F.L.B.: 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.
F.L.B.
Largest movements
- Current investments +€102,288
up €102,288 (+37.2%), from €274,739 to €377,027
- Tangible fixed assets -€39,710
down €39,710 (-6.4%), from €618,317 to €578,607
of which Furniture and vehicles: -€29,429
- Cash -€15,462
down €15,462 (-99.3%), from €15,567 to €105
mainly Current investments (-€102,288) and Tax, wage and social debts (-€4,575)
- Profit (loss) carried forward +€49,020
up €49,020 (+23.5%), from €208,557 to €257,577
- Gross operating margin -€24,196
down €24,196 (-18.8%), from €128,736 to €104,540
- Turnover -€24,089
down €24,089 (-8.4%), from €288,445 to €264,356
- Other operating charges -€6,522
down €6,522 (-63.6%), from €10,248 to €3,726
- Taxes -€4,775
down €4,775 (-21.6%), from €22,151 to €17,376
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 | €916,445 | €967,041 | +€50,596 | +5.5% |
| Fixed assets | 21/28 | €618,317 | €578,607 | -€39,710 | -6.4% |
| Tangible fixed assets | 22/27 | €618,317 | €578,607 | -€39,710 | -6.4% |
| Land and buildings | 22 | €495,764 | €487,737 | -€8,027 | -1.6% |
| Plant, machinery and equipment | 23 | €12,060 | €9,806 | -€2,254 | -18.7% |
| Furniture and vehicles | 24 | €110,493 | €81,064 | -€29,429 | -26.6% |
| Current assets | 29/58 | €298,128 | €388,434 | +€90,306 | +30.3% |
| Amounts receivable within one year | 40/41 | €4,857 | €8,189 | +€3,332 | +68.6% |
| Trade receivables | 40 | - | €150 | +€150 | |
| Other amounts receivable | 41 | €4,857 | €8,039 | +€3,182 | +65.5% |
| Current investments | 50/53 | €274,739 | €377,027 | +€102,288 | +37.2% |
| Cash at bank and in hand | 54/58 | €15,567 | €105 | -€15,462 | -99.3% |
| Deferred charges and accrued income | 490/1 | €2,965 | €3,113 | +€148 | +5.0% |
| Total equity and liabilities | 10/49 | €916,445 | €967,041 | +€50,596 | +5.5% |
| Equity | 10/15 | €460,582 | €507,095 | +€46,513 | +10.1% |
| Contributions | 10/11 | €220,000 | €220,000 | = | 0.0% |
| Reserves | 13 | €22,000 | €22,000 | = | 0.0% |
| Distributable reserves | 133 | €22,000 | €22,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €208,557 | €257,577 | +€49,020 | +23.5% |
| Investment grants | 15 | €10,025 | €7,518 | -€2,507 | -25.0% |
| Provisions and deferred taxes | 16 | €528 | €396 | -€132 | -25.0% |
| Deferred taxes | 168 | €528 | €396 | -€132 | -25.0% |
| Amounts payable | 17/49 | €455,335 | €459,550 | +€4,215 | +0.9% |
| Amounts payable within one year | 42/48 | €455,335 | €459,550 | +€4,215 | +0.9% |
| Trade debts | 44 | €2,250 | €6,699 | +€4,449 | +197.7% |
| Suppliers | 440/4 | €2,250 | €6,699 | +€4,449 | +197.7% |
| Taxes, remuneration and social security | 45 | €20,675 | €16,100 | -€4,575 | -22.1% |
| Taxes | 450/3 | €20,675 | €16,100 | -€4,575 | -22.1% |
| Other amounts payable | 47/48 | €432,410 | €436,751 | +€4,341 | +1.0% |
| Turnover | 70 | €288,445 | €264,356 | -€24,089 | -8.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €173,998 | €172,027 | -€1,971 | -1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,075 | €41,300 | +€1,225 | +3.1% |
| Other operating charges | 640/8 | €10,248 | €3,726 | -€6,522 | -63.6% |
| Gross operating margin | 9900 | €128,736 | €104,540 | -€24,196 | -18.8% |
| Operating profit (loss) | 9901 | €78,413 | €59,514 | -€18,899 | -24.1% |
| Financial income | 75/76B | €4,927 | €6,798 | +€1,871 | +38.0% |
| Recurring financial income | 75 | €4,927 | €6,798 | +€1,871 | +38.0% |
| Financial charges | 65/66B | €329 | €48 | -€281 | -85.4% |
| Recurring financial charges | 65 | €329 | €48 | -€281 | -85.4% |
| Profit (loss) for the period before taxes | 9903 | €83,011 | €66,264 | -€16,747 | -20.2% |
| Transfer from deferred taxes | 780 | €132 | €132 | = | 0.0% |
| Income taxes | 67/77 | €22,151 | €17,376 | -€4,775 | -21.6% |
| Profit (loss) for the period | 9904 | €60,992 | €49,020 | -€11,972 | -19.6% |
| Profit (loss) for the period to be appropriated | 9905 | €60,992 | €49,020 | -€11,972 | -19.6% |
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 2 October 2026 via checked.be.