FLANLU: what changed
Two fiscal 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.
FLANLU
Largest movements
- Cash -€74,744
down €74,744 (-33.9%), from €220,789 to €146,045
mainly Contributions, distributions and other (-€102,332) and Tax, wage and social debts (-€22,231)
- Receivables within one year -€31,925
down €31,925 (-83.2%), from €38,384 to €6,459
of which Trade receivables: -€34,253
- Tangible fixed assets -€13,349
down €13,349 (-33.8%), from €39,469 to €26,120
of which Furniture and vehicles: -€12,579
- Reserves -€102,332
down €102,332 (-56.5%), from €181,111 to €78,779
- Tax, wage and social debts -€22,231
down €22,231 (-42.1%), from €52,839 to €30,608
of which Taxes: -€20,131
- Other debts +€6,654
up €6,654 (+13.0%), from €51,058 to €57,712
- Gross operating margin -€125,637
down €125,637 (-87.1%), from €144,274 to €18,637
- Taxes -€27,463
down €27,463 (-93.9%), from €29,258 to €1,795
- Financial income -€5,231
down €5,231 (-93.4%), from €5,599 to €368
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €300,946 | €180,102 | -€120,844 | -40.2% |
| Fixed assets | 21/28 | €39,469 | €26,120 | -€13,349 | -33.8% |
| Tangible fixed assets | 22/27 | €39,469 | €26,120 | -€13,349 | -33.8% |
| Furniture and vehicles | 24 | €37,180 | €24,601 | -€12,579 | -33.8% |
| Other tangible fixed assets | 26 | €2,289 | €1,519 | -€770 | -33.6% |
| Current assets | 29/58 | €261,477 | €153,981 | -€107,495 | -41.1% |
| Amounts receivable within one year | 40/41 | €38,384 | €6,459 | -€31,925 | -83.2% |
| Trade receivables | 40 | €37,401 | €3,148 | -€34,253 | -91.6% |
| Other amounts receivable | 41 | €983 | €3,311 | +€2,328 | +236.8% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €220,789 | €146,045 | -€74,744 | -33.9% |
| Deferred charges and accrued income | 490/1 | €2,304 | €1,478 | -€826 | -35.8% |
| Total equity and liabilities | 10/49 | €300,946 | €180,102 | -€120,844 | -40.2% |
| Equity | 10/15 | €191,111 | €88,071 | -€103,040 | -53.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €181,111 | €78,779 | -€102,332 | -56.5% |
| Distributable reserves | 133 | €181,111 | €78,779 | -€102,332 | -56.5% |
| Profit (loss) carried forward | 14 | - | -€708 | -€708 | |
| Amounts payable | 17/49 | €109,835 | €92,030 | -€17,805 | -16.2% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €105,818 | €88,793 | -€17,026 | -16.1% |
| Current portion of amounts payable after more than one year | 42 | €794 | €0 | -€794 | -100.0% |
| Trade debts | 44 | €1,126 | €472 | -€654 | -58.1% |
| Suppliers | 440/4 | €1,126 | €472 | -€654 | -58.1% |
| Taxes, remuneration and social security | 45 | €52,839 | €30,608 | -€22,231 | -42.1% |
| Taxes | 450/3 | €50,589 | €30,458 | -€20,131 | -39.8% |
| Remuneration and social security | 454/9 | €2,250 | €150 | -€2,100 | -93.3% |
| Other amounts payable | 47/48 | €51,058 | €57,712 | +€6,654 | +13.0% |
| Accrued charges and deferred income | 492/3 | €4,017 | €3,238 | -€779 | -19.4% |
| Non-recurring operating income | 76A | €94 | €0 | -€94 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,179 | €13,349 | +€170 | +1.3% |
| Other operating charges | 640/8 | €1,038 | €597 | -€441 | -42.5% |
| Gross operating margin | 9900 | €144,274 | €18,637 | -€125,637 | -87.1% |
| Operating profit (loss) | 9901 | €130,057 | €4,691 | -€125,366 | -96.4% |
| Financial income | 75/76B | €5,599 | €368 | -€5,231 | -93.4% |
| Recurring financial income | 75 | €5,599 | €368 | -€5,231 | -93.4% |
| Financial charges | 65/66B | €4,066 | €3,973 | -€94 | -2.3% |
| Recurring financial charges | 65 | €4,066 | €3,973 | -€94 | -2.3% |
| Profit (loss) for the period before taxes | 9903 | €131,590 | €1,087 | -€130,503 | -99.2% |
| Income taxes | 67/77 | €29,258 | €1,795 | -€27,463 | -93.9% |
| Profit (loss) for the period | 9904 | €102,332 | -€708 | -€103,040 | |
| Profit (loss) for the period to be appropriated | 9905 | €102,332 | -€708 | -€103,040 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.