FLAUGES: 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.
FLAUGES
Largest movements
- Tangible fixed assets -€34,335
down €34,335 (-8.1%), from €425,844 to €391,509
of which Land and buildings: -€35,650
- Receivables within one year +€17,070
up €17,070 (+8.7%), from €196,922 to €213,992
of which Other amounts receivable: +€19,275
- Profit (loss) carried forward -€48,698
down €48,698 (-4.4%), from -€1.1m to -€1.2m
- Other debts +€24,163
up €24,163 (+4.3%), from €565,386 to €589,548
- Depreciation +€3,724
up €3,724 (+9.1%), from €41,135 to €44,860
- Financial charges +€2,052
up €2,052 (+5.9%), from €34,602 to €36,654
- Gross operating margin +€1,530
up €1,530 (+5.3%), from €28,774 to €30,304
- Financial income -€757
down €757 (-9.0%), from €8,400 to €7,643
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 | €628,458 | €608,807 | -€19,650 | -3.1% |
| Fixed assets | 21/28 | €425,844 | €391,509 | -€34,335 | -8.1% |
| Tangible fixed assets | 22/27 | €425,844 | €391,509 | -€34,335 | -8.1% |
| Land and buildings | 22 | €425,844 | €390,194 | -€35,650 | -8.4% |
| Furniture and vehicles | 24 | - | €1,315 | +€1,315 | |
| Current assets | 29/58 | €202,613 | €217,298 | +€14,685 | +7.2% |
| Amounts receivable within one year | 40/41 | €196,922 | €213,992 | +€17,070 | +8.7% |
| Trade receivables | 40 | €2,205 | €0 | -€2,205 | -100.0% |
| Other amounts receivable | 41 | €194,717 | €213,992 | +€19,275 | +9.9% |
| Cash at bank and in hand | 54/58 | €1,794 | €43 | -€1,752 | -97.6% |
| Deferred charges and accrued income | 490/1 | €3,897 | €3,264 | -€633 | -16.3% |
| Total equity and liabilities | 10/49 | €628,458 | €608,807 | -€19,650 | -3.1% |
| Equity | 10/15 | €25,532 | -€23,167 | -€48,698 | |
| Contributions | 10/11 | €1,127,916 | €1,127,916 | = | 0.0% |
| Capital | 10 | €1,127,916 | €1,127,916 | = | 0.0% |
| Issued capital | 100 | €1,127,916 | €1,127,916 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,102,384 | -€1,151,082 | -€48,698 | -4.4% |
| Amounts payable | 17/49 | €602,926 | €631,974 | +€29,048 | +4.8% |
| Amounts payable within one year | 42/48 | €574,726 | €600,883 | +€26,156 | +4.6% |
| Trade debts | 44 | €9,341 | €11,334 | +€1,993 | +21.3% |
| Suppliers | 440/4 | €9,341 | €11,334 | +€1,993 | +21.3% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €565,386 | €589,548 | +€24,163 | +4.3% |
| Accrued charges and deferred income | 492/3 | €28,200 | €31,092 | +€2,892 | +10.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,135 | €44,860 | +€3,724 | +9.1% |
| Other operating charges | 640/8 | €4,631 | €4,841 | +€211 | +4.5% |
| Non-recurring operating charges | 66A | - | €290 | +€290 | |
| Gross operating margin | 9900 | €28,774 | €30,304 | +€1,530 | +5.3% |
| Operating profit (loss) | 9901 | -€16,993 | -€19,688 | -€2,695 | -15.9% |
| Financial income | 75/76B | €8,400 | €7,643 | -€757 | -9.0% |
| Recurring financial income | 75 | €8,400 | €7,643 | -€757 | -9.0% |
| Financial charges | 65/66B | €34,602 | €36,654 | +€2,052 | +5.9% |
| Recurring financial charges | 65 | €34,602 | €36,654 | +€2,052 | +5.9% |
| Profit (loss) for the period before taxes | 9903 | -€43,195 | -€48,698 | -€5,504 | -12.7% |
| Profit (loss) for the period | 9904 | -€43,195 | -€48,698 | -€5,504 | -12.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€43,195 | -€48,698 | -€5,504 | -12.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.