FRANSA: 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.
FRANSA
Largest movements
- Cash +€146,097
up €146,097 (+45.8%), from €319,290 to €465,387
mainly Net result for the year (+€83,608) and Depreciation (+€69,191)
- Receivables within one year +€56,283
up €56,283 (+24.8%), from €227,283 to €283,566
of which Trade receivables: +€46,245
- Tangible fixed assets -€48,369
down €48,369 (-7.7%), from €632,069 to €583,700
- Stocks and contracts -€40,140
down €40,140 (-57.9%), from €69,308 to €29,168
- Reserves +€83,608
up €83,608 (+15.8%), from €529,711 to €613,319
of which Distributable reserves: +€83,608
- Trade debts +€18,606
up €18,606 (+26.9%), from €69,253 to €87,859
- Staff costs -€42,867
down €42,867 (-18.4%), from €232,994 to €190,127
- Gross operating margin +€21,505
up €21,505 (+5.5%), from €387,606 to €409,110
- Financial charges +€20,529
up €20,529 (+444%), from €4,622 to €25,152
- Taxes +€18,395
up €18,395 (+122%), from €15,128 to €33,523
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 | €1,262,749 | €1,374,474 | +€111,725 | +8.8% |
| Fixed assets | 21/28 | €634,726 | €586,356 | -€48,369 | -7.6% |
| Tangible fixed assets | 22/27 | €632,069 | €583,700 | -€48,369 | -7.7% |
| Land and buildings | 22 | €566,078 | €547,196 | -€18,882 | -3.3% |
| Plant, machinery and equipment | 23 | €27,558 | €14,588 | -€12,970 | -47.1% |
| Furniture and vehicles | 24 | €33,582 | €18,756 | -€14,826 | -44.1% |
| Other tangible fixed assets | 26 | €4,851 | €3,159 | -€1,692 | -34.9% |
| Financial fixed assets | 28 | €2,657 | €2,657 | = | 0.0% |
| Current assets | 29/58 | €628,024 | €788,118 | +€160,094 | +25.5% |
| Stocks and contracts in progress | 3 | €69,308 | €29,168 | -€40,140 | -57.9% |
| Stocks | 30/36 | €69,308 | €29,168 | -€40,140 | -57.9% |
| Amounts receivable within one year | 40/41 | €227,283 | €283,566 | +€56,283 | +24.8% |
| Trade receivables | 40 | €215,395 | €261,639 | +€46,245 | +21.5% |
| Other amounts receivable | 41 | €11,888 | €21,927 | +€10,038 | +84.4% |
| Cash at bank and in hand | 54/58 | €319,290 | €465,387 | +€146,097 | +45.8% |
| Deferred charges and accrued income | 490/1 | €12,142 | €9,996 | -€2,146 | -17.7% |
| Total equity and liabilities | 10/49 | €1,262,749 | €1,374,474 | +€111,725 | +8.8% |
| Equity | 10/15 | €854,711 | €938,319 | +€83,608 | +9.8% |
| Contributions | 10/11 | €325,000 | €325,000 | = | 0.0% |
| Reserves | 13 | €529,711 | €613,319 | +€83,608 | +15.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €529,711 | €613,319 | +€83,608 | +15.8% |
| Amounts payable | 17/49 | €408,038 | €436,155 | +€28,116 | +6.9% |
| Amounts payable after more than one year | 17 | €253,170 | €240,399 | -€12,771 | -5.0% |
| Financial debts | 170/4 | €57,470 | €44,699 | -€12,771 | -22.2% |
| Other amounts payable | 178/9 | €195,700 | €195,700 | = | 0.0% |
| Amounts payable within one year | 42/48 | €154,868 | €182,942 | +€28,073 | +18.1% |
| Current portion of amounts payable after more than one year | 42 | €12,771 | €12,771 | = | 0.0% |
| Trade debts | 44 | €69,253 | €87,859 | +€18,606 | +26.9% |
| Suppliers | 440/4 | €69,253 | €87,859 | +€18,606 | +26.9% |
| Taxes, remuneration and social security | 45 | €24,919 | €34,958 | +€10,039 | +40.3% |
| Taxes | 450/3 | €5,176 | €18,604 | +€13,428 | +259% |
| Remuneration and social security | 454/9 | €19,744 | €16,354 | -€3,389 | -17.2% |
| Other amounts payable | 47/48 | €47,925 | €47,353 | -€572 | -1.2% |
| Accrued charges and deferred income | 492/3 | €0 | €12,814 | +€12,814 | |
| Remuneration, social security and pensions | 62 | €232,994 | €190,127 | -€42,867 | -18.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69,320 | €69,191 | -€130 | -0.2% |
| Other operating charges | 640/8 | €7,987 | €8,227 | +€240 | +3.0% |
| Gross operating margin | 9900 | €387,606 | €409,110 | +€21,505 | +5.5% |
| Operating profit (loss) | 9901 | €77,305 | €141,566 | +€64,261 | +83.1% |
| Financial income | 75/76B | €600 | €717 | +€117 | +19.6% |
| Recurring financial income | 75 | €600 | €717 | +€117 | +19.6% |
| Financial charges | 65/66B | €4,622 | €25,152 | +€20,529 | +444% |
| Recurring financial charges | 65 | €4,622 | €25,152 | +€20,529 | +444% |
| Profit (loss) for the period before taxes | 9903 | €73,283 | €117,132 | +€43,849 | +59.8% |
| Income taxes | 67/77 | €15,128 | €33,523 | +€18,395 | +122% |
| Profit (loss) for the period | 9904 | €58,155 | €83,608 | +€25,453 | +43.8% |
| Profit (loss) for the period to be appropriated | 9905 | €58,155 | €83,608 | +€25,453 | +43.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.