FRANPHI: 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.
FRANPHI
Largest movements
- Tangible fixed assets -€11,324
down €11,324 (-4.1%), from €278,072 to €266,748
of which Plant, machinery and equipment: -€11,324
- Cash -€9,710
down €9,710 (-46.0%), from €21,105 to €11,395
mainly Other debts (-€8,453) and Net result for the year (-€4,874)
- Other debts -€8,453
down €8,453 (-3.9%), from €218,194 to €209,741
- Profit (loss) carried forward -€4,874
down €4,874 (-698.5%), from -€698 to -€5,571
- Accrued charges and deferred income -€3,400
down €3,400 (-75.6%), from €4,500 to €1,100
- Gross operating margin -€9,089
down €9,089 (-41.4%), from €21,971 to €12,881
- Depreciation +€663
up €663 (+4.7%), from €14,070 to €14,733
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.
Cash bridge derived
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 | €300,146 | €279,171 | -€20,975 | -7.0% |
| Fixed assets | 21/28 | €278,072 | €266,748 | -€11,324 | -4.1% |
| Tangible fixed assets | 22/27 | €278,072 | €266,748 | -€11,324 | -4.1% |
| Land and buildings | 22 | €247,006 | €247,006 | = | 0.0% |
| Plant, machinery and equipment | 23 | €31,066 | €19,742 | -€11,324 | -36.5% |
| Current assets | 29/58 | €22,074 | €12,423 | -€9,651 | -43.7% |
| Cash at bank and in hand | 54/58 | €21,105 | €11,395 | -€9,710 | -46.0% |
| Deferred charges and accrued income | 490/1 | €969 | €1,028 | +€59 | +6.1% |
| Total equity and liabilities | 10/49 | €300,146 | €279,171 | -€20,975 | -7.0% |
| Equity | 10/15 | €67,502 | €62,629 | -€4,874 | -7.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€698 | -€5,571 | -€4,874 | -698.5% |
| Amounts payable | 17/49 | €232,643 | €216,542 | -€16,102 | -6.9% |
| Amounts payable within one year | 42/48 | €228,143 | €215,442 | -€12,702 | -5.6% |
| Current portion of amounts payable after more than one year | 42 | €2,450 | - | -€2,450 | |
| Trade debts | 44 | €7,500 | €5,701 | -€1,799 | -24.0% |
| Suppliers | 440/4 | €7,500 | €5,701 | -€1,799 | -24.0% |
| Other amounts payable | 47/48 | €218,194 | €209,741 | -€8,453 | -3.9% |
| Accrued charges and deferred income | 492/3 | €4,500 | €1,100 | -€3,400 | -75.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,070 | €14,733 | +€663 | +4.7% |
| Other operating charges | 640/8 | €2,649 | €2,744 | +€95 | +3.6% |
| Gross operating margin | 9900 | €21,971 | €12,881 | -€9,089 | -41.4% |
| Operating profit (loss) | 9901 | €5,252 | -€4,596 | -€9,848 | |
| Financial income | 75/76B | €8 | - | -€8 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Non-recurring financial income | 76B | €6 | - | -€6 | |
| Financial charges | 65/66B | €365 | €278 | -€87 | -23.9% |
| Recurring financial charges | 65 | €365 | €278 | -€87 | -23.9% |
| Profit (loss) for the period before taxes | 9903 | €4,895 | -€4,874 | -€9,768 | |
| Profit (loss) for the period | 9904 | €4,895 | -€4,874 | -€9,768 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,895 | -€4,874 | -€9,768 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.