FLASHDRIVER: what changed
FLASHDRIVER
Largest movements
- Receivables within one year +€24,034
up €24,034 (+84.2%), from €28,533 to €52,567
of which Trade receivables: +€16,921
- Cash +€7,070
new in 2025: €7,070
mainly Trade debts (+€18,321) and Net result for the year (+€10,042)
- Trade debts +€18,321
up €18,321 (+123%), from €14,949 to €33,270
- Profit (loss) carried forward +€10,042
up €10,042 (+534%), from €1,881 to €11,922
- Tax, wage and social debts +€3,682
up €3,682 (+464%), from €794 to €4,476
- Current portion of long-term debt -€1,137
no longer reported in 2025 (was €1,137)
- Gross operating margin +€13,528
up €13,528 (+419%), from €3,226 to €16,755
- Taxes +€2,888
up €2,888 (+364%), from €794 to €3,682
- Other operating charges +€1,325
up €1,325 (+102%), from €1,295 to €2,620
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €29,481 | €60,667 | +€31,186 | +106% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €948 | €714 | -€235 | -24.7% |
| Intangible fixed assets | 21 | €948 | €714 | -€235 | -24.7% |
| Current assets | 29/58 | €28,533 | €59,954 | +€31,421 | +110% |
| Amounts receivable within one year | 40/41 | €28,533 | €52,567 | +€24,034 | +84.2% |
| Trade receivables | 40 | €20,864 | €37,786 | +€16,921 | +81.1% |
| Other amounts receivable | 41 | €7,668 | €14,781 | +€7,113 | +92.8% |
| Cash at bank and in hand | 54/58 | - | €7,070 | +€7,070 | |
| Deferred charges and accrued income | 490/1 | - | €317 | +€317 | |
| Total equity and liabilities | 10/49 | €29,481 | €60,667 | +€31,186 | +106% |
| Equity | 10/15 | €9,936 | €19,977 | +€10,042 | +101% |
| Contributions | 10/11 | €8,055 | €8,055 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,881 | €11,922 | +€10,042 | +534% |
| Amounts payable | 17/49 | €19,545 | €40,690 | +€21,145 | +108% |
| Amounts payable within one year | 42/48 | €19,545 | €40,690 | +€21,145 | +108% |
| Current portion of amounts payable after more than one year | 42 | €1,137 | - | -€1,137 | |
| Trade debts | 44 | €14,949 | €33,270 | +€18,321 | +123% |
| Suppliers | 440/4 | €14,949 | €33,270 | +€18,321 | +123% |
| Advances received on contracts in progress | 46 | €2,665 | €2,944 | +€279 | +10.5% |
| Taxes, remuneration and social security | 45 | €794 | €4,476 | +€3,682 | +464% |
| Taxes | 450/3 | €794 | €4,476 | +€3,682 | +464% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €224 | €235 | +€10 | +4.6% |
| Other operating charges | 640/8 | €1,295 | €2,620 | +€1,325 | +102% |
| Gross operating margin | 9900 | €3,226 | €16,755 | +€13,528 | +419% |
| Operating profit (loss) | 9901 | €1,707 | €13,901 | +€12,194 | +714% |
| Financial charges | 65/66B | €159 | €177 | +€18 | +11.5% |
| Recurring financial charges | 65 | €159 | €177 | +€18 | +11.5% |
| Profit (loss) for the period before taxes | 9903 | €1,548 | €13,723 | +€12,175 | +787% |
| Income taxes | 67/77 | €794 | €3,682 | +€2,888 | +364% |
| Profit (loss) for the period | 9904 | €754 | €10,042 | +€9,288 | +1,232% |
| Profit (loss) for the period to be appropriated | 9905 | €754 | €10,042 | +€9,288 | +1,232% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.