FRAUKE: 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.
FRAUKE
Largest movements
- Current investments +€10,209
new in 2025: €10,209
- Receivables within one year +€6,447
up €6,447 (+44.9%), from €14,351 to €20,798
of which Other amounts receivable: +€8,862
- Cash -€4,175
down €4,175 (-8.6%), from €48,794 to €44,619
mainly Current investments (-€10,209) and Receivables within one year (-€6,447)
- Tangible fixed assets -€3,356
down €3,356 (-58.8%), from €5,709 to €2,353
of which Other tangible fixed assets: -€3,795
- Profit (loss) carried forward +€8,856
up €8,856 (+73.3%), from €12,074 to €20,930
- Gross operating margin -€5,355
down €5,355 (-28.8%), from €18,621 to €13,266
- Taxes -€2,047
down €2,047 (-41.8%), from €4,899 to €2,852
- Other operating charges +€378
up €378 (+268%), from €141 to €519
- Depreciation -€260
down €260 (-18.5%), from €1,403 to €1,143
- Financial income +€209
new in 2025: €209
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 | €70,852 | €79,236 | +€8,384 | +11.8% |
| Fixed assets | 21/28 | €5,709 | €2,353 | -€3,356 | -58.8% |
| Tangible fixed assets | 22/27 | €5,709 | €2,353 | -€3,356 | -58.8% |
| Plant, machinery and equipment | 23 | €1,914 | €2,353 | +€439 | +22.9% |
| Other tangible fixed assets | 26 | €3,795 | - | -€3,795 | |
| Current assets | 29/58 | €65,143 | €76,883 | +€11,740 | +18.0% |
| Amounts receivable within one year | 40/41 | €14,351 | €20,798 | +€6,447 | +44.9% |
| Trade receivables | 40 | €8,052 | €5,637 | -€2,415 | -30.0% |
| Other amounts receivable | 41 | €6,299 | €15,161 | +€8,862 | +141% |
| Current investments | 50/53 | - | €10,209 | +€10,209 | |
| Cash at bank and in hand | 54/58 | €48,794 | €44,619 | -€4,175 | -8.6% |
| Deferred charges and accrued income | 490/1 | €1,998 | €1,257 | -€741 | -37.1% |
| Total equity and liabilities | 10/49 | €70,852 | €79,236 | +€8,384 | +11.8% |
| Equity | 10/15 | €65,037 | €73,893 | +€8,856 | +13.6% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €51,463 | €51,463 | = | 0.0% |
| Distributable reserves | 133 | €51,463 | €51,463 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,074 | €20,930 | +€8,856 | +73.3% |
| Amounts payable | 17/49 | €5,815 | €5,343 | -€472 | -8.1% |
| Amounts payable within one year | 42/48 | €5,815 | €5,343 | -€472 | -8.1% |
| Trade debts | 44 | €916 | €444 | -€472 | -51.5% |
| Suppliers | 440/4 | €916 | €444 | -€472 | -51.5% |
| Taxes, remuneration and social security | 45 | €4,899 | €4,899 | = | 0.0% |
| Taxes | 450/3 | €4,899 | €4,899 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,403 | €1,143 | -€260 | -18.5% |
| Other operating charges | 640/8 | €141 | €519 | +€378 | +268% |
| Gross operating margin | 9900 | €18,621 | €13,266 | -€5,355 | -28.8% |
| Operating profit (loss) | 9901 | €17,077 | €11,604 | -€5,473 | -32.0% |
| Financial income | 75/76B | - | €209 | +€209 | |
| Recurring financial income | 75 | - | €209 | +€209 | |
| Financial charges | 65/66B | €104 | €105 | +€1 | +1.0% |
| Recurring financial charges | 65 | €104 | €105 | +€1 | +1.0% |
| Profit (loss) for the period before taxes | 9903 | €16,973 | €11,708 | -€5,265 | -31.0% |
| Income taxes | 67/77 | €4,899 | €2,852 | -€2,047 | -41.8% |
| Profit (loss) for the period | 9904 | €12,074 | €8,856 | -€3,218 | -26.7% |
| Profit (loss) for the period to be appropriated | 9905 | €12,074 | €8,856 | -€3,218 | -26.7% |
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 24 October 2026 via checked.be.