Frauxel: 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.
Frauxel
Largest movements
- Cash +€23,624
up €23,624 (+223.7%), from €10,559 to €34,183
mainly Net result for the year (+€24,959) and Receivables after one year (+€20,000)
- Receivables after one year -€20,000
no longer reported in 2025 (was €20,000)
- Tangible fixed assets -€5,439
down €5,439 (-14.0%), from €38,905 to €33,466
of which Other tangible fixed assets: -€3,491
- Receivables within one year -€3,678
down €3,678 (-13.2%), from €27,772 to €24,094
- Other debts +€11,710
up €11,710 (+7907.3%), from €148 to €11,858
- Profit (loss) carried forward -€10,336
down €10,336 (-14.6%), from €70,992 to €60,656
- Trade debts -€4,410
down €4,410 (-100.0%), from €4,410 to €0
of which Suppliers: -€2,789
- Tax, wage and social debts -€2,507
down €2,507 (-12.7%), from €19,722 to €17,216
- Gross operating margin -€5,566
down €5,566 (-11.7%), from €47,418 to €41,853
- Depreciation -€912
down €912 (-14.4%), from €6,351 to €5,439
- Write-downs -€762
no longer reported in 2025 (was €762)
- Taxes -€635
down €635 (-7.1%), from €8,945 to €8,310
- Other operating charges +€591
up €591 (+247.5%), from €239 to €830
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 | €98,272 | €92,730 | -€5,543 | -5.6% |
| Fixed assets | 21/28 | €38,905 | €33,466 | -€5,439 | -14.0% |
| Tangible fixed assets | 22/27 | €38,905 | €33,466 | -€5,439 | -14.0% |
| Plant, machinery and equipment | 23 | €604 | €287 | -€316 | -52.4% |
| Furniture and vehicles | 24 | €7,085 | €5,454 | -€1,632 | -23.0% |
| Other tangible fixed assets | 26 | €31,216 | €27,725 | -€3,491 | -11.2% |
| Current assets | 29/58 | €59,367 | €59,263 | -€104 | -0.2% |
| Amounts receivable after more than one year | 29 | €20,000 | - | -€20,000 | |
| Other amounts receivable | 291 | €20,000 | - | -€20,000 | |
| Amounts receivable within one year | 40/41 | €27,772 | €24,094 | -€3,678 | -13.2% |
| Trade receivables | 40 | €27,772 | €24,094 | -€3,678 | -13.2% |
| Cash at bank and in hand | 54/58 | €10,559 | €34,183 | +€23,624 | +223.7% |
| Deferred charges and accrued income | 490/1 | €1,036 | €986 | -€49 | -4.8% |
| Total equity and liabilities | 10/49 | €98,272 | €92,730 | -€5,543 | -5.6% |
| Equity | 10/15 | €73,992 | €63,656 | -€10,336 | -14.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €70,992 | €60,656 | -€10,336 | -14.6% |
| Amounts payable | 17/49 | €24,281 | €29,074 | +€4,793 | +19.7% |
| Amounts payable within one year | 42/48 | €24,281 | €29,074 | +€4,793 | +19.7% |
| Trade debts | 44 | €4,410 | €0 | -€4,410 | -100.0% |
| Suppliers | 440/4 | €2,789 | €0 | -€2,789 | -100.0% |
| Bills of exchange payable | 441 | €1,622 | - | -€1,622 | |
| Taxes, remuneration and social security | 45 | €19,722 | €17,216 | -€2,507 | -12.7% |
| Taxes | 450/3 | €19,722 | €17,216 | -€2,507 | -12.7% |
| Other amounts payable | 47/48 | €148 | €11,858 | +€11,710 | +7907.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,351 | €5,439 | -€912 | -14.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €762 | - | -€762 | |
| Other operating charges | 640/8 | €239 | €830 | +€591 | +247.5% |
| Gross operating margin | 9900 | €47,418 | €41,853 | -€5,566 | -11.7% |
| Operating profit (loss) | 9901 | €40,066 | €35,584 | -€4,482 | -11.2% |
| Financial income | 75/76B | €568 | €378 | -€190 | -33.5% |
| Recurring financial income | 75 | €568 | €378 | -€190 | -33.5% |
| Financial charges | 65/66B | €3,094 | €2,693 | -€401 | -13.0% |
| Recurring financial charges | 65 | €3,094 | €2,693 | -€401 | -13.0% |
| Profit (loss) for the period before taxes | 9903 | €37,539 | €33,268 | -€4,271 | -11.4% |
| Income taxes | 67/77 | €8,945 | €8,310 | -€635 | -7.1% |
| Profit (loss) for the period | 9904 | €28,595 | €24,959 | -€3,636 | -12.7% |
| Profit (loss) for the period to be appropriated | 9905 | €28,595 | €24,959 | -€3,636 | -12.7% |
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 12 October 2026 via checked.be.