FLASH BAGUETTE: 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 BAGUETTE
Largest movements
- Cash +€27,567
up €27,567 (+425%), from €6,488 to €34,055
mainly Trade debts (+€59,126) and Net result for the year (+€8,947)
- Receivables within one year +€18,660
up €18,660 (+11.8%), from €158,332 to €176,992
- Trade debts +€59,126
up €59,126 (+238%), from €24,807 to €83,933
- Tax, wage and social debts -€25,706
down €25,706 (-57.1%), from €45,019 to €19,313
of which Remuneration and social security: -€14,406
- Profit (loss) carried forward +€8,947
up €8,947 (+15.4%), from €58,231 to €67,179
- Other debts +€4,203
up €4,203 (+19.6%), from €21,484 to €25,687
- Accrued charges and deferred income -€3,000
down €3,000 (-50.0%), from €6,000 to €3,000
- Gross operating margin +€12,957
up €12,957 (+14.3%), from €90,702 to €103,659
- Staff costs -€11,832
down €11,832 (-13.4%), from €88,122 to €76,290
- Financial charges +€8,762
up €8,762 (+343%), from €2,556 to €11,318
- Financial income -€7,489
no longer reported in 2025 (was €7,489)
of which Financial income: -€7,489
- Taxes +€2,621
new in 2025: €2,621
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 | €181,496 | €223,540 | +€42,044 | +23.2% |
| Fixed assets | 21/28 | €7,707 | €5,670 | -€2,037 | -26.4% |
| Tangible fixed assets | 22/27 | €7,313 | €5,276 | -€2,037 | -27.9% |
| Furniture and vehicles | 24 | €438 | €51 | -€387 | -88.4% |
| Other tangible fixed assets | 26 | €6,875 | €5,225 | -€1,650 | -24.0% |
| Financial fixed assets | 28 | €394 | €394 | = | 0.0% |
| Current assets | 29/58 | €173,789 | €217,870 | +€44,081 | +25.4% |
| Stocks and contracts in progress | 3 | €8,969 | €6,823 | -€2,146 | -23.9% |
| Stocks | 30/36 | €8,969 | €6,823 | -€2,146 | -23.9% |
| Amounts receivable within one year | 40/41 | €158,332 | €176,992 | +€18,660 | +11.8% |
| Trade receivables | 40 | €158,332 | €176,992 | +€18,660 | +11.8% |
| Cash at bank and in hand | 54/58 | €6,488 | €34,055 | +€27,567 | +425% |
| Total equity and liabilities | 10/49 | €181,496 | €223,540 | +€42,044 | +23.2% |
| Equity | 10/15 | €66,341 | €75,289 | +€8,947 | +13.5% |
| Contributions | 10/11 | €6,250 | €6,250 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €58,231 | €67,179 | +€8,947 | +15.4% |
| Amounts payable | 17/49 | €115,154 | €148,251 | +€33,097 | +28.7% |
| Amounts payable within one year | 42/48 | €109,154 | €145,251 | +€36,097 | +33.1% |
| Financial debts | 43 | €17,845 | €16,318 | -€1,527 | -8.6% |
| Credit institutions | 430/8 | €17,845 | €16,318 | -€1,527 | -8.6% |
| Trade debts | 44 | €24,807 | €83,933 | +€59,126 | +238% |
| Suppliers | 440/4 | €24,807 | €83,933 | +€59,126 | +238% |
| Taxes, remuneration and social security | 45 | €45,019 | €19,313 | -€25,706 | -57.1% |
| Taxes | 450/3 | €15,347 | €4,047 | -€11,300 | -73.6% |
| Remuneration and social security | 454/9 | €29,672 | €15,266 | -€14,406 | -48.5% |
| Other amounts payable | 47/48 | €21,484 | €25,687 | +€4,203 | +19.6% |
| Accrued charges and deferred income | 492/3 | €6,000 | €3,000 | -€3,000 | -50.0% |
| Remuneration, social security and pensions | 62 | €88,122 | €76,290 | -€11,832 | -13.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,365 | €2,037 | -€1,328 | -39.5% |
| Other operating charges | 640/8 | €3,745 | €2,445 | -€1,300 | -34.7% |
| Gross operating margin | 9900 | €90,702 | €103,659 | +€12,957 | +14.3% |
| Operating profit (loss) | 9901 | -€4,530 | €22,886 | +€27,417 | |
| Financial income | 75/76B | €7,489 | - | -€7,489 | |
| Recurring financial income | 75 | €7,489 | - | -€7,489 | |
| Non-recurring financial income | 76B | €7,489 | - | -€7,489 | |
| Financial charges | 65/66B | €2,556 | €11,318 | +€8,762 | +343% |
| Recurring financial charges | 65 | €2,556 | €11,318 | +€8,762 | +343% |
| Profit (loss) for the period before taxes | 9903 | €403 | €11,569 | +€11,166 | +2,771% |
| Income taxes | 67/77 | - | €2,621 | +€2,621 | |
| Profit (loss) for the period | 9904 | €403 | €8,947 | +€8,544 | +2,121% |
| Profit (loss) for the period to be appropriated | 9905 | €403 | €8,947 | +€8,544 | +2,121% |
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 22 October 2026 via checked.be.