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 +€23,674
up €23,674 (+50.4%), from €46,993 to €70,666
of which Furniture and vehicles: +€22,831
- Receivables within one year +€2,222
up €2,222 (+45.5%), from €4,880 to €7,102
- Other debts +€87,020
up €87,020 (+549.3%), from €15,843 to €102,864
- Profit (loss) carried forward -€60,658
no longer reported in 2025 (was €60,658)
- Tax, wage and social debts +€26,560
up €26,560 (+1657.0%), from €1,603 to €28,163
- Current portion of long-term debt -€19,454
down €19,454 (-78.0%), from €24,940 to €5,487
- Debts after one year -€5,487
no longer reported in 2025 (was €5,487)
- Gross operating margin +€23,769
up €23,769 (+22.7%), from €104,885 to €128,654
- Taxes +€6,148
up €6,148 (+29.5%), from €20,824 to €26,972
- Depreciation -€4,795
down €4,795 (-22.8%), from €21,019 to €16,224
- Other operating charges +€1,901
up €1,901 (+932.2%), from €204 to €2,105
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 | €128,898 | €155,662 | +€26,765 | +20.8% |
| Fixed assets | 21/28 | €46,993 | €70,666 | +€23,674 | +50.4% |
| Tangible fixed assets | 22/27 | €46,993 | €70,666 | +€23,674 | +50.4% |
| Land and buildings | 22 | €2,408 | €1,574 | -€835 | -34.7% |
| Plant, machinery and equipment | 23 | - | €1,677 | +€1,677 | |
| Furniture and vehicles | 24 | €44,584 | €67,415 | +€22,831 | +51.2% |
| Current assets | 29/58 | €81,905 | €84,996 | +€3,091 | +3.8% |
| Amounts receivable within one year | 40/41 | €4,880 | €7,102 | +€2,222 | +45.5% |
| Other amounts receivable | 41 | €4,880 | €7,102 | +€2,222 | +45.5% |
| Cash at bank and in hand | 54/58 | €77,025 | €77,828 | +€803 | +1.0% |
| Deferred charges and accrued income | 490/1 | - | €66 | +€66 | |
| Total equity and liabilities | 10/49 | €128,898 | €155,662 | +€26,765 | +20.8% |
| Equity | 10/15 | €79,208 | €18,550 | -€60,658 | -76.6% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | €60,658 | - | -€60,658 | |
| Amounts payable | 17/49 | €49,690 | €137,112 | +€87,422 | +175.9% |
| Amounts payable after more than one year | 17 | €5,487 | - | -€5,487 | |
| Financial debts | 170/4 | €5,487 | - | -€5,487 | |
| Amounts payable within one year | 42/48 | €44,203 | €137,112 | +€92,909 | +210.2% |
| Current portion of amounts payable after more than one year | 42 | €24,940 | €5,487 | -€19,454 | -78.0% |
| Trade debts | 44 | €1,817 | €599 | -€1,218 | -67.0% |
| Suppliers | 440/4 | €1,817 | €599 | -€1,218 | -67.0% |
| Taxes, remuneration and social security | 45 | €1,603 | €28,163 | +€26,560 | +1657.0% |
| Taxes | 450/3 | €1,603 | €28,163 | +€26,560 | +1657.0% |
| Other amounts payable | 47/48 | €15,843 | €102,864 | +€87,020 | +549.3% |
| Non-recurring operating income | 76A | - | €7,991 | +€7,991 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,019 | €16,224 | -€4,795 | -22.8% |
| Other operating charges | 640/8 | €204 | €2,105 | +€1,901 | +932.2% |
| Gross operating margin | 9900 | €104,885 | €128,654 | +€23,769 | +22.7% |
| Operating profit (loss) | 9901 | €83,662 | €110,325 | +€26,663 | +31.9% |
| Financial charges | 65/66B | €2,180 | €1,352 | -€829 | -38.0% |
| Recurring financial charges | 65 | €2,180 | €1,352 | -€829 | -38.0% |
| Profit (loss) for the period before taxes | 9903 | €81,481 | €108,973 | +€27,492 | +33.7% |
| Income taxes | 67/77 | €20,824 | €26,972 | +€6,148 | +29.5% |
| Profit (loss) for the period | 9904 | €60,658 | €82,001 | +€21,343 | +35.2% |
| Profit (loss) for the period to be appropriated | 9905 | €60,658 | €82,001 | +€21,343 | +35.2% |
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 7 October 2026 via checked.be.