FLAMINGO SOLUTIONS: what changed
FLAMINGO SOLUTIONS
Largest movements
- Tangible fixed assets +€717,781
up €717,781 (+995%), from €72,142 to €789,924
of which Land and buildings: +€703,556
- Receivables within one year +€105,137
up €105,137 (+42.4%), from €247,820 to €352,957
of which Trade receivables: +€80,907
- Cash -€71,969
down €71,969 (-84.8%), from €84,856 to €12,888
mainly Investment in fixed assets (net) (-€763,489) and Receivables within one year (-€105,137)
- Debts after one year +€620,284
up €620,284 (+4,015%), from €15,448 to €635,731
- Reserves +€125,000
up €125,000 (+83.3%), from €150,000 to €275,000
- Tax, wage and social debts -€45,895
down €45,895 (-55.1%), from €83,281 to €37,386
of which Taxes: -€43,395
- Current portion of long-term debt +€31,253
up €31,253 (+158%), from €19,761 to €51,014
- Other debts -€30,000
no longer reported in 2025 (was €30,000)
- Depreciation +€39,944
up €39,944 (+693%), from €5,763 to €45,707
- Gross operating margin -€19,963
down €19,963 (-7.4%), from €268,383 to €248,421
- Taxes -€18,153
down €18,153 (-23.8%), from €76,281 to €58,128
- Financial charges +€16,505
up €16,505 (+395%), from €4,182 to €20,686
- Financial income +€3,938
up €3,938 (+883%), from €446 to €4,384
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €433,856 | €1,182,664 | +€748,808 | +173% |
| Fixed assets | 21/28 | €72,142 | €789,924 | +€717,781 | +995% |
| Tangible fixed assets | 22/27 | €72,142 | €789,924 | +€717,781 | +995% |
| Land and buildings | 22 | - | €703,556 | +€703,556 | |
| Plant, machinery and equipment | 23 | €6,421 | €21,143 | +€14,722 | +229% |
| Furniture and vehicles | 24 | €65,721 | €65,225 | -€497 | -0.8% |
| Current assets | 29/58 | €361,714 | €392,740 | +€31,027 | +8.6% |
| Amounts receivable within one year | 40/41 | €247,820 | €352,957 | +€105,137 | +42.4% |
| Trade receivables | 40 | €203,767 | €284,674 | +€80,907 | +39.7% |
| Other amounts receivable | 41 | €44,052 | €68,283 | +€24,230 | +55.0% |
| Cash at bank and in hand | 54/58 | €84,856 | €12,888 | -€71,969 | -84.8% |
| Deferred charges and accrued income | 490/1 | €29,038 | €26,895 | -€2,142 | -7.4% |
| Total equity and liabilities | 10/49 | €433,856 | €1,182,664 | +€748,808 | +173% |
| Equity | 10/15 | €154,442 | €279,444 | +€125,002 | +80.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €150,000 | €275,000 | +€125,000 | +83.3% |
| Distributable reserves | 133 | €150,000 | €275,000 | +€125,000 | +83.3% |
| Profit (loss) carried forward | 14 | €1,442 | €1,444 | +€2 | +0.1% |
| Amounts payable | 17/49 | €279,414 | €903,220 | +€623,806 | +223% |
| Amounts payable after more than one year | 17 | €15,448 | €635,731 | +€620,284 | +4,015% |
| Financial debts | 170/4 | €15,448 | €635,731 | +€620,284 | +4,015% |
| Amounts payable within one year | 42/48 | €263,966 | €267,489 | +€3,523 | +1.3% |
| Current portion of amounts payable after more than one year | 42 | €19,761 | €51,014 | +€31,253 | +158% |
| Financial debts | 43 | - | €25,200 | +€25,200 | |
| Credit institutions | 430/8 | - | €25,200 | +€25,200 | |
| Trade debts | 44 | €130,924 | €153,888 | +€22,964 | +17.5% |
| Suppliers | 440/4 | €130,924 | €153,888 | +€22,964 | +17.5% |
| Taxes, remuneration and social security | 45 | €83,281 | €37,386 | -€45,895 | -55.1% |
| Taxes | 450/3 | €80,781 | €37,386 | -€43,395 | -53.7% |
| Remuneration and social security | 454/9 | €2,500 | - | -€2,500 | |
| Other amounts payable | 47/48 | €30,000 | - | -€30,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,763 | €45,707 | +€39,944 | +693% |
| Other operating charges | 640/8 | €661 | €3,282 | +€2,620 | +396% |
| Non-recurring operating charges | 66A | €500 | - | -€500 | |
| Gross operating margin | 9900 | €268,383 | €248,421 | -€19,963 | -7.4% |
| Operating profit (loss) | 9901 | €261,459 | €199,432 | -€62,027 | -23.7% |
| Financial income | 75/76B | €446 | €4,384 | +€3,938 | +883% |
| Recurring financial income | 75 | €446 | €4,384 | +€3,938 | +883% |
| Financial charges | 65/66B | €4,182 | €20,686 | +€16,505 | +395% |
| Recurring financial charges | 65 | €4,182 | €20,686 | +€16,505 | +395% |
| Profit (loss) for the period before taxes | 9903 | €257,723 | €183,130 | -€74,594 | -28.9% |
| Income taxes | 67/77 | €76,281 | €58,128 | -€18,153 | -23.8% |
| Profit (loss) for the period | 9904 | €181,442 | €125,002 | -€56,440 | -31.1% |
| Profit (loss) for the period to be appropriated | 9905 | €181,442 | €125,002 | -€56,440 | -31.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.