FRANA: 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.
FRANA
Largest movements
- Tangible fixed assets -€27,921
down €27,921 (-6.7%), from €415,575 to €387,655
- Profit (loss) carried forward -€18,822
down €18,822 (-14.7%), from -€128,308 to -€147,130
- Reserves -€5,871
down €5,871 (-5.7%), from €102,349 to €96,478
of which Tax-exempt reserves: -€5,871
- Gross operating margin -€11,511
down €11,511 (-51.6%), from €22,287 to €10,777
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 | €458,367 | €430,563 | -€27,804 | -6.1% |
| Fixed assets | 21/28 | €415,575 | €387,655 | -€27,921 | -6.7% |
| Tangible fixed assets | 22/27 | €415,575 | €387,655 | -€27,921 | -6.7% |
| Land and buildings | 22 | €415,575 | €387,655 | -€27,921 | -6.7% |
| Current assets | 29/58 | €42,791 | €42,908 | +€117 | +0.3% |
| Amounts receivable within one year | 40/41 | €938 | €938 | = | 0.0% |
| Trade receivables | 40 | €938 | €938 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €40,644 | €40,747 | +€102 | +0.3% |
| Deferred charges and accrued income | 490/1 | €1,209 | €1,224 | +€15 | +1.2% |
| Total equity and liabilities | 10/49 | €458,367 | €430,563 | -€27,804 | -6.1% |
| Equity | 10/15 | €214,042 | €189,349 | -€24,693 | -11.5% |
| Contributions | 10/11 | €240,000 | €240,000 | = | 0.0% |
| Capital | 10 | €240,000 | €240,000 | = | 0.0% |
| Issued capital | 100 | €240,000 | €240,000 | = | 0.0% |
| Reserves | 13 | €102,349 | €96,478 | -€5,871 | -5.7% |
| Non-distributable reserves | 130/1 | €24,000 | €24,000 | = | 0.0% |
| Legal reserve | 130 | €24,000 | €24,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €78,349 | €72,478 | -€5,871 | -7.5% |
| Profit (loss) carried forward | 14 | -€128,308 | -€147,130 | -€18,822 | -14.7% |
| Provisions and deferred taxes | 16 | €36,030 | €33,007 | -€3,023 | -8.4% |
| Deferred taxes | 168 | €36,030 | €33,007 | -€3,023 | -8.4% |
| Amounts payable | 17/49 | €208,296 | €208,208 | -€88 | 0.0% |
| Amounts payable within one year | 42/48 | €195,474 | €195,386 | -€88 | 0.0% |
| Trade debts | 44 | €921 | €180 | -€740 | -80.4% |
| Suppliers | 440/4 | €921 | €180 | -€740 | -80.4% |
| Other amounts payable | 47/48 | €194,554 | €195,206 | +€653 | +0.3% |
| Accrued charges and deferred income | 492/3 | €12,821 | €12,821 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,921 | €27,921 | = | 0.0% |
| Other operating charges | 640/8 | €3,908 | €4,096 | +€188 | +4.8% |
| Gross operating margin | 9900 | €22,287 | €10,777 | -€11,511 | -51.6% |
| Operating profit (loss) | 9901 | -€9,541 | -€21,240 | -€11,699 | -122.6% |
| Financial income | 75/76B | €66 | €128 | +€62 | +94.0% |
| Recurring financial income | 75 | €66 | €128 | +€62 | +94.0% |
| Financial charges | 65/66B | €6,564 | €6,604 | +€40 | +0.6% |
| Recurring financial charges | 65 | €6,564 | €6,604 | +€40 | +0.6% |
| Profit (loss) for the period before taxes | 9903 | -€16,039 | -€27,716 | -€11,677 | -72.8% |
| Transfer from deferred taxes | 780 | €5,871 | €5,871 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€10,168 | -€21,845 | -€11,677 | -114.8% |
| Transfer from tax-exempt reserves | 789 | €3,023 | €3,023 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,145 | -€18,822 | -€11,677 | -163.4% |
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 5 October 2026 via checked.be.