FLAVIA DISTEFANO: 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.
FLAVIA DISTEFANO
Largest movements
- Receivables within one year -€472
down €472 (-61.8%), from €764 to €292
- Deferred charges and accrued income -€332
down €332 (-100%), from €332 to €0
- Profit (loss) carried forward -€6,979
down €6,979 (-2.5%), from -€276,231 to -€283,210
- Other debts +€6,192
up €6,192 (+42.2%), from €14,674 to €20,866
- Gross operating margin -€3,695
down €3,695 (-120%), from -€3,092 to -€6,787
- Other operating charges -€198
down €198 (-94.6%), from €209 to €11
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 | €2,237 | €1,428 | -€809 | -36.2% |
| Fixed assets | 21/28 | €950 | €950 | = | 0.0% |
| Financial fixed assets | 28 | €950 | €950 | = | 0.0% |
| Current assets | 29/58 | €1,287 | €478 | -€809 | -62.9% |
| Amounts receivable within one year | 40/41 | €764 | €292 | -€472 | -61.8% |
| Other amounts receivable | 41 | €764 | €292 | -€472 | -61.8% |
| Cash at bank and in hand | 54/58 | €191 | €186 | -€5 | -2.5% |
| Deferred charges and accrued income | 490/1 | €332 | €0 | -€332 | -100% |
| Total equity and liabilities | 10/49 | €2,237 | €1,428 | -€809 | -36.2% |
| Equity | 10/15 | -€13,171 | -€20,150 | -€6,979 | -53.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €256,860 | €256,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €255,000 | €255,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€276,231 | -€283,210 | -€6,979 | -2.5% |
| Amounts payable | 17/49 | €15,408 | €21,578 | +€6,170 | +40.0% |
| Amounts payable within one year | 42/48 | €15,076 | €21,265 | +€6,190 | +41.1% |
| Trade debts | 44 | €402 | €400 | -€2 | -0.5% |
| Suppliers | 440/4 | €402 | €400 | -€2 | -0.5% |
| Other amounts payable | 47/48 | €14,674 | €20,866 | +€6,192 | +42.2% |
| Accrued charges and deferred income | 492/3 | €333 | €313 | -€20 | -6.0% |
| Other operating charges | 640/8 | €209 | €11 | -€198 | -94.6% |
| Gross operating margin | 9900 | -€3,092 | -€6,787 | -€3,695 | -120% |
| Operating profit (loss) | 9901 | -€3,301 | -€6,798 | -€3,497 | -106% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €181 | €181 | +€0 | +0.1% |
| Recurring financial charges | 65 | €181 | €181 | +€0 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | -€3,482 | -€6,979 | -€3,497 | -100% |
| Income taxes | 67/77 | - | €0 | +€0 | |
| Profit (loss) for the period | 9904 | -€3,482 | -€6,979 | -€3,497 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,482 | -€6,979 | -€3,497 | -100% |
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 26 October 2026 via checked.be.