FLAMENT PAUL: 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.
What changed
FLAMENT PAUL
NACE 46.216, Wholesale of agricultural produce and animal feed, general range
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€340,041
2024 · €466,648-€126,607
Equity
€2.2m
2024 · €2.4m-€187,959
Cash
€140,745
2024 · €154,209-€13,464
Balance sheet total
€3.7m
2024 · €4.1m-€346,065
Largest movements
Assets
- Current investments -€300,000
down €300,000 (-37.5%), from €800,000 to €500,000
- Tangible fixed assets -€66,664
down €66,664 (-6.0%), from €1.1m to €1.0m
Equity and liabilities
- Contributions -€414,000
down €414,000 (-58.0%), from €714,000 to €300,000
- Reserves +€226,041
up €226,041 (+13.4%), from €1.7m to €1.9m
of which Distributable reserves: +€226,041
- Trade debts -€114,079
down €114,079 (-18.2%), from €628,246 to €514,167
- Debts after one year -€48,138
down €48,138 (-12.0%), from €401,838 to €353,700
Income statement
- Gross operating margin -€194,977
down €194,977 (-17.1%), from €1.1m to €946,362
- Taxes -€57,152
down €57,152 (-26.2%), from €218,269 to €161,117
- Financial charges -€45,363
down €45,363 (-43.6%), from €104,132 to €58,770
- Depreciation +€16,201
up €16,201 (+31.6%), from €51,280 to €67,481
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.
Result 2024
€466,648
Gross operating margin
-€194,977
Staff costs
-€8,489
Depreciation
-€16,201
Write-downs
-€9,697
Other operating charges
-€1,885
Other operating items
+€7,995
Financial income
-€5,867
Financial charges
+€45,363
Taxes
+€57,152
Result 2025
€340,041
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€268,365
Investment
+€291,055
Financing
-€572,884
Cash 2024
€154,209
From operations (derived)
+€268,365
Net result for the year
+€340,041
Depreciation
+€67,481
Stocks and contracts
-€36,575
Receivables within one year
+€13,670
Deferred charges and accrued income
-€3,030
Trade debts
-€114,079
Tax, wage and social debts
-€3,535
Other debts
+€3,080
Accrued charges and deferred income
+€1,311
Investment (derived)
+€291,055
Investment in fixed assets (net)
-€8,945
Current investments
+€300,000
Financing
-€572,884
Debts after one year
-€48,138
Current portion of long-term debt
+€3,254
Contributions, distributions and other
-€528,000
Cash 2025
€140,745
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,053,127 | €3,707,062 | -€346,065 | -8.5% |
| Fixed assets | 21/28 | €1,105,904 | €1,047,368 | -€58,536 | -5.3% |
| Intangible fixed assets | 21 | - | €8,128 | +€8,128 | |
| Tangible fixed assets | 22/27 | €1,105,904 | €1,039,240 | -€66,664 | -6.0% |
| Land and buildings | 22 | €971,574 | €940,690 | -€30,883 | -3.2% |
| Plant, machinery and equipment | 23 | €87,170 | €64,901 | -€22,269 | -25.5% |
| Furniture and vehicles | 24 | €47,160 | €33,649 | -€13,511 | -28.6% |
| Current assets | 29/58 | €2,947,223 | €2,659,694 | -€287,530 | -9.8% |
| Stocks and contracts in progress | 3 | €1,473,673 | €1,510,248 | +€36,575 | +2.5% |
| Stocks | 30/36 | €1,473,673 | €1,510,248 | +€36,575 | +2.5% |
| Amounts receivable within one year | 40/41 | €501,963 | €488,293 | -€13,670 | -2.7% |
| Trade receivables | 40 | €449,367 | €453,218 | +€3,852 | +0.9% |
| Other amounts receivable | 41 | €52,597 | €35,075 | -€17,522 | -33.3% |
| Current investments | 50/53 | €800,000 | €500,000 | -€300,000 | -37.5% |
| Cash at bank and in hand | 54/58 | €154,209 | €140,745 | -€13,464 | -8.7% |
| Deferred charges and accrued income | 490/1 | €17,378 | €20,408 | +€3,030 | +17.4% |
| Total equity and liabilities | 10/49 | €4,053,127 | €3,707,062 | -€346,065 | -8.5% |
| Equity | 10/15 | €2,402,642 | €2,214,683 | -€187,959 | -7.8% |
| Contributions | 10/11 | €714,000 | €300,000 | -€414,000 | -58.0% |
| Reserves | 13 | €1,688,642 | €1,914,683 | +€226,041 | +13.4% |
| Tax-exempt reserves | 132 | €4,737 | €4,737 | = | 0.0% |
| Distributable reserves | 133 | €1,683,905 | €1,909,946 | +€226,041 | +13.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,650,485 | €1,492,379 | -€158,106 | -9.6% |
| Amounts payable after more than one year | 17 | €401,838 | €353,700 | -€48,138 | -12.0% |
| Financial debts | 170/4 | €401,838 | €353,700 | -€48,138 | -12.0% |
| Amounts payable within one year | 42/48 | €1,247,948 | €1,136,669 | -€111,279 | -8.9% |
| Current portion of amounts payable after more than one year | 42 | €44,884 | €48,138 | +€3,254 | +7.2% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €628,246 | €514,167 | -€114,079 | -18.2% |
| Suppliers | 440/4 | €628,246 | €514,167 | -€114,079 | -18.2% |
| Taxes, remuneration and social security | 45 | €70,937 | €67,403 | -€3,535 | -5.0% |
| Taxes | 450/3 | €18,206 | €11,327 | -€6,879 | -37.8% |
| Remuneration and social security | 454/9 | €52,731 | €56,076 | +€3,345 | +6.3% |
| Other amounts payable | 47/48 | €503,881 | €506,962 | +€3,080 | +0.6% |
| Accrued charges and deferred income | 492/3 | €699 | €2,009 | +€1,311 | +188% |
| Non-recurring operating income | 76A | €12,500 | €0 | -€12,500 | -100% |
| Remuneration, social security and pensions | 62 | €300,323 | €308,812 | +€8,489 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,280 | €67,481 | +€16,201 | +31.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€7,994 | €1,703 | +€9,697 | |
| Other operating charges | 640/8 | €24,782 | €26,666 | +€1,885 | +7.6% |
| Non-recurring operating charges | 66A | €7,995 | €0 | -€7,995 | -100% |
| Gross operating margin | 9900 | €1,141,338 | €946,362 | -€194,977 | -17.1% |
| Operating profit (loss) | 9901 | €764,953 | €541,699 | -€223,254 | -29.2% |
| Financial income | 75/76B | €24,096 | €18,229 | -€5,867 | -24.3% |
| Recurring financial income | 75 | €24,096 | €18,229 | -€5,867 | -24.3% |
| Financial charges | 65/66B | €104,132 | €58,770 | -€45,363 | -43.6% |
| Recurring financial charges | 65 | €104,132 | €58,770 | -€45,363 | -43.6% |
| Profit (loss) for the period before taxes | 9903 | €684,917 | €501,158 | -€183,759 | -26.8% |
| Income taxes | 67/77 | €218,269 | €161,117 | -€57,152 | -26.2% |
| Profit (loss) for the period | 9904 | €466,648 | €340,041 | -€126,607 | -27.1% |
| Profit (loss) for the period to be appropriated | 9905 | €466,648 | €340,041 | -€126,607 | -27.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.