Fraktion: 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.
Fraktion
Largest movements
- Receivables within one year -€103,102
down €103,102 (-35.4%), from €291,182 to €188,080
of which Other amounts receivable: -€152,141
- Cash -€9,581
down €9,581 (-87.7%), from €10,924 to €1,344
mainly Trade debts (-€96,581) and Tax, wage and social debts (-€9,951)
- Trade debts -€96,581
down €96,581 (-49.2%), from €196,236 to €99,655
- Tax, wage and social debts -€9,951
down €9,951 (-92.8%), from €10,718 to €766
- Profit (loss) carried forward -€7,747
down €7,747 (-8.2%), from €94,548 to €86,801
- Gross operating margin +€67,189
up €67,189 (+97.7%), from -€68,764 to -€1,576
- Taxes -€2,219
down €2,219 (-88.5%), from €2,508 to €289
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 | €308,855 | €194,254 | -€114,601 | -37.1% |
| Fixed assets | 21/28 | €6,516 | €4,830 | -€1,686 | -25.9% |
| Tangible fixed assets | 22/27 | €6,476 | €4,790 | -€1,686 | -26.0% |
| Plant, machinery and equipment | 23 | €343 | €195 | -€148 | -43.1% |
| Furniture and vehicles | 24 | €4,291 | €2,951 | -€1,340 | -31.2% |
| Other tangible fixed assets | 26 | €1,841 | €1,643 | -€197 | -10.7% |
| Financial fixed assets | 28 | €40 | €40 | = | 0.0% |
| Current assets | 29/58 | €302,339 | €189,424 | -€112,915 | -37.3% |
| Amounts receivable within one year | 40/41 | €291,182 | €188,080 | -€103,102 | -35.4% |
| Trade receivables | 40 | €31,000 | €80,039 | +€49,039 | +158.2% |
| Other amounts receivable | 41 | €260,182 | €108,041 | -€152,141 | -58.5% |
| Cash at bank and in hand | 54/58 | €10,924 | €1,344 | -€9,581 | -87.7% |
| Deferred charges and accrued income | 490/1 | €233 | €0 | -€233 | -100.0% |
| Total equity and liabilities | 10/49 | €308,855 | €194,254 | -€114,601 | -37.1% |
| Equity | 10/15 | €95,548 | €87,801 | -€7,747 | -8.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €94,548 | €86,801 | -€7,747 | -8.2% |
| Amounts payable | 17/49 | €213,306 | €106,453 | -€106,854 | -50.1% |
| Amounts payable within one year | 42/48 | €211,556 | €103,024 | -€108,532 | -51.3% |
| Trade debts | 44 | €196,236 | €99,655 | -€96,581 | -49.2% |
| Suppliers | 440/4 | €196,236 | €99,655 | -€96,581 | -49.2% |
| Taxes, remuneration and social security | 45 | €10,718 | €766 | -€9,951 | -92.8% |
| Taxes | 450/3 | €10,718 | €766 | -€9,951 | -92.8% |
| Other amounts payable | 47/48 | €4,603 | €2,603 | -€2,000 | -43.5% |
| Accrued charges and deferred income | 492/3 | €1,750 | €3,428 | +€1,678 | +95.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,560 | €1,686 | +€126 | +8.0% |
| Other operating charges | 640/8 | €490 | €400 | -€90 | -18.4% |
| Gross operating margin | 9900 | -€68,764 | -€1,576 | +€67,189 | +97.7% |
| Operating profit (loss) | 9901 | -€70,814 | -€3,661 | +€67,153 | +94.8% |
| Financial income | 75/76B | €0 | €412 | +€411 | +205710.0% |
| Recurring financial income | 75 | €0 | €412 | +€411 | +205710.0% |
| Financial charges | 65/66B | €3,532 | €4,209 | +€676 | +19.1% |
| Recurring financial charges | 65 | €3,532 | €4,209 | +€676 | +19.1% |
| Profit (loss) for the period before taxes | 9903 | -€74,347 | -€7,458 | +€66,888 | +90.0% |
| Income taxes | 67/77 | €2,508 | €289 | -€2,219 | -88.5% |
| Profit (loss) for the period | 9904 | -€76,855 | -€7,747 | +€69,108 | +89.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€76,855 | -€7,747 | +€69,108 | +89.9% |
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 8 October 2026 via checked.be.