FRAM bouw: 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.
FRAM bouw
Largest movements
- Stocks and contracts -€421,486
down €421,486 (-90.6%), from €465,000 to €43,514
- Receivables within one year -€23,439
down €23,439 (-48.2%), from €48,657 to €25,218
of which Trade receivables: -€16,534
- Cash +€18,745
up €18,745 (+155%), from €12,101 to €30,846
mainly Stocks and contracts (+€421,486) and Receivables within one year (+€23,439)
- Tangible fixed assets -€17,637
down €17,637 (-38.9%), from €45,316 to €27,679
of which Furniture and vehicles: -€17,492
- Debts after one year -€411,210
down €411,210 (-95.9%), from €428,684 to €17,475
- Trade debts -€33,581
down €33,581 (-73.8%), from €45,514 to €11,933
- Gross operating margin +€56,390
up €56,390, from -€18,686 to €37,703
- Financial charges -€13,904
down €13,904 (-39.4%), from €35,246 to €21,342
- Depreciation -€10,236
down €10,236 (-36.7%), from €27,873 to €17,637
- Other operating charges -€2,634
down €2,634 (-52.9%), from €4,981 to €2,348
- Financial income +€2,077
up €2,077 (+978%), from €212 to €2,289
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.
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 | €639,638 | €196,337 | -€443,301 | -69.3% |
| Fixed assets | 21/28 | €45,316 | €27,679 | -€17,637 | -38.9% |
| Tangible fixed assets | 22/27 | €45,316 | €27,679 | -€17,637 | -38.9% |
| Plant, machinery and equipment | 23 | €145 | - | -€145 | |
| Furniture and vehicles | 24 | €45,171 | €27,679 | -€17,492 | -38.7% |
| Current assets | 29/58 | €594,322 | €168,659 | -€425,664 | -71.6% |
| Amounts receivable after more than one year | 29 | €66,796 | €66,796 | = | 0.0% |
| Trade receivables | 290 | €66,796 | €66,796 | = | 0.0% |
| Stocks and contracts in progress | 3 | €465,000 | €43,514 | -€421,486 | -90.6% |
| Stocks | 30/36 | €465,000 | €43,514 | -€421,486 | -90.6% |
| Amounts receivable within one year | 40/41 | €48,657 | €25,218 | -€23,439 | -48.2% |
| Trade receivables | 40 | €30,782 | €14,248 | -€16,534 | -53.7% |
| Other amounts receivable | 41 | €17,875 | €10,970 | -€6,905 | -38.6% |
| Cash at bank and in hand | 54/58 | €12,101 | €30,846 | +€18,745 | +155% |
| Deferred charges and accrued income | 490/1 | €1,769 | €2,286 | +€517 | +29.2% |
| Total equity and liabilities | 10/49 | €639,638 | €196,337 | -€443,301 | -69.3% |
| Equity | 10/15 | €149,057 | €147,558 | -€1,499 | -1.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €228,005 | €228,005 | = | 0.0% |
| Distributable reserves | 133 | €228,005 | €228,005 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€97,499 | -€98,997 | -€1,499 | -1.5% |
| Amounts payable | 17/49 | €490,582 | €48,779 | -€441,802 | -90.1% |
| Amounts payable after more than one year | 17 | €428,684 | €17,475 | -€411,210 | -95.9% |
| Financial debts | 170/4 | €428,684 | €17,475 | -€411,210 | -95.9% |
| Amounts payable within one year | 42/48 | €61,897 | €26,696 | -€35,201 | -56.9% |
| Current portion of amounts payable after more than one year | 42 | €16,059 | €11,210 | -€4,850 | -30.2% |
| Financial debts | 43 | €152 | €625 | +€473 | +310% |
| Credit institutions | 430/8 | €152 | €625 | +€473 | +310% |
| Trade debts | 44 | €45,514 | €11,933 | -€33,581 | -73.8% |
| Suppliers | 440/4 | €45,514 | €11,933 | -€33,581 | -73.8% |
| Taxes, remuneration and social security | 45 | €171 | €2,928 | +€2,757 | +1,611% |
| Taxes | 450/3 | €171 | €2,928 | +€2,757 | +1,611% |
| Accrued charges and deferred income | 492/3 | - | €4,609 | +€4,609 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,873 | €17,637 | -€10,236 | -36.7% |
| Other operating charges | 640/8 | €4,981 | €2,348 | -€2,634 | -52.9% |
| Gross operating margin | 9900 | -€18,686 | €37,703 | +€56,390 | |
| Operating profit (loss) | 9901 | -€51,541 | €17,718 | +€69,259 | |
| Financial income | 75/76B | €212 | €2,289 | +€2,077 | +978% |
| Recurring financial income | 75 | €212 | €2,289 | +€2,077 | +978% |
| Financial charges | 65/66B | €35,246 | €21,342 | -€13,904 | -39.4% |
| Recurring financial charges | 65 | €35,246 | €21,342 | -€13,904 | -39.4% |
| Profit (loss) for the period before taxes | 9903 | -€86,575 | -€1,335 | +€85,240 | +98.5% |
| Income taxes | 67/77 | €171 | €164 | -€7 | -4.2% |
| Profit (loss) for the period | 9904 | -€86,746 | -€1,499 | +€85,247 | +98.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€86,746 | -€1,499 | +€85,247 | +98.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.