FRANCOIS: 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.
FRANCOIS
Largest movements
- Cash +€70,196
up €70,196 (+144%), from €48,781 to €118,977
mainly Depreciation (+€47,185) and Net result for the year (+€28,774)
- Tangible fixed assets -€33,244
down €33,244 (-16.7%), from €198,629 to €165,385
of which Furniture and vehicles: -€28,851
- Receivables within one year +€8,093
up €8,093 (+11.6%), from €69,759 to €77,852
of which Trade receivables: +€8,035
- Deferred charges and accrued income -€6,086
down €6,086 (-84.4%), from €7,213 to €1,127
- Profit (loss) carried forward +€28,774
up €28,774 (+22.8%), from -€125,933 to -€97,159
- Tax, wage and social debts +€4,409
up €4,409 (+8.4%), from €52,443 to €56,852
of which Remuneration and social security: +€5,427
- Turnover +€109,879
up €109,879 (+23.9%), from €458,809 to €568,688
- Purchases and services +€70,494
up €70,494 (+22.4%), from €314,088 to €384,582
- Gross operating margin +€34,027
up €34,027 (+18.1%), from €188,314 to €222,341
- Staff costs -€32,888
down €32,888 (-18.7%), from €175,723 to €142,835
- Other operating charges -€12,446
down €12,446 (-90.3%), from €13,789 to €1,343
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 | €330,428 | €369,594 | +€39,166 | +11.9% |
| Formation expenses | 20 | €917 | €701 | -€216 | -23.6% |
| Fixed assets | 21/28 | €198,806 | €165,385 | -€33,421 | -16.8% |
| Intangible fixed assets | 21 | €177 | - | -€177 | |
| Tangible fixed assets | 22/27 | €198,629 | €165,385 | -€33,244 | -16.7% |
| Plant, machinery and equipment | 23 | €48,886 | €42,184 | -€6,702 | -13.7% |
| Furniture and vehicles | 24 | €109,736 | €80,885 | -€28,851 | -26.3% |
| Other tangible fixed assets | 26 | €40,007 | €42,316 | +€2,309 | +5.8% |
| Current assets | 29/58 | €130,705 | €203,508 | +€72,803 | +55.7% |
| Stocks and contracts in progress | 3 | €4,952 | €5,552 | +€600 | +12.1% |
| Stocks | 30/36 | €4,952 | €5,552 | +€600 | +12.1% |
| Amounts receivable within one year | 40/41 | €69,759 | €77,852 | +€8,093 | +11.6% |
| Trade receivables | 40 | €30,390 | €38,425 | +€8,035 | +26.4% |
| Other amounts receivable | 41 | €39,369 | €39,427 | +€58 | +0.1% |
| Cash at bank and in hand | 54/58 | €48,781 | €118,977 | +€70,196 | +144% |
| Deferred charges and accrued income | 490/1 | €7,213 | €1,127 | -€6,086 | -84.4% |
| Total equity and liabilities | 10/49 | €330,428 | €369,594 | +€39,166 | +11.9% |
| Equity | 10/15 | €115,997 | €144,771 | +€28,774 | +24.8% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Capital | 10 | €200,000 | €200,000 | = | 0.0% |
| Issued capital | 100 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €41,930 | €41,930 | = | 0.0% |
| Non-distributable reserves | 130/1 | €20,000 | €20,000 | = | 0.0% |
| Legal reserve | 130 | €20,000 | €20,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €21,930 | €21,930 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€125,933 | -€97,159 | +€28,774 | +22.8% |
| Amounts payable | 17/49 | €214,431 | €224,823 | +€10,392 | +4.8% |
| Amounts payable within one year | 42/48 | €214,431 | €224,373 | +€9,942 | +4.6% |
| Trade debts | 44 | €31,907 | €35,545 | +€3,638 | +11.4% |
| Suppliers | 440/4 | €31,907 | €35,545 | +€3,638 | +11.4% |
| Taxes, remuneration and social security | 45 | €52,443 | €56,852 | +€4,409 | +8.4% |
| Taxes | 450/3 | €30,928 | €29,910 | -€1,018 | -3.3% |
| Remuneration and social security | 454/9 | €21,515 | €26,942 | +€5,427 | +25.2% |
| Other amounts payable | 47/48 | €130,081 | €131,976 | +€1,895 | +1.5% |
| Accrued charges and deferred income | 492/3 | - | €450 | +€450 | |
| Turnover | 70 | €458,809 | €568,688 | +€109,879 | +23.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €314,088 | €384,582 | +€70,494 | +22.4% |
| Remuneration, social security and pensions | 62 | €175,723 | €142,835 | -€32,888 | -18.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,831 | €47,185 | +€1,354 | +3.0% |
| Other operating charges | 640/8 | €13,789 | €1,343 | -€12,446 | -90.3% |
| Non-recurring operating charges | 66A | €16,171 | - | -€16,171 | |
| Gross operating margin | 9900 | €188,314 | €222,341 | +€34,027 | +18.1% |
| Operating profit (loss) | 9901 | -€63,200 | €30,978 | +€94,178 | |
| Financial income | 75/76B | €343 | €4 | -€339 | -98.8% |
| Recurring financial income | 75 | €343 | €4 | -€339 | -98.8% |
| Financial charges | 65/66B | €1,354 | €2,208 | +€854 | +63.1% |
| Recurring financial charges | 65 | €1,354 | €2,208 | +€854 | +63.1% |
| Profit (loss) for the period before taxes | 9903 | -€64,211 | €28,774 | +€92,985 | |
| Income taxes | 67/77 | €637 | - | -€637 | |
| Profit (loss) for the period | 9904 | -€64,848 | €28,774 | +€93,622 | |
| Profit (loss) for the period to be appropriated | 9905 | -€64,848 | €28,774 | +€93,622 |
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 14 October 2026 via checked.be.