FRANEAU & CO: 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.
FRANEAU & CO
Largest movements
- Receivables within one year -€106,738
down €106,738 (-31.0%), from €344,065 to €237,326
of which Other amounts receivable: -€103,302
- Other debts -€80,991
down €80,991 (-61.7%), from €131,171 to €50,180
- Tax, wage and social debts -€24,450
down €24,450 (-24.1%), from €101,359 to €76,910
- Financial charges +€13,025
up €13,025 (+426%), from €3,060 to €16,086
- Taxes +€10,289
up €10,289 (+2,906%), from €354 to €10,643
- Gross operating margin -€5,098
down €5,098 (-5.4%), from €94,710 to €89,612
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €523,907 | €419,049 | -€104,859 | -20.0% |
| Fixed assets | 21/28 | €179,044 | €181,506 | +€2,462 | +1.4% |
| Tangible fixed assets | 22/27 | €1,875 | €4,338 | +€2,462 | +131% |
| Furniture and vehicles | 24 | €1,875 | €4,338 | +€2,462 | +131% |
| Financial fixed assets | 28 | €177,169 | €177,169 | = | 0.0% |
| Current assets | 29/58 | €344,863 | €237,542 | -€107,321 | -31.1% |
| Amounts receivable within one year | 40/41 | €344,065 | €237,326 | -€106,738 | -31.0% |
| Trade receivables | 40 | €15,152 | €11,715 | -€3,437 | -22.7% |
| Other amounts receivable | 41 | €328,913 | €225,611 | -€103,302 | -31.4% |
| Deferred charges and accrued income | 490/1 | €798 | €216 | -€582 | -72.9% |
| Total equity and liabilities | 10/49 | €523,907 | €419,049 | -€104,859 | -20.0% |
| Equity | 10/15 | €131,206 | €135,931 | +€4,724 | +3.6% |
| Contributions | 10/11 | €27,500 | €27,500 | = | 0.0% |
| Reserves | 13 | €86,603 | €91,327 | +€4,724 | +5.5% |
| Distributable reserves | 133 | €86,603 | €91,327 | +€4,724 | +5.5% |
| Profit (loss) carried forward | 14 | €17,104 | €17,104 | = | 0.0% |
| Provisions and deferred taxes | 16 | €115,518 | €115,518 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €115,518 | €115,518 | = | 0.0% |
| Pensions and similar obligations | 160 | €115,518 | €115,518 | = | 0.0% |
| Amounts payable | 17/49 | €277,183 | €167,599 | -€109,583 | -39.5% |
| Amounts payable within one year | 42/48 | €277,183 | €167,599 | -€109,583 | -39.5% |
| Current portion of amounts payable after more than one year | 42 | €2,257 | €3,358 | +€1,101 | +48.8% |
| Financial debts | 43 | €10,191 | €9,766 | -€425 | -4.2% |
| Credit institutions | 430/8 | €10,191 | €9,766 | -€425 | -4.2% |
| Trade debts | 44 | €32,205 | €27,386 | -€4,819 | -15.0% |
| Suppliers | 440/4 | €32,205 | €27,386 | -€4,819 | -15.0% |
| Taxes, remuneration and social security | 45 | €101,359 | €76,910 | -€24,450 | -24.1% |
| Taxes | 450/3 | €101,359 | €76,910 | -€24,450 | -24.1% |
| Other amounts payable | 47/48 | €131,171 | €50,180 | -€80,991 | -61.7% |
| Non-recurring operating income | 76A | - | €15,153 | +€15,153 | |
| Remuneration, social security and pensions | 62 | €1,600 | €1,839 | +€239 | +14.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,426 | €1,385 | -€41 | -2.9% |
| Other operating charges | 640/8 | €1,829 | €1,466 | -€362 | -19.8% |
| Non-recurring operating charges | 66A | €103,352 | - | -€103,352 | |
| Gross operating margin | 9900 | €94,710 | €89,612 | -€5,098 | -5.4% |
| Operating profit (loss) | 9901 | -€13,497 | €84,921 | +€98,419 | |
| Financial income | 75/76B | €0 | €54 | +€54 | +48,709% |
| Recurring financial income | 75 | €0 | €54 | +€54 | +48,709% |
| Financial charges | 65/66B | €3,060 | €16,086 | +€13,025 | +426% |
| Recurring financial charges | 65 | €3,060 | €16,086 | +€13,025 | +426% |
| Profit (loss) for the period before taxes | 9903 | -€16,557 | €68,889 | +€85,447 | |
| Income taxes | 67/77 | €354 | €10,643 | +€10,289 | +2,906% |
| Profit (loss) for the period | 9904 | -€16,911 | €58,247 | +€75,158 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,911 | €58,247 | +€75,158 |
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 28 October 2026 via checked.be.