Flaco: 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.
Flaco
Largest movements
- Receivables within one year +€2,598
up €2,598 (+434.1%), from €598 to €3,196
of which Trade receivables: +€3,196
- Cash -€2,258
down €2,258 (-42.4%), from €5,327 to €3,069
mainly Other debts (-€8,404) and Accrued charges and deferred income (-€4,248)
- Tangible fixed assets +€1,816
up €1,816 (+68.5%), from €2,652 to €4,468
of which Furniture and vehicles: +€1,320
- Deferred charges and accrued income -€542
down €542 (-60.4%), from €897 to €355
- Profit (loss) carried forward +€13,260
up €13,260 (+28.4%), from -€46,648 to -€33,388
- Other debts -€8,404
down €8,404 (-44.1%), from €19,069 to €10,665
- Accrued charges and deferred income -€4,248
down €4,248 (-50.8%), from €8,355 to €4,107
- Trade debts +€3,680
up €3,680 (+147.9%), from €2,488 to €6,168
- Tax, wage and social debts -€2,675
down €2,675 (-52.2%), from €5,126 to €2,451
of which Taxes: -€1,763
- Gross operating margin +€17,098
up €17,098 (+433.1%), from €3,948 to €21,046
- Taxes +€3,468
up €3,468 (+863.6%), from €402 to €3,870
- Depreciation +€1,097
up €1,097 (+86.1%), from €1,275 to €2,373
- Other operating charges +€394
up €394 (+56.9%), from €693 to €1,087
- Financial charges -€341
down €341 (-42.8%), from €797 to €456
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 | €9,475 | €11,088 | +€1,613 | +17.0% |
| Fixed assets | 21/28 | €2,652 | €4,468 | +€1,816 | +68.5% |
| Tangible fixed assets | 22/27 | €2,652 | €4,468 | +€1,816 | +68.5% |
| Plant, machinery and equipment | 23 | €337 | €833 | +€496 | +147.1% |
| Furniture and vehicles | 24 | €2,315 | €3,635 | +€1,320 | +57.0% |
| Current assets | 29/58 | €6,823 | €6,620 | -€203 | -3.0% |
| Amounts receivable within one year | 40/41 | €598 | €3,196 | +€2,598 | +434.1% |
| Trade receivables | 40 | - | €3,196 | +€3,196 | |
| Other amounts receivable | 41 | €598 | - | -€598 | |
| Cash at bank and in hand | 54/58 | €5,327 | €3,069 | -€2,258 | -42.4% |
| Deferred charges and accrued income | 490/1 | €897 | €355 | -€542 | -60.4% |
| Total equity and liabilities | 10/49 | €9,475 | €11,088 | +€1,613 | +17.0% |
| Equity | 10/15 | -€25,563 | -€12,303 | +€13,260 | +51.9% |
| Contributions | 10/11 | €21,085 | €21,085 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€46,648 | -€33,388 | +€13,260 | +28.4% |
| Amounts payable | 17/49 | €35,038 | €23,391 | -€11,647 | -33.2% |
| Amounts payable within one year | 42/48 | €26,683 | €19,284 | -€7,399 | -27.7% |
| Trade debts | 44 | €2,488 | €6,168 | +€3,680 | +147.9% |
| Suppliers | 440/4 | €2,488 | €6,168 | +€3,680 | +147.9% |
| Taxes, remuneration and social security | 45 | €5,126 | €2,451 | -€2,675 | -52.2% |
| Taxes | 450/3 | €4,214 | €2,451 | -€1,763 | -41.8% |
| Remuneration and social security | 454/9 | €912 | - | -€912 | |
| Other amounts payable | 47/48 | €19,069 | €10,665 | -€8,404 | -44.1% |
| Accrued charges and deferred income | 492/3 | €8,355 | €4,107 | -€4,248 | -50.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,275 | €2,373 | +€1,097 | +86.1% |
| Other operating charges | 640/8 | €693 | €1,087 | +€394 | +56.9% |
| Gross operating margin | 9900 | €3,948 | €21,046 | +€17,098 | +433.1% |
| Operating profit (loss) | 9901 | €1,980 | €17,586 | +€15,606 | +788.3% |
| Financial charges | 65/66B | €797 | €456 | -€341 | -42.8% |
| Recurring financial charges | 65 | €797 | €456 | -€341 | -42.8% |
| Profit (loss) for the period before taxes | 9903 | €1,183 | €17,130 | +€15,948 | +1348.6% |
| Income taxes | 67/77 | €402 | €3,870 | +€3,468 | +863.6% |
| Profit (loss) for the period | 9904 | €781 | €13,260 | +€12,479 | +1598.0% |
| Profit (loss) for the period to be appropriated | 9905 | €781 | €13,260 | +€12,479 | +1598.0% |
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 5 October 2026 via checked.be.