FL CONSTRUCTION: 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.
FL CONSTRUCTION
Largest movements
- Cash -€85,097
down €85,097 (-30.4%), from €279,727 to €194,630
mainly Tax, wage and social debts (-€44,995) and Other debts (-€29,875)
- Receivables within one year -€7,633
down €7,633 (-83.2%), from €9,178 to €1,545
of which Trade receivables: -€8,089
- Tax, wage and social debts -€44,995
down €44,995 (-100.0%), from €44,995 to €0
- Other debts -€29,875
down €29,875 (-98.6%), from €30,307 to €431
- Trade debts -€9,989
down €9,989 (-34.2%), from €29,204 to €19,216
- Profit (loss) carried forward -€7,841
new in 2025: -€7,841
- Gross operating margin -€145,701
down €145,701, from €138,682 to -€7,019
- Taxes -€36,514
down €36,514 (-100.0%), from €36,514 to €0
- Financial charges -€12,992
down €12,992 (-97.7%), from €13,300 to €308
- Financial income -€3,990
down €3,990 (-99.1%), from €4,028 to €38
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 | €290,193 | €197,493 | -€92,700 | -31.9% |
| Fixed assets | 21/28 | €1,288 | €1,288 | = | 0.0% |
| Financial fixed assets | 28 | €1,288 | €1,288 | = | 0.0% |
| Current assets | 29/58 | €288,905 | €196,205 | -€92,700 | -32.1% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €9,178 | €1,545 | -€7,633 | -83.2% |
| Trade receivables | 40 | €9,178 | €1,089 | -€8,089 | -88.1% |
| Other amounts receivable | 41 | €0 | €456 | +€456 | |
| Cash at bank and in hand | 54/58 | €279,727 | €194,630 | -€85,097 | -30.4% |
| Deferred charges and accrued income | 490/1 | - | €30 | +€30 | |
| Total equity and liabilities | 10/49 | €290,193 | €197,493 | -€92,700 | -31.9% |
| Equity | 10/15 | €185,687 | €177,846 | -€7,841 | -4.2% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €170,687 | €170,687 | = | 0.0% |
| Distributable reserves | 133 | €170,687 | €170,687 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€7,841 | -€7,841 | |
| Amounts payable | 17/49 | €104,505 | €19,647 | -€84,859 | -81.2% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €104,505 | €19,647 | -€84,859 | -81.2% |
| Financial debts | 43 | €0 | - | = | |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €29,204 | €19,216 | -€9,989 | -34.2% |
| Suppliers | 440/4 | €29,204 | €19,216 | -€9,989 | -34.2% |
| Taxes, remuneration and social security | 45 | €44,995 | €0 | -€44,995 | -100.0% |
| Taxes | 450/3 | €44,995 | €0 | -€44,995 | -100.0% |
| Other amounts payable | 47/48 | €30,307 | €431 | -€29,875 | -98.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €367 | €552 | +€186 | +50.7% |
| Gross operating margin | 9900 | €138,682 | -€7,019 | -€145,701 | |
| Operating profit (loss) | 9901 | €138,316 | -€7,571 | -€145,887 | |
| Financial income | 75/76B | €4,028 | €38 | -€3,990 | -99.1% |
| Recurring financial income | 75 | €4,028 | €38 | -€3,990 | -99.1% |
| Financial charges | 65/66B | €13,300 | €308 | -€12,992 | -97.7% |
| Recurring financial charges | 65 | €13,300 | €308 | -€12,992 | -97.7% |
| Profit (loss) for the period before taxes | 9903 | €129,044 | -€7,841 | -€136,885 | |
| Income taxes | 67/77 | €36,514 | €0 | -€36,514 | -100.0% |
| Profit (loss) for the period | 9904 | €92,530 | -€7,841 | -€100,371 | |
| Profit (loss) for the period to be appropriated | 9905 | €92,530 | -€7,841 | -€100,371 |
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.