FLAVA GROUPE: 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.
FLAVA GROUPE
Largest movements
- Financial fixed assets -€20.7m
down €20.7m (-45.5%), from €45.4m to €24.7m
- Cash -€800,803
down €800,803 (-94.0%), from €852,261 to €51,457
mainly Net result for the year (-€45.0m) and Current investments (-€700,000)
- Current investments +€700,000
up €700,000 (+17.5%), from €4.0m to €4.7m
- Profit (loss) carried forward -€45.0m
down €45.0m (-54.5%), from -€82.5m to -€127.5m
- Other debts +€24.2m
up €24.2m (+18.2%), from €132.7m to €156.9m
- Financial charges +€45.6m
up €45.6m (+654,263%), from €6,972 to €45.6m
of which Non-recurring financial charges: +€45.6m
- Financial income +€203,158
up €203,158 (+43.3%), from €469,723 to €672,881
- Gross operating margin -€1,986
down €1,986 (-28.3%), from -€7,010 to -€8,996
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 | €50,243,281 | €29,484,973 | -€20.8m | -41.3% |
| Fixed assets | 21/28 | €45,391,020 | €24,733,515 | -€20.7m | -45.5% |
| Financial fixed assets | 28 | €45,391,020 | €24,733,515 | -€20.7m | -45.5% |
| Current assets | 29/58 | €4,852,261 | €4,751,457 | -€100,803 | -2.1% |
| Current investments | 50/53 | €4,000,000 | €4,700,000 | +€700,000 | +17.5% |
| Cash at bank and in hand | 54/58 | €852,261 | €51,457 | -€800,803 | -94.0% |
| Total equity and liabilities | 10/49 | €50,243,281 | €29,484,973 | -€20.8m | -41.3% |
| Equity | 10/15 | -€82,438,742 | -€127,397,161 | -€45.0m | -54.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€82,500,742 | -€127,459,161 | -€45.0m | -54.5% |
| Amounts payable | 17/49 | €132,682,023 | €156,882,134 | +€24.2m | +18.2% |
| Amounts payable within one year | 42/48 | €132,682,023 | €156,882,134 | +€24.2m | +18.2% |
| Trade debts | 44 | €197 | €307 | +€111 | +56.2% |
| Suppliers | 440/4 | €197 | €307 | +€111 | +56.2% |
| Other amounts payable | 47/48 | €132,681,826 | €156,881,826 | +€24.2m | +18.2% |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Gross operating margin | 9900 | -€7,010 | -€8,996 | -€1,986 | -28.3% |
| Operating profit (loss) | 9901 | -€7,978 | -€9,995 | -€2,017 | -25.3% |
| Financial income | 75/76B | €469,723 | €672,881 | +€203,158 | +43.3% |
| Recurring financial income | 75 | €469,723 | €672,881 | +€203,158 | +43.3% |
| Financial charges | 65/66B | €6,972 | €45,621,305 | +€45.6m | +654,263% |
| Recurring financial charges | 65 | €6,972 | €21,305 | +€14,333 | +206% |
| Non-recurring financial charges | 66B | - | €45,600,000 | +€45.6m | |
| Profit (loss) for the period before taxes | 9903 | €454,773 | -€44,958,418 | -€45.4m | |
| Profit (loss) for the period | 9904 | €454,773 | -€44,958,418 | -€45.4m | |
| Profit (loss) for the period to be appropriated | 9905 | €454,773 | -€44,958,418 | -€45.4m |
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 25 October 2026 via checked.be.