FRUI: 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.
FRUI
Largest movements
- Receivables within one year -€203,259
down €203,259 (-67.6%), from €300,867 to €97,608
of which Trade receivables: -€147,070
- Cash +€63,670
up €63,670 (+54.7%), from €116,425 to €180,094
mainly Net result for the year (+€401,121) and Receivables within one year (+€203,259)
- Current investments +€25,006
up €25,006 (+7.1%), from €350,000 to €375,006
- Deferred charges and accrued income -€15,081
down €15,081 (-57.4%), from €26,288 to €11,207
- Tangible fixed assets -€10,464
down €10,464 (-46.7%), from €22,383 to €11,919
- Advances received -€154,512
no longer reported in 2025 (was €154,512)
- Other debts +€11,629
up €11,629 (+3.0%), from €389,462 to €401,091
- Write-downs -€18,704
no longer reported in 2025 (was €18,704)
- Taxes +€18,192
up €18,192 (+25.5%), from €71,303 to €89,495
- Gross operating margin +€17,484
up €17,484 (+3.0%), from €587,577 to €605,061
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 | €815,962 | €675,835 | -€140,127 | -17.2% |
| Fixed assets | 21/28 | €22,383 | €11,919 | -€10,464 | -46.7% |
| Tangible fixed assets | 22/27 | €22,383 | €11,919 | -€10,464 | -46.7% |
| Plant, machinery and equipment | 23 | €10,035 | €5,169 | -€4,866 | -48.5% |
| Furniture and vehicles | 24 | €10,168 | €6,055 | -€4,113 | -40.4% |
| Other tangible fixed assets | 26 | €2,179 | €694 | -€1,485 | -68.1% |
| Current assets | 29/58 | €793,579 | €663,916 | -€129,664 | -16.3% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €300,867 | €97,608 | -€203,259 | -67.6% |
| Trade receivables | 40 | €238,494 | €91,424 | -€147,070 | -61.7% |
| Other amounts receivable | 41 | €62,373 | €6,184 | -€56,189 | -90.1% |
| Current investments | 50/53 | €350,000 | €375,006 | +€25,006 | +7.1% |
| Cash at bank and in hand | 54/58 | €116,425 | €180,094 | +€63,670 | +54.7% |
| Deferred charges and accrued income | 490/1 | €26,288 | €11,207 | -€15,081 | -57.4% |
| Total equity and liabilities | 10/49 | €815,962 | €675,835 | -€140,127 | -17.2% |
| Equity | 10/15 | €211,201 | €211,231 | +€30 | 0.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €149,200 | €149,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €143,000 | €143,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1 | €31 | +€30 | +3717.1% |
| Amounts payable | 17/49 | €604,761 | €464,603 | -€140,158 | -23.2% |
| Amounts payable within one year | 42/48 | €604,761 | €460,703 | -€144,058 | -23.8% |
| Trade debts | 44 | €28,720 | €34,847 | +€6,127 | +21.3% |
| Suppliers | 440/4 | €28,720 | €34,847 | +€6,127 | +21.3% |
| Advances received on contracts in progress | 46 | €154,512 | - | -€154,512 | |
| Taxes, remuneration and social security | 45 | €32,067 | €24,765 | -€7,302 | -22.8% |
| Taxes | 450/3 | €20,467 | €4,826 | -€15,641 | -76.4% |
| Remuneration and social security | 454/9 | €11,600 | €19,939 | +€8,339 | +71.9% |
| Other amounts payable | 47/48 | €389,462 | €401,091 | +€11,629 | +3.0% |
| Accrued charges and deferred income | 492/3 | €0 | €3,900 | +€3,900 | |
| Remuneration, social security and pensions | 62 | €110,137 | €110,566 | +€429 | +0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,882 | €10,464 | +€582 | +5.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €18,704 | - | -€18,704 | |
| Other operating charges | 640/8 | €1,376 | €3,121 | +€1,745 | +126.8% |
| Gross operating margin | 9900 | €587,577 | €605,061 | +€17,484 | +3.0% |
| Operating profit (loss) | 9901 | €447,479 | €480,910 | +€33,431 | +7.5% |
| Financial income | 75/76B | €4,523 | €10,108 | +€5,586 | +123.5% |
| Recurring financial income | 75 | €4,523 | €1,108 | -€3,414 | -75.5% |
| Non-recurring financial income | 76B | - | €9,000 | +€9,000 | |
| Financial charges | 65/66B | €364 | €402 | +€38 | +10.5% |
| Recurring financial charges | 65 | €364 | €402 | +€38 | +10.5% |
| Profit (loss) for the period before taxes | 9903 | €451,638 | €490,617 | +€38,978 | +8.6% |
| Income taxes | 67/77 | €71,303 | €89,495 | +€18,192 | +25.5% |
| Profit (loss) for the period | 9904 | €380,335 | €401,121 | +€20,786 | +5.5% |
| Profit (loss) for the period to be appropriated | 9905 | €380,335 | €401,121 | +€20,786 | +5.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.