FRANCO BEHEER: 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.
FRANCO BEHEER
Largest movements
- Tangible fixed assets +€244,953
up €244,953 (+39.7%), from €616,831 to €861,784
of which Land and buildings: +€256,407
- Debts after one year +€183,133
up €183,133 (+58.2%), from €314,550 to €497,683
of which Financial debts: +€123,133
- Other debts +€82,699
up €82,699 (+11732.0%), from €705 to €83,404
- Current portion of long-term debt +€18,766
up €18,766 (+100.5%), from €18,680 to €37,446
- Reserves -€15,556
down €15,556 (-2.3%), from €681,036 to €665,480
of which Distributable reserves: -€13,696
- Depreciation +€10,808
up €10,808 (+14.6%), from €74,010 to €84,818
- Taxes -€3,597
down €3,597 (-11.7%), from €30,840 to €27,242
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 | €1,042,556 | €1,301,810 | +€259,254 | +24.9% |
| Fixed assets | 21/28 | €724,648 | €969,601 | +€244,953 | +33.8% |
| Tangible fixed assets | 22/27 | €616,831 | €861,784 | +€244,953 | +39.7% |
| Land and buildings | 22 | €583,191 | €839,598 | +€256,407 | +44.0% |
| Furniture and vehicles | 24 | €33,640 | €22,186 | -€11,454 | -34.0% |
| Financial fixed assets | 28 | €107,816 | €107,816 | = | 0.0% |
| Current assets | 29/58 | €317,908 | €332,209 | +€14,301 | +4.5% |
| Amounts receivable within one year | 40/41 | €245,261 | €249,344 | +€4,083 | +1.7% |
| Other amounts receivable | 41 | €245,261 | €249,344 | +€4,083 | +1.7% |
| Cash at bank and in hand | 54/58 | €72,647 | €82,865 | +€10,218 | +14.1% |
| Total equity and liabilities | 10/49 | €1,042,556 | €1,301,810 | +€259,254 | +24.9% |
| Equity | 10/15 | €693,436 | €677,880 | -€15,556 | -2.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €681,036 | €665,480 | -€15,556 | -2.3% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100.0% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100.0% |
| Distributable reserves | 133 | €679,176 | €665,480 | -€13,696 | -2.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €349,120 | €623,930 | +€274,810 | +78.7% |
| Amounts payable after more than one year | 17 | €314,550 | €497,683 | +€183,133 | +58.2% |
| Financial debts | 170/4 | €59,550 | €182,683 | +€123,133 | +206.8% |
| Other amounts payable | 178/9 | €255,000 | €315,000 | +€60,000 | +23.5% |
| Amounts payable within one year | 42/48 | €34,570 | €126,247 | +€91,676 | +265.2% |
| Current portion of amounts payable after more than one year | 42 | €18,680 | €37,446 | +€18,766 | +100.5% |
| Trade debts | 44 | €3,832 | €2,670 | -€1,162 | -30.3% |
| Suppliers | 440/4 | €3,832 | €2,670 | -€1,162 | -30.3% |
| Taxes, remuneration and social security | 45 | €11,354 | €2,727 | -€8,626 | -76.0% |
| Taxes | 450/3 | €11,354 | €2,727 | -€8,626 | -76.0% |
| Other amounts payable | 47/48 | €705 | €83,404 | +€82,699 | +11732.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74,010 | €84,818 | +€10,808 | +14.6% |
| Other operating charges | 640/8 | €5,335 | €5,403 | +€68 | +1.3% |
| Gross operating margin | 9900 | €187,254 | €186,556 | -€698 | -0.4% |
| Operating profit (loss) | 9901 | €107,909 | €96,335 | -€11,574 | -10.7% |
| Financial income | 75/76B | €1,436 | €1,499 | +€63 | +4.4% |
| Recurring financial income | 75 | €1,436 | €1,499 | +€63 | +4.4% |
| Financial charges | 65/66B | €1,419 | €2,745 | +€1,326 | +93.4% |
| Recurring financial charges | 65 | €1,419 | €2,745 | +€1,326 | +93.4% |
| Profit (loss) for the period before taxes | 9903 | €107,926 | €95,090 | -€12,836 | -11.9% |
| Income taxes | 67/77 | €30,840 | €27,242 | -€3,597 | -11.7% |
| Profit (loss) for the period | 9904 | €77,086 | €67,847 | -€9,239 | -12.0% |
| Profit (loss) for the period to be appropriated | 9905 | €77,086 | €67,847 | -€9,239 | -12.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.