Flavum: 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.
Flavum
Largest movements
- Receivables within one year -€27,894
down €27,894 (-61.8%), from €45,156 to €17,262
of which Trade receivables: -€14,874
- Cash +€21,202
up €21,202 (+29.2%), from €72,591 to €93,793
mainly Other debts (+€70,922) and Receivables within one year (+€27,894)
- Tangible fixed assets +€2,209
up €2,209 (+21.9%), from €10,075 to €12,284
of which Other tangible fixed assets: +€2,660
- Reserves -€92,528
down €92,528 (-75.1%), from €123,132 to €30,605
- Other debts +€70,922
up €70,922, from €0 to €70,922
- Tax, wage and social debts +€13,426
up €13,426 (+162.0%), from €8,286 to €21,712
- Trade debts +€3,369
up €3,369 (+471.0%), from €715 to €4,084
- Financial charges +€51,592
up €51,592 (+11413.4%), from €452 to €52,044
- Gross operating margin -€12,206
down €12,206 (-18.2%), from €67,117 to €54,911
- Taxes -€9,921
down €9,921 (-89.9%), from €11,037 to €1,115
- Other operating charges -€1,045
down €1,045 (-46.9%), from €2,227 to €1,182
- Depreciation +€762
up €762 (+32.6%), from €2,335 to €3,097
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 | €137,134 | €133,238 | -€3,895 | -2.8% |
| Fixed assets | 21/28 | €10,075 | €12,284 | +€2,209 | +21.9% |
| Tangible fixed assets | 22/27 | €10,075 | €12,284 | +€2,209 | +21.9% |
| Plant, machinery and equipment | 23 | €675 | €224 | -€451 | -66.8% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €9,400 | €12,060 | +€2,660 | +28.3% |
| Current assets | 29/58 | €127,058 | €120,955 | -€6,104 | -4.8% |
| Amounts receivable within one year | 40/41 | €45,156 | €17,262 | -€27,894 | -61.8% |
| Trade receivables | 40 | €29,751 | €14,877 | -€14,874 | -50.0% |
| Other amounts receivable | 41 | €15,405 | €2,385 | -€13,020 | -84.5% |
| Cash at bank and in hand | 54/58 | €72,591 | €93,793 | +€21,202 | +29.2% |
| Deferred charges and accrued income | 490/1 | €9,312 | €9,900 | +€588 | +6.3% |
| Total equity and liabilities | 10/49 | €137,134 | €133,238 | -€3,895 | -2.8% |
| Equity | 10/15 | €128,132 | €35,605 | -€92,528 | -72.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €123,132 | €30,605 | -€92,528 | -75.1% |
| Distributable reserves | 133 | €123,132 | €30,605 | -€92,528 | -75.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €9,001 | €97,633 | +€88,632 | +984.7% |
| Amounts payable within one year | 42/48 | €9,001 | €96,718 | +€87,717 | +974.5% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €715 | €4,084 | +€3,369 | +471.0% |
| Suppliers | 440/4 | €715 | €4,084 | +€3,369 | +471.0% |
| Taxes, remuneration and social security | 45 | €8,286 | €21,712 | +€13,426 | +162.0% |
| Taxes | 450/3 | €8,286 | €21,712 | +€13,426 | +162.0% |
| Other amounts payable | 47/48 | €0 | €70,922 | +€70,922 | |
| Accrued charges and deferred income | 492/3 | €0 | €915 | +€915 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,335 | €3,097 | +€762 | +32.6% |
| Other operating charges | 640/8 | €2,227 | €1,182 | -€1,045 | -46.9% |
| Non-recurring operating charges | 66A | €12,413 | €0 | -€12,413 | -100.0% |
| Gross operating margin | 9900 | €67,117 | €54,911 | -€12,206 | -18.2% |
| Operating profit (loss) | 9901 | €50,142 | €50,632 | +€490 | +1.0% |
| Financial income | 75/76B | €18 | €0 | -€18 | -100.0% |
| Recurring financial income | 75 | €18 | €0 | -€18 | -100.0% |
| Financial charges | 65/66B | €452 | €52,044 | +€51,592 | +11413.4% |
| Recurring financial charges | 65 | €452 | €52,044 | +€51,592 | +11413.4% |
| Profit (loss) for the period before taxes | 9903 | €49,707 | -€1,412 | -€51,119 | |
| Income taxes | 67/77 | €11,037 | €1,115 | -€9,921 | -89.9% |
| Profit (loss) for the period | 9904 | €38,670 | -€2,528 | -€41,198 | |
| Profit (loss) for the period to be appropriated | 9905 | €38,670 | -€2,528 | -€41,198 |
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 10 October 2026 via checked.be.