FLACARS: 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.
FLACARS
Largest movements
- Stocks and contracts +€16,844
up €16,844 (+12.3%), from €136,394 to €153,239
- Receivables within one year +€5,293
up €5,293 (+17.8%), from €29,766 to €35,059
of which Trade receivables: +€12,146
- Cash +€4,686
up €4,686 (+28.4%), from €16,481 to €21,167
mainly Other debts (+€28,422) and Net result for the year (+€13,219)
- Financial fixed assets -€2,900
down €2,900 (-32.2%), from €9,000 to €6,100
- Other debts +€28,422
up €28,422 (+22.9%), from €124,108 to €152,530
- Reserves +€13,219
up €13,219 (+48.6%), from €27,174 to €40,393
- Trade debts -€12,518
down €12,518 (-48.6%), from €25,753 to €13,235
- Tax, wage and social debts -€3,682
no longer reported in 2024 (was €3,682)
- Accrued charges and deferred income -€3,274
no longer reported in 2024 (was €3,274)
- Financial charges +€4,569
up €4,569 (+701.5%), from €651 to €5,220
of which Non-recurring financial charges: +€4,515
- Depreciation -€3,558
down €3,558 (-67.1%), from €5,306 to €1,748
- Gross operating margin -€3,385
down €3,385 (-11.2%), from €30,322 to €26,938
- Taxes -€1,186
down €1,186 (-25.9%), from €4,577 to €3,391
- Financial income -€862
down €862 (-93.6%), from €921 to €59
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €196,392 | €218,559 | +€22,167 | +11.3% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €12,330 | €8,557 | -€3,773 | -30.6% |
| Intangible fixed assets | 21 | €887 | €702 | -€185 | -20.8% |
| Tangible fixed assets | 22/27 | €2,443 | €1,755 | -€688 | -28.2% |
| Plant, machinery and equipment | 23 | - | €640 | +€640 | |
| Furniture and vehicles | 24 | €2,443 | €1,115 | -€1,328 | -54.4% |
| Financial fixed assets | 28 | €9,000 | €6,100 | -€2,900 | -32.2% |
| Current assets | 29/58 | €184,062 | €210,002 | +€25,940 | +14.1% |
| Stocks and contracts in progress | 3 | €136,394 | €153,239 | +€16,844 | +12.3% |
| Stocks | 30/36 | €136,394 | €153,239 | +€16,844 | +12.3% |
| Amounts receivable within one year | 40/41 | €29,766 | €35,059 | +€5,293 | +17.8% |
| Trade receivables | 40 | €3,425 | €15,571 | +€12,146 | +354.7% |
| Other amounts receivable | 41 | €26,341 | €19,488 | -€6,854 | -26.0% |
| Cash at bank and in hand | 54/58 | €16,481 | €21,167 | +€4,686 | +28.4% |
| Deferred charges and accrued income | 490/1 | €1,420 | €537 | -€883 | -62.2% |
| Total equity and liabilities | 10/49 | €196,392 | €218,559 | +€22,167 | +11.3% |
| Equity | 10/15 | €39,574 | €52,793 | +€13,219 | +33.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €27,174 | €40,393 | +€13,219 | +48.6% |
| Distributable reserves | 133 | €27,174 | €40,393 | +€13,219 | +48.6% |
| Amounts payable | 17/49 | €156,818 | €165,766 | +€8,948 | +5.7% |
| Amounts payable within one year | 42/48 | €153,543 | €165,766 | +€12,222 | +8.0% |
| Trade debts | 44 | €25,753 | €13,235 | -€12,518 | -48.6% |
| Suppliers | 440/4 | €25,753 | €13,235 | -€12,518 | -48.6% |
| Taxes, remuneration and social security | 45 | €3,682 | - | -€3,682 | |
| Taxes | 450/3 | €3,682 | - | -€3,682 | |
| Other amounts payable | 47/48 | €124,108 | €152,530 | +€28,422 | +22.9% |
| Accrued charges and deferred income | 492/3 | €3,274 | - | -€3,274 | |
| Remuneration, social security and pensions | 62 | €615 | - | -€615 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,306 | €1,748 | -€3,558 | -67.1% |
| Other operating charges | 640/8 | €2,952 | €3,419 | +€467 | +15.8% |
| Gross operating margin | 9900 | €30,322 | €26,938 | -€3,385 | -11.2% |
| Operating profit (loss) | 9901 | €21,450 | €21,771 | +€321 | +1.5% |
| Financial income | 75/76B | €921 | €59 | -€862 | -93.6% |
| Recurring financial income | 75 | €921 | €59 | -€862 | -93.6% |
| Financial charges | 65/66B | €651 | €5,220 | +€4,569 | +701.5% |
| Recurring financial charges | 65 | €651 | €704 | +€53 | +8.2% |
| Non-recurring financial charges | 66B | - | €4,515 | +€4,515 | |
| Profit (loss) for the period before taxes | 9903 | €21,719 | €16,610 | -€5,109 | -23.5% |
| Income taxes | 67/77 | €4,577 | €3,391 | -€1,186 | -25.9% |
| Profit (loss) for the period | 9904 | €17,142 | €13,219 | -€3,923 | -22.9% |
| Profit (loss) for the period to be appropriated | 9905 | €17,142 | €13,219 | -€3,923 | -22.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.