FRANCIMMO: 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.
FRANCIMMO
Largest movements
- Tangible fixed assets +€208,581
up €208,581 (+675.2%), from €30,891 to €239,471
of which Land and buildings: +€173,401
- Cash -€43,953
down €43,953 (-55.5%), from €79,179 to €35,227
mainly Investment in fixed assets (net) (-€232,194) and Net result for the year (-€22,646)
- Receivables within one year -€39,418
down €39,418 (-75.1%), from €52,509 to €13,091
of which Other amounts receivable: -€39,418
- Other debts +€150,000
new in 2025: €150,000
- Profit (loss) carried forward -€22,646
down €22,646 (-24.4%), from €92,629 to €69,983
- Trade debts -€4,674
down €4,674 (-92.1%), from €5,074 to €400
- Depreciation +€23,123
up €23,123 (+4716.5%), from €490 to €23,613
- Gross operating margin +€4,242
up €4,242 (+85.2%), from €4,981 to €9,223
- Other operating charges +€2,443
up €2,443 (+52.5%), from €4,651 to €7,094
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 | €166,089 | €289,769 | +€123,680 | +74.5% |
| Fixed assets | 21/28 | €30,909 | €239,490 | +€208,581 | +674.8% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €30,891 | €239,471 | +€208,581 | +675.2% |
| Land and buildings | 22 | €22,310 | €195,711 | +€173,401 | +777.2% |
| Plant, machinery and equipment | 23 | - | €38,212 | +€38,212 | |
| Furniture and vehicles | 24 | €8,580 | €5,548 | -€3,032 | -35.3% |
| Financial fixed assets | 28 | €19 | €19 | = | 0.0% |
| Current assets | 29/58 | €135,180 | €50,279 | -€84,901 | -62.8% |
| Amounts receivable within one year | 40/41 | €52,509 | €13,091 | -€39,418 | -75.1% |
| Trade receivables | 40 | €299 | €299 | = | 0.0% |
| Other amounts receivable | 41 | €52,209 | €12,792 | -€39,418 | -75.5% |
| Cash at bank and in hand | 54/58 | €79,179 | €35,227 | -€43,953 | -55.5% |
| Deferred charges and accrued income | 490/1 | €3,492 | €1,962 | -€1,530 | -43.8% |
| Total equity and liabilities | 10/49 | €166,089 | €289,769 | +€123,680 | +74.5% |
| Equity | 10/15 | €160,279 | €137,633 | -€22,646 | -14.1% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | - | -€61,500 | |
| Issued capital | 100 | €61,500 | - | -€61,500 | |
| Outside capital | 11 | - | €61,500 | +€61,500 | |
| Share premium | 1100/10 | - | €61,500 | +€61,500 | |
| Reserves | 13 | €6,150 | €6,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | - | -€6,150 | |
| Other | 1319 | - | €6,150 | +€6,150 | |
| Profit (loss) carried forward | 14 | €92,629 | €69,983 | -€22,646 | -24.4% |
| Amounts payable | 17/49 | €5,810 | €152,136 | +€146,326 | +2518.5% |
| Amounts payable after more than one year | 17 | €736 | €1,736 | +€1,000 | +135.9% |
| Other amounts payable | 178/9 | €736 | €1,736 | +€1,000 | +135.9% |
| Amounts payable within one year | 42/48 | €5,074 | €150,400 | +€145,326 | +2864.0% |
| Trade debts | 44 | €5,074 | €400 | -€4,674 | -92.1% |
| Suppliers | 440/4 | €5,074 | €400 | -€4,674 | -92.1% |
| Other amounts payable | 47/48 | - | €150,000 | +€150,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €490 | €23,613 | +€23,123 | +4716.5% |
| Other operating charges | 640/8 | €4,651 | €7,094 | +€2,443 | +52.5% |
| Non-recurring operating charges | 66A | - | €852 | +€852 | |
| Gross operating margin | 9900 | €4,981 | €9,223 | +€4,242 | +85.2% |
| Operating profit (loss) | 9901 | -€161 | -€22,337 | -€22,176 | -13785.0% |
| Financial income | 75/76B | €83 | €3 | -€80 | -96.3% |
| Recurring financial income | 75 | €83 | €3 | -€80 | -96.3% |
| Financial charges | 65/66B | €301 | €312 | +€11 | +3.6% |
| Recurring financial charges | 65 | €301 | €312 | +€11 | +3.6% |
| Profit (loss) for the period before taxes | 9903 | -€379 | -€22,646 | -€22,267 | -5878.7% |
| Profit (loss) for the period | 9904 | -€379 | -€22,646 | -€22,267 | -5878.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€379 | -€22,646 | -€22,267 | -5878.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.