FRAMANNEKE: 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.
FRAMANNEKE
Largest movements
- Cash -€3,219
down €3,219 (-14.2%), from €22,612 to €19,393
mainly Current portion of long-term debt (-€8,100) and Debts after one year (-€5,929)
- Receivables within one year +€2,042
up €2,042 (+23.2%), from €8,796 to €10,838
of which Trade receivables: +€2,259
- Stocks and contracts -€872
down €872 (-14.1%), from €6,176 to €5,304
- Other debts +€9,672
up €9,672 (+475%), from €2,035 to €11,706
- Current portion of long-term debt -€8,100
down €8,100 (-57.7%), from €14,029 to €5,929
- Debts after one year -€5,929
no longer reported in 2025 (was €5,929)
- Short-term financial debts +€1,346
new in 2025: €1,346
- Tax, wage and social debts +€1,176
new in 2025: €1,176
- Gross operating margin -€7,552
down €7,552 (-78.0%), from €9,678 to €2,126
- Purchases and services +€1,261
up €1,261 (+3.8%), from €33,202 to €34,463
- Financial charges -€202
down €202 (-30.4%), from €662 to €460
- Depreciation +€200
up €200 (+44.2%), from €453 to €653
- Other operating charges +€123
up €123 (+39.3%), from €314 to €438
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 | €42,353 | €40,496 | -€1,857 | -4.4% |
| Fixed assets | 21/28 | €4,660 | €4,960 | +€300 | +6.4% |
| Tangible fixed assets | 22/27 | €1,060 | €1,360 | +€300 | +28.3% |
| Plant, machinery and equipment | 23 | €75 | €3 | -€72 | -96.1% |
| Furniture and vehicles | 24 | €985 | €1,357 | +€372 | +37.8% |
| Financial fixed assets | 28 | €3,600 | €3,600 | = | 0.0% |
| Current assets | 29/58 | €37,693 | €35,535 | -€2,158 | -5.7% |
| Stocks and contracts in progress | 3 | €6,176 | €5,304 | -€872 | -14.1% |
| Stocks | 30/36 | €6,176 | €5,304 | -€872 | -14.1% |
| Amounts receivable within one year | 40/41 | €8,796 | €10,838 | +€2,042 | +23.2% |
| Trade receivables | 40 | €579 | €2,838 | +€2,259 | +390% |
| Other amounts receivable | 41 | €8,217 | €8,000 | -€217 | -2.6% |
| Cash at bank and in hand | 54/58 | €22,612 | €19,393 | -€3,219 | -14.2% |
| Deferred charges and accrued income | 490/1 | €109 | - | -€109 | |
| Total equity and liabilities | 10/49 | €42,353 | €40,496 | -€1,857 | -4.4% |
| Equity | 10/15 | €19,287 | €19,862 | +€575 | +3.0% |
| Contributions | 10/11 | €9,200 | €9,200 | = | 0.0% |
| Contributions outside capital | 11 | €9,200 | €9,200 | = | 0.0% |
| Other | 1109/19 | €9,200 | €9,200 | = | 0.0% |
| Reserves | 13 | €19,926 | €19,926 | = | 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 | €18,066 | €18,066 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,839 | -€9,264 | +€575 | +5.8% |
| Amounts payable | 17/49 | €23,066 | €20,634 | -€2,432 | -10.5% |
| Amounts payable after more than one year | 17 | €5,929 | - | -€5,929 | |
| Financial debts | 170/4 | €5,929 | - | -€5,929 | |
| Amounts payable within one year | 42/48 | €17,137 | €20,634 | +€3,496 | +20.4% |
| Current portion of amounts payable after more than one year | 42 | €14,029 | €5,929 | -€8,100 | -57.7% |
| Financial debts | 43 | - | €1,346 | +€1,346 | |
| Credit institutions | 430/8 | - | €1,346 | +€1,346 | |
| Trade debts | 44 | €1,074 | €477 | -€597 | -55.6% |
| Suppliers | 440/4 | €1,074 | €477 | -€597 | -55.6% |
| Taxes, remuneration and social security | 45 | - | €1,176 | +€1,176 | |
| Taxes | 450/3 | - | €1,176 | +€1,176 | |
| Other amounts payable | 47/48 | €2,035 | €11,706 | +€9,672 | +475% |
| Non-recurring operating income | 76A | - | €3,020 | +€3,020 | |
| Goods, raw materials, services and sundry goods | 60/61 | €33,202 | €34,463 | +€1,261 | +3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €453 | €653 | +€200 | +44.2% |
| Other operating charges | 640/8 | €314 | €438 | +€123 | +39.3% |
| Gross operating margin | 9900 | €9,678 | €2,126 | -€7,552 | -78.0% |
| Operating profit (loss) | 9901 | €8,911 | €1,036 | -€7,875 | -88.4% |
| Financial charges | 65/66B | €662 | €460 | -€202 | -30.4% |
| Recurring financial charges | 65 | €662 | €460 | -€202 | -30.4% |
| Profit (loss) for the period before taxes | 9903 | €8,249 | €575 | -€7,674 | -93.0% |
| Profit (loss) for the period | 9904 | €8,249 | €575 | -€7,674 | -93.0% |
| Profit (loss) for the period to be appropriated | 9905 | €8,249 | €575 | -€7,674 | -93.0% |
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 17 October 2026 via checked.be.