FLACAS: 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.
FLACAS
Largest movements
- Cash +€12,731
up €12,731 (+21.8%), from €58,414 to €71,145
mainly Net result for the year (+€53,946) and Other debts (+€44,330)
- Receivables within one year +€6,959
up €6,959 (+308.8%), from €2,253 to €9,212
of which Other amounts receivable: +€9,212
- Other debts +€44,330
up €44,330 (+1090.9%), from €4,063 to €48,394
- Reserves -€31,854
down €31,854 (-15.9%), from €200,159 to €168,306
of which Distributable reserves: -€31,854
- Tax, wage and social debts +€4,984
up €4,984 (+1362.5%), from €366 to €5,350
- Gross operating margin +€3,093
up €3,093 (+3.2%), from €97,689 to €100,782
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 | €260,052 | €277,168 | +€17,115 | +6.6% |
| Fixed assets | 21/28 | €197,969 | €195,385 | -€2,584 | -1.3% |
| Tangible fixed assets | 22/27 | €197,969 | €195,385 | -€2,584 | -1.3% |
| Land and buildings | 22 | €196,873 | €192,751 | -€4,121 | -2.1% |
| Plant, machinery and equipment | 23 | €74 | €0 | -€74 | -100.0% |
| Furniture and vehicles | 24 | €1,023 | €2,634 | +€1,611 | +157.5% |
| Current assets | 29/58 | €62,083 | €81,782 | +€19,699 | +31.7% |
| Amounts receivable within one year | 40/41 | €2,253 | €9,212 | +€6,959 | +308.8% |
| Trade receivables | 40 | €2,253 | €0 | -€2,253 | -100.0% |
| Other amounts receivable | 41 | €0 | €9,212 | +€9,212 | |
| Cash at bank and in hand | 54/58 | €58,414 | €71,145 | +€12,731 | +21.8% |
| Deferred charges and accrued income | 490/1 | €1,416 | €1,425 | +€9 | +0.6% |
| Total equity and liabilities | 10/49 | €260,052 | €277,168 | +€17,115 | +6.6% |
| Equity | 10/15 | €251,535 | €219,681 | -€31,854 | -12.7% |
| Contributions | 10/11 | €51,376 | €51,376 | = | 0.0% |
| Reserves | 13 | €200,159 | €168,306 | -€31,854 | -15.9% |
| Tax-exempt reserves | 132 | €7,026 | €7,026 | = | 0.0% |
| Distributable reserves | 133 | €193,133 | €161,280 | -€31,854 | -16.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €8,517 | €57,486 | +€48,969 | +574.9% |
| Amounts payable within one year | 42/48 | €8,517 | €57,486 | +€48,969 | +574.9% |
| Trade debts | 44 | €4,088 | €3,742 | -€346 | -8.5% |
| Suppliers | 440/4 | €4,088 | €3,742 | -€346 | -8.5% |
| Taxes, remuneration and social security | 45 | €366 | €5,350 | +€4,984 | +1362.5% |
| Taxes | 450/3 | €366 | €5,350 | +€4,984 | +1362.5% |
| Other amounts payable | 47/48 | €4,063 | €48,394 | +€44,330 | +1090.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,260 | €5,584 | +€324 | +6.2% |
| Other operating charges | 640/8 | €14,933 | €15,290 | +€357 | +2.4% |
| Gross operating margin | 9900 | €97,689 | €100,782 | +€3,093 | +3.2% |
| Operating profit (loss) | 9901 | €77,496 | €79,908 | +€2,412 | +3.1% |
| Financial charges | 65/66B | €324 | €571 | +€247 | +76.2% |
| Recurring financial charges | 65 | €324 | €571 | +€247 | +76.2% |
| Profit (loss) for the period before taxes | 9903 | €77,173 | €79,338 | +€2,165 | +2.8% |
| Income taxes | 67/77 | €24,866 | €25,391 | +€525 | +2.1% |
| Profit (loss) for the period | 9904 | €52,307 | €53,946 | +€1,640 | +3.1% |
| Profit (loss) for the period to be appropriated | 9905 | €52,307 | €53,946 | +€1,640 | +3.1% |
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.