FRAVERTRANS: 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.
FRAVERTRANS
Largest movements
- Tangible fixed assets +€125,592
up €125,592 (+216.2%), from €58,087 to €183,679
of which Furniture and vehicles: +€124,995
- Cash +€28,457
up €28,457 (+27.0%), from €105,451 to €133,908
mainly Debts after one year (+€87,883) and Net result for the year (+€63,648)
- Receivables within one year +€5,861
up €5,861 (+18.9%), from €31,039 to €36,900
of which Other amounts receivable: +€7,936
- Debts after one year +€87,883
up €87,883 (+385.5%), from €22,797 to €110,681
- Reserves +€63,232
up €63,232 (+47.8%), from €132,379 to €195,611
of which Tax-exempt reserves: +€34,000
- Current portion of long-term debt +€14,181
up €14,181 (+151.9%), from €9,337 to €23,518
- Gross operating margin +€44,719
up €44,719 (+76.1%), from €58,753 to €103,473
- Depreciation +€9,139
up €9,139 (+50.9%), from €17,951 to €27,090
- Taxes -€2,354
down €2,354 (-22.8%), from €10,300 to €7,947
- Financial charges +€1,211
up €1,211 (+42.7%), from €2,835 to €4,046
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 | €199,877 | €361,115 | +€161,239 | +80.7% |
| Fixed assets | 21/28 | €58,087 | €183,679 | +€125,592 | +216.2% |
| Tangible fixed assets | 22/27 | €58,087 | €183,679 | +€125,592 | +216.2% |
| Land and buildings | 22 | €6,778 | €5,581 | -€1,197 | -17.7% |
| Plant, machinery and equipment | 23 | - | €1,794 | +€1,794 | |
| Furniture and vehicles | 24 | €51,308 | €176,303 | +€124,995 | +243.6% |
| Current assets | 29/58 | €141,790 | €177,436 | +€35,646 | +25.1% |
| Amounts receivable within one year | 40/41 | €31,039 | €36,900 | +€5,861 | +18.9% |
| Trade receivables | 40 | €31,039 | €28,963 | -€2,076 | -6.7% |
| Other amounts receivable | 41 | - | €7,936 | +€7,936 | |
| Cash at bank and in hand | 54/58 | €105,451 | €133,908 | +€28,457 | +27.0% |
| Deferred charges and accrued income | 490/1 | €5,300 | €6,629 | +€1,329 | +25.1% |
| Total equity and liabilities | 10/49 | €199,877 | €361,115 | +€161,239 | +80.7% |
| Equity | 10/15 | €150,979 | €214,211 | +€63,232 | +41.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €132,379 | €195,611 | +€63,232 | +47.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €10,000 | €44,000 | +€34,000 | +340.0% |
| Distributable reserves | 133 | €122,379 | €151,611 | +€29,232 | +23.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Investment grants | 15 | €0 | - | = | |
| Amounts payable | 17/49 | €48,897 | €146,904 | +€98,007 | +200.4% |
| Amounts payable after more than one year | 17 | €22,797 | €110,681 | +€87,883 | +385.5% |
| Financial debts | 170/4 | €22,797 | €110,681 | +€87,883 | +385.5% |
| Amounts payable within one year | 42/48 | €24,758 | €35,402 | +€10,644 | +43.0% |
| Current portion of amounts payable after more than one year | 42 | €9,337 | €23,518 | +€14,181 | +151.9% |
| Trade debts | 44 | €6,911 | €4,782 | -€2,129 | -30.8% |
| Suppliers | 440/4 | €6,911 | €4,782 | -€2,129 | -30.8% |
| Taxes, remuneration and social security | 45 | €6,160 | €4,855 | -€1,305 | -21.2% |
| Taxes | 450/3 | €3,984 | €2,855 | -€1,129 | -28.3% |
| Remuneration and social security | 454/9 | €2,176 | €2,000 | -€176 | -8.1% |
| Other amounts payable | 47/48 | €2,350 | €2,248 | -€103 | -4.4% |
| Accrued charges and deferred income | 492/3 | €1,342 | €822 | -€521 | -38.8% |
| Non-recurring operating income | 76A | €0 | €34,000 | +€34,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,951 | €27,090 | +€9,139 | +50.9% |
| Other operating charges | 640/8 | €1,934 | €1,782 | -€152 | -7.8% |
| Gross operating margin | 9900 | €58,753 | €103,473 | +€44,719 | +76.1% |
| Operating profit (loss) | 9901 | €38,869 | €74,601 | +€35,732 | +91.9% |
| Financial income | 75/76B | €486 | €1,040 | +€554 | +113.9% |
| Recurring financial income | 75 | €486 | €1,040 | +€554 | +113.9% |
| Financial charges | 65/66B | €2,835 | €4,046 | +€1,211 | +42.7% |
| Recurring financial charges | 65 | €2,835 | €4,046 | +€1,211 | +42.7% |
| Profit (loss) for the period before taxes | 9903 | €36,520 | €71,595 | +€35,075 | +96.0% |
| Income taxes | 67/77 | €10,300 | €7,947 | -€2,354 | -22.8% |
| Profit (loss) for the period | 9904 | €26,220 | €63,648 | +€37,429 | +142.8% |
| Transfer to tax-exempt reserves | 689 | - | €34,000 | +€34,000 | |
| Profit (loss) for the period to be appropriated | 9905 | €26,220 | €29,648 | +€3,429 | +13.1% |
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 5 October 2026 via checked.be.