FRAUKE MOLEN: 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.
What changed
FRAUKE MOLEN
NACE 85.510, Sports and recreation education
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€364
2024 · €5,761-€5,397
Equity
€71,334
2024 · €70,970+€364
Cash
€15,616
2024 · €15,905-€289
Balance sheet total
€229,040
2024 · €239,353-€10,313
Largest movements
Assets
- Tangible fixed assets -€8,822
down €8,822 (-4.4%), from €200,583 to €191,761
of which Land and buildings: -€7,023
- Receivables within one year -€3,475
down €3,475 (-28.1%), from €12,369 to €8,894
of which Trade receivables: -€3,493
Equity and liabilities
- Debts after one year -€8,549
down €8,549 (-6.1%), from €140,177 to €131,628
Income statement
- Gross operating margin -€3,646
down €3,646 (-19.8%), from €18,405 to €14,759
- Financial income -€1,774
down €1,774 (-97.8%), from €1,813 to €39
- Depreciation -€195
down €195 (-2.1%), from €9,223 to €9,028
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.
Result 2024
€5,761
Gross operating margin
-€3,646
Depreciation
+€195
Other operating charges
-€103
Financial income
-€1,774
Financial charges
-€143
Taxes
+€74
Result 2025
€364
raises the resultlowers the result
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.
From operations
+€8,957
Investment
-€833
Financing
-€8,413
Cash 2024
€15,905
From operations (derived)
+€8,957
Net result for the year
+€364
Depreciation
+€9,028
Stocks and contracts
-€250
Receivables within one year
+€3,475
Deferred charges and accrued income
-€1,396
Trade debts
-€819
Tax, wage and social debts
-€102
Advances received
-€445
Other debts
-€1,618
Accrued charges and deferred income
+€720
Investment (derived)
-€833
Investment in fixed assets (net)
+€1
Current investments
-€834
Financing
-€8,413
Debts after one year
-€8,549
Current portion of long-term debt
+€136
Cash 2025
€15,616
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €239,353 | €229,040 | -€10,313 | -4.3% |
| Formation expenses | 20 | €494 | €287 | -€207 | -41.9% |
| Fixed assets | 21/28 | €200,583 | €191,761 | -€8,822 | -4.4% |
| Tangible fixed assets | 22/27 | €200,583 | €191,761 | -€8,822 | -4.4% |
| Land and buildings | 22 | €195,011 | €187,988 | -€7,023 | -3.6% |
| Plant, machinery and equipment | 23 | €277 | €45 | -€232 | -83.8% |
| Furniture and vehicles | 24 | €5,295 | €3,728 | -€1,567 | -29.6% |
| Current assets | 29/58 | €38,276 | €36,992 | -€1,284 | -3.4% |
| Stocks and contracts in progress | 3 | €500 | €750 | +€250 | +50.0% |
| Stocks | 30/36 | €500 | €750 | +€250 | +50.0% |
| Amounts receivable within one year | 40/41 | €12,369 | €8,894 | -€3,475 | -28.1% |
| Trade receivables | 40 | €10,677 | €7,184 | -€3,493 | -32.7% |
| Other amounts receivable | 41 | €1,692 | €1,710 | +€18 | +1.1% |
| Current investments | 50/53 | €4,915 | €5,749 | +€834 | +17.0% |
| Cash at bank and in hand | 54/58 | €15,905 | €15,616 | -€289 | -1.8% |
| Deferred charges and accrued income | 490/1 | €4,587 | €5,983 | +€1,396 | +30.4% |
| Total equity and liabilities | 10/49 | €239,353 | €229,040 | -€10,313 | -4.3% |
| Equity | 10/15 | €70,970 | €71,334 | +€364 | +0.5% |
| Contributions | 10/11 | €51,000 | €51,000 | = | 0.0% |
| Reserves | 13 | €19,970 | €19,970 | = | 0.0% |
| Distributable reserves | 133 | €19,970 | €19,970 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €364 | +€364 | |
| Amounts payable | 17/49 | €168,383 | €157,706 | -€10,677 | -6.3% |
| Amounts payable after more than one year | 17 | €140,177 | €131,628 | -€8,549 | -6.1% |
| Financial debts | 170/4 | €140,177 | €131,628 | -€8,549 | -6.1% |
| Amounts payable within one year | 42/48 | €28,206 | €25,358 | -€2,848 | -10.1% |
| Current portion of amounts payable after more than one year | 42 | €8,413 | €8,549 | +€136 | +1.6% |
| Trade debts | 44 | €2,616 | €1,797 | -€819 | -31.3% |
| Suppliers | 440/4 | €2,616 | €1,797 | -€819 | -31.3% |
| Advances received on contracts in progress | 46 | €590 | €145 | -€445 | -75.4% |
| Taxes, remuneration and social security | 45 | €3,331 | €3,229 | -€102 | -3.1% |
| Taxes | 450/3 | €2,831 | €2,729 | -€102 | -3.6% |
| Remuneration and social security | 454/9 | €500 | €500 | = | 0.0% |
| Other amounts payable | 47/48 | €13,256 | €11,638 | -€1,618 | -12.2% |
| Accrued charges and deferred income | 492/3 | - | €720 | +€720 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,223 | €9,028 | -€195 | -2.1% |
| Other operating charges | 640/8 | €1,921 | €2,024 | +€103 | +5.4% |
| Gross operating margin | 9900 | €18,405 | €14,759 | -€3,646 | -19.8% |
| Operating profit (loss) | 9901 | €7,261 | €3,707 | -€3,554 | -48.9% |
| Financial income | 75/76B | €1,813 | €39 | -€1,774 | -97.8% |
| Recurring financial income | 75 | €1,813 | €39 | -€1,774 | -97.8% |
| Financial charges | 65/66B | €2,947 | €3,090 | +€143 | +4.9% |
| Recurring financial charges | 65 | €2,947 | €3,090 | +€143 | +4.9% |
| Profit (loss) for the period before taxes | 9903 | €6,127 | €656 | -€5,471 | -89.3% |
| Income taxes | 67/77 | €366 | €292 | -€74 | -20.2% |
| Profit (loss) for the period | 9904 | €5,761 | €364 | -€5,397 | -93.7% |
| Profit (loss) for the period to be appropriated | 9905 | €5,761 | €364 | -€5,397 | -93.7% |
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 30 October 2026 via checked.be.