FRAN 2.0: 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 2.0
Largest movements
- Tangible fixed assets -€9,323
down €9,323 (-2.5%), from €365,997 to €356,674
- Debts after one year -€11,902
down €11,902 (-4.4%), from €272,722 to €260,819
- Reserves +€4,625
up €4,625 (+94.3%), from €4,903 to €9,528
- Financial charges -€395
down €395 (-3.8%), from €10,500 to €10,105
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 | €374,066 | €367,249 | -€6,817 | -1.8% |
| Fixed assets | 21/28 | €365,997 | €356,674 | -€9,323 | -2.5% |
| Tangible fixed assets | 22/27 | €365,997 | €356,674 | -€9,323 | -2.5% |
| Land and buildings | 22 | €365,997 | €356,674 | -€9,323 | -2.5% |
| Current assets | 29/58 | €8,069 | €10,575 | +€2,506 | +31.1% |
| Amounts receivable within one year | 40/41 | €84 | €427 | +€344 | +411.0% |
| Other amounts receivable | 41 | €84 | €427 | +€344 | +411.0% |
| Cash at bank and in hand | 54/58 | €7,986 | €10,148 | +€2,162 | +27.1% |
| Total equity and liabilities | 10/49 | €374,066 | €367,249 | -€6,817 | -1.8% |
| Equity | 10/15 | €7,903 | €12,528 | +€4,625 | +58.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €4,903 | €9,528 | +€4,625 | +94.3% |
| Distributable reserves | 133 | €4,903 | €9,528 | +€4,625 | +94.3% |
| Amounts payable | 17/49 | €366,163 | €354,721 | -€11,442 | -3.1% |
| Amounts payable after more than one year | 17 | €272,722 | €260,819 | -€11,902 | -4.4% |
| Financial debts | 170/4 | €272,722 | €260,819 | -€11,902 | -4.4% |
| Amounts payable within one year | 42/48 | €93,441 | €93,902 | +€461 | +0.5% |
| Current portion of amounts payable after more than one year | 42 | €11,488 | €11,902 | +€414 | +3.6% |
| Trade debts | 44 | €248 | €354 | +€106 | +42.6% |
| Suppliers | 440/4 | €248 | €354 | +€106 | +42.6% |
| Taxes, remuneration and social security | 45 | €59 | €0 | -€59 | -100.0% |
| Taxes | 450/3 | €59 | €0 | -€59 | -100.0% |
| Other amounts payable | 47/48 | €81,645 | €81,645 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,229 | €9,323 | +€93 | +1.0% |
| Other operating charges | 640/8 | €4,488 | €4,668 | +€180 | +4.0% |
| Gross operating margin | 9900 | €30,049 | €29,877 | -€172 | -0.6% |
| Operating profit (loss) | 9901 | €16,332 | €15,886 | -€446 | -2.7% |
| Financial charges | 65/66B | €10,500 | €10,105 | -€395 | -3.8% |
| Recurring financial charges | 65 | €10,500 | €10,105 | -€395 | -3.8% |
| Profit (loss) for the period before taxes | 9903 | €5,832 | €5,782 | -€50 | -0.9% |
| Income taxes | 67/77 | €1,166 | €1,156 | -€10 | -0.9% |
| Profit (loss) for the period | 9904 | €4,666 | €4,625 | -€40 | -0.9% |
| Profit (loss) for the period to be appropriated | 9905 | €4,666 | €4,625 | -€40 | -0.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.