FRANCOR: 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.
FRANCOR
Largest movements
- Receivables within one year +€17,916
up €17,916 (+9.7%), from €185,401 to €203,316
- Tangible fixed assets -€13,357
down €13,357 (-1.3%), from €1.0m to €999,663
- Debts after one year -€32,531
down €32,531 (-15.1%), from €215,049 to €182,518
- Reserves +€30,848
up €30,848 (+8.6%), from €358,817 to €389,666
of which Distributable reserves: +€30,848
- Gross operating margin +€9,179
up €9,179 (+11.4%), from €80,709 to €89,888
- Taxes +€2,546
up €2,546 (+19.8%), from €12,885 to €15,431
- Other operating charges +€1,455
up €1,455 (+10.1%), from €14,427 to €15,882
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 | €1,200,972 | €1,204,994 | +€4,022 | +0.3% |
| Fixed assets | 21/28 | €1,013,020 | €999,663 | -€13,357 | -1.3% |
| Tangible fixed assets | 22/27 | €1,013,020 | €999,663 | -€13,357 | -1.3% |
| Land and buildings | 22 | €1,013,020 | €999,663 | -€13,357 | -1.3% |
| Current assets | 29/58 | €187,952 | €205,331 | +€17,380 | +9.2% |
| Amounts receivable within one year | 40/41 | €185,401 | €203,316 | +€17,916 | +9.7% |
| Trade receivables | 40 | €185,401 | €203,316 | +€17,916 | +9.7% |
| Cash at bank and in hand | 54/58 | €1,992 | €1,432 | -€560 | -28.1% |
| Deferred charges and accrued income | 490/1 | €559 | €584 | +€24 | +4.3% |
| Total equity and liabilities | 10/49 | €1,200,972 | €1,204,994 | +€4,022 | +0.3% |
| Equity | 10/15 | €646,374 | €677,222 | +€30,848 | +4.8% |
| Contributions | 10/11 | €287,556 | €287,556 | = | 0.0% |
| Capital | 10 | €287,556 | €287,556 | = | 0.0% |
| Issued capital | 100 | €287,556 | €287,556 | = | 0.0% |
| Reserves | 13 | €358,817 | €389,666 | +€30,848 | +8.6% |
| Non-distributable reserves | 130/1 | €28,756 | €28,756 | = | 0.0% |
| Legal reserve | 130 | €28,756 | €28,756 | = | 0.0% |
| Distributable reserves | 133 | €330,062 | €360,910 | +€30,848 | +9.3% |
| Amounts payable | 17/49 | €554,598 | €527,772 | -€26,826 | -4.8% |
| Amounts payable after more than one year | 17 | €215,049 | €182,518 | -€32,531 | -15.1% |
| Financial debts | 170/4 | €215,049 | €182,518 | -€32,531 | -15.1% |
| Amounts payable within one year | 42/48 | €328,939 | €334,644 | +€5,705 | +1.7% |
| Current portion of amounts payable after more than one year | 42 | €32,018 | €32,531 | +€513 | +1.6% |
| Trade debts | 44 | €11,047 | €8,551 | -€2,496 | -22.6% |
| Suppliers | 440/4 | €11,047 | €8,551 | -€2,496 | -22.6% |
| Taxes, remuneration and social security | 45 | €20,629 | €28,316 | +€7,687 | +37.3% |
| Taxes | 450/3 | €20,629 | €28,316 | +€7,687 | +37.3% |
| Other amounts payable | 47/48 | €265,246 | €265,246 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €10,610 | €10,610 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,357 | €13,357 | = | 0.0% |
| Other operating charges | 640/8 | €14,427 | €15,882 | +€1,455 | +10.1% |
| Gross operating margin | 9900 | €80,709 | €89,888 | +€9,179 | +11.4% |
| Operating profit (loss) | 9901 | €52,925 | €60,649 | +€7,724 | +14.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €14,875 | €14,370 | -€505 | -3.4% |
| Recurring financial charges | 65 | €14,875 | €14,370 | -€505 | -3.4% |
| Profit (loss) for the period before taxes | 9903 | €38,050 | €46,279 | +€8,229 | +21.6% |
| Income taxes | 67/77 | €12,885 | €15,431 | +€2,546 | +19.8% |
| Profit (loss) for the period | 9904 | €25,165 | €30,848 | +€5,684 | +22.6% |
| Profit (loss) for the period to be appropriated | 9905 | €25,165 | €30,848 | +€5,684 | +22.6% |
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 3 October 2026 via checked.be.