FRENCO: what changed
What changed
FRENCO
filed annual accounts (NBB)
Net result for the year
-€1,631
2012 · -€2,608+€977
Equity
€5,100
2012 · €6,731-€1,631
Cash
€1,230
2012 · €2,577-€1,346
Balance sheet total
€72,206
2012 · €72,116+€90
Largest movements
Assets
- Current assets +€3,030
up €3,030 (+4.7%), from €64,750 to €67,780
- Tangible fixed assets -€2,939
down €2,939 (-39.9%), from €7,366 to €4,427
Equity and liabilities
- Debts within one year +€1,721
up €1,721 (+2.6%), from €65,385 to €67,106
- Profit (loss) carried forward -€1,631
down €1,631 (-62.5%), from -€2,608 to -€4,238
Income statement
- Gross operating margin -€10,346
down €10,346 (-74.4%), from €13,910 to €3,564
- Depreciation -€1,135
down €1,135 (-26.0%), from €4,372 to €3,237
Change in the result, 2012 to 2013
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 2012
-€2,608
Gross operating margin
-€10,346
Depreciation
+€1,135
Other operating items
+€10,106
Financial charges
+€82
Result 2013
-€1,631
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2012 | 2013 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €72,116 | €72,206 | +€90 | +0.1% |
| Fixed assets | 21/28 | €7,366 | €4,427 | -€2,939 | -39.9% |
| Tangible fixed assets | 22/27 | €7,366 | €4,427 | -€2,939 | -39.9% |
| Current assets | 29/58 | €64,750 | €67,780 | +€3,030 | +4.7% |
| Stocks and contracts in progress | 3 | €7,854 | €7,990 | +€136 | +1.7% |
| Amounts receivable within one year | 40/41 | €12,319 | €8,560 | -€3,760 | -30.5% |
| Cash at bank and in hand | 54/58 | €2,577 | €1,230 | -€1,346 | -52.3% |
| Total equity and liabilities | 10/49 | €72,116 | €72,206 | +€90 | +0.1% |
| Equity | 10/15 | €6,731 | €5,100 | -€1,631 | -24.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €3,138 | €3,138 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,608 | -€4,238 | -€1,631 | -62.5% |
| Amounts payable | 17/49 | €65,385 | €67,106 | +€1,721 | +2.6% |
| Amounts payable within one year | 42/48 | €65,385 | €67,106 | +€1,721 | +2.6% |
| Trade debts | 44 | €1,525 | €3,550 | +€2,025 | +133% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,372 | €3,237 | -€1,135 | -26.0% |
| Gross operating margin | 9900 | €13,910 | €3,564 | -€10,346 | -74.4% |
| Operating profit (loss) | 9901 | -€2,435 | -€1,540 | +€895 | +36.8% |
| Recurring financial charges | 65 | €173 | €91 | -€82 | -47.3% |
| Profit (loss) for the period before taxes | 9903 | -€2,608 | -€1,631 | +€977 | +37.5% |
| Profit (loss) for the period | 9904 | -€2,608 | -€1,631 | +€977 | +37.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,608 | -€1,631 | +€977 | +37.5% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2012 and 31 December 2013. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.