FL PROD.: 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.
FL PROD.
Largest movements
- Receivables within one year -€17,801
down €17,801 (-13.5%), from €131,429 to €113,628
of which Trade receivables: -€10,399
- Stocks and contracts +€3,305
up €3,305 (+36.4%), from €9,082 to €12,387
- Tax, wage and social debts -€19,656
down €19,656 (-96.9%), from €20,296 to €639
- Trade debts +€14,477
up €14,477 (+92.5%), from €15,652 to €30,129
- Debts after one year -€14,279
down €14,279 (-29.6%), from €48,193 to €33,913
- Reserves +€8,112
up €8,112 (+31.9%), from €25,463 to €33,575
- Advances received -€2,507
down €2,507 (-99.0%), from €2,532 to €25
- Gross operating margin +€4,514
up €4,514 (+38.4%), from €11,743 to €16,256
- Financial charges +€2,788
up €2,788 (+106.0%), from €2,631 to €5,419
- Taxes +€706
up €706 (+24.1%), from €2,933 to €3,639
- Other operating charges -€469
down €469 (-36.5%), from €1,284 to €815
- Depreciation +€463
up €463 (+24.7%), from €1,873 to €2,336
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 | €178,022 | €162,462 | -€15,560 | -8.7% |
| Fixed assets | 21/28 | €8,153 | €7,175 | -€979 | -12.0% |
| Tangible fixed assets | 22/27 | €8,153 | €7,175 | -€979 | -12.0% |
| Plant, machinery and equipment | 23 | €5,533 | €3,717 | -€1,816 | -32.8% |
| Other tangible fixed assets | 26 | €2,621 | €3,458 | +€838 | +32.0% |
| Current assets | 29/58 | €169,868 | €155,287 | -€14,581 | -8.6% |
| Amounts receivable after more than one year | 29 | €19,475 | €19,475 | = | 0.0% |
| Trade receivables | 290 | €19,475 | €19,475 | = | 0.0% |
| Stocks and contracts in progress | 3 | €9,082 | €12,387 | +€3,305 | +36.4% |
| Stocks | 30/36 | €9,082 | €12,387 | +€3,305 | +36.4% |
| Amounts receivable within one year | 40/41 | €131,429 | €113,628 | -€17,801 | -13.5% |
| Trade receivables | 40 | €62,514 | €52,115 | -€10,399 | -16.6% |
| Other amounts receivable | 41 | €68,915 | €61,513 | -€7,402 | -10.7% |
| Cash at bank and in hand | 54/58 | €8,984 | €9,798 | +€813 | +9.1% |
| Deferred charges and accrued income | 490/1 | €899 | €0 | -€899 | -100.0% |
| Total equity and liabilities | 10/49 | €178,022 | €162,462 | -€15,560 | -8.7% |
| Equity | 10/15 | €84,356 | €92,468 | +€8,112 | +9.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €25,463 | €33,575 | +€8,112 | +31.9% |
| Distributable reserves | 133 | €25,463 | €33,575 | +€8,112 | +31.9% |
| Profit (loss) carried forward | 14 | €46,493 | €46,493 | = | 0.0% |
| Amounts payable | 17/49 | €93,666 | €69,995 | -€23,672 | -25.3% |
| Amounts payable after more than one year | 17 | €48,193 | €33,913 | -€14,279 | -29.6% |
| Financial debts | 170/4 | €48,193 | €33,913 | -€14,279 | -29.6% |
| Amounts payable within one year | 42/48 | €45,473 | €36,081 | -€9,392 | -20.7% |
| Current portion of amounts payable after more than one year | 42 | €6,994 | €5,288 | -€1,706 | -24.4% |
| Trade debts | 44 | €15,652 | €30,129 | +€14,477 | +92.5% |
| Suppliers | 440/4 | €15,652 | €30,129 | +€14,477 | +92.5% |
| Advances received on contracts in progress | 46 | €2,532 | €25 | -€2,507 | -99.0% |
| Taxes, remuneration and social security | 45 | €20,296 | €639 | -€19,656 | -96.9% |
| Taxes | 450/3 | €20,296 | €639 | -€19,656 | -96.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,873 | €2,336 | +€463 | +24.7% |
| Other operating charges | 640/8 | €1,284 | €815 | -€469 | -36.5% |
| Gross operating margin | 9900 | €11,743 | €16,256 | +€4,514 | +38.4% |
| Operating profit (loss) | 9901 | €8,586 | €13,104 | +€4,519 | +52.6% |
| Financial income | 75/76B | €4,071 | €4,066 | -€4 | -0.1% |
| Recurring financial income | 75 | €4,071 | €4,066 | -€4 | -0.1% |
| Financial charges | 65/66B | €2,631 | €5,419 | +€2,788 | +106.0% |
| Recurring financial charges | 65 | €2,631 | €5,419 | +€2,788 | +106.0% |
| Profit (loss) for the period before taxes | 9903 | €10,026 | €11,751 | +€1,726 | +17.2% |
| Income taxes | 67/77 | €2,933 | €3,639 | +€706 | +24.1% |
| Profit (loss) for the period | 9904 | €7,093 | €8,112 | +€1,020 | +14.4% |
| Profit (loss) for the period to be appropriated | 9905 | €7,093 | €8,112 | +€1,020 | +14.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.