FRANTIL: 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.
FRANTIL
Largest movements
- Receivables after one year -€90,000
no longer reported in 2025 (was €90,000)
- Cash +€53,082
up €53,082 (+165.5%), from €32,077 to €85,159
mainly Receivables after one year (+€90,000) and Depreciation (+€37,860)
- Tangible fixed assets +€46,865
up €46,865 (+17.9%), from €261,879 to €308,744
of which Plant, machinery and equipment: +€67,275
- Deferred charges and accrued income +€5,366
up €5,366 (+726.6%), from €738 to €6,104
- Stocks and contracts -€5,232
no longer reported in 2025 (was €5,232)
- Profit (loss) carried forward +€26,428
up €26,428 (+4.9%), from -€543,449 to -€517,020
- Revaluation surpluses -€15,000
down €15,000 (-50.0%), from €30,000 to €15,000
- Current portion of long-term debt -€7,435
down €7,435 (-92.2%), from €8,064 to €628
- Other debts +€6,330
up €6,330 (+36.7%), from €17,256 to €23,585
- Gross operating margin +€18,688
up €18,688 (+35.7%), from €52,309 to €70,997
- Write-downs +€3,662
new in 2025: €3,662
- Depreciation +€1,035
up €1,035 (+2.8%), from €36,825 to €37,860
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 | €391,519 | €402,020 | +€10,502 | +2.7% |
| Fixed assets | 21/28 | €261,879 | €308,744 | +€46,865 | +17.9% |
| Tangible fixed assets | 22/27 | €261,879 | €308,744 | +€46,865 | +17.9% |
| Land and buildings | 22 | €113,305 | €92,894 | -€20,411 | -18.0% |
| Plant, machinery and equipment | 23 | €148,575 | €215,850 | +€67,275 | +45.3% |
| Current assets | 29/58 | €129,639 | €93,277 | -€36,363 | -28.0% |
| Amounts receivable after more than one year | 29 | €90,000 | - | -€90,000 | |
| Trade receivables | 290 | €90,000 | - | -€90,000 | |
| Stocks and contracts in progress | 3 | €5,232 | - | -€5,232 | |
| Stocks | 30/36 | €5,232 | - | -€5,232 | |
| Amounts receivable within one year | 40/41 | €1,478 | €1,899 | +€421 | +28.5% |
| Trade receivables | 40 | €1,478 | €1,899 | +€421 | +28.5% |
| Current investments | 50/53 | €114 | €114 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €32,077 | €85,159 | +€53,082 | +165.5% |
| Deferred charges and accrued income | 490/1 | €738 | €6,104 | +€5,366 | +726.6% |
| Total equity and liabilities | 10/49 | €391,519 | €402,020 | +€10,502 | +2.7% |
| Equity | 10/15 | €357,492 | €368,920 | +€11,428 | +3.2% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Capital | 10 | €200,000 | €200,000 | = | 0.0% |
| Issued capital | 100 | €200,000 | €200,000 | = | 0.0% |
| Revaluation surpluses | 12 | €30,000 | €15,000 | -€15,000 | -50.0% |
| Reserves | 13 | €670,941 | €670,941 | = | 0.0% |
| Non-distributable reserves | 130/1 | €26,115 | €26,115 | = | 0.0% |
| Legal reserve | 130 | €26,000 | €26,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Own shares acquired | 1312 | €114 | €114 | = | 0.0% |
| Tax-exempt reserves | 132 | €62,717 | €62,717 | = | 0.0% |
| Distributable reserves | 133 | €582,109 | €582,109 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€543,449 | -€517,020 | +€26,428 | +4.9% |
| Amounts payable | 17/49 | €34,027 | €33,100 | -€927 | -2.7% |
| Amounts payable within one year | 42/48 | €34,027 | €33,100 | -€927 | -2.7% |
| Current portion of amounts payable after more than one year | 42 | €8,064 | €628 | -€7,435 | -92.2% |
| Trade debts | 44 | €7,879 | €6,603 | -€1,276 | -16.2% |
| Suppliers | 440/4 | €7,879 | €6,603 | -€1,276 | -16.2% |
| Taxes, remuneration and social security | 45 | €828 | €2,283 | +€1,455 | +175.6% |
| Taxes | 450/3 | €828 | €2,283 | +€1,455 | +175.6% |
| Other amounts payable | 47/48 | €17,256 | €23,585 | +€6,330 | +36.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,825 | €37,860 | +€1,035 | +2.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €3,662 | +€3,662 | |
| Other operating charges | 640/8 | €17,790 | €18,120 | +€330 | +1.9% |
| Gross operating margin | 9900 | €52,309 | €70,997 | +€18,688 | +35.7% |
| Operating profit (loss) | 9901 | -€2,305 | €11,355 | +€13,660 | |
| Financial income | 75/76B | €738 | €290 | -€448 | -60.7% |
| Recurring financial income | 75 | €738 | €290 | -€448 | -60.7% |
| Financial charges | 65/66B | €927 | €217 | -€710 | -76.6% |
| Recurring financial charges | 65 | €927 | €217 | -€710 | -76.6% |
| Profit (loss) for the period before taxes | 9903 | -€2,494 | €11,428 | +€13,922 | |
| Profit (loss) for the period | 9904 | -€2,494 | €11,428 | +€13,922 | |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,494 | €11,428 | +€13,922 |
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 6 October 2026 via checked.be.