FratechniC: 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.
FratechniC
Largest movements
- Tangible fixed assets +€674,518
up €674,518 (+2263.0%), from €29,806 to €704,324
of which Plant, machinery and equipment: +€573,478
- Receivables within one year -€125,768
down €125,768 (-71.7%), from €175,315 to €49,547
of which Trade receivables: -€125,768
- Cash +€39,680
up €39,680 (+272.9%), from €14,538 to €54,218
mainly Debts after one year (+€585,812) and Receivables within one year (+€125,768)
- Stocks and contracts +€17,500
up €17,500 (+26.9%), from €65,000 to €82,500
- Debts after one year +€585,812
new in 2025: €585,812
- Current portion of long-term debt +€100,425
new in 2025: €100,425
- Short-term financial debts -€88,426
down €88,426 (-88.4%), from €100,000 to €11,574
of which Credit institutions: -€100,000
- Other debts +€49,739
up €49,739 (+38.7%), from €128,404 to €178,143
- Profit (loss) carried forward -€37,635
new in 2025: -€37,635
- Gross operating margin -€56,026
down €56,026, from €53,154 to -€2,871
- Depreciation -€18,440
down €18,440 (-47.2%), from €39,077 to €20,637
- Financial charges +€2,100
up €2,100 (+35.8%), from €5,874 to €7,974
- Taxes -€1,767
down €1,767 (-99.3%), from €1,778 to €12
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 | €285,831 | €891,731 | +€605,901 | +212.0% |
| Fixed assets | 21/28 | €29,806 | €704,324 | +€674,518 | +2263.0% |
| Tangible fixed assets | 22/27 | €29,806 | €704,324 | +€674,518 | +2263.0% |
| Plant, machinery and equipment | 23 | €29,428 | €602,906 | +€573,478 | +1948.8% |
| Furniture and vehicles | 24 | €379 | €101,418 | +€101,040 | +26692.7% |
| Current assets | 29/58 | €256,024 | €187,407 | -€68,617 | -26.8% |
| Stocks and contracts in progress | 3 | €65,000 | €82,500 | +€17,500 | +26.9% |
| Stocks | 30/36 | €65,000 | €82,500 | +€17,500 | +26.9% |
| Amounts receivable within one year | 40/41 | €175,315 | €49,547 | -€125,768 | -71.7% |
| Trade receivables | 40 | €175,222 | €49,454 | -€125,768 | -71.8% |
| Other amounts receivable | 41 | €93 | €93 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €14,538 | €54,218 | +€39,680 | +272.9% |
| Deferred charges and accrued income | 490/1 | €1,170 | €1,142 | -€28 | -2.4% |
| Total equity and liabilities | 10/49 | €285,831 | €891,731 | +€605,901 | +212.0% |
| Equity | 10/15 | €43,113 | €5,478 | -€37,635 | -87.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €38,113 | €38,113 | = | 0.0% |
| Distributable reserves | 133 | €38,113 | €38,113 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€37,635 | -€37,635 | |
| Amounts payable | 17/49 | €242,717 | €886,253 | +€643,536 | +265.1% |
| Amounts payable after more than one year | 17 | - | €585,812 | +€585,812 | |
| Financial debts | 170/4 | - | €585,812 | +€585,812 | |
| Amounts payable within one year | 42/48 | €242,717 | €300,442 | +€57,724 | +23.8% |
| Current portion of amounts payable after more than one year | 42 | - | €100,425 | +€100,425 | |
| Financial debts | 43 | €100,000 | €11,574 | -€88,426 | -88.4% |
| Credit institutions | 430/8 | €100,000 | €0 | -€100,000 | -100.0% |
| Other loans | 439 | - | €11,574 | +€11,574 | |
| Trade debts | 44 | €7,474 | €5,938 | -€1,536 | -20.6% |
| Suppliers | 440/4 | €7,474 | €5,938 | -€1,536 | -20.6% |
| Taxes, remuneration and social security | 45 | €6,840 | €4,362 | -€2,477 | -36.2% |
| Taxes | 450/3 | €6,840 | €4,362 | -€2,477 | -36.2% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €128,404 | €178,143 | +€49,739 | +38.7% |
| Non-recurring operating income | 76A | - | €14,000 | +€14,000 | |
| Remuneration, social security and pensions | 62 | €34 | €0 | -€34 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,077 | €20,637 | -€18,440 | -47.2% |
| Other operating charges | 640/8 | €306 | €805 | +€499 | +162.8% |
| Non-recurring operating charges | 66A | - | €6,000 | +€6,000 | |
| Gross operating margin | 9900 | €53,154 | -€2,871 | -€56,026 | |
| Operating profit (loss) | 9901 | €13,738 | -€30,313 | -€44,050 | |
| Financial income | 75/76B | €295 | €664 | +€369 | +125.3% |
| Recurring financial income | 75 | €295 | €664 | +€369 | +125.3% |
| Financial charges | 65/66B | €5,874 | €7,974 | +€2,100 | +35.8% |
| Recurring financial charges | 65 | €5,874 | €7,974 | +€2,100 | +35.8% |
| Profit (loss) for the period before taxes | 9903 | €8,158 | -€37,624 | -€45,782 | |
| Income taxes | 67/77 | €1,778 | €12 | -€1,767 | -99.3% |
| Profit (loss) for the period | 9904 | €6,380 | -€37,635 | -€44,015 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,380 | -€37,635 | -€44,015 |
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 8 October 2026 via checked.be.