Frakke: what changed
Two fiscal 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.
Frakke
Largest movements
- Cash +€23,301
up €23,301 (+23.4%), from €99,570 to €122,871
mainly Depreciation (+€15,891) and Net result for the year (+€14,173)
- Deferred charges and accrued income -€4,014
down €4,014 (-21.8%), from €18,456 to €14,442
- Tangible fixed assets -€3,057
down €3,057 (-5.5%), from €55,640 to €52,583
of which Furniture and vehicles: -€13,792
- Reserves +€14,173
up €14,173 (+18.7%), from €75,600 to €89,773
of which Distributable reserves: +€14,173
- Tax, wage and social debts +€6,404
up €6,404 (+35.8%), from €17,875 to €24,279
- Other debts -€3,068
down €3,068 (-4.0%), from €75,916 to €72,847
- Taxes +€1,884
up €1,884 (+38.2%), from €4,934 to €6,818
- Gross operating margin -€1,503
down €1,503 (-3.4%), from €44,578 to €43,075
- Financial charges -€938
down €938 (-10.8%), from €8,684 to €7,746
- Staff costs -€749
down €749 (-100.0%), from €749 to €0
- Depreciation +€700
up €700 (+4.6%), from €15,191 to €15,891
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 | €248,468 | €263,775 | +€15,306 | +6.2% |
| Fixed assets | 21/28 | €55,890 | €52,833 | -€3,057 | -5.5% |
| Tangible fixed assets | 22/27 | €55,640 | €52,583 | -€3,057 | -5.5% |
| Land and buildings | 22 | €11,144 | €9,735 | -€1,409 | -12.6% |
| Plant, machinery and equipment | 23 | €275 | €12,419 | +€12,144 | +4412.0% |
| Furniture and vehicles | 24 | €44,220 | €30,428 | -€13,792 | -31.2% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €192,578 | €210,942 | +€18,364 | +9.5% |
| Stocks and contracts in progress | 3 | €42,369 | €42,977 | +€608 | +1.4% |
| Stocks | 30/36 | €42,369 | €42,977 | +€608 | +1.4% |
| Amounts receivable within one year | 40/41 | €32,183 | €30,653 | -€1,530 | -4.8% |
| Trade receivables | 40 | €30,478 | €25,665 | -€4,812 | -15.8% |
| Other amounts receivable | 41 | €1,706 | €4,988 | +€3,282 | +192.4% |
| Cash at bank and in hand | 54/58 | €99,570 | €122,871 | +€23,301 | +23.4% |
| Deferred charges and accrued income | 490/1 | €18,456 | €14,442 | -€4,014 | -21.8% |
| Total equity and liabilities | 10/49 | €248,468 | €263,775 | +€15,306 | +6.2% |
| Equity | 10/15 | €150,389 | €164,562 | +€14,173 | +9.4% |
| Contributions | 10/11 | €74,789 | €74,789 | = | 0.0% |
| Reserves | 13 | €75,600 | €89,773 | +€14,173 | +18.7% |
| Non-distributable reserves | 130/1 | €7,479 | €7,479 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,479 | €7,479 | = | 0.0% |
| Distributable reserves | 133 | €68,121 | €82,294 | +€14,173 | +20.8% |
| Amounts payable | 17/49 | €98,079 | €99,213 | +€1,133 | +1.2% |
| Amounts payable within one year | 42/48 | €98,079 | €99,213 | +€1,133 | +1.2% |
| Trade debts | 44 | €4,289 | €2,087 | -€2,202 | -51.3% |
| Suppliers | 440/4 | €4,289 | €2,087 | -€2,202 | -51.3% |
| Taxes, remuneration and social security | 45 | €17,875 | €24,279 | +€6,404 | +35.8% |
| Taxes | 450/3 | €17,875 | €24,279 | +€6,404 | +35.8% |
| Other amounts payable | 47/48 | €75,916 | €72,847 | -€3,068 | -4.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €749 | €0 | -€749 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,191 | €15,891 | +€700 | +4.6% |
| Other operating charges | 640/8 | €1,069 | €400 | -€669 | -62.6% |
| Gross operating margin | 9900 | €44,578 | €43,075 | -€1,503 | -3.4% |
| Operating profit (loss) | 9901 | €27,569 | €26,784 | -€785 | -2.8% |
| Financial income | 75/76B | €1,917 | €1,954 | +€37 | +1.9% |
| Recurring financial income | 75 | €1,917 | €1,954 | +€37 | +1.9% |
| Financial charges | 65/66B | €8,684 | €7,746 | -€938 | -10.8% |
| Recurring financial charges | 65 | €8,684 | €7,746 | -€938 | -10.8% |
| Profit (loss) for the period before taxes | 9903 | €20,802 | €20,992 | +€190 | +0.9% |
| Income taxes | 67/77 | €4,934 | €6,818 | +€1,884 | +38.2% |
| Profit (loss) for the period | 9904 | €15,868 | €14,173 | -€1,694 | -10.7% |
| Profit (loss) for the period to be appropriated | 9905 | €15,868 | €14,173 | -€1,694 | -10.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.