FLABEL CORPORATION: 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.
What changed
FLABEL CORPORATION
NACE 30.310, Manufacture of other transport equipment
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€998
2024 · €1,128-€130
Equity
€409,091
2024 · €408,093+€998
Cash
€455,615
2024 · €414,716+€40,898
Balance sheet total
€76.1m
2024 · €82.0m-€5.8m
Largest movements
Assets
- Intangible fixed assets -€3.4m
down €3.4m (-12.4%), from €27.8m to €24.4m
- Receivables within one year -€1.7m
down €1.7m (-3.2%), from €52.7m to €51.1m
of which Trade receivables: -€1.7m
Equity and liabilities
- Debts after one year -€4.0m
down €4.0m (-10.4%), from €38.8m to €34.8m
- Trade debts -€1.8m
down €1.8m (-4.3%), from €42.8m to €40.9m
Income statement
- Goods and materials +€3.1m
up €3.1m (+17.2%), from €18.0m to €21.1m
- Turnover +€2.4m
up €2.4m (+11.0%), from €22.2m to €24.7m
- Depreciation -€705,053
down €705,053 (-17.0%), from €4.1m to €3.4m
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.
Result 2024
€1,128
Turnover
+€2.4m
Goods and materials
-€3.1m
Services and other goods
-€42,963
Depreciation
+€705,053
Other operating charges
-€31
Financial income
-€320
Financial charges
+€43
Taxes
-€45
Result 2025
€998
raises the resultlowers the result
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.
From operations
+€4.1m
Investment
-€111
Financing
-€4.0m
Cash 2024
€414,716
From operations (derived)
+€4.1m
Net result for the year
+€998
Depreciation
+€3.4m
Receivables after one year
+€268,348
Receivables within one year
+€1.7m
Deferred charges and accrued income
+€492,306
Trade debts
-€1.8m
Tax, wage and social debts
+€164
Investment (derived)
-€111
Investment in fixed assets (net)
-€111
Financing
-€4.0m
Debts after one year
-€4.0m
Cash 2025
€455,615
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €81,958,146 | €76,116,284 | -€5.8m | -7.1% |
| Fixed assets | 21/28 | €27,814,863 | €24,371,963 | -€3.4m | -12.4% |
| Intangible fixed assets | 21 | €27,814,730 | €24,371,720 | -€3.4m | -12.4% |
| Financial fixed assets | 28 | €132 | €243 | +€111 | +83.4% |
| Other financial fixed assets | 284/8 | €132 | €243 | +€111 | +83.4% |
| Shares | 284 | €132 | €132 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | - | €111 | +€111 | |
| Current assets | 29/58 | €54,143,283 | €51,744,320 | -€2.4m | -4.4% |
| Amounts receivable after more than one year | 29 | €501,510 | €233,162 | -€268,348 | -53.5% |
| Trade receivables | 290 | €501,510 | €233,162 | -€268,348 | -53.5% |
| Amounts receivable within one year | 40/41 | €52,733,565 | €51,054,358 | -€1.7m | -3.2% |
| Trade receivables | 40 | €52,728,205 | €51,051,152 | -€1.7m | -3.2% |
| Other amounts receivable | 41 | €5,359 | €3,207 | -€2,153 | -40.2% |
| Cash at bank and in hand | 54/58 | €414,716 | €455,615 | +€40,898 | +9.9% |
| Deferred charges and accrued income | 490/1 | €493,492 | €1,185 | -€492,306 | -99.8% |
| Total equity and liabilities | 10/49 | €81,958,146 | €76,116,284 | -€5.8m | -7.1% |
| Equity | 10/15 | €408,093 | €409,091 | +€998 | +0.2% |
| Contributions | 10/11 | €297,472 | €297,472 | = | 0.0% |
| Capital | 10 | €297,472 | €297,472 | = | 0.0% |
| Issued capital | 100 | €297,472 | €297,472 | = | 0.0% |
| Reserves | 13 | €29,747 | €29,747 | = | 0.0% |
| Non-distributable reserves | 130/1 | €29,747 | €29,747 | = | 0.0% |
| Legal reserve | 130 | €29,747 | €29,747 | = | 0.0% |
| Profit (loss) carried forward | 14 | €80,874 | €81,872 | +€998 | +1.2% |
| Amounts payable | 17/49 | €81,550,053 | €75,707,192 | -€5.8m | -7.2% |
| Amounts payable after more than one year | 17 | €38,783,936 | €34,763,734 | -€4.0m | -10.4% |
| Advances received on contracts in progress | 176 | €38,783,936 | €34,763,734 | -€4.0m | -10.4% |
| Amounts payable within one year | 42/48 | €42,766,117 | €40,943,459 | -€1.8m | -4.3% |
| Trade debts | 44 | €42,766,093 | €40,943,271 | -€1.8m | -4.3% |
| Suppliers | 440/4 | €42,766,093 | €40,943,271 | -€1.8m | -4.3% |
| Taxes, remuneration and social security | 45 | €23 | €187 | +€164 | +699% |
| Taxes | 450/3 | €23 | €187 | +€164 | +699% |
| Operating income | 70/76A | €22,247,161 | €24,686,469 | +€2.4m | +11.0% |
| Turnover | 70 | €22,247,161 | €24,686,469 | +€2.4m | +11.0% |
| Operating charges | 60/66A | €22,246,796 | €24,685,912 | +€2.4m | +11.0% |
| Goods for resale, raw materials and consumables | 60 | €18,036,428 | €21,137,603 | +€3.1m | +17.2% |
| Purchases | 600/8 | €18,036,428 | €21,137,603 | +€3.1m | +17.2% |
| Services and other goods | 61 | €61,337 | €104,300 | +€42,963 | +70.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,148,063 | €3,443,010 | -€705,053 | -17.0% |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Operating profit (loss) | 9901 | €365 | €558 | +€193 | +52.8% |
| Financial income | 75/76B | €1,949 | €1,629 | -€320 | -16.4% |
| Recurring financial income | 75 | €1,949 | €1,629 | -€320 | -16.4% |
| Income from current assets | 751 | €1,936 | €1,619 | -€317 | -16.4% |
| Other financial income | 752/9 | €13 | €10 | -€3 | -23.3% |
| Financial charges | 65/66B | €581 | €539 | -€43 | -7.3% |
| Recurring financial charges | 65 | €581 | €539 | -€43 | -7.3% |
| Other financial charges | 652/9 | €581 | €539 | -€43 | -7.3% |
| Profit (loss) for the period before taxes | 9903 | €1,732 | €1,648 | -€85 | -4.9% |
| Income taxes | 67/77 | €604 | €649 | +€45 | +7.5% |
| Taxes | 670/3 | €604 | €649 | +€45 | +7.5% |
| Profit (loss) for the period | 9904 | €1,128 | €998 | -€130 | -11.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,128 | €998 | -€130 | -11.5% |
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 22 October 2026 via checked.be.