FRANKLIN HOUSE: 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 HOUSE
Largest movements
- Cash -€63,159
down €63,159 (-21.0%), from €300,849 to €237,690
mainly Investment in fixed assets (net) (-€59,742) and Net result for the year (-€13,559)
- Tangible fixed assets +€43,539
up €43,539 (+44.8%), from €97,115 to €140,654
of which Furniture and vehicles: +€47,283
- Receivables within one year +€4,104
new in 2025: €4,104
- Profit (loss) carried forward -€13,559
down €13,559 (-123%), from -€11,005 to -€24,564
- Depreciation +€5,415
up €5,415 (+50.2%), from €10,789 to €16,204
- Gross operating margin +€3,619
up €3,619 (+56.1%), from €6,451 to €10,070
- Financial income -€528
no longer reported in 2025 (was €528)
of which Financial income: -€528
- Other operating charges +€233
up €233 (+3.3%), from €7,030 to €7,263
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 | €397,964 | €382,671 | -€15,294 | -3.8% |
| Fixed assets | 21/28 | €97,115 | €140,654 | +€43,539 | +44.8% |
| Tangible fixed assets | 22/27 | €97,115 | €140,654 | +€43,539 | +44.8% |
| Land and buildings | 22 | €72,025 | €69,368 | -€2,657 | -3.7% |
| Furniture and vehicles | 24 | €783 | €48,066 | +€47,283 | +6,043% |
| Other tangible fixed assets | 26 | €24,308 | €23,220 | -€1,088 | -4.5% |
| Current assets | 29/58 | €300,849 | €242,017 | -€58,832 | -19.6% |
| Amounts receivable within one year | 40/41 | - | €4,104 | +€4,104 | |
| Trade receivables | 40 | - | €4,104 | +€4,104 | |
| Cash at bank and in hand | 54/58 | €300,849 | €237,690 | -€63,159 | -21.0% |
| Deferred charges and accrued income | 490/1 | - | €222 | +€222 | |
| Total equity and liabilities | 10/49 | €397,964 | €382,671 | -€15,294 | -3.8% |
| Equity | 10/15 | €395,551 | €381,992 | -€13,559 | -3.4% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €345,056 | €345,056 | = | 0.0% |
| Non-distributable reserves | 130/1 | €35,325 | €35,325 | = | 0.0% |
| Legal reserve | 130 | €35,325 | €35,325 | = | 0.0% |
| Distributable reserves | 133 | €309,731 | €309,731 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,005 | -€24,564 | -€13,559 | -123% |
| Amounts payable | 17/49 | €2,413 | €678 | -€1,735 | -71.9% |
| Amounts payable within one year | 42/48 | €2,026 | €678 | -€1,347 | -66.5% |
| Trade debts | 44 | €2,026 | €678 | -€1,347 | -66.5% |
| Suppliers | 440/4 | €2,026 | €678 | -€1,347 | -66.5% |
| Accrued charges and deferred income | 492/3 | €387 | - | -€387 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,789 | €16,204 | +€5,415 | +50.2% |
| Other operating charges | 640/8 | €7,030 | €7,263 | +€233 | +3.3% |
| Gross operating margin | 9900 | €6,451 | €10,070 | +€3,619 | +56.1% |
| Operating profit (loss) | 9901 | -€11,368 | -€13,397 | -€2,029 | -17.8% |
| Financial income | 75/76B | €528 | - | -€528 | |
| Recurring financial income | 75 | €528 | - | -€528 | |
| Non-recurring financial income | 76B | €528 | - | -€528 | |
| Financial charges | 65/66B | €165 | €162 | -€3 | -1.7% |
| Recurring financial charges | 65 | €165 | €162 | -€3 | -1.7% |
| Profit (loss) for the period before taxes | 9903 | -€11,005 | -€13,559 | -€2,554 | -23.2% |
| Profit (loss) for the period | 9904 | -€11,005 | -€13,559 | -€2,554 | -23.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,005 | -€13,559 | -€2,554 | -23.2% |
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 19 October 2026 via checked.be.