FRANKOBA: 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.
FRANKOBA
Largest movements
- Tangible fixed assets -€67,922
down €67,922 (-3.3%), from €2.1m to €2.0m
of which Land and buildings: -€57,421
- Receivables after one year +€50,370
new in 2025: €50,370
- Reserves +€116,450
up €116,450 (+12.6%), from €924,000 to €1.0m
- Other debts -€80,131
down €80,131 (-98.7%), from €81,189 to €1,058
- Debts after one year -€56,457
down €56,457 (-15.0%), from €375,526 to €319,069
- Depreciation -€28,253
down €28,253 (-26.9%), from €105,083 to €76,830
- Financial income -€24,176
down €24,176 (-37.2%), from €65,000 to €40,825
- Gross operating margin +€14,133
up €14,133 (+8.4%), from €168,613 to €182,746
- Taxes +€8,865
up €8,865 (+50.8%), from €17,450 to €26,316
- Other operating charges -€5,660
down €5,660 (-43.2%), from €13,106 to €7,446
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 | €3,237,302 | €3,186,316 | -€50,986 | -1.6% |
| Fixed assets | 21/28 | €3,170,850 | €3,102,928 | -€67,922 | -2.1% |
| Tangible fixed assets | 22/27 | €2,081,850 | €2,013,928 | -€67,922 | -3.3% |
| Land and buildings | 22 | €2,053,483 | €1,996,062 | -€57,421 | -2.8% |
| Furniture and vehicles | 24 | €28,367 | €17,866 | -€10,501 | -37.0% |
| Financial fixed assets | 28 | €1,089,000 | €1,089,000 | = | 0.0% |
| Current assets | 29/58 | €66,451 | €83,387 | +€16,936 | +25.5% |
| Amounts receivable after more than one year | 29 | - | €50,370 | +€50,370 | |
| Other amounts receivable | 291 | - | €50,370 | +€50,370 | |
| Amounts receivable within one year | 40/41 | €35,348 | €16,423 | -€18,925 | -53.5% |
| Trade receivables | 40 | €34,788 | €16,125 | -€18,663 | -53.6% |
| Other amounts receivable | 41 | €561 | €298 | -€263 | -46.9% |
| Cash at bank and in hand | 54/58 | €16,703 | €7,595 | -€9,109 | -54.5% |
| Deferred charges and accrued income | 490/1 | €14,400 | €9,000 | -€5,400 | -37.5% |
| Total equity and liabilities | 10/49 | €3,237,302 | €3,186,316 | -€50,986 | -1.6% |
| Equity | 10/15 | €2,719,325 | €2,816,502 | +€97,177 | +3.6% |
| Contributions | 10/11 | €1,762,000 | €1,762,000 | = | 0.0% |
| Reserves | 13 | €924,000 | €1,040,450 | +€116,450 | +12.6% |
| Distributable reserves | 133 | €924,000 | €1,040,450 | +€116,450 | +12.6% |
| Profit (loss) carried forward | 14 | €33,325 | €14,052 | -€19,273 | -57.8% |
| Amounts payable | 17/49 | €517,976 | €369,813 | -€148,163 | -28.6% |
| Amounts payable after more than one year | 17 | €375,526 | €319,069 | -€56,457 | -15.0% |
| Financial debts | 170/4 | €375,526 | €319,069 | -€56,457 | -15.0% |
| Amounts payable within one year | 42/48 | €139,044 | €47,038 | -€92,006 | -66.2% |
| Current portion of amounts payable after more than one year | 42 | €33,284 | €34,738 | +€1,454 | +4.4% |
| Trade debts | 44 | €7,754 | €1,931 | -€5,823 | -75.1% |
| Suppliers | 440/4 | €7,754 | €1,931 | -€5,823 | -75.1% |
| Taxes, remuneration and social security | 45 | €16,817 | €9,310 | -€7,507 | -44.6% |
| Taxes | 450/3 | €16,817 | €9,310 | -€7,507 | -44.6% |
| Other amounts payable | 47/48 | €81,189 | €1,058 | -€80,131 | -98.7% |
| Accrued charges and deferred income | 492/3 | €3,406 | €3,706 | +€300 | +8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €105,083 | €76,830 | -€28,253 | -26.9% |
| Other operating charges | 640/8 | €13,106 | €7,446 | -€5,660 | -43.2% |
| Gross operating margin | 9900 | €168,613 | €182,746 | +€14,133 | +8.4% |
| Operating profit (loss) | 9901 | €50,425 | €98,471 | +€48,046 | +95.3% |
| Financial income | 75/76B | €65,000 | €40,825 | -€24,176 | -37.2% |
| Recurring financial income | 75 | €65,000 | €40,825 | -€24,176 | -37.2% |
| Financial charges | 65/66B | €14,634 | €15,803 | +€1,169 | +8.0% |
| Recurring financial charges | 65 | €14,634 | €15,803 | +€1,169 | +8.0% |
| Profit (loss) for the period before taxes | 9903 | €100,791 | €123,493 | +€22,701 | +22.5% |
| Income taxes | 67/77 | €17,450 | €26,316 | +€8,865 | +50.8% |
| Profit (loss) for the period | 9904 | €83,341 | €97,177 | +€13,836 | +16.6% |
| Profit (loss) for the period to be appropriated | 9905 | €83,341 | €97,177 | +€13,836 | +16.6% |
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 24 October 2026 via checked.be.