Franneke: 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.
Franneke
Largest movements
- Tangible fixed assets -€12,003
down €12,003 (-22.9%), from €52,526 to €40,523
of which Land and buildings: -€6,684
- Stocks and contracts +€9,210
up €9,210 (+211%), from €4,375 to €13,585
- Cash -€8,344
down €8,344 (-28.9%), from €28,872 to €20,529
mainly Trade debts (-€11,697) and Stocks and contracts (-€9,210)
- Financial fixed assets -€978
down €978 (-100%), from €978 to €0
- Trade debts -€11,697
down €11,697 (-80.8%), from €14,475 to €2,778
- Other debts +€7,565
up €7,565 (+148%), from €5,104 to €12,669
- Reserves -€4,472
down €4,472 (-9.2%), from €48,359 to €43,887
of which Distributable reserves: -€2,612
- Profit (loss) carried forward -€2,322
down €2,322 (-100%), from €2,322 to €0
- Tax, wage and social debts -€1,073
down €1,073 (-9.0%), from €11,912 to €10,838
of which Remuneration and social security: -€3,477
- Gross operating margin +€6,279
up €6,279 (+29.3%), from €21,459 to €27,738
- Staff costs +€4,396
up €4,396 (+373%), from €1,178 to €5,574
- Other operating charges +€3,367
up €3,367 (+154%), from €2,185 to €5,552
- Depreciation -€1,003
down €1,003 (-7.7%), from €13,006 to €12,003
- Financial charges +€574
up €574 (+50.6%), from €1,135 to €1,709
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 | €88,371 | €76,373 | -€11,998 | -13.6% |
| Fixed assets | 21/28 | €53,504 | €40,523 | -€12,981 | -24.3% |
| Tangible fixed assets | 22/27 | €52,526 | €40,523 | -€12,003 | -22.9% |
| Land and buildings | 22 | €41,104 | €34,419 | -€6,684 | -16.3% |
| Plant, machinery and equipment | 23 | €6,257 | €2,817 | -€3,440 | -55.0% |
| Furniture and vehicles | 24 | €5,166 | €3,287 | -€1,879 | -36.4% |
| Financial fixed assets | 28 | €978 | €0 | -€978 | -100% |
| Current assets | 29/58 | €34,867 | €35,850 | +€982 | +2.8% |
| Stocks and contracts in progress | 3 | €4,375 | €13,585 | +€9,210 | +211% |
| Stocks | 30/36 | €4,375 | €13,585 | +€9,210 | +211% |
| Amounts receivable within one year | 40/41 | €1,620 | €1,736 | +€116 | +7.1% |
| Trade receivables | 40 | €1,620 | €0 | -€1,620 | -100% |
| Other amounts receivable | 41 | - | €1,736 | +€1,736 | |
| Cash at bank and in hand | 54/58 | €28,872 | €20,529 | -€8,344 | -28.9% |
| Total equity and liabilities | 10/49 | €88,371 | €76,373 | -€11,998 | -13.6% |
| Equity | 10/15 | €56,881 | €50,087 | -€6,794 | -11.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | - | -€6,200 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €12,400 | - | -€12,400 | |
| Reserves | 13 | €48,359 | €43,887 | -€4,472 | -9.2% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €0 | = | |
| Distributable reserves | 133 | €46,499 | €43,887 | -€2,612 | -5.6% |
| Profit (loss) carried forward | 14 | €2,322 | €0 | -€2,322 | -100% |
| Amounts payable | 17/49 | €31,490 | €26,285 | -€5,205 | -16.5% |
| Amounts payable within one year | 42/48 | €31,490 | €26,285 | -€5,205 | -16.5% |
| Trade debts | 44 | €14,475 | €2,778 | -€11,697 | -80.8% |
| Suppliers | 440/4 | €14,475 | €2,778 | -€11,697 | -80.8% |
| Taxes, remuneration and social security | 45 | €11,912 | €10,838 | -€1,073 | -9.0% |
| Taxes | 450/3 | €8,435 | €10,838 | +€2,404 | +28.5% |
| Remuneration and social security | 454/9 | €3,477 | €0 | -€3,477 | -100% |
| Other amounts payable | 47/48 | €5,104 | €12,669 | +€7,565 | +148% |
| Remuneration, social security and pensions | 62 | €1,178 | €5,574 | +€4,396 | +373% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,006 | €12,003 | -€1,003 | -7.7% |
| Other operating charges | 640/8 | €2,185 | €5,552 | +€3,367 | +154% |
| Gross operating margin | 9900 | €21,459 | €27,738 | +€6,279 | +29.3% |
| Operating profit (loss) | 9901 | €5,090 | €4,610 | -€480 | -9.4% |
| Financial income | 75/76B | €22 | €94 | +€72 | +319% |
| Recurring financial income | 75 | €22 | €94 | +€72 | +319% |
| Financial charges | 65/66B | €1,135 | €1,709 | +€574 | +50.6% |
| Recurring financial charges | 65 | €1,135 | €1,709 | +€574 | +50.6% |
| Profit (loss) for the period before taxes | 9903 | €3,977 | €2,995 | -€982 | -24.7% |
| Income taxes | 67/77 | €2,317 | €2,727 | +€410 | +17.7% |
| Profit (loss) for the period | 9904 | €1,660 | €268 | -€1,392 | -83.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,660 | €268 | -€1,392 | -83.8% |
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 15 October 2026 via checked.be.