FRANSEN BOUWONDERNEMING: what changed
What changed
FRANSEN BOUWONDERNEMING
NACE 41.001, General construction of residential buildings
filed annual accounts (NBB)
Net result for the year
€2.4m
2024 · €2.0m+€350,877
Equity
€4.6m
2024 · €3.9m+€710,358
Cash
€96,613
2024 · €1.0m-€946,018
Balance sheet total
€10.2m
2024 · €9.6m+€655,740
Largest movements
Assets
- Receivables within one year +€2.5m
up €2.5m (+71.0%), from €3.5m to €6.0m
of which Other amounts receivable: +€1.8m
- Cash -€946,018
down €946,018 (-90.7%), from €1.0m to €96,613
mainly Receivables within one year (-€2.5m) and Contributions, distributions and other (-€1.7m)
- Stocks and contracts -€666,894
down €666,894 (-17.6%), from €3.8m to €3.1m
of which Contracts in progress: -€540,328
- Tangible fixed assets -€124,869
down €124,869 (-11.8%), from €1.1m to €930,476
Equity and liabilities
- Reserves +€459,481
up €459,481 (+13.6%), from €3.4m to €3.8m
of which Distributable reserves: +€459,481
- Short-term financial debts -€400,843
down €400,843 (-72.6%), from €552,221 to €151,379
- Profit (loss) carried forward +€250,877
up €250,877 (+54.6%), from €459,481 to €710,358
- Trade debts +€244,300
up €244,300 (+10.6%), from €2.3m to €2.5m
Income statement
- Turnover +€1.4m
up €1.4m (+4.9%), from €28.1m to €29.5m
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€2.0m
Turnover
+€1.4m
Other operating income
+€110,151
Goods and materials
+€288,049
Services and other goods
+€266,123
Staff costs
-€4,955
Depreciation
-€13,962
Other operating charges
-€40,121
Other operating items
-€1.5m
Financial income
-€40,759
Financial charges
+€66,833
Taxes
-€124,564
Result 2025
€2.4m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€1.4m
Investment
-€279,680
Financing
-€2.1m
Cash 2024
€1.0m
From operations (derived)
+€1.4m
Net result for the year
+€2.4m
Depreciation
+€491,195
Stocks and contracts
+€666,894
Receivables within one year
-€2.5m
Deferred charges and accrued income
-€1,410
Trade debts
+€244,300
Tax, wage and social debts
+€18,290
Advances received
+€11,573
Other debts
+€100,000
Investment (derived)
-€279,680
Investment in fixed assets (net)
-€279,680
Financing
-€2.1m
Debts after one year
-€31,662
Current portion of long-term debt
+€3,723
Short-term financial debts
-€400,843
Contributions, distributions and other
-€1.7m
Cash 2025
€96,613
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,554,094 | €10,209,834 | +€655,740 | +6.9% |
| Fixed assets | 21/28 | €1,178,348 | €966,834 | -€211,515 | -18.0% |
| Intangible fixed assets | 21 | €6,672 | €2,808 | -€3,864 | -57.9% |
| Tangible fixed assets | 22/27 | €1,055,345 | €930,476 | -€124,869 | -11.8% |
| Plant, machinery and equipment | 23 | €241,584 | €187,244 | -€54,340 | -22.5% |
| Furniture and vehicles | 24 | €83,167 | €82,531 | -€636 | -0.8% |
| Leasing and similar rights | 25 | €680,427 | €622,404 | -€58,023 | -8.5% |
| Other tangible fixed assets | 26 | €50,167 | €38,296 | -€11,871 | -23.7% |
| Financial fixed assets | 28 | €116,332 | €33,550 | -€82,782 | -71.2% |
| Other financial fixed assets | 284/8 | €116,332 | €33,550 | -€82,782 | -71.2% |
| Shares | 284 | - | €3,050 | +€3,050 | |
| Amounts receivable and cash guarantees | 285/8 | €116,332 | €30,500 | -€85,832 | -73.8% |
| Current assets | 29/58 | €8,375,745 | €9,243,001 | +€867,255 | +10.4% |
| Stocks and contracts in progress | 3 | €3,785,304 | €3,118,410 | -€666,894 | -17.6% |
| Stocks | 30/36 | €226,631 | €100,066 | -€126,566 | -55.8% |
| Raw materials and consumables | 30/31 | €226,631 | €11,804 | -€214,828 | -94.8% |
| Goods purchased for resale | 34 | - | €88,262 | +€88,262 | |
| Contracts in progress | 37 | €3,558,672 | €3,018,344 | -€540,328 | -15.2% |
| Amounts receivable within one year | 40/41 | €3,490,592 | €5,969,350 | +€2.5m | +71.0% |
| Trade receivables | 40 | €3,115,764 | €3,829,659 | +€713,895 | +22.9% |
| Other amounts receivable | 41 | €374,828 | €2,139,691 | +€1.8m | +471% |
| Cash at bank and in hand | 54/58 | €1,042,631 | €96,613 | -€946,018 | -90.7% |
