FRANN: 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.
FRANN
Largest movements
- Receivables within one year -€10,626
down €10,626 (-20.1%), from €52,990 to €42,365
- Tangible fixed assets -€2,827
down €2,827 (-36.5%), from €7,755 to €4,927
- Deferred charges and accrued income +€2,622
new in 2025: €2,622
- Profit (loss) carried forward -€24,089
down €24,089, from €412 to -€23,677
- Tax, wage and social debts +€10,846
up €10,846 (+52.5%), from €20,661 to €31,507
of which Remuneration and social security: +€9,290
- Trade debts +€2,702
up €2,702 (+57.0%), from €4,736 to €7,437
- Gross operating margin -€22,797
down €22,797 (-20.1%), from €113,358 to €90,560
- Financial charges -€2,594
down €2,594 (-62.7%), from €4,140 to €1,546
- Staff costs +€2,318
up €2,318 (+2.3%), from €98,935 to €101,253
- Other operating charges +€2,290
up €2,290 (+1991.2%), from €115 to €2,405
- Financial income -€1,990
down €1,990 (-43.2%), from €4,611 to €2,622
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 | €66,555 | €56,052 | -€10,503 | -15.8% |
| Fixed assets | 21/28 | €10,729 | €7,902 | -€2,827 | -26.4% |
| Tangible fixed assets | 22/27 | €7,755 | €4,927 | -€2,827 | -36.5% |
| Land and buildings | 22 | €3,938 | €2,626 | -€1,313 | -33.3% |
| Plant, machinery and equipment | 23 | €2,400 | €1,358 | -€1,043 | -43.4% |
| Furniture and vehicles | 24 | €1,416 | €944 | -€472 | -33.3% |
| Financial fixed assets | 28 | €2,975 | €2,975 | = | 0.0% |
| Current assets | 29/58 | €55,826 | €48,150 | -€7,675 | -13.7% |
| Amounts receivable within one year | 40/41 | €52,990 | €42,365 | -€10,626 | -20.1% |
| Other amounts receivable | 41 | €52,990 | €42,365 | -€10,626 | -20.1% |
| Cash at bank and in hand | 54/58 | €2,836 | €3,164 | +€329 | +11.6% |
| Deferred charges and accrued income | 490/1 | - | €2,622 | +€2,622 | |
| Total equity and liabilities | 10/49 | €66,555 | €56,052 | -€10,503 | -15.8% |
| Equity | 10/15 | €39,692 | €15,603 | -€24,089 | -60.7% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Capital | 10 | €12,500 | - | -€12,500 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €6,100 | - | -€6,100 | |
| Reserves | 13 | €26,780 | €26,780 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Other | 1319 | - | €1,860 | +€1,860 | |
| Tax-exempt reserves | 132 | €24,920 | €24,920 | = | 0.0% |
| Profit (loss) carried forward | 14 | €412 | -€23,677 | -€24,089 | |
| Amounts payable | 17/49 | €26,863 | €40,449 | +€13,587 | +50.6% |
| Amounts payable within one year | 42/48 | €26,863 | €40,449 | +€13,587 | +50.6% |
| Trade debts | 44 | €4,736 | €7,437 | +€2,702 | +57.0% |
| Suppliers | 440/4 | €4,736 | €7,437 | +€2,702 | +57.0% |
| Taxes, remuneration and social security | 45 | €20,661 | €31,507 | +€10,846 | +52.5% |
| Taxes | 450/3 | €16,118 | €17,674 | +€1,556 | +9.7% |
| Remuneration and social security | 454/9 | €4,543 | €13,833 | +€9,290 | +204.5% |
| Other amounts payable | 47/48 | €1,467 | €1,505 | +€39 | +2.6% |
| Non-recurring operating income | 76A | - | €694 | +€694 | |
| Remuneration, social security and pensions | 62 | €98,935 | €101,253 | +€2,318 | +2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,499 | €3,521 | -€978 | -21.7% |
| Other operating charges | 640/8 | €115 | €2,405 | +€2,290 | +1991.2% |
| Non-recurring operating charges | 66A | - | €8,370 | +€8,370 | |
| Gross operating margin | 9900 | €113,358 | €90,560 | -€22,797 | -20.1% |
| Operating profit (loss) | 9901 | €9,809 | -€24,989 | -€34,798 | |
| Financial income | 75/76B | €4,611 | €2,622 | -€1,990 | -43.2% |
| Recurring financial income | 75 | €4,611 | €2,622 | -€1,990 | -43.2% |
| Financial charges | 65/66B | €4,140 | €1,546 | -€2,594 | -62.7% |
| Recurring financial charges | 65 | €4,140 | €1,546 | -€2,594 | -62.7% |
| Profit (loss) for the period before taxes | 9903 | €10,281 | -€23,913 | -€34,194 | |
| Income taxes | 67/77 | €1,943 | €176 | -€1,767 | -90.9% |
| Profit (loss) for the period | 9904 | €8,338 | -€24,089 | -€32,427 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,338 | -€24,089 | -€32,427 |
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 8 October 2026 via checked.be.