FRANS-CAROLUS: 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-CAROLUS
Largest movements
- Stocks and contracts +€3,829
up €3,829 (+22.6%), from €16,933 to €20,763
- Tangible fixed assets +€3,769
up €3,769 (+10.7%), from €35,340 to €39,109
of which Other tangible fixed assets: +€10,641
- Cash -€3,637
down €3,637 (-11.1%), from €32,832 to €29,195
mainly Investment in fixed assets (net) (-€16,146) and Trade debts (-€9,263)
- Profit (loss) carried forward +€14,225
up €14,225 (+107%), from €13,325 to €27,550
- Trade debts -€9,263
down €9,263 (-68.3%), from €13,556 to €4,293
- Accrued charges and deferred income +€4,252
new in 2025: €4,252
- Tax, wage and social debts -€3,466
down €3,466 (-41.8%), from €8,298 to €4,832
of which Taxes: -€4,084
- Debts after one year -€2,076
down €2,076 (-19.4%), from €10,711 to €8,635
- Gross operating margin +€29,413
up €29,413 (+181%), from €16,275 to €45,688
- Taxes +€4,266
up €4,266, from -€1,120 to €3,147
- Staff costs +€1,548
up €1,548 (+11.9%), from €12,986 to €14,535
- Depreciation +€1,446
up €1,446 (+13.2%), from €10,931 to €12,377
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 | €87,364 | €91,121 | +€3,756 | +4.3% |
| Fixed assets | 21/28 | €37,140 | €40,909 | +€3,769 | +10.1% |
| Tangible fixed assets | 22/27 | €35,340 | €39,109 | +€3,769 | +10.7% |
| Plant, machinery and equipment | 23 | €14,941 | €10,677 | -€4,264 | -28.5% |
| Furniture and vehicles | 24 | €11,715 | €9,107 | -€2,608 | -22.3% |
| Other tangible fixed assets | 26 | €8,683 | €19,325 | +€10,641 | +123% |
| Financial fixed assets | 28 | €1,800 | €1,800 | = | 0.0% |
| Current assets | 29/58 | €50,225 | €50,212 | -€13 | 0.0% |
| Stocks and contracts in progress | 3 | €16,933 | €20,763 | +€3,829 | +22.6% |
| Stocks | 30/36 | €16,933 | €20,763 | +€3,829 | +22.6% |
| Amounts receivable within one year | 40/41 | €219 | €0 | -€219 | -100% |
| Trade receivables | 40 | €0 | €0 | = | |
| Other amounts receivable | 41 | €219 | - | -€219 | |
| Cash at bank and in hand | 54/58 | €32,832 | €29,195 | -€3,637 | -11.1% |
| Deferred charges and accrued income | 490/1 | €241 | €254 | +€13 | +5.4% |
| Total equity and liabilities | 10/49 | €87,364 | €91,121 | +€3,756 | +4.3% |
| Equity | 10/15 | €53,262 | €67,488 | +€14,225 | +26.7% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €14,937 | €14,937 | = | 0.0% |
| Distributable reserves | 133 | €14,937 | €14,937 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,325 | €27,550 | +€14,225 | +107% |
| Amounts payable | 17/49 | €34,102 | €23,633 | -€10,469 | -30.7% |
| Amounts payable after more than one year | 17 | €10,711 | €8,635 | -€2,076 | -19.4% |
| Financial debts | 170/4 | €10,711 | €8,635 | -€2,076 | -19.4% |
| Amounts payable within one year | 42/48 | €23,391 | €10,746 | -€12,645 | -54.1% |
| Trade debts | 44 | €13,556 | €4,293 | -€9,263 | -68.3% |
| Suppliers | 440/4 | €13,556 | €4,293 | -€9,263 | -68.3% |
| Taxes, remuneration and social security | 45 | €8,298 | €4,832 | -€3,466 | -41.8% |
| Taxes | 450/3 | €7,055 | €2,971 | -€4,084 | -57.9% |
| Remuneration and social security | 454/9 | €1,242 | €1,861 | +€618 | +49.8% |
| Other amounts payable | 47/48 | €1,537 | €1,621 | +€83 | +5.4% |
| Accrued charges and deferred income | 492/3 | - | €4,252 | +€4,252 | |
| Remuneration, social security and pensions | 62 | €12,986 | €14,535 | +€1,548 | +11.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,931 | €12,377 | +€1,446 | +13.2% |
| Other operating charges | 640/8 | €418 | €831 | +€413 | +98.7% |
| Gross operating margin | 9900 | €16,275 | €45,688 | +€29,413 | +181% |
| Operating profit (loss) | 9901 | -€8,060 | €17,945 | +€26,006 | |
| Financial income | 75/76B | €3 | €28 | +€25 | +818% |
| Recurring financial income | 75 | €3 | €28 | +€25 | +818% |
| Financial charges | 65/66B | €320 | €601 | +€281 | +87.9% |
| Recurring financial charges | 65 | €320 | €601 | +€281 | +87.9% |
| Profit (loss) for the period before taxes | 9903 | -€8,377 | €17,372 | +€25,749 | |
| Income taxes | 67/77 | -€1,120 | €3,147 | +€4,266 | |
| Profit (loss) for the period | 9904 | -€7,257 | €14,225 | +€21,483 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,257 | €14,225 | +€21,483 |
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 18 October 2026 via checked.be.