FRAVERzekeringen: 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.
FRAVERzekeringen
Largest movements
- Intangible fixed assets -€29,445
down €29,445 (-27.3%), from €107,691 to €78,246
- Cash -€14,473
down €14,473 (-42.5%), from €34,028 to €19,554
mainly Current portion of long-term debt (-€31,433) and Receivables within one year (-€13,319)
- Receivables within one year +€13,319
up €13,319 (+52.2%), from €25,530 to €38,848
of which Other amounts receivable: +€11,619
- Tangible fixed assets -€11,831
down €11,831 (-31.9%), from €37,084 to €25,252
of which Furniture and vehicles: -€11,547
- Current portion of long-term debt -€31,433
down €31,433 (-79.4%), from €39,590 to €8,156
- Debts after one year -€8,156
down €8,156 (-81.9%), from €9,958 to €1,801
- Gross operating margin -€7,659
down €7,659 (-13.9%), from €55,253 to €47,594
- Taxes -€2,063
down €2,063 (-37.9%), from €5,443 to €3,381
- Financial charges -€712
down €712 (-45.8%), from €1,554 to €843
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 | €204,332 | €161,901 | -€42,431 | -20.8% |
| Fixed assets | 21/28 | €144,775 | €103,498 | -€41,277 | -28.5% |
| Intangible fixed assets | 21 | €107,691 | €78,246 | -€29,445 | -27.3% |
| Tangible fixed assets | 22/27 | €37,084 | €25,252 | -€11,831 | -31.9% |
| Plant, machinery and equipment | 23 | €284 | €0 | -€284 | -100% |
| Furniture and vehicles | 24 | €36,799 | €25,252 | -€11,547 | -31.4% |
| Current assets | 29/58 | €59,557 | €58,403 | -€1,154 | -1.9% |
| Amounts receivable within one year | 40/41 | €25,530 | €38,848 | +€13,319 | +52.2% |
| Trade receivables | 40 | €15,973 | €17,673 | +€1,700 | +10.6% |
| Other amounts receivable | 41 | €9,557 | €21,176 | +€11,619 | +122% |
| Cash at bank and in hand | 54/58 | €34,028 | €19,554 | -€14,473 | -42.5% |
| Total equity and liabilities | 10/49 | €204,332 | €161,901 | -€42,431 | -20.8% |
| Equity | 10/15 | €142,526 | €141,647 | -€880 | -0.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €136,326 | €135,447 | -€880 | -0.6% |
| Distributable reserves | 133 | €136,326 | €135,447 | -€880 | -0.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €61,805 | €20,254 | -€41,551 | -67.2% |
| Amounts payable after more than one year | 17 | €9,958 | €1,801 | -€8,156 | -81.9% |
| Financial debts | 170/4 | €9,958 | €1,801 | -€8,156 | -81.9% |
| Amounts payable within one year | 42/48 | €51,848 | €18,453 | -€33,395 | -64.4% |
| Current portion of amounts payable after more than one year | 42 | €39,590 | €8,156 | -€31,433 | -79.4% |
| Trade debts | 44 | €2,764 | €2,130 | -€634 | -22.9% |
| Suppliers | 440/4 | €2,764 | €2,130 | -€634 | -22.9% |
| Other amounts payable | 47/48 | €9,494 | €8,167 | -€1,327 | -14.0% |
| Remuneration, social security and pensions | 62 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,118 | €41,277 | +€159 | +0.4% |
| Other operating charges | 640/8 | €551 | €553 | +€2 | +0.3% |
| Gross operating margin | 9900 | €55,253 | €47,594 | -€7,659 | -13.9% |
| Operating profit (loss) | 9901 | €13,584 | €5,765 | -€7,819 | -57.6% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €1,554 | €843 | -€712 | -45.8% |
| Recurring financial charges | 65 | €1,554 | €843 | -€712 | -45.8% |
| Profit (loss) for the period before taxes | 9903 | €12,030 | €4,927 | -€7,103 | -59.0% |
| Income taxes | 67/77 | €5,443 | €3,381 | -€2,063 | -37.9% |
| Profit (loss) for the period | 9904 | €6,586 | €1,546 | -€5,040 | -76.5% |
| Profit (loss) for the period to be appropriated | 9905 | €6,586 | €1,546 | -€5,040 | -76.5% |
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 24 October 2026 via checked.be.