FRALINE: 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.
FRALINE
Largest movements
- Cash +€11,185
up €11,185 (+62.0%), from €18,030 to €29,216
mainly Depreciation (+€13,199) and Trade debts (+€10,441)
- Tangible fixed assets -€10,199
down €10,199 (-5.6%), from €181,261 to €171,062
of which Land and buildings: -€12,847
- Receivables within one year -€3,717
down €3,717 (-34.2%), from €10,855 to €7,138
of which Trade receivables: -€6,492
- Trade debts +€10,441
up €10,441 (+2,226%), from €469 to €10,910
- Debts after one year -€9,578
down €9,578 (-6.2%), from €155,270 to €145,692
- Accrued charges and deferred income -€4,792
no longer reported in 2025 (was €4,792)
- Other debts -€2,566
no longer reported in 2025 (was €2,566)
- Short-term financial debts +€2,411
up €2,411 (+52.5%), from €4,589 to €7,000
- Gross operating margin -€8,877
down €8,877 (-15.0%), from €59,270 to €50,394
- Staff costs -€5,155
down €5,155 (-22.4%), from €23,044 to €17,889
- Taxes -€775
down €775 (-22.6%), from €3,431 to €2,656
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 | €220,707 | €216,932 | -€3,774 | -1.7% |
| Fixed assets | 21/28 | €181,261 | €171,062 | -€10,199 | -5.6% |
| Tangible fixed assets | 22/27 | €181,261 | €171,062 | -€10,199 | -5.6% |
| Land and buildings | 22 | €180,470 | €167,623 | -€12,847 | -7.1% |
| Plant, machinery and equipment | 23 | €790 | €3,439 | +€2,648 | +335% |
| Current assets | 29/58 | €39,446 | €45,871 | +€6,425 | +16.3% |
| Stocks and contracts in progress | 3 | €9,637 | €9,517 | -€120 | -1.2% |
| Stocks | 30/36 | €9,637 | €9,517 | -€120 | -1.2% |
| Amounts receivable within one year | 40/41 | €10,855 | €7,138 | -€3,717 | -34.2% |
| Trade receivables | 40 | €9,286 | €2,794 | -€6,492 | -69.9% |
| Other amounts receivable | 41 | €1,569 | €4,344 | +€2,775 | +177% |
| Cash at bank and in hand | 54/58 | €18,030 | €29,216 | +€11,185 | +62.0% |
| Deferred charges and accrued income | 490/1 | €924 | - | -€924 | |
| Total equity and liabilities | 10/49 | €220,707 | €216,932 | -€3,774 | -1.7% |
| Equity | 10/15 | €38,513 | €37,295 | -€1,218 | -3.2% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €18,053 | €16,835 | -€1,218 | -6.7% |
| Distributable reserves | 133 | €18,053 | €16,835 | -€1,218 | -6.7% |
| Amounts payable | 17/49 | €182,193 | €179,637 | -€2,556 | -1.4% |
| Amounts payable after more than one year | 17 | €155,270 | €145,692 | -€9,578 | -6.2% |
| Financial debts | 170/4 | €155,270 | €145,692 | -€9,578 | -6.2% |
| Amounts payable within one year | 42/48 | €22,132 | €33,946 | +€11,814 | +53.4% |
| Current portion of amounts payable after more than one year | 42 | €9,168 | €9,581 | +€413 | +4.5% |
| Financial debts | 43 | €4,589 | €7,000 | +€2,411 | +52.5% |
| Credit institutions | 430/8 | €4,589 | €7,000 | +€2,411 | +52.5% |
| Trade debts | 44 | €469 | €10,910 | +€10,441 | +2,226% |
| Suppliers | 440/4 | €469 | €10,910 | +€10,441 | +2,226% |
| Taxes, remuneration and social security | 45 | €5,339 | €6,455 | +€1,116 | +20.9% |
| Taxes | 450/3 | €2,500 | €2,584 | +€84 | +3.4% |
| Remuneration and social security | 454/9 | €2,839 | €3,870 | +€1,031 | +36.3% |
| Other amounts payable | 47/48 | €2,566 | - | -€2,566 | |
| Accrued charges and deferred income | 492/3 | €4,792 | - | -€4,792 | |
| Remuneration, social security and pensions | 62 | €23,044 | €17,889 | -€5,155 | -22.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,131 | €13,199 | +€68 | +0.5% |
| Other operating charges | 640/8 | €2,070 | €1,634 | -€437 | -21.1% |
| Non-recurring operating charges | 66A | - | €3,703 | +€3,703 | |
| Gross operating margin | 9900 | €59,270 | €50,394 | -€8,877 | -15.0% |
| Operating profit (loss) | 9901 | €21,025 | €13,968 | -€7,056 | -33.6% |
| Financial income | 75/76B | €34 | - | -€34 | |
| Recurring financial income | 75 | €34 | - | -€34 | |
| Financial charges | 65/66B | €8,881 | €8,546 | -€335 | -3.8% |
| Recurring financial charges | 65 | €8,881 | €8,546 | -€335 | -3.8% |
| Profit (loss) for the period before taxes | 9903 | €12,178 | €5,423 | -€6,755 | -55.5% |
| Income taxes | 67/77 | €3,431 | €2,656 | -€775 | -22.6% |
| Profit (loss) for the period | 9904 | €8,747 | €2,766 | -€5,981 | -68.4% |
| Profit (loss) for the period to be appropriated | 9905 | €8,747 | €2,766 | -€5,981 | -68.4% |
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 13 October 2026 via checked.be.