FLARE: 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.
FLARE
Largest movements
- Tangible fixed assets +€6,380
up €6,380 (+193.6%), from €3,296 to €9,675
- Receivables within one year +€1,988
up €1,988 (+163.5%), from €1,216 to €3,204
of which Trade receivables: +€1,669
- Cash -€1,448
down €1,448 (-98.5%), from €1,470 to €21
- Trade debts +€7,112
up €7,112 (+178.5%), from €3,985 to €11,096
- Other debts -€1,310
down €1,310 (-27.0%), from €4,857 to €3,547
- Profit (loss) carried forward +€1,118
up €1,118 (+12.3%), from -€9,060 to -€7,943
- Gross operating margin +€4,635
up €4,635, from -€2,312 to €2,323
- Financial charges +€1,205
up €1,205 (+3029.7%), from €40 to €1,245
- Other operating charges -€259
down €259 (-64.9%), from €400 to €141
From the 2022 result to the 2024 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,981 | €12,901 | +€6,919 | +115.7% |
| Fixed assets | 21/28 | €3,296 | €9,675 | +€6,380 | +193.6% |
| Tangible fixed assets | 22/27 | €3,296 | €9,675 | +€6,380 | +193.6% |
| Plant, machinery and equipment | 23 | €3,296 | €9,675 | +€6,380 | +193.6% |
| Current assets | 29/58 | €2,685 | €3,225 | +€540 | +20.1% |
| Amounts receivable within one year | 40/41 | €1,216 | €3,204 | +€1,988 | +163.5% |
| Trade receivables | 40 | €242 | €1,911 | +€1,669 | +689.0% |
| Other amounts receivable | 41 | €974 | €1,293 | +€319 | +32.8% |
| Cash at bank and in hand | 54/58 | €1,470 | €21 | -€1,448 | -98.5% |
| Total equity and liabilities | 10/49 | €5,981 | €12,901 | +€6,919 | +115.7% |
| Equity | 10/15 | -€2,860 | -€1,743 | +€1,118 | +39.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,060 | -€7,943 | +€1,118 | +12.3% |
| Amounts payable | 17/49 | €8,842 | €14,643 | +€5,802 | +65.6% |
| Amounts payable within one year | 42/48 | €8,842 | €14,643 | +€5,802 | +65.6% |
| Trade debts | 44 | €3,985 | €11,096 | +€7,112 | +178.5% |
| Suppliers | 440/4 | €3,985 | €11,096 | +€7,112 | +178.5% |
| Other amounts payable | 47/48 | €4,857 | €3,547 | -€1,310 | -27.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €778 | €784 | +€6 | +0.8% |
| Other operating charges | 640/8 | €400 | €141 | -€259 | -64.9% |
| Gross operating margin | 9900 | -€2,312 | €2,323 | +€4,635 | |
| Operating profit (loss) | 9901 | -€3,490 | €1,398 | +€4,888 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €40 | €1,245 | +€1,205 | +3029.7% |
| Recurring financial charges | 65 | €40 | €1,245 | +€1,205 | +3029.7% |
| Profit (loss) for the period before taxes | 9903 | -€3,530 | €153 | +€3,683 | |
| Profit (loss) for the period | 9904 | -€3,530 | €153 | +€3,683 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,530 | €153 | +€3,683 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.