FLATIZ: 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.
FLATIZ
Largest movements
- Formation expenses +€360,000
new in 2025: €360,000
- Stocks and contracts +€100,767
new in 2025: €100,767
- Tangible fixed assets +€73,607
up €73,607, from €0 to €73,607
of which Plant, machinery and equipment: +€46,711
- Cash +€71,216
up €71,216 (+77.2%), from €92,269 to €163,486
mainly Trade debts (+€312,930) and Debts after one year (+€226,018)
- Receivables within one year +€11,645
up €11,645 (+1827.2%), from €637 to €12,282
of which Other amounts receivable: +€12,030
- Trade debts +€312,930
up €312,930 (+81398.9%), from €384 to €313,314
- Debts after one year +€226,018
new in 2025: €226,018
- Current portion of long-term debt +€39,306
new in 2025: €39,306
- Tax, wage and social debts +€26,525
new in 2025: €26,525
- Other debts +€23,005
up €23,005 (+43.3%), from €53,111 to €76,116
- Gross operating margin +€290,893
up €290,893, from -€654 to €290,239
- Staff costs +€224,426
up €224,426, from -€265 to €224,160
- Depreciation +€42,261
up €42,261 (+8005.4%), from €528 to €42,788
- Financial charges +€29,703
up €29,703 (+13333.3%), from €223 to €29,925
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 | €93,172 | €712,942 | +€619,770 | +665.2% |
| Formation expenses | 20 | - | €360,000 | +€360,000 | |
| Fixed assets | 21/28 | €0 | €73,607 | +€73,607 | |
| Tangible fixed assets | 22/27 | €0 | €73,607 | +€73,607 | |
| Plant, machinery and equipment | 23 | €0 | €46,711 | +€46,711 | |
| Furniture and vehicles | 24 | - | €26,896 | +€26,896 | |
| Current assets | 29/58 | €93,172 | €279,335 | +€186,163 | +199.8% |
| Stocks and contracts in progress | 3 | - | €100,767 | +€100,767 | |
| Stocks | 30/36 | - | €100,767 | +€100,767 | |
| Amounts receivable within one year | 40/41 | €637 | €12,282 | +€11,645 | +1827.2% |
| Trade receivables | 40 | €384 | - | -€384 | |
| Other amounts receivable | 41 | €253 | €12,282 | +€12,030 | +4757.0% |
| Cash at bank and in hand | 54/58 | €92,269 | €163,486 | +€71,216 | +77.2% |
| Deferred charges and accrued income | 490/1 | €265 | €2,800 | +€2,534 | +954.8% |
| Total equity and liabilities | 10/49 | €93,172 | €712,942 | +€619,770 | +665.2% |
| Equity | 10/15 | €39,677 | €31,663 | -€8,014 | -20.2% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,323 | -€18,337 | -€8,014 | -77.6% |
| Amounts payable | 17/49 | €53,495 | €681,279 | +€627,784 | +1173.5% |
| Amounts payable after more than one year | 17 | - | €226,018 | +€226,018 | |
| Financial debts | 170/4 | - | €226,018 | +€226,018 | |
| Amounts payable within one year | 42/48 | €53,495 | €455,261 | +€401,766 | +751.0% |
| Current portion of amounts payable after more than one year | 42 | - | €39,306 | +€39,306 | |
| Trade debts | 44 | €384 | €313,314 | +€312,930 | +81398.9% |
| Suppliers | 440/4 | €384 | €313,314 | +€312,930 | +81398.9% |
| Taxes, remuneration and social security | 45 | - | €26,525 | +€26,525 | |
| Remuneration and social security | 454/9 | - | €26,525 | +€26,525 | |
| Other amounts payable | 47/48 | €53,111 | €76,116 | +€23,005 | +43.3% |
| Remuneration, social security and pensions | 62 | -€265 | €224,160 | +€224,426 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €528 | €42,788 | +€42,261 | +8005.4% |
| Other operating charges | 640/8 | €384 | €1,562 | +€1,177 | +306.2% |
| Gross operating margin | 9900 | -€654 | €290,239 | +€290,893 | |
| Operating profit (loss) | 9901 | -€1,301 | €21,729 | +€23,030 | |
| Financial income | 75/76B | €410 | €182 | -€228 | -55.5% |
| Recurring financial income | 75 | €410 | €182 | -€228 | -55.5% |
| Financial charges | 65/66B | €223 | €29,925 | +€29,703 | +13333.3% |
| Recurring financial charges | 65 | €223 | €29,925 | +€29,703 | +13333.3% |
| Profit (loss) for the period before taxes | 9903 | -€1,114 | -€8,014 | -€6,900 | -619.7% |
| Profit (loss) for the period | 9904 | -€1,114 | -€8,014 | -€6,900 | -619.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,114 | -€8,014 | -€6,900 | -619.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.