Flair: 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.
Flair
Largest movements
- Cash +€10,040
up €10,040 (+45.0%), from €22,289 to €32,329
mainly Net result for the year (+€9,134) and Depreciation (+€6,997)
- Tangible fixed assets -€5,702
down €5,702 (-14.0%), from €40,711 to €35,008
of which Land and buildings: -€6,906
- Receivables within one year -€2,723
down €2,723 (-37.4%), from €7,285 to €4,562
of which Trade receivables: -€2,872
- Stocks and contracts -€2,357
down €2,357 (-10.8%), from €21,789 to €19,432
- Debts after one year -€8,777
down €8,777 (-21.5%), from €40,856 to €32,079
- Reserves +€8,417
up €8,417 (+24.8%), from €33,884 to €42,301
- Trade debts -€2,716
down €2,716 (-65.3%), from €4,157 to €1,441
- Tax, wage and social debts +€1,378
up €1,378 (+156%), from €881 to €2,259
- Gross operating margin +€10,452
up €10,452 (+74.3%), from €14,075 to €24,528
- Taxes +€3,299
up €3,299 (+445%), from €741 to €4,040
- Depreciation -€2,021
down €2,021 (-22.4%), from €9,018 to €6,997
- Financial charges -€579
down €579 (-17.4%), from €3,321 to €2,741
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.
Derived cash bridge
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 | €93,571 | €93,058 | -€513 | -0.5% |
| Fixed assets | 21/28 | €40,711 | €35,008 | -€5,702 | -14.0% |
| Tangible fixed assets | 22/27 | €40,711 | €35,008 | -€5,702 | -14.0% |
| Land and buildings | 22 | €40,711 | €33,805 | -€6,906 | -17.0% |
| Plant, machinery and equipment | 23 | - | €1,204 | +€1,204 | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €52,860 | €58,049 | +€5,189 | +9.8% |
| Stocks and contracts in progress | 3 | €21,789 | €19,432 | -€2,357 | -10.8% |
| Stocks | 30/36 | €21,789 | €19,432 | -€2,357 | -10.8% |
| Amounts receivable within one year | 40/41 | €7,285 | €4,562 | -€2,723 | -37.4% |
| Trade receivables | 40 | €4,056 | €1,184 | -€2,872 | -70.8% |
| Other amounts receivable | 41 | €3,229 | €3,378 | +€149 | +4.6% |
| Cash at bank and in hand | 54/58 | €22,289 | €32,329 | +€10,040 | +45.0% |
| Deferred charges and accrued income | 490/1 | €1,497 | €1,726 | +€229 | +15.3% |
| Total equity and liabilities | 10/49 | €93,571 | €93,058 | -€513 | -0.5% |
| Equity | 10/15 | €39,367 | €48,501 | +€9,134 | +23.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €33,884 | €42,301 | +€8,417 | +24.8% |
| Distributable reserves | 133 | €33,884 | €42,301 | +€8,417 | +24.8% |
| Profit (loss) carried forward | 14 | -€717 | €0 | +€717 | |
| Amounts payable | 17/49 | €54,204 | €44,556 | -€9,648 | -17.8% |
| Amounts payable after more than one year | 17 | €40,856 | €32,079 | -€8,777 | -21.5% |
| Financial debts | 170/4 | €40,856 | €32,079 | -€8,777 | -21.5% |
| Amounts payable within one year | 42/48 | €13,347 | €12,477 | -€871 | -6.5% |
| Current portion of amounts payable after more than one year | 42 | €8,310 | €8,777 | +€467 | +5.6% |
| Trade debts | 44 | €4,157 | €1,441 | -€2,716 | -65.3% |
| Suppliers | 440/4 | €4,157 | €1,441 | -€2,716 | -65.3% |
| Taxes, remuneration and social security | 45 | €881 | €2,259 | +€1,378 | +156% |
| Taxes | 450/3 | €881 | €2,259 | +€1,378 | +156% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,018 | €6,997 | -€2,021 | -22.4% |
| Other operating charges | 640/8 | €1,722 | €1,686 | -€36 | -2.1% |
| Gross operating margin | 9900 | €14,075 | €24,528 | +€10,452 | +74.3% |
| Operating profit (loss) | 9901 | €3,335 | €15,844 | +€12,509 | +375% |
| Financial income | 75/76B | €9 | €71 | +€62 | +675% |
| Recurring financial income | 75 | €9 | €71 | +€62 | +675% |
| Financial charges | 65/66B | €3,321 | €2,741 | -€579 | -17.4% |
| Recurring financial charges | 65 | €3,321 | €2,741 | -€579 | -17.4% |
| Profit (loss) for the period before taxes | 9903 | €23 | €13,174 | +€13,151 | +56,271% |
| Income taxes | 67/77 | €741 | €4,040 | +€3,299 | +445% |
| Profit (loss) for the period | 9904 | -€717 | €9,134 | +€9,852 | |
| Profit (loss) for the period to be appropriated | 9905 | -€717 | €9,134 | +€9,852 |
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 27 October 2026 via checked.be.