FRAMARI: 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.
FRAMARI
Largest movements
- Tangible fixed assets -€43,481
down €43,481 (-12.1%), from €360,136 to €316,655
of which Land and buildings: -€42,613
- Cash +€29,677
up €29,677 (+16331.9%), from €182 to €29,858
mainly Trade debts (+€96,723) and Depreciation (+€42,613)
- Profit (loss) carried forward -€112,428
down €112,428 (-21.3%), from -€528,390 to -€640,818
- Trade debts +€96,723
up €96,723 (+78.1%), from €123,868 to €220,590
- Gross operating margin +€41,075
up €41,075 (+779.9%), from €5,267 to €46,342
- Taxes -€14,825
down €14,825 (-100.0%), from €14,825 to €0
- Other operating charges -€2,978
down €2,978 (-2.4%), from €123,078 to €120,100
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 | €1,188,482 | €1,172,776 | -€15,706 | -1.3% |
| Fixed assets | 21/28 | €360,136 | €316,655 | -€43,481 | -12.1% |
| Tangible fixed assets | 22/27 | €360,136 | €316,655 | -€43,481 | -12.1% |
| Land and buildings | 22 | €356,145 | €313,532 | -€42,613 | -12.0% |
| Other tangible fixed assets | 26 | €3,991 | €3,123 | -€868 | -21.7% |
| Current assets | 29/58 | €828,346 | €856,121 | +€27,775 | +3.4% |
| Amounts receivable within one year | 40/41 | €828,164 | €826,263 | -€1,901 | -0.2% |
| Trade receivables | 40 | €7,500 | €10,000 | +€2,500 | +33.3% |
| Other amounts receivable | 41 | €820,664 | €816,263 | -€4,401 | -0.5% |
| Cash at bank and in hand | 54/58 | €182 | €29,858 | +€29,677 | +16331.9% |
| Total equity and liabilities | 10/49 | €1,188,482 | €1,172,776 | -€15,706 | -1.3% |
| Equity | 10/15 | €1,032,264 | €919,835 | -€112,428 | -10.9% |
| Contributions | 10/11 | €1,543,021 | €1,543,021 | = | 0.0% |
| Capital | 10 | €1,543,021 | €1,543,021 | = | 0.0% |
| Issued capital | 100 | €1,543,021 | €1,543,021 | = | 0.0% |
| Reserves | 13 | €17,633 | €17,633 | = | 0.0% |
| Non-distributable reserves | 130/1 | €992 | €992 | = | 0.0% |
| Legal reserve | 130 | €992 | €992 | = | 0.0% |
| Distributable reserves | 133 | €16,641 | €16,641 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€528,390 | -€640,818 | -€112,428 | -21.3% |
| Amounts payable | 17/49 | €156,218 | €252,941 | +€96,723 | +61.9% |
| Amounts payable within one year | 42/48 | €156,218 | €252,941 | +€96,723 | +61.9% |
| Trade debts | 44 | €123,868 | €220,590 | +€96,723 | +78.1% |
| Suppliers | 440/4 | €123,868 | €220,590 | +€96,723 | +78.1% |
| Other amounts payable | 47/48 | €32,351 | €32,351 | = | 0.0% |
| Non-recurring operating income | 76A | - | €19,132 | +€19,132 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,613 | €42,613 | +€0 | 0.0% |
| Other operating charges | 640/8 | €123,078 | €120,100 | -€2,978 | -2.4% |
| Gross operating margin | 9900 | €5,267 | €46,342 | +€41,075 | +779.9% |
| Operating profit (loss) | 9901 | -€160,424 | -€116,371 | +€44,053 | +27.5% |
| Financial income | 75/76B | €4,130 | €4,157 | +€26 | +0.6% |
| Recurring financial income | 75 | €4,130 | €4,157 | +€26 | +0.6% |
| Financial charges | 65/66B | €74 | €214 | +€140 | +189.3% |
| Recurring financial charges | 65 | €74 | €214 | +€140 | +189.3% |
| Profit (loss) for the period before taxes | 9903 | -€156,368 | -€112,428 | +€43,939 | +28.1% |
| Income taxes | 67/77 | €14,825 | €0 | -€14,825 | -100.0% |
| Profit (loss) for the period | 9904 | -€171,193 | -€112,428 | +€58,765 | +34.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€171,193 | -€112,428 | +€58,765 | +34.3% |
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 4 October 2026 via checked.be.