FLAMINGO HOLDING: 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.
FLAMINGO HOLDING
Largest movements
- Cash -€41,204
down €41,204 (-29.5%), from €139,541 to €98,337
mainly Other debts (-€72,264) and Net result for the year (-€5,426)
- Receivables within one year -€22,468
down €22,468 (-71.8%), from €31,307 to €8,840
of which Other amounts receivable: -€13,519
- Other debts -€72,264
down €72,264 (-12.6%), from €573,387 to €501,123
- Financial income -€66,396
down €66,396 (-61.9%), from €107,201 to €40,805
- Financial charges -€37,764
down €37,764 (-72.6%), from €52,043 to €14,280
- Gross operating margin -€16,909
down €16,909 (-356%), from -€4,755 to -€21,664
- Other operating charges +€9,319
up €9,319 (+963%), from €968 to €10,287
- Taxes -€804
down €804 (-100%), from €804 to €0
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 | €1,877,579 | €1,813,254 | -€64,324 | -3.4% |
| Fixed assets | 21/28 | €1,706,078 | €1,706,078 | = | 0.0% |
| Tangible fixed assets | 22/27 | €4,523 | €4,523 | = | 0.0% |
| Assets under construction and advance payments | 27 | €4,523 | €4,523 | = | 0.0% |
| Financial fixed assets | 28 | €1,701,554 | €1,701,554 | = | 0.0% |
| Current assets | 29/58 | €171,501 | €107,177 | -€64,324 | -37.5% |
| Amounts receivable within one year | 40/41 | €31,307 | €8,840 | -€22,468 | -71.8% |
| Trade receivables | 40 | €8,949 | €0 | -€8,949 | -100% |
| Other amounts receivable | 41 | €22,358 | €8,840 | -€13,519 | -60.5% |
| Cash at bank and in hand | 54/58 | €139,541 | €98,337 | -€41,204 | -29.5% |
| Deferred charges and accrued income | 490/1 | €653 | €0 | -€653 | -100% |
| Total equity and liabilities | 10/49 | €1,877,579 | €1,813,254 | -€64,324 | -3.4% |
| Equity | 10/15 | €472,461 | €467,036 | -€5,426 | -1.1% |
| Contributions | 10/11 | €852,401 | €852,401 | = | 0.0% |
| Capital | 10 | €852,401 | €852,401 | = | 0.0% |
| Issued capital | 100 | €862,000 | €862,000 | = | 0.0% |
| Uncalled capital | 101 | €9,599 | €9,599 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€379,940 | -€385,365 | -€5,426 | -1.4% |
| Amounts payable | 17/49 | €1,405,117 | €1,346,219 | -€58,899 | -4.2% |
| Amounts payable after more than one year | 17 | €706,151 | €706,151 | = | 0.0% |
| Financial debts | 170/4 | €706,151 | - | -€706,151 | |
| Other amounts payable | 178/9 | - | €706,151 | +€706,151 | |
| Amounts payable within one year | 42/48 | €587,120 | €514,098 | -€73,022 | -12.4% |
| Financial debts | 43 | - | €34 | +€34 | |
| Credit institutions | 430/8 | - | €34 | +€34 | |
| Trade debts | 44 | €11,452 | €10,799 | -€653 | -5.7% |
| Suppliers | 440/4 | €11,452 | €10,799 | -€653 | -5.7% |
| Taxes, remuneration and social security | 45 | €2,280 | €2,142 | -€139 | -6.1% |
| Taxes | 450/3 | €2,280 | €2,142 | -€139 | -6.1% |
| Other amounts payable | 47/48 | €573,387 | €501,123 | -€72,264 | -12.6% |
| Accrued charges and deferred income | 492/3 | €111,846 | €125,970 | +€14,123 | +12.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €210 | €0 | -€210 | -100% |
| Other operating charges | 640/8 | €968 | €10,287 | +€9,319 | +963% |
| Gross operating margin | 9900 | -€4,755 | -€21,664 | -€16,909 | -356% |
| Operating profit (loss) | 9901 | -€5,933 | -€31,951 | -€26,018 | -439% |
| Financial income | 75/76B | €107,201 | €40,805 | -€66,396 | -61.9% |
| Recurring financial income | 75 | €107,201 | €40,805 | -€66,396 | -61.9% |
| Financial charges | 65/66B | €52,043 | €14,280 | -€37,764 | -72.6% |
| Recurring financial charges | 65 | €52,043 | €14,280 | -€37,764 | -72.6% |
| Profit (loss) for the period before taxes | 9903 | €49,225 | -€5,426 | -€54,651 | |
| Income taxes | 67/77 | €804 | €0 | -€804 | -100% |
| Profit (loss) for the period | 9904 | €48,421 | -€5,426 | -€53,847 | |
| Profit (loss) for the period to be appropriated | 9905 | €48,421 | -€5,426 | -€53,847 |
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 29 October 2026 via checked.be.