FRANZ BUX: 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.
FRANZ BUX
Largest movements
- Receivables within one year +€356,008
up €356,008 (+217%), from €164,085 to €520,093
of which Other amounts receivable: +€289,688
- Cash -€198,561
down €198,561 (-49.0%), from €404,862 to €206,301
mainly Receivables within one year (-€356,008) and Contributions, distributions and other (-€150,000)
- Other debts +€150,000
up €150,000 (+188%), from €80,000 to €230,000
- Profit (loss) carried forward +€75,918
up €75,918 (+122%), from €62,093 to €138,011
- Debts after one year -€28,333
down €28,333 (-7.2%), from €391,944 to €363,611
- Tax, wage and social debts -€20,098
down €20,098 (-30.4%), from €66,217 to €46,119
of which Taxes: -€20,291
- Gross operating margin +€90,508
up €90,508 (+38.6%), from €234,198 to €324,706
- Depreciation -€32,925
down €32,925 (-40.2%), from €81,839 to €48,913
- Financial income +€22,609
up €22,609 (+116%), from €19,548 to €42,157
- Financial charges +€12,920
up €12,920 (+132%), from €9,793 to €22,713
- Taxes -€7,583
down €7,583 (-19.3%), from €39,205 to €31,623
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 | €1,042,244 | €1,207,515 | +€165,270 | +15.9% |
| Fixed assets | 21/28 | €422,932 | €412,251 | -€10,681 | -2.5% |
| Tangible fixed assets | 22/27 | €420,052 | €409,371 | -€10,681 | -2.5% |
| Land and buildings | 22 | €353,821 | €338,530 | -€15,291 | -4.3% |
| Plant, machinery and equipment | 23 | €631 | €8,299 | +€7,668 | +1,214% |
| Furniture and vehicles | 24 | €65,599 | €62,541 | -€3,058 | -4.7% |
| Financial fixed assets | 28 | €2,880 | €2,880 | = | 0.0% |
| Current assets | 29/58 | €619,312 | €795,264 | +€175,952 | +28.4% |
| Stocks and contracts in progress | 3 | €47,113 | €58,928 | +€11,816 | +25.1% |
| Stocks | 30/36 | €47,113 | €58,928 | +€11,816 | +25.1% |
| Amounts receivable within one year | 40/41 | €164,085 | €520,093 | +€356,008 | +217% |
| Trade receivables | 40 | €129,725 | €196,045 | +€66,320 | +51.1% |
| Other amounts receivable | 41 | €34,360 | €324,048 | +€289,688 | +843% |
| Cash at bank and in hand | 54/58 | €404,862 | €206,301 | -€198,561 | -49.0% |
| Deferred charges and accrued income | 490/1 | €3,253 | €9,942 | +€6,689 | +206% |
| Total equity and liabilities | 10/49 | €1,042,244 | €1,207,515 | +€165,270 | +15.9% |
| Equity | 10/15 | €453,966 | €528,412 | +€74,446 | +16.4% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Capital | 10 | €300,000 | €300,000 | = | 0.0% |
| Issued capital | 100 | €300,000 | €300,000 | = | 0.0% |
| Reserves | 13 | €91,873 | €90,401 | -€1,472 | -1.6% |
| Non-distributable reserves | 130/1 | €50,000 | €50,000 | = | 0.0% |
| Legal reserve | 130 | €50,000 | €50,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €41,873 | €40,401 | -€1,472 | -3.5% |
| Profit (loss) carried forward | 14 | €62,093 | €138,011 | +€75,918 | +122% |
| Provisions and deferred taxes | 16 | €1,458 | €967 | -€491 | -33.7% |
| Deferred taxes | 168 | €1,458 | €967 | -€491 | -33.7% |
| Amounts payable | 17/49 | €586,821 | €678,136 | +€91,315 | +15.6% |
| Amounts payable after more than one year | 17 | €391,944 | €363,611 | -€28,333 | -7.2% |
| Financial debts | 170/4 | €391,944 | €363,611 | -€28,333 | -7.2% |
| Amounts payable within one year | 42/48 | €194,877 | €314,525 | +€119,648 | +61.4% |
| Current portion of amounts payable after more than one year | 42 | €28,333 | €28,333 | = | 0.0% |
| Trade debts | 44 | €20,326 | €10,073 | -€10,253 | -50.4% |
| Suppliers | 440/4 | €20,326 | - | -€20,326 | |
| Bills of exchange payable | 441 | - | €10,073 | +€10,073 | |
| Taxes, remuneration and social security | 45 | €66,217 | €46,119 | -€20,098 | -30.4% |
| Taxes | 450/3 | €61,779 | €41,487 | -€20,291 | -32.8% |
| Remuneration and social security | 454/9 | €4,438 | €4,631 | +€193 | +4.3% |
| Other amounts payable | 47/48 | €80,000 | €230,000 | +€150,000 | +188% |
| Non-recurring operating income | 76A | €6,071 | €6,520 | +€449 | +7.4% |
| Remuneration, social security and pensions | 62 | €27,577 | €28,093 | +€516 | +1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81,839 | €48,913 | -€32,925 | -40.2% |
| Other operating charges | 640/8 | €10,608 | €11,566 | +€958 | +9.0% |
| Gross operating margin | 9900 | €234,198 | €324,706 | +€90,508 | +38.6% |
| Operating profit (loss) | 9901 | €114,174 | €236,134 | +€121,959 | +107% |
| Financial income | 75/76B | €19,548 | €42,157 | +€22,609 | +116% |
| Recurring financial income | 75 | €19,548 | €42,157 | +€22,609 | +116% |
| Financial charges | 65/66B | €9,793 | €22,713 | +€12,920 | +132% |
| Recurring financial charges | 65 | €9,793 | €22,713 | +€12,920 | +132% |
| Profit (loss) for the period before taxes | 9903 | €123,929 | €255,578 | +€131,649 | +106% |
| Transfer from deferred taxes | 780 | €423 | €491 | +€67 | +15.9% |
| Transfer to deferred taxes | 680 | €1,250 | - | -€1,250 | |
| Income taxes | 67/77 | €39,205 | €31,623 | -€7,583 | -19.3% |
| Profit (loss) for the period | 9904 | €83,897 | €224,446 | +€140,549 | +168% |
| Transfer from tax-exempt reserves | 789 | €1,270 | €1,472 | +€202 | +15.9% |
| Transfer to tax-exempt reserves | 689 | €3,750 | - | -€3,750 | |
| Profit (loss) for the period to be appropriated | 9905 | €81,417 | €225,918 | +€144,501 | +177% |
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 16 October 2026 via checked.be.