FLASH 6873: 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.
FLASH 6873
Largest movements
- Tangible fixed assets -€17,885
down €17,885 (-11.8%), from €151,947 to €134,062
of which Furniture and vehicles: -€12,351
- Receivables within one year -€16,365
down €16,365 (-58.6%), from €27,944 to €11,579
of which Trade receivables: -€27,944
- Cash +€2,333
up €2,333 (+85.6%), from €2,725 to €5,058
mainly Depreciation (+€18,545) and Receivables within one year (+€16,365)
- Other debts -€29,750
no longer reported in 2025 (was €29,750)
- Debts after one year -€11,036
down €11,036 (-10.2%), from €107,691 to €96,655
- Trade debts +€10,318
up €10,318 (+805.5%), from €1,281 to €11,599
- Profit (loss) carried forward -€6,546
down €6,546 (-46.8%), from -€13,997 to -€20,543
- Tax, wage and social debts +€3,989
up €3,989 (+255.7%), from €1,560 to €5,549
- Gross operating margin -€25,142
down €25,142 (-65.5%), from €38,410 to €13,268
- Financial charges -€2,943
down €2,943 (-36.0%), from €8,174 to €5,231
- Depreciation +€719
up €719 (+4.0%), from €17,826 to €18,545
- Other operating charges -€396
down €396 (-17.9%), from €2,211 to €1,815
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 | €191,616 | €159,699 | -€31,917 | -16.7% |
| Fixed assets | 21/28 | €151,947 | €134,062 | -€17,885 | -11.8% |
| Tangible fixed assets | 22/27 | €151,947 | €134,062 | -€17,885 | -11.8% |
| Land and buildings | 22 | €107,814 | €104,058 | -€3,756 | -3.5% |
| Plant, machinery and equipment | 23 | €7,300 | €5,522 | -€1,778 | -24.4% |
| Furniture and vehicles | 24 | €36,833 | €24,482 | -€12,351 | -33.5% |
| Current assets | 29/58 | €39,669 | €25,637 | -€14,032 | -35.4% |
| Stocks and contracts in progress | 3 | €9,000 | €9,000 | = | 0.0% |
| Stocks | 30/36 | €9,000 | €9,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €27,944 | €11,579 | -€16,365 | -58.6% |
| Trade receivables | 40 | €27,944 | - | -€27,944 | |
| Other amounts receivable | 41 | - | €11,579 | +€11,579 | |
| Cash at bank and in hand | 54/58 | €2,725 | €5,058 | +€2,333 | +85.6% |
| Total equity and liabilities | 10/49 | €191,616 | €159,699 | -€31,917 | -16.7% |
| Equity | 10/15 | €40,788 | €34,242 | -€6,546 | -16.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €44,785 | €44,785 | = | 0.0% |
| Distributable reserves | 133 | €44,785 | €44,785 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,997 | -€20,543 | -€6,546 | -46.8% |
| Amounts payable | 17/49 | €150,828 | €125,457 | -€25,371 | -16.8% |
| Amounts payable after more than one year | 17 | €107,691 | €96,655 | -€11,036 | -10.2% |
| Financial debts | 170/4 | €107,691 | €96,655 | -€11,036 | -10.2% |
| Amounts payable within one year | 42/48 | €43,137 | €28,802 | -€14,335 | -33.2% |
| Current portion of amounts payable after more than one year | 42 | €10,546 | €11,654 | +€1,108 | +10.5% |
| Trade debts | 44 | €1,281 | €11,599 | +€10,318 | +805.5% |
| Suppliers | 440/4 | €1,281 | €11,599 | +€10,318 | +805.5% |
| Taxes, remuneration and social security | 45 | €1,560 | €5,549 | +€3,989 | +255.7% |
| Taxes | 450/3 | €1,560 | €5,549 | +€3,989 | +255.7% |
| Other amounts payable | 47/48 | €29,750 | - | -€29,750 | |
| Remuneration, social security and pensions | 62 | €129 | - | -€129 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,826 | €18,545 | +€719 | +4.0% |
| Other operating charges | 640/8 | €2,211 | €1,815 | -€396 | -17.9% |
| Gross operating margin | 9900 | €38,410 | €13,268 | -€25,142 | -65.5% |
| Operating profit (loss) | 9901 | €18,244 | -€7,092 | -€25,336 | |
| Financial income | 75/76B | €16 | - | -€16 | |
| Recurring financial income | 75 | €16 | - | -€16 | |
| Financial charges | 65/66B | €8,174 | €5,231 | -€2,943 | -36.0% |
| Recurring financial charges | 65 | €8,174 | €5,231 | -€2,943 | -36.0% |
| Profit (loss) for the period before taxes | 9903 | €10,086 | -€12,323 | -€22,409 | |
| Transfer from deferred taxes | 780 | - | €5,777 | +€5,777 | |
| Profit (loss) for the period | 9904 | €10,086 | -€6,546 | -€16,632 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,086 | -€6,546 | -€16,632 |
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 11 October 2026 via checked.be.