Flash Belgium: 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 Belgium
Largest movements
- Receivables within one year -€100,113
down €100,113 (-24.5%), from €409,237 to €309,124
of which Trade receivables: -€99,249
- Cash +€81,455
up €81,455 (+980%), from €8,311 to €89,766
mainly Receivables within one year (+€100,113) and Net result for the year (+€26,039)
- Trade debts -€44,698
down €44,698 (-48.2%), from €92,764 to €48,066
- Profit (loss) carried forward +€26,039
up €26,039 (+8.2%), from -€317,216 to -€291,177
- Gross operating margin -€14,299
down €14,299 (-34.0%), from €42,023 to €27,723
- Other operating charges -€965
down €965 (-83.8%), from €1,152 to €187
- Financial charges +€634
up €634 (+73.5%), from €863 to €1,497
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €417,548 | €398,890 | -€18,658 | -4.5% |
| Current assets | 29/58 | €417,548 | €398,890 | -€18,658 | -4.5% |
| Amounts receivable within one year | 40/41 | €409,237 | €309,124 | -€100,113 | -24.5% |
| Trade receivables | 40 | €391,043 | €291,794 | -€99,249 | -25.4% |
| Other amounts receivable | 41 | €18,194 | €17,330 | -€864 | -4.7% |
| Cash at bank and in hand | 54/58 | €8,311 | €89,766 | +€81,455 | +980% |
| Total equity and liabilities | 10/49 | €417,548 | €398,890 | -€18,658 | -4.5% |
| Equity | 10/15 | €324,784 | €350,823 | +€26,039 | +8.0% |
| Contributions | 10/11 | €642,000 | €642,000 | = | 0.0% |
| Capital | 10 | €642,000 | €642,000 | = | 0.0% |
| Issued capital | 100 | €642,000 | €642,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€317,216 | -€291,177 | +€26,039 | +8.2% |
| Amounts payable | 17/49 | €92,764 | €48,066 | -€44,698 | -48.2% |
| Amounts payable within one year | 42/48 | €92,764 | €48,066 | -€44,698 | -48.2% |
| Trade debts | 44 | €92,764 | €48,066 | -€44,698 | -48.2% |
| Suppliers | 440/4 | €92,764 | €48,066 | -€44,698 | -48.2% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Other operating charges | 640/8 | €1,152 | €187 | -€965 | -83.8% |
| Gross operating margin | 9900 | €42,023 | €27,723 | -€14,299 | -34.0% |
| Operating profit (loss) | 9901 | €40,871 | €27,536 | -€13,334 | -32.6% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €863 | €1,497 | +€634 | +73.5% |
| Recurring financial charges | 65 | €863 | €1,497 | +€634 | +73.5% |
| Profit (loss) for the period before taxes | 9903 | €40,008 | €26,039 | -€13,969 | -34.9% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €40,008 | €26,039 | -€13,969 | -34.9% |
| Profit (loss) for the period to be appropriated | 9905 | €40,008 | €26,039 | -€13,969 | -34.9% |
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 18 October 2026 via checked.be.