Franelle: 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.
Franelle
Largest movements
- Cash +€57,951
up €57,951 (+137.7%), from €42,085 to €100,036
mainly Net result for the year (+€62,175) and Tax, wage and social debts (+€2,456)
- Receivables within one year +€5,848
up €5,848 (+42.2%), from €13,842 to €19,690
of which Trade receivables: +€5,314
- Reserves +€61,342
up €61,342 (+138.7%), from €44,216 to €105,557
- Tax, wage and social debts +€2,456
up €2,456 (+35.2%), from €6,977 to €9,432
of which Taxes: +€2,461
- Gross operating margin +€21,644
up €21,644 (+37.5%), from €57,676 to €79,320
- Taxes +€4,253
up €4,253 (+33.8%), from €12,589 to €16,842
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 | €56,227 | €120,687 | +€64,460 | +114.6% |
| Current assets | 29/58 | €56,227 | €120,687 | +€64,460 | +114.6% |
| Amounts receivable within one year | 40/41 | €13,842 | €19,690 | +€5,848 | +42.2% |
| Trade receivables | 40 | €10,730 | €16,045 | +€5,314 | +49.5% |
| Other amounts receivable | 41 | €3,111 | €3,645 | +€533 | +17.1% |
| Cash at bank and in hand | 54/58 | €42,085 | €100,036 | +€57,951 | +137.7% |
| Deferred charges and accrued income | 490/1 | €301 | €962 | +€661 | +219.6% |
| Total equity and liabilities | 10/49 | €56,227 | €120,687 | +€64,460 | +114.6% |
| Equity | 10/15 | €47,716 | €109,057 | +€61,342 | +128.6% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €44,216 | €105,557 | +€61,342 | +138.7% |
| Distributable reserves | 133 | €44,216 | €105,557 | +€61,342 | +138.7% |
| Amounts payable | 17/49 | €8,512 | €11,630 | +€3,118 | +36.6% |
| Amounts payable within one year | 42/48 | €8,512 | €11,630 | +€3,118 | +36.6% |
| Trade debts | 44 | €676 | €1,364 | +€688 | +101.8% |
| Suppliers | 440/4 | €676 | €1,364 | +€688 | +101.8% |
| Taxes, remuneration and social security | 45 | €6,977 | €9,432 | +€2,456 | +35.2% |
| Taxes | 450/3 | €6,972 | €9,432 | +€2,461 | +35.3% |
| Remuneration and social security | 454/9 | €5 | - | -€5 | |
| Other amounts payable | 47/48 | €859 | €833 | -€26 | -3.0% |
| Other operating charges | 640/8 | - | €128 | +€128 | |
| Gross operating margin | 9900 | €57,676 | €79,320 | +€21,644 | +37.5% |
| Operating profit (loss) | 9901 | €57,676 | €79,192 | +€21,516 | +37.3% |
| Financial income | 75/76B | €15 | - | -€15 | |
| Recurring financial income | 75 | €15 | - | -€15 | |
| Financial charges | 65/66B | €27 | €176 | +€149 | +550.6% |
| Recurring financial charges | 65 | €27 | €176 | +€149 | +550.6% |
| Profit (loss) for the period before taxes | 9903 | €57,664 | €79,016 | +€21,353 | +37.0% |
| Income taxes | 67/77 | €12,589 | €16,842 | +€4,253 | +33.8% |
| Profit (loss) for the period | 9904 | €45,075 | €62,175 | +€17,100 | +37.9% |
| Profit (loss) for the period to be appropriated | 9905 | €45,075 | €62,175 | +€17,100 | +37.9% |
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 8 October 2026 via checked.be.