FRAVASCO IMMO: 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.
FRAVASCO IMMO
Largest movements
- Tangible fixed assets -€216,641
down €216,641 (-5.6%), from €3.8m to €3.6m
of which Furniture and vehicles: -€239,371
- Debts after one year -€214,335
down €214,335 (-6.3%), from €3.4m to €3.2m
- Reserves -€72,608
down €72,608 (-13.0%), from €557,078 to €484,470
- Financial charges -€12,519
down €12,519 (-12.9%), from €97,073 to €84,554
- Gross operating margin +€2,390
up €2,390 (+1.0%), from €227,920 to €230,310
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 | €4,184,908 | €3,904,023 | -€280,885 | -6.7% |
| Fixed assets | 21/28 | €3,843,501 | €3,626,860 | -€216,641 | -5.6% |
| Tangible fixed assets | 22/27 | €3,843,501 | €3,626,860 | -€216,641 | -5.6% |
| Land and buildings | 22 | €3,604,129 | €3,626,860 | +€22,730 | +0.6% |
| Furniture and vehicles | 24 | €239,371 | - | -€239,371 | |
| Current assets | 29/58 | €341,408 | €277,163 | -€64,244 | -18.8% |
| Amounts receivable within one year | 40/41 | €299,890 | €274,923 | -€24,967 | -8.3% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €299,890 | €274,923 | -€24,967 | -8.3% |
| Cash at bank and in hand | 54/58 | €41,518 | €2,241 | -€39,277 | -94.6% |
| Total equity and liabilities | 10/49 | €4,184,908 | €3,904,023 | -€280,885 | -6.7% |
| Equity | 10/15 | €569,478 | €496,870 | -€72,608 | -12.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €557,078 | €484,470 | -€72,608 | -13.0% |
| Distributable reserves | 133 | €557,078 | €484,470 | -€72,608 | -13.0% |
| Amounts payable | 17/49 | €3,615,430 | €3,407,153 | -€208,277 | -5.8% |
| Amounts payable after more than one year | 17 | €3,393,876 | €3,179,540 | -€214,335 | -6.3% |
| Financial debts | 170/4 | €3,393,876 | €3,179,540 | -€214,335 | -6.3% |
| Amounts payable within one year | 42/48 | €221,554 | €227,612 | +€6,058 | +2.7% |
| Current portion of amounts payable after more than one year | 42 | €209,262 | €214,335 | +€5,074 | +2.4% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €293 | €999 | +€706 | +241% |
| Suppliers | 440/4 | €293 | €999 | +€706 | +241% |
| Taxes, remuneration and social security | 45 | €11,999 | €12,278 | +€279 | +2.3% |
| Taxes | 450/3 | €11,999 | €12,278 | +€279 | +2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €216,635 | €216,641 | +€6 | 0.0% |
| Other operating charges | 640/8 | €1,633 | €1,723 | +€91 | +5.5% |
| Gross operating margin | 9900 | €227,920 | €230,310 | +€2,390 | +1.0% |
| Operating profit (loss) | 9901 | €9,653 | €11,946 | +€2,293 | +23.8% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €97,073 | €84,554 | -€12,519 | -12.9% |
| Recurring financial charges | 65 | €97,073 | €84,554 | -€12,519 | -12.9% |
| Profit (loss) for the period before taxes | 9903 | -€87,420 | -€72,608 | +€14,812 | +16.9% |
| Profit (loss) for the period | 9904 | -€87,420 | -€72,608 | +€14,812 | +16.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€87,420 | -€72,608 | +€14,812 | +16.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.