FRANSTRANS: 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.
FRANSTRANS
Largest movements
- Tangible fixed assets -€33,194
down €33,194 (-21.2%), from €156,512 to €123,318
of which Furniture and vehicles: -€32,057
- Debts after one year -€25,789
down €25,789 (-73.2%), from €35,248 to €9,459
- Reserves -€5,143
down €5,143 (-4.5%), from €114,168 to €109,025
of which Tax-exempt reserves: -€5,143
- Tax, wage and social debts +€2,869
new in 2025: €2,869
- Other debts -€2,779
down €2,779 (-13.6%), from €20,478 to €17,699
- Gross operating margin -€13,865
down €13,865 (-30.0%), from €46,203 to €32,338
- Taxes -€3,025
down €3,025 (-64.2%), from €4,714 to €1,689
- Other operating charges +€486
up €486 (+64.8%), from €751 to €1,237
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 | €243,654 | €212,618 | -€31,035 | -12.7% |
| Fixed assets | 21/28 | €159,997 | €126,803 | -€33,194 | -20.7% |
| Tangible fixed assets | 22/27 | €156,512 | €123,318 | -€33,194 | -21.2% |
| Plant, machinery and equipment | 23 | €929 | €0 | -€929 | -100.0% |
| Furniture and vehicles | 24 | €155,376 | €123,318 | -€32,057 | -20.6% |
| Other tangible fixed assets | 26 | €208 | €0 | -€208 | -100.0% |
| Financial fixed assets | 28 | €3,485 | €3,485 | = | 0.0% |
| Current assets | 29/58 | €83,656 | €85,815 | +€2,159 | +2.6% |
| Amounts receivable within one year | 40/41 | €44,608 | €46,383 | +€1,775 | +4.0% |
| Trade receivables | 40 | €37,852 | €32,785 | -€5,066 | -13.4% |
| Other amounts receivable | 41 | €6,756 | €13,597 | +€6,841 | +101.3% |
| Cash at bank and in hand | 54/58 | €36,105 | €36,597 | +€492 | +1.4% |
| Deferred charges and accrued income | 490/1 | €2,944 | €2,835 | -€108 | -3.7% |
| Total equity and liabilities | 10/49 | €243,654 | €212,618 | -€31,035 | -12.7% |
| Equity | 10/15 | €161,146 | €155,660 | -€5,485 | -3.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €114,168 | €109,025 | -€5,143 | -4.5% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €30,388 | €25,245 | -€5,143 | -16.9% |
| Distributable reserves | 133 | €81,921 | €81,921 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,386 | €28,043 | -€343 | -1.2% |
| Provisions and deferred taxes | 16 | €7,168 | €5,454 | -€1,714 | -23.9% |
| Deferred taxes | 168 | €7,168 | €5,454 | -€1,714 | -23.9% |
| Amounts payable | 17/49 | €75,340 | €51,504 | -€23,836 | -31.6% |
| Amounts payable after more than one year | 17 | €35,248 | €9,459 | -€25,789 | -73.2% |
| Financial debts | 170/4 | €35,248 | €9,459 | -€25,789 | -73.2% |
| Amounts payable within one year | 42/48 | €40,091 | €42,045 | +€1,954 | +4.9% |
| Current portion of amounts payable after more than one year | 42 | €17,483 | €18,289 | +€806 | +4.6% |
| Trade debts | 44 | €2,131 | €3,188 | +€1,057 | +49.6% |
| Suppliers | 440/4 | €2,131 | €3,188 | +€1,057 | +49.6% |
| Taxes, remuneration and social security | 45 | - | €2,869 | +€2,869 | |
| Taxes | 450/3 | - | €2,869 | +€2,869 | |
| Other amounts payable | 47/48 | €20,478 | €17,699 | -€2,779 | -13.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,492 | €33,194 | -€298 | -0.9% |
| Other operating charges | 640/8 | €751 | €1,237 | +€486 | +64.8% |
| Gross operating margin | 9900 | €46,203 | €32,338 | -€13,865 | -30.0% |
| Operating profit (loss) | 9901 | €11,960 | -€2,093 | -€14,053 | |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €3,376 | €3,420 | +€45 | +1.3% |
| Recurring financial charges | 65 | €3,376 | €3,420 | +€45 | +1.3% |
| Profit (loss) for the period before taxes | 9903 | €8,585 | -€5,511 | -€14,095 | |
| Transfer from deferred taxes | 780 | €1,714 | €1,714 | = | 0.0% |
| Income taxes | 67/77 | €4,714 | €1,689 | -€3,025 | -64.2% |
| Profit (loss) for the period | 9904 | €5,585 | -€5,485 | -€11,071 | |
| Transfer from tax-exempt reserves | 789 | €5,143 | €5,143 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €10,728 | -€343 | -€11,071 |
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 4 October 2026 via checked.be.