FRENCON: what changed
FRENCON
Largest movements
- Cash -€15,606
down €15,606 (-48.7%), from €32,016 to €16,411
mainly Other debts (-€11,555) and Receivables within one year (-€5,149)
- Receivables within one year +€5,149
up €5,149 (+23.1%), from €22,296 to €27,446
of which Trade receivables: +€4,853
- Tangible fixed assets -€4,389
down €4,389 (-75.6%), from €5,807 to €1,418
of which Furniture and vehicles: -€4,105
- Other debts -€11,555
down €11,555 (-72.2%), from €16,000 to €4,445
- Trade debts -€3,195
down €3,195 (-58.4%), from €5,474 to €2,279
- Tax, wage and social debts -€3,036
down €3,036 (-77.1%), from €3,936 to €900
- Reserves +€2,315
up €2,315 (+8.0%), from €28,783 to €31,098
- Gross operating margin -€11,204
down €11,204 (-48.8%), from €22,953 to €11,749
- Taxes -€2,307
down €2,307 (-48.1%), from €4,800 to €2,493
- Financial charges -€1,323
down €1,323 (-79.7%), from €1,661 to €338
- Other operating charges -€370
down €370 (-30.5%), from €1,211 to €841
- Depreciation +€312
up €312 (+6.2%), from €5,019 to €5,331
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €61,204 | €45,985 | -€15,219 | -24.9% |
| Fixed assets | 21/28 | €5,807 | €1,418 | -€4,389 | -75.6% |
| Tangible fixed assets | 22/27 | €5,807 | €1,418 | -€4,389 | -75.6% |
| Plant, machinery and equipment | 23 | €284 | - | -€284 | |
| Furniture and vehicles | 24 | €5,524 | €1,418 | -€4,105 | -74.3% |
| Current assets | 29/58 | €55,397 | €44,566 | -€10,830 | -19.6% |
| Amounts receivable within one year | 40/41 | €22,296 | €27,446 | +€5,149 | +23.1% |
| Trade receivables | 40 | €11,247 | €16,100 | +€4,853 | +43.1% |
| Other amounts receivable | 41 | €11,049 | €11,346 | +€297 | +2.7% |
| Cash at bank and in hand | 54/58 | €32,016 | €16,411 | -€15,606 | -48.7% |
| Deferred charges and accrued income | 490/1 | €1,084 | €710 | -€374 | -34.5% |
| Total equity and liabilities | 10/49 | €61,204 | €45,985 | -€15,219 | -24.9% |
| Equity | 10/15 | €30,783 | €33,098 | +€2,315 | +7.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €28,783 | €31,098 | +€2,315 | +8.0% |
| Distributable reserves | 133 | €28,783 | €31,098 | +€2,315 | +8.0% |
| Amounts payable | 17/49 | €30,421 | €12,887 | -€17,534 | -57.6% |
| Amounts payable within one year | 42/48 | €30,369 | €12,874 | -€17,495 | -57.6% |
| Current portion of amounts payable after more than one year | 42 | €4,958 | €5,250 | +€292 | +5.9% |
| Trade debts | 44 | €5,474 | €2,279 | -€3,195 | -58.4% |
| Suppliers | 440/4 | €5,474 | €2,279 | -€3,195 | -58.4% |
| Taxes, remuneration and social security | 45 | €3,936 | €900 | -€3,036 | -77.1% |
| Taxes | 450/3 | €3,936 | €900 | -€3,036 | -77.1% |
| Other amounts payable | 47/48 | €16,000 | €4,445 | -€11,555 | -72.2% |
| Accrued charges and deferred income | 492/3 | €52 | €13 | -€39 | -75.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,019 | €5,331 | +€312 | +6.2% |
| Other operating charges | 640/8 | €1,211 | €841 | -€370 | -30.5% |
| Non-recurring operating charges | 66A | €431 | €431 | +€0 | 0.0% |
| Gross operating margin | 9900 | €22,953 | €11,749 | -€11,204 | -48.8% |
| Operating profit (loss) | 9901 | €16,292 | €5,146 | -€11,146 | -68.4% |
| Financial income | 75/76B | €149 | - | -€149 | |
| Recurring financial income | 75 | €149 | - | -€149 | |
| Financial charges | 65/66B | €1,661 | €338 | -€1,323 | -79.7% |
| Recurring financial charges | 65 | €1,661 | €338 | -€1,323 | -79.7% |
| Profit (loss) for the period before taxes | 9903 | €14,780 | €4,808 | -€9,972 | -67.5% |
| Income taxes | 67/77 | €4,800 | €2,493 | -€2,307 | -48.1% |
| Profit (loss) for the period | 9904 | €9,980 | €2,315 | -€7,665 | -76.8% |
| Profit (loss) for the period to be appropriated | 9905 | €9,980 | €2,315 | -€7,665 | -76.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.