FRANKLIN: 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.
FRANKLIN
Largest movements
- Cash -€7,059
down €7,059 (-9.0%), from €78,605 to €71,546
mainly Contributions, distributions and other (-€70,000) and Investment in fixed assets (net) (-€4,070)
- Tangible fixed assets +€3,043
up €3,043 (+148%), from €2,060 to €5,103
of which Plant, machinery and equipment: +€1,699
- Profit (loss) carried forward -€2,450
down €2,450 (-3.4%), from €72,865 to €70,415
- Gross operating margin -€6,407
down €6,407 (-6.7%), from €94,947 to €88,540
- Taxes -€2,376
down €2,376 (-11.5%), from €20,575 to €18,199
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 | €95,352 | €92,646 | -€2,706 | -2.8% |
| Formation expenses | 20 | €47 | - | -€47 | |
| Fixed assets | 21/28 | €2,310 | €5,353 | +€3,043 | +132% |
| Tangible fixed assets | 22/27 | €2,060 | €5,103 | +€3,043 | +148% |
| Plant, machinery and equipment | 23 | - | €1,699 | +€1,699 | |
| Furniture and vehicles | 24 | €2,005 | €3,404 | +€1,399 | +69.8% |
| Other tangible fixed assets | 26 | €55 | - | -€55 | |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €92,994 | €87,293 | -€5,701 | -6.1% |
| Amounts receivable within one year | 40/41 | €14,103 | €15,015 | +€912 | +6.5% |
| Trade receivables | 40 | €14,103 | €14,214 | +€111 | +0.8% |
| Other amounts receivable | 41 | - | €801 | +€801 | |
| Cash at bank and in hand | 54/58 | €78,605 | €71,546 | -€7,059 | -9.0% |
| Deferred charges and accrued income | 490/1 | €286 | €732 | +€445 | +156% |
| Total equity and liabilities | 10/49 | €95,352 | €92,646 | -€2,706 | -2.8% |
| Equity | 10/15 | €78,865 | €76,415 | -€2,450 | -3.1% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €72,865 | €70,415 | -€2,450 | -3.4% |
| Amounts payable | 17/49 | €16,487 | €16,231 | -€256 | -1.6% |
| Amounts payable within one year | 42/48 | €16,487 | €16,231 | -€256 | -1.6% |
| Trade debts | 44 | €488 | €912 | +€424 | +86.9% |
| Suppliers | 440/4 | €488 | €912 | +€424 | +86.9% |
| Taxes, remuneration and social security | 45 | €14,312 | €13,701 | -€611 | -4.3% |
| Taxes | 450/3 | €14,312 | €13,701 | -€611 | -4.3% |
| Other amounts payable | 47/48 | €1,687 | €1,618 | -€69 | -4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,475 | €1,075 | -€400 | -27.1% |
| Other operating charges | 640/8 | €1,556 | €791 | -€765 | -49.1% |
| Gross operating margin | 9900 | €94,947 | €88,540 | -€6,407 | -6.7% |
| Operating profit (loss) | 9901 | €91,916 | €86,674 | -€5,242 | -5.7% |
| Financial income | 75/76B | €769 | €0 | -€769 | -100.0% |
| Recurring financial income | 75 | €769 | €0 | -€769 | -100.0% |
| Financial charges | 65/66B | €188 | €926 | +€738 | +392% |
| Recurring financial charges | 65 | €188 | €926 | +€738 | +392% |
| Profit (loss) for the period before taxes | 9903 | €92,497 | €85,749 | -€6,748 | -7.3% |
| Income taxes | 67/77 | €20,575 | €18,199 | -€2,376 | -11.5% |
| Profit (loss) for the period | 9904 | €71,922 | €67,550 | -€4,372 | -6.1% |
| Profit (loss) for the period to be appropriated | 9905 | €71,922 | €67,550 | -€4,372 | -6.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.