FRANS: 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.
FRANS
Largest movements
- Tangible fixed assets -€1,940
down €1,940 (-40.3%), from €4,819 to €2,879
of which Plant, machinery and equipment: -€1,242
- Deferred charges and accrued income -€1,337
down €1,337 (-73.5%), from €1,818 to €482
- Receivables within one year -€674
down €674 (-22.3%), from €3,025 to €2,351
of which Other amounts receivable: -€745
- Cash -€446
down €446 (-3.5%), from €12,784 to €12,338
mainly Net result for the year (-€11,603) and Investment in fixed assets (net) (-€213)
- Profit (loss) carried forward -€11,603
down €11,603 (-6.7%), from -€173,867 to -€185,471
- Other debts +€4,184
up €4,184 (+26.4%), from €15,849 to €20,034
- Trade debts +€2,607
up €2,607 (+112.2%), from €2,324 to €4,931
- Accrued charges and deferred income +€412
up €412 (+2659.6%), from €15 to €427
- Gross operating margin -€9,537
down €9,537, from €3,819 to -€5,718
- Other operating charges -€353
down €353 (-9.2%), from €3,831 to €3,478
- Financial charges +€220
up €220 (+237.4%), from €93 to €313
- Depreciation +€213
up €213 (+11.0%), from €1,940 to €2,153
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 | €24,321 | €19,925 | -€4,396 | -18.1% |
| Fixed assets | 21/28 | €6,694 | €4,754 | -€1,940 | -29.0% |
| Tangible fixed assets | 22/27 | €4,819 | €2,879 | -€1,940 | -40.3% |
| Plant, machinery and equipment | 23 | €2,974 | €1,732 | -€1,242 | -41.8% |
| Furniture and vehicles | 24 | €1,845 | €1,147 | -€698 | -37.8% |
| Financial fixed assets | 28 | €1,875 | €1,875 | = | 0.0% |
| Current assets | 29/58 | €17,627 | €15,171 | -€2,456 | -13.9% |
| Amounts receivable within one year | 40/41 | €3,025 | €2,351 | -€674 | -22.3% |
| Trade receivables | 40 | €657 | €728 | +€71 | +10.8% |
| Other amounts receivable | 41 | €2,368 | €1,623 | -€745 | -31.5% |
| Cash at bank and in hand | 54/58 | €12,784 | €12,338 | -€446 | -3.5% |
| Deferred charges and accrued income | 490/1 | €1,818 | €482 | -€1,337 | -73.5% |
| Total equity and liabilities | 10/49 | €24,321 | €19,925 | -€4,396 | -18.1% |
| Equity | 10/15 | €6,133 | -€5,471 | -€11,603 | |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €118,000 | €118,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €11,341 | €11,341 | = | 0.0% |
| Distributable reserves | 133 | €100,459 | €100,459 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€173,867 | -€185,471 | -€11,603 | -6.7% |
| Amounts payable | 17/49 | €18,189 | €25,396 | +€7,207 | +39.6% |
| Amounts payable within one year | 42/48 | €18,173 | €24,969 | +€6,796 | +37.4% |
| Trade debts | 44 | €2,324 | €4,931 | +€2,607 | +112.2% |
| Suppliers | 440/4 | €2,324 | €4,931 | +€2,607 | +112.2% |
| Taxes, remuneration and social security | 45 | - | €4 | +€4 | |
| Taxes | 450/3 | - | €4 | +€4 | |
| Other amounts payable | 47/48 | €15,849 | €20,034 | +€4,184 | +26.4% |
| Accrued charges and deferred income | 492/3 | €15 | €427 | +€412 | +2659.6% |
| Non-recurring operating income | 76A | - | €8,000 | +€8,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,940 | €2,153 | +€213 | +11.0% |
| Other operating charges | 640/8 | €3,831 | €3,478 | -€353 | -9.2% |
| Gross operating margin | 9900 | €3,819 | -€5,718 | -€9,537 | |
| Operating profit (loss) | 9901 | -€1,952 | -€11,349 | -€9,397 | -481.4% |
| Financial income | 75/76B | €25 | €58 | +€33 | +130.2% |
| Recurring financial income | 75 | €25 | €58 | +€33 | +130.2% |
| Financial charges | 65/66B | €93 | €313 | +€220 | +237.4% |
| Recurring financial charges | 65 | €93 | €313 | +€220 | +237.4% |
| Profit (loss) for the period before taxes | 9903 | -€2,019 | -€11,603 | -€9,584 | -474.6% |
| Profit (loss) for the period | 9904 | -€2,019 | -€11,603 | -€9,584 | -474.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,019 | -€11,603 | -€9,584 | -474.6% |
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 12 October 2026 via checked.be.