FLAR: 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.
FLAR
Largest movements
- Cash +€132,467
up €132,467 (+100%), from €132,253 to €264,720
mainly Net result for the year (+€155,782) and Other debts (+€112,953)
- Receivables within one year -€21,765
no longer reported in 2025 (was €21,765)
- Tangible fixed assets -€18,611
down €18,611 (-4.5%), from €418,188 to €399,578
of which Land and buildings: -€11,201
- Deferred charges and accrued income +€9,594
new in 2025: €9,594
- Other debts +€112,953
up €112,953 (+92.1%), from €122,705 to €235,658
- Tax, wage and social debts -€14,814
down €14,814 (-65.6%), from €22,593 to €7,779
- Gross operating margin +€65,121
up €65,121 (+40.0%), from €162,957 to €228,078
- Taxes +€5,704
up €5,704 (+13.6%), from €42,074 to €47,779
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 | €572,206 | €673,892 | +€101,686 | +17.8% |
| Fixed assets | 21/28 | €418,188 | €399,578 | -€18,611 | -4.5% |
| Tangible fixed assets | 22/27 | €418,188 | €399,578 | -€18,611 | -4.5% |
| Land and buildings | 22 | €346,470 | €335,268 | -€11,201 | -3.2% |
| Plant, machinery and equipment | 23 | €71,308 | €60,630 | -€10,678 | -15.0% |
| Furniture and vehicles | 24 | €410 | €3,679 | +€3,269 | +796% |
| Current assets | 29/58 | €154,018 | €274,315 | +€120,297 | +78.1% |
| Amounts receivable within one year | 40/41 | €21,765 | - | -€21,765 | |
| Other amounts receivable | 41 | €21,765 | - | -€21,765 | |
| Cash at bank and in hand | 54/58 | €132,253 | €264,720 | +€132,467 | +100% |
| Deferred charges and accrued income | 490/1 | - | €9,594 | +€9,594 | |
| Total equity and liabilities | 10/49 | €572,206 | €673,892 | +€101,686 | +17.8% |
| Equity | 10/15 | €365,392 | €371,174 | +€5,782 | +1.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €332,410 | €332,410 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €1,860 | +€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | €332,410 | €330,550 | -€1,860 | -0.6% |
| Profit (loss) carried forward | 14 | €20,582 | €26,364 | +€5,782 | +28.1% |
| Amounts payable | 17/49 | €206,815 | €302,719 | +€95,904 | +46.4% |
| Amounts payable after more than one year | 17 | €54,296 | €48,319 | -€5,977 | -11.0% |
| Financial debts | 170/4 | €54,296 | €48,319 | -€5,977 | -11.0% |
| Amounts payable within one year | 42/48 | €152,519 | €249,413 | +€96,894 | +63.5% |
| Current portion of amounts payable after more than one year | 42 | €7,221 | €5,977 | -€1,244 | -17.2% |
| Taxes, remuneration and social security | 45 | €22,593 | €7,779 | -€14,814 | -65.6% |
| Taxes | 450/3 | €22,593 | €7,779 | -€14,814 | -65.6% |
| Other amounts payable | 47/48 | €122,705 | €235,658 | +€112,953 | +92.1% |
| Accrued charges and deferred income | 492/3 | - | €4,987 | +€4,987 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,272 | €22,118 | -€154 | -0.7% |
| Other operating charges | 640/8 | €1,050 | €1,036 | -€14 | -1.4% |
| Gross operating margin | 9900 | €162,957 | €228,078 | +€65,121 | +40.0% |
| Operating profit (loss) | 9901 | €139,635 | €204,925 | +€65,289 | +46.8% |
| Financial charges | 65/66B | €1,503 | €1,364 | -€139 | -9.2% |
| Recurring financial charges | 65 | €1,503 | €1,364 | -€139 | -9.2% |
| Profit (loss) for the period before taxes | 9903 | €138,132 | €203,561 | +€65,428 | +47.4% |
| Income taxes | 67/77 | €42,074 | €47,779 | +€5,704 | +13.6% |
| Profit (loss) for the period | 9904 | €96,058 | €155,782 | +€59,724 | +62.2% |
| Profit (loss) for the period to be appropriated | 9905 | €96,058 | €155,782 | +€59,724 | +62.2% |
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 24 October 2026 via checked.be.