FRANKINET LOCATION: 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.
FRANKINET LOCATION
Largest movements
- Cash -€66,999
down €66,999 (-48.8%), from €137,171 to €70,172
mainly Net result for the year (-€46,343) and Receivables within one year (-€34,277)
- Receivables within one year +€34,277
up €34,277 (+66.7%), from €51,354 to €85,631
of which Trade receivables: +€43,444
- Receivables after one year -€10,440
down €10,440 (-10.0%), from €104,736 to €94,296
- Tangible fixed assets +€10,227
up €10,227 (+132.8%), from €7,699 to €17,926
- Financial fixed assets +€8,999
up €8,999 (+519.3%), from €1,733 to €10,732
- Profit (loss) carried forward -€46,344
down €46,344 (-27.4%), from €169,383 to €123,039
- Other debts +€11,833
up €11,833 (+1403.7%), from €843 to €12,676
- Tax, wage and social debts +€11,539
up €11,539 (+63.4%), from €18,192 to €29,731
of which Remuneration and social security: +€9,711
- Gross operating margin +€57,455
up €57,455 (+47.5%), from €120,833 to €178,288
- Staff costs +€17,789
up €17,789 (+9.0%), from €196,923 to €214,712
- Depreciation +€3,638
up €3,638 (+222.5%), from €1,635 to €5,273
- Other operating charges -€3,599
down €3,599 (-65.4%), from €5,501 to €1,902
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 | €302,693 | €278,757 | -€23,936 | -7.9% |
| Fixed assets | 21/28 | €9,432 | €28,658 | +€19,226 | +203.8% |
| Tangible fixed assets | 22/27 | €7,699 | €17,926 | +€10,227 | +132.8% |
| Furniture and vehicles | 24 | €7,699 | €17,926 | +€10,227 | +132.8% |
| Financial fixed assets | 28 | €1,733 | €10,732 | +€8,999 | +519.3% |
| Current assets | 29/58 | €293,261 | €250,099 | -€43,162 | -14.7% |
| Amounts receivable after more than one year | 29 | €104,736 | €94,296 | -€10,440 | -10.0% |
| Other amounts receivable | 291 | €104,736 | €94,296 | -€10,440 | -10.0% |
| Amounts receivable within one year | 40/41 | €51,354 | €85,631 | +€34,277 | +66.7% |
| Trade receivables | 40 | €30,727 | €74,171 | +€43,444 | +141.4% |
| Other amounts receivable | 41 | €20,627 | €11,460 | -€9,167 | -44.4% |
| Cash at bank and in hand | 54/58 | €137,171 | €70,172 | -€66,999 | -48.8% |
| Total equity and liabilities | 10/49 | €302,693 | €278,757 | -€23,936 | -7.9% |
| Equity | 10/15 | €281,968 | €235,625 | -€46,343 | -16.4% |
| Contributions | 10/11 | €30,986 | €30,987 | +€1 | 0.0% |
| Outside capital | 11 | - | €30,987 | +€30,987 | |
| Other | 1109/19 | - | €30,987 | +€30,987 | |
| Reserves | 13 | €81,599 | €81,599 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,099 | €3,099 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,500 | €18,500 | = | 0.0% |
| Distributable reserves | 133 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €169,383 | €123,039 | -€46,344 | -27.4% |
| Amounts payable | 17/49 | €20,725 | €43,132 | +€22,407 | +108.1% |
| Amounts payable within one year | 42/48 | €20,725 | €43,132 | +€22,407 | +108.1% |
| Trade debts | 44 | €1,690 | €725 | -€965 | -57.1% |
| Suppliers | 440/4 | €1,690 | €725 | -€965 | -57.1% |
| Taxes, remuneration and social security | 45 | €18,192 | €29,731 | +€11,539 | +63.4% |
| Taxes | 450/3 | €12,217 | €14,045 | +€1,828 | +15.0% |
| Remuneration and social security | 454/9 | €5,975 | €15,686 | +€9,711 | +162.5% |
| Other amounts payable | 47/48 | €843 | €12,676 | +€11,833 | +1403.7% |
| Remuneration, social security and pensions | 62 | €196,923 | €214,712 | +€17,789 | +9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,635 | €5,273 | +€3,638 | +222.5% |
| Other operating charges | 640/8 | €5,501 | €1,902 | -€3,599 | -65.4% |
| Gross operating margin | 9900 | €120,833 | €178,288 | +€57,455 | +47.5% |
| Operating profit (loss) | 9901 | -€83,226 | -€43,599 | +€39,627 | +47.6% |
| Financial income | 75/76B | €588 | €307 | -€281 | -47.8% |
| Recurring financial income | 75 | €588 | €307 | -€281 | -47.8% |
| Financial charges | 65/66B | €2,902 | €3,051 | +€149 | +5.1% |
| Recurring financial charges | 65 | €2,902 | €3,051 | +€149 | +5.1% |
| Profit (loss) for the period before taxes | 9903 | -€85,540 | -€46,343 | +€39,197 | +45.8% |
| Profit (loss) for the period | 9904 | -€85,540 | -€46,343 | +€39,197 | +45.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€85,540 | -€46,343 | +€39,197 | +45.8% |
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 3 October 2026 via checked.be.