La Fraternelle: what changed
La Fraternelle
Largest movements
- Cash -€12,356
down €12,356 (-5.3%), from €234,344 to €221,988
mainly Net result for the year (-€26,866) and Investment in fixed assets (net) (-€18,075)
- Tangible fixed assets -€12,212
down €12,212 (-5.7%), from €215,104 to €202,893
of which Land and buildings: -€11,173
- Profit (loss) carried forward -€26,866
down €26,866 (-38.2%), from -€70,369 to -€97,235
- Gross operating margin +€2,452
up €2,452 (+75.6%), from €3,243 to €5,695
- Depreciation -€1,814
down €1,814 (-5.1%), from €35,704 to €33,891
- Financial income +€1,299
up €1,299 (+42.6%), from €3,050 to €4,350
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 | €468,325 | €441,459 | -€26,866 | -5.7% |
| Fixed assets | 21/28 | €233,067 | €217,251 | -€15,816 | -6.8% |
| Intangible fixed assets | 21 | €6,507 | €2,903 | -€3,604 | -55.4% |
| Tangible fixed assets | 22/27 | €215,104 | €202,893 | -€12,212 | -5.7% |
| Land and buildings | 22 | €68,097 | €56,925 | -€11,173 | -16.4% |
| Other tangible fixed assets | 26 | €147,007 | €145,968 | -€1,039 | -0.7% |
| Financial fixed assets | 28 | €11,455 | €11,455 | = | 0.0% |
| Current assets | 29/58 | €235,259 | €224,208 | -€11,051 | -4.7% |
| Amounts receivable within one year | 40/41 | €915 | €2,220 | +€1,305 | +143% |
| Other amounts receivable | 41 | €915 | €2,220 | +€1,305 | +143% |
| Cash at bank and in hand | 54/58 | €234,344 | €221,988 | -€12,356 | -5.3% |
| Total equity and liabilities | 10/49 | €468,325 | €441,459 | -€26,866 | -5.7% |
| Equity | 10/15 | €467,325 | €440,459 | -€26,866 | -5.7% |
| Contributions | 10/11 | €30,851 | €30,851 | = | 0.0% |
| Reserves | 13 | €506,843 | €506,843 | = | 0.0% |
| Non-distributable reserves | 130/1 | €70,038 | €70,038 | = | 0.0% |
| Reserves not available under the articles | 1311 | €70,038 | €70,038 | = | 0.0% |
| Tax-exempt reserves | 132 | €436,805 | €436,805 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€70,369 | -€97,235 | -€26,866 | -38.2% |
| Amounts payable | 17/49 | €1,000 | €1,000 | = | 0.0% |
| 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 | €35,704 | €33,891 | -€1,814 | -5.1% |
| Other operating charges | 640/8 | €3,006 | €2,997 | -€9 | -0.3% |
| Gross operating margin | 9900 | €3,243 | €5,695 | +€2,452 | +75.6% |
| Operating profit (loss) | 9901 | -€35,467 | -€31,192 | +€4,275 | +12.1% |
| Financial income | 75/76B | €3,050 | €4,350 | +€1,299 | +42.6% |
| Recurring financial income | 75 | €3,050 | €4,350 | +€1,299 | +42.6% |
| Financial charges | 65/66B | €24 | €24 | = | 0.0% |
| Recurring financial charges | 65 | €24 | €24 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€32,440 | -€26,866 | +€5,574 | +17.2% |
| Profit (loss) for the period | 9904 | -€32,440 | -€26,866 | +€5,574 | +17.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€32,440 | -€26,866 | +€5,574 | +17.2% |
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 2 November 2026 via checked.be.