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FLASH IMMO: what changed

Two fiscal 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.

What changed

FLASH IMMO

BE 0872.900.426
NACE 47.712, Retail trade
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€57,494
2023 · -€39,392-€18,102
Equity
-€166,884
2023 · -€109,391-€57,494
Cash
€3,764
2023 · €2,299+€1,465
Balance sheet total
€5,574
2023 · €6,479-€906

Largest movements

2023 to 2024
Assets
  • Receivables within one year -€2,307

    down €2,307 (-99.8%), from €2,310 to €3

    of which Other amounts receivable: -€1,304

  • Cash +€1,465

    up €1,465 (+63.7%), from €2,299 to €3,764

    mainly Other debts (+€57,181) and Receivables within one year (+€2,307)

Equity and liabilities
  • Profit (loss) carried forward -€57,494

    down €57,494 (-44.6%), from -€128,793 to -€186,287

  • Other debts +€57,181

    up €57,181 (+51.7%), from €110,601 to €167,782

  • Trade debts -€2,233

    down €2,233 (-44.4%), from €5,024 to €2,791

  • Tax, wage and social debts +€1,640

    up €1,640 (+670.3%), from €245 to €1,885

    of which Remuneration and social security: +€1,420

Income statement
  • Gross operating margin -€14,814

    down €14,814 (-95.9%), from -€15,455 to -€30,269

  • Staff costs +€7,916

    up €7,916 (+49.9%), from €15,864 to €23,781

  • Depreciation -€4,922

    down €4,922 (-82.7%), from €5,949 to €1,027

  • Other operating charges +€460

    up €460 (+26.9%), from €1,714 to €2,174

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€39,392
Gross operating margin -€14,814
Staff costs -€7,916
Depreciation +€4,922
Other operating charges -€460
Financial income +€8
Financial charges +€155
Taxes +€5
Result 2024 -€57,494

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€2,438
Investment -€973
Financing €0
Cash 2023 €2,299
Net result for the year -€57,494
Depreciation +€1,027
Receivables within one year +€2,307
Deferred charges and accrued income +€10
Trade debts -€2,233
Tax, wage and social debts +€1,640
Other debts +€57,181
Investment in fixed assets (net) -€973
Cash 2024 €3,764
Every line side by side 40 lines
Line Code 2023 2024 Change %
Total assets 20/58 €6,479 €5,574 -€906 -14.0%
Fixed assets 21/28 €1,394 €1,340 -€54 -3.9%
Tangible fixed assets 22/27 €1,394 €1,340 -€54 -3.9%
Plant, machinery and equipment 23 €718 €343 -€374 -52.2%
Furniture and vehicles 24 €676 €997 +€321 +47.4%
Current assets 29/58 €5,086 €4,234 -€852 -16.7%
Amounts receivable within one year 40/41 €2,310 €3 -€2,307 -99.8%
Trade receivables 40 €1,003 - -€1,003
Other amounts receivable 41 €1,307 €3 -€1,304 -99.7%
Cash at bank and in hand 54/58 €2,299 €3,764 +€1,465 +63.7%
Deferred charges and accrued income 490/1 €476 €466 -€10 -2.1%
Total equity and liabilities 10/49 €6,479 €5,574 -€906 -14.0%
Equity 10/15 -€109,391 -€166,884 -€57,494 -52.6%
Contributions 10/11 €18,600 €18,600 = 0.0%
Outside capital 11 €18,600 €18,600 = 0.0%
Other 1109/19 €18,600 €18,600 = 0.0%
Reserves 13 €803 €803 = 0.0%
Distributable reserves 133 €803 €803 = 0.0%
Profit (loss) carried forward 14 -€128,793 -€186,287 -€57,494 -44.6%
Amounts payable 17/49 €115,870 €172,458 +€56,588 +48.8%
Amounts payable within one year 42/48 €115,870 €172,458 +€56,588 +48.8%
Trade debts 44 €5,024 €2,791 -€2,233 -44.4%
Suppliers 440/4 €5,024 €2,791 -€2,233 -44.4%
Taxes, remuneration and social security 45 €245 €1,885 +€1,640 +670.3%
Taxes 450/3 €220 €440 +€220 +100.2%
Remuneration and social security 454/9 €25 €1,445 +€1,420 +5687.9%
Other amounts payable 47/48 €110,601 €167,782 +€57,181 +51.7%
Remuneration, social security and pensions 62 €15,864 €23,781 +€7,916 +49.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €5,949 €1,027 -€4,922 -82.7%
Other operating charges 640/8 €1,714 €2,174 +€460 +26.9%
Gross operating margin 9900 -€15,455 -€30,269 -€14,814 -95.9%
Operating profit (loss) 9901 -€38,982 -€57,251 -€18,269 -46.9%
Financial income 75/76B - €8 +€8
Recurring financial income 75 - €8 +€8
Financial charges 65/66B €190 €36 -€155 -81.3%
Recurring financial charges 65 €190 €36 -€155 -81.3%
Profit (loss) for the period before taxes 9903 -€39,172 -€57,279 -€18,106 -46.2%
Income taxes 67/77 €220 €215 -€5 -2.1%
Profit (loss) for the period 9904 -€39,392 -€57,494 -€18,102 -46.0%
Profit (loss) for the period to be appropriated 9905 -€39,392 -€57,494 -€18,102 -46.0%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.