FLAWAL: 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.
FLAWAL
Largest movements
- Tangible fixed assets +€10,929
up €10,929 (+1.8%), from €616,328 to €627,256
- Receivables within one year -€8,141
down €8,141 (-82.0%), from €9,928 to €1,787
- Other debts +€33,938
up €33,938 (+5.3%), from €644,035 to €677,973
- Debts after one year -€27,696
down €27,696 (-17.4%), from €159,369 to €131,673
- Gross operating margin -€8,176
down €8,176 (-43.1%), from €18,987 to €10,811
- Financial charges -€3,330
down €3,330 (-23.6%), from €14,080 to €10,750
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 | €641,608 | €644,452 | +€2,844 | +0.4% |
| Fixed assets | 21/28 | €617,328 | €628,256 | +€10,929 | +1.8% |
| Tangible fixed assets | 22/27 | €616,328 | €627,256 | +€10,929 | +1.8% |
| Land and buildings | 22 | €616,328 | €627,256 | +€10,929 | +1.8% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €24,280 | €16,195 | -€8,084 | -33.3% |
| Stocks and contracts in progress | 3 | €13,435 | €13,435 | = | 0.0% |
| Stocks | 30/36 | €13,435 | €13,435 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €9,928 | €1,787 | -€8,141 | -82.0% |
| Trade receivables | 40 | €9,928 | €1,787 | -€8,141 | -82.0% |
| Cash at bank and in hand | 54/58 | - | €628 | +€628 | |
| Deferred charges and accrued income | 490/1 | €917 | €345 | -€572 | -62.4% |
| Total equity and liabilities | 10/49 | €641,608 | €644,452 | +€2,844 | +0.4% |
| Equity | 10/15 | -€247,698 | -€249,852 | -€2,154 | -0.9% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€347,698 | -€349,852 | -€2,154 | -0.6% |
| Amounts payable | 17/49 | €889,305 | €894,304 | +€4,998 | +0.6% |
| Amounts payable after more than one year | 17 | €159,369 | €131,673 | -€27,696 | -17.4% |
| Financial debts | 170/4 | €159,369 | €131,673 | -€27,696 | -17.4% |
| Amounts payable within one year | 42/48 | €727,721 | €758,201 | +€30,479 | +4.2% |
| Current portion of amounts payable after more than one year | 42 | €24,191 | €27,697 | +€3,505 | +14.5% |
| Financial debts | 43 | €2,837 | - | -€2,837 | |
| Credit institutions | 430/8 | €2,837 | - | -€2,837 | |
| Trade debts | 44 | €55,060 | €52,530 | -€2,530 | -4.6% |
| Suppliers | 440/4 | €55,060 | €52,530 | -€2,530 | -4.6% |
| Taxes, remuneration and social security | 45 | €1,598 | €2 | -€1,596 | -99.9% |
| Taxes | 450/3 | €1,598 | €2 | -€1,596 | -99.9% |
| Other amounts payable | 47/48 | €644,035 | €677,973 | +€33,938 | +5.3% |
| Accrued charges and deferred income | 492/3 | €2,215 | €4,430 | +€2,215 | +100.0% |
| Other operating charges | 640/8 | €2,215 | €2,215 | = | 0.0% |
| Gross operating margin | 9900 | €18,987 | €10,811 | -€8,176 | -43.1% |
| Operating profit (loss) | 9901 | €16,772 | €8,596 | -€8,176 | -48.7% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €14,080 | €10,750 | -€3,330 | -23.6% |
| Recurring financial charges | 65 | €14,080 | €10,750 | -€3,330 | -23.6% |
| Profit (loss) for the period before taxes | 9903 | €2,692 | -€2,154 | -€4,846 | |
| Profit (loss) for the period | 9904 | €2,692 | -€2,154 | -€4,846 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,692 | -€2,154 | -€4,846 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.