FRANCESCAUT: 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.
FRANCESCAUT
Largest movements
- Tangible fixed assets +€48,803
up €48,803 (+147.1%), from €33,178 to €81,981
of which Plant, machinery and equipment: +€48,803
- Other debts +€80,633
up €80,633 (+556.0%), from €14,502 to €95,134
- Debts after one year -€16,558
down €16,558 (-32.6%), from €50,723 to €34,165
- Profit (loss) carried forward -€14,620
down €14,620 (-19.6%), from -€74,587 to -€89,207
- Gross operating margin -€5,040
down €5,040, from €761 to -€4,279
- Depreciation +€1,413
up €1,413 (+48.5%), from €2,914 to €4,327
- Financial charges -€838
down €838 (-28.8%), from €2,906 to €2,068
- Other operating charges +€219
up €219 (+5.9%), from €3,726 to €3,946
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 | €34,237 | €83,773 | +€49,535 | +144.7% |
| Fixed assets | 21/28 | €33,178 | €81,981 | +€48,803 | +147.1% |
| Tangible fixed assets | 22/27 | €33,178 | €81,981 | +€48,803 | +147.1% |
| Land and buildings | 22 | €7,437 | €7,437 | = | 0.0% |
| Plant, machinery and equipment | 23 | €25,741 | €74,544 | +€48,803 | +189.6% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €1,059 | €1,792 | +€732 | +69.1% |
| Amounts receivable within one year | 40/41 | €7 | €0 | -€7 | -100.0% |
| Other amounts receivable | 41 | €7 | €0 | -€7 | -100.0% |
| Cash at bank and in hand | 54/58 | €1,052 | €1,792 | +€740 | +70.3% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €34,237 | €83,773 | +€49,535 | +144.7% |
| Equity | 10/15 | -€47,464 | -€62,084 | -€14,620 | -30.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €7,123 | €7,123 | = | 0.0% |
| Distributable reserves | 133 | €7,123 | €7,123 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€74,587 | -€89,207 | -€14,620 | -19.6% |
| Amounts payable | 17/49 | €81,702 | €145,857 | +€64,155 | +78.5% |
| Amounts payable after more than one year | 17 | €50,723 | €34,165 | -€16,558 | -32.6% |
| Financial debts | 170/4 | €50,723 | €34,165 | -€16,558 | -32.6% |
| Amounts payable within one year | 42/48 | €30,979 | €111,692 | +€80,713 | +260.5% |
| Current portion of amounts payable after more than one year | 42 | €16,098 | €16,558 | +€460 | +2.9% |
| Trade debts | 44 | €200 | €0 | -€200 | -100.0% |
| Suppliers | 440/4 | €200 | €0 | -€200 | -100.0% |
| Taxes, remuneration and social security | 45 | €179 | €0 | -€179 | -100.0% |
| Taxes | 450/3 | €179 | €0 | -€179 | -100.0% |
| Other amounts payable | 47/48 | €14,502 | €95,134 | +€80,633 | +556.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,914 | €4,327 | +€1,413 | +48.5% |
| Other operating charges | 640/8 | €3,726 | €3,946 | +€219 | +5.9% |
| Gross operating margin | 9900 | €761 | -€4,279 | -€5,040 | |
| Operating profit (loss) | 9901 | -€5,880 | -€12,552 | -€6,672 | -113.5% |
| Financial income | 75/76B | €25 | €0 | -€25 | -100.0% |
| Recurring financial income | 75 | €25 | €0 | -€25 | -100.0% |
| Financial charges | 65/66B | €2,906 | €2,068 | -€838 | -28.8% |
| Recurring financial charges | 65 | €2,906 | €2,068 | -€838 | -28.8% |
| Profit (loss) for the period before taxes | 9903 | -€8,761 | -€14,620 | -€5,859 | -66.9% |
| Profit (loss) for the period | 9904 | -€8,761 | -€14,620 | -€5,859 | -66.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,761 | -€14,620 | -€5,859 | -66.9% |
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 6 October 2026 via checked.be.