FRANCHIMETAL: 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.
FRANCHIMETAL
Largest movements
- Tangible fixed assets -€6,939
down €6,939 (-23.1%), from €30,049 to €23,110
of which Plant, machinery and equipment: -€5,580
- Receivables within one year -€2,761
down €2,761 (-71.0%), from €3,889 to €1,128
of which Other amounts receivable: -€2,621
- Cash -€1,675
down €1,675 (-22.4%), from €7,484 to €5,809
mainly Net result for the year (-€14,936) and Debts after one year (-€5,338)
- Profit (loss) carried forward -€14,693
new in 2024: -€14,693
- Debts after one year -€5,338
down €5,338 (-24.3%), from €22,002 to €16,664
- Other debts +€3,309
up €3,309 (+43.1%), from €7,677 to €10,986
- Tax, wage and social debts +€3,074
up €3,074 (+370%), from €830 to €3,905
of which Taxes: +€2,604
- Trade debts +€2,468
up €2,468 (+160%), from €1,541 to €4,009
- Staff costs +€41,266
up €41,266 (+1,664%), from €2,479 to €43,745
- Gross operating margin +€33,565
up €33,565 (+703%), from €4,772 to €38,337
- Depreciation +€5,984
up €5,984 (+433%), from €1,381 to €7,366
- Financial charges +€1,191
up €1,191 (+453%), from €263 to €1,454
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €43,604 | €32,233 | -€11,371 | -26.1% |
| Formation expenses | 20 | €903 | €712 | -€191 | -21.1% |
| Fixed assets | 21/28 | €31,170 | €23,995 | -€7,175 | -23.0% |
| Intangible fixed assets | 21 | €1,121 | €885 | -€236 | -21.0% |
| Tangible fixed assets | 22/27 | €30,049 | €23,110 | -€6,939 | -23.1% |
| Plant, machinery and equipment | 23 | €26,906 | €21,326 | -€5,580 | -20.7% |
| Furniture and vehicles | 24 | €2,025 | €900 | -€1,125 | -55.6% |
| Other tangible fixed assets | 26 | €1,117 | €883 | -€234 | -20.9% |
| Current assets | 29/58 | €11,532 | €7,526 | -€4,005 | -34.7% |
| Amounts receivable within one year | 40/41 | €3,889 | €1,128 | -€2,761 | -71.0% |
| Trade receivables | 40 | €330 | €190 | -€140 | -42.4% |
| Other amounts receivable | 41 | €3,559 | €938 | -€2,621 | -73.6% |
| Cash at bank and in hand | 54/58 | €7,484 | €5,809 | -€1,675 | -22.4% |
| Deferred charges and accrued income | 490/1 | €159 | €589 | +€431 | +271% |
| Total equity and liabilities | 10/49 | €43,604 | €32,233 | -€11,371 | -26.1% |
| Equity | 10/15 | €6,243 | -€8,693 | -€14,936 | |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €243 | - | -€243 | |
| Distributable reserves | 133 | €243 | - | -€243 | |
| Profit (loss) carried forward | 14 | - | -€14,693 | -€14,693 | |
| Amounts payable | 17/49 | €37,361 | €40,926 | +€3,565 | +9.5% |
| Amounts payable after more than one year | 17 | €22,002 | €16,664 | -€5,338 | -24.3% |
| Financial debts | 170/4 | €22,002 | €16,664 | -€5,338 | -24.3% |
| Amounts payable within one year | 42/48 | €15,359 | €24,262 | +€8,903 | +58.0% |
| Current portion of amounts payable after more than one year | 42 | €5,076 | €5,338 | +€261 | +5.2% |
| Trade debts | 44 | €1,541 | €4,009 | +€2,468 | +160% |
| Suppliers | 440/4 | €1,541 | €4,009 | +€2,468 | +160% |
| Advances received on contracts in progress | 46 | €235 | €25 | -€210 | -89.4% |
| Taxes, remuneration and social security | 45 | €830 | €3,905 | +€3,074 | +370% |
| Taxes | 450/3 | €26 | €2,631 | +€2,604 | +9,891% |
| Remuneration and social security | 454/9 | €804 | €1,274 | +€470 | +58.4% |
| Other amounts payable | 47/48 | €7,677 | €10,986 | +€3,309 | +43.1% |
| Remuneration, social security and pensions | 62 | €2,479 | €43,745 | +€41,266 | +1,664% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,381 | €7,366 | +€5,984 | +433% |
| Other operating charges | 640/8 | €406 | €712 | +€307 | +75.6% |
| Gross operating margin | 9900 | €4,772 | €38,337 | +€33,565 | +703% |
| Operating profit (loss) | 9901 | €506 | -€13,486 | -€13,991 | |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €263 | €1,454 | +€1,191 | +453% |
| Recurring financial charges | 65 | €263 | €1,454 | +€1,191 | +453% |
| Profit (loss) for the period before taxes | 9903 | €243 | -€14,936 | -€15,179 | |
| Profit (loss) for the period | 9904 | €243 | -€14,936 | -€15,179 | |
| Profit (loss) for the period to be appropriated | 9905 | €243 | -€14,936 | -€15,179 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.