FRANCK BRICKS: 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.
FRANCK BRICKS
Largest movements
- Receivables within one year +€219,393
up €219,393 (+42.9%), from €511,147 to €730,540
of which Trade receivables: +€248,966
- Stocks and contracts +€210,291
up €210,291 (+26.9%), from €783,103 to €993,394
- Tangible fixed assets -€74,187
down €74,187 (-19.8%), from €374,195 to €300,008
of which Leasing and similar rights: -€53,490
- Cash +€69,285
up €69,285 (+214.6%), from €32,279 to €101,564
mainly Trade debts (+€510,532) and Depreciation (+€97,911)
- Trade debts +€510,532
up €510,532 (+84.5%), from €604,036 to €1.1m
- Profit (loss) carried forward +€105,640
up €105,640, from -€105,640 to €0
- Debts after one year -€95,293
down €95,293 (-22.1%), from €430,917 to €335,624
- Other debts -€75,533
down €75,533 (-100.0%), from €75,533 to €0
- Reserves -€55,843
down €55,843 (-13.2%), from €421,860 to €366,017
- Gross operating margin +€150,987
up €150,987 (+19.3%), from €782,243 to €933,231
- Staff costs +€119,568
up €119,568 (+19.8%), from €605,278 to €724,846
- Depreciation -€15,899
down €15,899 (-14.0%), from €113,810 to €97,911
- Financial charges +€14,944
up €14,944 (+48.8%), from €30,602 to €45,546
- Financial income +€14,332
up €14,332 (+176.2%), from €8,132 to €22,464
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 | €1,780,781 | €2,192,866 | +€412,085 | +23.1% |
| Formation expenses | 20 | €34,804 | €20,626 | -€14,178 | -40.7% |
| Fixed assets | 21/28 | €386,695 | €312,508 | -€74,187 | -19.2% |
| Tangible fixed assets | 22/27 | €374,195 | €300,008 | -€74,187 | -19.8% |
| Plant, machinery and equipment | 23 | €74,844 | €63,588 | -€11,256 | -15.0% |
| Furniture and vehicles | 24 | €8,415 | €5,380 | -€3,035 | -36.1% |
| Leasing and similar rights | 25 | €230,795 | €177,305 | -€53,490 | -23.2% |
| Other tangible fixed assets | 26 | €60,141 | €53,734 | -€6,407 | -10.7% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €12,500 | €12,500 | = | 0.0% |
| Current assets | 29/58 | €1,359,282 | €1,859,733 | +€500,451 | +36.8% |
| Stocks and contracts in progress | 3 | €783,103 | €993,394 | +€210,291 | +26.9% |
| Stocks | 30/36 | €783,103 | €993,394 | +€210,291 | +26.9% |
| Amounts receivable within one year | 40/41 | €511,147 | €730,540 | +€219,393 | +42.9% |
| Trade receivables | 40 | €324,003 | €572,969 | +€248,966 | +76.8% |
| Other amounts receivable | 41 | €187,144 | €157,571 | -€29,574 | -15.8% |
| Cash at bank and in hand | 54/58 | €32,279 | €101,564 | +€69,285 | +214.6% |
| Deferred charges and accrued income | 490/1 | €32,753 | €34,235 | +€1,482 | +4.5% |
| Total equity and liabilities | 10/49 | €1,780,781 | €2,192,866 | +€412,085 | +23.1% |
| Equity | 10/15 | €484,820 | €534,617 | +€49,796 | +10.3% |
| Contributions | 10/11 | €168,600 | €168,600 | = | 0.0% |
| Reserves | 13 | €421,860 | €366,017 | -€55,843 | -13.2% |
| Distributable reserves | 133 | €421,860 | €366,017 | -€55,843 | -13.2% |
| Profit (loss) carried forward | 14 | -€105,640 | €0 | +€105,640 | |
| Amounts payable | 17/49 | €1,295,961 | €1,658,250 | +€362,289 | +28.0% |
| Amounts payable after more than one year | 17 | €430,917 | €335,624 | -€95,293 | -22.1% |
| Financial debts | 170/4 | €430,917 | €335,624 | -€95,293 | -22.1% |
| Amounts payable within one year | 42/48 | €865,044 | €1,322,625 | +€457,581 | +52.9% |
| Current portion of amounts payable after more than one year | 42 | €116,416 | €100,531 | -€15,884 | -13.6% |
| Trade debts | 44 | €604,036 | €1,114,568 | +€510,532 | +84.5% |
| Suppliers | 440/4 | €604,036 | €1,114,568 | +€510,532 | +84.5% |
| Taxes, remuneration and social security | 45 | €69,059 | €107,526 | +€38,467 | +55.7% |
| Taxes | 450/3 | €60,430 | €107,526 | +€47,096 | +77.9% |
| Remuneration and social security | 454/9 | €8,629 | €0 | -€8,629 | -100.0% |
| Other amounts payable | 47/48 | €75,533 | €0 | -€75,533 | -100.0% |
| Remuneration, social security and pensions | 62 | €605,278 | €724,846 | +€119,568 | +19.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €113,810 | €97,911 | -€15,899 | -14.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €28,652 | €22,098 | -€6,553 | -22.9% |
| Non-recurring operating charges | 66A | - | €1,000 | +€1,000 | |
| Gross operating margin | 9900 | €782,243 | €933,231 | +€150,987 | +19.3% |
| Operating profit (loss) | 9901 | €34,504 | €87,376 | +€52,872 | +153.2% |
| Financial income | 75/76B | €8,132 | €22,464 | +€14,332 | +176.2% |
| Recurring financial income | 75 | €8,132 | €22,464 | +€14,332 | +176.2% |
| Financial charges | 65/66B | €30,602 | €45,546 | +€14,944 | +48.8% |
| Recurring financial charges | 65 | €30,602 | €45,546 | +€14,944 | +48.8% |
| Profit (loss) for the period before taxes | 9903 | €12,035 | €64,294 | +€52,259 | +434.2% |
| Income taxes | 67/77 | €6,457 | €14,497 | +€8,041 | +124.5% |
| Profit (loss) for the period | 9904 | €5,578 | €49,796 | +€44,218 | +792.7% |
| Profit (loss) for the period to be appropriated | 9905 | €5,578 | €49,796 | +€44,218 | +792.7% |
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.