FRAMELTOIT: 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.
FRAMELTOIT
Largest movements
- Cash -€66,151
down €66,151 (-29.7%), from €222,603 to €156,452
mainly Trade debts (-€115,370) and Investment in fixed assets (net) (-€8,057)
- Tangible fixed assets -€6,628
down €6,628 (-16.7%), from €39,630 to €33,003
of which Furniture and vehicles: -€4,866
- Trade debts -€115,370
down €115,370 (-91.0%), from €126,846 to €11,476
- Reserves +€43,008
up €43,008 (+23.7%), from €181,771 to €224,779
of which Distributable reserves: +€43,008
- Debts after one year -€6,182
down €6,182 (-51.5%), from €12,005 to €5,823
- Gross operating margin -€28,942
down €28,942 (-6.4%), from €450,132 to €421,190
- Staff costs +€22,427
up €22,427 (+7.1%), from €314,374 to €336,801
- Taxes -€11,755
down €11,755 (-35.7%), from €32,914 to €21,159
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 | €374,638 | €297,819 | -€76,820 | -20.5% |
| Fixed assets | 21/28 | €42,335 | €33,053 | -€9,283 | -21.9% |
| Tangible fixed assets | 22/27 | €39,630 | €33,003 | -€6,628 | -16.7% |
| Plant, machinery and equipment | 23 | €6,605 | €4,930 | -€1,675 | -25.4% |
| Furniture and vehicles | 24 | €32,563 | €27,697 | -€4,866 | -14.9% |
| Other tangible fixed assets | 26 | €462 | €376 | -€87 | -18.7% |
| Financial fixed assets | 28 | €2,705 | €50 | -€2,655 | -98.2% |
| Current assets | 29/58 | €332,303 | €264,766 | -€67,537 | -20.3% |
| Stocks and contracts in progress | 3 | €5,578 | €5,178 | -€400 | -7.2% |
| Stocks | 30/36 | €5,578 | €5,178 | -€400 | -7.2% |
| Amounts receivable within one year | 40/41 | €91,819 | €91,874 | +€55 | +0.1% |
| Trade receivables | 40 | €57,670 | €59,497 | +€1,826 | +3.2% |
| Other amounts receivable | 41 | €34,149 | €32,377 | -€1,771 | -5.2% |
| Cash at bank and in hand | 54/58 | €222,603 | €156,452 | -€66,151 | -29.7% |
| Deferred charges and accrued income | 490/1 | €12,303 | €11,262 | -€1,041 | -8.5% |
| Total equity and liabilities | 10/49 | €374,638 | €297,819 | -€76,820 | -20.5% |
| Equity | 10/15 | €211,113 | €254,121 | +€43,008 | +20.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €181,771 | €224,779 | +€43,008 | +23.7% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €163,021 | €206,029 | +€43,008 | +26.4% |
| Profit (loss) carried forward | 14 | €16,942 | €16,942 | = | 0.0% |
| Amounts payable | 17/49 | €163,525 | €43,698 | -€119,827 | -73.3% |
| Amounts payable after more than one year | 17 | €12,005 | €5,823 | -€6,182 | -51.5% |
| Financial debts | 170/4 | €12,005 | €5,823 | -€6,182 | -51.5% |
| Amounts payable within one year | 42/48 | €151,520 | €37,867 | -€113,653 | -75.0% |
| Current portion of amounts payable after more than one year | 42 | €6,009 | €6,182 | +€173 | +2.9% |
| Trade debts | 44 | €126,846 | €11,476 | -€115,370 | -91.0% |
| Suppliers | 440/4 | €126,846 | €11,476 | -€115,370 | -91.0% |
| Taxes, remuneration and social security | 45 | €18,394 | €20,209 | +€1,815 | +9.9% |
| Taxes | 450/3 | €8,407 | €8,224 | -€183 | -2.2% |
| Remuneration and social security | 454/9 | €9,987 | €11,984 | +€1,998 | +20.0% |
| Other amounts payable | 47/48 | €271 | - | -€271 | |
| Accrued charges and deferred income | 492/3 | - | €8 | +€8 | |
| Remuneration, social security and pensions | 62 | €314,374 | €336,801 | +€22,427 | +7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,111 | €17,339 | +€2,228 | +14.7% |
| Other operating charges | 640/8 | €2,379 | €2,111 | -€267 | -11.2% |
| Gross operating margin | 9900 | €450,132 | €421,190 | -€28,942 | -6.4% |
| Operating profit (loss) | 9901 | €118,268 | €64,938 | -€53,330 | -45.1% |
| Financial income | 75/76B | €179 | €500 | +€322 | +179.9% |
| Recurring financial income | 75 | €179 | €500 | +€322 | +179.9% |
| Financial charges | 65/66B | €1,462 | €1,273 | -€190 | -13.0% |
| Recurring financial charges | 65 | €1,462 | €1,273 | -€190 | -13.0% |
| Profit (loss) for the period before taxes | 9903 | €116,985 | €64,166 | -€52,819 | -45.1% |
| Income taxes | 67/77 | €32,914 | €21,159 | -€11,755 | -35.7% |
| Profit (loss) for the period | 9904 | €84,071 | €43,008 | -€41,063 | -48.8% |
| Profit (loss) for the period to be appropriated | 9905 | €84,071 | €43,008 | -€41,063 | -48.8% |
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 29 September 2026 via checked.be.