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Flambo: 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.

What changed

Flambo

BE 0738.677.863
NACE 64.210, Activities of holding companies
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€76,791
2024 · €79,039-€2,248
Equity
€155,030
2024 · €145,739+€9,291
Cash
€286,320
2024 · €277,136+€9,184
Balance sheet total
€341,593
2024 · €318,205+€23,388

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets +€17,920

    up €17,920 (+113.9%), from €15,739 to €33,659

    of which Furniture and vehicles: +€19,546

  • Cash +€9,184

    up €9,184 (+3.3%), from €277,136 to €286,320

    mainly Net result for the year (+€76,791) and Other debts (+€25,882)

  • Receivables within one year -€3,716

    down €3,716 (-14.7%), from €25,330 to €21,614

    of which Trade receivables: -€5,115

Equity and liabilities
  • Other debts +€25,882

    up €25,882 (+20.1%), from €129,086 to €154,968

  • Tax, wage and social debts -€11,921

    down €11,921 (-27.6%), from €43,218 to €31,296

  • Profit (loss) carried forward +€9,291

    up €9,291 (+6.6%), from €140,739 to €150,030

Income statement
  • Depreciation +€2,276

    up €2,276 (+70.4%), from €3,235 to €5,512

  • Financial charges +€1,803

    up €1,803 (+36.7%), from €4,913 to €6,716

  • Gross operating margin +€1,353

    up €1,353 (+1.2%), from €109,472 to €110,824

From the 2024 result to the 2025 result

effect on the 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 €79,039
Gross operating margin +€1,353
Depreciation -€2,276
Other operating charges -€252
Financial income -€0
Financial charges -€1,803
Taxes +€731
Result 2025 €76,791

Cash bridge derived

cash 2024 to 2025

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 +€100,116
Investment -€23,432
Financing -€67,500
Cash 2024 €277,136
Net result for the year +€76,791
Depreciation +€5,512
Receivables within one year +€3,716
Trade debts +€137
Tax, wage and social debts -€11,921
Other debts +€25,882
Investment in fixed assets (net) -€23,432
Contributions, distributions and other -€67,500
Cash 2025 €286,320
Every line side by side 33 lines
Line Code 2024 2025 Change %
Total assets 20/58 €318,205 €341,593 +€23,388 +7.3%
Fixed assets 21/28 €15,739 €33,659 +€17,920 +113.9%
Tangible fixed assets 22/27 €15,739 €33,659 +€17,920 +113.9%
Furniture and vehicles 24 €2,245 €21,792 +€19,546 +870.5%
Other tangible fixed assets 26 €13,494 €11,867 -€1,626 -12.1%
Current assets 29/58 €302,465 €307,934 +€5,468 +1.8%
Amounts receivable within one year 40/41 €25,330 €21,614 -€3,716 -14.7%
Trade receivables 40 €25,330 €20,215 -€5,115 -20.2%
Other amounts receivable 41 - €1,399 +€1,399
Cash at bank and in hand 54/58 €277,136 €286,320 +€9,184 +3.3%
Total equity and liabilities 10/49 €318,205 €341,593 +€23,388 +7.3%
Equity 10/15 €145,739 €155,030 +€9,291 +6.4%
Contributions 10/11 €5,000 €5,000 = 0.0%
Profit (loss) carried forward 14 €140,739 €150,030 +€9,291 +6.6%
Amounts payable 17/49 €172,466 €186,563 +€14,097 +8.2%
Amounts payable within one year 42/48 €172,466 €186,563 +€14,097 +8.2%
Trade debts 44 €162 €298 +€137 +84.3%
Suppliers 440/4 €162 €298 +€137 +84.3%
Taxes, remuneration and social security 45 €43,218 €31,296 -€11,921 -27.6%
Taxes 450/3 €43,218 €31,296 -€11,921 -27.6%
Other amounts payable 47/48 €129,086 €154,968 +€25,882 +20.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €3,235 €5,512 +€2,276 +70.4%
Other operating charges 640/8 €953 €1,205 +€252 +26.4%
Gross operating margin 9900 €109,472 €110,824 +€1,353 +1.2%
Operating profit (loss) 9901 €105,284 €104,108 -€1,176 -1.1%
Financial income 75/76B €0 €0 -€0 -42.9%
Recurring financial income 75 €0 €0 -€0 -42.9%
Financial charges 65/66B €4,913 €6,716 +€1,803 +36.7%
Recurring financial charges 65 €4,913 €6,716 +€1,803 +36.7%
Profit (loss) for the period before taxes 9903 €100,371 €97,392 -€2,979 -3.0%
Income taxes 67/77 €21,332 €20,601 -€731 -3.4%
Profit (loss) for the period 9904 €79,039 €76,791 -€2,248 -2.8%
Profit (loss) for the period to be appropriated 9905 €79,039 €76,791 -€2,248 -2.8%

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 30 September 2026 via checked.be.