FRAN: 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.
FRAN
Largest movements
- Receivables within one year -€219,027
down €219,027 (-27.1%), from €807,486 to €588,459
of which Other amounts receivable: -€258,455
- Tangible fixed assets -€62,359
down €62,359 (-12.5%), from €499,094 to €436,734
of which Land and buildings: -€59,011
- Debts after one year -€401,817
down €401,817 (-36.4%), from €1.1m to €700,915
of which Other amounts payable: -€400,000
- Other debts +€140,979
up €140,979 (+8,462%), from €1,666 to €142,645
- Trade debts -€74,682
down €74,682 (-62.5%), from €119,400 to €44,718
- Current portion of long-term debt +€53,108
up €53,108 (+118%), from €45,153 to €98,262
- Staff costs +€21,879
up €21,879 (+37.1%), from €58,950 to €80,829
- Financial charges -€12,407
down €12,407 (-31.0%), from €40,022 to €27,615
- Gross operating margin +€5,464
up €5,464 (+3.2%), from €171,718 to €177,182
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,453,108 | €2,177,792 | -€275,315 | -11.2% |
| Fixed assets | 21/28 | €958,790 | €896,430 | -€62,359 | -6.5% |
| Tangible fixed assets | 22/27 | €499,094 | €436,734 | -€62,359 | -12.5% |
| Land and buildings | 22 | €477,384 | €418,373 | -€59,011 | -12.4% |
| Plant, machinery and equipment | 23 | €1,431 | €1,021 | -€410 | -28.6% |
| Furniture and vehicles | 24 | €20,279 | €17,340 | -€2,939 | -14.5% |
| Financial fixed assets | 28 | €459,696 | €459,696 | = | 0.0% |
| Current assets | 29/58 | €1,494,318 | €1,281,362 | -€212,956 | -14.3% |
| Stocks and contracts in progress | 3 | €670,480 | €675,664 | +€5,183 | +0.8% |
| Stocks | 30/36 | €670,480 | €675,664 | +€5,183 | +0.8% |
| Amounts receivable within one year | 40/41 | €807,486 | €588,459 | -€219,027 | -27.1% |
| Trade receivables | 40 | €167,711 | €207,138 | +€39,427 | +23.5% |
| Other amounts receivable | 41 | €639,775 | €381,321 | -€258,455 | -40.4% |
| Deferred charges and accrued income | 490/1 | €16,352 | €17,239 | +€888 | +5.4% |
| Total equity and liabilities | 10/49 | €2,453,108 | €2,177,792 | -€275,315 | -11.2% |
| Equity | 10/15 | €1,111,528 | €1,111,699 | +€171 | 0.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,087,073 | €1,087,073 | = | 0.0% |
| Tax-exempt reserves | 132 | €73 | €73 | = | 0.0% |
| Distributable reserves | 133 | €1,087,000 | €1,087,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,454 | €4,626 | +€171 | +3.9% |
| Amounts payable | 17/49 | €1,341,580 | €1,066,093 | -€275,487 | -20.5% |
| Amounts payable after more than one year | 17 | €1,102,732 | €700,915 | -€401,817 | -36.4% |
| Financial debts | 170/4 | €78,057 | €76,240 | -€1,817 | -2.3% |
| Other amounts payable | 178/9 | €1,024,676 | €624,676 | -€400,000 | -39.0% |
| Amounts payable within one year | 42/48 | €225,302 | €358,778 | +€133,477 | +59.2% |
| Current portion of amounts payable after more than one year | 42 | €45,153 | €98,262 | +€53,108 | +118% |
| Financial debts | 43 | €10,412 | €16,552 | +€6,140 | +59.0% |
| Credit institutions | 430/8 | €10,412 | €16,552 | +€6,140 | +59.0% |
| Trade debts | 44 | €119,400 | €44,718 | -€74,682 | -62.5% |
| Suppliers | 440/4 | €119,400 | €44,718 | -€74,682 | -62.5% |
| Taxes, remuneration and social security | 45 | €48,670 | €56,602 | +€7,931 | +16.3% |
| Taxes | 450/3 | €38,240 | €10,312 | -€27,929 | -73.0% |
| Remuneration and social security | 454/9 | €10,430 | €46,290 | +€35,860 | +344% |
| Other amounts payable | 47/48 | €1,666 | €142,645 | +€140,979 | +8,462% |
| Accrued charges and deferred income | 492/3 | €13,546 | €6,400 | -€7,147 | -52.8% |
| Remuneration, social security and pensions | 62 | €58,950 | €80,829 | +€21,879 | +37.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,866 | €62,359 | -€1,507 | -2.4% |
| Other operating charges | 640/8 | €4,165 | €3,577 | -€588 | -14.1% |
| Gross operating margin | 9900 | €171,718 | €177,182 | +€5,464 | +3.2% |
| Operating profit (loss) | 9901 | €44,737 | €30,416 | -€14,321 | -32.0% |
| Financial income | 75/76B | €23 | €324 | +€301 | +1,334% |
| Recurring financial income | 75 | €23 | €324 | +€301 | +1,334% |
| Financial charges | 65/66B | €40,022 | €27,615 | -€12,407 | -31.0% |
| Recurring financial charges | 65 | €40,022 | €27,615 | -€12,407 | -31.0% |
| Profit (loss) for the period before taxes | 9903 | €4,737 | €3,125 | -€1,612 | -34.0% |
| Income taxes | 67/77 | €2,945 | €2,954 | +€8 | +0.3% |
| Profit (loss) for the period | 9904 | €1,792 | €171 | -€1,621 | -90.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,792 | €171 | -€1,621 | -90.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.