FLAMAWAY GROUP: 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
FLAMAWAY GROUP
NACE 64.210, Activities of holding companies
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€273,363
2024 · €277,979-€4,616
Equity
€11.8m
2024 · €11.5m+€273,363
Cash
€329,116
2024 · €285,442+€43,674
Balance sheet total
€16.3m
2024 · €16.2m+€107,131
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Reserves +€273,363
up €273,363 (+12.4%), from €2.2m to €2.5m
of which Distributable reserves: +€259,695
- Debts after one year -€180,093
down €180,093 (-4.2%), from €4.3m to €4.1m
of which Financial debts: -€329,970
Income statement
No income-statement line moved by more than 1% of the activity.
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
€277,979
Other operating charges
+€324
Other operating items
+€7,306
Financial income
-€20,179
Financial charges
+€7,933
Result 2025
€273,363
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
+€215,853
Investment
€0
Financing
-€172,180
Cash 2024
€285,442
From operations (derived)
+€215,853
Net result for the year
+€273,363
Receivables within one year
-€63,457
Trade debts
+€7,300
Tax, wage and social debts
-€1,148
Other debts
-€204
Financing
-€172,180
Debts after one year
-€180,093
Current portion of long-term debt
+€7,913
Cash 2025
€329,116
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,150,521 | €16,257,652 | +€107,131 | +0.7% |
| Fixed assets | 21/28 | €13,762,878 | €13,762,878 | = | 0.0% |
| Financial fixed assets | 28 | €13,762,878 | €13,762,878 | = | 0.0% |
| Affiliated companies | 280/1 | €13,762,878 | €13,762,878 | = | 0.0% |
| Participating interests | 280 | €13,762,878 | €13,762,878 | = | 0.0% |
| Current assets | 29/58 | €2,387,643 | €2,494,774 | +€107,131 | +4.5% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €593,017 | €656,474 | +€63,457 | +10.7% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €593,017 | €656,474 | +€63,457 | +10.7% |
| Current investments | 50/53 | €1,509,184 | €1,509,184 | = | 0.0% |
| Own shares | 50 | €1,509,184 | €1,509,184 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €285,442 | €329,116 | +€43,674 | +15.3% |
| Total equity and liabilities | 10/49 | €16,150,521 | €16,257,652 | +€107,131 | +0.7% |
| Equity | 10/15 | €11,488,377 | €11,761,740 | +€273,363 | +2.4% |
| Contributions | 10/11 | €9,282,000 | €9,282,000 | = | 0.0% |
| Capital | 10 | €9,282,000 | €9,282,000 | = | 0.0% |
| Issued capital | 100 | €9,282,000 | €9,282,000 | = | 0.0% |
| Reserves | 13 | €2,206,377 | €2,479,740 | +€273,363 | +12.4% |
| Non-distributable reserves | 130/1 | €1,622,219 | €1,635,888 | +€13,668 | +0.8% |
| Legal reserve | 130 | €113,035 | €126,704 | +€13,668 | +12.1% |
| Own shares acquired | 1312 | €1,509,184 | €1,509,184 | = | 0.0% |
| Distributable reserves | 133 | €584,158 | €843,853 | +€259,695 | +44.5% |
| Amounts payable | 17/49 | €4,662,144 | €4,495,912 | -€166,232 | -3.6% |
| Amounts payable after more than one year | 17 | €4,298,625 | €4,118,532 | -€180,093 | -4.2% |
| Financial debts | 170/4 | €1,758,771 | €1,428,801 | -€329,970 | -18.8% |
| Credit institutions | 173 | €1,758,771 | €1,428,801 | -€329,970 | -18.8% |
| Other amounts payable | 178/9 | €2,539,854 | €2,689,731 | +€149,876 | +5.9% |
| Amounts payable within one year | 42/48 | €363,519 | €377,380 | +€13,861 | +3.8% |
| Current portion of amounts payable after more than one year | 42 | €322,056 | €329,970 | +€7,913 | +2.5% |
| Trade debts | 44 | €141 | €7,440 | +€7,300 | +5195.6% |
| Suppliers | 440/4 | €141 | €7,440 | +€7,300 | +5195.6% |
| Taxes, remuneration and social security | 45 | €1,148 | €0 | -€1,148 | -100.0% |
| Taxes | 450/3 | €1,148 | €0 | -€1,148 | -100.0% |
| Other amounts payable | 47/48 | €40,175 | €39,970 | -€204 | -0.5% |
| Operating charges | 60/66A | €26,209 | €18,579 | -€7,630 | -29.1% |
| Services and other goods | 61 | €25,682 | €18,376 | -€7,306 | -28.4% |
| Other operating charges | 640/8 | €528 | €203 | -€324 | -61.4% |
| Operating profit (loss) | 9901 | -€26,209 | -€18,579 | +€7,630 | +29.1% |
| Financial income | 75/76B | €446,088 | €425,908 | -€20,179 | -4.5% |
| Recurring financial income | 75 | €446,088 | €425,908 | -€20,179 | -4.5% |
| Income from financial fixed assets | 750 | €442,375 | €399,160 | -€43,215 | -9.8% |
| Income from current assets | 751 | €3,713 | €13,839 | +€10,127 | +272.8% |
| Other financial income | 752/9 | - | €12,909 | +€12,909 | |
| Financial charges | 65/66B | €141,900 | €133,966 | -€7,933 | -5.6% |
| Recurring financial charges | 65 | €141,900 | €133,966 | -€7,933 | -5.6% |
| Debt charges | 650 | €119,344 | €132,651 | +€13,307 | +11.2% |
| Other financial charges | 652/9 | €22,556 | €1,315 | -€21,241 | -94.2% |
| Profit (loss) for the period before taxes | 9903 | €277,979 | €273,363 | -€4,616 | -1.7% |
| Profit (loss) for the period | 9904 | €277,979 | €273,363 | -€4,616 | -1.7% |
| Profit (loss) for the period to be appropriated | 9905 | €277,979 | €273,363 | -€4,616 | -1.7% |
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 10 October 2026 via checked.be.