FLaureys: 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.
What changed
FLaureys
NACE 33.130, Repair, maintenance and installation of machinery and equipment
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€10,200
2024 · -€5,771+€15,971
Equity
€25,866
2024 · €15,667+€10,199
Cash
€6,029
2024 · €13,424-€7,395
Balance sheet total
€58,427
2024 · €26,085+€32,342
Largest movements
Assets
- Tangible fixed assets +€46,300
up €46,300 (+1,098%), from €4,218 to €50,518
of which Plant, machinery and equipment: +€40,475
- Cash -€7,395
down €7,395 (-55.1%), from €13,424 to €6,029
mainly Investment in fixed assets (net) (-€51,325) and Trade debts (-€465)
- Stocks and contracts -€3,971
down €3,971 (-80.6%), from €4,925 to €954
of which Stocks: -€2,673
- Current investments -€2,351
down €2,351 (-100%), from €2,351 to €0
Equity and liabilities
- Short-term financial debts +€11,338
up €11,338 (+565%), from €2,005 to €13,343
of which Other loans: +€11,338
- Advances received +€11,091
up €11,091 (+176%), from €6,301 to €17,392
- Profit (loss) carried forward +€10,199
up €10,199 (+563%), from €1,811 to €12,010
Income statement
- Turnover +€28,591
up €28,591 (+166%), from €17,266 to €45,857
- Gross operating margin +€22,925
up €22,925 (+226%), from €10,155 to €33,080
- Write-downs +€7,349
up €7,349 (+4,349%), from €169 to €7,518
- Other operating charges -€6,107
down €6,107 (-37.9%), from €16,107 to €10,000
- Purchases and services +€5,773
up €5,773 (+80.5%), from €7,176 to €12,949
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.
Result 2024
-€5,771
Gross operating margin
+€22,925
Depreciation
-€3,240
Write-downs
-€7,349
Provisions
-€2,630
Other operating charges
+€6,107
Other operating items
+€4
Financial income
-€7
Financial charges
-€4
Taxes
+€164
Result 2025
€10,200
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€30,241
Investment
-€48,974
Financing
+€11,338
Cash 2024
€13,424
From operations (derived)
+€30,241
Net result for the year
+€10,200
Depreciation
+€5,266
Stocks and contracts
+€3,971
Trade debts
-€465
Tax, wage and social debts
+€179
Advances received
+€11,091
Investment (derived)
-€48,974
Investment in fixed assets (net)
-€51,325
Current investments
+€2,351
Financing
+€11,338
Short-term financial debts
+€11,338
Contributions, distributions and other
-€0
Cash 2025
€6,029
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €26,085 | €58,427 | +€32,342 | +124% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €5,385 | €51,444 | +€46,059 | +855% |
| Intangible fixed assets | 21 | €1,167 | €926 | -€241 | -20.7% |
| Tangible fixed assets | 22/27 | €4,218 | €50,518 | +€46,300 | +1,098% |
| Land and buildings | 22 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €4,218 | €44,693 | +€40,475 | +960% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Leasing and similar rights | 25 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Assets under construction and advance payments | 27 | €0 | €5,825 | +€5,825 | |
| Financial fixed assets | 28 | €0 | €0 | = | |
| Current assets | 29/58 | €20,700 | €6,983 | -€13,717 | -66.3% |
| Amounts receivable after more than one year | 29 | €0 | €0 | = | |
| Trade receivables | 290 | €0 | €0 | = | |
| Other amounts receivable | 291 | €0 | €0 | = | |
| Stocks and contracts in progress | 3 | €4,925 | €954 | -€3,971 | -80.6% |
| Stocks | 30/36 | €3,627 | €954 | -€2,673 | -73.7% |
| Contracts in progress | 37 | €1,298 | €0 | -€1,298 | -100% |
| Amounts receivable within one year | 40/41 | €0 | €0 | = | |
| Trade receivables | 40 | - | €0 | = | |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Current investments | 50/53 | €2,351 | €0 | -€2,351 | -100% |
| Cash at bank and in hand | 54/58 | €13,424 | €6,029 | -€7,395 | -55.1% |
| Deferred charges and accrued income | 490/1 | €0 | €0 | = | |
| Total equity and liabilities | 10/49 | €26,085 | €58,427 | +€32,342 | +124% |
| Equity | 10/15 | €15,667 | €25,866 | +€10,199 | +65.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Revaluation surpluses | 12 | €0 | €0 | = | |
