FRAVECON: 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.
FRAVECON
Largest movements
- Cash +€52,576
up €52,576 (+77.4%), from €67,935 to €120,510
mainly Net result for the year (+€62,150) and Other debts (+€50,000)
- Tangible fixed assets +€7,326
up €7,326 (+23.7%), from €30,910 to €38,236
of which Furniture and vehicles: +€8,126
- Other debts +€50,000
new in 2025: €50,000
- Reserves +€12,150
up €12,150 (+5.2%), from €235,324 to €247,474
- Depreciation -€9,941
down €9,941 (-58.6%), from €16,975 to €7,034
- Taxes -€2,768
down €2,768 (-14.2%), from €19,505 to €16,737
- Financial income +€2,569
up €2,569 (+110.5%), from €2,326 to €4,895
- Gross operating margin +€1,521
up €1,521 (+1.9%), from €81,685 to €83,206
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 | €249,432 | €310,098 | +€60,666 | +24.3% |
| Fixed assets | 21/28 | €30,910 | €38,236 | +€7,326 | +23.7% |
| Tangible fixed assets | 22/27 | €30,910 | €38,236 | +€7,326 | +23.7% |
| Land and buildings | 22 | €27,145 | €26,345 | -€800 | -2.9% |
| Furniture and vehicles | 24 | €3,765 | €11,891 | +€8,126 | +215.9% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Current assets | 29/58 | €218,522 | €271,862 | +€53,340 | +24.4% |
| Amounts receivable within one year | 40/41 | €0 | €777 | +€777 | |
| Trade receivables | 40 | €0 | €45 | +€45 | |
| Other amounts receivable | 41 | - | €732 | +€732 | |
| Current investments | 50/53 | €150,000 | €150,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €67,935 | €120,510 | +€52,576 | +77.4% |
| Deferred charges and accrued income | 490/1 | €588 | €575 | -€13 | -2.2% |
| Total equity and liabilities | 10/49 | €249,432 | €310,098 | +€60,666 | +24.3% |
| Equity | 10/15 | €238,824 | €250,974 | +€12,150 | +5.1% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €235,324 | €247,474 | +€12,150 | +5.2% |
| Distributable reserves | 133 | €235,324 | €247,474 | +€12,150 | +5.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €10,609 | €59,125 | +€48,516 | +457.3% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €10,223 | €58,729 | +€48,506 | +474.5% |
| Current portion of amounts payable after more than one year | 42 | €793 | €0 | -€793 | -100.0% |
| Trade debts | 44 | €1,881 | €1,230 | -€651 | -34.6% |
| Suppliers | 440/4 | €1,881 | €1,230 | -€651 | -34.6% |
| Taxes, remuneration and social security | 45 | €7,550 | €7,499 | -€51 | -0.7% |
| Taxes | 450/3 | €7,550 | €7,499 | -€51 | -0.7% |
| Other amounts payable | 47/48 | - | €50,000 | +€50,000 | |
| Accrued charges and deferred income | 492/3 | €385 | €396 | +€10 | +2.7% |
| Non-recurring operating income | 76A | €240 | €150 | -€90 | -37.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,975 | €7,034 | -€9,941 | -58.6% |
| Other operating charges | 640/8 | €2,090 | €1,259 | -€831 | -39.8% |
| Gross operating margin | 9900 | €81,685 | €83,206 | +€1,521 | +1.9% |
| Operating profit (loss) | 9901 | €62,621 | €74,912 | +€12,292 | +19.6% |
| Financial income | 75/76B | €2,326 | €4,895 | +€2,569 | +110.5% |
| Recurring financial income | 75 | €2,326 | €4,895 | +€2,569 | +110.5% |
| Financial charges | 65/66B | €997 | €920 | -€77 | -7.7% |
| Recurring financial charges | 65 | €997 | €920 | -€77 | -7.7% |
| Profit (loss) for the period before taxes | 9903 | €63,949 | €78,887 | +€14,938 | +23.4% |
| Income taxes | 67/77 | €19,505 | €16,737 | -€2,768 | -14.2% |
| Profit (loss) for the period | 9904 | €44,445 | €62,150 | +€17,706 | +39.8% |
| Profit (loss) for the period to be appropriated | 9905 | €44,445 | €62,150 | +€17,706 | +39.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.