FRAKTL: 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.
FRAKTL
Largest movements
- Current investments +€16,682
up €16,682 (+16.3%), from €102,466 to €119,148
- Cash -€15,515
down €15,515 (-61.4%), from €25,272 to €9,757
mainly Contributions, distributions and other (-€40,800) and Current investments (-€16,682)
- Tangible fixed assets -€8,313
down €8,313 (-62.3%), from €13,339 to €5,026
of which Furniture and vehicles: -€8,280
- Receivables within one year -€4,294
down €4,294 (-58.7%), from €7,310 to €3,016
of which Other amounts receivable: -€3,251
- Reserves -€40,800
down €40,800 (-35.3%), from €115,652 to €74,852
- Other debts +€33,667
up €33,667 (+142.4%), from €23,640 to €57,307
- Profit (loss) carried forward -€2,896
down €2,896, from €122 to -€2,775
- Gross operating margin -€19,067
down €19,067 (-70.1%), from €27,219 to €8,152
- Taxes -€6,306
down €6,306 (-99.4%), from €6,342 to €36
- Depreciation +€1,787
up €1,787 (+24.6%), from €7,270 to €9,056
- Financial charges +€1,370
up €1,370 (+134.9%), from €1,016 to €2,385
- Financial income +€555
up €555 (+202.5%), from €274 to €829
of which Financial income: +€487
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 | €148,879 | €136,946 | -€11,933 | -8.0% |
| Fixed assets | 21/28 | €13,339 | €5,026 | -€8,313 | -62.3% |
| Tangible fixed assets | 22/27 | €13,339 | €5,026 | -€8,313 | -62.3% |
| Furniture and vehicles | 24 | €13,306 | €5,026 | -€8,280 | -62.2% |
| Other tangible fixed assets | 26 | €33 | - | -€33 | |
| Current assets | 29/58 | €135,540 | €131,920 | -€3,619 | -2.7% |
| Amounts receivable within one year | 40/41 | €7,310 | €3,016 | -€4,294 | -58.7% |
| Trade receivables | 40 | €2,901 | €1,857 | -€1,044 | -36.0% |
| Other amounts receivable | 41 | €4,409 | €1,158 | -€3,251 | -73.7% |
| Current investments | 50/53 | €102,466 | €119,148 | +€16,682 | +16.3% |
| Cash at bank and in hand | 54/58 | €25,272 | €9,757 | -€15,515 | -61.4% |
| Deferred charges and accrued income | 490/1 | €492 | - | -€492 | |
| Total equity and liabilities | 10/49 | €148,879 | €136,946 | -€11,933 | -8.0% |
| Equity | 10/15 | €121,973 | €78,277 | -€43,696 | -35.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €115,652 | €74,852 | -€40,800 | -35.3% |
| Distributable reserves | 133 | €115,652 | €74,852 | -€40,800 | -35.3% |
| Profit (loss) carried forward | 14 | €122 | -€2,775 | -€2,896 | |
| Amounts payable | 17/49 | €26,906 | €58,669 | +€31,763 | +118.1% |
| Amounts payable within one year | 42/48 | €26,906 | €58,669 | +€31,763 | +118.1% |
| Trade debts | 44 | €859 | €26 | -€834 | -97.0% |
| Suppliers | 440/4 | €859 | €26 | -€834 | -97.0% |
| Taxes, remuneration and social security | 45 | €2,406 | €1,337 | -€1,070 | -44.5% |
| Taxes | 450/3 | €2,406 | €1,337 | -€1,070 | -44.5% |
| Other amounts payable | 47/48 | €23,640 | €57,307 | +€33,667 | +142.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,270 | €9,056 | +€1,787 | +24.6% |
| Other operating charges | 640/8 | €504 | €400 | -€105 | -20.8% |
| Gross operating margin | 9900 | €27,219 | €8,152 | -€19,067 | -70.1% |
| Operating profit (loss) | 9901 | €19,445 | -€1,304 | -€20,749 | |
| Financial income | 75/76B | €274 | €829 | +€555 | +202.5% |
| Recurring financial income | 75 | €274 | €761 | +€487 | +177.6% |
| Non-recurring financial income | 76B | - | €68 | +€68 | |
| Financial charges | 65/66B | €1,016 | €2,385 | +€1,370 | +134.9% |
| Recurring financial charges | 65 | €1,016 | €2,385 | +€1,370 | +134.9% |
| Profit (loss) for the period before taxes | 9903 | €18,703 | -€2,861 | -€21,564 | |
| Income taxes | 67/77 | €6,342 | €36 | -€6,306 | -99.4% |
| Profit (loss) for the period | 9904 | €12,362 | -€2,896 | -€15,258 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,362 | -€2,896 | -€15,258 |
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 3 October 2026 via checked.be.