FRAXINUS B.F.: what changed
What changed
FRAXINUS B.F.
NACE 69.201, Certified accountants and tax accountants
filed annual accounts (NBB)
Net result for the year
€169,730
2024 · €186,904-€17,174
Equity
€1.8m
2024 · €1.7m+€169,730
Cash
€365,216
2024 · €565,693-€200,476
Balance sheet total
€2.0m
2024 · €2.0m-€494
Largest movements
Assets
- Cash -€200,476
down €200,476 (-35.4%), from €565,693 to €365,216
mainly Investment in fixed assets (net) (-€267,056) and Short-term financial debts (-€179,833)
- Tangible fixed assets +€184,242
up €184,242 (+13.7%), from €1.3m to €1.5m
of which Land and buildings: +€240,145
Equity and liabilities
- Short-term financial debts -€179,833
down €179,833 (-93.1%), from €193,167 to €13,333
- Profit (loss) carried forward +€169,730
up €169,730 (+13.7%), from €1.2m to €1.4m
- Trade debts +€33,447
up €33,447 (+868%), from €3,853 to €37,300
- Other debts -€23,778
down €23,778 (-45.4%), from €52,427 to €28,649
Income statement
- Gross operating margin -€32,316
down €32,316 (-9.3%), from €346,041 to €313,725
- Depreciation -€9,052
down €9,052 (-9.9%), from €91,867 to €82,814
- Taxes -€5,998
down €5,998 (-8.8%), from €68,529 to €62,530
- Financial income -€4,811
down €4,811 (-36.0%), from €13,370 to €8,560
- Financial charges -€3,742
down €3,742 (-51.3%), from €7,297 to €3,555
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€186,904
Gross operating margin
-€32,316
Staff costs
+€2,709
Depreciation
+€9,052
Write-downs
+€362
Other operating charges
-€1,911
Financial income
-€4,811
Financial charges
+€3,742
Taxes
+€5,998
Result 2025
€169,730
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€254,304
Investment
-€274,947
Financing
-€179,833
Cash 2024
€565,693
From operations (derived)
+€254,304
Net result for the year
+€169,730
Depreciation
+€82,814
Receivables within one year
-€5,850
Deferred charges and accrued income
-€1,999
Trade debts
+€33,447
Tax, wage and social debts
-€60
Other debts
-€23,778
Investment (derived)
-€274,947
Investment in fixed assets (net)
-€267,056
Current investments
-€7,891
Financing
-€179,833
Short-term financial debts
-€179,833
Cash 2025
€365,216
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,961,155 | €1,960,661 | -€494 | 0.0% |
| Fixed assets | 21/28 | €1,349,129 | €1,533,371 | +€184,242 | +13.7% |
| Tangible fixed assets | 22/27 | €1,349,079 | €1,533,321 | +€184,242 | +13.7% |
| Land and buildings | 22 | €1,222,463 | €1,462,607 | +€240,145 | +19.6% |
| Plant, machinery and equipment | 23 | €13,973 | €9,872 | -€4,101 | -29.4% |
| Furniture and vehicles | 24 | €77,339 | €32,942 | -€44,397 | -57.4% |
| Other tangible fixed assets | 26 | €35,305 | €27,900 | -€7,405 | -21.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €612,025 | €427,290 | -€184,736 | -30.2% |
| Amounts receivable within one year | 40/41 | €3,249 | €9,099 | +€5,850 | +180% |
| Trade receivables | 40 | €2,590 | €8,916 | +€6,325 | +244% |
| Other amounts receivable | 41 | €658 | €183 | -€476 | -72.3% |
| Current investments | 50/53 | €31,151 | €39,042 | +€7,891 | +25.3% |
| Cash at bank and in hand | 54/58 | €565,693 | €365,216 | -€200,476 | -35.4% |
| Deferred charges and accrued income | 490/1 | €11,933 | €13,933 | +€1,999 | +16.8% |
| Total equity and liabilities | 10/49 | €1,961,155 | €1,960,661 | -€494 | 0.0% |
| Equity | 10/15 | €1,677,752 | €1,847,482 | +€169,730 | +10.1% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €417,355 | €417,355 | = | 0.0% |
| Tax-exempt reserves | 132 | €37,500 | €37,500 | = | 0.0% |
| Distributable reserves | 133 | €379,855 | €379,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,241,847 | €1,411,577 | +€169,730 | +13.7% |
| Amounts payable | 17/49 | €283,403 | €113,179 | -€170,224 | -60.1% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €283,403 | €113,179 | -€170,224 | -60.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €193,167 | €13,333 | -€179,833 | -93.1% |
| Other loans | 439 | €193,167 | €13,333 | -€179,833 | -93.1% |
| Trade debts | 44 | €3,853 | €37,300 | +€33,447 | +868% |
| Suppliers | 440/4 | €3,853 | €37,300 | +€33,447 | +868% |
| Taxes, remuneration and social security | 45 | €33,957 | €33,897 | -€60 | -0.2% |
| Taxes | 450/3 | €30,203 | €33,694 | +€3,491 | +11.6% |
| Remuneration and social security | 454/9 | €3,754 | €203 | -€3,551 | -94.6% |
| Other amounts payable | 47/48 | €52,427 | €28,649 | -€23,778 | -45.4% |
| Non-recurring operating income | 76A | - | €4,860 | +€4,860 | |
| Remuneration, social security and pensions | 62 | €8,120 | €5,411 | -€2,709 | -33.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €91,867 | €82,814 | -€9,052 | -9.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€8,287 | -€8,648 | -€362 | -4.4% |
| Other operating charges | 640/8 | €4,982 | €6,893 | +€1,911 | +38.4% |
| Gross operating margin | 9900 | €346,041 | €313,725 | -€32,316 | -9.3% |
| Operating profit (loss) | 9901 | €249,359 | €227,256 | -€22,104 | -8.9% |
| Financial income | 75/76B | €13,370 | €8,560 | -€4,811 | -36.0% |
| Recurring financial income | 75 | €13,370 | €8,560 | -€4,811 | -36.0% |
| Financial charges | 65/66B | €7,297 | €3,555 | -€3,742 | -51.3% |
| Recurring financial charges | 65 | €7,297 | €3,555 | -€3,742 | -51.3% |
| Profit (loss) for the period before taxes | 9903 | €255,432 | €232,260 | -€23,172 | -9.1% |
| Income taxes | 67/77 | €68,529 | €62,530 | -€5,998 | -8.8% |
| Profit (loss) for the period | 9904 | €186,904 | €169,730 | -€17,174 | -9.2% |
| Profit (loss) for the period to be appropriated | 9905 | €186,904 | €169,730 | -€17,174 | -9.2% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.