| Reserves | 13 | €1,456 | €1,456 | +€0 | 0.0% |
| Non-distributable reserves | 130/1 | €1,456 | €1,456 | +€0 | 0.0% |
| Reserves not available under the articles | 1311 | €1,456 | €1,456 | +€0 | 0.0% |
| Own shares acquired | 1312 | €0 | €0 | = | |
| Financial assistance | 1313 | €0 | €0 | = | |
| Other | 1319 | €0 | €0 | = | |
| Tax-exempt reserves | 132 | €0 | €0 | = | |
| Distributable reserves | 133 | €0 | €0 | = | |
| Profit (loss) carried forward | 14 | €1,811 | €12,010 | +€10,199 | +563% |
| Investment grants | 15 | €0 | €0 | = | |
| Advance to shareholders on the distribution of net assets | 19 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Pensions and similar obligations | 160 | €0 | - | = | |
| Taxes | 161 | €0 | - | = | |
| Major repairs and maintenance | 162 | €0 | - | = | |
| Environmental obligations | 163 | €0 | - | = | |
| Other liabilities and charges | 164/5 | €0 | - | = | |
| Deferred taxes | 168 | €0 | - | = | |
| Amounts payable | 17/49 | €10,418 | €32,561 | +€22,143 | +213% |
| Amounts payable after more than one year | 17 | €0 | €0 | = | |
| Financial debts | 170/4 | €0 | €0 | = | |
| Trade debts | 175 | €0 | €0 | = | |
| Advances received on contracts in progress | 176 | €0 | €0 | = | |
| Other amounts payable | 178/9 | €0 | €0 | = | |
| Amounts payable within one year | 42/48 | €10,418 | €32,561 | +€22,143 | +213% |
| Current portion of amounts payable after more than one year | 42 | €0 | €0 | = | |
| Financial debts | 43 | €2,005 | €13,343 | +€11,338 | +565% |
| Credit institutions | 430/8 | €0 | €0 | = | |
| Other loans | 439 | €2,005 | €13,343 | +€11,338 | +565% |
| Trade debts | 44 | €465 | €0 | -€465 | -100% |
| Suppliers | 440/4 | €465 | €0 | -€465 | -100% |
| Bills of exchange payable | 441 | €0 | €0 | = | |
| Advances received on contracts in progress | 46 | €6,301 | €17,392 | +€11,091 | +176% |
| Taxes, remuneration and social security | 45 | €1,647 | €1,826 | +€179 | +10.9% |
| Taxes | 450/3 | €1,647 | €1,826 | +€179 | +10.9% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €0 | €0 | = | |
| Accrued charges and deferred income | 492/3 | €0 | €0 | = | |
| Turnover | 70 | €17,266 | €45,857 | +€28,591 | +166% |
| Non-recurring operating income | 76A | €65 | €0 | -€65 | -100% |
| Goods, raw materials, services and sundry goods | 60/61 | €7,176 | €12,949 | +€5,773 | +80.5% |
| Remuneration, social security and pensions | 62 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,026 | €5,266 | +€3,240 | +160% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €169 | €7,518 | +€7,349 | +4,349% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€2,630 | €0 | +€2,630 | |
| Other operating charges | 640/8 | €16,107 | €10,000 | -€6,107 | -37.9% |
| Non-recurring operating charges | 66A | €4 | €0 | -€4 | -100% |
| Gross operating margin | 9900 | €10,155 | €33,080 | +€22,925 | +226% |
| Operating profit (loss) | 9901 | -€5,521 | €10,296 | +€15,817 | |
| Financial income | 75/76B | €7 | €0 | -€7 | -99.3% |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Non-recurring financial income | 76B | €7 | €0 | -€7 | -100% |
| Financial charges | 65/66B | €68 | €72 | +€4 | +6.1% |
| Recurring financial charges | 65 | €68 | €72 | +€4 | +6.1% |
| Non-recurring financial charges | 66B | €0 | €0 | = | |
| Profit (loss) for the period before taxes | 9903 | -€5,582 | €10,224 | +€15,806 | |
| Transfer from deferred taxes | 780 | €0 | €0 | = | |
| Transfer to deferred taxes | 680 | €0 | €0 | = | |
| Income taxes | 67/77 | €189 | €25 | -€164 | -86.9% |
| Profit (loss) for the period | 9904 | -€5,771 | €10,200 | +€15,971 | |
| Transfer from tax-exempt reserves | 789 | €0 | €0 | = | |
| Transfer to tax-exempt reserves | 689 | €0 | €0 | = | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,771 | €10,200 | +€15,971 |
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 15 October 2026 via checked.be.