FRACTIONARY: 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.
FRACTIONARY
Largest movements
- Receivables within one year +€42,502
up €42,502 (+31.4%), from €135,205 to €177,708
of which Trade receivables: +€43,675
- Cash +€7,454
up €7,454 (+115%), from €6,505 to €13,959
mainly Trade debts (+€47,620) and Depreciation (+€43,163)
- Intangible fixed assets +€7,348
up €7,348 (+8.5%), from €86,330 to €93,678
- Stocks and contracts -€4,546
down €4,546 (-4.8%), from €94,969 to €90,423
- Trade debts +€47,620
up €47,620 (+37.8%), from €126,060 to €173,680
- Other debts +€7,056
up €7,056 (+3.1%), from €224,985 to €232,041
No income-statement line moved by more than 1% of the activity.
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 | €325,154 | €376,391 | +€51,237 | +15.8% |
| Fixed assets | 21/28 | €87,541 | €93,879 | +€6,337 | +7.2% |
| Intangible fixed assets | 21 | €86,330 | €93,678 | +€7,348 | +8.5% |
| Tangible fixed assets | 22/27 | €1,112 | €101 | -€1,011 | -90.9% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €1,112 | €101 | -€1,011 | -90.9% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €237,613 | €282,513 | +€44,900 | +18.9% |
| Stocks and contracts in progress | 3 | €94,969 | €90,423 | -€4,546 | -4.8% |
| Stocks | 30/36 | €94,969 | €90,423 | -€4,546 | -4.8% |
| Amounts receivable within one year | 40/41 | €135,205 | €177,708 | +€42,502 | +31.4% |
| Trade receivables | 40 | €129,440 | €173,115 | +€43,675 | +33.7% |
| Other amounts receivable | 41 | €5,765 | €4,592 | -€1,173 | -20.3% |
| Cash at bank and in hand | 54/58 | €6,505 | €13,959 | +€7,454 | +115% |
| Deferred charges and accrued income | 490/1 | €934 | €423 | -€511 | -54.7% |
| Total equity and liabilities | 10/49 | €325,154 | €376,391 | +€51,237 | +15.8% |
| Equity | 10/15 | -€29,793 | -€29,757 | +€36 | +0.1% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Contributions outside capital | 11 | €6,197 | €6,197 | = | 0.0% |
| Other | 1109/19 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,990 | -€35,955 | +€36 | +0.1% |
| Amounts payable | 17/49 | €354,947 | €406,149 | +€51,201 | +14.4% |
| Amounts payable within one year | 42/48 | €351,383 | €406,149 | +€54,766 | +15.6% |
| Trade debts | 44 | €126,060 | €173,680 | +€47,620 | +37.8% |
| Suppliers | 440/4 | €126,060 | €173,680 | +€47,620 | +37.8% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €339 | €428 | +€89 | +26.3% |
| Taxes | 450/3 | €339 | €428 | +€89 | +26.3% |
| Other amounts payable | 47/48 | €224,985 | €232,041 | +€7,056 | +3.1% |
| Accrued charges and deferred income | 492/3 | €3,564 | €0 | -€3,564 | -100% |
| Remuneration, social security and pensions | 62 | €2 | €107 | +€105 | +5,266% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,778 | €43,163 | +€385 | +0.9% |
| Other operating charges | 640/8 | €632 | €524 | -€108 | -17.1% |
| Gross operating margin | 9900 | €44,320 | €44,401 | +€81 | +0.2% |
| Operating profit (loss) | 9901 | €907 | €607 | -€300 | -33.1% |
| Financial income | 75/76B | €11 | €0 | -€11 | -100% |
| Recurring financial income | 75 | €11 | €0 | -€11 | -100% |
| Financial charges | 65/66B | €219 | €391 | +€172 | +78.6% |
| Recurring financial charges | 65 | €219 | €391 | +€172 | +78.6% |
| Profit (loss) for the period before taxes | 9903 | €699 | €216 | -€483 | -69.1% |
| Income taxes | 67/77 | €170 | €180 | +€10 | +5.6% |
| Profit (loss) for the period | 9904 | €529 | €36 | -€493 | -93.2% |
| Profit (loss) for the period to be appropriated | 9905 | €529 | €36 | -€493 | -93.2% |
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 26 October 2026 via checked.be.