Franveer: 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.
Franveer
Largest movements
- Cash +€101,317
up €101,317 (+165.8%), from €61,115 to €162,432
mainly Net result for the year (+€155,922) and Receivables within one year (+€40,933)
- Receivables within one year -€40,933
down €40,933 (-28.9%), from €141,747 to €100,814
of which Other amounts receivable: -€41,814
- Tangible fixed assets -€10,170
down €10,170 (-3.2%), from €313,125 to €302,956
of which Land and buildings: -€7,296
- Reserves +€100,000
up €100,000 (+42.0%), from €238,000 to €338,000
of which Distributable reserves: +€100,000
- Accrued charges and deferred income -€36,000
down €36,000 (-42.9%), from €84,000 to €48,000
- Debts after one year -€24,842
down €24,842 (-24.6%), from €100,801 to €75,959
- Profit (loss) carried forward +€7,922
up €7,922 (+14.8%), from €53,684 to €61,606
- Staff costs -€84,733
down €84,733 (-95.5%), from €88,734 to €4,001
- Gross operating margin +€47,289
up €47,289 (+31.3%), from €150,923 to €198,212
- Taxes +€17,560
up €17,560 (+128.3%), from €13,692 to €31,252
- Purchases and services -€14,787
no longer reported in 2025 (was €14,787)
- Financial income +€6,048
new in 2025: €6,048
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 | €615,988 | €666,202 | +€50,214 | +8.2% |
| Fixed assets | 21/28 | €313,125 | €302,956 | -€10,170 | -3.2% |
| Tangible fixed assets | 22/27 | €313,125 | €302,956 | -€10,170 | -3.2% |
| Land and buildings | 22 | €300,409 | €293,113 | -€7,296 | -2.4% |
| Plant, machinery and equipment | 23 | €8,067 | €7,077 | -€990 | -12.3% |
| Furniture and vehicles | 24 | €4,650 | €2,766 | -€1,884 | -40.5% |
| Current assets | 29/58 | €302,862 | €363,246 | +€60,384 | +19.9% |
| Amounts receivable after more than one year | 29 | €100,000 | €100,000 | = | 0.0% |
| Trade receivables | 290 | €100,000 | €100,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €141,747 | €100,814 | -€40,933 | -28.9% |
| Trade receivables | 40 | €24,248 | €25,129 | +€881 | +3.6% |
| Other amounts receivable | 41 | €117,498 | €75,685 | -€41,814 | -35.6% |
| Cash at bank and in hand | 54/58 | €61,115 | €162,432 | +€101,317 | +165.8% |
| Total equity and liabilities | 10/49 | €615,988 | €666,202 | +€50,214 | +8.2% |
| Equity | 10/15 | €391,684 | €499,606 | +€107,922 | +27.6% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €238,000 | €338,000 | +€100,000 | +42.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €228,000 | €328,000 | +€100,000 | +43.9% |
| Profit (loss) carried forward | 14 | €53,684 | €61,606 | +€7,922 | +14.8% |
| Amounts payable | 17/49 | €224,304 | €166,596 | -€57,708 | -25.7% |
| Amounts payable after more than one year | 17 | €100,801 | €75,959 | -€24,842 | -24.6% |
| Financial debts | 170/4 | €100,801 | €75,959 | -€24,842 | -24.6% |
| Amounts payable within one year | 42/48 | €39,503 | €42,637 | +€3,134 | +7.9% |
| Current portion of amounts payable after more than one year | 42 | €24,608 | €24,842 | +€235 | +1.0% |
| Trade debts | 44 | €404 | €250 | -€154 | -38.1% |
| Suppliers | 440/4 | €404 | €250 | -€154 | -38.1% |
| Taxes, remuneration and social security | 45 | €14,491 | €16,091 | +€1,600 | +11.0% |
| Taxes | 450/3 | €14,491 | €16,091 | +€1,600 | +11.0% |
| Other amounts payable | 47/48 | - | €1,454 | +€1,454 | |
| Accrued charges and deferred income | 492/3 | €84,000 | €48,000 | -€36,000 | -42.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €14,787 | - | -€14,787 | |
| Remuneration, social security and pensions | 62 | €88,734 | €4,001 | -€84,733 | -95.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,967 | €10,170 | +€202 | +2.0% |
| Other operating charges | 640/8 | €1,862 | €1,228 | -€634 | -34.0% |
| Gross operating margin | 9900 | €150,923 | €198,212 | +€47,289 | +31.3% |
| Operating profit (loss) | 9901 | €50,359 | €182,813 | +€132,454 | +263.0% |
| Financial income | 75/76B | - | €6,048 | +€6,048 | |
| Recurring financial income | 75 | - | €6,048 | +€6,048 | |
| Financial charges | 65/66B | €2,130 | €1,687 | -€443 | -20.8% |
| Recurring financial charges | 65 | €2,130 | €1,687 | -€443 | -20.8% |
| Profit (loss) for the period before taxes | 9903 | €48,229 | €187,174 | +€138,945 | +288.1% |
| Income taxes | 67/77 | €13,692 | €31,252 | +€17,560 | +128.3% |
| Profit (loss) for the period | 9904 | €34,538 | €155,922 | +€121,384 | +351.5% |
| Profit (loss) for the period to be appropriated | 9905 | €34,538 | €155,922 | +€121,384 | +351.5% |
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 5 October 2026 via checked.be.