FRALIN: 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.
FRALIN
Largest movements
- Tangible fixed assets -€10,797
down €10,797 (-30.1%), from €35,862 to €25,064
of which Furniture and vehicles: -€9,448
- Cash -€9,127
down €9,127 (-13.3%), from €68,554 to €59,427
mainly Net result for the year (-€11,249) and Debts after one year (-€6,699)
- Receivables within one year +€2,923
up €2,923 (+330.5%), from €884 to €3,807
of which Trade receivables: +€1,725
- Profit (loss) carried forward -€11,249
down €11,249 (-20.9%), from €53,873 to €42,623
- Debts after one year -€6,699
down €6,699 (-35.1%), from €19,103 to €12,404
- Trade debts +€2,113
up €2,113 (+38.0%), from €5,558 to €7,671
- Gross operating margin -€11,215
down €11,215 (-29.4%), from €38,122 to €26,907
- Staff costs -€4,453
down €4,453 (-20.3%), from €21,975 to €17,522
- Other operating charges +€674
up €674 (+14.8%), from €4,542 to €5,216
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 | €114,466 | €97,453 | -€17,013 | -14.9% |
| Fixed assets | 21/28 | €39,227 | €28,429 | -€10,797 | -27.5% |
| Tangible fixed assets | 22/27 | €35,862 | €25,064 | -€10,797 | -30.1% |
| Furniture and vehicles | 24 | €30,623 | €21,174 | -€9,448 | -30.9% |
| Other tangible fixed assets | 26 | €5,239 | €3,890 | -€1,349 | -25.8% |
| Financial fixed assets | 28 | €3,365 | €3,365 | = | 0.0% |
| Current assets | 29/58 | €75,239 | €69,024 | -€6,215 | -8.3% |
| Amounts receivable after more than one year | 29 | €3,100 | €3,100 | = | 0.0% |
| Trade receivables | 290 | €3,100 | €3,100 | = | 0.0% |
| Stocks and contracts in progress | 3 | €1,050 | €1,027 | -€22 | -2.1% |
| Stocks | 30/36 | €1,050 | €1,027 | -€22 | -2.1% |
| Amounts receivable within one year | 40/41 | €884 | €3,807 | +€2,923 | +330.5% |
| Trade receivables | 40 | €314 | €2,039 | +€1,725 | +550.3% |
| Other amounts receivable | 41 | €571 | €1,768 | +€1,197 | +209.7% |
| Cash at bank and in hand | 54/58 | €68,554 | €59,427 | -€9,127 | -13.3% |
| Deferred charges and accrued income | 490/1 | €1,651 | €1,662 | +€11 | +0.7% |
| Total equity and liabilities | 10/49 | €114,466 | €97,453 | -€17,013 | -14.9% |
| Equity | 10/15 | €74,333 | €63,083 | -€11,249 | -15.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €53,873 | €42,623 | -€11,249 | -20.9% |
| Amounts payable | 17/49 | €40,133 | €34,369 | -€5,763 | -14.4% |
| Amounts payable after more than one year | 17 | €19,103 | €12,404 | -€6,699 | -35.1% |
| Financial debts | 170/4 | €19,103 | €12,404 | -€6,699 | -35.1% |
| Amounts payable within one year | 42/48 | €21,029 | €21,965 | +€935 | +4.4% |
| Current portion of amounts payable after more than one year | 42 | €6,430 | €6,699 | +€269 | +4.2% |
| Trade debts | 44 | €5,558 | €7,671 | +€2,113 | +38.0% |
| Suppliers | 440/4 | €5,558 | €7,671 | +€2,113 | +38.0% |
| Taxes, remuneration and social security | 45 | €4,884 | €3,919 | -€965 | -19.8% |
| Taxes | 450/3 | €2,440 | €2,113 | -€328 | -13.4% |
| Remuneration and social security | 454/9 | €2,444 | €1,807 | -€637 | -26.1% |
| Other amounts payable | 47/48 | €4,158 | €3,676 | -€481 | -11.6% |
| Remuneration, social security and pensions | 62 | €21,975 | €17,522 | -€4,453 | -20.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,797 | €10,797 | = | 0.0% |
| Other operating charges | 640/8 | €4,542 | €5,216 | +€674 | +14.8% |
| Gross operating margin | 9900 | €38,122 | €26,907 | -€11,215 | -29.4% |
| Operating profit (loss) | 9901 | €808 | -€6,628 | -€7,436 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €4,625 | €4,454 | -€172 | -3.7% |
| Recurring financial charges | 65 | €4,625 | €4,454 | -€172 | -3.7% |
| Profit (loss) for the period before taxes | 9903 | -€3,818 | -€11,082 | -€7,264 | -190.3% |
| Income taxes | 67/77 | €179 | €168 | -€11 | -6.3% |
| Profit (loss) for the period | 9904 | -€3,997 | -€11,249 | -€7,253 | -181.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,997 | -€11,249 | -€7,253 | -181.5% |
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 29 September 2026 via checked.be.