FRANtasmagorie: 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.
FRANtasmagorie
Largest movements
- Tangible fixed assets +€9,886
up €9,886 (+544%), from €1,818 to €11,704
of which Plant, machinery and equipment: +€10,969
- Cash +€6,986
up €6,986 (+60.5%), from €11,554 to €18,539
mainly Net result for the year (+€6,708) and Trade debts (+€4,580)
- Deferred charges and accrued income -€1,904
no longer reported in 2026 (was €1,904)
- Profit (loss) carried forward +€6,708
up €6,708 (+92.1%), from €7,287 to €13,995
- Trade debts +€4,580
up €4,580 (+1,191%), from €385 to €4,964
- Tax, wage and social debts +€3,677
up €3,677 (+50.5%), from €7,281 to €10,958
- Gross operating margin +€4,203
up €4,203 (+54.2%), from €7,758 to €11,962
- Taxes -€469
down €469 (-14.6%), from €3,223 to €2,753
- Depreciation +€364
up €364 (+32.5%), from €1,120 to €1,485
- Other operating charges +€272
up €272 (+39.1%), from €697 to €969
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €29,313 | €44,357 | +€15,044 | +51.3% |
| Fixed assets | 21/28 | €1,818 | €11,704 | +€9,886 | +544% |
| Tangible fixed assets | 22/27 | €1,818 | €11,704 | +€9,886 | +544% |
| Plant, machinery and equipment | 23 | - | €10,969 | +€10,969 | |
| Furniture and vehicles | 24 | €1,818 | €735 | -€1,084 | -59.6% |
| Current assets | 29/58 | €27,495 | €32,653 | +€5,159 | +18.8% |
| Amounts receivable within one year | 40/41 | €14,037 | €14,114 | +€77 | +0.5% |
| Trade receivables | 40 | €14,037 | €14,114 | +€77 | +0.5% |
| Cash at bank and in hand | 54/58 | €11,554 | €18,539 | +€6,986 | +60.5% |
| Deferred charges and accrued income | 490/1 | €1,904 | - | -€1,904 | |
| Total equity and liabilities | 10/49 | €29,313 | €44,357 | +€15,044 | +51.3% |
| Equity | 10/15 | €21,647 | €28,355 | +€6,708 | +31.0% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,287 | €13,995 | +€6,708 | +92.1% |
| Amounts payable | 17/49 | €7,666 | €16,002 | +€8,337 | +109% |
| Amounts payable within one year | 42/48 | €7,666 | €16,002 | +€8,337 | +109% |
| Trade debts | 44 | €385 | €4,964 | +€4,580 | +1,191% |
| Suppliers | 440/4 | €385 | €4,964 | +€4,580 | +1,191% |
| Taxes, remuneration and social security | 45 | €7,281 | €10,958 | +€3,677 | +50.5% |
| Taxes | 450/3 | €7,281 | €10,958 | +€3,677 | +50.5% |
| Other amounts payable | 47/48 | - | €80 | +€80 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,120 | €1,485 | +€364 | +32.5% |
| Other operating charges | 640/8 | €697 | €969 | +€272 | +39.1% |
| Gross operating margin | 9900 | €7,758 | €11,962 | +€4,203 | +54.2% |
| Operating profit (loss) | 9901 | €5,942 | €9,508 | +€3,567 | +60.0% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €45 | €48 | +€3 | +5.6% |
| Recurring financial charges | 65 | €45 | €48 | +€3 | +5.6% |
| Profit (loss) for the period before taxes | 9903 | €5,897 | €9,461 | +€3,565 | +60.5% |
| Income taxes | 67/77 | €3,223 | €2,753 | -€469 | -14.6% |
| Profit (loss) for the period | 9904 | €2,674 | €6,708 | +€4,034 | +151% |
| Profit (loss) for the period to be appropriated | 9905 | €2,674 | €6,708 | +€4,034 | +151% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.