DAVE FRANKEN: what changed
What changed
DAVE FRANKEN
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€17,479
2024 · €15,674+€1,804
Equity
€162,403
2024 · €144,924+€17,479
Cash
€1,313
2024 · €3,098-€1,786
Balance sheet total
€357,557
2024 · €369,931-€12,374
Largest movements
Assets
- Receivables within one year -€11,469
down €11,469 (-16.2%), from €70,580 to €59,111
of which Trade receivables: -€11,680
Equity and liabilities
- Reserves +€17,479
up €17,479 (+13.8%), from €126,324 to €143,803
of which Distributable reserves: +€17,479
- Debts after one year -€15,261
down €15,261 (-8.2%), from €185,232 to €169,972
- Short-term financial debts -€6,000
down €6,000 (-100%), from €6,000 to €0
- Trade debts -€4,844
down €4,844 (-79.3%), from €6,111 to €1,267
Income statement
- Gross operating margin +€3,777
up €3,777 (+13.1%), from €28,896 to €32,673
- Taxes +€1,546
up €1,546 (+29.3%), from €5,282 to €6,828
- Other operating charges +€753
up €753 (+73.7%), from €1,022 to €1,775
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.
Result 2024
€15,674
Gross operating margin
+€3,777
Other operating charges
-€753
Financial income
-€0
Financial charges
+€327
Taxes
-€1,546
Result 2025
€17,479
raises the resultlowers the result
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.
From operations
+€20,155
Investment
€0
Financing
-€21,941
Cash 2024
€3,098
From operations (derived)
+€20,155
Net result for the year
+€17,479
Receivables within one year
+€11,469
Deferred charges and accrued income
-€880
Trade debts
-€4,844
Tax, wage and social debts
-€2,392
Other debts
-€676
Financing
-€21,941
Debts after one year
-€15,261
Current portion of long-term debt
-€680
Short-term financial debts
-€6,000
Cash 2025
€1,313
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €369,931 | €357,557 | -€12,374 | -3.3% |
| Fixed assets | 21/28 | €295,363 | €295,363 | = | 0.0% |
| Financial fixed assets | 28 | €295,363 | €295,363 | = | 0.0% |
| Current assets | 29/58 | €74,569 | €62,194 | -€12,374 | -16.6% |
| Amounts receivable within one year | 40/41 | €70,580 | €59,111 | -€11,469 | -16.2% |
| Trade receivables | 40 | €65,162 | €53,482 | -€11,680 | -17.9% |
| Other amounts receivable | 41 | €5,418 | €5,629 | +€211 | +3.9% |
| Cash at bank and in hand | 54/58 | €3,098 | €1,313 | -€1,786 | -57.6% |
| Deferred charges and accrued income | 490/1 | €891 | €1,770 | +€880 | +98.8% |
| Total equity and liabilities | 10/49 | €369,931 | €357,557 | -€12,374 | -3.3% |
| Equity | 10/15 | €144,924 | €162,403 | +€17,479 | +12.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €126,324 | €143,803 | +€17,479 | +13.8% |
| 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 | €124,464 | €141,943 | +€17,479 | +14.0% |
| Amounts payable | 17/49 | €225,007 | €195,154 | -€29,853 | -13.3% |
| Amounts payable after more than one year | 17 | €185,232 | €169,972 | -€15,261 | -8.2% |
| Financial debts | 170/4 | €185,232 | €169,972 | -€15,261 | -8.2% |
| Amounts payable within one year | 42/48 | €39,775 | €25,182 | -€14,592 | -36.7% |
| Current portion of amounts payable after more than one year | 42 | €21,001 | €20,321 | -€680 | -3.2% |
| Financial debts | 43 | €6,000 | €0 | -€6,000 | -100% |
| Other loans | 439 | €6,000 | €0 | -€6,000 | -100% |
| Trade debts | 44 | €6,111 | €1,267 | -€4,844 | -79.3% |
| Suppliers | 440/4 | €6,111 | €1,267 | -€4,844 | -79.3% |
| Taxes, remuneration and social security | 45 | €5,194 | €2,801 | -€2,392 | -46.1% |
| Taxes | 450/3 | €5,194 | €2,801 | -€2,392 | -46.1% |
| Other amounts payable | 47/48 | €1,468 | €793 | -€676 | -46.0% |
| Other operating charges | 640/8 | €1,022 | €1,775 | +€753 | +73.7% |
| Gross operating margin | 9900 | €28,896 | €32,673 | +€3,777 | +13.1% |
| Operating profit (loss) | 9901 | €27,874 | €30,897 | +€3,024 | +10.8% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €6,918 | €6,591 | -€327 | -4.7% |
| Recurring financial charges | 65 | €6,918 | €6,591 | -€327 | -4.7% |
| Profit (loss) for the period before taxes | 9903 | €20,956 | €24,307 | +€3,350 | +16.0% |
| Income taxes | 67/77 | €5,282 | €6,828 | +€1,546 | +29.3% |
| Profit (loss) for the period | 9904 | €15,674 | €17,479 | +€1,804 | +11.5% |
| Profit (loss) for the period to be appropriated | 9905 | €15,674 | €17,479 | +€1,804 | +11.5% |
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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.