FRANAR INVEST: what changed
What changed
FRANAR INVEST
NACE 41.001, General construction of residential buildings
filed annual accounts (NBB)
Net result for the year
€128,637
2024 · -€35,422+€164,059
Equity
€1.8m
2024 · €1.7m+€128,637
Cash
€78,453
2024 · €361,809-€283,355
Balance sheet total
€1.9m
2024 · €1.8m+€124,920
Largest movements
Assets
- Current investments +€350,000
up €350,000 (+70.0%), from €500,000 to €850,000
- Cash -€283,355
down €283,355 (-78.3%), from €361,809 to €78,453
mainly Current investments (-€350,000) and Receivables within one year (-€62,111)
- Receivables within one year +€62,111
up €62,111 (+11.9%), from €520,284 to €582,394
of which Other amounts receivable: +€33,302
Equity and liabilities
- Profit (loss) carried forward +€128,637
up €128,637 (+45.4%), from -€283,292 to -€154,654
Income statement
- Gross operating margin +€143,330
up €143,330, from -€52,367 to €90,963
- Financial income +€15,171
up €15,171 (+43.0%), from €35,290 to €50,461
of which Financial income: +€9,171
- Depreciation -€3,868
down €3,868 (-36.4%), from €10,638 to €6,770
- Financial charges -€1,529
down €1,529 (-28.8%), from €5,312 to €3,783
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€35,422
Gross operating margin
+€143,330
Depreciation
+€3,868
Other operating charges
+€4
Financial income
+€15,171
Financial charges
+€1,529
Taxes
+€157
Result 2025
€128,637
raises the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€66,645
Investment
-€350,000
Financing
€0
Cash 2024
€361,809
From operations (derived)
+€66,645
Net result for the year
+€128,637
Depreciation
+€6,770
Stocks and contracts
-€3,498
Receivables within one year
-€62,111
Smaller working-capital items
+€666
Trade debts
-€2,046
Other debts
-€1,773
Investment (derived)
-€350,000
Current investments
-€350,000
Cash 2025
€78,453
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,752,299 | €1,877,219 | +€124,920 | +7.1% |
| Fixed assets | 21/28 | €178,245 | €171,475 | -€6,770 | -3.8% |
| Tangible fixed assets | 22/27 | €178,245 | €171,475 | -€6,770 | -3.8% |
| Land and buildings | 22 | €178,245 | €171,475 | -€6,770 | -3.8% |
| Current assets | 29/58 | €1,574,054 | €1,705,743 | +€131,690 | +8.4% |
| Stocks and contracts in progress | 3 | €190,953 | €194,452 | +€3,498 | +1.8% |
| Contracts in progress | 37 | €190,953 | €194,452 | +€3,498 | +1.8% |
| Amounts receivable within one year | 40/41 | €520,284 | €582,394 | +€62,111 | +11.9% |
| Trade receivables | 40 | €1,442 | €30,250 | +€28,809 | +1,999% |
| Other amounts receivable | 41 | €518,842 | €552,144 | +€33,302 | +6.4% |
| Current investments | 50/53 | €500,000 | €850,000 | +€350,000 | +70.0% |
| Cash at bank and in hand | 54/58 | €361,809 | €78,453 | -€283,355 | -78.3% |
| Deferred charges and accrued income | 490/1 | €1,008 | €444 | -€564 | -56.0% |
| Total equity and liabilities | 10/49 | €1,752,299 | €1,877,219 | +€124,920 | +7.1% |
| Equity | 10/15 | €1,705,208 | €1,833,846 | +€128,637 | +7.5% |
| Contributions | 10/11 | €1,838,500 | €1,838,500 | = | 0.0% |
| Capital | 10 | - | €1,500,000 | +€1.5m | |
| Issued capital | 100 | - | €1,500,000 | +€1.5m | |
| Contributions outside capital | 11 | - | €338,500 | +€338,500 | |
| Share premium | 1100/10 | - | €338,500 | +€338,500 | |
| Reserves | 13 | €150,000 | €150,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €150,000 | €150,000 | = | 0.0% |
| Legal reserve | 130 | - | €150,000 | +€150,000 | |
| Other | 1319 | €150,000 | - | -€150,000 | |
| Profit (loss) carried forward | 14 | -€283,292 | -€154,654 | +€128,637 | +45.4% |
| Amounts payable | 17/49 | €47,090 | €43,373 | -€3,717 | -7.9% |
| Amounts payable within one year | 42/48 | €46,140 | €41,572 | -€4,568 | -9.9% |
| Trade debts | 44 | €2,046 | €0 | -€2,046 | -100% |
| Suppliers | 440/4 | €2,046 | €0 | -€2,046 | -100% |
| Taxes, remuneration and social security | 45 | €1,705 | €957 | -€749 | -43.9% |
| Taxes | 450/3 | €1,705 | €957 | -€749 | -43.9% |
| Other amounts payable | 47/48 | €42,389 | €40,616 | -€1,773 | -4.2% |
| Accrued charges and deferred income | 492/3 | €950 | €1,801 | +€850 | +89.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,638 | €6,770 | -€3,868 | -36.4% |
| Other operating charges | 640/8 | €2,237 | €2,233 | -€4 | -0.2% |
| Gross operating margin | 9900 | -€52,367 | €90,963 | +€143,330 | |
| Operating profit (loss) | 9901 | -€65,242 | €81,960 | +€147,202 | |
| Financial income | 75/76B | €35,290 | €50,461 | +€15,171 | +43.0% |
| Recurring financial income | 75 | €35,290 | €44,461 | +€9,171 | +26.0% |
| Non-recurring financial income | 76B | - | €6,000 | +€6,000 | |
| Financial charges | 65/66B | €5,312 | €3,783 | -€1,529 | -28.8% |
| Recurring financial charges | 65 | €5,312 | €3,783 | -€1,529 | -28.8% |
| Profit (loss) for the period before taxes | 9903 | -€35,264 | €128,637 | +€163,902 | |
| Income taxes | 67/77 | €157 | €0 | -€157 | -100% |
| Profit (loss) for the period | 9904 | -€35,422 | €128,637 | +€164,059 | |
| Profit (loss) for the period to be appropriated | 9905 | -€35,422 | €128,637 | +€164,059 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.