FRACILco: 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.
FRACILco
Largest movements
- Current investments +€65,000
new in 2025: €65,000
- Receivables after one year +€39,000
up €39,000 (+28.5%), from €137,000 to €176,000
- Receivables within one year -€17,533
no longer reported in 2025 (was €17,533)
- Tangible fixed assets -€4,220
down €4,220 (-20.7%), from €20,365 to €16,145
of which Other tangible fixed assets: -€2,559
- Other debts +€163,442
up €163,442 (+47,631%), from €343 to €163,785
- Reserves -€103,799
down €103,799 (-45.0%), from €230,771 to €126,972
- Tax, wage and social debts +€15,449
up €15,449 (+63.1%), from €24,495 to €39,944
- Current portion of long-term debt +€6,731
new in 2025: €6,731
- Taxes -€4,940
down €4,940 (-18.0%), from €27,486 to €22,546
- Gross operating margin +€4,377
up €4,377 (+4.4%), from €100,368 to €104,745
- Other operating charges -€1,306
down €1,306 (-35.8%), from €3,649 to €2,343
- Financial income +€1,196
up €1,196 (+32.3%), from €3,698 to €4,894
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 | €261,806 | €343,311 | +€81,505 | +31.1% |
| Fixed assets | 21/28 | €20,365 | €16,145 | -€4,220 | -20.7% |
| Tangible fixed assets | 22/27 | €20,365 | €16,145 | -€4,220 | -20.7% |
| Furniture and vehicles | 24 | €4,536 | €2,875 | -€1,661 | -36.6% |
| Other tangible fixed assets | 26 | €15,829 | €13,270 | -€2,559 | -16.2% |
| Current assets | 29/58 | €241,441 | €327,166 | +€85,725 | +35.5% |
| Amounts receivable after more than one year | 29 | €137,000 | €176,000 | +€39,000 | +28.5% |
| Other amounts receivable | 291 | €137,000 | €176,000 | +€39,000 | +28.5% |
| Amounts receivable within one year | 40/41 | €17,533 | - | -€17,533 | |
| Trade receivables | 40 | €17,533 | - | -€17,533 | |
| Current investments | 50/53 | - | €65,000 | +€65,000 | |
| Cash at bank and in hand | 54/58 | €86,332 | €85,299 | -€1,033 | -1.2% |
| Deferred charges and accrued income | 490/1 | €577 | €868 | +€291 | +50.4% |
| Total equity and liabilities | 10/49 | €261,806 | €343,311 | +€81,505 | +31.1% |
| Equity | 10/15 | €235,944 | €131,972 | -€103,972 | -44.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €230,771 | €126,972 | -€103,799 | -45.0% |
| Distributable reserves | 133 | €230,771 | €126,972 | -€103,799 | -45.0% |
| Profit (loss) carried forward | 14 | €173 | - | -€173 | |
| Amounts payable | 17/49 | €25,862 | €211,339 | +€185,478 | +717% |
| Amounts payable within one year | 42/48 | €25,862 | €211,339 | +€185,478 | +717% |
| Current portion of amounts payable after more than one year | 42 | - | €6,731 | +€6,731 | |
| Trade debts | 44 | €1,023 | €879 | -€144 | -14.1% |
| Suppliers | 440/4 | €1,023 | €879 | -€144 | -14.1% |
| Taxes, remuneration and social security | 45 | €24,495 | €39,944 | +€15,449 | +63.1% |
| Taxes | 450/3 | €24,495 | €39,944 | +€15,449 | +63.1% |
| Other amounts payable | 47/48 | €343 | €163,785 | +€163,442 | +47,631% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,206 | €6,727 | +€522 | +8.4% |
| Other operating charges | 640/8 | €3,649 | €2,343 | -€1,306 | -35.8% |
| Gross operating margin | 9900 | €100,368 | €104,745 | +€4,377 | +4.4% |
| Operating profit (loss) | 9901 | €90,513 | €95,674 | +€5,161 | +5.7% |
| Financial income | 75/76B | €3,698 | €4,894 | +€1,196 | +32.3% |
| Recurring financial income | 75 | €3,698 | €4,894 | +€1,196 | +32.3% |
| Financial charges | 65/66B | €452 | €381 | -€71 | -15.7% |
| Recurring financial charges | 65 | €452 | €381 | -€71 | -15.7% |
| Profit (loss) for the period before taxes | 9903 | €93,759 | €100,188 | +€6,429 | +6.9% |
| Income taxes | 67/77 | €27,486 | €22,546 | -€4,940 | -18.0% |
| Profit (loss) for the period | 9904 | €66,273 | €77,642 | +€11,369 | +17.2% |
| Profit (loss) for the period to be appropriated | 9905 | €66,273 | €77,642 | +€11,369 | +17.2% |
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.