FRAMBOOS: 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.
FRAMBOOS
Largest movements
- Financial fixed assets +€350,000
up €350,000 (+5.3%), from €6.6m to €6.9m
- Cash +€348,344
up €348,344 (+108.6%), from €320,799 to €669,143
mainly Net result for the year (+€957,539) and Trade debts (+€127,781)
- Deferred charges and accrued income +€162,423
new in 2025: €162,423
- Current investments +€120,000
up €120,000 (+17.9%), from €670,000 to €790,000
- Tangible fixed assets +€111,308
up €111,308 (+18.6%), from €598,124 to €709,432
of which Land and buildings: +€120,570
- Reserves +€957,539
up €957,539 (+65.5%), from €1.5m to €2.4m
- Trade debts +€127,781
up €127,781 (+23854.4%), from €536 to €128,317
- Other debts -€125,390
down €125,390 (-34.8%), from €360,189 to €234,799
- Accrued charges and deferred income +€102,111
up €102,111 (+67.6%), from €150,946 to €253,057
- Financial income -€343,920
down €343,920 (-40.4%), from €852,015 to €508,095
- Gross operating margin +€85,328
up €85,328 (+9.1%), from €940,160 to €1.0m
- Other operating charges -€72,176
down €72,176 (-92.6%), from €77,981 to €5,805
- Taxes +€16,171
up €16,171 (+6.1%), from €266,381 to €282,552
- Depreciation +€15,906
up €15,906 (+86.3%), from €18,423 to €34,329
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.
Cash bridge derived
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 | €8,303,818 | €9,351,290 | +€1.0m | +12.6% |
| Fixed assets | 21/28 | €7,167,974 | €7,629,282 | +€461,308 | +6.4% |
| Tangible fixed assets | 22/27 | €598,124 | €709,432 | +€111,308 | +18.6% |
| Land and buildings | 22 | €572,161 | €692,731 | +€120,570 | +21.1% |
| Furniture and vehicles | 24 | €25,963 | €16,701 | -€9,262 | -35.7% |
| Financial fixed assets | 28 | €6,569,850 | €6,919,850 | +€350,000 | +5.3% |
| Current assets | 29/58 | €1,135,844 | €1,722,008 | +€586,163 | +51.6% |
| Stocks and contracts in progress | 3 | - | €0 | = | |
| Stocks | 30/36 | - | €0 | = | |
| Amounts receivable within one year | 40/41 | €145,045 | €100,441 | -€44,604 | -30.8% |
| Trade receivables | 40 | €145,045 | €16,294 | -€128,751 | -88.8% |
| Other amounts receivable | 41 | - | €84,147 | +€84,147 | |
| Current investments | 50/53 | €670,000 | €790,000 | +€120,000 | +17.9% |
| Cash at bank and in hand | 54/58 | €320,799 | €669,143 | +€348,344 | +108.6% |
| Deferred charges and accrued income | 490/1 | - | €162,423 | +€162,423 | |
| Total equity and liabilities | 10/49 | €8,303,818 | €9,351,290 | +€1.0m | +12.6% |
| Equity | 10/15 | €2,100,698 | €3,058,237 | +€957,539 | +45.6% |
| Contributions | 10/11 | €638,274 | €638,274 | = | 0.0% |
| Reserves | 13 | €1,462,424 | €2,419,963 | +€957,539 | +65.5% |
| Distributable reserves | 133 | €1,462,424 | €2,419,963 | +€957,539 | +65.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €6,203,120 | €6,293,052 | +€89,932 | +1.4% |
| Amounts payable after more than one year | 17 | €5,419,319 | €5,410,969 | -€8,350 | -0.2% |
| Other amounts payable | 178/9 | €5,419,319 | €5,410,969 | -€8,350 | -0.2% |
| Amounts payable within one year | 42/48 | €632,856 | €629,027 | -€3,829 | -0.6% |
| Trade debts | 44 | €536 | €128,317 | +€127,781 | +23854.4% |
| Suppliers | 440/4 | €536 | €128,317 | +€127,781 | +23854.4% |
| Taxes, remuneration and social security | 45 | €272,131 | €265,911 | -€6,220 | -2.3% |
| Taxes | 450/3 | €272,131 | €265,911 | -€6,220 | -2.3% |
| Other amounts payable | 47/48 | €360,189 | €234,799 | -€125,390 | -34.8% |
| Accrued charges and deferred income | 492/3 | €150,946 | €253,057 | +€102,111 | +67.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,423 | €34,329 | +€15,906 | +86.3% |
| Other operating charges | 640/8 | €77,981 | €5,805 | -€72,176 | -92.6% |
| Gross operating margin | 9900 | €940,160 | €1,025,488 | +€85,328 | +9.1% |
| Operating profit (loss) | 9901 | €843,756 | €985,354 | +€141,597 | +16.8% |
| Financial income | 75/76B | €852,015 | €508,095 | -€343,920 | -40.4% |
| Recurring financial income | 75 | €852,015 | €508,095 | -€343,920 | -40.4% |
| Financial charges | 65/66B | €256,289 | €253,358 | -€2,931 | -1.1% |
| Recurring financial charges | 65 | €256,289 | €253,358 | -€2,931 | -1.1% |
| Profit (loss) for the period before taxes | 9903 | €1,439,483 | €1,240,091 | -€199,391 | -13.9% |
| Income taxes | 67/77 | €266,381 | €282,552 | +€16,171 | +6.1% |
| Profit (loss) for the period | 9904 | €1,173,101 | €957,539 | -€215,562 | -18.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,173,101 | €957,539 | -€215,562 | -18.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.