FRANCIS: 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.
FRANCIS
Largest movements
- Cash +€12,275
up €12,275 (+186%), from €6,609 to €18,884
mainly Net result for the year (+€11,739) and Trade debts (+€7,989)
- Receivables within one year -€6,886
down €6,886 (-38.7%), from €17,807 to €10,921
of which Trade receivables: -€4,935
- Deferred charges and accrued income -€953
down €953 (-23.8%), from €4,007 to €3,054
- Tangible fixed assets -€364
down €364 (-18.8%), from €1,931 to €1,567
of which Furniture and vehicles: -€200
- Tax, wage and social debts -€9,522
down €9,522 (-47.8%), from €19,911 to €10,388
of which Taxes: -€6,579
- Trade debts +€7,989
up €7,989 (+1,371%), from €583 to €8,571
- Reserves +€3,994
up €3,994 (+116%), from €3,445 to €7,438
- Other debts +€3,028
up €3,028, from €0 to €3,028
- Accrued charges and deferred income -€1,416
down €1,416 (-100%), from €1,416 to €0
- Gross operating margin +€28,379
up €28,379, from -€9,501 to €18,878
- Other operating charges +€1,402
up €1,402 (+342%), from €410 to €1,812
- Taxes +€963
up €963 (+504%), from €191 to €1,154
- Financial charges +€241
up €241 (+6.6%), from €3,647 to €3,888
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.
Derived cash bridge
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 | €30,354 | €34,426 | +€4,072 | +13.4% |
| Fixed assets | 21/28 | €1,931 | €1,567 | -€364 | -18.8% |
| Tangible fixed assets | 22/27 | €1,931 | €1,567 | -€364 | -18.8% |
| Plant, machinery and equipment | 23 | €1,509 | €1,345 | -€164 | -10.9% |
| Furniture and vehicles | 24 | €422 | €222 | -€200 | -47.3% |
| Current assets | 29/58 | €28,423 | €32,859 | +€4,436 | +15.6% |
| Amounts receivable within one year | 40/41 | €17,807 | €10,921 | -€6,886 | -38.7% |
| Trade receivables | 40 | €15,856 | €10,921 | -€4,935 | -31.1% |
| Other amounts receivable | 41 | €1,951 | €0 | -€1,951 | -100% |
| Cash at bank and in hand | 54/58 | €6,609 | €18,884 | +€12,275 | +186% |
| Deferred charges and accrued income | 490/1 | €4,007 | €3,054 | -€953 | -23.8% |
| Total equity and liabilities | 10/49 | €30,354 | €34,426 | +€4,072 | +13.4% |
| Equity | 10/15 | €8,445 | €12,438 | +€3,994 | +47.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €3,445 | €7,438 | +€3,994 | +116% |
| Distributable reserves | 133 | €3,445 | €7,438 | +€3,994 | +116% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €21,909 | €21,987 | +€78 | +0.4% |
| Amounts payable within one year | 42/48 | €20,493 | €21,987 | +€1,494 | +7.3% |
| Trade debts | 44 | €583 | €8,571 | +€7,989 | +1,371% |
| Suppliers | 440/4 | €583 | €8,571 | +€7,989 | +1,371% |
| Taxes, remuneration and social security | 45 | €19,911 | €10,388 | -€9,522 | -47.8% |
| Taxes | 450/3 | €13,976 | €7,397 | -€6,579 | -47.1% |
| Remuneration and social security | 454/9 | €5,935 | €2,991 | -€2,944 | -49.6% |
| Other amounts payable | 47/48 | €0 | €3,028 | +€3,028 | |
| Accrued charges and deferred income | 492/3 | €1,416 | €0 | -€1,416 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €328 | €364 | +€35 | +10.8% |
| Other operating charges | 640/8 | €410 | €1,812 | +€1,402 | +342% |
| Gross operating margin | 9900 | -€9,501 | €18,878 | +€28,379 | |
| Operating profit (loss) | 9901 | -€10,239 | €16,702 | +€26,941 | |
| Financial income | 75/76B | €1 | €79 | +€78 | +7,789% |
| Recurring financial income | 75 | €1 | €79 | +€78 | +7,789% |
| Financial charges | 65/66B | €3,647 | €3,888 | +€241 | +6.6% |
| Recurring financial charges | 65 | €3,647 | €3,888 | +€241 | +6.6% |
| Profit (loss) for the period before taxes | 9903 | -€13,884 | €12,893 | +€26,778 | |
| Income taxes | 67/77 | €191 | €1,154 | +€963 | +504% |
| Profit (loss) for the period | 9904 | -€14,075 | €11,739 | +€25,815 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,075 | €11,739 | +€25,815 |
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 13 October 2026 via checked.be.