FLASSEKLITS: 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.
FLASSEKLITS
Largest movements
- Tangible fixed assets +€223,884
up €223,884 (+123%), from €182,233 to €406,117
of which Land and buildings: +€229,416
- Cash -€99,074
down €99,074 (-78.6%), from €125,975 to €26,901
mainly Investment in fixed assets (net) (-€247,634) and Debts after one year (-€83,422)
- Receivables within one year -€90,077
down €90,077 (-69.7%), from €129,195 to €39,118
of which Other amounts receivable: -€100,222
- Debts after one year -€83,422
down €83,422 (-6.1%), from €1.4m to €1.3m
- Current portion of long-term debt +€63,280
up €63,280 (+535%), from €11,824 to €75,104
- Reserves +€48,517
up €48,517 (+13.3%), from €365,702 to €414,219
- Trade debts -€25,142
down €25,142 (-43.5%), from €57,835 to €32,693
- Tax, wage and social debts +€21,301
up €21,301 (+66.6%), from €32,005 to €53,307
- Gross operating margin +€116,073
up €116,073 (+475%), from €24,425 to €140,498
- Financial charges +€23,614
up €23,614 (+369%), from €6,405 to €30,020
- Financial income -€17,094
down €17,094 (-97.1%), from €17,607 to €513
- Depreciation +€12,394
up €12,394 (+53.5%), from €23,170 to €35,564
- Other operating charges +€9,386
up €9,386 (+177%), from €5,300 to €14,686
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 | €1,973,101 | €1,997,636 | +€24,535 | +1.2% |
| Fixed assets | 21/28 | €1,716,302 | €1,928,372 | +€212,070 | +12.4% |
| Intangible fixed assets | 21 | €84,069 | €67,255 | -€16,814 | -20.0% |
| Tangible fixed assets | 22/27 | €182,233 | €406,117 | +€223,884 | +123% |
| Land and buildings | 22 | €166,953 | €396,369 | +€229,416 | +137% |
| Plant, machinery and equipment | 23 | €12,685 | €6,419 | -€6,265 | -49.4% |
| Furniture and vehicles | 24 | €2,595 | €3,329 | +€734 | +28.3% |
| Financial fixed assets | 28 | €1,450,000 | €1,455,000 | +€5,000 | +0.3% |
| Current assets | 29/58 | €256,799 | €69,264 | -€187,536 | -73.0% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €129,195 | €39,118 | -€90,077 | -69.7% |
| Trade receivables | 40 | €19,439 | €29,583 | +€10,145 | +52.2% |
| Other amounts receivable | 41 | €109,756 | €9,534 | -€100,222 | -91.3% |
| Cash at bank and in hand | 54/58 | €125,975 | €26,901 | -€99,074 | -78.6% |
| Deferred charges and accrued income | 490/1 | €1,630 | €3,246 | +€1,616 | +99.1% |
| Total equity and liabilities | 10/49 | €1,973,101 | €1,997,636 | +€24,535 | +1.2% |
| Equity | 10/15 | €407,640 | €456,157 | +€48,517 | +11.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €365,702 | €414,219 | +€48,517 | +13.3% |
| Distributable reserves | 133 | €365,702 | €414,219 | +€48,517 | +13.3% |
| Profit (loss) carried forward | 14 | €29,538 | €29,538 | = | 0.0% |
| Amounts payable | 17/49 | €1,565,461 | €1,541,478 | -€23,982 | -1.5% |
| Amounts payable after more than one year | 17 | €1,363,796 | €1,280,374 | -€83,422 | -6.1% |
| Financial debts | 170/4 | €1,363,796 | €1,280,374 | -€83,422 | -6.1% |
| Amounts payable within one year | 42/48 | €101,665 | €161,104 | +€59,439 | +58.5% |
| Current portion of amounts payable after more than one year | 42 | €11,824 | €75,104 | +€63,280 | +535% |
| Trade debts | 44 | €57,835 | €32,693 | -€25,142 | -43.5% |
| Suppliers | 440/4 | €57,835 | €32,693 | -€25,142 | -43.5% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €32,005 | €53,307 | +€21,301 | +66.6% |
| Taxes | 450/3 | €32,005 | €53,307 | +€21,301 | +66.6% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €100,000 | €100,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,170 | €35,564 | +€12,394 | +53.5% |
| Other operating charges | 640/8 | €5,300 | €14,686 | +€9,386 | +177% |
| Gross operating margin | 9900 | €24,425 | €140,498 | +€116,073 | +475% |
| Operating profit (loss) | 9901 | -€4,045 | €90,248 | +€94,293 | |
| Financial income | 75/76B | €17,607 | €513 | -€17,094 | -97.1% |
| Recurring financial income | 75 | €17,607 | €513 | -€17,094 | -97.1% |
| Financial charges | 65/66B | €6,405 | €30,020 | +€23,614 | +369% |
| Recurring financial charges | 65 | €6,405 | €30,020 | +€23,614 | +369% |
| Profit (loss) for the period before taxes | 9903 | €7,157 | €60,742 | +€53,585 | +749% |
| Income taxes | 67/77 | €3,327 | €12,224 | +€8,897 | +267% |
| Profit (loss) for the period | 9904 | €3,830 | €48,517 | +€44,688 | +1,167% |
| Profit (loss) for the period to be appropriated | 9905 | €3,830 | €48,517 | +€44,688 | +1,167% |
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 19 October 2026 via checked.be.