FRANLOU: 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.
FRANLOU
Largest movements
- Tangible fixed assets -€101,763
down €101,763 (-6.3%), from €1.6m to €1.5m
- Debts after one year -€80,015
down €80,015 (-5.4%), from €1.5m to €1.4m
of which Financial debts: -€127,841
- Profit (loss) carried forward -€23,706
down €23,706 (-15.8%), from -€149,783 to -€173,489
- Financial charges -€10,096
down €10,096 (-23.6%), from €42,761 to €32,665
- Gross operating margin -€5,141
down €5,141 (-3.7%), from €140,815 to €135,674
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 | €1,662,286 | €1,547,933 | -€114,353 | -6.9% |
| Fixed assets | 21/28 | €1,611,264 | €1,509,502 | -€101,763 | -6.3% |
| Tangible fixed assets | 22/27 | €1,611,264 | €1,509,502 | -€101,763 | -6.3% |
| Land and buildings | 22 | €1,611,264 | €1,509,502 | -€101,763 | -6.3% |
| Current assets | 29/58 | €51,022 | €38,431 | -€12,591 | -24.7% |
| Amounts receivable within one year | 40/41 | €28,146 | €27,081 | -€1,064 | -3.8% |
| Trade receivables | 40 | €24,791 | €22,917 | -€1,874 | -7.6% |
| Other amounts receivable | 41 | €3,354 | €4,164 | +€809 | +24.1% |
| Cash at bank and in hand | 54/58 | €22,157 | €10,663 | -€11,494 | -51.9% |
| Deferred charges and accrued income | 490/1 | €719 | €687 | -€33 | -4.5% |
| Total equity and liabilities | 10/49 | €1,662,286 | €1,547,933 | -€114,353 | -6.9% |
| Equity | 10/15 | €32,017 | €8,311 | -€23,706 | -74.0% |
| Contributions | 10/11 | €181,800 | €181,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€149,783 | -€173,489 | -€23,706 | -15.8% |
| Amounts payable | 17/49 | €1,630,269 | €1,539,621 | -€90,647 | -5.6% |
| Amounts payable after more than one year | 17 | €1,483,230 | €1,403,215 | -€80,015 | -5.4% |
| Financial debts | 170/4 | €1,194,464 | €1,066,623 | -€127,841 | -10.7% |
| Other amounts payable | 178/9 | €288,766 | €336,592 | +€47,826 | +16.6% |
| Amounts payable within one year | 42/48 | €140,001 | €135,826 | -€4,175 | -3.0% |
| Current portion of amounts payable after more than one year | 42 | €125,721 | €127,841 | +€2,120 | +1.7% |
| Trade debts | 44 | €14,281 | €7,985 | -€6,296 | -44.1% |
| Suppliers | 440/4 | €14,281 | €7,985 | -€6,296 | -44.1% |
| Accrued charges and deferred income | 492/3 | €7,037 | €580 | -€6,457 | -91.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €115,364 | €115,078 | -€286 | -0.2% |
| Other operating charges | 640/8 | €11,465 | €11,795 | +€330 | +2.9% |
| Gross operating margin | 9900 | €140,815 | €135,674 | -€5,141 | -3.7% |
| Operating profit (loss) | 9901 | €13,986 | €8,801 | -€5,185 | -37.1% |
| Financial income | 75/76B | - | €158 | +€158 | |
| Recurring financial income | 75 | - | €158 | +€158 | |
| Financial charges | 65/66B | €42,761 | €32,665 | -€10,096 | -23.6% |
| Recurring financial charges | 65 | €42,761 | €32,665 | -€10,096 | -23.6% |
| Profit (loss) for the period before taxes | 9903 | -€28,775 | -€23,706 | +€5,068 | +17.6% |
| Profit (loss) for the period | 9904 | -€28,775 | -€23,706 | +€5,068 | +17.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,775 | -€23,706 | +€5,068 | +17.6% |
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 6 October 2026 via checked.be.