pensions | 62 | €32,746 | €50,817 | +€18,071 | +55.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,795 | €5,389 | -€9,406 | -63.6% |
| Other operating charges | 640/8 | €1,262 | €1,233 | -€30 | -2.3% |
| Gross operating margin | 9900 | €83,724 | €121,005 | +€37,281 | +44.5% |
| Operating profit (loss) | 9901 | €34,920 | €63,566 | +€28,646 | +82.0% |
| Financial income | 75/76B | €0 | €0 | +€0 | +1,000% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +1,000% |
| Financial charges | 65/66B | €542 | €594 | +€52 | +9.6% |
| Recurring financial charges | 65 | €542 | €594 | +€52 | +9.6% |
| Profit (loss) for the period before taxes | 9903 | €34,379 | €62,973 | +€28,594 | +83.2% |
| Income taxes | 67/77 | €12,166 | €18,349 | +€6,182 | +50.8% |
| Profit (loss) for the period | 9904 | €22,213 | €44,624 | +€22,411 | +101% |
| Profit (loss) for the period to be appropriated | 9905 | €22,213 | €44,624 | +€22,411 | +101% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.