FRANSIMON: 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.
FRANSIMON
Largest movements
- Receivables within one year -€171,071
down €171,071 (-50.1%), from €341,759 to €170,688
of which Other amounts receivable: -€172,387
- Reserves -€154,369
down €154,369 (-55.0%), from €280,526 to €126,157
of which Distributable reserves: -€154,369
- Tax, wage and social debts -€14,240
down €14,240 (-45.1%), from €31,540 to €17,300
- Other debts -€10,989
down €10,989 (-60.4%), from €18,190 to €7,201
- Trade debts +€4,310
up €4,310 (+108%), from €4,002 to €8,312
- Gross operating margin -€45,245
down €45,245 (-38.5%), from €117,662 to €72,417
- Taxes -€12,926
down €12,926 (-42.6%), from €30,378 to €17,452
- Other operating charges +€1,634
up €1,634 (+116%), from €1,403 to €3,037
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 | €396,258 | €220,970 | -€175,288 | -44.2% |
| Fixed assets | 21/28 | €39,814 | €38,727 | -€1,087 | -2.7% |
| Tangible fixed assets | 22/27 | €39,814 | €38,727 | -€1,087 | -2.7% |
| Land and buildings | 22 | €6,981 | €10,027 | +€3,046 | +43.6% |
| Plant, machinery and equipment | 23 | €32,800 | €28,700 | -€4,100 | -12.5% |
| Furniture and vehicles | 24 | €33 | - | -€33 | |
| Current assets | 29/58 | €356,444 | €182,243 | -€174,201 | -48.9% |
| Amounts receivable within one year | 40/41 | €341,759 | €170,688 | -€171,071 | -50.1% |
| Trade receivables | 40 | €21,043 | €22,359 | +€1,316 | +6.3% |
| Other amounts receivable | 41 | €320,716 | €148,329 | -€172,387 | -53.8% |
| Cash at bank and in hand | 54/58 | €14,685 | €11,555 | -€3,130 | -21.3% |
| Total equity and liabilities | 10/49 | €396,258 | €220,970 | -€175,288 | -44.2% |
| Equity | 10/15 | €342,526 | €188,157 | -€154,369 | -45.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Contributions outside capital | 11 | €62,000 | €62,000 | = | 0.0% |
| Other | 1109/19 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €280,526 | €126,157 | -€154,369 | -55.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €274,326 | €119,957 | -€154,369 | -56.3% |
| Amounts payable | 17/49 | €53,732 | €32,813 | -€20,919 | -38.9% |
| Amounts payable within one year | 42/48 | €53,732 | €32,813 | -€20,919 | -38.9% |
| Trade debts | 44 | €4,002 | €8,312 | +€4,310 | +108% |
| Suppliers | 440/4 | €4,002 | €8,312 | +€4,310 | +108% |
| Taxes, remuneration and social security | 45 | €31,540 | €17,300 | -€14,240 | -45.1% |
| Taxes | 450/3 | €31,540 | €17,300 | -€14,240 | -45.1% |
| Other amounts payable | 47/48 | €18,190 | €7,201 | -€10,989 | -60.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,546 | €5,749 | +€203 | +3.7% |
| Other operating charges | 640/8 | €1,403 | €3,037 | +€1,634 | +116% |
| Gross operating margin | 9900 | €117,662 | €72,417 | -€45,245 | -38.5% |
| Operating profit (loss) | 9901 | €110,713 | €63,631 | -€47,082 | -42.5% |
| Financial income | 75/76B | €115 | - | -€115 | |
| Recurring financial income | 75 | €115 | - | -€115 | |
| Financial charges | 65/66B | €385 | €548 | +€163 | +42.3% |
| Recurring financial charges | 65 | €385 | €548 | +€163 | +42.3% |
| Profit (loss) for the period before taxes | 9903 | €110,443 | €63,083 | -€47,360 | -42.9% |
| Income taxes | 67/77 | €30,378 | €17,452 | -€12,926 | -42.6% |
| Profit (loss) for the period | 9904 | €80,065 | €45,631 | -€34,434 | -43.0% |
| Profit (loss) for the period to be appropriated | 9905 | €80,065 | €45,631 | -€34,434 | -43.0% |
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 22 October 2026 via checked.be.