BY-FLO: 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.
BY-FLO
Largest movements
- Cash -€6,010
down €6,010 (-14.3%), from €41,930 to €35,920
mainly Net result for the year (-€3,642) and Receivables within one year (-€3,108)
- Receivables within one year +€3,108
up €3,108 (+3165.3%), from €98 to €3,206
- Tangible fixed assets -€1,266
down €1,266 (-67.4%), from €1,879 to €613
- Profit (loss) carried forward -€3,642
down €3,642 (-59.4%), from -€6,133 to -€9,775
- Other debts -€1,099
no longer reported in 2025 (was €1,099)
- Trade debts +€574
new in 2025: €574
- Gross operating margin +€2,255
up €2,255 (+53.4%), from -€4,227 to -€1,972
- Depreciation -€183
down €183 (-12.7%), from €1,449 to €1,266
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 | €43,907 | €39,739 | -€4,168 | -9.5% |
| Fixed assets | 21/28 | €1,879 | €613 | -€1,266 | -67.4% |
| Tangible fixed assets | 22/27 | €1,879 | €613 | -€1,266 | -67.4% |
| Furniture and vehicles | 24 | €1,879 | €613 | -€1,266 | -67.4% |
| Current assets | 29/58 | €42,028 | €39,126 | -€2,902 | -6.9% |
| Amounts receivable within one year | 40/41 | €98 | €3,206 | +€3,108 | +3165.3% |
| Other amounts receivable | 41 | €98 | €3,206 | +€3,108 | +3165.3% |
| Cash at bank and in hand | 54/58 | €41,930 | €35,920 | -€6,010 | -14.3% |
| Total equity and liabilities | 10/49 | €43,907 | €39,739 | -€4,168 | -9.5% |
| Equity | 10/15 | €42,808 | €39,166 | -€3,642 | -8.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €36,540 | €36,540 | = | 0.0% |
| Distributable reserves | 133 | €36,540 | €36,540 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,133 | -€9,775 | -€3,642 | -59.4% |
| Amounts payable | 17/49 | €1,099 | €574 | -€526 | -47.8% |
| Amounts payable within one year | 42/48 | €1,099 | €574 | -€526 | -47.8% |
| Trade debts | 44 | - | €574 | +€574 | |
| Suppliers | 440/4 | - | €574 | +€574 | |
| Other amounts payable | 47/48 | €1,099 | - | -€1,099 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,449 | €1,266 | -€183 | -12.7% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€4,227 | -€1,972 | +€2,255 | +53.4% |
| Operating profit (loss) | 9901 | -€6,063 | -€3,637 | +€2,426 | +40.0% |
| Financial income | 75/76B | - | €35 | +€35 | |
| Recurring financial income | 75 | - | €35 | +€35 | |
| Financial charges | 65/66B | €70 | €40 | -€29 | -41.9% |
| Recurring financial charges | 65 | €70 | €40 | -€29 | -41.9% |
| Profit (loss) for the period before taxes | 9903 | -€6,133 | -€3,642 | +€2,491 | +40.6% |
| Profit (loss) for the period | 9904 | -€6,133 | -€3,642 | +€2,491 | +40.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,133 | -€3,642 | +€2,491 | +40.6% |
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 9 October 2026 via checked.be.