F.L.MAINTENANCE: 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.
F.L.MAINTENANCE
Largest movements
- Receivables within one year +€80,263
up €80,263 (+62.9%), from €127,622 to €207,885
of which Trade receivables: +€98,533
- Tangible fixed assets -€40,889
down €40,889 (-9.4%), from €436,272 to €395,383
of which Land and buildings: -€44,569
- Tax, wage and social debts +€44,140
up €44,140 (+2,169%), from €2,035 to €46,175
of which Taxes: +€43,604
- Debts after one year -€20,315
down €20,315 (-16.8%), from €121,098 to €100,783
- Other debts +€11,067
new in 2025: €11,067
- Current portion of long-term debt +€6,876
up €6,876 (+15.1%), from €45,497 to €52,373
- Gross operating margin +€78,489
up €78,489 (+91.3%), from €85,925 to €164,414
- Financial income -€23,117
no longer reported in 2025 (was €23,117)
of which Non-recurring financial income: -€23,116
- Taxes +€18,428
up €18,428 (+323%), from €5,713 to €24,141
- Staff costs +€11,950
up €11,950 (+224%), from €5,335 to €17,285
- Depreciation +€5,272
up €5,272 (+11.2%), from €46,864 to €52,136
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 | €590,920 | €627,266 | +€36,346 | +6.2% |
| Fixed assets | 21/28 | €436,272 | €395,383 | -€40,889 | -9.4% |
| Tangible fixed assets | 22/27 | €436,272 | €395,383 | -€40,889 | -9.4% |
| Land and buildings | 22 | €432,626 | €388,057 | -€44,569 | -10.3% |
| Plant, machinery and equipment | 23 | €2,364 | €928 | -€1,436 | -60.7% |
| Furniture and vehicles | 24 | €1,282 | €6,398 | +€5,116 | +399% |
| Current assets | 29/58 | €154,648 | €231,883 | +€77,235 | +49.9% |
| Amounts receivable within one year | 40/41 | €127,622 | €207,885 | +€80,263 | +62.9% |
| Trade receivables | 40 | €104,172 | €202,705 | +€98,533 | +94.6% |
| Other amounts receivable | 41 | €23,450 | €5,180 | -€18,270 | -77.9% |
| Cash at bank and in hand | 54/58 | €2,066 | €3,934 | +€1,868 | +90.4% |
| Deferred charges and accrued income | 490/1 | €24,960 | €20,064 | -€4,896 | -19.6% |
| Total equity and liabilities | 10/49 | €590,920 | €627,266 | +€36,346 | +6.2% |
| Equity | 10/15 | €264,212 | €266,231 | +€2,019 | +0.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €258,012 | €260,031 | +€2,019 | +0.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €256,152 | €258,171 | +€2,019 | +0.8% |
| Amounts payable | 17/49 | €326,708 | €361,035 | +€34,327 | +10.5% |
| Amounts payable after more than one year | 17 | €121,098 | €100,783 | -€20,315 | -16.8% |
| Financial debts | 170/4 | €121,098 | €100,783 | -€20,315 | -16.8% |
| Amounts payable within one year | 42/48 | €195,645 | €251,813 | +€56,168 | +28.7% |
| Current portion of amounts payable after more than one year | 42 | €45,497 | €52,373 | +€6,876 | +15.1% |
| Financial debts | 43 | €19,749 | €14,270 | -€5,479 | -27.7% |
| Credit institutions | 430/8 | €19,749 | €14,270 | -€5,479 | -27.7% |
| Trade debts | 44 | €128,364 | €127,928 | -€436 | -0.3% |
| Suppliers | 440/4 | €128,364 | €127,928 | -€436 | -0.3% |
| Taxes, remuneration and social security | 45 | €2,035 | €46,175 | +€44,140 | +2,169% |
| Taxes | 450/3 | €2,035 | €45,639 | +€43,604 | +2,143% |
| Remuneration and social security | 454/9 | - | €536 | +€536 | |
| Other amounts payable | 47/48 | - | €11,067 | +€11,067 | |
| Accrued charges and deferred income | 492/3 | €9,965 | €8,439 | -€1,526 | -15.3% |
| Remuneration, social security and pensions | 62 | €5,335 | €17,285 | +€11,950 | +224% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,864 | €52,136 | +€5,272 | +11.2% |
| Other operating charges | 640/8 | €5,252 | €2,227 | -€3,025 | -57.6% |
| Non-recurring operating charges | 66A | €20,000 | €16,191 | -€3,809 | -19.0% |
| Gross operating margin | 9900 | €85,925 | €164,414 | +€78,489 | +91.3% |
| Operating profit (loss) | 9901 | €8,474 | €76,575 | +€68,101 | +804% |
| Financial income | 75/76B | €23,117 | - | -€23,117 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Non-recurring financial income | 76B | €23,116 | - | -€23,116 | |
| Financial charges | 65/66B | €12,223 | €10,415 | -€1,808 | -14.8% |
| Recurring financial charges | 65 | €8,997 | €8,411 | -€586 | -6.5% |
| Non-recurring financial charges | 66B | €3,226 | €2,004 | -€1,222 | -37.9% |
| Profit (loss) for the period before taxes | 9903 | €19,368 | €66,160 | +€46,792 | +242% |
| Income taxes | 67/77 | €5,713 | €24,141 | +€18,428 | +323% |
| Profit (loss) for the period | 9904 | €13,655 | €42,019 | +€28,364 | +208% |
| Profit (loss) for the period to be appropriated | 9905 | €13,655 | €42,019 | +€28,364 | +208% |
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 18 October 2026 via checked.be.