V&FranCris Construct: what changed
Two fiscal 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.
V&FranCris Construct
Largest movements
- Receivables within one year +€57,799
up €57,799 (+178.8%), from €32,335 to €90,134
of which Trade receivables: +€30,227
- Cash -€8,555
down €8,555 (-56.8%), from €15,051 to €6,496
mainly Receivables within one year (-€57,799) and Investment in fixed assets (net) (-€608)
- Profit (loss) carried forward +€26,322
up €26,322 (+143.4%), from €18,353 to €44,675
- Trade debts +€18,762
up €18,762 (+103.1%), from €18,200 to €36,962
- Tax, wage and social debts +€4,249
up €4,249 (+37.5%), from €11,329 to €15,578
of which Taxes: +€9,945
- Gross operating margin +€6,597
up €6,597 (+20.9%), from €31,597 to €38,193
- Taxes +€2,811
up €2,811 (+49.9%), from €5,633 to €8,445
- Depreciation -€2,178
down €2,178 (-80.8%), from €2,696 to €519
- Financial income +€1,357
up €1,357 (+363.5%), from €373 to €1,731
- Other operating charges -€1,208
down €1,208 (-62.0%), from €1,948 to €740
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.
Cash bridge derived
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 | €48,382 | €97,715 | +€49,333 | +102.0% |
| Fixed assets | 21/28 | €997 | €1,086 | +€89 | +9.0% |
| Tangible fixed assets | 22/27 | €997 | €1,086 | +€89 | +9.0% |
| Furniture and vehicles | 24 | €997 | €1,086 | +€89 | +9.0% |
| Current assets | 29/58 | €47,386 | €96,629 | +€49,244 | +103.9% |
| Amounts receivable within one year | 40/41 | €32,335 | €90,134 | +€57,799 | +178.8% |
| Trade receivables | 40 | €17,611 | €47,838 | +€30,227 | +171.6% |
| Other amounts receivable | 41 | €14,723 | €42,296 | +€27,572 | +187.3% |
| Cash at bank and in hand | 54/58 | €15,051 | €6,496 | -€8,555 | -56.8% |
| Total equity and liabilities | 10/49 | €48,382 | €97,715 | +€49,333 | +102.0% |
| Equity | 10/15 | €18,853 | €45,175 | +€26,322 | +139.6% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,353 | €44,675 | +€26,322 | +143.4% |
| Amounts payable | 17/49 | €29,529 | €52,540 | +€23,011 | +77.9% |
| Amounts payable within one year | 42/48 | €29,529 | €52,540 | +€23,011 | +77.9% |
| Trade debts | 44 | €18,200 | €36,962 | +€18,762 | +103.1% |
| Suppliers | 440/4 | €18,200 | €36,962 | +€18,762 | +103.1% |
| Taxes, remuneration and social security | 45 | €11,329 | €15,578 | +€4,249 | +37.5% |
| Taxes | 450/3 | €5,633 | €15,578 | +€9,945 | +176.5% |
| Remuneration and social security | 454/9 | €5,696 | - | -€5,696 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,696 | €519 | -€2,178 | -80.8% |
| Other operating charges | 640/8 | €1,948 | €740 | -€1,208 | -62.0% |
| Gross operating margin | 9900 | €31,597 | €38,193 | +€6,597 | +20.9% |
| Operating profit (loss) | 9901 | €26,952 | €36,934 | +€9,982 | +37.0% |
| Financial income | 75/76B | €373 | €1,731 | +€1,357 | +363.5% |
| Recurring financial income | 75 | €373 | €1,731 | +€1,357 | +363.5% |
| Financial charges | 65/66B | €3,339 | €3,898 | +€559 | +16.7% |
| Recurring financial charges | 65 | €3,339 | €3,898 | +€559 | +16.7% |
| Profit (loss) for the period before taxes | 9903 | €23,986 | €34,767 | +€10,780 | +44.9% |
| Income taxes | 67/77 | €5,633 | €8,445 | +€2,811 | +49.9% |
| Profit (loss) for the period | 9904 | €18,353 | €26,322 | +€7,969 | +43.4% |
| Profit (loss) for the period to be appropriated | 9905 | €18,353 | €26,322 | +€7,969 | +43.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.