Flame Lab: 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.
Flame Lab
Largest movements
- Receivables within one year -€28,345
down €28,345 (-65.7%), from €43,140 to €14,795
of which Trade receivables: -€26,069
- Cash -€16,378
down €16,378 (-41.7%), from €39,302 to €22,923
mainly Net result for the year (-€26,064) and Trade debts (-€14,561)
- Tangible fixed assets +€1,351
up €1,351 (+13.8%), from €9,787 to €11,138
- Reserves -€18,149
down €18,149 (-100.0%), from €18,149 to €0
- Trade debts -€14,561
down €14,561 (-53.4%), from €27,284 to €12,723
- Profit (loss) carried forward -€7,915
new in 2025: -€7,915
- Debts after one year -€6,420
down €6,420 (-20.9%), from €30,750 to €24,330
- Tax, wage and social debts +€2,926
up €2,926 (+48.6%), from €6,024 to €8,950
of which Remuneration and social security: +€6,282
- Staff costs +€26,453
new in 2025: €26,453
- Gross operating margin -€20,810
down €20,810 (-73.3%), from €28,386 to €7,577
- Taxes -€6,024
down €6,024 (-100.0%), from €6,024 to €0
- Depreciation +€2,393
up €2,393 (+78.1%), from €3,063 to €5,456
- Financial charges +€448
up €448 (+58.7%), from €764 to €1,213
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 | €92,507 | €49,243 | -€43,264 | -46.8% |
| Fixed assets | 21/28 | €9,787 | €11,138 | +€1,351 | +13.8% |
| Tangible fixed assets | 22/27 | €9,787 | €11,138 | +€1,351 | +13.8% |
| Furniture and vehicles | 24 | €9,787 | €11,138 | +€1,351 | +13.8% |
| Current assets | 29/58 | €82,719 | €38,105 | -€44,614 | -53.9% |
| Amounts receivable within one year | 40/41 | €43,140 | €14,795 | -€28,345 | -65.7% |
| Trade receivables | 40 | €40,865 | €14,795 | -€26,069 | -63.8% |
| Other amounts receivable | 41 | €2,275 | €0 | -€2,275 | -100.0% |
| Cash at bank and in hand | 54/58 | €39,302 | €22,923 | -€16,378 | -41.7% |
| Deferred charges and accrued income | 490/1 | €278 | €386 | +€109 | +39.1% |
| Total equity and liabilities | 10/49 | €92,507 | €49,243 | -€43,264 | -46.8% |
| Equity | 10/15 | €28,149 | €2,085 | -€26,064 | -92.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €18,149 | €0 | -€18,149 | -100.0% |
| Distributable reserves | 133 | €18,149 | €0 | -€18,149 | -100.0% |
| Profit (loss) carried forward | 14 | - | -€7,915 | -€7,915 | |
| Amounts payable | 17/49 | €64,358 | €47,158 | -€17,199 | -26.7% |
| Amounts payable after more than one year | 17 | €30,750 | €24,330 | -€6,420 | -20.9% |
| Financial debts | 170/4 | €30,750 | €24,330 | -€6,420 | -20.9% |
| Amounts payable within one year | 42/48 | €33,608 | €22,828 | -€10,779 | -32.1% |
| Financial debts | 43 | €300 | €1,156 | +€856 | +285.4% |
| Credit institutions | 430/8 | €300 | €1,156 | +€856 | +285.4% |
| Trade debts | 44 | €27,284 | €12,723 | -€14,561 | -53.4% |
| Suppliers | 440/4 | €27,284 | €12,723 | -€14,561 | -53.4% |
| Taxes, remuneration and social security | 45 | €6,024 | €8,950 | +€2,926 | +48.6% |
| Taxes | 450/3 | €6,024 | €2,669 | -€3,355 | -55.7% |
| Remuneration and social security | 454/9 | - | €6,282 | +€6,282 | |
| Remuneration, social security and pensions | 62 | - | €26,453 | +€26,453 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,063 | €5,456 | +€2,393 | +78.1% |
| Other operating charges | 640/8 | €387 | €520 | +€132 | +34.2% |
| Gross operating margin | 9900 | €28,386 | €7,577 | -€20,810 | -73.3% |
| Operating profit (loss) | 9901 | €24,936 | -€24,852 | -€49,788 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -100.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100.0% |
| Financial charges | 65/66B | €764 | €1,213 | +€448 | +58.7% |
| Recurring financial charges | 65 | €764 | €1,213 | +€448 | +58.7% |
| Profit (loss) for the period before taxes | 9903 | €24,173 | -€26,064 | -€50,237 | |
| Income taxes | 67/77 | €6,024 | €0 | -€6,024 | -100.0% |
| Profit (loss) for the period | 9904 | €18,149 | -€26,064 | -€44,213 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,149 | -€26,064 | -€44,213 |
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 12 October 2026 via checked.be.