FRANCOACH: 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.
FRANCOACH
Largest movements
- Receivables within one year -€14,504
down €14,504 (-14.9%), from €97,256 to €82,752
of which Trade receivables: -€14,504
- Deferred charges and accrued income -€5,285
down €5,285 (-100%), from €5,285 to €0
- Cash -€5,033
down €5,033 (-84.0%), from €5,990 to €956
mainly Trade debts (-€59,664) and Current portion of long-term debt (-€27,490)
- Trade debts -€59,664
down €59,664 (-40.2%), from €148,410 to €88,746
- Profit (loss) carried forward +€43,275
up €43,275 (+25.0%), from -€172,908 to -€129,633
- Debts after one year +€30,152
up €30,152 (+75.4%), from €40,000 to €70,152
- Current portion of long-term debt -€27,490
down €27,490 (-100%), from €27,490 to €0
- Advances received -€4,759
down €4,759 (-100%), from €4,759 to €0
- Gross operating margin +€88,806
up €88,806 (+414%), from €21,425 to €110,231
- Other operating charges -€12,462
down €12,462 (-94.8%), from €13,150 to €688
- Staff costs -€6,950
down €6,950 (-11.7%), from €59,637 to €52,687
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 | €108,530 | €83,708 | -€24,822 | -22.9% |
| Current assets | 29/58 | €108,530 | €83,708 | -€24,822 | -22.9% |
| Amounts receivable within one year | 40/41 | €97,256 | €82,752 | -€14,504 | -14.9% |
| Trade receivables | 40 | €96,395 | €81,891 | -€14,504 | -15.0% |
| Other amounts receivable | 41 | €861 | €861 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €5,990 | €956 | -€5,033 | -84.0% |
| Deferred charges and accrued income | 490/1 | €5,285 | €0 | -€5,285 | -100% |
| Total equity and liabilities | 10/49 | €108,530 | €83,708 | -€24,822 | -22.9% |
| Equity | 10/15 | -€126,010 | -€82,735 | +€43,275 | +34.3% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €26,438 | €26,438 | = | 0.0% |
| Distributable reserves | 133 | €26,438 | €26,438 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€172,908 | -€129,633 | +€43,275 | +25.0% |
| Amounts payable | 17/49 | €234,540 | €166,443 | -€68,097 | -29.0% |
| Amounts payable after more than one year | 17 | €40,000 | €70,152 | +€30,152 | +75.4% |
| Financial debts | 170/4 | €40,000 | €70,152 | +€30,152 | +75.4% |
| Amounts payable within one year | 42/48 | €194,540 | €96,291 | -€98,249 | -50.5% |
| Current portion of amounts payable after more than one year | 42 | €27,490 | €0 | -€27,490 | -100% |
| Financial debts | 43 | €942 | €0 | -€942 | -100% |
| Credit institutions | 430/8 | €942 | €0 | -€942 | -100% |
| Trade debts | 44 | €148,410 | €88,746 | -€59,664 | -40.2% |
| Suppliers | 440/4 | €148,410 | €88,746 | -€59,664 | -40.2% |
| Advances received on contracts in progress | 46 | €4,759 | €0 | -€4,759 | -100% |
| Taxes, remuneration and social security | 45 | €9,744 | €6,164 | -€3,580 | -36.7% |
| Taxes | 450/3 | €2,980 | €1,920 | -€1,060 | -35.6% |
| Remuneration and social security | 454/9 | €6,764 | €4,244 | -€2,520 | -37.3% |
| Other amounts payable | 47/48 | €3,196 | €1,380 | -€1,815 | -56.8% |
| Non-recurring operating income | 76A | €10,425 | €0 | -€10,425 | -100% |
| Remuneration, social security and pensions | 62 | €59,637 | €52,687 | -€6,950 | -11.7% |
| Other operating charges | 640/8 | €13,150 | €688 | -€12,462 | -94.8% |
| Non-recurring operating charges | 66A | - | €13,038 | +€13,038 | |
| Gross operating margin | 9900 | €21,425 | €110,231 | +€88,806 | +414% |
| Operating profit (loss) | 9901 | -€51,361 | €43,818 | +€95,179 | |
| Financial income | 75/76B | €248 | €167 | -€81 | -32.6% |
| Recurring financial income | 75 | €248 | €167 | -€81 | -32.6% |
| Financial charges | 65/66B | €158 | €658 | +€500 | +316% |
| Recurring financial charges | 65 | €158 | €658 | +€500 | +316% |
| Profit (loss) for the period before taxes | 9903 | -€51,271 | €43,327 | +€94,598 | |
| Income taxes | 67/77 | €345 | €51 | -€293 | -85.1% |
| Profit (loss) for the period | 9904 | -€51,616 | €43,275 | +€94,891 | |
| Profit (loss) for the period to be appropriated | 9905 | -€51,616 | €43,275 | +€94,891 |
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 19 October 2026 via checked.be.