FRANKD: 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.
FRANKD
Largest movements
- Tangible fixed assets -€27,192
down €27,192 (-16.2%), from €168,191 to €140,999
of which Plant, machinery and equipment: -€15,870
- Receivables within one year -€5,258
down €5,258 (-36.2%), from €14,537 to €9,279
of which Trade receivables: -€5,193
- Cash -€3,290
down €3,290 (-6.2%), from €53,204 to €49,914
mainly Debts after one year (-€24,801) and Investment in fixed assets (net) (-€8,276)
- Debts after one year -€24,801
down €24,801 (-30.9%), from €80,352 to €55,552
- Trade debts -€7,161
down €7,161 (-79.2%), from €9,041 to €1,880
- Current portion of long-term debt -€3,723
down €3,723 (-14.8%), from €25,121 to €21,398
- Staff costs +€20,449
up €20,449 (+78.2%), from €26,166 to €46,615
- Gross operating margin -€11,009
down €11,009 (-11.0%), from €100,375 to €89,365
- Financial charges -€3,555
down €3,555 (-43.5%), from €8,179 to €4,623
- Depreciation +€2,816
up €2,816 (+8.6%), from €32,651 to €35,468
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 | €236,907 | €201,480 | -€35,427 | -15.0% |
| Fixed assets | 21/28 | €168,191 | €140,999 | -€27,192 | -16.2% |
| Tangible fixed assets | 22/27 | €168,191 | €140,999 | -€27,192 | -16.2% |
| Plant, machinery and equipment | 23 | €77,745 | €61,874 | -€15,870 | -20.4% |
| Furniture and vehicles | 24 | €2,048 | €315 | -€1,733 | -84.6% |
| Other tangible fixed assets | 26 | €88,398 | €78,809 | -€9,589 | -10.8% |
| Current assets | 29/58 | €68,716 | €60,481 | -€8,235 | -12.0% |
| Stocks and contracts in progress | 3 | €975 | €1,287 | +€312 | +32.0% |
| Stocks | 30/36 | €975 | €1,287 | +€312 | +32.0% |
| Amounts receivable within one year | 40/41 | €14,537 | €9,279 | -€5,258 | -36.2% |
| Trade receivables | 40 | €14,472 | €9,279 | -€5,193 | -35.9% |
| Other amounts receivable | 41 | €65 | - | -€65 | |
| Cash at bank and in hand | 54/58 | €53,204 | €49,914 | -€3,290 | -6.2% |
| Total equity and liabilities | 10/49 | €236,907 | €201,480 | -€35,427 | -15.0% |
| Equity | 10/15 | €53,551 | €55,175 | +€1,623 | +3.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,951 | €36,575 | +€1,623 | +4.6% |
| Amounts payable | 17/49 | €183,356 | €146,305 | -€37,051 | -20.2% |
| Amounts payable after more than one year | 17 | €80,352 | €55,552 | -€24,801 | -30.9% |
| Financial debts | 170/4 | €80,352 | €55,552 | -€24,801 | -30.9% |
| Amounts payable within one year | 42/48 | €103,003 | €90,753 | -€12,250 | -11.9% |
| Current portion of amounts payable after more than one year | 42 | €25,121 | €21,398 | -€3,723 | -14.8% |
| Trade debts | 44 | €9,041 | €1,880 | -€7,161 | -79.2% |
| Suppliers | 440/4 | €9,041 | €1,880 | -€7,161 | -79.2% |
| Taxes, remuneration and social security | 45 | €11,407 | €11,850 | +€442 | +3.9% |
| Taxes | 450/3 | €4,970 | €7,852 | +€2,882 | +58.0% |
| Remuneration and social security | 454/9 | €6,437 | €3,997 | -€2,440 | -37.9% |
| Other amounts payable | 47/48 | €57,434 | €55,626 | -€1,808 | -3.1% |
| Remuneration, social security and pensions | 62 | €26,166 | €46,615 | +€20,449 | +78.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,651 | €35,468 | +€2,816 | +8.6% |
| Other operating charges | 640/8 | €901 | €991 | +€90 | +10.0% |
| Gross operating margin | 9900 | €100,375 | €89,365 | -€11,009 | -11.0% |
| Operating profit (loss) | 9901 | €40,657 | €6,292 | -€34,364 | -84.5% |
| Financial income | 75/76B | €2 | €94 | +€91 | +3689.1% |
| Recurring financial income | 75 | €2 | €94 | +€91 | +3689.1% |
| Financial charges | 65/66B | €8,179 | €4,623 | -€3,555 | -43.5% |
| Recurring financial charges | 65 | €8,179 | €4,623 | -€3,555 | -43.5% |
| Profit (loss) for the period before taxes | 9903 | €32,480 | €1,763 | -€30,718 | -94.6% |
| Income taxes | 67/77 | €120 | €140 | +€20 | +16.2% |
| Profit (loss) for the period | 9904 | €32,360 | €1,623 | -€30,737 | -95.0% |
| Profit (loss) for the period to be appropriated | 9905 | €32,360 | €1,623 | -€30,737 | -95.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.