FramCor: 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.
FramCor
Largest movements
- Cash +€45,848
up €45,848 (+20.4%), from €224,361 to €270,209
mainly Net result for the year (+€70,600) and Other debts (+€313)
- Reserves +€70,600
up €70,600 (+51.6%), from €136,869 to €207,469
- Tax, wage and social debts -€20,337
down €20,337 (-31.8%), from €63,870 to €43,533
of which Taxes: -€33,891
- Staff costs +€14,468
up €14,468 (+16.4%), from €88,069 to €102,537
- Gross operating margin +€12,693
up €12,693 (+6.9%), from €183,010 to €195,703
- Taxes -€5,923
down €5,923 (-22.9%), from €25,819 to €19,897
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 | €275,764 | €326,515 | +€50,751 | +18.4% |
| Fixed assets | 21/28 | €25,000 | €26,062 | +€1,062 | +4.2% |
| Tangible fixed assets | 22/27 | - | €1,062 | +€1,062 | |
| Furniture and vehicles | 24 | - | €1,062 | +€1,062 | |
| Financial fixed assets | 28 | €25,000 | €25,000 | = | 0.0% |
| Current assets | 29/58 | €250,764 | €300,453 | +€49,689 | +19.8% |
| Amounts receivable within one year | 40/41 | €23,846 | €26,604 | +€2,758 | +11.6% |
| Trade receivables | 40 | €23,846 | €26,604 | +€2,758 | +11.6% |
| Cash at bank and in hand | 54/58 | €224,361 | €270,209 | +€45,848 | +20.4% |
| Deferred charges and accrued income | 490/1 | €2,557 | €3,640 | +€1,083 | +42.3% |
| Total equity and liabilities | 10/49 | €275,764 | €326,515 | +€50,751 | +18.4% |
| Equity | 10/15 | €142,869 | €213,469 | +€70,600 | +49.4% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €136,869 | €207,469 | +€70,600 | +51.6% |
| Distributable reserves | 133 | €136,869 | €207,469 | +€70,600 | +51.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €132,895 | €113,045 | -€19,850 | -14.9% |
| Amounts payable after more than one year | 17 | €25,000 | €25,000 | = | 0.0% |
| Other amounts payable | 178/9 | €25,000 | €25,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €107,895 | €88,045 | -€19,850 | -18.4% |
| Trade debts | 44 | €22,436 | €22,611 | +€175 | +0.8% |
| Suppliers | 440/4 | €22,436 | €22,611 | +€175 | +0.8% |
| Taxes, remuneration and social security | 45 | €63,870 | €43,533 | -€20,337 | -31.8% |
| Taxes | 450/3 | €58,722 | €24,830 | -€33,891 | -57.7% |
| Remuneration and social security | 454/9 | €5,148 | €18,702 | +€13,554 | +263.3% |
| Other amounts payable | 47/48 | €21,589 | €21,902 | +€313 | +1.4% |
| Remuneration, social security and pensions | 62 | €88,069 | €102,537 | +€14,468 | +16.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3 | +€3 | |
| Other operating charges | 640/8 | €1,078 | €1,462 | +€384 | +35.7% |
| Gross operating margin | 9900 | €183,010 | €195,703 | +€12,693 | +6.9% |
| Operating profit (loss) | 9901 | €93,864 | €91,701 | -€2,163 | -2.3% |
| Financial income | 75/76B | €387 | €953 | +€566 | +146.3% |
| Recurring financial income | 75 | €387 | €953 | +€566 | +146.3% |
| Financial charges | 65/66B | €1,903 | €2,157 | +€254 | +13.3% |
| Recurring financial charges | 65 | €1,903 | €2,157 | +€254 | +13.3% |
| Profit (loss) for the period before taxes | 9903 | €92,348 | €90,497 | -€1,851 | -2.0% |
| Income taxes | 67/77 | €25,819 | €19,897 | -€5,923 | -22.9% |
| Profit (loss) for the period | 9904 | €66,528 | €70,600 | +€4,072 | +6.1% |
| Profit (loss) for the period to be appropriated | 9905 | €66,528 | €70,600 | +€4,072 | +6.1% |
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 28 September 2026 via checked.be.