Flas Matériaux: what changed
What changed
Flas Matériaux
NACE 46.841, Wholesale trade
filed annual accounts (NBB)
Net result for the year
€164,243
2024 · €33,007+€131,236
Equity
€329,804
2024 · €165,561+€164,243
Cash
€124,087
2024 · €132,008-€7,921
Balance sheet total
€1.3m
2024 · €968,208+€340,160
Largest movements
Assets
- Stocks and contracts +€177,429
up €177,429 (+32.7%), from €541,807 to €719,236
- Receivables within one year +€132,969
up €132,969 (+101%), from €131,200 to €264,169
- Tangible fixed assets +€35,493
up €35,493 (+21.8%), from €162,948 to €198,441
of which Plant, machinery and equipment: +€51,252
Equity and liabilities
- Profit (loss) carried forward +€164,243
up €164,243 (+107%), from €152,811 to €317,054
- Provisions +€69,714
new in 2025: €69,714
- Tax, wage and social debts +€47,063
up €47,063 (+58.5%), from €80,392 to €127,455
of which Taxes: +€57,612
- Trade debts +€40,658
up €40,658 (+10.0%), from €406,297 to €446,955
- Other debts +€18,595
up €18,595 (+18.8%), from €98,882 to €117,477
Income statement
- Gross operating margin +€343,249
up €343,249 (+326%), from €105,328 to €448,577
- Provisions +€69,714
new in 2025: €69,714
- Depreciation +€69,612
up €69,612 (+212%), from €32,876 to €102,488
- Taxes +€39,725
up €39,725 (+308%), from €12,912 to €52,637
- Staff costs +€21,934
up €21,934 (+172%), from €12,785 to €34,719
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.
Result 2024
€33,007
Gross operating margin
+€343,249
Staff costs
-€21,934
Depreciation
-€69,612
Write-downs
-€7,144
Provisions
-€69,714
Other operating charges
-€52
Financial income
-€29
Financial charges
-€3,803
Taxes
-€39,725
Result 2025
€164,243
raises the resultlowers the result
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.
From operations
+€148,052
Investment
-€137,981
Financing
-€17,992
Cash 2024
€132,008
From operations (derived)
+€148,052
Net result for the year
+€164,243
Depreciation
+€102,488
Stocks and contracts
-€177,429
Receivables within one year
-€132,969
Deferred charges and accrued income
-€2,190
Provisions
+€69,714
Trade debts
+€40,658
Tax, wage and social debts
+€47,063
Advances received
+€17,315
Other debts
+€18,595
Accrued charges and deferred income
+€564
Investment (derived)
-€137,981
Investment in fixed assets (net)
-€137,981
Financing
-€17,992
Debts after one year
-€17,228
Current portion of long-term debt
-€769
Short-term financial debts
+€5
Cash 2025
€124,087
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €968,208 | €1,308,368 | +€340,160 | +35.1% |
| Fixed assets | 21/28 | €163,193 | €198,686 | +€35,493 | +21.7% |
| Tangible fixed assets | 22/27 | €162,948 | €198,441 | +€35,493 | +21.8% |
| Land and buildings | 22 | €149,856 | €138,946 | -€10,910 | -7.3% |
| Plant, machinery and equipment | 23 | €3,494 | €54,746 | +€51,252 | +1,467% |
| Furniture and vehicles | 24 | €3,539 | €639 | -€2,900 | -81.9% |
| Other tangible fixed assets | 26 | €6,059 | €4,110 | -€1,949 | -32.2% |
| Financial fixed assets | 28 | €245 | €245 | = | 0.0% |
| Current assets | 29/58 | €805,015 | €1,109,682 | +€304,667 | +37.8% |
| Stocks and contracts in progress | 3 | €541,807 | €719,236 | +€177,429 | +32.7% |
| Stocks | 30/36 | €541,807 | €719,236 | +€177,429 | +32.7% |
| Amounts receivable within one year | 40/41 | €131,200 | €264,169 | +€132,969 | +101% |
| Trade receivables | 40 | €131,200 | €264,169 | +€132,969 | +101% |
| Cash at bank and in hand | 54/58 | €132,008 | €124,087 | -€7,921 | -6.0% |
| Deferred charges and accrued income | 490/1 | - | €2,190 | +€2,190 | |
| Total equity and liabilities | 10/49 | €968,208 | €1,308,368 | +€340,160 | +35.1% |
| Equity | 10/15 | €165,561 | €329,804 | +€164,243 | +99.2% |
| Reserves | 13 | €12,750 | €12,750 | = | 0.0% |
| Tax-exempt reserves | 132 | €12,750 | €12,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | €152,811 | €317,054 | +€164,243 | +107% |
| Provisions and deferred taxes | 16 | - | €69,714 | +€69,714 | |
| Provisions for liabilities and charges | 160/5 | - | €69,714 | +€69,714 | |
| Other liabilities and charges | 164/5 | - | €69,714 | +€69,714 | |
| Amounts payable | 17/49 | €802,647 | €908,850 | +€106,203 | +13.2% |
| Amounts payable after more than one year | 17 | €137,675 | €120,447 | -€17,228 | -12.5% |
| Financial debts | 170/4 | €87,675 | €70,447 | -€17,228 | -19.6% |
| Other amounts payable | 178/9 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €664,903 | €787,770 | +€122,867 | +18.5% |
| Current portion of amounts payable after more than one year | 42 | €16,961 | €16,192 | -€769 | -4.5% |
| Financial debts | 43 | - | €5 | +€5 | |
| Credit institutions | 430/8 | - | €5 | +€5 | |
| Trade debts | 44 | €406,297 | €446,955 | +€40,658 | +10.0% |
| Suppliers | 440/4 | €406,297 | €446,955 | +€40,658 | +10.0% |
| Advances received on contracts in progress | 46 | €62,371 | €79,686 | +€17,315 | +27.8% |
| Taxes, remuneration and social security | 45 | €80,392 | €127,455 | +€47,063 | +58.5% |
| Taxes | 450/3 | €53,744 | €111,356 | +€57,612 | +107% |
| Remuneration and social security | 454/9 | €26,648 | €16,099 | -€10,549 | -39.6% |
| Other amounts payable | 47/48 | €98,882 | €117,477 | +€18,595 | +18.8% |
| Accrued charges and deferred income | 492/3 | €69 | €633 | +€564 | +817% |
| Remuneration, social security and pensions | 62 | €12,785 | €34,719 | +€21,934 | +172% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,876 | €102,488 | +€69,612 | +212% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,203 | €11,347 | +€7,144 | +170% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €69,714 | +€69,714 | |
| Other operating charges | 640/8 | €5,322 | €5,374 | +€52 | +1.0% |
| Gross operating margin | 9900 | €105,328 | €448,577 | +€343,249 | +326% |
| Operating profit (loss) | 9901 | €50,142 | €224,935 | +€174,793 | +349% |
| Financial income | 75/76B | €29 | - | -€29 | |
| Recurring financial income | 75 | €29 | - | -€29 | |
| Financial charges | 65/66B | €4,252 | €8,055 | +€3,803 | +89.4% |
| Recurring financial charges | 65 | €4,252 | €8,055 | +€3,803 | +89.4% |
| Profit (loss) for the period before taxes | 9903 | €45,919 | €216,880 | +€170,961 | +372% |
| Income taxes | 67/77 | €12,912 | €52,637 | +€39,725 | +308% |
| Profit (loss) for the period | 9904 | €33,007 | €164,243 | +€131,236 | +398% |
| Profit (loss) for the period to be appropriated | 9905 | €33,007 | €164,243 | +€131,236 | +398% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.