J & J FRANCQUE: 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.
J & J FRANCQUE
Largest movements
- Receivables within one year -€23,748
down €23,748 (-86.0%), from €27,622 to €3,874
of which Trade receivables: -€16,128
- Tangible fixed assets -€16,335
down €16,335 (-3.3%), from €493,643 to €477,308
of which Land and buildings: -€15,870
- Debts after one year -€29,193
down €29,193 (-10.3%), from €284,169 to €254,976
- Profit (loss) carried forward -€23,346
down €23,346 (-65.2%), from €35,783 to €12,436
- Short-term financial debts +€20,018
up €20,018 (+1,132%), from €1,768 to €21,786
- Other debts -€6,645
down €6,645 (-5.4%), from €122,668 to €116,023
- Depreciation +€4,388
up €4,388 (+33.5%), from €13,102 to €17,490
- Gross operating margin -€3,617
down €3,617 (-28.6%), from €12,661 to €9,045
- Financial charges +€1,023
up €1,023 (+9.9%), from €10,294 to €11,317
- Financial income +€228
up €228 (+550%), from €41 to €269
- Taxes +€183
up €183, from -€33 to €151
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 | €534,123 | €494,057 | -€40,066 | -7.5% |
| Fixed assets | 21/28 | €493,643 | €477,308 | -€16,335 | -3.3% |
| Tangible fixed assets | 22/27 | €493,643 | €477,308 | -€16,335 | -3.3% |
| Land and buildings | 22 | €491,632 | €475,762 | -€15,870 | -3.2% |
| Furniture and vehicles | 24 | €2,011 | €1,545 | -€466 | -23.2% |
| Current assets | 29/58 | €40,480 | €16,749 | -€23,731 | -58.6% |
| Amounts receivable within one year | 40/41 | €27,622 | €3,874 | -€23,748 | -86.0% |
| Trade receivables | 40 | €17,409 | €1,281 | -€16,128 | -92.6% |
| Other amounts receivable | 41 | €10,214 | €2,593 | -€7,621 | -74.6% |
| Current investments | 50/53 | €11,500 | €11,500 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,116 | €1,122 | +€7 | +0.6% |
| Deferred charges and accrued income | 490/1 | €242 | €253 | +€10 | +4.3% |
| Total equity and liabilities | 10/49 | €534,123 | €494,057 | -€40,066 | -7.5% |
| Equity | 10/15 | €91,095 | €67,748 | -€23,346 | -25.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €36,712 | €36,712 | = | 0.0% |
| Distributable reserves | 133 | €36,712 | €36,712 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,783 | €12,436 | -€23,346 | -65.2% |
| Amounts payable | 17/49 | €443,029 | €426,309 | -€16,720 | -3.8% |
| Amounts payable after more than one year | 17 | €284,169 | €254,976 | -€29,193 | -10.3% |
| Financial debts | 170/4 | €284,169 | €254,976 | -€29,193 | -10.3% |
| Amounts payable within one year | 42/48 | €157,860 | €170,332 | +€12,473 | +7.9% |
| Current portion of amounts payable after more than one year | 42 | €29,554 | €29,193 | -€361 | -1.2% |
| Financial debts | 43 | €1,768 | €21,786 | +€20,018 | +1,132% |
| Credit institutions | 430/8 | €1,768 | €21,786 | +€20,018 | +1,132% |
| Trade debts | 44 | €2,312 | €1,430 | -€882 | -38.2% |
| Suppliers | 440/4 | €2,312 | €1,430 | -€882 | -38.2% |
| Taxes, remuneration and social security | 45 | €1,558 | €1,900 | +€343 | +22.0% |
| Taxes | 450/3 | €1,558 | €980 | -€578 | -37.1% |
| Remuneration and social security | 454/9 | €0 | €920 | +€920 | |
| Other amounts payable | 47/48 | €122,668 | €116,023 | -€6,645 | -5.4% |
| Accrued charges and deferred income | 492/3 | €1,000 | €1,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,102 | €17,490 | +€4,388 | +33.5% |
| Other operating charges | 640/8 | €3,841 | €3,703 | -€138 | -3.6% |
| Gross operating margin | 9900 | €12,661 | €9,045 | -€3,617 | -28.6% |
| Operating profit (loss) | 9901 | -€4,281 | -€12,148 | -€7,866 | -184% |
| Financial income | 75/76B | €41 | €269 | +€228 | +550% |
| Recurring financial income | 75 | €41 | €269 | +€228 | +550% |
| Financial charges | 65/66B | €10,294 | €11,317 | +€1,023 | +9.9% |
| Recurring financial charges | 65 | €10,294 | €11,317 | +€1,023 | +9.9% |
| Profit (loss) for the period before taxes | 9903 | -€14,534 | -€23,196 | -€8,661 | -59.6% |
| Income taxes | 67/77 | -€33 | €151 | +€183 | |
| Profit (loss) for the period | 9904 | -€14,502 | -€23,346 | -€8,845 | -61.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,502 | -€23,346 | -€8,845 | -61.0% |
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 29 October 2026 via checked.be.