FRANCA: 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.
What changed
FRANCA
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€10,961
2024 · €18,135-€7,174
Equity
€1.3m
2024 · €1.3m+€10,961
Cash
€94,923
2024 · €69,207+€25,716
Balance sheet total
€2.5m
2024 · €2.5m+€35,404
Largest movements
Assets
- Cash +€25,716
up €25,716 (+37.2%), from €69,207 to €94,923
mainly Other debts (+€71,419) and Tax, wage and social debts (+€11,511)
Equity and liabilities
- Other debts +€71,419
up €71,419 (+151%), from €47,440 to €118,859
- Debts after one year -€55,000
down €55,000 (-4.8%), from €1.2m to €1.1m
Income statement
- Financial charges +€13,307
up €13,307 (+18.3%), from €72,576 to €85,883
- Services and other goods -€4,965
down €4,965 (-13.9%), from €35,776 to €30,810
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.
Result 2024
€18,135
Services and other goods
+€4,965
Other operating charges
-€7
Financial income
-€6
Financial charges
-€13,307
Taxes
+€1,181
Result 2025
€10,961
raises the resultlowers the result
Derived cash bridge
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.
From operations
+€80,716
Investment
€0
Financing
-€55,000
Cash 2024
€69,207
From operations (derived)
+€80,716
Net result for the year
+€10,961
Receivables within one year
-€9,687
Trade debts
+€201
Tax, wage and social debts
+€11,511
Other debts
+€71,419
Accrued charges and deferred income
-€3,688
Financing
-€55,000
Debts after one year
-€55,000
Cash 2025
€94,923
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,504,698 | €2,540,102 | +€35,404 | +1.4% |
| Fixed assets | 21/28 | €2,421,557 | €2,421,557 | = | 0.0% |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | €2,421,557 | €2,421,557 | = | 0.0% |
| Affiliated companies | 280/1 | €2,420,557 | €2,420,557 | = | 0.0% |
| Participating interests | 280 | €2,420,557 | €2,420,557 | = | 0.0% |
| Other financial fixed assets | 284/8 | €1,000 | €1,000 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €83,141 | €118,545 | +€35,404 | +42.6% |
| Amounts receivable within one year | 40/41 | €13,935 | €23,622 | +€9,687 | +69.5% |
| Trade receivables | 40 | €13,915 | €13,915 | = | 0.0% |
| Other amounts receivable | 41 | €20 | €9,707 | +€9,687 | +48,509% |
| Cash at bank and in hand | 54/58 | €69,207 | €94,923 | +€25,716 | +37.2% |
| Total equity and liabilities | 10/49 | €2,504,698 | €2,540,102 | +€35,404 | +1.4% |
| Equity | 10/15 | €1,256,724 | €1,267,685 | +€10,961 | +0.9% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €4,000 | €4,000 | = | 0.0% |
| Distributable reserves | 133 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,212,724 | €1,223,685 | +€10,961 | +0.9% |
| Amounts payable | 17/49 | €1,247,974 | €1,272,417 | +€24,443 | +2.0% |
| Amounts payable after more than one year | 17 | €1,155,000 | €1,100,000 | -€55,000 | -4.8% |
| Financial debts | 170/4 | €1,155,000 | €1,100,000 | -€55,000 | -4.8% |
| Other loans | 174 | €1,155,000 | €1,100,000 | -€55,000 | -4.8% |
| Amounts payable within one year | 42/48 | €69,816 | €152,947 | +€83,131 | +119% |
| Trade debts | 44 | - | €201 | +€201 | |
| Suppliers | 440/4 | - | €201 | +€201 | |
| Taxes, remuneration and social security | 45 | €22,377 | €33,887 | +€11,511 | +51.4% |
| Taxes | 450/3 | €22,377 | €33,887 | +€11,511 | +51.4% |
| Other amounts payable | 47/48 | €47,440 | €118,859 | +€71,419 | +151% |
| Accrued charges and deferred income | 492/3 | €23,158 | €19,470 | -€3,688 | -15.9% |
| Operating income | 70/76A | €138,000 | €138,000 | = | 0.0% |
| Turnover | 70 | €138,000 | €138,000 | = | 0.0% |
| Operating charges | 60/66A | €36,798 | €31,840 | -€4,958 | -13.5% |
| Services and other goods | 61 | €35,776 | €30,810 | -€4,965 | -13.9% |
| Other operating charges | 640/8 | €1,022 | €1,030 | +€7 | +0.7% |
| Operating profit (loss) | 9901 | €101,202 | €106,160 | +€4,958 | +4.9% |
| Financial income | 75/76B | €6 | - | -€6 | |
| Recurring financial income | 75 | €6 | - | -€6 | |
| Other financial income | 752/9 | €6 | - | -€6 | |
| Financial charges | 65/66B | €72,576 | €85,883 | +€13,307 | +18.3% |
| Recurring financial charges | 65 | €72,576 | €85,883 | +€13,307 | +18.3% |
| Debt charges | 650 | €72,534 | €85,635 | +€13,101 | +18.1% |
| Other financial charges | 652/9 | €42 | €248 | +€206 | +488% |
| Profit (loss) for the period before taxes | 9903 | €28,632 | €20,277 | -€8,355 | -29.2% |
| Income taxes | 67/77 | €10,498 | €9,317 | -€1,181 | -11.3% |
| Taxes | 670/3 | €10,498 | €9,317 | -€1,181 | -11.3% |
| Profit (loss) for the period | 9904 | €18,135 | €10,961 | -€7,174 | -39.6% |
| Profit (loss) for the period to be appropriated | 9905 | €18,135 | €10,961 | -€7,174 | -39.6% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.