FRANS NANCY: 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 NANCY
Largest movements
- Tangible fixed assets -€17,033
down €17,033 (-39.2%), from €43,410 to €26,377
of which Furniture and vehicles: -€16,856
- Receivables within one year -€2,774
down €2,774 (-36.5%), from €7,597 to €4,823
- Cash -€2,627
down €2,627 (-4.3%), from €61,054 to €58,428
mainly Tax, wage and social debts (-€6,278) and Debts after one year (-€5,740)
- Tax, wage and social debts -€6,278
down €6,278 (-91.6%), from €6,850 to €572
of which Taxes: -€3,800
- Debts after one year -€5,740
no longer reported in 2025 (was €5,740)
- Current portion of long-term debt -€5,656
down €5,656 (-49.6%), from €11,396 to €5,740
- Other debts -€2,735
down €2,735 (-99.2%), from €2,757 to €22
- Profit (loss) carried forward -€2,234
down €2,234 (-3.9%), from €57,282 to €55,048
- Gross operating margin -€15,807
down €15,807 (-47.6%), from €33,173 to €17,366
- Taxes -€3,800
down €3,800 (-86.9%), from €4,372 to €572
- Depreciation -€748
down €748 (-3.9%), from €19,016 to €18,268
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 | €112,146 | €89,724 | -€22,422 | -20.0% |
| Fixed assets | 21/28 | €43,410 | €26,377 | -€17,033 | -39.2% |
| Tangible fixed assets | 22/27 | €43,410 | €26,377 | -€17,033 | -39.2% |
| Land and buildings | 22 | €605 | €427 | -€177 | -29.3% |
| Furniture and vehicles | 24 | €42,805 | €25,949 | -€16,856 | -39.4% |
| Current assets | 29/58 | €68,736 | €63,347 | -€5,389 | -7.8% |
| Amounts receivable within one year | 40/41 | €7,597 | €4,823 | -€2,774 | -36.5% |
| Trade receivables | 40 | €7,597 | €4,823 | -€2,774 | -36.5% |
| Cash at bank and in hand | 54/58 | €61,054 | €58,428 | -€2,627 | -4.3% |
| Deferred charges and accrued income | 490/1 | €84 | €96 | +€11 | +13.6% |
| Total equity and liabilities | 10/49 | €112,146 | €89,724 | -€22,422 | -20.0% |
| Equity | 10/15 | €84,479 | €82,246 | -€2,234 | -2.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €14,798 | €14,798 | = | 0.0% |
| Tax-exempt reserves | 132 | €584 | €584 | = | 0.0% |
| Distributable reserves | 133 | €14,214 | €14,214 | = | 0.0% |
| Profit (loss) carried forward | 14 | €57,282 | €55,048 | -€2,234 | -3.9% |
| Amounts payable | 17/49 | €27,666 | €7,478 | -€20,189 | -73.0% |
| Amounts payable after more than one year | 17 | €5,740 | - | -€5,740 | |
| Financial debts | 170/4 | €5,740 | - | -€5,740 | |
| Amounts payable within one year | 42/48 | €21,926 | €7,478 | -€14,448 | -65.9% |
| Current portion of amounts payable after more than one year | 42 | €11,396 | €5,740 | -€5,656 | -49.6% |
| Trade debts | 44 | €923 | €1,144 | +€220 | +23.9% |
| Suppliers | 440/4 | €923 | €1,144 | +€220 | +23.9% |
| Taxes, remuneration and social security | 45 | €6,850 | €572 | -€6,278 | -91.6% |
| Taxes | 450/3 | €4,372 | €572 | -€3,800 | -86.9% |
| Remuneration and social security | 454/9 | €2,478 | - | -€2,478 | |
| Other amounts payable | 47/48 | €2,757 | €22 | -€2,735 | -99.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,016 | €18,268 | -€748 | -3.9% |
| Other operating charges | 640/8 | €449 | €462 | +€12 | +2.8% |
| Gross operating margin | 9900 | €33,173 | €17,366 | -€15,807 | -47.6% |
| Operating profit (loss) | 9901 | €13,707 | -€1,364 | -€15,071 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €408 | €298 | -€110 | -26.9% |
| Recurring financial charges | 65 | €408 | €298 | -€110 | -26.9% |
| Profit (loss) for the period before taxes | 9903 | €13,300 | -€1,662 | -€14,961 | |
| Income taxes | 67/77 | €4,372 | €572 | -€3,800 | -86.9% |
| Profit (loss) for the period | 9904 | €8,928 | -€2,234 | -€11,162 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,928 | -€2,234 | -€11,162 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.