FRANÇOISE FREDERICK: what changed
Two fiscal 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.
FRANÇOISE FREDERICK
Largest movements
- Cash +€31,385
up €31,385 (+298.5%), from €10,515 to €41,900
mainly Net result for the year (+€24,194) and Deferred charges and accrued income (+€15,148)
- Deferred charges and accrued income -€15,148
down €15,148 (-92.2%), from €16,432 to €1,284
- Receivables within one year +€13,340
up €13,340 (+99.7%), from €13,377 to €26,716
of which Trade receivables: +€11,536
- Profit (loss) carried forward +€23,361
up €23,361 (+74.7%), from €31,271 to €54,631
- Tax, wage and social debts +€6,407
up €6,407 (+76.3%), from €8,395 to €14,801
- Gross operating margin -€10,627
down €10,627 (-24.3%), from €43,819 to €33,193
- Taxes -€1,988
down €1,988 (-23.7%), from €8,395 to €6,407
- Financial charges -€833
down €833 (-36.9%), from €2,256 to €1,423
- Depreciation +€548
up €548 (+227.3%), from €241 to €789
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.
Cash bridge derived
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 | €42,574 | €72,390 | +€29,817 | +70.0% |
| Fixed assets | 21/28 | €2,250 | €2,491 | +€240 | +10.7% |
| Tangible fixed assets | 22/27 | €2,250 | €2,491 | +€240 | +10.7% |
| Plant, machinery and equipment | 23 | €2,250 | €1,752 | -€498 | -22.1% |
| Furniture and vehicles | 24 | - | €739 | +€739 | |
| Current assets | 29/58 | €40,324 | €69,900 | +€29,576 | +73.3% |
| Amounts receivable within one year | 40/41 | €13,377 | €26,716 | +€13,340 | +99.7% |
| Trade receivables | 40 | €8,492 | €20,028 | +€11,536 | +135.8% |
| Other amounts receivable | 41 | €4,884 | €6,688 | +€1,804 | +36.9% |
| Cash at bank and in hand | 54/58 | €10,515 | €41,900 | +€31,385 | +298.5% |
| Deferred charges and accrued income | 490/1 | €16,432 | €1,284 | -€15,148 | -92.2% |
| Total equity and liabilities | 10/49 | €42,574 | €72,390 | +€29,817 | +70.0% |
| Equity | 10/15 | €33,271 | €56,631 | +€23,361 | +70.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,271 | €54,631 | +€23,361 | +74.7% |
| Amounts payable | 17/49 | €9,303 | €15,759 | +€6,456 | +69.4% |
| Amounts payable within one year | 42/48 | €9,303 | €15,759 | +€6,456 | +69.4% |
| Trade debts | 44 | €49 | €125 | +€76 | +154.2% |
| Suppliers | 440/4 | €49 | €125 | +€76 | +154.2% |
| Taxes, remuneration and social security | 45 | €8,395 | €14,801 | +€6,407 | +76.3% |
| Taxes | 450/3 | €8,395 | €14,801 | +€6,407 | +76.3% |
| Other amounts payable | 47/48 | €859 | €833 | -€26 | -3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €241 | €789 | +€548 | +227.3% |
| Other operating charges | 640/8 | €946 | €694 | -€251 | -26.6% |
| Gross operating margin | 9900 | €43,819 | €33,193 | -€10,627 | -24.3% |
| Operating profit (loss) | 9901 | €42,633 | €31,710 | -€10,923 | -25.6% |
| Financial income | 75/76B | €148 | €314 | +€166 | +111.9% |
| Recurring financial income | 75 | €148 | €314 | +€166 | +111.9% |
| Financial charges | 65/66B | €2,256 | €1,423 | -€833 | -36.9% |
| Recurring financial charges | 65 | €2,256 | €1,423 | -€833 | -36.9% |
| Profit (loss) for the period before taxes | 9903 | €40,525 | €30,600 | -€9,924 | -24.5% |
| Income taxes | 67/77 | €8,395 | €6,407 | -€1,988 | -23.7% |
| Profit (loss) for the period | 9904 | €32,130 | €24,194 | -€7,936 | -24.7% |
| Profit (loss) for the period to be appropriated | 9905 | €32,130 | €24,194 | -€7,936 | -24.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.