FrameIT: 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.
FrameIT
Largest movements
- Receivables within one year +€41,709
up €41,709 (+40.5%), from €103,037 to €144,747
of which Trade receivables: +€42,258
- Tangible fixed assets -€19,483
down €19,483 (-34.1%), from €57,142 to €37,659
- Stocks and contracts -€16,434
down €16,434 (-22.1%), from €74,288 to €57,853
- Cash -€8,731
down €8,731 (-6.1%), from €142,458 to €133,727
mainly Contributions, distributions and other (-€43,227) and Receivables within one year (-€41,709)
- Other debts -€9,000
no longer reported in 2024 (was €9,000)
- Gross operating margin +€16,325
up €16,325 (+26.3%), from €62,125 to €78,450
- Purchases and services -€11,877
down €11,877 (-7.5%), from €157,499 to €145,622
- Turnover -€5,589
down €5,589 (-2.6%), from €215,591 to €210,002
- Depreciation +€3,166
up €3,166 (+16.0%), from €19,752 to €22,918
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 | €376,925 | €373,986 | -€2,939 | -0.8% |
| Fixed assets | 21/28 | €57,142 | €37,659 | -€19,483 | -34.1% |
| Tangible fixed assets | 22/27 | €57,142 | €37,659 | -€19,483 | -34.1% |
| Furniture and vehicles | 24 | €57,142 | €37,659 | -€19,483 | -34.1% |
| Current assets | 29/58 | €319,783 | €336,327 | +€16,544 | +5.2% |
| Stocks and contracts in progress | 3 | €74,288 | €57,853 | -€16,434 | -22.1% |
| Stocks | 30/36 | €74,288 | €57,853 | -€16,434 | -22.1% |
| Amounts receivable within one year | 40/41 | €103,037 | €144,747 | +€41,709 | +40.5% |
| Trade receivables | 40 | €100,079 | €142,337 | +€42,258 | +42.2% |
| Other amounts receivable | 41 | €2,959 | €2,410 | -€549 | -18.6% |
| Cash at bank and in hand | 54/58 | €142,458 | €133,727 | -€8,731 | -6.1% |
| Total equity and liabilities | 10/49 | €376,925 | €373,986 | -€2,939 | -0.8% |
| Equity | 10/15 | €356,169 | €356,169 | = | 0.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €348,109 | €348,109 | = | 0.0% |
| Amounts payable | 17/49 | €20,755 | €17,816 | -€2,939 | -14.2% |
| Amounts payable within one year | 42/48 | €20,755 | €17,816 | -€2,939 | -14.2% |
| Trade debts | 44 | - | €3,661 | +€3,661 | |
| Suppliers | 440/4 | - | €3,661 | +€3,661 | |
| Taxes, remuneration and social security | 45 | €11,755 | €14,155 | +€2,400 | +20.4% |
| Taxes | 450/3 | €11,755 | €14,155 | +€2,400 | +20.4% |
| Other amounts payable | 47/48 | €9,000 | - | -€9,000 | |
| Turnover | 70 | €215,591 | €210,002 | -€5,589 | -2.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €157,499 | €145,622 | -€11,877 | -7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,752 | €22,918 | +€3,166 | +16.0% |
| Other operating charges | 640/8 | €1,853 | €723 | -€1,130 | -61.0% |
| Gross operating margin | 9900 | €62,125 | €78,450 | +€16,325 | +26.3% |
| Operating profit (loss) | 9901 | €40,520 | €54,809 | +€14,289 | +35.3% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €403 | €459 | +€56 | +13.8% |
| Recurring financial charges | 65 | €403 | €459 | +€56 | +13.8% |
| Profit (loss) for the period before taxes | 9903 | €40,117 | €54,351 | +€14,234 | +35.5% |
| Income taxes | 67/77 | €9,738 | €11,124 | +€1,386 | +14.2% |
| Profit (loss) for the period | 9904 | €30,380 | €43,227 | +€12,848 | +42.3% |
| Profit (loss) for the period to be appropriated | 9905 | €30,380 | €43,227 | +€12,848 | +42.3% |
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 7 October 2026 via checked.be.