FLAGEY: 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
FLAGEY
NACE 81.100, Combined facilities support activities
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€28,630
2024 · -€47,585+€76,214
Equity
€4.7m
2024 · €5.0m-€256,370
Cash
€169,090
2024 · €195,212-€26,121
Balance sheet total
€10.9m
2024 · €11.4m-€491,499
Largest movements
Assets
- Tangible fixed assets -€326,536
down €326,536 (-5.5%), from €5.9m to €5.6m
of which Leasing and similar rights: -€360,000
- Receivables within one year -€139,725
down €139,725 (-2.8%), from €5.0m to €4.9m
of which Other amounts receivable: -€215,241
Equity and liabilities
- Debts after one year -€345,642
down €345,642 (-8.3%), from €4.1m to €3.8m
of which Financial debts: -€345,642
- Reserves -€265,014
down €265,014 (-7.6%), from €3.5m to €3.2m
of which Tax-exempt reserves: -€265,014
Income statement
- Gross operating margin +€102,660
up €102,660 (+20.8%), from €494,165 to €596,825
- Other operating charges +€87,078
up €87,078 (+59.1%), from €147,414 to €234,492
- Taxes +€16,606
up €16,606, from -€117 to €16,489
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
-€47,585
Gross operating margin
+€102,660
Depreciation
-€2,100
Other operating charges
-€87,078
Other operating items
+€84,896
Financial income
-€1,308
Financial charges
-€4,250
Taxes
-€16,606
Result 2025
€28,630
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.
From operations
+€642,889
Investment
-€42,525
Financing
-€626,485
Cash 2024
€195,212
From operations (derived)
+€642,889
Net result for the year
+€28,630
Depreciation
+€369,061
Receivables within one year
+€139,725
Deferred charges and accrued income
-€882
Provisions
-€88,338
Trade debts
+€109,178
Tax, wage and social debts
+€8,886
Other debts
+€76,629
Investment (derived)
-€42,525
Investment in fixed assets (net)
-€42,525
Financing
-€626,485
Debts after one year
-€345,642
Current portion of long-term debt
+€4,158
Contributions, distributions and other
-€285,000
Cash 2025
€169,090
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,376,445 | €10,884,945 | -€491,499 | -4.3% |
| Fixed assets | 21/28 | €5,918,677 | €5,592,142 | -€326,536 | -5.5% |
| Tangible fixed assets | 22/27 | €5,918,677 | €5,592,142 | -€326,536 | -5.5% |
| Land and buildings | 22 | €1,545,750 | €1,579,215 | +€33,464 | +2.2% |
| Leasing and similar rights | 25 | €4,372,927 | €4,012,927 | -€360,000 | -8.2% |
| Current assets | 29/58 | €5,457,767 | €5,292,803 | -€164,964 | -3.0% |
| Amounts receivable after more than one year | 29 | €250,000 | €250,000 | = | 0.0% |
| Other amounts receivable | 291 | €250,000 | €250,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €5,002,736 | €4,863,011 | -€139,725 | -2.8% |
| Trade receivables | 40 | €70,269 | €145,786 | +€75,516 | +107.5% |
| Other amounts receivable | 41 | €4,932,467 | €4,717,225 | -€215,241 | -4.4% |
| Cash at bank and in hand | 54/58 | €195,212 | €169,090 | -€26,121 | -13.4% |
| Deferred charges and accrued income | 490/1 | €9,819 | €10,702 | +€882 | +9.0% |
| Total equity and liabilities | 10/49 | €11,376,445 | €10,884,945 | -€491,499 | -4.3% |
| Equity | 10/15 | €4,977,243 | €4,720,873 | -€256,370 | -5.2% |
| Contributions | 10/11 | €124,500 | €124,500 | = | 0.0% |
| Capital | 10 | €124,500 | €124,500 | = | 0.0% |
| Issued capital | 100 | €124,500 | €124,500 | = | 0.0% |
| Revaluation surpluses | 12 | €1,412,646 | €1,412,646 | = | 0.0% |
| Reserves | 13 | €3,467,625 | €3,202,611 | -€265,014 | -7.6% |
| Non-distributable reserves | 130/1 | €12,450 | €12,450 | = | 0.0% |
| Legal reserve | 130 | €12,450 | €12,450 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,258,360 | €2,993,345 | -€265,014 | -8.1% |
| Distributable reserves | 133 | €196,815 | €196,815 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,528 | -€18,884 | +€8,644 | +31.4% |
| Provisions and deferred taxes | 16 | €1,086,120 | €997,782 | -€88,338 | -8.1% |
| Deferred taxes | 168 | €1,086,120 | €997,782 | -€88,338 | -8.1% |
| Amounts payable | 17/49 | €5,313,082 | €5,166,291 | -€146,791 | -2.8% |
| Amounts payable after more than one year | 17 | €4,149,008 | €3,803,365 | -€345,642 | -8.3% |
| Financial debts | 170/4 | €4,140,466 | €3,794,824 | -€345,642 | -8.3% |
| Other amounts payable | 178/9 | €8,542 | €8,542 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,164,074 | €1,362,925 | +€198,851 | +17.1% |
| Current portion of amounts payable after more than one year | 42 | €341,485 | €345,642 | +€4,158 | +1.2% |
| Trade debts | 44 | €189,914 | €299,092 | +€109,178 | +57.5% |
| Suppliers | 440/4 | €189,914 | €299,092 | +€109,178 | +57.5% |
| Taxes, remuneration and social security | 45 | - | €8,886 | +€8,886 | |
| Taxes | 450/3 | - | €8,886 | +€8,886 | |
| Other amounts payable | 47/48 | €632,676 | €709,305 | +€76,629 | +12.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €366,961 | €369,061 | +€2,100 | +0.6% |
| Other operating charges | 640/8 | €147,414 | €234,492 | +€87,078 | +59.1% |
| Non-recurring operating charges | 66A | €84,896 | - | -€84,896 | |
| Gross operating margin | 9900 | €494,165 | €596,825 | +€102,660 | +20.8% |
| Operating profit (loss) | 9901 | -€105,106 | -€6,728 | +€98,378 | +93.6% |
| Financial income | 75/76B | €32,492 | €31,185 | -€1,308 | -4.0% |
| Recurring financial income | 75 | €32,492 | €31,185 | -€1,308 | -4.0% |
| Financial charges | 65/66B | €63,425 | €67,676 | +€4,250 | +6.7% |
| Recurring financial charges | 65 | €63,425 | €67,676 | +€4,250 | +6.7% |
| Profit (loss) for the period before taxes | 9903 | -€136,040 | -€43,219 | +€92,820 | +68.2% |
| Transfer from deferred taxes | 780 | €88,338 | €88,338 | = | 0.0% |
| Income taxes | 67/77 | -€117 | €16,489 | +€16,606 | |
| Profit (loss) for the period | 9904 | -€47,585 | €28,630 | +€76,214 | |
| Transfer from tax-exempt reserves | 789 | €265,014 | €265,014 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €217,430 | €293,644 | +€76,214 | +35.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.