FRAMALUX: what changed
FRAMALUX
Largest movements
- Tangible fixed assets -€39,466
down €39,466 (-24.7%), from €159,523 to €120,057
of which Furniture and vehicles: -€22,274
- Receivables within one year +€11,726
up €11,726 (+55.1%), from €21,300 to €33,026
of which Trade receivables: +€6,779
- Deferred charges and accrued income +€4,567
up €4,567 (+212%), from €2,156 to €6,723
- Cash +€3,984
up €3,984 (+40.6%), from €9,810 to €13,794
mainly Depreciation (+€44,510) and Net result for the year (+€5,055)
- Stocks and contracts -€3,630
down €3,630 (-3.3%), from €110,374 to €106,744
- Debts after one year -€12,000
down €12,000 (-100%), from €12,000 to €0
of which Financial debts: -€12,000
- Other debts -€7,438
down €7,438 (-33.8%), from €22,009 to €14,571
- Current portion of long-term debt -€6,000
down €6,000 (-33.3%), from €18,000 to €12,000
- Reserves +€5,055
up €5,055 (+2.9%), from €172,186 to €177,241
of which Distributable reserves: +€5,055
- Staff costs -€12,000
down €12,000 (-100%), from €12,000 to €0
- Taxes +€8,804
up €8,804, from -€6,783 to €2,021
- Depreciation +€3,182
up €3,182 (+7.7%), from €41,328 to €44,510
- Financial charges -€749
down €749 (-35.8%), from €2,092 to €1,343
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €307,245 | €284,427 | -€22,818 | -7.4% |
| Fixed assets | 21/28 | €163,607 | €124,140 | -€39,466 | -24.1% |
| Tangible fixed assets | 22/27 | €159,523 | €120,057 | -€39,466 | -24.7% |
| Land and buildings | 22 | €99,654 | €83,974 | -€15,680 | -15.7% |
| Plant, machinery and equipment | 23 | €3,563 | €2,051 | -€1,512 | -42.4% |
| Furniture and vehicles | 24 | €56,306 | €34,032 | -€22,274 | -39.6% |
| Financial fixed assets | 28 | €4,083 | €4,083 | = | 0.0% |
| Current assets | 29/58 | €143,639 | €160,287 | +€16,648 | +11.6% |
| Stocks and contracts in progress | 3 | €110,374 | €106,744 | -€3,630 | -3.3% |
| Stocks | 30/36 | €110,374 | €106,744 | -€3,630 | -3.3% |
| Amounts receivable within one year | 40/41 | €21,300 | €33,026 | +€11,726 | +55.1% |
| Trade receivables | 40 | €12,432 | €19,211 | +€6,779 | +54.5% |
| Other amounts receivable | 41 | €8,867 | €13,815 | +€4,948 | +55.8% |
| Cash at bank and in hand | 54/58 | €9,810 | €13,794 | +€3,984 | +40.6% |
| Deferred charges and accrued income | 490/1 | €2,156 | €6,723 | +€4,567 | +212% |
| Total equity and liabilities | 10/49 | €307,245 | €284,427 | -€22,818 | -7.4% |
| Equity | 10/15 | €246,186 | €251,241 | +€5,055 | +2.1% |
| Contributions | 10/11 | €74,000 | €74,000 | = | 0.0% |
| Capital | 10 | €74,000 | €74,000 | = | 0.0% |
| Issued capital | 100 | €74,000 | €74,000 | = | 0.0% |
| Reserves | 13 | €172,186 | €177,241 | +€5,055 | +2.9% |
| Non-distributable reserves | 130/1 | €7,400 | €7,400 | = | 0.0% |
| Legal reserve | 130 | €7,400 | €7,400 | = | 0.0% |
| Distributable reserves | 133 | €164,786 | €169,841 | +€5,055 | +3.1% |
| Amounts payable | 17/49 | €61,060 | €33,186 | -€27,873 | -45.6% |
| Amounts payable after more than one year | 17 | €12,000 | €0 | -€12,000 | -100% |
| Financial debts | 170/4 | €12,000 | €0 | -€12,000 | -100% |
| Trade debts | 175 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €49,060 | €33,165 | -€15,895 | -32.4% |
| Current portion of amounts payable after more than one year | 42 | €18,000 | €12,000 | -€6,000 | -33.3% |
| Financial debts | 43 | €2,438 | €623 | -€1,815 | -74.5% |
| Other loans | 439 | €2,438 | €623 | -€1,815 | -74.5% |
| Trade debts | 44 | €6,151 | €4,752 | -€1,399 | -22.7% |
| Suppliers | 440/4 | €6,151 | €4,752 | -€1,399 | -22.7% |
| Taxes, remuneration and social security | 45 | €462 | €1,219 | +€757 | +164% |
| Taxes | 450/3 | €462 | €1,219 | +€757 | +164% |
| Other amounts payable | 47/48 | €22,009 | €14,571 | -€7,438 | -33.8% |
| Accrued charges and deferred income | 492/3 | - | €21 | +€21 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €12,000 | €0 | -€12,000 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,328 | €44,510 | +€3,182 | +7.7% |
| Other operating charges | 640/8 | €13,441 | €13,811 | +€371 | +2.8% |
| Non-recurring operating charges | 66A | - | €256 | +€256 | |
| Gross operating margin | 9900 | €65,922 | €65,428 | -€494 | -0.7% |
| Operating profit (loss) | 9901 | -€847 | €6,851 | +€7,697 | |
| Financial income | 75/76B | €2,095 | €1,568 | -€527 | -25.2% |
| Recurring financial income | 75 | €2,095 | €1,568 | -€527 | -25.2% |
| Financial charges | 65/66B | €2,092 | €1,343 | -€749 | -35.8% |
| Recurring financial charges | 65 | €2,092 | €1,343 | -€749 | -35.8% |
| Profit (loss) for the period before taxes | 9903 | -€843 | €7,076 | +€7,919 | |
| Income taxes | 67/77 | -€6,783 | €2,021 | +€8,804 | |
| Profit (loss) for the period | 9904 | €5,940 | €5,055 | -€884 | -14.9% |
| Profit (loss) for the period to be appropriated | 9905 | €5,940 | €5,055 | -€884 | -14.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.