FRAMAG: 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.
FRAMAG
Largest movements
- Tangible fixed assets -€3,856
down €3,856 (-5.1%), from €75,774 to €71,919
- Tax, wage and social debts -€3,975
down €3,975 (-78.3%), from €5,076 to €1,101
- Gross operating margin -€2,175
down €2,175 (-24.6%), from €8,846 to €6,671
- Taxes -€242
down €242 (-34.5%), from €701 to €459
- Depreciation +€109
up €109 (+2.9%), from €3,746 to €3,856
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €77,105 | €73,352 | -€3,753 | -4.9% |
| Fixed assets | 21/28 | €75,774 | €71,919 | -€3,856 | -5.1% |
| Tangible fixed assets | 22/27 | €75,774 | €71,919 | -€3,856 | -5.1% |
| Land and buildings | 22 | €75,774 | €71,919 | -€3,856 | -5.1% |
| Current assets | 29/58 | €1,330 | €1,433 | +€103 | +7.7% |
| Cash at bank and in hand | 54/58 | €230 | €228 | -€2 | -1.0% |
| Deferred charges and accrued income | 490/1 | €1,100 | €1,205 | +€105 | +9.5% |
| Total equity and liabilities | 10/49 | €77,105 | €73,352 | -€3,753 | -4.9% |
| Equity | 10/15 | €51,445 | €51,478 | +€33 | +0.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €30,360 | €30,360 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €28,500 | €28,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,485 | €2,518 | +€33 | +1.3% |
| Amounts payable | 17/49 | €25,660 | €21,874 | -€3,786 | -14.8% |
| Amounts payable within one year | 42/48 | €25,275 | €21,874 | -€3,401 | -13.5% |
| Trade debts | 44 | €1,280 | €1,360 | +€80 | +6.3% |
| Suppliers | 440/4 | €1,280 | €1,360 | +€80 | +6.3% |
| Taxes, remuneration and social security | 45 | €5,076 | €1,101 | -€3,975 | -78.3% |
| Taxes | 450/3 | €5,076 | €1,101 | -€3,975 | -78.3% |
| Other amounts payable | 47/48 | €18,919 | €19,413 | +€494 | +2.6% |
| Accrued charges and deferred income | 492/3 | €384 | - | -€384 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,746 | €3,856 | +€109 | +2.9% |
| Other operating charges | 640/8 | €2,197 | €2,280 | +€82 | +3.8% |
| Gross operating margin | 9900 | €8,846 | €6,671 | -€2,175 | -24.6% |
| Operating profit (loss) | 9901 | €2,902 | €535 | -€2,367 | -81.6% |
| Financial charges | 65/66B | €115 | €44 | -€72 | -62.2% |
| Recurring financial charges | 65 | €115 | €44 | -€72 | -62.2% |
| Profit (loss) for the period before taxes | 9903 | €2,787 | €492 | -€2,295 | -82.4% |
| Income taxes | 67/77 | €701 | €459 | -€242 | -34.5% |
| Profit (loss) for the period | 9904 | €2,086 | €33 | -€2,053 | -98.4% |
| Profit (loss) for the period to be appropriated | 9905 | €2,086 | €33 | -€2,053 | -98.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.