Pierre Franchimont Engineering: what changed
What changed
Pierre Franchimont Engineering
NACE 71.121, Engineering and related technical consultancy, excluding land surveyors
filed annual accounts (NBB)
Net result for the year
€121,042
2024 · €93,585+€27,458
Equity
€697,590
2024 · €591,869+€105,721
Cash
€119,694
2024 · €192,259-€72,564
Balance sheet total
€960,823
2024 · €873,364+€87,459
Largest movements
Assets
- Current investments +€211,388
up €211,388 (+188%), from €112,196 to €323,584
- Cash -€72,564
down €72,564 (-37.7%), from €192,259 to €119,694
mainly Current investments (-€211,388) and Contributions, distributions and other (-€15,321)
- Tangible fixed assets -€32,021
down €32,021 (-11.0%), from €291,404 to €259,383
of which Land and buildings: -€17,488
- Intangible fixed assets -€11,162
down €11,162 (-25.0%), from €44,649 to €33,487
Equity and liabilities
- Reserves +€105,721
up €105,721 (+18.1%), from €583,894 to €689,615
of which Distributable reserves: +€105,721
- Debts after one year -€13,722
down €13,722 (-6.9%), from €199,567 to €185,845
Income statement
- Financial income +€30,529
up €30,529 (+2,955%), from €1,033 to €31,562
- Gross operating margin -€26,234
down €26,234 (-11.1%), from €235,773 to €209,538
- Financial charges -€19,120
down €19,120 (-49.4%), from €38,713 to €19,593
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.
Result 2024
€93,585
Gross operating margin
-€26,234
Depreciation
+€1,742
Other operating charges
-€56
Financial income
+€30,529
Financial charges
+€19,120
Taxes
+€2,357
Result 2025
€121,042
raises the resultlowers the result
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.
From operations
+€167,707
Investment
-€211,388
Financing
-€28,883
Cash 2024
€192,259
From operations (derived)
+€167,707
Net result for the year
+€121,042
Depreciation
+€43,183
Receivables within one year
+€8,446
Deferred charges and accrued income
-€265
Trade debts
+€7,579
Tax, wage and social debts
-€3,327
Other debts
-€8,952
Investment (derived)
-€211,388
Current investments
-€211,388
Financing
-€28,883
Debts after one year
-€13,722
Current portion of long-term debt
+€160
Contributions, distributions and other
-€15,321
Cash 2025
€119,694
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €873,364 | €960,823 | +€87,459 | +10.0% |
| Fixed assets | 21/28 | €341,188 | €298,005 | -€43,183 | -12.7% |
| Intangible fixed assets | 21 | €44,649 | €33,487 | -€11,162 | -25.0% |
| Tangible fixed assets | 22/27 | €291,404 | €259,383 | -€32,021 | -11.0% |
| Land and buildings | 22 | €249,811 | €232,322 | -€17,488 | -7.0% |
| Plant, machinery and equipment | 23 | €12,608 | €9,721 | -€2,886 | -22.9% |
| Furniture and vehicles | 24 | €28,986 | €17,339 | -€11,646 | -40.2% |
| Financial fixed assets | 28 | €5,135 | €5,135 | = | 0.0% |
| Current assets | 29/58 | €532,175 | €662,818 | +€130,642 | +24.5% |
| Amounts receivable within one year | 40/41 | €222,992 | €214,545 | -€8,446 | -3.8% |
| Trade receivables | 40 | €133,492 | €94,045 | -€39,446 | -29.5% |
| Other amounts receivable | 41 | €89,500 | €120,500 | +€31,000 | +34.6% |
| Current investments | 50/53 | €112,196 | €323,584 | +€211,388 | +188% |
| Cash at bank and in hand | 54/58 | €192,259 | €119,694 | -€72,564 | -37.7% |
| Deferred charges and accrued income | 490/1 | €4,729 | €4,994 | +€265 | +5.6% |
| Total equity and liabilities | 10/49 | €873,364 | €960,823 | +€87,459 | +10.0% |
| Equity | 10/15 | €591,869 | €697,590 | +€105,721 | +17.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €583,894 | €689,615 | +€105,721 | +18.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €583,894 | €689,615 | +€105,721 | +18.1% |
| Profit (loss) carried forward | 14 | €1,776 | €1,776 | = | 0.0% |
| Amounts payable | 17/49 | €281,495 | €263,233 | -€18,262 | -6.5% |
| Amounts payable after more than one year | 17 | €199,567 | €185,845 | -€13,722 | -6.9% |
| Financial debts | 170/4 | €199,567 | €185,845 | -€13,722 | -6.9% |
| Amounts payable within one year | 42/48 | €81,927 | €77,388 | -€4,540 | -5.5% |
| Current portion of amounts payable after more than one year | 42 | €13,562 | €13,722 | +€160 | +1.2% |
| Trade debts | 44 | €15,620 | €23,200 | +€7,579 | +48.5% |
| Suppliers | 440/4 | €15,620 | €23,200 | +€7,579 | +48.5% |
| Taxes, remuneration and social security | 45 | €28,091 | €24,764 | -€3,327 | -11.8% |
| Taxes | 450/3 | €28,091 | €24,764 | -€3,327 | -11.8% |
| Other amounts payable | 47/48 | €24,654 | €15,702 | -€8,952 | -36.3% |
| Non-recurring operating income | 76A | €10,000 | €7,979 | -€2,021 | -20.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,925 | €43,183 | -€1,742 | -3.9% |
| Other operating charges | 640/8 | €2,980 | €3,036 | +€56 | +1.9% |
| Gross operating margin | 9900 | €235,773 | €209,538 | -€26,234 | -11.1% |
| Operating profit (loss) | 9901 | €187,868 | €163,319 | -€24,548 | -13.1% |
| Financial income | 75/76B | €1,033 | €31,562 | +€30,529 | +2,955% |
| Recurring financial income | 75 | €1,033 | €31,562 | +€30,529 | +2,955% |
| Financial charges | 65/66B | €38,713 | €19,593 | -€19,120 | -49.4% |
| Recurring financial charges | 65 | €38,713 | €19,593 | -€19,120 | -49.4% |
| Profit (loss) for the period before taxes | 9903 | €150,188 | €175,288 | +€25,100 | +16.7% |
| Income taxes | 67/77 | €56,603 | €54,246 | -€2,357 | -4.2% |
| Profit (loss) for the period | 9904 | €93,585 | €121,042 | +€27,458 | +29.3% |
| Profit (loss) for the period to be appropriated | 9905 | €93,585 | €121,042 | +€27,458 | +29.3% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.