FRAVANTI: 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.
FRAVANTI
Largest movements
- Tangible fixed assets -€47,041
down €47,041 (-3.6%), from €1.3m to €1.3m
of which Land and buildings: -€58,774
- Receivables within one year +€41,322
up €41,322 (+20.7%), from €199,970 to €241,292
of which Trade receivables: +€24,200
- Debts after one year -€71,663
down €71,663 (-10.0%), from €716,363 to €644,700
- Reserves +€56,407
up €56,407 (+9.1%), from €617,456 to €673,863
of which Distributable reserves: +€56,407
- Trade debts -€41,510
down €41,510 (-91.3%), from €45,444 to €3,934
- Tax, wage and social debts +€36,368
up €36,368 (+535%), from €6,799 to €43,167
of which Taxes: +€30,968
- Gross operating margin +€40,441
up €40,441 (+16.1%), from €251,290 to €291,731
- Taxes +€13,818
up €13,818 (+43.5%), from €31,759 to €45,577
- Depreciation +€4,303
up €4,303 (+4.3%), from €100,736 to €105,039
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 | €1,516,136 | €1,503,590 | -€12,546 | -0.8% |
| Fixed assets | 21/28 | €1,304,058 | €1,257,017 | -€47,041 | -3.6% |
| Tangible fixed assets | 22/27 | €1,304,058 | €1,257,017 | -€47,041 | -3.6% |
| Land and buildings | 22 | €1,139,898 | €1,081,123 | -€58,774 | -5.2% |
| Plant, machinery and equipment | 23 | €111,412 | €83,889 | -€27,523 | -24.7% |
| Furniture and vehicles | 24 | €11,757 | €61,261 | +€49,504 | +421% |
| Leasing and similar rights | 25 | €40,992 | €30,744 | -€10,248 | -25.0% |
| Current assets | 29/58 | €212,078 | €246,573 | +€34,495 | +16.3% |
| Amounts receivable within one year | 40/41 | €199,970 | €241,292 | +€41,322 | +20.7% |
| Trade receivables | 40 | - | €24,200 | +€24,200 | |
| Other amounts receivable | 41 | €199,970 | €217,092 | +€17,122 | +8.6% |
| Cash at bank and in hand | 54/58 | €12,108 | €2,700 | -€9,408 | -77.7% |
| Deferred charges and accrued income | 490/1 | - | €2,581 | +€2,581 | |
| Total equity and liabilities | 10/49 | €1,516,136 | €1,503,590 | -€12,546 | -0.8% |
| Equity | 10/15 | €680,456 | €736,863 | +€56,407 | +8.3% |
| Contributions | 10/11 | €63,000 | €63,000 | = | 0.0% |
| Capital | 10 | €63,000 | €63,000 | = | 0.0% |
| Issued capital | 100 | €63,000 | €63,000 | = | 0.0% |
| Reserves | 13 | €617,456 | €673,863 | +€56,407 | +9.1% |
| Non-distributable reserves | 130/1 | €6,300 | €6,300 | = | 0.0% |
| Legal reserve | 130 | €6,300 | €6,300 | = | 0.0% |
| Distributable reserves | 133 | €611,156 | €667,563 | +€56,407 | +9.2% |
| Amounts payable | 17/49 | €835,680 | €766,728 | -€68,952 | -8.3% |
| Amounts payable after more than one year | 17 | €716,363 | €644,700 | -€71,663 | -10.0% |
| Financial debts | 170/4 | €716,363 | €644,700 | -€71,663 | -10.0% |
| Amounts payable within one year | 42/48 | €119,317 | €122,028 | +€2,711 | +2.3% |
| Current portion of amounts payable after more than one year | 42 | €45,753 | €46,163 | +€410 | +0.9% |
| Trade debts | 44 | €45,444 | €3,934 | -€41,510 | -91.3% |
| Suppliers | 440/4 | €45,444 | €3,934 | -€41,510 | -91.3% |
| Taxes, remuneration and social security | 45 | €6,799 | €43,167 | +€36,368 | +535% |
| Taxes | 450/3 | €6,799 | €37,767 | +€30,968 | +456% |
| Remuneration and social security | 454/9 | - | €5,400 | +€5,400 | |
| Other amounts payable | 47/48 | €21,320 | €28,763 | +€7,443 | +34.9% |
| Non-recurring operating income | 76A | €629 | - | -€629 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €100,736 | €105,039 | +€4,303 | +4.3% |
| Other operating charges | 640/8 | €10,838 | €11,009 | +€170 | +1.6% |
| Gross operating margin | 9900 | €251,290 | €291,731 | +€40,441 | +16.1% |
| Operating profit (loss) | 9901 | €139,716 | €175,683 | +€35,968 | +25.7% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €26,586 | €23,699 | -€2,886 | -10.9% |
| Recurring financial charges | 65 | €26,586 | €23,699 | -€2,886 | -10.9% |
| Profit (loss) for the period before taxes | 9903 | €113,130 | €151,984 | +€38,854 | +34.3% |
| Income taxes | 67/77 | €31,759 | €45,577 | +€13,818 | +43.5% |
| Profit (loss) for the period | 9904 | €81,371 | €106,407 | +€25,036 | +30.8% |
| Profit (loss) for the period to be appropriated | 9905 | €81,371 | €106,407 | +€25,036 | +30.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.