FRANCO JEAN POL: 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 JEAN POL
Largest movements
- Cash -€887
down €887 (-16.4%), from €5,394 to €4,507
mainly Tax, wage and social debts (-€1,806) and Other debts (-€1,082)
- Tangible fixed assets -€729
down €729 (-17.2%), from €4,234 to €3,506
of which Other tangible fixed assets: -€729
- Receivables within one year -€438
down €438 (-96.9%), from €452 to €14
of which Trade receivables: -€435
- Stocks and contracts -€212
down €212 (-11.7%), from €1,819 to €1,607
- Tax, wage and social debts -€1,806
down €1,806 (-18.5%), from €9,781 to €7,975
of which Taxes: -€1,442
- Other debts -€1,082
down €1,082 (-45.1%), from €2,397 to €1,316
- Profit (loss) carried forward +€584
up €584 (+2.4%), from -€23,997 to -€23,412
- Gross operating margin -€15,482
down €15,482 (-61.1%), from €25,351 to €9,869
- Financial charges -€3,817
down €3,817 (-60.0%), from €6,362 to €2,546
- Other operating charges +€3,170
up €3,170 (+756%), from €419 to €3,589
- Staff costs +€1,803
up €1,803, from -€1,647 to €156
- Taxes +€1,730
up €1,730 (+318%), from €543 to €2,273
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 | €12,162 | €9,896 | -€2,266 | -18.6% |
| Fixed assets | 21/28 | €4,234 | €3,506 | -€729 | -17.2% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €4,234 | €3,506 | -€729 | -17.2% |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | - | €0 | = | |
| Other tangible fixed assets | 26 | €4,234 | €3,506 | -€729 | -17.2% |
| Current assets | 29/58 | €7,928 | €6,391 | -€1,537 | -19.4% |
| Stocks and contracts in progress | 3 | €1,819 | €1,607 | -€212 | -11.7% |
| Stocks | 30/36 | €1,819 | €1,607 | -€212 | -11.7% |
| Amounts receivable within one year | 40/41 | €452 | €14 | -€438 | -96.9% |
| Trade receivables | 40 | €435 | €0 | -€435 | -100% |
| Other amounts receivable | 41 | €17 | €14 | -€3 | -18.9% |
| Cash at bank and in hand | 54/58 | €5,394 | €4,507 | -€887 | -16.4% |
| Deferred charges and accrued income | 490/1 | €263 | €263 | +€0 | 0.0% |
| Total equity and liabilities | 10/49 | €12,162 | €9,896 | -€2,266 | -18.6% |
| Equity | 10/15 | -€2,910 | -€2,326 | +€584 | +20.1% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €627 | €627 | = | 0.0% |
| Distributable reserves | 133 | €627 | €627 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,997 | -€23,412 | +€584 | +2.4% |
| Amounts payable | 17/49 | €15,072 | €12,222 | -€2,850 | -18.9% |
| Amounts payable within one year | 42/48 | €15,072 | €12,222 | -€2,850 | -18.9% |
| Trade debts | 44 | €2,894 | €2,931 | +€38 | +1.3% |
| Suppliers | 440/4 | €2,894 | €2,931 | +€38 | +1.3% |
| Taxes, remuneration and social security | 45 | €9,781 | €7,975 | -€1,806 | -18.5% |
| Taxes | 450/3 | €9,417 | €7,975 | -€1,442 | -15.3% |
| Remuneration and social security | 454/9 | €364 | €0 | -€364 | -100% |
| Other amounts payable | 47/48 | €2,397 | €1,316 | -€1,082 | -45.1% |
| Remuneration, social security and pensions | 62 | -€1,647 | €156 | +€1,803 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,084 | €729 | -€355 | -32.8% |
| Other operating charges | 640/8 | €419 | €3,589 | +€3,170 | +756% |
| Gross operating margin | 9900 | €25,351 | €9,869 | -€15,482 | -61.1% |
| Operating profit (loss) | 9901 | €25,495 | €5,395 | -€20,100 | -78.8% |
| Financial income | 75/76B | €10 | €9 | -€1 | -12.3% |
| Recurring financial income | 75 | €10 | €9 | -€1 | -12.3% |
| Financial charges | 65/66B | €6,362 | €2,546 | -€3,817 | -60.0% |
| Recurring financial charges | 65 | €6,362 | €2,546 | -€3,817 | -60.0% |
| Profit (loss) for the period before taxes | 9903 | €19,143 | €2,858 | -€16,285 | -85.1% |
| Income taxes | 67/77 | €543 | €2,273 | +€1,730 | +318% |
| Profit (loss) for the period | 9904 | €18,600 | €584 | -€18,015 | -96.9% |
| Profit (loss) for the period to be appropriated | 9905 | €18,600 | €584 | -€18,015 | -96.9% |
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 1 November 2026 via checked.be.