Flambée: 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.
Flambée
Largest movements
- Tangible fixed assets +€48,932
up €48,932 (+4.4%), from €1.1m to €1.2m
of which Land and buildings: +€51,462
- Receivables within one year -€41,031
down €41,031 (-87.3%), from €46,993 to €5,962
of which Trade receivables: -€41,110
- Cash -€26,925
down €26,925 (-46.2%), from €58,334 to €31,408
mainly Investment in fixed assets (net) (-€111,099) and Other debts (-€22,037)
- Profit (loss) carried forward +€22,483
up €22,483 (+21.3%), from -€105,720 to -€83,237
- Other debts -€22,037
down €22,037 (-17.3%), from €127,479 to €105,442
- Trade debts -€19,041
down €19,041 (-91.1%), from €20,891 to €1,850
- Current portion of long-term debt +€17,197
up €17,197 (+37.8%), from €45,546 to €62,744
- Gross operating margin +€171,756
up €171,756 (+135%), from €126,941 to €298,697
- Staff costs +€102,335
up €102,335 (+169%), from €60,546 to €162,882
- Depreciation -€83,136
down €83,136 (-57.9%), from €143,703 to €60,567
- Financial charges +€25,446
up €25,446 (+98.7%), from €25,781 to €51,227
- Financial income +€5,174
up €5,174 (+5,020%), from €103 to €5,277
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 | €1,237,519 | €1,224,914 | -€12,606 | -1.0% |
| Fixed assets | 21/28 | €1,111,860 | €1,162,391 | +€50,532 | +4.5% |
| Intangible fixed assets | 21 | €4,393 | €5,992 | +€1,600 | +36.4% |
| Tangible fixed assets | 22/27 | €1,107,467 | €1,156,399 | +€48,932 | +4.4% |
| Land and buildings | 22 | €1,096,197 | €1,147,659 | +€51,462 | +4.7% |
| Plant, machinery and equipment | 23 | €9,029 | €6,998 | -€2,031 | -22.5% |
| Furniture and vehicles | 24 | €2,241 | €1,743 | -€498 | -22.2% |
| Current assets | 29/58 | €125,660 | €62,522 | -€63,137 | -50.2% |
| Stocks and contracts in progress | 3 | €17,783 | €21,834 | +€4,051 | +22.8% |
| Stocks | 30/36 | €17,783 | €21,834 | +€4,051 | +22.8% |
| Amounts receivable within one year | 40/41 | €46,993 | €5,962 | -€41,031 | -87.3% |
| Trade receivables | 40 | €46,744 | €5,635 | -€41,110 | -87.9% |
| Other amounts receivable | 41 | €249 | €327 | +€78 | +31.5% |
| Cash at bank and in hand | 54/58 | €58,334 | €31,408 | -€26,925 | -46.2% |
| Deferred charges and accrued income | 490/1 | €2,550 | €3,318 | +€768 | +30.1% |
| Total equity and liabilities | 10/49 | €1,237,519 | €1,224,914 | -€12,606 | -1.0% |
| Equity | 10/15 | -€5,720 | €16,763 | +€22,483 | |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€105,720 | -€83,237 | +€22,483 | +21.3% |
| Amounts payable | 17/49 | €1,243,239 | €1,208,151 | -€35,088 | -2.8% |
| Amounts payable after more than one year | 17 | €997,064 | €992,127 | -€4,937 | -0.5% |
| Financial debts | 170/4 | €897,064 | €900,610 | +€3,546 | +0.4% |
| Other amounts payable | 178/9 | €100,000 | €91,517 | -€8,483 | -8.5% |
| Amounts payable within one year | 42/48 | €242,991 | €210,370 | -€32,620 | -13.4% |
| Current portion of amounts payable after more than one year | 42 | €45,546 | €62,744 | +€17,197 | +37.8% |
| Trade debts | 44 | €20,891 | €1,850 | -€19,041 | -91.1% |
| Suppliers | 440/4 | €20,891 | €1,850 | -€19,041 | -91.1% |
| Taxes, remuneration and social security | 45 | €49,076 | €40,335 | -€8,741 | -17.8% |
| Taxes | 450/3 | €27,982 | €12,966 | -€15,016 | -53.7% |
| Remuneration and social security | 454/9 | €21,094 | €27,369 | +€6,275 | +29.7% |
| Other amounts payable | 47/48 | €127,479 | €105,442 | -€22,037 | -17.3% |
| Accrued charges and deferred income | 492/3 | €3,185 | €5,653 | +€2,469 | +77.5% |
| Remuneration, social security and pensions | 62 | €60,546 | €162,882 | +€102,335 | +169% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €143,703 | €60,567 | -€83,136 | -57.9% |
| Other operating charges | 640/8 | €2,733 | €6,816 | +€4,082 | +149% |
| Gross operating margin | 9900 | €126,941 | €298,697 | +€171,756 | +135% |
| Operating profit (loss) | 9901 | -€80,043 | €68,432 | +€148,475 | |
| Financial income | 75/76B | €103 | €5,277 | +€5,174 | +5,020% |
| Recurring financial income | 75 | €103 | €5,277 | +€5,174 | +5,020% |
| Financial charges | 65/66B | €25,781 | €51,227 | +€25,446 | +98.7% |
| Recurring financial charges | 65 | €25,781 | €51,227 | +€25,446 | +98.7% |
| Profit (loss) for the period before taxes | 9903 | -€105,720 | €22,483 | +€128,203 | |
| Profit (loss) for the period | 9904 | -€105,720 | €22,483 | +€128,203 | |
| Profit (loss) for the period to be appropriated | 9905 | -€105,720 | €22,483 | +€128,203 |
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 25 October 2026 via checked.be.