FRANSSENS: 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.
FRANSSENS
Largest movements
- Cash -€9,470
down €9,470 (-73.1%), from €12,958 to €3,488
mainly Net result for the year (-€15,792) and Smaller working-capital items (-€26)
- Tangible fixed assets -€1,999
down €1,999 (-9.3%), from €21,569 to €19,570
- Reserves -€11,086
no longer reported in 2025 (was €11,086)
- Profit (loss) carried forward -€4,706
new in 2025: -€4,706
- Other debts +€3,350
up €3,350 (+69.5%), from €4,819 to €8,169
- Tax, wage and social debts +€1,000
new in 2025: €1,000
- Gross operating margin -€13,079
down €13,079, from €217 to -€12,863
- Other operating charges -€318
down €318 (-26.9%), from €1,182 to €864
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 | €34,531 | €23,087 | -€11,443 | -33.1% |
| Fixed assets | 21/28 | €21,569 | €19,570 | -€1,999 | -9.3% |
| Tangible fixed assets | 22/27 | €21,569 | €19,570 | -€1,999 | -9.3% |
| Land and buildings | 22 | €21,569 | €19,570 | -€1,999 | -9.3% |
| Current assets | 29/58 | €12,962 | €3,517 | -€9,445 | -72.9% |
| Amounts receivable within one year | 40/41 | €4 | €29 | +€25 | +586% |
| Other amounts receivable | 41 | €4 | €29 | +€25 | +586% |
| Cash at bank and in hand | 54/58 | €12,958 | €3,488 | -€9,470 | -73.1% |
| Total equity and liabilities | 10/49 | €34,531 | €23,087 | -€11,443 | -33.1% |
| Equity | 10/15 | €29,686 | €13,894 | -€15,792 | -53.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €11,086 | - | -€11,086 | |
| Distributable reserves | 133 | €11,086 | - | -€11,086 | |
| Profit (loss) carried forward | 14 | - | -€4,706 | -€4,706 | |
| Amounts payable | 17/49 | €4,845 | €9,193 | +€4,349 | +89.8% |
| Amounts payable within one year | 42/48 | €4,845 | €9,193 | +€4,349 | +89.8% |
| Trade debts | 44 | €26 | €24 | -€1 | -5.4% |
| Suppliers | 440/4 | €26 | €24 | -€1 | -5.4% |
| Taxes, remuneration and social security | 45 | - | €1,000 | +€1,000 | |
| Remuneration and social security | 454/9 | - | €1,000 | +€1,000 | |
| Other amounts payable | 47/48 | €4,819 | €8,169 | +€3,350 | +69.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,999 | €1,999 | = | 0.0% |
| Other operating charges | 640/8 | €1,182 | €864 | -€318 | -26.9% |
| Gross operating margin | 9900 | €217 | -€12,863 | -€13,079 | |
| Operating profit (loss) | 9901 | -€2,964 | -€15,726 | -€12,762 | -431% |
| Financial income | 75/76B | €14 | €84 | +€69 | +487% |
| Recurring financial income | 75 | €14 | €84 | +€69 | +487% |
| Financial charges | 65/66B | €246 | €150 | -€96 | -39.1% |
| Recurring financial charges | 65 | €246 | €150 | -€96 | -39.1% |
| Profit (loss) for the period before taxes | 9903 | -€3,196 | -€15,792 | -€12,596 | -394% |
| Profit (loss) for the period | 9904 | -€3,196 | -€15,792 | -€12,596 | -394% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,196 | -€15,792 | -€12,596 | -394% |
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 20 October 2026 via checked.be.