FRANTZEN CONSULTING: 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.
FRANTZEN CONSULTING
Largest movements
- Current investments +€100,000
up €100,000 (+57.1%), from €175,000 to €275,000
- Cash -€91,384
down €91,384 (-62.9%), from €145,381 to €53,997
mainly Current investments (-€100,000) and Debts after one year (-€40,000)
- Tangible fixed assets -€25,164
down €25,164 (-29.0%), from €86,817 to €61,653
of which Furniture and vehicles: -€13,116
- Receivables within one year -€11,960
down €11,960 (-23.6%), from €50,764 to €38,804
of which Trade receivables: -€29,367
- Debts after one year -€40,000
down €40,000 (-100%), from €40,000 to €0
- Other debts +€9,086
up €9,086 (+52.9%), from €17,163 to €26,248
- Tax, wage and social debts -€7,571
down €7,571 (-24.1%), from €31,438 to €23,867
- Trade debts +€5,477
up €5,477 (+20.9%), from €26,147 to €31,625
- Reserves +€4,838
up €4,838 (+1.5%), from €331,870 to €336,708
- Financial charges +€54,502
up €54,502 (+1,529%), from €3,565 to €58,067
- Gross operating margin -€51,169
down €51,169 (-35.8%), from €142,944 to €91,775
- Taxes -€28,585
down €28,585 (-87.6%), from €32,639 to €4,054
- Depreciation -€2,000
down €2,000 (-6.6%), from €30,443 to €28,443
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 | €459,643 | €431,427 | -€28,216 | -6.1% |
| Fixed assets | 21/28 | €86,817 | €61,653 | -€25,164 | -29.0% |
| Tangible fixed assets | 22/27 | €86,817 | €61,653 | -€25,164 | -29.0% |
| Land and buildings | 22 | €24,199 | €14,125 | -€10,074 | -41.6% |
| Plant, machinery and equipment | 23 | €3,941 | €1,967 | -€1,974 | -50.1% |
| Furniture and vehicles | 24 | €58,677 | €45,561 | -€13,116 | -22.4% |
| Current assets | 29/58 | €372,826 | €369,774 | -€3,052 | -0.8% |
| Amounts receivable within one year | 40/41 | €50,764 | €38,804 | -€11,960 | -23.6% |
| Trade receivables | 40 | €50,764 | €21,398 | -€29,367 | -57.8% |
| Other amounts receivable | 41 | - | €17,407 | +€17,407 | |
| Current investments | 50/53 | €175,000 | €275,000 | +€100,000 | +57.1% |
| Cash at bank and in hand | 54/58 | €145,381 | €53,997 | -€91,384 | -62.9% |
| Deferred charges and accrued income | 490/1 | €1,680 | €1,972 | +€292 | +17.4% |
| Total equity and liabilities | 10/49 | €459,643 | €431,427 | -€28,216 | -6.1% |
| Equity | 10/15 | €344,270 | €349,108 | +€4,838 | +1.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €331,870 | €336,708 | +€4,838 | +1.5% |
| Distributable reserves | 133 | €331,870 | €336,708 | +€4,838 | +1.5% |
| Amounts payable | 17/49 | €115,373 | €82,319 | -€33,054 | -28.7% |
| Amounts payable after more than one year | 17 | €40,000 | €0 | -€40,000 | -100% |
| Other amounts payable | 178/9 | €40,000 | €0 | -€40,000 | -100% |
| Amounts payable within one year | 42/48 | €75,373 | €82,319 | +€6,946 | +9.2% |
| Financial debts | 43 | €625 | €578 | -€47 | -7.5% |
| Credit institutions | 430/8 | €625 | €578 | -€47 | -7.5% |
| Trade debts | 44 | €26,147 | €31,625 | +€5,477 | +20.9% |
| Suppliers | 440/4 | €26,147 | €31,625 | +€5,477 | +20.9% |
| Taxes, remuneration and social security | 45 | €31,438 | €23,867 | -€7,571 | -24.1% |
| Taxes | 450/3 | €31,438 | €23,867 | -€7,571 | -24.1% |
| Other amounts payable | 47/48 | €17,163 | €26,248 | +€9,086 | +52.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,443 | €28,443 | -€2,000 | -6.6% |
| Other operating charges | 640/8 | €1,305 | €1,242 | -€63 | -4.8% |
| Non-recurring operating charges | 66A | - | €0 | +€0 | |
| Gross operating margin | 9900 | €142,944 | €91,775 | -€51,169 | -35.8% |
| Operating profit (loss) | 9901 | €111,195 | €62,090 | -€49,106 | -44.2% |
| Financial income | 75/76B | €4,187 | €4,870 | +€683 | +16.3% |
| Recurring financial income | 75 | €4,187 | €4,870 | +€683 | +16.3% |
| Financial charges | 65/66B | €3,565 | €58,067 | +€54,502 | +1,529% |
| Recurring financial charges | 65 | €3,565 | €58,067 | +€54,502 | +1,529% |
| Profit (loss) for the period before taxes | 9903 | €111,817 | €8,892 | -€102,925 | -92.0% |
| Income taxes | 67/77 | €32,639 | €4,054 | -€28,585 | -87.6% |
| Profit (loss) for the period | 9904 | €79,178 | €4,838 | -€74,339 | -93.9% |
| Profit (loss) for the period to be appropriated | 9905 | €79,178 | €4,838 | -€74,339 | -93.9% |
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 17 October 2026 via checked.be.