FRAMOS: 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.
FRAMOS
Largest movements
- Cash -€20,808
down €20,808 (-31.1%), from €66,973 to €46,165
mainly Receivables within one year (-€13,005) and Other debts (-€6,218)
- Receivables within one year +€13,005
up €13,005 (+40.0%), from €32,540 to €45,544
- Current investments -€7,157
no longer reported in 2026 (was €7,157)
- Other debts -€6,218
down €6,218 (-69.2%), from €8,987 to €2,770
- Profit (loss) carried forward -€6,061
down €6,061 (-16.3%), from €37,168 to €31,106
- Tax, wage and social debts -€5,497
down €5,497 (-20.7%), from €26,511 to €21,014
of which Remuneration and social security: -€5,322
- Trade debts +€1,935
up €1,935 (+21.2%), from €9,125 to €11,060
- Gross operating margin -€7,028
down €7,028 (-83.5%), from €8,421 to €1,393
- Financial charges +€4,547
up €4,547 (+4442.4%), from €102 to €4,649
- Taxes -€1,384
down €1,384 (-90.8%), from €1,525 to €141
- Depreciation -€865
down €865 (-32.6%), from €2,654 to €1,789
- Financial income -€101
down €101 (-61.8%), from €163 to €62
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €108,483 | €92,642 | -€15,841 | -14.6% |
| Fixed assets | 21/28 | €1,813 | €932 | -€881 | -48.6% |
| Tangible fixed assets | 22/27 | €1,788 | €907 | -€881 | -49.3% |
| Plant, machinery and equipment | 23 | €1,002 | - | -€1,002 | |
| Furniture and vehicles | 24 | €787 | €907 | +€121 | +15.4% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €106,670 | €91,710 | -€14,960 | -14.0% |
| Amounts receivable within one year | 40/41 | €32,540 | €45,544 | +€13,005 | +40.0% |
| Trade receivables | 40 | €32,540 | €45,544 | +€13,005 | +40.0% |
| Current investments | 50/53 | €7,157 | - | -€7,157 | |
| Cash at bank and in hand | 54/58 | €66,973 | €46,165 | -€20,808 | -31.1% |
| Total equity and liabilities | 10/49 | €108,483 | €92,642 | -€15,841 | -14.6% |
| Equity | 10/15 | €63,859 | €57,798 | -€6,061 | -9.5% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €20,486 | €20,486 | = | 0.0% |
| Distributable reserves | 133 | €20,486 | €20,486 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,168 | €31,106 | -€6,061 | -16.3% |
| Amounts payable | 17/49 | €44,624 | €34,844 | -€9,780 | -21.9% |
| Amounts payable within one year | 42/48 | €44,624 | €34,844 | -€9,780 | -21.9% |
| Trade debts | 44 | €9,125 | €11,060 | +€1,935 | +21.2% |
| Suppliers | 440/4 | €9,125 | €11,060 | +€1,935 | +21.2% |
| Taxes, remuneration and social security | 45 | €26,511 | €21,014 | -€5,497 | -20.7% |
| Taxes | 450/3 | €2,736 | €2,561 | -€175 | -6.4% |
| Remuneration and social security | 454/9 | €23,775 | €18,453 | -€5,322 | -22.4% |
| Other amounts payable | 47/48 | €8,987 | €2,770 | -€6,218 | -69.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,654 | €1,789 | -€865 | -32.6% |
| Other operating charges | 640/8 | €908 | €937 | +€29 | +3.2% |
| Gross operating margin | 9900 | €8,421 | €1,393 | -€7,028 | -83.5% |
| Operating profit (loss) | 9901 | €4,858 | -€1,334 | -€6,192 | |
| Financial income | 75/76B | €163 | €62 | -€101 | -61.8% |
| Recurring financial income | 75 | €163 | €62 | -€101 | -61.8% |
| Financial charges | 65/66B | €102 | €4,649 | +€4,547 | +4442.4% |
| Recurring financial charges | 65 | €102 | €4,649 | +€4,547 | +4442.4% |
| Profit (loss) for the period before taxes | 9903 | €4,919 | -€5,921 | -€10,839 | |
| Income taxes | 67/77 | €1,525 | €141 | -€1,384 | -90.8% |
| Profit (loss) for the period | 9904 | €3,394 | -€6,061 | -€9,455 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,394 | -€6,061 | -€9,455 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.