| Deferred charges and accrued income | 490/1 | €57,218 | €58,628 | +€1,410 | +2.5% |
| Total equity and liabilities | 10/49 | €9,554,094 | €10,209,834 | +€655,740 | +6.9% |
| Equity | 10/15 | €3,906,204 | €4,616,562 | +€710,358 | +18.2% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €3,371,723 | €3,831,204 | +€459,481 | +13.6% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €86,750 | €86,750 | = | 0.0% |
| Distributable reserves | 133 | €3,277,473 | €3,736,954 | +€459,481 | +14.0% |
| Profit (loss) carried forward | 14 | €459,481 | €710,358 | +€250,877 | +54.6% |
| Amounts payable | 17/49 | €5,647,890 | €5,593,272 | -€54,618 | -1.0% |
| Amounts payable after more than one year | 17 | €495,617 | €463,956 | -€31,662 | -6.4% |
| Financial debts | 170/4 | €495,617 | €463,956 | -€31,662 | -6.4% |
| Leasing and similar obligations | 172 | €495,617 | €463,956 | -€31,662 | -6.4% |
| Amounts payable within one year | 42/48 | €5,152,273 | €5,129,317 | -€22,956 | -0.4% |
| Current portion of amounts payable after more than one year | 42 | €272,397 | €276,121 | +€3,723 | +1.4% |
| Financial debts | 43 | €552,221 | €151,379 | -€400,843 | -72.6% |
| Credit institutions | 430/8 | €552,221 | €151,379 | -€400,843 | -72.6% |
| Trade debts | 44 | €2,293,983 | €2,538,283 | +€244,300 | +10.6% |
| Suppliers | 440/4 | €2,293,983 | €2,538,283 | +€244,300 | +10.6% |
| Advances received on contracts in progress | 46 | - | €11,573 | +€11,573 | |
| Taxes, remuneration and social security | 45 | €483,671 | €501,961 | +€18,290 | +3.8% |
| Taxes | 450/3 | €137,234 | €272,607 | +€135,374 | +98.6% |
| Remuneration and social security | 454/9 | €346,437 | €229,353 | -€117,084 | -33.8% |
| Other amounts payable | 47/48 | €1,550,000 | €1,650,000 | +€100,000 | +6.5% |
| Operating income | 70/76A | €29,172,286 | €29,117,519 | -€54,767 | -0.2% |
| Turnover | 70 | €28,118,500 | €29,485,002 | +€1.4m | +4.9% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €991,092 | -€540,328 | -€1.5m | |
| Other operating income | 74 | €62,694 | €172,845 | +€110,151 | +176% |
| Operating charges | 60/66A | €26,578,362 | €26,074,228 | -€504,134 | -1.9% |
| Goods for resale, raw materials and consumables | 60 | €3,379,919 | €3,091,870 | -€288,049 | -8.5% |
| Purchases | 600/8 | €3,408,988 | €2,953,501 | -€455,487 | -13.4% |
| Change in stocks: decrease (increase) | 609 | -€29,069 | €138,369 | +€167,438 | |
| Services and other goods | 61 | €19,485,435 | €19,219,312 | -€266,123 | -1.4% |
| Remuneration, social security and pensions | 62 | €3,109,213 | €3,114,168 | +€4,955 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €477,233 | €491,195 | +€13,962 | +2.9% |
| Other operating charges | 640/8 | €117,561 | €157,683 | +€40,121 | +34.1% |
| Non-recurring operating charges | 66A | €9,000 | - | -€9,000 | |
| Operating profit (loss) | 9901 | €2,593,923 | €3,043,291 | +€449,367 | +17.3% |
| Financial income | 75/76B | €90,943 | €50,184 | -€40,759 | -44.8% |
| Recurring financial income | 75 | €90,943 | €50,184 | -€40,759 | -44.8% |
| Income from current assets | 751 | €60,342 | €27,146 | -€33,195 | -55.0% |
| Other financial income | 752/9 | €30,601 | €23,038 | -€7,564 | -24.7% |
| Financial charges | 65/66B | €132,269 | €65,436 | -€66,833 | -50.5% |
| Recurring financial charges | 65 | €132,269 | €65,436 | -€66,833 | -50.5% |
| Debt charges | 650 | €109,780 | €48,030 | -€61,751 | -56.2% |
| Other financial charges | 652/9 | €22,489 | €17,407 | -€5,082 | -22.6% |
| Profit (loss) for the period before taxes | 9903 | €2,552,597 | €3,028,038 | +€475,441 | +18.6% |
| Income taxes | 67/77 | €543,116 | €667,680 | +€124,564 | +22.9% |
| Taxes | 670/3 | €543,116 | €667,680 | +€124,564 | +22.9% |
| Profit (loss) for the period | 9904 | €2,009,481 | €2,360,358 | +€350,877 | +17.5% |
| Profit (loss) for the period to be appropriated | 9905 | €2,009,481 | €2,360,358 | +€350,877 | +17.5% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.