AFLUX: 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.
AFLUX
Largest movements
- Tangible fixed assets +€17,522
up €17,522 (+89.8%), from €19,510 to €37,032
of which Furniture and vehicles: +€10,063
- Cash -€11,632
down €11,632 (-16.8%), from €69,243 to €57,611
mainly Investment in fixed assets (net) (-€28,464) and Other debts (-€8,099)
- Stocks and contracts -€8,317
down €8,317 (-20.6%), from €40,359 to €32,043
- Receivables within one year -€7,464
down €7,464 (-18.7%), from €39,835 to €32,370
of which Trade receivables: -€16,013
- Other debts -€8,099
no longer reported in 2025 (was €8,099)
- Reserves +€6,300
up €6,300 (+5.0%), from €126,350 to €132,650
- Tax, wage and social debts -€6,147
down €6,147 (-90.7%), from €6,777 to €630
of which Remuneration and social security: -€3,122
- Trade debts -€3,119
down €3,119 (-20.7%), from €15,040 to €11,922
- Gross operating margin -€40,714
down €40,714 (-64.5%), from €63,142 to €22,428
- Taxes -€15,437
down €15,437 (-84.8%), from €18,212 to €2,775
- Depreciation +€3,939
up €3,939 (+56.2%), from €7,003 to €10,942
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 | €170,378 | €160,744 | -€9,633 | -5.7% |
| Fixed assets | 21/28 | €19,510 | €37,032 | +€17,522 | +89.8% |
| Tangible fixed assets | 22/27 | €19,510 | €37,032 | +€17,522 | +89.8% |
| Land and buildings | 22 | €13,149 | €20,994 | +€7,845 | +59.7% |
| Plant, machinery and equipment | 23 | €2,088 | €1,702 | -€386 | -18.5% |
| Furniture and vehicles | 24 | €4,273 | €14,336 | +€10,063 | +235.5% |
| Current assets | 29/58 | €150,868 | €123,712 | -€27,155 | -18.0% |
| Stocks and contracts in progress | 3 | €40,359 | €32,043 | -€8,317 | -20.6% |
| Stocks | 30/36 | €40,359 | €32,043 | -€8,317 | -20.6% |
| Amounts receivable within one year | 40/41 | €39,835 | €32,370 | -€7,464 | -18.7% |
| Trade receivables | 40 | €38,510 | €22,497 | -€16,013 | -41.6% |
| Other amounts receivable | 41 | €1,325 | €9,873 | +€8,548 | +645.2% |
| Cash at bank and in hand | 54/58 | €69,243 | €57,611 | -€11,632 | -16.8% |
| Deferred charges and accrued income | 490/1 | €1,431 | €1,688 | +€257 | +18.0% |
| Total equity and liabilities | 10/49 | €170,378 | €160,744 | -€9,633 | -5.7% |
| Equity | 10/15 | €123,529 | €129,922 | +€6,393 | +5.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €126,350 | €132,650 | +€6,300 | +5.0% |
| Distributable reserves | 133 | €126,350 | €132,650 | +€6,300 | +5.0% |
| Profit (loss) carried forward | 14 | -€9,022 | -€8,929 | +€93 | +1.0% |
| Amounts payable | 17/49 | €46,849 | €30,823 | -€16,026 | -34.2% |
| Amounts payable after more than one year | 17 | €16,157 | €17,671 | +€1,514 | +9.4% |
| Other amounts payable | 178/9 | €16,157 | €17,671 | +€1,514 | +9.4% |
| Amounts payable within one year | 42/48 | €29,916 | €12,552 | -€17,365 | -58.0% |
| Trade debts | 44 | €15,040 | €11,922 | -€3,119 | -20.7% |
| Suppliers | 440/4 | €15,040 | €11,922 | -€3,119 | -20.7% |
| Taxes, remuneration and social security | 45 | €6,777 | €630 | -€6,147 | -90.7% |
| Taxes | 450/3 | €3,655 | €630 | -€3,025 | -82.8% |
| Remuneration and social security | 454/9 | €3,122 | - | -€3,122 | |
| Other amounts payable | 47/48 | €8,099 | - | -€8,099 | |
| Accrued charges and deferred income | 492/3 | €776 | €601 | -€175 | -22.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,003 | €10,942 | +€3,939 | +56.2% |
| Other operating charges | 640/8 | €505 | €744 | +€239 | +47.3% |
| Non-recurring operating charges | 66A | - | €681 | +€681 | |
| Gross operating margin | 9900 | €63,142 | €22,428 | -€40,714 | -64.5% |
| Operating profit (loss) | 9901 | €55,634 | €10,061 | -€45,573 | -81.9% |
| Financial income | 75/76B | €171 | €116 | -€55 | -32.1% |
| Recurring financial income | 75 | €171 | €116 | -€55 | -32.1% |
| Financial charges | 65/66B | €1,199 | €1,009 | -€191 | -15.9% |
| Recurring financial charges | 65 | €1,199 | €1,009 | -€191 | -15.9% |
| Profit (loss) for the period before taxes | 9903 | €54,605 | €9,168 | -€45,437 | -83.2% |
| Income taxes | 67/77 | €18,212 | €2,775 | -€15,437 | -84.8% |
| Profit (loss) for the period | 9904 | €36,393 | €6,393 | -€30,000 | -82.4% |
| Profit (loss) for the period to be appropriated | 9905 | €36,393 | €6,393 | -€30,000 | -82.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.