FLAN: 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.
FLAN
Largest movements
- Tangible fixed assets -€58,306
down €58,306 (-100%), from €58,306 to €0
of which Other tangible fixed assets: -€49,634
- Receivables within one year -€33,626
down €33,626 (-100%), from €33,626 to €0
of which Trade receivables: -€33,626
- Stocks and contracts -€4,394
down €4,394 (-100%), from €4,394 to €0
- Cash +€2,492
up €2,492 (+22.5%), from €11,095 to €13,586
mainly Investment in fixed assets (net) (+€57,424) and Receivables within one year (+€33,626)
- Other debts -€44,758
down €44,758 (-37.0%), from €120,823 to €76,064
- Trade debts -€26,712
down €26,712 (-77.0%), from €34,699 to €7,987
- Profit (loss) carried forward -€24,038
down €24,038 (-29.3%), from -€82,003 to -€106,041
- Accrued charges and deferred income +€1,562
new in 2025: €1,562
- Turnover -€232,485
down €232,485 (-51.7%), from €450,092 to €217,608
- Gross operating margin -€103,547
down €103,547 (-70.2%), from €147,572 to €44,025
- Purchases and services -€87,359
down €87,359 (-27.9%), from €313,475 to €226,116
- Staff costs -€50,340
down €50,340 (-48.4%), from €103,939 to €53,599
- Depreciation -€19,830
down €19,830 (-95.7%), from €20,712 to €882
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 | €107,570 | €13,736 | -€93,834 | -87.2% |
| Fixed assets | 21/28 | €58,456 | €150 | -€58,306 | -99.7% |
| Tangible fixed assets | 22/27 | €58,306 | €0 | -€58,306 | -100% |
| Land and buildings | 22 | €1,843 | €0 | -€1,843 | -100% |
| Plant, machinery and equipment | 23 | €5,594 | €0 | -€5,594 | -100% |
| Furniture and vehicles | 24 | €1,235 | €0 | -€1,235 | -100% |
| Other tangible fixed assets | 26 | €49,634 | €0 | -€49,634 | -100% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €49,115 | €13,586 | -€35,528 | -72.3% |
| Stocks and contracts in progress | 3 | €4,394 | €0 | -€4,394 | -100% |
| Stocks | 30/36 | €4,394 | €0 | -€4,394 | -100% |
| Amounts receivable within one year | 40/41 | €33,626 | €0 | -€33,626 | -100% |
| Trade receivables | 40 | €33,626 | - | -€33,626 | |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €11,095 | €13,586 | +€2,492 | +22.5% |
| Total equity and liabilities | 10/49 | €107,570 | €13,736 | -€93,834 | -87.2% |
| Equity | 10/15 | -€61,123 | -€85,161 | -€24,038 | -39.3% |
| Contributions | 10/11 | €20,880 | €20,880 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€82,003 | -€106,041 | -€24,038 | -29.3% |
| Amounts payable | 17/49 | €168,693 | €98,897 | -€69,796 | -41.4% |
| Amounts payable within one year | 42/48 | €168,693 | €97,335 | -€71,358 | -42.3% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €34,699 | €7,987 | -€26,712 | -77.0% |
| Suppliers | 440/4 | €34,699 | €7,987 | -€26,712 | -77.0% |
| Taxes, remuneration and social security | 45 | €13,172 | €13,284 | +€112 | +0.8% |
| Taxes | 450/3 | €8,762 | €13,284 | +€4,522 | +51.6% |
| Remuneration and social security | 454/9 | €4,410 | €0 | -€4,410 | -100% |
| Other amounts payable | 47/48 | €120,823 | €76,064 | -€44,758 | -37.0% |
| Accrued charges and deferred income | 492/3 | - | €1,562 | +€1,562 | |
| Turnover | 70 | €450,092 | €217,608 | -€232,485 | -51.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €313,475 | €226,116 | -€87,359 | -27.9% |
| Remuneration, social security and pensions | 62 | €103,939 | €53,599 | -€50,340 | -48.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,712 | €882 | -€19,830 | -95.7% |
| Other operating charges | 640/8 | €10,594 | €9,254 | -€1,341 | -12.7% |
| Non-recurring operating charges | 66A | €4,703 | €412 | -€4,292 | -91.2% |
| Gross operating margin | 9900 | €147,572 | €44,025 | -€103,547 | -70.2% |
| Operating profit (loss) | 9901 | €7,624 | -€20,121 | -€27,745 | |
| Financial income | 75/76B | €15 | €0 | -€15 | -99.9% |
| Recurring financial income | 75 | €15 | €0 | -€15 | -99.9% |
| Financial charges | 65/66B | €4,425 | €3,347 | -€1,078 | -24.4% |
| Recurring financial charges | 65 | €4,425 | €3,347 | -€1,078 | -24.4% |
| Profit (loss) for the period before taxes | 9903 | €3,214 | -€23,468 | -€26,682 | |
| Income taxes | 67/77 | €587 | €570 | -€17 | -2.8% |
| Profit (loss) for the period | 9904 | €2,628 | -€24,038 | -€26,666 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,628 | -€24,038 | -€26,666 |
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 15 October 2026 via checked.be.