FRACANO: 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.
FRACANO
Largest movements
- Cash +€53,085
up €53,085 (+608%), from €8,726 to €61,811
mainly Net result for the year (+€39,254) and Tax, wage and social debts (+€29,050)
- Tangible fixed assets -€15,770
down €15,770 (-3.4%), from €468,589 to €452,819
- Profit (loss) carried forward +€38,421
up €38,421 (+1,238%), from €3,103 to €41,524
- Tax, wage and social debts +€29,050
up €29,050 (+3,358%), from €865 to €29,915
- Debts after one year -€17,913
down €17,913 (-5.4%), from €329,009 to €311,096
- Other debts -€7,797
down €7,797 (-6.4%), from €121,153 to €113,356
- Gross operating margin +€59,462
up €59,462 (+192%), from €31,050 to €90,512
- Taxes +€20,264
up €20,264 (+2,343%), from €865 to €21,129
- Other operating charges +€3,165
up €3,165 (+96.7%), from €3,272 to €6,437
- Financial charges +€918
up €918 (+13.1%), from €7,006 to €7,924
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 | €477,565 | €522,252 | +€44,687 | +9.4% |
| Fixed assets | 21/28 | €468,589 | €452,819 | -€15,770 | -3.4% |
| Tangible fixed assets | 22/27 | €468,589 | €452,819 | -€15,770 | -3.4% |
| Land and buildings | 22 | €468,589 | €452,819 | -€15,770 | -3.4% |
| Current assets | 29/58 | €8,976 | €69,433 | +€60,457 | +674% |
| Amounts receivable within one year | 40/41 | - | €4,900 | +€4,900 | |
| Trade receivables | 40 | - | €4,900 | +€4,900 | |
| Cash at bank and in hand | 54/58 | €8,726 | €61,811 | +€53,085 | +608% |
| Deferred charges and accrued income | 490/1 | €250 | €2,722 | +€2,472 | +989% |
| Total equity and liabilities | 10/49 | €477,565 | €522,252 | +€44,687 | +9.4% |
| Equity | 10/15 | €8,103 | €46,524 | +€38,421 | +474% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,103 | €41,524 | +€38,421 | +1,238% |
| Amounts payable | 17/49 | €469,462 | €475,729 | +€6,267 | +1.3% |
| Amounts payable after more than one year | 17 | €329,009 | €311,096 | -€17,913 | -5.4% |
| Financial debts | 170/4 | €329,009 | €311,096 | -€17,913 | -5.4% |
| Amounts payable within one year | 42/48 | €139,603 | €163,783 | +€24,180 | +17.3% |
| Current portion of amounts payable after more than one year | 42 | €17,567 | €17,913 | +€346 | +2.0% |
| Trade debts | 44 | €18 | €2,599 | +€2,581 | +14,341% |
| Suppliers | 440/4 | €18 | €2,599 | +€2,581 | +14,341% |
| Taxes, remuneration and social security | 45 | €865 | €29,915 | +€29,050 | +3,358% |
| Taxes | 450/3 | €865 | €29,915 | +€29,050 | +3,358% |
| Other amounts payable | 47/48 | €121,153 | €113,356 | -€7,797 | -6.4% |
| Accrued charges and deferred income | 492/3 | €850 | €850 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,767 | €15,769 | +€2 | 0.0% |
| Other operating charges | 640/8 | €3,272 | €6,437 | +€3,165 | +96.7% |
| Gross operating margin | 9900 | €31,050 | €90,512 | +€59,462 | +192% |
| Operating profit (loss) | 9901 | €12,011 | €68,306 | +€56,295 | +469% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €7,006 | €7,924 | +€918 | +13.1% |
| Recurring financial charges | 65 | €7,006 | €7,924 | +€918 | +13.1% |
| Profit (loss) for the period before taxes | 9903 | €5,005 | €60,383 | +€55,378 | +1,106% |
| Income taxes | 67/77 | €865 | €21,129 | +€20,264 | +2,343% |
| Profit (loss) for the period | 9904 | €4,140 | €39,254 | +€35,114 | +848% |
| Profit (loss) for the period to be appropriated | 9905 | €4,140 | €39,254 | +€35,114 | +848% |
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 31 October 2026 via checked.be.