FRANCO BUILDING: 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.
FRANCO BUILDING
Largest movements
- Receivables within one year -€41,735
down €41,735 (-34.1%), from €122,217 to €80,482
of which Trade receivables: -€43,864
- Cash +€15,465
up €15,465 (+80.4%), from €19,246 to €34,711
mainly Receivables within one year (+€41,735) and Depreciation (+€13,835)
- Tangible fixed assets -€13,835
down €13,835 (-4.5%), from €309,972 to €296,138
of which Land and buildings: -€9,764
- Debts after one year -€23,583
down €23,583 (-7.2%), from €327,746 to €304,164
of which Financial debts: -€23,583
- Other debts -€13,598
down €13,598 (-5.1%), from €266,908 to €253,309
- Tax, wage and social debts -€10,095
down €10,095 (-91.1%), from €11,087 to €992
- Gross operating margin -€74,597
down €74,597 (-73.0%), from €102,215 to €27,618
- Depreciation -€30,601
down €30,601 (-68.9%), from €44,435 to €13,835
- Other operating charges -€1,712
down €1,712 (-19.8%), from €8,664 to €6,951
- Financial charges -€1,567
down €1,567 (-29.5%), from €5,309 to €3,742
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €607,774 | €562,566 | -€45,208 | -7.4% |
| Fixed assets | 21/28 | €310,272 | €296,438 | -€13,835 | -4.5% |
| Tangible fixed assets | 22/27 | €309,972 | €296,138 | -€13,835 | -4.5% |
| Land and buildings | 22 | €262,129 | €252,364 | -€9,764 | -3.7% |
| Plant, machinery and equipment | 23 | €10,510 | €9,107 | -€1,404 | -13.4% |
| Leasing and similar rights | 25 | €37,333 | €34,667 | -€2,667 | -7.1% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €297,501 | €266,128 | -€31,373 | -10.5% |
| Amounts receivable after more than one year | 29 | €52,222 | €52,222 | = | 0.0% |
| Other amounts receivable | 291 | €52,222 | €52,222 | = | 0.0% |
| Stocks and contracts in progress | 3 | €96,500 | €96,500 | = | 0.0% |
| Stocks | 30/36 | €96,500 | €96,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €122,217 | €80,482 | -€41,735 | -34.1% |
| Trade receivables | 40 | €72,773 | €28,909 | -€43,864 | -60.3% |
| Other amounts receivable | 41 | €49,444 | €51,573 | +€2,129 | +4.3% |
| Cash at bank and in hand | 54/58 | €19,246 | €34,711 | +€15,465 | +80.4% |
| Deferred charges and accrued income | 490/1 | €7,316 | €2,214 | -€5,103 | -69.7% |
| Total equity and liabilities | 10/49 | €607,774 | €562,566 | -€45,208 | -7.4% |
| Equity | 10/15 | -€24,209 | -€22,015 | +€2,193 | +9.1% |
| Contributions | 10/11 | €219,500 | €219,500 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€245,569 | -€243,375 | +€2,193 | +0.9% |
| Amounts payable | 17/49 | €631,982 | €584,581 | -€47,401 | -7.5% |
| Amounts payable after more than one year | 17 | €327,746 | €304,164 | -€23,583 | -7.2% |
| Financial debts | 170/4 | €77,746 | €54,164 | -€23,583 | -30.3% |
| Other amounts payable | 178/9 | €250,000 | €250,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €304,236 | €280,418 | -€23,818 | -7.8% |
| Current portion of amounts payable after more than one year | 42 | €26,223 | €23,583 | -€2,640 | -10.1% |
| Trade debts | 44 | €18 | €2,534 | +€2,516 | +14,157% |
| Suppliers | 440/4 | €18 | €2,534 | +€2,516 | +14,157% |
| Taxes, remuneration and social security | 45 | €11,087 | €992 | -€10,095 | -91.1% |
| Taxes | 450/3 | €11,087 | €992 | -€10,095 | -91.1% |
| Other amounts payable | 47/48 | €266,908 | €253,309 | -€13,598 | -5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,435 | €13,835 | -€30,601 | -68.9% |
| Other operating charges | 640/8 | €8,664 | €6,951 | -€1,712 | -19.8% |
| Gross operating margin | 9900 | €102,215 | €27,618 | -€74,597 | -73.0% |
| Operating profit (loss) | 9901 | €49,116 | €6,832 | -€42,284 | -86.1% |
| Financial income | 75/76B | €42 | - | -€42 | |
| Recurring financial income | 75 | €42 | - | -€42 | |
| Financial charges | 65/66B | €5,309 | €3,742 | -€1,567 | -29.5% |
| Recurring financial charges | 65 | €5,309 | €3,742 | -€1,567 | -29.5% |
| Profit (loss) for the period before taxes | 9903 | €43,849 | €3,091 | -€40,759 | -93.0% |
| Income taxes | 67/77 | €731 | €897 | +€167 | +22.8% |
| Profit (loss) for the period | 9904 | €43,118 | €2,193 | -€40,925 | -94.9% |
| Profit (loss) for the period to be appropriated | 9905 | €43,118 | €2,193 | -€40,925 | -94.9% |
Source: filed annual accounts (NBB), financial years ended 28 February 2025 and 28 February 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.