Flat6: 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.
Flat6
Largest movements
- Stocks and contracts +€171,600
new in 2025: €171,600
- Cash -€63,362
down €63,362 (-52.6%), from €120,535 to €57,172
mainly Stocks and contracts (-€171,600) and Investment in fixed assets (net) (-€51,085)
- Tangible fixed assets +€48,525
up €48,525 (+329.3%), from €14,734 to €63,259
of which Other tangible fixed assets: +€48,525
- Deferred charges and accrued income +€4,400
up €4,400 (+9272.9%), from €47 to €4,447
- Debts after one year +€84,326
new in 2025: €84,326
- Reserves +€58,562
up €58,562 (+44.7%), from €130,903 to €189,465
- Current portion of long-term debt +€24,629
new in 2025: €24,629
- Tax, wage and social debts -€3,903
down €3,903 (-22.6%), from €17,279 to €13,376
of which Taxes: -€3,903
- Gross operating margin +€5,790
up €5,790 (+7.8%), from €73,785 to €79,574
- Financial charges +€2,584
up €2,584 (+1737.6%), from €149 to €2,733
- Depreciation +€1,284
up €1,284 (+100.5%), from €1,277 to €2,561
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.
Cash bridge derived
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 | €155,976 | €319,261 | +€163,285 | +104.7% |
| Fixed assets | 21/28 | €14,794 | €63,319 | +€48,525 | +328.0% |
| Tangible fixed assets | 22/27 | €14,734 | €63,259 | +€48,525 | +329.3% |
| Furniture and vehicles | 24 | €2,200 | €2,200 | = | 0.0% |
| Other tangible fixed assets | 26 | €12,534 | €61,059 | +€48,525 | +387.1% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €141,182 | €255,942 | +€114,761 | +81.3% |
| Stocks and contracts in progress | 3 | - | €171,600 | +€171,600 | |
| Stocks | 30/36 | - | €171,600 | +€171,600 | |
| Amounts receivable within one year | 40/41 | €20,600 | €22,722 | +€2,123 | +10.3% |
| Trade receivables | 40 | €16,093 | €18,211 | +€2,118 | +13.2% |
| Other amounts receivable | 41 | €4,507 | €4,512 | +€5 | +0.1% |
| Cash at bank and in hand | 54/58 | €120,535 | €57,172 | -€63,362 | -52.6% |
| Deferred charges and accrued income | 490/1 | €47 | €4,447 | +€4,400 | +9272.9% |
| Total equity and liabilities | 10/49 | €155,976 | €319,261 | +€163,285 | +104.7% |
| Equity | 10/15 | €135,903 | €194,465 | +€58,562 | +43.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €130,903 | €189,465 | +€58,562 | +44.7% |
| Distributable reserves | 133 | €130,903 | €189,465 | +€58,562 | +44.7% |
| Amounts payable | 17/49 | €20,073 | €124,796 | +€104,723 | +521.7% |
| Amounts payable after more than one year | 17 | - | €84,326 | +€84,326 | |
| Financial debts | 170/4 | - | €84,326 | +€84,326 | |
| Amounts payable within one year | 42/48 | €20,073 | €40,141 | +€20,068 | +100.0% |
| Current portion of amounts payable after more than one year | 42 | - | €24,629 | +€24,629 | |
| Trade debts | 44 | €2,794 | €2,136 | -€658 | -23.6% |
| Suppliers | 440/4 | €2,794 | €2,136 | -€658 | -23.6% |
| Taxes, remuneration and social security | 45 | €17,279 | €13,376 | -€3,903 | -22.6% |
| Taxes | 450/3 | €14,279 | €10,376 | -€3,903 | -27.3% |
| Remuneration and social security | 454/9 | €3,000 | €3,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €330 | +€330 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,277 | €2,561 | +€1,284 | +100.5% |
| Other operating charges | 640/8 | €220 | €692 | +€472 | +214.8% |
| Gross operating margin | 9900 | €73,785 | €79,574 | +€5,790 | +7.8% |
| Operating profit (loss) | 9901 | €72,288 | €76,322 | +€4,034 | +5.6% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €149 | €2,733 | +€2,584 | +1737.6% |
| Recurring financial charges | 65 | €149 | €2,733 | +€2,584 | +1737.6% |
| Profit (loss) for the period before taxes | 9903 | €72,140 | €73,589 | +€1,449 | +2.0% |
| Income taxes | 67/77 | €15,730 | €15,027 | -€704 | -4.5% |
| Profit (loss) for the period | 9904 | €56,409 | €58,562 | +€2,153 | +3.8% |
| Profit (loss) for the period to be appropriated | 9905 | €56,409 | €58,562 | +€2,153 | +3.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.