FLAME FLAVOUR: 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.
FLAME FLAVOUR
Largest movements
- Tangible fixed assets -€24,044
down €24,044 (-5.5%), from €436,339 to €412,296
of which Plant, machinery and equipment: -€13,498
- Receivables within one year +€18,312
up €18,312 (+317.0%), from €5,777 to €24,090
of which Trade receivables: +€19,994
- Cash -€7,834
down €7,834 (-28.5%), from €27,457 to €19,623
mainly Debts after one year (-€26,571) and Receivables within one year (-€18,312)
- Debts after one year -€26,571
down €26,571 (-7.0%), from €378,885 to €352,314
of which Financial debts: -€26,305
- Trade debts +€12,200
up €12,200 (+133.7%), from €9,124 to €21,324
- Current portion of long-term debt -€5,640
down €5,640 (-17.7%), from €31,945 to €26,305
- Gross operating margin -€17,002
down €17,002 (-13.9%), from €122,109 to €105,107
- Depreciation -€7,185
down €7,185 (-19.5%), from €36,935 to €29,751
- Staff costs +€6,276
up €6,276 (+12.9%), from €48,752 to €55,028
- Other operating charges +€1,227
up €1,227 (+31.4%), from €3,904 to €5,131
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 | €482,216 | €467,112 | -€15,104 | -3.1% |
| Fixed assets | 21/28 | €437,344 | €413,300 | -€24,044 | -5.5% |
| Tangible fixed assets | 22/27 | €436,339 | €412,296 | -€24,044 | -5.5% |
| Land and buildings | 22 | €411,078 | €403,523 | -€7,554 | -1.8% |
| Plant, machinery and equipment | 23 | €16,296 | €2,798 | -€13,498 | -82.8% |
| Furniture and vehicles | 24 | €8,966 | €5,975 | -€2,991 | -33.4% |
| Financial fixed assets | 28 | €1,004 | €1,004 | = | 0.0% |
| Current assets | 29/58 | €44,873 | €53,812 | +€8,939 | +19.9% |
| Stocks and contracts in progress | 3 | €9,993 | €9,809 | -€184 | -1.8% |
| Stocks | 30/36 | €9,993 | €9,809 | -€184 | -1.8% |
| Amounts receivable within one year | 40/41 | €5,777 | €24,090 | +€18,312 | +317.0% |
| Trade receivables | 40 | €3,591 | €23,585 | +€19,994 | +556.8% |
| Other amounts receivable | 41 | €2,186 | €505 | -€1,681 | -76.9% |
| Cash at bank and in hand | 54/58 | €27,457 | €19,623 | -€7,834 | -28.5% |
| Deferred charges and accrued income | 490/1 | €1,646 | €291 | -€1,355 | -82.3% |
| Total equity and liabilities | 10/49 | €482,216 | €467,112 | -€15,104 | -3.1% |
| Equity | 10/15 | €45,590 | €49,706 | +€4,116 | +9.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €39,390 | €43,506 | +€4,116 | +10.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €37,530 | €41,646 | +€4,116 | +11.0% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €436,626 | €417,406 | -€19,221 | -4.4% |
| Amounts payable after more than one year | 17 | €378,885 | €352,314 | -€26,571 | -7.0% |
| Financial debts | 170/4 | €366,622 | €340,318 | -€26,305 | -7.2% |
| Other amounts payable | 178/9 | €12,263 | €11,997 | -€266 | -2.2% |
| Amounts payable within one year | 42/48 | €55,179 | €62,529 | +€7,351 | +13.3% |
| Current portion of amounts payable after more than one year | 42 | €31,945 | €26,305 | -€5,640 | -17.7% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €9,124 | €21,324 | +€12,200 | +133.7% |
| Suppliers | 440/4 | €9,124 | €21,324 | +€12,200 | +133.7% |
| Taxes, remuneration and social security | 45 | €14,110 | €14,900 | +€790 | +5.6% |
| Taxes | 450/3 | €6,624 | €4,794 | -€1,830 | -27.6% |
| Remuneration and social security | 454/9 | €7,486 | €10,106 | +€2,620 | +35.0% |
| Accrued charges and deferred income | 492/3 | €2,562 | €2,562 | = | 0.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €48,752 | €55,028 | +€6,276 | +12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,935 | €29,751 | -€7,185 | -19.5% |
| Other operating charges | 640/8 | €3,904 | €5,131 | +€1,227 | +31.4% |
| Gross operating margin | 9900 | €122,109 | €105,107 | -€17,002 | -13.9% |
| Operating profit (loss) | 9901 | €32,518 | €15,198 | -€17,320 | -53.3% |
| Financial income | 75/76B | €285 | €23 | -€261 | -91.8% |
| Recurring financial income | 75 | €285 | €23 | -€261 | -91.8% |
| Financial charges | 65/66B | €10,996 | €10,562 | -€434 | -3.9% |
| Recurring financial charges | 65 | €10,996 | €10,562 | -€434 | -3.9% |
| Profit (loss) for the period before taxes | 9903 | €21,807 | €4,660 | -€17,147 | -78.6% |
| Income taxes | 67/77 | €1,294 | €544 | -€750 | -58.0% |
| Profit (loss) for the period | 9904 | €20,513 | €4,116 | -€16,397 | -79.9% |
| Profit (loss) for the period to be appropriated | 9905 | €20,513 | €4,116 | -€16,397 | -79.9% |
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 8 October 2026 via checked.be.