FRANIS: 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.
FRANIS
Largest movements
- Cash -€83,559
down €83,559 (-27.4%), from €305,498 to €221,939
mainly Investment in fixed assets (net) (-€63,691) and Net result for the year (-€38,664)
- Tangible fixed assets +€45,046
up €45,046 (+785%), from €5,738 to €50,784
of which Furniture and vehicles: +€43,849
- Receivables within one year -€41,641
down €41,641 (-78.2%), from €53,218 to €11,577
of which Trade receivables: -€42,330
- Stocks and contracts -€18,943
down €18,943 (-26.1%), from €72,545 to €53,601
- Reserves -€38,664
down €38,664 (-9.7%), from €399,764 to €361,099
- Advances received -€31,562
down €31,562 (-90.2%), from €35,010 to €3,448
- Tax, wage and social debts -€22,068
down €22,068 (-86.7%), from €25,450 to €3,383
of which Remuneration and social security: -€18,004
- Trade debts -€8,199
down €8,199 (-70.5%), from €11,624 to €3,426
- Staff costs -€75,604
down €75,604 (-56.7%), from €133,363 to €57,760
- Gross operating margin -€31,125
down €31,125 (-34.6%), from €89,866 to €58,741
- Write-downs +€15,013
new in 2025: €15,013
- Depreciation +€12,866
up €12,866 (+228%), from €5,635 to €18,501
- Taxes -€4,898
down €4,898 (-96.2%), from €5,093 to €196
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
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 | €540,339 | €442,305 | -€98,033 | -18.1% |
| Fixed assets | 21/28 | €10,868 | €56,057 | +€45,190 | +416% |
| Intangible fixed assets | 21 | €5,130 | €5,273 | +€143 | +2.8% |
| Tangible fixed assets | 22/27 | €5,738 | €50,784 | +€45,046 | +785% |
| Land and buildings | 22 | €4,344 | €4,496 | +€152 | +3.5% |
| Plant, machinery and equipment | 23 | €634 | €1,680 | +€1,046 | +165% |
| Furniture and vehicles | 24 | €760 | €44,609 | +€43,849 | +5,769% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €529,471 | €386,248 | -€143,223 | -27.1% |
| Amounts receivable after more than one year | 29 | €92,000 | €92,000 | = | 0.0% |
| Other amounts receivable | 291 | €92,000 | €92,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €72,545 | €53,601 | -€18,943 | -26.1% |
| Stocks | 30/36 | €72,545 | €53,601 | -€18,943 | -26.1% |
| Amounts receivable within one year | 40/41 | €53,218 | €11,577 | -€41,641 | -78.2% |
| Trade receivables | 40 | €48,570 | €6,240 | -€42,330 | -87.2% |
| Other amounts receivable | 41 | €4,648 | €5,337 | +€690 | +14.8% |
| Cash at bank and in hand | 54/58 | €305,498 | €221,939 | -€83,559 | -27.4% |
| Deferred charges and accrued income | 490/1 | €6,210 | €7,130 | +€920 | +14.8% |
| Total equity and liabilities | 10/49 | €540,339 | €442,305 | -€98,033 | -18.1% |
| Equity | 10/15 | €408,448 | €369,783 | -€38,664 | -9.5% |
| Contributions | 10/11 | €8,684 | €8,684 | = | 0.0% |
| Reserves | 13 | €399,764 | €361,099 | -€38,664 | -9.7% |
| Distributable reserves | 133 | €399,764 | €361,099 | -€38,664 | -9.7% |
| Amounts payable | 17/49 | €131,891 | €72,522 | -€59,369 | -45.0% |
| Amounts payable within one year | 42/48 | €131,891 | €72,522 | -€59,369 | -45.0% |
| Trade debts | 44 | €11,624 | €3,426 | -€8,199 | -70.5% |
| Suppliers | 440/4 | €11,624 | €3,426 | -€8,199 | -70.5% |
| Advances received on contracts in progress | 46 | €35,010 | €3,448 | -€31,562 | -90.2% |
| Taxes, remuneration and social security | 45 | €25,450 | €3,383 | -€22,068 | -86.7% |
| Taxes | 450/3 | €6,551 | €2,487 | -€4,063 | -62.0% |
| Remuneration and social security | 454/9 | €18,900 | €896 | -€18,004 | -95.3% |
| Other amounts payable | 47/48 | €59,806 | €62,266 | +€2,459 | +4.1% |
| Remuneration, social security and pensions | 62 | €133,363 | €57,760 | -€75,604 | -56.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,635 | €18,501 | +€12,866 | +228% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €15,013 | +€15,013 | |
| Other operating charges | 640/8 | €5,827 | €9,683 | +€3,856 | +66.2% |
| Gross operating margin | 9900 | €89,866 | €58,741 | -€31,125 | -34.6% |
| Operating profit (loss) | 9901 | -€54,959 | -€42,216 | +€12,743 | +23.2% |
| Financial income | 75/76B | €4,048 | €5,352 | +€1,304 | +32.2% |
| Recurring financial income | 75 | €4,048 | €5,352 | +€1,304 | +32.2% |
| Financial charges | 65/66B | €2,458 | €1,605 | -€853 | -34.7% |
| Recurring financial charges | 65 | €2,458 | €1,605 | -€853 | -34.7% |
| Profit (loss) for the period before taxes | 9903 | -€53,369 | -€38,469 | +€14,901 | +27.9% |
| Income taxes | 67/77 | €5,093 | €196 | -€4,898 | -96.2% |
| Profit (loss) for the period | 9904 | -€58,463 | -€38,664 | +€19,798 | +33.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€58,463 | -€38,664 | +€19,798 | +33.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.