FRANLU: 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.
FRANLU
Largest movements
- Cash -€22,825
down €22,825 (-91.3%), from €24,989 to €2,164
mainly Trade debts (-€24,896) and Receivables within one year (-€16,378)
- Receivables within one year +€16,378
up €16,378 (+33.9%), from €48,303 to €64,681
of which Trade receivables: +€19,069
- Tangible fixed assets -€4,384
down €4,384 (-9.0%), from €48,741 to €44,357
- Stocks and contracts -€2,347
down €2,347 (-6.7%), from €35,003 to €32,656
- Trade debts -€24,896
down €24,896 (-55.3%), from €44,984 to €20,088
- Accrued charges and deferred income +€16,746
new in 2024: €16,746
- Other debts -€4,087
down €4,087 (-20.9%), from €19,524 to €15,437
- Debts after one year -€3,944
down €3,944 (-66.3%), from €5,945 to €2,001
- Reserves +€3,141
up €3,141 (+6.1%), from €51,859 to €55,000
- Gross operating margin -€9,087
down €9,087 (-38.1%), from €23,880 to €14,793
- Taxes -€3,409
down €3,409 (-59.2%), from €5,759 to €2,350
- Depreciation -€1,480
down €1,480 (-25.2%), from €5,864 to €4,384
- Financial income -€762
down €762 (-69.0%), from €1,104 to €342
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €178,851 | €166,891 | -€11,960 | -6.7% |
| Fixed assets | 21/28 | €62,661 | €58,577 | -€4,084 | -6.5% |
| Tangible fixed assets | 22/27 | €48,741 | €44,357 | -€4,384 | -9.0% |
| Land and buildings | 22 | €48,741 | €44,357 | -€4,384 | -9.0% |
| Financial fixed assets | 28 | €13,920 | €14,220 | +€300 | +2.2% |
| Current assets | 29/58 | €116,190 | €108,314 | -€7,876 | -6.8% |
| Stocks and contracts in progress | 3 | €35,003 | €32,656 | -€2,347 | -6.7% |
| Stocks | 30/36 | €35,003 | €32,656 | -€2,347 | -6.7% |
| Amounts receivable within one year | 40/41 | €48,303 | €64,681 | +€16,378 | +33.9% |
| Trade receivables | 40 | €37,760 | €56,829 | +€19,069 | +50.5% |
| Other amounts receivable | 41 | €10,543 | €7,852 | -€2,691 | -25.5% |
| Cash at bank and in hand | 54/58 | €24,989 | €2,164 | -€22,825 | -91.3% |
| Deferred charges and accrued income | 490/1 | €7,895 | €8,813 | +€918 | +11.6% |
| Total equity and liabilities | 10/49 | €178,851 | €166,891 | -€11,960 | -6.7% |
| Equity | 10/15 | €96,112 | €101,294 | +€5,182 | +5.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Contributions outside capital | 11 | €18,592 | €18,592 | = | 0.0% |
| Other | 1109/19 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €51,859 | €55,000 | +€3,141 | +6.1% |
| Distributable reserves | 133 | €51,859 | €55,000 | +€3,141 | +6.1% |
| Profit (loss) carried forward | 14 | €25,661 | €27,702 | +€2,041 | +8.0% |
| Amounts payable | 17/49 | €82,739 | €65,597 | -€17,142 | -20.7% |
| Amounts payable after more than one year | 17 | €5,945 | €2,001 | -€3,944 | -66.3% |
| Financial debts | 170/4 | €5,945 | €2,001 | -€3,944 | -66.3% |
| Amounts payable within one year | 42/48 | €76,794 | €46,850 | -€29,944 | -39.0% |
| Current portion of amounts payable after more than one year | 42 | €7,357 | €5,997 | -€1,360 | -18.5% |
| Trade debts | 44 | €44,984 | €20,088 | -€24,896 | -55.3% |
| Suppliers | 440/4 | €44,984 | €20,088 | -€24,896 | -55.3% |
| Taxes, remuneration and social security | 45 | €4,929 | €5,328 | +€399 | +8.1% |
| Taxes | 450/3 | €2,049 | €2,683 | +€634 | +30.9% |
| Remuneration and social security | 454/9 | €2,880 | €2,645 | -€235 | -8.2% |
| Other amounts payable | 47/48 | €19,524 | €15,437 | -€4,087 | -20.9% |
| Accrued charges and deferred income | 492/3 | - | €16,746 | +€16,746 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,864 | €4,384 | -€1,480 | -25.2% |
| Other operating charges | 640/8 | €1,146 | €1,259 | +€113 | +9.9% |
| Gross operating margin | 9900 | €23,880 | €14,793 | -€9,087 | -38.1% |
| Operating profit (loss) | 9901 | €16,870 | €9,150 | -€7,720 | -45.8% |
| Financial income | 75/76B | €1,104 | €342 | -€762 | -69.0% |
| Recurring financial income | 75 | €1,104 | €342 | -€762 | -69.0% |
| Financial charges | 65/66B | €2,180 | €1,960 | -€220 | -10.1% |
| Recurring financial charges | 65 | €2,180 | €1,960 | -€220 | -10.1% |
| Profit (loss) for the period before taxes | 9903 | €15,794 | €7,532 | -€8,262 | -52.3% |
| Income taxes | 67/77 | €5,759 | €2,350 | -€3,409 | -59.2% |
| Profit (loss) for the period | 9904 | €10,035 | €5,182 | -€4,853 | -48.4% |
| Profit (loss) for the period to be appropriated | 9905 | €10,035 | €5,182 | -€4,853 | -48.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.