FRAKATVO: 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.
FRAKATVO
Largest movements
- Cash -€15,752
down €15,752 (-21.2%), from €74,384 to €58,631
mainly Receivables within one year (-€14,920) and Accrued charges and deferred income (-€4,000)
- Receivables within one year +€14,920
up €14,920 (+33.1%), from €45,080 to €60,000
- Accrued charges and deferred income -€4,000
down €4,000 (-50.0%), from €8,000 to €4,000
- Reserves +€3,194
up €3,194 (+2.7%), from €117,425 to €120,619
of which Distributable reserves: +€3,194
- Other operating charges -€1,390
down €1,390 (-24.5%), from €5,665 to €4,275
- Gross operating margin -€905
down €905 (-14.1%), from €6,419 to €5,514
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.
Cash bridge derived
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 | €287,399 | €286,592 | -€806 | -0.3% |
| Fixed assets | 21/28 | €61,415 | €61,415 | = | 0.0% |
| Tangible fixed assets | 22/27 | €61,415 | €61,415 | = | 0.0% |
| Land and buildings | 22 | €61,415 | €61,415 | = | 0.0% |
| Current assets | 29/58 | €225,984 | €225,177 | -€806 | -0.4% |
| Amounts receivable after more than one year | 29 | €100,000 | €100,000 | = | 0.0% |
| Other amounts receivable | 291 | €100,000 | €100,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €45,080 | €60,000 | +€14,920 | +33.1% |
| Other amounts receivable | 41 | €45,080 | €60,000 | +€14,920 | +33.1% |
| Cash at bank and in hand | 54/58 | €74,384 | €58,631 | -€15,752 | -21.2% |
| Deferred charges and accrued income | 490/1 | €6,520 | €6,546 | +€26 | +0.4% |
| Total equity and liabilities | 10/49 | €287,399 | €286,592 | -€806 | -0.3% |
| Equity | 10/15 | €179,399 | €182,592 | +€3,194 | +1.8% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €117,425 | €120,619 | +€3,194 | +2.7% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €111,228 | €114,422 | +€3,194 | +2.9% |
| Amounts payable | 17/49 | €108,000 | €104,000 | -€4,000 | -3.7% |
| Amounts payable after more than one year | 17 | €100,000 | €100,000 | = | 0.0% |
| Financial debts | 170/4 | €100,000 | €100,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €8,000 | €4,000 | -€4,000 | -50.0% |
| Other operating charges | 640/8 | €5,665 | €4,275 | -€1,390 | -24.5% |
| Gross operating margin | 9900 | €6,419 | €5,514 | -€905 | -14.1% |
| Operating profit (loss) | 9901 | €754 | €1,239 | +€485 | +64.4% |
| Financial income | 75/76B | €6,000 | €6,000 | = | 0.0% |
| Recurring financial income | 75 | €6,000 | €6,000 | = | 0.0% |
| Financial charges | 65/66B | €4,064 | €4,045 | -€19 | -0.5% |
| Recurring financial charges | 65 | €4,064 | €4,045 | -€19 | -0.5% |
| Profit (loss) for the period before taxes | 9903 | €2,690 | €3,194 | +€504 | +18.7% |
| Profit (loss) for the period | 9904 | €2,690 | €3,194 | +€504 | +18.7% |
| Profit (loss) for the period to be appropriated | 9905 | €2,690 | €3,194 | +€504 | +18.7% |
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 10 October 2026 via checked.be.