FRAMES: what changed
Two financial 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.
FRAMES
Largest movements
- Tangible fixed assets -€6,853
down €6,853 (-25.0%), from €27,467 to €20,614
of which Other tangible fixed assets: -€4,667
- Receivables within one year -€2,494
down €2,494 (-2.5%), from €99,117 to €96,623
of which Trade receivables: -€2,319
- Tax, wage and social debts -€3,095
down €3,095 (-37.9%), from €8,172 to €5,076
of which Taxes: -€2,724
- Trade debts -€2,696
down €2,696 (-21.3%), from €12,646 to €9,950
- Other debts -€2,162
down €2,162 (-1.0%), from €212,708 to €210,546
- Profit (loss) carried forward -€1,655
down €1,655 (-1.6%), from -€100,770 to -€102,425
- Gross operating margin +€24,145
up €24,145, from -€16,108 to €8,037
- Depreciation -€18,156
down €18,156 (-72.6%), from €25,009 to €6,853
- Staff costs -€18,072
down €18,072 (-92.3%), from €19,585 to €1,513
- Other operating charges -€3,847
down €3,847 (-81.2%), from €4,738 to €891
- Financial charges -€2,257
down €2,257 (-83.8%), from €2,692 to €436
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.
Derived cash bridge
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 | €145,255 | €135,946 | -€9,309 | -6.4% |
| Fixed assets | 21/28 | €31,968 | €25,115 | -€6,853 | -21.4% |
| Tangible fixed assets | 22/27 | €27,467 | €20,614 | -€6,853 | -25.0% |
| Plant, machinery and equipment | 23 | €3,592 | €1,405 | -€2,186 | -60.9% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €23,876 | €19,209 | -€4,667 | -19.5% |
| Financial fixed assets | 28 | €4,501 | €4,501 | = | 0.0% |
| Current assets | 29/58 | €113,287 | €110,831 | -€2,456 | -2.2% |
| Amounts receivable within one year | 40/41 | €99,117 | €96,623 | -€2,494 | -2.5% |
| Trade receivables | 40 | €98,941 | €96,623 | -€2,319 | -2.3% |
| Other amounts receivable | 41 | €175 | €0 | -€175 | -100% |
| Cash at bank and in hand | 54/58 | €14,057 | €13,457 | -€600 | -4.3% |
| Deferred charges and accrued income | 490/1 | €114 | €752 | +€638 | +562% |
| Total equity and liabilities | 10/49 | €145,255 | €135,946 | -€9,309 | -6.4% |
| Equity | 10/15 | -€88,270 | -€89,925 | -€1,655 | -1.9% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€100,770 | -€102,425 | -€1,655 | -1.6% |
| Amounts payable | 17/49 | €233,525 | €225,871 | -€7,654 | -3.3% |
| Amounts payable within one year | 42/48 | €233,525 | €225,572 | -€7,953 | -3.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €12,646 | €9,950 | -€2,696 | -21.3% |
| Suppliers | 440/4 | €12,646 | €9,950 | -€2,696 | -21.3% |
| Taxes, remuneration and social security | 45 | €8,172 | €5,076 | -€3,095 | -37.9% |
| Taxes | 450/3 | €7,800 | €5,076 | -€2,724 | -34.9% |
| Remuneration and social security | 454/9 | €371 | €0 | -€371 | -100% |
| Other amounts payable | 47/48 | €212,708 | €210,546 | -€2,162 | -1.0% |
| Accrued charges and deferred income | 492/3 | - | €299 | +€299 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €19,585 | €1,513 | -€18,072 | -92.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,009 | €6,853 | -€18,156 | -72.6% |
| Other operating charges | 640/8 | €4,738 | €891 | -€3,847 | -81.2% |
| Gross operating margin | 9900 | -€16,108 | €8,037 | +€24,145 | |
| Operating profit (loss) | 9901 | -€65,439 | -€1,220 | +€64,219 | +98.1% |
| Financial income | 75/76B | €57 | €1 | -€56 | -98.4% |
| Recurring financial income | 75 | €57 | €1 | -€56 | -98.4% |
| Financial charges | 65/66B | €2,692 | €436 | -€2,257 | -83.8% |
| Recurring financial charges | 65 | €2,692 | €436 | -€2,257 | -83.8% |
| Profit (loss) for the period before taxes | 9903 | -€68,074 | -€1,655 | +€66,420 | +97.6% |
| Profit (loss) for the period | 9904 | -€68,074 | -€1,655 | +€66,420 | +97.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€68,074 | -€1,655 | +€66,420 | +97.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.