FL CONCEPT: what changed
FL CONCEPT
Largest movements
- Cash +€9,804
up €9,804 (+54.2%), from €18,093 to €27,897
mainly Other debts (+€15,525) and Receivables within one year (+€3,508)
- Receivables within one year -€3,508
down €3,508 (-25.5%), from €13,772 to €10,264
of which Trade receivables: -€3,128
- Tangible fixed assets +€3,036
up €3,036 (+167%), from €1,817 to €4,854
of which Plant, machinery and equipment: +€3,235
- Deferred charges and accrued income -€861
down €861 (-18.3%), from €4,720 to €3,858
- Other debts +€15,525
up €15,525 (+49.5%), from €31,395 to €46,919
- Profit (loss) carried forward -€6,422
down €6,422, from €4,291 to -€2,131
- Tax, wage and social debts -€621
down €621 (-34.2%), from €1,814 to €1,193
of which Taxes: -€1,682
- Gross operating margin -€10,756
down €10,756, from €7,233 to -€3,523
- Taxes -€1,070
down €1,070 (-89.0%), from €1,202 to €132
- Depreciation +€814
up €814 (+186%), from €437 to €1,251
- Financial charges +€201
up €201 (+21.9%), from €916 to €1,116
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €39,571 | €47,754 | +€8,183 | +20.7% |
| Formation expenses | 20 | €1,169 | €881 | -€287 | -24.6% |
| Fixed assets | 21/28 | €1,817 | €4,854 | +€3,036 | +167% |
| Tangible fixed assets | 22/27 | €1,817 | €4,854 | +€3,036 | +167% |
| Plant, machinery and equipment | 23 | - | €3,235 | +€3,235 | |
| Furniture and vehicles | 24 | €1,817 | €1,619 | -€199 | -10.9% |
| Current assets | 29/58 | €36,585 | €42,019 | +€5,434 | +14.9% |
| Amounts receivable within one year | 40/41 | €13,772 | €10,264 | -€3,508 | -25.5% |
| Trade receivables | 40 | €13,018 | €9,890 | -€3,128 | -24.0% |
| Other amounts receivable | 41 | €755 | €374 | -€381 | -50.4% |
| Cash at bank and in hand | 54/58 | €18,093 | €27,897 | +€9,804 | +54.2% |
| Deferred charges and accrued income | 490/1 | €4,720 | €3,858 | -€861 | -18.3% |
| Total equity and liabilities | 10/49 | €39,571 | €47,754 | +€8,183 | +20.7% |
| Equity | 10/15 | €5,791 | -€631 | -€6,422 | |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,291 | -€2,131 | -€6,422 | |
| Amounts payable | 17/49 | €33,780 | €48,385 | +€14,605 | +43.2% |
| Amounts payable within one year | 42/48 | €33,780 | €48,385 | +€14,605 | +43.2% |
| Trade debts | 44 | €572 | €273 | -€299 | -52.3% |
| Suppliers | 440/4 | €572 | €273 | -€299 | -52.3% |
| Taxes, remuneration and social security | 45 | €1,814 | €1,193 | -€621 | -34.2% |
| Taxes | 450/3 | €1,814 | €132 | -€1,682 | -92.7% |
| Remuneration and social security | 454/9 | - | €1,061 | +€1,061 | |
| Other amounts payable | 47/48 | €31,395 | €46,919 | +€15,525 | +49.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €437 | €1,251 | +€814 | +186% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €7,233 | -€3,523 | -€10,756 | |
| Operating profit (loss) | 9901 | €6,409 | -€5,173 | -€11,582 | |
| Financial charges | 65/66B | €916 | €1,116 | +€201 | +21.9% |
| Recurring financial charges | 65 | €916 | €1,116 | +€201 | +21.9% |
| Profit (loss) for the period before taxes | 9903 | €5,493 | -€6,290 | -€11,783 | |
| Income taxes | 67/77 | €1,202 | €132 | -€1,070 | -89.0% |
| Profit (loss) for the period | 9904 | €4,291 | -€6,422 | -€10,713 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,291 | -€6,422 | -€10,713 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.