FRANCESCANI: 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.
FRANCESCANI
Largest movements
- Tangible fixed assets -€63,838
down €63,838 (-4.6%), from €1.4m to €1.3m
- Cash +€17,244
up €17,244 (+89.8%), from €19,199 to €36,443
mainly Depreciation (+€67,925) and Receivables within one year (+€1,707)
- Other debts -€25,429
down €25,429 (-9.9%), from €257,148 to €231,719
- Accrued charges and deferred income -€16,959
down €16,959 (-69.3%), from €24,479 to €7,520
- Gross operating margin -€46,400
down €46,400 (-31.8%), from €146,127 to €99,727
- Financial charges -€24,278
down €24,278 (-52.5%), from €46,223 to €21,945
- Depreciation -€19,265
down €19,265 (-22.1%), from €87,190 to €67,925
- Other operating charges -€5,685
down €5,685 (-26.5%), from €21,413 to €15,728
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,407,867 | €1,360,489 | -€47,378 | -3.4% |
| Fixed assets | 21/28 | €1,382,551 | €1,318,713 | -€63,838 | -4.6% |
| Tangible fixed assets | 22/27 | €1,382,551 | €1,318,713 | -€63,838 | -4.6% |
| Land and buildings | 22 | €1,382,551 | €1,318,713 | -€63,838 | -4.6% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €25,316 | €41,777 | +€16,460 | +65.0% |
| Amounts receivable within one year | 40/41 | €2,769 | €1,061 | -€1,707 | -61.7% |
| Other amounts receivable | 41 | €2,769 | €1,061 | -€1,707 | -61.7% |
| Cash at bank and in hand | 54/58 | €19,199 | €36,443 | +€17,244 | +89.8% |
| Deferred charges and accrued income | 490/1 | €3,349 | €4,273 | +€924 | +27.6% |
| Total equity and liabilities | 10/49 | €1,407,867 | €1,360,489 | -€47,378 | -3.4% |
| Equity | 10/15 | €322,941 | €317,467 | -€5,474 | -1.7% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €7,771 | €7,771 | = | 0.0% |
| Distributable reserves | 133 | €7,771 | €7,771 | = | 0.0% |
| Profit (loss) carried forward | 14 | €308,973 | €303,499 | -€5,474 | -1.8% |
| Amounts payable | 17/49 | €1,084,926 | €1,043,023 | -€41,904 | -3.9% |
| Amounts payable after more than one year | 17 | €803,142 | €803,142 | = | 0.0% |
| Financial debts | 170/4 | €798,000 | €798,000 | = | 0.0% |
| Other amounts payable | 178/9 | €5,142 | €5,142 | = | 0.0% |
| Amounts payable within one year | 42/48 | €257,306 | €232,361 | -€24,945 | -9.7% |
| Trade debts | 44 | €158 | €82 | -€75 | -47.7% |
| Suppliers | 440/4 | €158 | €82 | -€75 | -47.7% |
| Advances received on contracts in progress | 46 | - | €560 | +€560 | |
| Other amounts payable | 47/48 | €257,148 | €231,719 | -€25,429 | -9.9% |
| Accrued charges and deferred income | 492/3 | €24,479 | €7,520 | -€16,959 | -69.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €87,190 | €67,925 | -€19,265 | -22.1% |
| Other operating charges | 640/8 | €21,413 | €15,728 | -€5,685 | -26.5% |
| Gross operating margin | 9900 | €146,127 | €99,727 | -€46,400 | -31.8% |
| Operating profit (loss) | 9901 | €37,524 | €16,073 | -€21,451 | -57.2% |
| Financial income | 75/76B | €50 | €398 | +€348 | +695% |
| Recurring financial income | 75 | €50 | €398 | +€348 | +695% |
| Financial charges | 65/66B | €46,223 | €21,945 | -€24,278 | -52.5% |
| Recurring financial charges | 65 | €46,223 | €21,945 | -€24,278 | -52.5% |
| Profit (loss) for the period before taxes | 9903 | -€8,649 | -€5,474 | +€3,175 | +36.7% |
| Income taxes | 67/77 | -€434 | - | +€434 | |
| Profit (loss) for the period | 9904 | -€8,215 | -€5,474 | +€2,741 | +33.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,215 | -€5,474 | +€2,741 | +33.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.