FRANS: 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.
FRANS
Largest movements
- Tangible fixed assets -€20,635
down €20,635 (-46.0%), from €44,893 to €24,258
of which Leasing and similar rights: -€13,514
- Receivables within one year -€14,243
down €14,243 (-62.6%), from €22,752 to €8,509
of which Trade receivables: -€11,837
- Deferred charges and accrued income +€9,840
new in 2025: €9,840
- Cash -€3,848
down €3,848 (-8.6%), from €44,649 to €40,801
mainly Net result for the year (-€15,214) and Current portion of long-term debt (-€13,836)
- Profit (loss) carried forward -€15,214
new in 2025: -€15,214
- Current portion of long-term debt -€13,836
no longer reported in 2025 (was €13,836)
- Trade debts -€6,675
down €6,675 (-69.1%), from €9,655 to €2,981
- Tax, wage and social debts +€4,908
up €4,908 (+136.3%), from €3,600 to €8,508
of which Taxes: +€3,961
- Other debts +€1,966
up €1,966 (+25.4%), from €7,744 to €9,710
- Gross operating margin -€50,106
down €50,106 (-86.1%), from €58,217 to €8,111
- Depreciation -€1,273
down €1,273 (-5.7%), from €22,455 to €21,182
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 | €112,375 | €83,524 | -€28,851 | -25.7% |
| Fixed assets | 21/28 | €44,893 | €24,258 | -€20,635 | -46.0% |
| Tangible fixed assets | 22/27 | €44,893 | €24,258 | -€20,635 | -46.0% |
| Plant, machinery and equipment | 23 | €11,540 | €4,728 | -€6,812 | -59.0% |
| Furniture and vehicles | 24 | €696 | €387 | -€309 | -44.4% |
| Leasing and similar rights | 25 | €32,658 | €19,144 | -€13,514 | -41.4% |
| Current assets | 29/58 | €67,481 | €59,266 | -€8,216 | -12.2% |
| Stocks and contracts in progress | 3 | €80 | €115 | +€35 | +43.6% |
| Stocks | 30/36 | €80 | €115 | +€35 | +43.6% |
| Amounts receivable within one year | 40/41 | €22,752 | €8,509 | -€14,243 | -62.6% |
| Trade receivables | 40 | €20,346 | €8,509 | -€11,837 | -58.2% |
| Other amounts receivable | 41 | €2,406 | - | -€2,406 | |
| Cash at bank and in hand | 54/58 | €44,649 | €40,801 | -€3,848 | -8.6% |
| Deferred charges and accrued income | 490/1 | - | €9,840 | +€9,840 | |
| Total equity and liabilities | 10/49 | €112,375 | €83,524 | -€28,851 | -25.7% |
| Equity | 10/15 | €47,539 | €32,326 | -€15,214 | -32.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €27,539 | €27,539 | = | 0.0% |
| Distributable reserves | 133 | €27,539 | €27,539 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€15,214 | -€15,214 | |
| Amounts payable | 17/49 | €64,835 | €51,198 | -€13,637 | -21.0% |
| Amounts payable after more than one year | 17 | €30,000 | €30,000 | = | 0.0% |
| Financial debts | 170/4 | €30,000 | €30,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €34,835 | €21,198 | -€13,637 | -39.1% |
| Current portion of amounts payable after more than one year | 42 | €13,836 | - | -€13,836 | |
| Trade debts | 44 | €9,655 | €2,981 | -€6,675 | -69.1% |
| Suppliers | 440/4 | €9,655 | €2,981 | -€6,675 | -69.1% |
| Taxes, remuneration and social security | 45 | €3,600 | €8,508 | +€4,908 | +136.3% |
| Taxes | 450/3 | - | €3,961 | +€3,961 | |
| Remuneration and social security | 454/9 | €3,600 | €4,547 | +€947 | +26.3% |
| Other amounts payable | 47/48 | €7,744 | €9,710 | +€1,966 | +25.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,455 | €21,182 | -€1,273 | -5.7% |
| Other operating charges | 640/8 | €1,075 | €1,250 | +€175 | +16.3% |
| Gross operating margin | 9900 | €58,217 | €8,111 | -€50,106 | -86.1% |
| Operating profit (loss) | 9901 | €34,686 | -€14,321 | -€49,007 | |
| Financial income | 75/76B | €33 | - | -€33 | |
| Recurring financial income | 75 | €33 | - | -€33 | |
| Financial charges | 65/66B | €630 | €812 | +€182 | +28.9% |
| Recurring financial charges | 65 | €630 | €812 | +€182 | +28.9% |
| Profit (loss) for the period before taxes | 9903 | €34,090 | -€15,133 | -€49,222 | |
| Income taxes | 67/77 | - | €81 | +€81 | |
| Profit (loss) for the period | 9904 | €34,090 | -€15,214 | -€49,303 | |
| Profit (loss) for the period to be appropriated | 9905 | €34,090 | -€15,214 | -€49,303 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.