FRAIM Support & Solutions: 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.
FRAIM Support & Solutions
Largest movements
- Cash +€27,335
up €27,335 (+58.6%), from €46,676 to €74,011
mainly Net result for the year (+€411,642) and Accrued charges and deferred income (+€8,433)
- Profit (loss) carried forward +€411,642
up €411,642 (+137%), from €300,847 to €712,488
- Other debts -€171,606
down €171,606 (-53.6%), from €320,290 to €148,685
- Short-term financial debts -€150,000
down €150,000 (-75.0%), from €200,000 to €50,000
- Debts after one year -€73,409
down €73,409 (-11.0%), from €668,871 to €595,462
- Financial income +€375,000
up €375,000 (+3,749,999,900%), from €0 to €375,000
- Financial charges +€12,330
up €12,330 (+33.4%), from €36,951 to €49,281
- Gross operating margin +€6,783
up €6,783 (+7.0%), from €96,258 to €103,042
- Depreciation -€4,313
down €4,313 (-57.2%), from €7,538 to €3,225
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 | €1,652,107 | €1,676,216 | +€24,110 | +1.5% |
| Fixed assets | 21/28 | €1,605,430 | €1,602,205 | -€3,225 | -0.2% |
| Tangible fixed assets | 22/27 | €5,430 | €2,205 | -€3,225 | -59.4% |
| Plant, machinery and equipment | 23 | €171 | €0 | -€171 | -100% |
| Furniture and vehicles | 24 | €5,260 | €2,205 | -€3,054 | -58.1% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €1,600,000 | €1,600,000 | = | 0.0% |
| Current assets | 29/58 | €46,676 | €74,011 | +€27,335 | +58.6% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €46,676 | €74,011 | +€27,335 | +58.6% |
| Total equity and liabilities | 10/49 | €1,652,107 | €1,676,216 | +€24,110 | +1.5% |
| Equity | 10/15 | €324,621 | €736,262 | +€411,642 | +127% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €5,174 | €5,174 | = | 0.0% |
| Distributable reserves | 133 | €5,174 | €5,174 | = | 0.0% |
| Profit (loss) carried forward | 14 | €300,847 | €712,488 | +€411,642 | +137% |
| Amounts payable | 17/49 | €1,327,486 | €939,954 | -€387,532 | -29.2% |
| Amounts payable after more than one year | 17 | €668,871 | €595,462 | -€73,409 | -11.0% |
| Financial debts | 170/4 | €668,871 | €595,462 | -€73,409 | -11.0% |
| Amounts payable within one year | 42/48 | €650,029 | €327,472 | -€322,556 | -49.6% |
| Current portion of amounts payable after more than one year | 42 | €88,293 | €94,381 | +€6,088 | +6.9% |
| Financial debts | 43 | €200,000 | €50,000 | -€150,000 | -75.0% |
| Other loans | 439 | €200,000 | €50,000 | -€150,000 | -75.0% |
| Trade debts | 44 | €18,665 | €7,399 | -€11,266 | -60.4% |
| Suppliers | 440/4 | €18,665 | €7,399 | -€11,266 | -60.4% |
| Taxes, remuneration and social security | 45 | €22,781 | €27,007 | +€4,226 | +18.6% |
| Taxes | 450/3 | €22,781 | €27,007 | +€4,226 | +18.6% |
| Other amounts payable | 47/48 | €320,290 | €148,685 | -€171,606 | -53.6% |
| Accrued charges and deferred income | 492/3 | €8,587 | €17,019 | +€8,433 | +98.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,538 | €3,225 | -€4,313 | -57.2% |
| Other operating charges | 640/8 | €2,269 | €1,547 | -€721 | -31.8% |
| Gross operating margin | 9900 | €96,258 | €103,042 | +€6,783 | +7.0% |
| Operating profit (loss) | 9901 | €86,452 | €98,269 | +€11,817 | +13.7% |
| Financial income | 75/76B | €0 | €375,000 | +€375,000 | +3,749,999,900% |
| Recurring financial income | 75 | €0 | €375,000 | +€375,000 | +3,749,999,900% |
| Financial charges | 65/66B | €36,951 | €49,281 | +€12,330 | +33.4% |
| Recurring financial charges | 65 | €36,951 | €49,281 | +€12,330 | +33.4% |
| Profit (loss) for the period before taxes | 9903 | €49,500 | €423,988 | +€374,488 | +757% |
| Income taxes | 67/77 | €12,687 | €12,347 | -€341 | -2.7% |
| Profit (loss) for the period | 9904 | €36,813 | €411,642 | +€374,828 | +1,018% |
| Profit (loss) for the period to be appropriated | 9905 | €36,813 | €411,642 | +€374,828 | +1,018% |
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 14 October 2026 via checked.be.