FlatWin: 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.
FlatWin
Largest movements
- Cash +€81,690
up €81,690 (+64.1%), from €127,456 to €209,146
mainly Net result for the year (+€123,899) and Tax, wage and social debts (+€23,903)
- Tangible fixed assets -€12,783
down €12,783 (-9.6%), from €133,703 to €120,920
of which Other tangible fixed assets: -€8,948
- Stocks and contracts -€11,315
down €11,315 (-6.6%), from €171,177 to €159,862
- Profit (loss) carried forward +€123,899
up €123,899 (+79.6%), from €155,728 to €279,627
- Other debts -€100,949
down €100,949 (-40.3%), from €250,222 to €149,273
- Tax, wage and social debts +€23,903
up €23,903 (+92.0%), from €25,992 to €49,895
of which Taxes: +€23,993
- Trade debts +€7,612
up €7,612 (+93.7%), from €8,126 to €15,738
- Gross operating margin +€80,307
up €80,307 (+72.0%), from €111,466 to €191,773
- Taxes +€25,338
up €25,338 (+118.0%), from €21,474 to €46,812
- Financial charges -€6,344
down €6,344 (-94.3%), from €6,727 to €383
- Staff costs -€2,284
down €2,284 (-95.9%), from €2,382 to €98
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 | €478,753 | €531,914 | +€53,161 | +11.1% |
| Fixed assets | 21/28 | €135,483 | €121,710 | -€13,773 | -10.2% |
| Intangible fixed assets | 21 | €1,600 | €790 | -€810 | -50.6% |
| Tangible fixed assets | 22/27 | €133,703 | €120,920 | -€12,783 | -9.6% |
| Plant, machinery and equipment | 23 | €10,297 | €6,780 | -€3,517 | -34.2% |
| Furniture and vehicles | 24 | €529 | €211 | -€318 | -60.1% |
| Other tangible fixed assets | 26 | €122,877 | €113,929 | -€8,948 | -7.3% |
| Financial fixed assets | 28 | €180 | - | -€180 | |
| Current assets | 29/58 | €343,270 | €410,204 | +€66,934 | +19.5% |
| Stocks and contracts in progress | 3 | €171,177 | €159,862 | -€11,315 | -6.6% |
| Stocks | 30/36 | €171,177 | €159,862 | -€11,315 | -6.6% |
| Amounts receivable within one year | 40/41 | €43,443 | €40,573 | -€2,870 | -6.6% |
| Trade receivables | 40 | €43,443 | €40,573 | -€2,870 | -6.6% |
| Cash at bank and in hand | 54/58 | €127,456 | €209,146 | +€81,690 | +64.1% |
| Deferred charges and accrued income | 490/1 | €1,194 | €623 | -€571 | -47.8% |
| Total equity and liabilities | 10/49 | €478,753 | €531,914 | +€53,161 | +11.1% |
| Equity | 10/15 | €193,097 | €316,996 | +€123,899 | +64.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €34,369 | €34,369 | = | 0.0% |
| Distributable reserves | 133 | €34,369 | €34,369 | = | 0.0% |
| Profit (loss) carried forward | 14 | €155,728 | €279,627 | +€123,899 | +79.6% |
| Amounts payable | 17/49 | €285,656 | €214,918 | -€70,738 | -24.8% |
| Amounts payable within one year | 42/48 | €284,340 | €214,906 | -€69,434 | -24.4% |
| Trade debts | 44 | €8,126 | €15,738 | +€7,612 | +93.7% |
| Suppliers | 440/4 | €8,126 | €15,738 | +€7,612 | +93.7% |
| Taxes, remuneration and social security | 45 | €25,992 | €49,895 | +€23,903 | +92.0% |
| Taxes | 450/3 | €25,902 | €49,895 | +€23,993 | +92.6% |
| Remuneration and social security | 454/9 | €90 | - | -€90 | |
| Other amounts payable | 47/48 | €250,222 | €149,273 | -€100,949 | -40.3% |
| Accrued charges and deferred income | 492/3 | €1,316 | €12 | -€1,304 | -99.1% |
| Remuneration, social security and pensions | 62 | €2,382 | €98 | -€2,284 | -95.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,597 | €17,567 | -€30 | -0.2% |
| Other operating charges | 640/8 | €1,440 | €3,016 | +€1,576 | +109.4% |
| Gross operating margin | 9900 | €111,466 | €191,773 | +€80,307 | +72.0% |
| Operating profit (loss) | 9901 | €90,047 | €171,092 | +€81,045 | +90.0% |
| Financial income | 75/76B | €3 | €2 | -€1 | -33.3% |
| Recurring financial income | 75 | €3 | €2 | -€1 | -33.3% |
| Financial charges | 65/66B | €6,727 | €383 | -€6,344 | -94.3% |
| Recurring financial charges | 65 | €6,727 | €383 | -€6,344 | -94.3% |
| Profit (loss) for the period before taxes | 9903 | €83,323 | €170,711 | +€87,388 | +104.9% |
| Income taxes | 67/77 | €21,474 | €46,812 | +€25,338 | +118.0% |
| Profit (loss) for the period | 9904 | €61,849 | €123,899 | +€62,050 | +100.3% |
| Profit (loss) for the period to be appropriated | 9905 | €61,849 | €123,899 | +€62,050 | +100.3% |
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 9 October 2026 via checked.be.