FLAGRANT: 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.
FLAGRANT
Largest movements
- Cash +€10,300
up €10,300 (+72.1%), from €14,281 to €24,581
mainly Net result for the year (+€22,989) and Trade debts (+€3,488)
- Tangible fixed assets +€6,034
up €6,034 (+620.9%), from €972 to €7,006
- Stocks and contracts +€4,891
up €4,891 (+107.2%), from €4,560 to €9,451
- Receivables within one year +€1,389
up €1,389 (+5.7%), from €24,577 to €25,966
- Reserves +€22,989
up €22,989 (+96.1%), from €23,932 to €46,921
- Trade debts +€3,488
new in 2025: €3,488
- Accrued charges and deferred income -€2,896
no longer reported in 2025 (was €2,896)
- Tax, wage and social debts -€834
down €834 (-7.2%), from €11,562 to €10,727
- Gross operating margin +€21,466
up €21,466 (+120.6%), from €17,798 to €39,265
- Taxes +€7,157
up €7,157 (+168.4%), from €4,249 to €11,407
- Other operating charges +€741
up €741 (+22.9%), from €3,230 to €3,972
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 | €44,390 | €67,136 | +€22,746 | +51.2% |
| Fixed assets | 21/28 | €972 | €7,006 | +€6,034 | +620.9% |
| Tangible fixed assets | 22/27 | €972 | €7,006 | +€6,034 | +620.9% |
| Plant, machinery and equipment | 23 | €972 | €7,006 | +€6,034 | +620.9% |
| Current assets | 29/58 | €43,418 | €60,130 | +€16,712 | +38.5% |
| Stocks and contracts in progress | 3 | €4,560 | €9,451 | +€4,891 | +107.2% |
| Stocks | 30/36 | €4,560 | €9,451 | +€4,891 | +107.2% |
| Amounts receivable within one year | 40/41 | €24,577 | €25,966 | +€1,389 | +5.7% |
| Other amounts receivable | 41 | €24,577 | €25,966 | +€1,389 | +5.7% |
| Cash at bank and in hand | 54/58 | €14,281 | €24,581 | +€10,300 | +72.1% |
| Deferred charges and accrued income | 490/1 | - | €132 | +€132 | |
| Total equity and liabilities | 10/49 | €44,390 | €67,136 | +€22,746 | +51.2% |
| Equity | 10/15 | €29,932 | €52,921 | +€22,989 | +76.8% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €23,932 | €46,921 | +€22,989 | +96.1% |
| Distributable reserves | 133 | €23,932 | €46,921 | +€22,989 | +96.1% |
| Amounts payable | 17/49 | €14,458 | €14,215 | -€242 | -1.7% |
| Amounts payable within one year | 42/48 | €11,562 | €14,215 | +€2,654 | +23.0% |
| Trade debts | 44 | - | €3,488 | +€3,488 | |
| Suppliers | 440/4 | - | €3,488 | +€3,488 | |
| Taxes, remuneration and social security | 45 | €11,562 | €10,727 | -€834 | -7.2% |
| Taxes | 450/3 | €11,562 | €10,727 | -€834 | -7.2% |
| Accrued charges and deferred income | 492/3 | €2,896 | - | -€2,896 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €245 | €422 | +€177 | +72.5% |
| Other operating charges | 640/8 | €3,230 | €3,972 | +€741 | +22.9% |
| Gross operating margin | 9900 | €17,798 | €39,265 | +€21,466 | +120.6% |
| Operating profit (loss) | 9901 | €14,323 | €34,871 | +€20,548 | +143.5% |
| Financial income | 75/76B | €1,529 | €1,381 | -€148 | -9.7% |
| Recurring financial income | 75 | €1,529 | €1,381 | -€148 | -9.7% |
| Financial charges | 65/66B | €1,929 | €1,857 | -€73 | -3.8% |
| Recurring financial charges | 65 | €1,929 | €1,857 | -€73 | -3.8% |
| Profit (loss) for the period before taxes | 9903 | €13,923 | €34,395 | +€20,473 | +147.0% |
| Income taxes | 67/77 | €4,249 | €11,407 | +€7,157 | +168.4% |
| Profit (loss) for the period | 9904 | €9,674 | €22,989 | +€13,315 | +137.6% |
| Profit (loss) for the period to be appropriated | 9905 | €9,674 | €22,989 | +€13,315 | +137.6% |
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 7 October 2026 via checked.be.