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
- Receivables within one year -€67,029
down €67,029 (-93.5%), from €71,667 to €4,637
of which Trade receivables: -€71,667
- Cash -€17,611
down €17,611 (-31.2%), from €56,383 to €38,772
mainly Advances received (-€69,972) and Other debts (-€10,424)
- Advances received -€69,972
no longer reported in 2025 (was €69,972)
- Other debts -€10,424
no longer reported in 2025 (was €10,424)
- Profit (loss) carried forward -€7,495
down €7,495 (-29.1%), from -€25,755 to -€33,250
- Trade debts +€2,818
up €2,818 (+110%), from €2,569 to €5,387
- Gross operating margin -€31,876
down €31,876, from €25,555 to -€6,321
- Other operating charges -€707
down €707 (-38.3%), from €1,847 to €1,140
- Depreciation -€366
no longer reported in 2025 (was €366)
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 | €128,782 | €43,409 | -€85,373 | -66.3% |
| Fixed assets | 21/28 | €732 | - | -€732 | |
| Tangible fixed assets | 22/27 | €732 | - | -€732 | |
| Furniture and vehicles | 24 | €732 | - | -€732 | |
| Current assets | 29/58 | €128,049 | €43,409 | -€84,641 | -66.1% |
| Amounts receivable within one year | 40/41 | €71,667 | €4,637 | -€67,029 | -93.5% |
| Trade receivables | 40 | €71,667 | - | -€71,667 | |
| Other amounts receivable | 41 | - | €4,637 | +€4,637 | |
| Cash at bank and in hand | 54/58 | €56,383 | €38,772 | -€17,611 | -31.2% |
| Total equity and liabilities | 10/49 | €128,782 | €43,409 | -€85,373 | -66.3% |
| Equity | 10/15 | -€5,295 | -€12,790 | -€7,495 | -142% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,755 | -€33,250 | -€7,495 | -29.1% |
| Provisions and deferred taxes | 16 | €50,812 | €50,812 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €50,812 | €50,812 | = | 0.0% |
| Pensions and similar obligations | 160 | €50,812 | €50,812 | = | 0.0% |
| Amounts payable | 17/49 | €83,265 | €5,387 | -€77,878 | -93.5% |
| Amounts payable within one year | 42/48 | €83,265 | €5,387 | -€77,878 | -93.5% |
| Trade debts | 44 | €2,569 | €5,387 | +€2,818 | +110% |
| Suppliers | 440/4 | €2,569 | €5,387 | +€2,818 | +110% |
| Advances received on contracts in progress | 46 | €69,972 | - | -€69,972 | |
| Taxes, remuneration and social security | 45 | €300 | - | -€300 | |
| Taxes | 450/3 | €300 | - | -€300 | |
| Other amounts payable | 47/48 | €10,424 | - | -€10,424 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €366 | - | -€366 | |
| Other operating charges | 640/8 | €1,847 | €1,140 | -€707 | -38.3% |
| Gross operating margin | 9900 | €25,555 | -€6,321 | -€31,876 | |
| Operating profit (loss) | 9901 | €23,341 | -€7,461 | -€30,802 | |
| Financial charges | 65/66B | €45 | €34 | -€11 | -25.0% |
| Recurring financial charges | 65 | €45 | €34 | -€11 | -25.0% |
| Profit (loss) for the period before taxes | 9903 | €23,296 | -€7,495 | -€30,791 | |
| Profit (loss) for the period | 9904 | €23,296 | -€7,495 | -€30,791 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,296 | -€7,495 | -€30,791 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.