FRANCINE: 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.
FRANCINE
Largest movements
- Cash -€25,386
down €25,386 (-16.2%), from €156,867 to €131,480
mainly Net result for the year (-€25,352) and Current investments (-€34)
- Profit (loss) carried forward -€25,352
down €25,352 (-3.8%), from -€663,881 to -€689,233
No income-statement line moved by more than 1% of the activity.
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 | €361,119 | €335,767 | -€25,352 | -7.0% |
| Formation expenses | 20 | €76,976 | €76,976 | = | 0.0% |
| Fixed assets | 21/28 | €113,364 | €113,364 | = | 0.0% |
| Financial fixed assets | 28 | €113,364 | €113,364 | = | 0.0% |
| Current assets | 29/58 | €170,779 | €145,427 | -€25,352 | -14.8% |
| Current investments | 50/53 | €13,912 | €13,947 | +€34 | +0.2% |
| Cash at bank and in hand | 54/58 | €156,867 | €131,480 | -€25,386 | -16.2% |
| Total equity and liabilities | 10/49 | €361,119 | €335,767 | -€25,352 | -7.0% |
| Equity | 10/15 | €361,119 | €335,767 | -€25,352 | -7.0% |
| Contributions | 10/11 | €1,025,000 | €1,025,000 | = | 0.0% |
| Capital | 10 | €1,025,000 | €1,025,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€663,881 | -€689,233 | -€25,352 | -3.8% |
| Gross operating margin | 9900 | -€25,164 | -€25,196 | -€32 | -0.1% |
| Operating profit (loss) | 9901 | -€25,164 | -€25,196 | -€32 | -0.1% |
| Financial income | 75/76B | €76 | €34 | -€41 | -54.6% |
| Recurring financial income | 75 | €76 | €34 | -€41 | -54.6% |
| Financial charges | 65/66B | €208 | €190 | -€17 | -8.4% |
| Recurring financial charges | 65 | €208 | €190 | -€17 | -8.4% |
| Profit (loss) for the period before taxes | 9903 | -€25,296 | -€25,352 | -€56 | -0.2% |
| Profit (loss) for the period | 9904 | -€25,296 | -€25,352 | -€56 | -0.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,296 | -€25,352 | -€56 | -0.2% |
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.