Flash 88: 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 88
Largest movements
- Cash +€35,898
up €35,898 (+167%), from €21,454 to €57,353
mainly Depreciation (+€21,732) and Receivables within one year (+€21,330)
- Receivables within one year -€21,330
down €21,330 (-44.9%), from €47,558 to €26,228
of which Trade receivables: -€17,909
- Tangible fixed assets -€13,550
down €13,550 (-18.8%), from €72,143 to €58,593
of which Furniture and vehicles: -€10,417
- Intangible fixed assets -€2,500
down €2,500 (-25.0%), from €10,000 to €7,500
- Tax, wage and social debts -€3,894
down €3,894 (-52.7%), from €7,395 to €3,501
of which Taxes: -€3,911
- Gross operating margin -€21,738
down €21,738 (-34.9%), from €62,208 to €40,470
- Taxes -€7,806
down €7,806 (-51.1%), from €15,283 to €7,476
- Depreciation +€1,184
up €1,184 (+5.8%), from €20,548 to €21,732
- Financial income -€745
down €745 (-13.5%), from €5,512 to €4,767
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 | €156,532 | €154,301 | -€2,232 | -1.4% |
| Fixed assets | 21/28 | €82,143 | €66,093 | -€16,050 | -19.5% |
| Intangible fixed assets | 21 | €10,000 | €7,500 | -€2,500 | -25.0% |
| Tangible fixed assets | 22/27 | €72,143 | €58,593 | -€13,550 | -18.8% |
| Plant, machinery and equipment | 23 | €9,456 | €10,576 | +€1,119 | +11.8% |
| Furniture and vehicles | 24 | €26,735 | €16,318 | -€10,417 | -39.0% |
| Leasing and similar rights | 25 | €392 | €0 | -€392 | -100% |
| Other tangible fixed assets | 26 | €35,560 | €31,700 | -€3,860 | -10.9% |
| Current assets | 29/58 | €74,389 | €88,207 | +€13,818 | +18.6% |
| Amounts receivable within one year | 40/41 | €47,558 | €26,228 | -€21,330 | -44.9% |
| Trade receivables | 40 | €39,074 | €21,165 | -€17,909 | -45.8% |
| Other amounts receivable | 41 | €8,484 | €5,062 | -€3,422 | -40.3% |
| Cash at bank and in hand | 54/58 | €21,454 | €57,353 | +€35,898 | +167% |
| Deferred charges and accrued income | 490/1 | €5,376 | €4,627 | -€750 | -13.9% |
| Total equity and liabilities | 10/49 | €156,532 | €154,301 | -€2,232 | -1.4% |
| Equity | 10/15 | €146,570 | €146,700 | +€129 | +0.1% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Reserves | 13 | €132,050 | €132,150 | +€100 | +0.1% |
| Distributable reserves | 133 | €132,050 | €132,150 | +€100 | +0.1% |
| Profit (loss) carried forward | 14 | €260 | €290 | +€29 | +11.3% |
| Amounts payable | 17/49 | €9,962 | €7,601 | -€2,361 | -23.7% |
| Amounts payable within one year | 42/48 | €9,362 | €7,001 | -€2,361 | -25.2% |
| Trade debts | 44 | €1,966 | €3,500 | +€1,534 | +78.0% |
| Suppliers | 440/4 | €1,966 | €3,500 | +€1,534 | +78.0% |
| Taxes, remuneration and social security | 45 | €7,395 | €3,501 | -€3,894 | -52.7% |
| Taxes | 450/3 | €5,102 | €1,190 | -€3,911 | -76.7% |
| Remuneration and social security | 454/9 | €2,294 | €2,311 | +€17 | +0.7% |
| Accrued charges and deferred income | 492/3 | €600 | €600 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,548 | €21,732 | +€1,184 | +5.8% |
| Other operating charges | 640/8 | €2,857 | €2,328 | -€529 | -18.5% |
| Gross operating margin | 9900 | €62,208 | €40,470 | -€21,738 | -34.9% |
| Operating profit (loss) | 9901 | €38,802 | €16,409 | -€22,392 | -57.7% |
| Financial income | 75/76B | €5,512 | €4,767 | -€745 | -13.5% |
| Recurring financial income | 75 | €5,512 | €4,767 | -€745 | -13.5% |
| Financial charges | 65/66B | €154 | €171 | +€17 | +11.1% |
| Recurring financial charges | 65 | €154 | €171 | +€17 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | €44,160 | €21,006 | -€23,155 | -52.4% |
| Income taxes | 67/77 | €15,283 | €7,476 | -€7,806 | -51.1% |
| Profit (loss) for the period | 9904 | €28,878 | €13,529 | -€15,348 | -53.1% |
| Profit (loss) for the period to be appropriated | 9905 | €28,878 | €13,529 | -€15,348 | -53.1% |
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 13 October 2026 via checked.be.