FL-E: 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-E
Largest movements
- Cash -€20,187
down €20,187 (-24.2%), from €83,485 to €63,298
mainly Investment in fixed assets (net) (-€23,085) and Other debts (-€17,746)
- Tangible fixed assets +€6,544
up €6,544 (+40.3%), from €16,245 to €22,790
of which Furniture and vehicles: +€7,246
- Other debts -€17,746
down €17,746 (-84.6%), from €20,981 to €3,235
- Reserves +€5,670
up €5,670 (+8.8%), from €64,584 to €70,254
- Tax, wage and social debts -€1,689
down €1,689 (-43.3%), from €3,899 to €2,210
- Gross operating margin -€4,667
down €4,667 (-13.1%), from €35,492 to €30,825
- Depreciation +€3,118
up €3,118 (+23.2%), from €13,423 to €16,541
- Taxes -€1,715
down €1,715 (-26.5%), from €6,459 to €4,745
- Other operating charges +€407
up €407 (+57.6%), from €707 to €1,114
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 | €119,027 | €104,944 | -€14,083 | -11.8% |
| Fixed assets | 21/28 | €16,245 | €22,790 | +€6,544 | +40.3% |
| Tangible fixed assets | 22/27 | €16,245 | €22,790 | +€6,544 | +40.3% |
| Plant, machinery and equipment | 23 | €98 | €0 | -€98 | -100.0% |
| Furniture and vehicles | 24 | €13,560 | €20,806 | +€7,246 | +53.4% |
| Other tangible fixed assets | 26 | €2,588 | €1,984 | -€604 | -23.3% |
| Current assets | 29/58 | €102,781 | €82,154 | -€20,627 | -20.1% |
| Amounts receivable within one year | 40/41 | €15,096 | €14,389 | -€707 | -4.7% |
| Trade receivables | 40 | €11,685 | €11,455 | -€230 | -2.0% |
| Other amounts receivable | 41 | €3,411 | €2,935 | -€477 | -14.0% |
| Cash at bank and in hand | 54/58 | €83,485 | €63,298 | -€20,187 | -24.2% |
| Deferred charges and accrued income | 490/1 | €4,200 | €4,466 | +€266 | +6.3% |
| Total equity and liabilities | 10/49 | €119,027 | €104,944 | -€14,083 | -11.8% |
| Equity | 10/15 | €81,784 | €87,454 | +€5,670 | +6.9% |
| Contributions | 10/11 | €17,200 | €17,200 | = | 0.0% |
| Reserves | 13 | €64,584 | €70,254 | +€5,670 | +8.8% |
| Distributable reserves | 133 | €64,584 | €70,254 | +€5,670 | +8.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €9,829 | €9,829 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €9,829 | €9,829 | = | 0.0% |
| Pensions and similar obligations | 160 | €9,829 | €9,829 | = | 0.0% |
| Amounts payable | 17/49 | €27,414 | €7,660 | -€19,753 | -72.1% |
| Amounts payable within one year | 42/48 | €26,214 | €6,460 | -€19,753 | -75.4% |
| Trade debts | 44 | €1,334 | €1,016 | -€318 | -23.8% |
| Suppliers | 440/4 | €1,334 | €1,016 | -€318 | -23.8% |
| Taxes, remuneration and social security | 45 | €3,899 | €2,210 | -€1,689 | -43.3% |
| Taxes | 450/3 | €3,899 | €2,210 | -€1,689 | -43.3% |
| Other amounts payable | 47/48 | €20,981 | €3,235 | -€17,746 | -84.6% |
| Accrued charges and deferred income | 492/3 | €1,200 | €1,200 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,423 | €16,541 | +€3,118 | +23.2% |
| Other operating charges | 640/8 | €707 | €1,114 | +€407 | +57.6% |
| Non-recurring operating charges | 66A | - | €268 | +€268 | |
| Gross operating margin | 9900 | €35,492 | €30,825 | -€4,667 | -13.1% |
| Operating profit (loss) | 9901 | €21,363 | €12,903 | -€8,460 | -39.6% |
| Financial income | 75/76B | €614 | €837 | +€224 | +36.4% |
| Recurring financial income | 75 | €614 | €837 | +€224 | +36.4% |
| Financial charges | 65/66B | €247 | €91 | -€156 | -63.2% |
| Recurring financial charges | 65 | €247 | €91 | -€156 | -63.2% |
| Profit (loss) for the period before taxes | 9903 | €21,730 | €13,650 | -€8,080 | -37.2% |
| Income taxes | 67/77 | €6,459 | €4,745 | -€1,715 | -26.5% |
| Profit (loss) for the period | 9904 | €15,271 | €8,905 | -€6,366 | -41.7% |
| Profit (loss) for the period to be appropriated | 9905 | €15,271 | €8,905 | -€6,366 | -41.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.