FLAMEUSART IMMO: 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.
FLAMEUSART IMMO
Largest movements
- Receivables within one year +€328,462
up €328,462 (+26.2%), from €1.3m to €1.6m
- Cash -€317,188
down €317,188 (-97.5%), from €325,176 to €7,987
mainly Receivables within one year (-€328,462) and Net result for the year (-€20,558)
- Trade debts +€28,753
up €28,753 (+629%), from €4,572 to €33,325
- Profit (loss) carried forward -€20,558
down €20,558 (-4.8%), from -€431,846 to -€452,404
- Gross operating margin -€41,459
down €41,459 (-471%), from -€8,807 to -€50,266
- Financial charges +€32,678
up €32,678 (+1,918%), from €1,704 to €34,382
- Financial income +€28,471
up €28,471 (+54.1%), from €52,644 to €81,115
- Depreciation +€3,077
up €3,077 (+45.7%), from €6,740 to €9,817
- Taxes +€1,892
up €1,892 (+1,261,633%), from €0 to €1,893
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,980,368 | €1,992,108 | +€11,740 | +0.6% |
| Fixed assets | 21/28 | €395,622 | €395,948 | +€325 | +0.1% |
| Tangible fixed assets | 22/27 | €390,622 | €390,948 | +€325 | +0.1% |
| Land and buildings | 22 | €301,342 | €300,382 | -€960 | -0.3% |
| Furniture and vehicles | 24 | €89,280 | €90,566 | +€1,285 | +1.4% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €1,584,745 | €1,596,160 | +€11,415 | +0.7% |
| Amounts receivable within one year | 40/41 | €1,253,428 | €1,581,889 | +€328,462 | +26.2% |
| Other amounts receivable | 41 | €1,253,428 | €1,581,889 | +€328,462 | +26.2% |
| Cash at bank and in hand | 54/58 | €325,176 | €7,987 | -€317,188 | -97.5% |
| Deferred charges and accrued income | 490/1 | €6,142 | €6,284 | +€141 | +2.3% |
| Total equity and liabilities | 10/49 | €1,980,368 | €1,992,108 | +€11,740 | +0.6% |
| Equity | 10/15 | €1,547,889 | €1,527,331 | -€20,558 | -1.3% |
| Contributions | 10/11 | €595,440 | €595,440 | = | 0.0% |
| Capital | 10 | €595,440 | €595,440 | = | 0.0% |
| Issued capital | 100 | €595,440 | €595,440 | = | 0.0% |
| Revaluation surpluses | 12 | €81,707 | €81,707 | = | 0.0% |
| Reserves | 13 | €1,302,588 | €1,302,588 | = | 0.0% |
| Non-distributable reserves | 130/1 | €20,864 | €20,864 | = | 0.0% |
| Legal reserve | 130 | €20,864 | €20,864 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,281,725 | €1,281,725 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€431,846 | -€452,404 | -€20,558 | -4.8% |
| Provisions and deferred taxes | 16 | €427,242 | €427,242 | = | 0.0% |
| Deferred taxes | 168 | €427,242 | €427,242 | = | 0.0% |
| Amounts payable | 17/49 | €5,237 | €37,535 | +€32,298 | +617% |
| Amounts payable within one year | 42/48 | €5,237 | €33,990 | +€28,753 | +549% |
| Trade debts | 44 | €4,572 | €33,325 | +€28,753 | +629% |
| Suppliers | 440/4 | €4,572 | €33,325 | +€28,753 | +629% |
| Other amounts payable | 47/48 | €665 | €665 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €3,545 | +€3,545 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,740 | €9,817 | +€3,077 | +45.7% |
| Other operating charges | 640/8 | €5,374 | €5,317 | -€57 | -1.1% |
| Gross operating margin | 9900 | -€8,807 | -€50,266 | -€41,459 | -471% |
| Operating profit (loss) | 9901 | -€20,920 | -€65,399 | -€44,479 | -213% |
| Financial income | 75/76B | €52,644 | €81,115 | +€28,471 | +54.1% |
| Recurring financial income | 75 | €52,644 | €81,115 | +€28,471 | +54.1% |
| Financial charges | 65/66B | €1,704 | €34,382 | +€32,678 | +1,918% |
| Recurring financial charges | 65 | €1,704 | €34,382 | +€32,678 | +1,918% |
| Profit (loss) for the period before taxes | 9903 | €30,020 | -€18,665 | -€48,686 | |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Income taxes | 67/77 | €0 | €1,893 | +€1,892 | +1,261,633% |
| Profit (loss) for the period | 9904 | €30,020 | -€20,558 | -€50,578 | |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €30,020 | -€20,558 | -€50,578 |
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 27 October 2026 via checked.be.