FRANGIMMO: 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.
FRANGIMMO
Largest movements
- Cash +€25,698
up €25,698 (+40.7%), from €63,154 to €88,852
mainly Depreciation (+€46,182) and Net result for the year (+€20,445)
- Tangible fixed assets +€10,894
up €10,894 (+2.7%), from €411,043 to €421,937
of which Land and buildings: +€10,951
- Receivables within one year +€6,056
up €6,056, from €0 to €6,056
- Profit (loss) carried forward +€20,445
up €20,445 (+265.8%), from €7,692 to €28,137
- Debts after one year +€12,732
up €12,732 (+3.1%), from €410,919 to €423,651
- Trade debts +€9,171
up €9,171 (+547.7%), from €1,675 to €10,846
- Current portion of long-term debt +€5,192
up €5,192 (+15.0%), from €34,587 to €39,778
- Taxes +€4,784
up €4,784 (+211.9%), from €2,258 to €7,042
- Gross operating margin -€3,190
down €3,190 (-3.6%), from €89,772 to €86,582
- Depreciation +€1,863
up €1,863 (+4.2%), from €44,320 to €46,182
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 | €474,417 | €517,071 | +€42,653 | +9.0% |
| Fixed assets | 21/28 | €411,043 | €421,937 | +€10,894 | +2.7% |
| Tangible fixed assets | 22/27 | €411,043 | €421,937 | +€10,894 | +2.7% |
| Land and buildings | 22 | €410,985 | €421,937 | +€10,951 | +2.7% |
| Furniture and vehicles | 24 | €58 | €0 | -€58 | -100.0% |
| Current assets | 29/58 | €63,374 | €95,134 | +€31,760 | +50.1% |
| Amounts receivable within one year | 40/41 | €0 | €6,056 | +€6,056 | |
| Other amounts receivable | 41 | €0 | €6,056 | +€6,056 | |
| Cash at bank and in hand | 54/58 | €63,154 | €88,852 | +€25,698 | +40.7% |
| Deferred charges and accrued income | 490/1 | €220 | €226 | +€6 | +2.8% |
| Total equity and liabilities | 10/49 | €474,417 | €517,071 | +€42,653 | +9.0% |
| Equity | 10/15 | €20,092 | €40,537 | +€20,445 | +101.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,692 | €28,137 | +€20,445 | +265.8% |
| Amounts payable | 17/49 | €454,325 | €476,533 | +€22,208 | +4.9% |
| Amounts payable after more than one year | 17 | €410,919 | €423,651 | +€12,732 | +3.1% |
| Financial debts | 170/4 | €410,919 | €423,651 | +€12,732 | +3.1% |
| Amounts payable within one year | 42/48 | €43,406 | €52,882 | +€9,476 | +21.8% |
| Current portion of amounts payable after more than one year | 42 | €34,587 | €39,778 | +€5,192 | +15.0% |
| Trade debts | 44 | €1,675 | €10,846 | +€9,171 | +547.7% |
| Suppliers | 440/4 | €1,675 | €10,846 | +€9,171 | +547.7% |
| Taxes, remuneration and social security | 45 | €2,258 | €2,258 | = | 0.0% |
| Taxes | 450/3 | €2,258 | €2,258 | = | 0.0% |
| Other amounts payable | 47/48 | €4,887 | €0 | -€4,887 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,320 | €46,182 | +€1,863 | +4.2% |
| Other operating charges | 640/8 | €6,213 | €6,408 | +€195 | +3.1% |
| Gross operating margin | 9900 | €89,772 | €86,582 | -€3,190 | -3.6% |
| Operating profit (loss) | 9901 | €39,240 | €33,992 | -€5,248 | -13.4% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €6,236 | €6,507 | +€272 | +4.4% |
| Recurring financial charges | 65 | €6,236 | €6,507 | +€272 | +4.4% |
| Profit (loss) for the period before taxes | 9903 | €33,004 | €27,487 | -€5,517 | -16.7% |
| Income taxes | 67/77 | €2,258 | €7,042 | +€4,784 | +211.9% |
| Profit (loss) for the period | 9904 | €30,746 | €20,445 | -€10,301 | -33.5% |
| Profit (loss) for the period to be appropriated | 9905 | €30,746 | €20,445 | -€10,301 | -33.5% |
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 2 October 2026 via checked.be.