Les 2 Frangines: what changed
Les 2 Frangines
Largest movements
- Tangible fixed assets -€22,068
down €22,068 (-6.9%), from €318,484 to €296,416
of which Other tangible fixed assets: -€12,665
- Receivables within one year -€14,304
down €14,304 (-32.8%), from €43,595 to €29,290
of which Trade receivables: -€20,634
- Intangible fixed assets -€6,842
down €6,842 (-50.0%), from €13,683 to €6,842
- Debts after one year -€31,077
down €31,077 (-20.9%), from €149,005 to €117,927
- Trade debts -€10,850
down €10,850 (-66.5%), from €16,315 to €5,465
- Other debts -€8,173
down €8,173 (-9.8%), from €83,173 to €75,000
- Profit (loss) carried forward +€3,898
up €3,898 (+4.8%), from €81,962 to €85,859
- Gross operating margin -€10,420
down €10,420 (-21.0%), from €49,582 to €39,162
- Taxes -€3,218
down €3,218 (-69.5%), from €4,632 to €1,415
- Depreciation +€1,101
up €1,101 (+4.0%), from €27,809 to €28,909
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 | €381,036 | €334,944 | -€46,092 | -12.1% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €332,167 | €303,257 | -€28,909 | -8.7% |
| Intangible fixed assets | 21 | €13,683 | €6,842 | -€6,842 | -50.0% |
| Tangible fixed assets | 22/27 | €318,484 | €296,416 | -€22,068 | -6.9% |
| Land and buildings | 22 | €272,832 | €265,776 | -€7,056 | -2.6% |
| Plant, machinery and equipment | 23 | €9,884 | €7,536 | -€2,347 | -23.7% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €35,768 | €23,104 | -€12,665 | -35.4% |
| Current assets | 29/58 | €48,869 | €31,687 | -€17,182 | -35.2% |
| Amounts receivable within one year | 40/41 | €43,595 | €29,290 | -€14,304 | -32.8% |
| Trade receivables | 40 | €34,604 | €13,970 | -€20,634 | -59.6% |
| Other amounts receivable | 41 | €8,990 | €15,320 | +€6,330 | +70.4% |
| Cash at bank and in hand | 54/58 | €4,270 | €2,396 | -€1,873 | -43.9% |
| Deferred charges and accrued income | 490/1 | €1,004 | - | -€1,004 | |
| Total equity and liabilities | 10/49 | €381,036 | €334,944 | -€46,092 | -12.1% |
| Equity | 10/15 | €88,162 | €92,059 | +€3,898 | +4.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €81,962 | €85,859 | +€3,898 | +4.8% |
| Amounts payable | 17/49 | €292,874 | €242,885 | -€49,989 | -17.1% |
| Amounts payable after more than one year | 17 | €149,005 | €117,927 | -€31,077 | -20.9% |
| Financial debts | 170/4 | €149,005 | €117,927 | -€31,077 | -20.9% |
| Amounts payable within one year | 42/48 | €143,870 | €124,958 | -€18,912 | -13.1% |
| Current portion of amounts payable after more than one year | 42 | €39,749 | €43,077 | +€3,328 | +8.4% |
| Trade debts | 44 | €16,315 | €5,465 | -€10,850 | -66.5% |
| Suppliers | 440/4 | €16,315 | €5,465 | -€10,850 | -66.5% |
| Taxes, remuneration and social security | 45 | €4,632 | €1,415 | -€3,218 | -69.5% |
| Taxes | 450/3 | €4,632 | €1,415 | -€3,218 | -69.5% |
| Other amounts payable | 47/48 | €83,173 | €75,000 | -€8,173 | -9.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,809 | €28,909 | +€1,101 | +4.0% |
| Other operating charges | 640/8 | €1,850 | €2,271 | +€422 | +22.8% |
| Gross operating margin | 9900 | €49,582 | €39,162 | -€10,420 | -21.0% |
| Operating profit (loss) | 9901 | €19,923 | €7,981 | -€11,943 | -59.9% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €3,061 | €2,668 | -€393 | -12.8% |
| Recurring financial charges | 65 | €3,061 | €2,668 | -€393 | -12.8% |
| Profit (loss) for the period before taxes | 9903 | €16,862 | €5,313 | -€11,550 | -68.5% |
| Income taxes | 67/77 | €4,632 | €1,415 | -€3,218 | -69.5% |
| Profit (loss) for the period | 9904 | €12,230 | €3,898 | -€8,332 | -68.1% |
| Profit (loss) for the period to be appropriated | 9905 | €12,230 | €3,898 | -€8,332 | -68.1% |
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 4 November 2026 via checked.be.