FRAKUR: 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.
FRAKUR
Largest movements
- Tangible fixed assets -€8,856
down €8,856 (-9.0%), from €98,551 to €89,695
- Cash -€3,281
down €3,281 (-11.7%), from €27,978 to €24,697
mainly Contributions, distributions and other (-€31,429) and Accrued charges and deferred income (-€2,000)
- Profit (loss) carried forward -€19,133
down €19,133 (-34.3%), from €55,812 to €36,679
- Tax, wage and social debts +€8,995
up €8,995 (+551%), from €1,633 to €10,629
- Accrued charges and deferred income -€2,000
no longer reported in 2025 (was €2,000)
- Other operating charges -€5,332
no longer reported in 2025 (was €5,332)
- Gross operating margin -€3,809
down €3,809 (-15.3%), from €24,884 to €21,075
- Taxes -€2,235
no longer reported in 2025 (was €2,235)
- Depreciation +€624
up €624 (+7.6%), from €8,232 to €8,856
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 | €128,294 | €116,157 | -€12,137 | -9.5% |
| Fixed assets | 21/28 | €98,551 | €89,695 | -€8,856 | -9.0% |
| Tangible fixed assets | 22/27 | €98,551 | €89,695 | -€8,856 | -9.0% |
| Land and buildings | 22 | €98,551 | €89,695 | -€8,856 | -9.0% |
| Current assets | 29/58 | €29,743 | €26,462 | -€3,281 | -11.0% |
| Amounts receivable within one year | 40/41 | €1,765 | €1,765 | = | 0.0% |
| Other amounts receivable | 41 | €1,765 | €1,765 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €27,978 | €24,697 | -€3,281 | -11.7% |
| Total equity and liabilities | 10/49 | €128,294 | €116,157 | -€12,137 | -9.5% |
| Equity | 10/15 | €123,983 | €104,850 | -€19,133 | -15.4% |
| 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 | €6,197 | €6,197 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | €55,812 | €36,679 | -€19,133 | -34.3% |
| Amounts payable | 17/49 | €4,312 | €11,307 | +€6,995 | +162% |
| Amounts payable within one year | 42/48 | €2,312 | €11,307 | +€8,995 | +389% |
| Taxes, remuneration and social security | 45 | €1,633 | €10,629 | +€8,995 | +551% |
| Taxes | 450/3 | €1,633 | €10,629 | +€8,995 | +551% |
| Other amounts payable | 47/48 | €678 | €678 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €2,000 | - | -€2,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,232 | €8,856 | +€624 | +7.6% |
| Other operating charges | 640/8 | €5,332 | - | -€5,332 | |
| Gross operating margin | 9900 | €24,884 | €21,075 | -€3,809 | -15.3% |
| Operating profit (loss) | 9901 | €11,320 | €12,219 | +€899 | +7.9% |
| Financial income | 75/76B | €64 | €213 | +€149 | +235% |
| Recurring financial income | 75 | €64 | €213 | +€149 | +235% |
| Financial charges | 65/66B | €72 | €136 | +€64 | +87.9% |
| Recurring financial charges | 65 | €72 | €136 | +€64 | +87.9% |
| Profit (loss) for the period before taxes | 9903 | €11,311 | €12,296 | +€985 | +8.7% |
| Income taxes | 67/77 | €2,235 | - | -€2,235 | |
| Profit (loss) for the period | 9904 | €9,076 | €12,296 | +€3,220 | +35.5% |
| Profit (loss) for the period to be appropriated | 9905 | €9,076 | €12,296 | +€3,220 | +35.5% |
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 17 October 2026 via checked.be.