FRANCI: 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.
FRANCI
Largest movements
- Stocks and contracts -€3,828
down €3,828 (-60.6%), from €6,318 to €2,489
- Receivables within one year -€1,168
down €1,168 (-6.6%), from €17,639 to €16,471
of which Trade receivables: -€17,132
- Cash -€358
down €358 (-95.6%), from €374 to €17
mainly Debts after one year (-€7,000) and Trade debts (-€2,340)
- Debts after one year -€7,000
down €7,000 (-100.0%), from €7,000 to €0
- Profit (loss) carried forward +€4,567
up €4,567 (+22.1%), from -€20,687 to -€16,120
- Trade debts -€2,340
down €2,340 (-25.2%), from €9,277 to €6,937
- Other debts -€2,176
down €2,176 (-100.0%), from €2,176 to €0
- Tax, wage and social debts +€1,343
up €1,343 (+17.6%), from €7,637 to €8,980
of which Remuneration and social security: +€961
- Other operating charges +€5,393
up €5,393 (+225.2%), from €2,394 to €7,787
- Gross operating margin -€5,152
down €5,152 (-10.2%), from €50,460 to €45,308
- Staff costs -€2,612
down €2,612 (-8.3%), from €31,545 to €28,933
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 | €29,284 | €23,841 | -€5,443 | -18.6% |
| Fixed assets | 21/28 | €4,480 | €4,480 | = | 0.0% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €4,480 | €4,480 | = | 0.0% |
| Current assets | 29/58 | €24,804 | €19,361 | -€5,443 | -21.9% |
| Stocks and contracts in progress | 3 | €6,318 | €2,489 | -€3,828 | -60.6% |
| Stocks | 30/36 | €6,318 | €2,489 | -€3,828 | -60.6% |
| Amounts receivable within one year | 40/41 | €17,639 | €16,471 | -€1,168 | -6.6% |
| Trade receivables | 40 | €17,639 | €506 | -€17,132 | -97.1% |
| Other amounts receivable | 41 | - | €15,964 | +€15,964 | |
| Cash at bank and in hand | 54/58 | €374 | €17 | -€358 | -95.6% |
| Deferred charges and accrued income | 490/1 | €473 | €385 | -€89 | -18.8% |
| Total equity and liabilities | 10/49 | €29,284 | €23,841 | -€5,443 | -18.6% |
| Equity | 10/15 | -€2,087 | €2,480 | +€4,567 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,687 | -€16,120 | +€4,567 | +22.1% |
| Amounts payable | 17/49 | €31,371 | €21,361 | -€10,010 | -31.9% |
| Amounts payable after more than one year | 17 | €7,000 | €0 | -€7,000 | -100.0% |
| Other amounts payable | 178/9 | €7,000 | €0 | -€7,000 | -100.0% |
| Amounts payable within one year | 42/48 | €24,371 | €21,361 | -€3,010 | -12.4% |
| Financial debts | 43 | €5,281 | €5,443 | +€162 | +3.1% |
| Credit institutions | 430/8 | €5,281 | €5,443 | +€162 | +3.1% |
| Trade debts | 44 | €9,277 | €6,937 | -€2,340 | -25.2% |
| Suppliers | 440/4 | €9,277 | €6,937 | -€2,340 | -25.2% |
| Taxes, remuneration and social security | 45 | €7,637 | €8,980 | +€1,343 | +17.6% |
| Taxes | 450/3 | €5,516 | €5,898 | +€382 | +6.9% |
| Remuneration and social security | 454/9 | €2,121 | €3,082 | +€961 | +45.3% |
| Other amounts payable | 47/48 | €2,176 | €0 | -€2,176 | -100.0% |
| Non-recurring operating income | 76A | €11,223 | €0 | -€11,223 | -100.0% |
| Remuneration, social security and pensions | 62 | €31,545 | €28,933 | -€2,612 | -8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €2,394 | €7,787 | +€5,393 | +225.2% |
| Gross operating margin | 9900 | €50,460 | €45,308 | -€5,152 | -10.2% |
| Operating profit (loss) | 9901 | €16,520 | €8,588 | -€7,933 | -48.0% |
| Financial income | 75/76B | €0 | €375 | +€375 | |
| Recurring financial income | 75 | €0 | €375 | +€375 | |
| Financial charges | 65/66B | €1,385 | €1,745 | +€359 | +25.9% |
| Recurring financial charges | 65 | €1,385 | €1,745 | +€359 | +25.9% |
| Profit (loss) for the period before taxes | 9903 | €15,135 | €7,218 | -€7,917 | -52.3% |
| Income taxes | 67/77 | €2,735 | €2,650 | -€84 | -3.1% |
| Profit (loss) for the period | 9904 | €12,400 | €4,567 | -€7,833 | -63.2% |
| Profit (loss) for the period to be appropriated | 9905 | €12,400 | €4,567 | -€7,833 | -63.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.