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 -€54,104
down €54,104 (-4.6%), from €1.2m to €1.1m
- Debts after one year -€95,866
down €95,866 (-90.1%), from €106,411 to €10,544
- Profit (loss) carried forward +€43,365
up €43,365 (+9.2%), from €472,714 to €516,079
- Reserves -€12,321
down €12,321 (-5.3%), from €233,344 to €221,023
of which Tax-exempt reserves: -€12,321
- Other operating charges +€11,661
up €11,661 (+48.5%), from €24,053 to €35,714
- Gross operating margin -€4,901
down €4,901 (-3.3%), from €149,333 to €144,432
- Taxes -€3,510
down €3,510 (-18.2%), from €19,296 to €15,786
- Financial charges -€3,444
down €3,444 (-34.3%), from €10,037 to €6,592
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 | €1,202,611 | €1,134,615 | -€67,995 | -5.7% |
| Fixed assets | 21/28 | €1,169,760 | €1,115,655 | -€54,104 | -4.6% |
| Tangible fixed assets | 22/27 | €1,169,760 | €1,115,655 | -€54,104 | -4.6% |
| Land and buildings | 22 | €1,169,760 | €1,115,655 | -€54,104 | -4.6% |
| Current assets | 29/58 | €32,851 | €18,960 | -€13,891 | -42.3% |
| Cash at bank and in hand | 54/58 | €12,773 | €5,545 | -€7,228 | -56.6% |
| Deferred charges and accrued income | 490/1 | €20,078 | €13,415 | -€6,663 | -33.2% |
| Total equity and liabilities | 10/49 | €1,202,611 | €1,134,615 | -€67,995 | -5.7% |
| Equity | 10/15 | €768,031 | €799,075 | +€31,044 | +4.0% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €233,344 | €221,023 | -€12,321 | -5.3% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Tax-exempt reserves | 132 | €227,146 | €214,825 | -€12,321 | -5.4% |
| Profit (loss) carried forward | 14 | €472,714 | €516,079 | +€43,365 | +9.2% |
| Provisions and deferred taxes | 16 | €75,715 | €71,608 | -€4,107 | -5.4% |
| Deferred taxes | 168 | €75,715 | €71,608 | -€4,107 | -5.4% |
| Amounts payable | 17/49 | €358,864 | €263,932 | -€94,932 | -26.5% |
| Amounts payable after more than one year | 17 | €106,411 | €10,544 | -€95,866 | -90.1% |
| Financial debts | 170/4 | €106,411 | €10,544 | -€95,866 | -90.1% |
| Amounts payable within one year | 42/48 | €251,378 | €246,662 | -€4,716 | -1.9% |
| Current portion of amounts payable after more than one year | 42 | €96,789 | €95,639 | -€1,150 | -1.2% |
| Trade debts | 44 | €47,671 | €46,019 | -€1,653 | -3.5% |
| Suppliers | 440/4 | €47,671 | €46,019 | -€1,653 | -3.5% |
| Advances received on contracts in progress | 46 | €15,000 | €15,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €36,879 | €35,987 | -€892 | -2.4% |
| Taxes | 450/3 | €36,879 | €35,987 | -€892 | -2.4% |
| Other amounts payable | 47/48 | €55,038 | €54,018 | -€1,020 | -1.9% |
| Accrued charges and deferred income | 492/3 | €1,075 | €6,725 | +€5,650 | +525.6% |
| Non-recurring operating income | 76A | €534 | - | -€534 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,868 | €59,404 | -€1,464 | -2.4% |
| Other operating charges | 640/8 | €24,053 | €35,714 | +€11,661 | +48.5% |
| Gross operating margin | 9900 | €149,333 | €144,432 | -€4,901 | -3.3% |
| Operating profit (loss) | 9901 | €64,411 | €49,314 | -€15,097 | -23.4% |
| Financial income | 75/76B | €7 | €1 | -€6 | -85.4% |
| Recurring financial income | 75 | €7 | €1 | -€6 | -85.4% |
| Financial charges | 65/66B | €10,037 | €6,592 | -€3,444 | -34.3% |
| Recurring financial charges | 65 | €10,037 | €6,592 | -€3,444 | -34.3% |
| Profit (loss) for the period before taxes | 9903 | €54,382 | €42,723 | -€11,659 | -21.4% |
| Transfer from deferred taxes | 780 | €4,107 | €4,107 | = | 0.0% |
| Income taxes | 67/77 | €19,296 | €15,786 | -€3,510 | -18.2% |
| Profit (loss) for the period | 9904 | €39,193 | €31,044 | -€8,149 | -20.8% |
| Transfer from tax-exempt reserves | 789 | €12,321 | €12,321 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €51,514 | €43,365 | -€8,149 | -15.8% |
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 4 October 2026 via checked.be.