FRANIC POLYESTER: 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.
FRANIC POLYESTER
Largest movements
- Cash +€193,723
up €193,723 (+153.4%), from €126,309 to €320,032
mainly Net result for the year (+€157,687) and Receivables within one year (+€32,407)
- Receivables within one year -€32,407
down €32,407 (-71.0%), from €45,633 to €13,226
of which Trade receivables: -€34,814
- Tangible fixed assets -€14,814
down €14,814 (-4.7%), from €315,557 to €300,743
of which Land and buildings: -€15,329
- Reserves +€157,687
up €157,687 (+103.0%), from €153,057 to €310,744
- Debts after one year -€12,662
down €12,662 (-4.8%), from €262,879 to €250,217
- Trade debts +€8,056
up €8,056 (+187.2%), from €4,303 to €12,359
- Gross operating margin +€140,653
up €140,653 (+87.8%), from €160,132 to €300,785
- Taxes +€43,545
up €43,545 (+176.4%), from €24,686 to €68,231
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 | €504,967 | €655,796 | +€150,829 | +29.9% |
| Fixed assets | 21/28 | €315,837 | €301,023 | -€14,814 | -4.7% |
| Tangible fixed assets | 22/27 | €315,557 | €300,743 | -€14,814 | -4.7% |
| Land and buildings | 22 | €309,357 | €294,028 | -€15,329 | -5.0% |
| Plant, machinery and equipment | 23 | €2,470 | €2,551 | +€81 | +3.3% |
| Furniture and vehicles | 24 | €3,730 | €4,164 | +€433 | +11.6% |
| Financial fixed assets | 28 | €280 | €280 | = | 0.0% |
| Current assets | 29/58 | €189,129 | €354,773 | +€165,643 | +87.6% |
| Stocks and contracts in progress | 3 | €14,700 | €18,612 | +€3,912 | +26.6% |
| Stocks | 30/36 | €14,700 | €18,612 | +€3,912 | +26.6% |
| Amounts receivable within one year | 40/41 | €45,633 | €13,226 | -€32,407 | -71.0% |
| Trade receivables | 40 | €45,633 | €10,819 | -€34,814 | -76.3% |
| Other amounts receivable | 41 | €0 | €2,407 | +€2,407 | |
| Cash at bank and in hand | 54/58 | €126,309 | €320,032 | +€193,723 | +153.4% |
| Deferred charges and accrued income | 490/1 | €2,487 | €2,903 | +€415 | +16.7% |
| Total equity and liabilities | 10/49 | €504,967 | €655,796 | +€150,829 | +29.9% |
| Equity | 10/15 | €203,300 | €360,154 | +€156,854 | +77.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €153,057 | €310,744 | +€157,687 | +103.0% |
| Distributable reserves | 133 | €153,057 | €310,744 | +€157,687 | +103.0% |
| Profit (loss) carried forward | 14 | €31,643 | €30,810 | -€833 | -2.6% |
| Amounts payable | 17/49 | €301,667 | €295,642 | -€6,025 | -2.0% |
| Amounts payable after more than one year | 17 | €262,879 | €250,217 | -€12,662 | -4.8% |
| Financial debts | 170/4 | €262,879 | €250,217 | -€12,662 | -4.8% |
| Amounts payable within one year | 42/48 | €38,742 | €45,397 | +€6,655 | +17.2% |
| Current portion of amounts payable after more than one year | 42 | €12,352 | €12,662 | +€310 | +2.5% |
| Trade debts | 44 | €4,303 | €12,359 | +€8,056 | +187.2% |
| Suppliers | 440/4 | €4,303 | €12,359 | +€8,056 | +187.2% |
| Taxes, remuneration and social security | 45 | €17,695 | €15,287 | -€2,408 | -13.6% |
| Taxes | 450/3 | €9,996 | €10,166 | +€170 | +1.7% |
| Remuneration and social security | 454/9 | €7,699 | €5,121 | -€2,578 | -33.5% |
| Other amounts payable | 47/48 | €4,392 | €5,089 | +€697 | +15.9% |
| Accrued charges and deferred income | 492/3 | €46 | €28 | -€18 | -38.8% |
| Remuneration, social security and pensions | 62 | €45,150 | €47,099 | +€1,950 | +4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,943 | €17,457 | +€514 | +3.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€1,050 | -€1,050 | |
| Other operating charges | 640/8 | €2,232 | €4,267 | +€2,034 | +91.1% |
| Gross operating margin | 9900 | €160,132 | €300,785 | +€140,653 | +87.8% |
| Operating profit (loss) | 9901 | €95,806 | €233,012 | +€137,206 | +143.2% |
| Financial income | 75/76B | €99 | €32 | -€67 | -67.7% |
| Recurring financial income | 75 | €99 | €32 | -€67 | -67.7% |
| Financial charges | 65/66B | €7,465 | €7,126 | -€340 | -4.6% |
| Recurring financial charges | 65 | €7,465 | €7,126 | -€340 | -4.6% |
| Profit (loss) for the period before taxes | 9903 | €88,439 | €225,918 | +€137,479 | +155.4% |
| Income taxes | 67/77 | €24,686 | €68,231 | +€43,545 | +176.4% |
| Profit (loss) for the period | 9904 | €63,753 | €157,687 | +€93,934 | +147.3% |
| Profit (loss) for the period to be appropriated | 9905 | €63,753 | €157,687 | +€93,934 | +147.3% |
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 6 October 2026 via checked.be.