FRACLA: 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.
FRACLA
Largest movements
- Tangible fixed assets +€378,669
up €378,669 (+463%), from €81,745 to €460,415
of which Land and buildings: +€398,619
- Receivables within one year +€8,932
up €8,932 (+7.1%), from €126,555 to €135,487
of which Other amounts receivable: +€45,313
- Debts after one year +€288,718
up €288,718, from €0 to €288,718
- Other debts -€154,670
down €154,670 (-67.0%), from €230,780 to €76,110
- Profit (loss) carried forward +€133,138
up €133,138 (+424%), from €31,373 to €164,511
- Short-term financial debts +€84,000
new in 2025: €84,000
- Current portion of long-term debt +€48,283
up €48,283, from €0 to €48,283
- Gross operating margin +€61,868
up €61,868 (+42.9%), from €144,381 to €206,249
- Taxes +€34,742
up €34,742 (+296%), from €11,736 to €46,478
- Depreciation +€21,276
up €21,276 (+39,032%), from €55 to €21,331
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 | €391,846 | €783,931 | +€392,085 | +100% |
| Fixed assets | 21/28 | €81,745 | €460,415 | +€378,669 | +463% |
| Tangible fixed assets | 22/27 | €81,745 | €460,415 | +€378,669 | +463% |
| Land and buildings | 22 | €2,000 | €400,619 | +€398,619 | +19,931% |
| Furniture and vehicles | 24 | €79,745 | €59,795 | -€19,950 | -25.0% |
| Current assets | 29/58 | €310,100 | €323,516 | +€13,416 | +4.3% |
| Stocks and contracts in progress | 3 | €129,589 | €129,589 | = | 0.0% |
| Stocks | 30/36 | €129,589 | €129,589 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €126,555 | €135,487 | +€8,932 | +7.1% |
| Trade receivables | 40 | €113,452 | €77,071 | -€36,381 | -32.1% |
| Other amounts receivable | 41 | €13,103 | €58,416 | +€45,313 | +346% |
| Cash at bank and in hand | 54/58 | €53,956 | €58,440 | +€4,484 | +8.3% |
| Total equity and liabilities | 10/49 | €391,846 | €783,931 | +€392,085 | +100% |
| Equity | 10/15 | €49,973 | €183,111 | +€133,138 | +266% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,373 | €164,511 | +€133,138 | +424% |
| Amounts payable | 17/49 | €341,872 | €600,820 | +€258,947 | +75.7% |
| Amounts payable after more than one year | 17 | €0 | €288,718 | +€288,718 | |
| Financial debts | 170/4 | €0 | €288,718 | +€288,718 | |
| Amounts payable within one year | 42/48 | €341,872 | €312,101 | -€29,771 | -8.7% |
| Current portion of amounts payable after more than one year | 42 | €0 | €48,283 | +€48,283 | |
| Financial debts | 43 | - | €84,000 | +€84,000 | |
| Other loans | 439 | - | €84,000 | +€84,000 | |
| Trade debts | 44 | €96,558 | €65,650 | -€30,909 | -32.0% |
| Suppliers | 440/4 | €96,558 | €65,650 | -€30,909 | -32.0% |
| Taxes, remuneration and social security | 45 | €14,534 | €38,059 | +€23,525 | +162% |
| Taxes | 450/3 | €14,534 | €38,059 | +€23,525 | +162% |
| Other amounts payable | 47/48 | €230,780 | €76,110 | -€154,670 | -67.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55 | €21,331 | +€21,276 | +39,032% |
| Other operating charges | 640/8 | €646 | €670 | +€23 | +3.6% |
| Non-recurring operating charges | 66A | €58,901 | €0 | -€58,901 | -100% |
| Gross operating margin | 9900 | €144,381 | €206,249 | +€61,868 | +42.9% |
| Operating profit (loss) | 9901 | €84,780 | €184,249 | +€99,469 | +117% |
| Financial income | 75/76B | €517 | €0 | -€517 | -100% |
| Recurring financial income | 75 | €517 | €0 | -€517 | -100% |
| Financial charges | 65/66B | €3,345 | €4,633 | +€1,288 | +38.5% |
| Recurring financial charges | 65 | €3,345 | €4,633 | +€1,288 | +38.5% |
| Profit (loss) for the period before taxes | 9903 | €81,952 | €179,616 | +€97,664 | +119% |
| Income taxes | 67/77 | €11,736 | €46,478 | +€34,742 | +296% |
| Profit (loss) for the period | 9904 | €70,216 | €133,138 | +€62,922 | +89.6% |
| Profit (loss) for the period to be appropriated | 9905 | €70,216 | €133,138 | +€62,922 | +89.6% |
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 20 October 2026 via checked.be.