FLATRACO: 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.
FLATRACO
Largest movements
- Cash +€102,071
up €102,071 (+34.4%), from €296,994 to €399,065
mainly Receivables within one year (+€100,244) and Net result for the year (+€5,761)
- Receivables within one year -€100,244
down €100,244 (-44.7%), from €224,404 to €124,160
of which Trade receivables: -€103,422
- Provisions -€7,500
down €7,500 (-40.5%), from €18,500 to €11,000
- Profit (loss) carried forward +€5,761
up €5,761 (+2.2%), from €261,170 to €266,931
- Provisions -€15,000
down €15,000, from €7,500 to -€7,500
- Gross operating margin -€12,077
down €12,077 (-47.2%), from €25,573 to €13,497
- Taxes +€2,002
up €2,002 (+49.8%), from €4,020 to €6,022
- Other operating charges +€698
up €698 (+9.4%), from €7,420 to €8,118
- Financial income +€645
up €645 (+11,701%), from €6 to €650
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 | €521,398 | €523,225 | +€1,827 | +0.4% |
| Current assets | 29/58 | €521,398 | €523,225 | +€1,827 | +0.4% |
| Amounts receivable within one year | 40/41 | €224,404 | €124,160 | -€100,244 | -44.7% |
| Trade receivables | 40 | €201,158 | €97,737 | -€103,422 | -51.4% |
| Other amounts receivable | 41 | €23,245 | €26,424 | +€3,178 | +13.7% |
| Cash at bank and in hand | 54/58 | €296,994 | €399,065 | +€102,071 | +34.4% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €521,398 | €523,225 | +€1,827 | +0.4% |
| Equity | 10/15 | €285,967 | €291,728 | +€5,761 | +2.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | €261,170 | €266,931 | +€5,761 | +2.2% |
| Provisions and deferred taxes | 16 | €18,500 | €11,000 | -€7,500 | -40.5% |
| Provisions for liabilities and charges | 160/5 | €18,500 | €11,000 | -€7,500 | -40.5% |
| Other liabilities and charges | 164/5 | €18,500 | €11,000 | -€7,500 | -40.5% |
| Amounts payable | 17/49 | €216,931 | €220,497 | +€3,566 | +1.6% |
| Amounts payable within one year | 42/48 | €213,931 | €218,929 | +€4,999 | +2.3% |
| Trade debts | 44 | €212,631 | €214,607 | +€1,977 | +0.9% |
| Suppliers | 440/4 | €212,631 | €214,607 | +€1,977 | +0.9% |
| Taxes, remuneration and social security | 45 | €1,300 | €4,322 | +€3,022 | +232% |
| Taxes | 450/3 | €1,300 | €4,322 | +€3,022 | +232% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €3,000 | €1,568 | -€1,433 | -47.8% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €7,500 | -€7,500 | -€15,000 | |
| Other operating charges | 640/8 | €7,420 | €8,118 | +€698 | +9.4% |
| Gross operating margin | 9900 | €25,573 | €13,497 | -€12,077 | -47.2% |
| Operating profit (loss) | 9901 | €10,653 | €12,878 | +€2,225 | +20.9% |
| Financial income | 75/76B | €6 | €650 | +€645 | +11,701% |
| Recurring financial income | 75 | €6 | €650 | +€645 | +11,701% |
| Financial charges | 65/66B | €2,157 | €1,746 | -€412 | -19.1% |
| Recurring financial charges | 65 | €2,157 | €1,746 | -€412 | -19.1% |
| Profit (loss) for the period before taxes | 9903 | €8,501 | €11,783 | +€3,282 | +38.6% |
| Income taxes | 67/77 | €4,020 | €6,022 | +€2,002 | +49.8% |
| Profit (loss) for the period | 9904 | €4,481 | €5,761 | +€1,280 | +28.6% |
| Profit (loss) for the period to be appropriated | 9905 | €4,481 | €5,761 | +€1,280 | +28.6% |
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 17 October 2026 via checked.be.