FLAMINEX: 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
FLAMINEX
NACE 46.649, Wholesale of other machinery and equipment
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€9,215
2024 · €10,827-€1,612
Equity
€375,828
2024 · €366,613+€9,215
Cash
€13,994
2024 · €9,506+€4,488
Balance sheet total
€9.2m
2024 · €1.1m+€8.2m
Largest movements
Assets
- Tangible fixed assets +€8.0m
new in 2025: €8.0m
of which Land and buildings: +€7.8m
- Receivables within one year +€284,060
up €284,060 (+60.7%), from €467,936 to €751,996
of which Trade receivables: +€281,387
Equity and liabilities
- Debts after one year +€6.6m
new in 2025: €6.6m
- Trade debts +€1.1m
up €1.1m (+204.0%), from €550,674 to €1.7m
- Current portion of long-term debt +€313,424
new in 2025: €313,424
Income statement
- Gross operating margin +€167,547
up €167,547 (+32.8%), from €510,446 to €677,994
- Depreciation +€85,129
new in 2025: €85,129
- Financial charges +€60,891
up €60,891 (+958.0%), from €6,356 to €67,247
- Staff costs +€18,317
up €18,317 (+3.7%), from €492,186 to €510,503
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
€10,827
Gross operating margin
+€167,547
Staff costs
-€18,317
Depreciation
-€85,129
Other operating charges
-€6,680
Financial income
-€688
Financial charges
-€60,891
Taxes
+€2,545
Result 2025
€9,215
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.
From operations
+€1.1m
Investment
-€8.1m
Financing
+€7.0m
Cash 2024
€9,506
From operations (derived)
+€1.1m
Net result for the year
+€9,215
Depreciation
+€85,129
Receivables after one year
+€35,816
Stocks and contracts
+€44,830
Receivables within one year
-€284,060
Deferred charges and accrued income
-€2,627
Trade debts
+€1.1m
Tax, wage and social debts
+€57,043
Other debts
+€32,700
Investment (derived)
-€8.1m
Investment in fixed assets (net)
-€8.1m
Financing
+€7.0m
Debts after one year
+€6.6m
Current portion of long-term debt
+€313,424
Short-term financial debts
+€36,596
Cash 2025
€13,994
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,056,760 | €9,238,588 | +€8.2m | +774.2% |
| Fixed assets | 21/28 | €185,000 | €8,156,298 | +€8.0m | +4308.8% |
| Tangible fixed assets | 22/27 | - | €7,976,298 | +€8.0m | |
| Land and buildings | 22 | - | €7,791,577 | +€7.8m | |
| Furniture and vehicles | 24 | - | €174,721 | +€174,721 | |
| Assets under construction and advance payments | 27 | - | €10,000 | +€10,000 | |
| Financial fixed assets | 28 | €185,000 | €180,000 | -€5,000 | -2.7% |
| Current assets | 29/58 | €871,760 | €1,082,290 | +€210,530 | +24.1% |
| Amounts receivable after more than one year | 29 | €349,376 | €313,560 | -€35,816 | -10.3% |
| Other amounts receivable | 291 | €349,376 | €313,560 | -€35,816 | -10.3% |
| Stocks and contracts in progress | 3 | €44,830 | - | -€44,830 | |
| Stocks | 30/36 | €44,830 | - | -€44,830 | |
| Amounts receivable within one year | 40/41 | €467,936 | €751,996 | +€284,060 | +60.7% |
| Trade receivables | 40 | €428,818 | €710,205 | +€281,387 | +65.6% |
| Other amounts receivable | 41 | €39,118 | €41,791 | +€2,673 | +6.8% |
| Cash at bank and in hand | 54/58 | €9,506 | €13,994 | +€4,488 | +47.2% |
| Deferred charges and accrued income | 490/1 | €112 | €2,740 | +€2,627 | +2339.9% |
| Total equity and liabilities | 10/49 | €1,056,760 | €9,238,588 | +€8.2m | +774.2% |
| Equity | 10/15 | €366,613 | €375,828 | +€9,215 | +2.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €360,413 | €369,628 | +€9,215 | +2.6% |
| Distributable reserves | 133 | €360,413 | €369,628 | +€9,215 | +2.6% |
| Amounts payable | 17/49 | €690,147 | €8,862,760 | +€8.2m | +1184.2% |
| Amounts payable after more than one year | 17 | - | €6,609,690 | +€6.6m | |
| Financial debts | 170/4 | - | €6,609,690 | +€6.6m | |
| Amounts payable within one year | 42/48 | €690,147 | €2,253,070 | +€1.6m | +226.5% |
| Current portion of amounts payable after more than one year | 42 | - | €313,424 | +€313,424 | |
| Financial debts | 43 | €53,965 | €90,561 | +€36,596 | +67.8% |
| Credit institutions | 430/8 | €53,965 | €90,561 | +€36,596 | +67.8% |
| Trade debts | 44 | €550,674 | €1,673,835 | +€1.1m | +204.0% |
| Suppliers | 440/4 | €550,674 | €1,673,835 | +€1.1m | +204.0% |
| Taxes, remuneration and social security | 45 | €83,507 | €140,550 | +€57,043 | +68.3% |
| Taxes | 450/3 | €5,065 | €49,885 | +€44,820 | +884.9% |
| Remuneration and social security | 454/9 | €78,442 | €90,665 | +€12,223 | +15.6% |
| Other amounts payable | 47/48 | €2,000 | €34,700 | +€32,700 | +1635.0% |
| Remuneration, social security and pensions | 62 | €492,186 | €510,503 | +€18,317 | +3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €85,129 | +€85,129 | |
| Other operating charges | 640/8 | €886 | €7,565 | +€6,680 | +754.3% |
| Gross operating margin | 9900 | €510,446 | €677,994 | +€167,547 | +32.8% |
| Operating profit (loss) | 9901 | €17,375 | €74,797 | +€57,422 | +330.5% |
| Financial income | 75/76B | €8,378 | €7,690 | -€688 | -8.2% |
| Recurring financial income | 75 | €8,378 | €7,690 | -€688 | -8.2% |
| Financial charges | 65/66B | €6,356 | €67,247 | +€60,891 | +958.0% |
| Recurring financial charges | 65 | €6,356 | €67,247 | +€60,891 | +958.0% |
| Profit (loss) for the period before taxes | 9903 | €19,397 | €15,240 | -€4,157 | -21.4% |
| Income taxes | 67/77 | €8,570 | €6,025 | -€2,545 | -29.7% |
| Profit (loss) for the period | 9904 | €10,827 | €9,215 | -€1,612 | -14.9% |
| Profit (loss) for the period to be appropriated | 9905 | €10,827 | €9,215 | -€1,612 | -14.9% |
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.