FLAMEC: 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.
FLAMEC
Largest movements
- Receivables within one year +€640,934
up €640,934 (+34.0%), from €1.9m to €2.5m
of which Other amounts receivable: +€1.1m
- Cash -€535,253
down €535,253 (-51.3%), from €1.0m to €507,306
mainly Investment in fixed assets (net) (-€1.1m) and Receivables within one year (-€640,934)
- Tangible fixed assets +€283,175
up €283,175 (+3.3%), from €8.5m to €8.8m
of which Plant, machinery and equipment: +€430,466
- Profit (loss) carried forward +€516,797
up €516,797 (+30.4%), from €1.7m to €2.2m
- Debts after one year -€252,375
down €252,375 (-3.6%), from €7.0m to €6.7m
- Accrued charges and deferred income -€171,515
down €171,515 (-100.0%), from €171,592 to €77
- Tax, wage and social debts +€129,089
up €129,089 (+2599.0%), from €4,967 to €134,056
of which Taxes: +€119,945
- Depreciation -€518,201
down €518,201 (-39.6%), from €1.3m to €790,117
- Gross operating margin -€245,515
down €245,515 (-12.4%), from €2.0m to €1.7m
- Taxes +€120,056
up €120,056 (+116.3%), from €103,262 to €223,317
- Staff costs +€46,610
up €46,610 (+60.5%), from €77,090 to €123,700
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 | €11,432,402 | €11,820,754 | +€388,352 | +3.4% |
| Fixed assets | 21/28 | €8,494,359 | €8,777,445 | +€283,086 | +3.3% |
| Tangible fixed assets | 22/27 | €8,489,628 | €8,772,804 | +€283,175 | +3.3% |
| Land and buildings | 22 | €65,265 | €62,795 | -€2,470 | -3.8% |
| Plant, machinery and equipment | 23 | €2,125,256 | €2,555,723 | +€430,466 | +20.3% |
| Furniture and vehicles | 24 | €48,286 | €37,209 | -€11,078 | -22.9% |
| Leasing and similar rights | 25 | €706,678 | €572,935 | -€133,743 | -18.9% |
| Other tangible fixed assets | 26 | €5,544,143 | €5,544,143 | = | 0.0% |
| Financial fixed assets | 28 | €4,731 | €4,642 | -€89 | -1.9% |
| Current assets | 29/58 | €2,938,043 | €3,043,309 | +€105,265 | +3.6% |
| Stocks and contracts in progress | 3 | €3,309 | €1,453 | -€1,856 | -56.1% |
| Stocks | 30/36 | €3,309 | €1,453 | -€1,856 | -56.1% |
| Amounts receivable within one year | 40/41 | €1,887,639 | €2,528,573 | +€640,934 | +34.0% |
| Trade receivables | 40 | €1,874,803 | €1,374,630 | -€500,173 | -26.7% |
| Other amounts receivable | 41 | €12,836 | €1,153,943 | +€1.1m | +8889.9% |
| Cash at bank and in hand | 54/58 | €1,042,559 | €507,306 | -€535,253 | -51.3% |
| Deferred charges and accrued income | 490/1 | €4,536 | €5,977 | +€1,440 | +31.7% |
| Total equity and liabilities | 10/49 | €11,432,402 | €11,820,754 | +€388,352 | +3.4% |
| Equity | 10/15 | €2,120,713 | €2,708,728 | +€588,015 | +27.7% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €415,645 | €486,862 | +€71,217 | +17.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €413,785 | €485,002 | +€71,217 | +17.2% |
| Profit (loss) carried forward | 14 | €1,698,568 | €2,215,366 | +€516,797 | +30.4% |
| Provisions and deferred taxes | 16 | €143,212 | €124,851 | -€18,361 | -12.8% |
| Deferred taxes | 168 | €143,212 | €124,851 | -€18,361 | -12.8% |
| Amounts payable | 17/49 | €9,168,477 | €8,987,175 | -€181,302 | -2.0% |
| Amounts payable after more than one year | 17 | €6,970,344 | €6,717,969 | -€252,375 | -3.6% |
| Financial debts | 170/4 | €6,970,344 | €6,717,969 | -€252,375 | -3.6% |
| Amounts payable within one year | 42/48 | €2,026,541 | €2,269,129 | +€242,588 | +12.0% |
| Current portion of amounts payable after more than one year | 42 | €635,574 | €734,875 | +€99,301 | +15.6% |
| Trade debts | 44 | €1,381,688 | €1,366,236 | -€15,452 | -1.1% |
| Suppliers | 440/4 | €1,381,688 | €1,366,236 | -€15,452 | -1.1% |
| Taxes, remuneration and social security | 45 | €4,967 | €134,056 | +€129,089 | +2599.0% |
| Taxes | 450/3 | €4,967 | €124,912 | +€119,945 | +2414.9% |
| Remuneration and social security | 454/9 | - | €9,144 | +€9,144 | |
| Other amounts payable | 47/48 | €4,313 | €33,962 | +€29,649 | +687.5% |
| Accrued charges and deferred income | 492/3 | €171,592 | €77 | -€171,515 | -100.0% |
| Non-recurring operating income | 76A | €224,368 | €60,000 | -€164,368 | -73.3% |
| Remuneration, social security and pensions | 62 | €77,090 | €123,700 | +€46,610 | +60.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,308,318 | €790,117 | -€518,201 | -39.6% |
| Other operating charges | 640/8 | €5,658 | €3,608 | -€2,050 | -36.2% |
| Gross operating margin | 9900 | €1,987,867 | €1,742,352 | -€245,515 | -12.4% |
| Operating profit (loss) | 9901 | €596,801 | €824,926 | +€228,125 | +38.2% |
| Financial income | 75/76B | €3,135 | €157 | -€2,978 | -95.0% |
| Recurring financial income | 75 | €3,135 | €157 | -€2,978 | -95.0% |
| Financial charges | 65/66B | €33,141 | €32,113 | -€1,029 | -3.1% |
| Recurring financial charges | 65 | €33,141 | €32,113 | -€1,029 | -3.1% |
| Profit (loss) for the period before taxes | 9903 | €566,795 | €792,971 | +€226,177 | +39.9% |
| Transfer from deferred taxes | 780 | €27,542 | €33,361 | +€5,819 | +21.1% |
| Transfer to deferred taxes | 680 | €56,042 | €15,000 | -€41,042 | -73.2% |
| Income taxes | 67/77 | €103,262 | €223,317 | +€120,056 | +116.3% |
| Profit (loss) for the period | 9904 | €435,033 | €588,015 | +€152,982 | +35.2% |
| Transfer from tax-exempt reserves | 789 | €77,738 | €100,083 | +€22,344 | +28.7% |
| Transfer to tax-exempt reserves | 689 | €168,126 | €171,300 | +€3,174 | +1.9% |
| Profit (loss) for the period to be appropriated | 9905 | €344,645 | €516,797 | +€172,152 | +50.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.