IMMO FRANJORD: what changed
IMMO FRANJORD
Largest movements
- Tangible fixed assets -€14,122
down €14,122 (-4.1%), from €341,450 to €327,328
of which Land and buildings: -€13,802
- Cash -€9,499
down €9,499 (-31.6%), from €30,067 to €20,568
mainly Net result for the year (-€15,119) and Debts after one year (-€6,831)
- Profit (loss) carried forward -€7,619
down €7,619 (-16.3%), from -€46,602 to -€54,221
- Reserves -€7,500
down €7,500 (-5.5%), from €135,354 to €127,854
- Debts after one year -€6,831
down €6,831 (-14.4%), from €47,539 to €40,708
- Other operating charges -€2,741
down €2,741 (-54.4%), from €5,034 to €2,293
- Gross operating margin +€1,737
up €1,737 (+73.5%), from €2,363 to €4,100
- Financial charges +€1,261
up €1,261 (+33.2%), from €3,797 to €5,058
- Depreciation -€203
down €203 (-1.4%), from €14,325 to €14,122
- Financial income -€100
down €100 (-88.7%), from €113 to €13
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 | €374,861 | €351,095 | -€23,766 | -6.3% |
| Fixed assets | 21/28 | €341,450 | €327,328 | -€14,122 | -4.1% |
| Tangible fixed assets | 22/27 | €341,450 | €327,328 | -€14,122 | -4.1% |
| Land and buildings | 22 | €341,130 | €327,328 | -€13,802 | -4.0% |
| Furniture and vehicles | 24 | €319 | - | -€319 | |
| Current assets | 29/58 | €33,411 | €23,767 | -€9,644 | -28.9% |
| Amounts receivable within one year | 40/41 | €2,539 | €2,590 | +€51 | +2.0% |
| Other amounts receivable | 41 | €2,539 | €2,590 | +€51 | +2.0% |
| Cash at bank and in hand | 54/58 | €30,067 | €20,568 | -€9,499 | -31.6% |
| Deferred charges and accrued income | 490/1 | €804 | €609 | -€196 | -24.3% |
| Total equity and liabilities | 10/49 | €374,861 | €351,095 | -€23,766 | -6.3% |
| Equity | 10/15 | €258,952 | €243,833 | -€15,119 | -5.8% |
| Contributions | 10/11 | €170,200 | €170,200 | = | 0.0% |
| Reserves | 13 | €135,354 | €127,854 | -€7,500 | -5.5% |
| Tax-exempt reserves | 132 | €135,354 | €127,854 | -€7,500 | -5.5% |
| Profit (loss) carried forward | 14 | -€46,602 | -€54,221 | -€7,619 | -16.3% |
| Provisions and deferred taxes | 16 | €60,758 | €58,258 | -€2,500 | -4.1% |
| Deferred taxes | 168 | €60,758 | €58,258 | -€2,500 | -4.1% |
| Amounts payable | 17/49 | €55,151 | €49,004 | -€6,147 | -11.1% |
| Amounts payable after more than one year | 17 | €47,539 | €40,708 | -€6,831 | -14.4% |
| Financial debts | 170/4 | €47,539 | €40,708 | -€6,831 | -14.4% |
| Amounts payable within one year | 42/48 | €7,612 | €8,296 | +€684 | +9.0% |
| Current portion of amounts payable after more than one year | 42 | €6,698 | €6,831 | +€133 | +2.0% |
| Trade debts | 44 | €497 | €957 | +€460 | +92.6% |
| Suppliers | 440/4 | €497 | €957 | +€460 | +92.6% |
| Taxes, remuneration and social security | 45 | €417 | €509 | +€91 | +21.9% |
| Taxes | 450/3 | €417 | €509 | +€91 | +21.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,325 | €14,122 | -€203 | -1.4% |
| Other operating charges | 640/8 | €5,034 | €2,293 | -€2,741 | -54.4% |
| Gross operating margin | 9900 | €2,363 | €4,100 | +€1,737 | +73.5% |
| Operating profit (loss) | 9901 | -€16,996 | -€12,315 | +€4,681 | +27.5% |
| Financial income | 75/76B | €113 | €13 | -€100 | -88.7% |
| Recurring financial income | 75 | €113 | €13 | -€100 | -88.7% |
| Financial charges | 65/66B | €3,797 | €5,058 | +€1,261 | +33.2% |
| Recurring financial charges | 65 | €3,797 | €5,058 | +€1,261 | +33.2% |
| Profit (loss) for the period before taxes | 9903 | -€20,680 | -€17,360 | +€3,320 | +16.1% |
| Transfer from deferred taxes | 780 | €2,500 | €2,500 | = | 0.0% |
| Income taxes | 67/77 | €293 | €259 | -€34 | -11.7% |
| Profit (loss) for the period | 9904 | -€18,473 | -€15,119 | +€3,354 | +18.2% |
| Transfer from tax-exempt reserves | 789 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,973 | -€7,619 | +€3,354 | +30.6% |
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 5 November 2026 via checked.be.