FLB: 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.
FLB
Largest movements
- Receivables within one year -€146,622
down €146,622 (-48.9%), from €299,895 to €153,273
of which Trade receivables: -€90,950
- Stocks and contracts -€73,734
no longer reported in 2024 (was €73,734)
- Cash +€32,144
up €32,144 (+125%), from €25,672 to €57,816
mainly Receivables within one year (+€146,622) and Stocks and contracts (+€73,734)
- Tangible fixed assets -€5,655
down €5,655 (-24.1%), from €23,475 to €17,820
- Trade debts -€195,208
down €195,208 (-91.3%), from €213,920 to €18,712
- Other debts -€102,170
no longer reported in 2024 (was €102,170)
- Profit (loss) carried forward +€64,510
up €64,510 (+77.3%), from €83,412 to €147,922
- Tax, wage and social debts +€39,001
up €39,001 (+183%), from €21,274 to €60,276
- Gross operating margin -€20,335
down €20,335 (-20.0%), from €101,917 to €81,582
- Financial income +€4,852
up €4,852 (+163%), from €2,982 to €7,834
- Taxes -€3,228
down €3,228 (-15.9%), from €20,279 to €17,051
- Financial charges +€1,244
up €1,244 (+714%), from €174 to €1,418
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €422,777 | €228,909 | -€193,867 | -45.9% |
| Fixed assets | 21/28 | €23,475 | €17,820 | -€5,655 | -24.1% |
| Tangible fixed assets | 22/27 | €23,475 | €17,820 | -€5,655 | -24.1% |
| Plant, machinery and equipment | 23 | €23,475 | €17,820 | -€5,655 | -24.1% |
| Current assets | 29/58 | €399,302 | €211,089 | -€188,212 | -47.1% |
| Stocks and contracts in progress | 3 | €73,734 | - | -€73,734 | |
| Stocks | 30/36 | €73,734 | - | -€73,734 | |
| Amounts receivable within one year | 40/41 | €299,895 | €153,273 | -€146,622 | -48.9% |
| Trade receivables | 40 | €93,600 | €2,650 | -€90,950 | -97.2% |
| Other amounts receivable | 41 | €206,295 | €150,623 | -€55,672 | -27.0% |
| Cash at bank and in hand | 54/58 | €25,672 | €57,816 | +€32,144 | +125% |
| Total equity and liabilities | 10/49 | €422,777 | €228,909 | -€193,867 | -45.9% |
| Equity | 10/15 | €85,412 | €149,922 | +€64,510 | +75.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €83,412 | €147,922 | +€64,510 | +77.3% |
| Amounts payable | 17/49 | €337,364 | €78,987 | -€258,377 | -76.6% |
| Amounts payable within one year | 42/48 | €337,364 | €78,987 | -€258,377 | -76.6% |
| Trade debts | 44 | €213,920 | €18,712 | -€195,208 | -91.3% |
| Suppliers | 440/4 | €213,920 | €18,712 | -€195,208 | -91.3% |
| Taxes, remuneration and social security | 45 | €21,274 | €60,276 | +€39,001 | +183% |
| Taxes | 450/3 | €21,274 | €60,276 | +€39,001 | +183% |
| Other amounts payable | 47/48 | €102,170 | - | -€102,170 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,800 | €5,655 | +€855 | +17.8% |
| Other operating charges | 640/8 | - | €782 | +€782 | |
| Gross operating margin | 9900 | €101,917 | €81,582 | -€20,335 | -20.0% |
| Operating profit (loss) | 9901 | €97,117 | €75,145 | -€21,972 | -22.6% |
| Financial income | 75/76B | €2,982 | €7,834 | +€4,852 | +163% |
| Recurring financial income | 75 | €2,982 | €7,834 | +€4,852 | +163% |
| Financial charges | 65/66B | €174 | €1,418 | +€1,244 | +714% |
| Recurring financial charges | 65 | €174 | €1,418 | +€1,244 | +714% |
| Profit (loss) for the period before taxes | 9903 | €99,925 | €81,561 | -€18,363 | -18.4% |
| Income taxes | 67/77 | €20,279 | €17,051 | -€3,228 | -15.9% |
| Profit (loss) for the period | 9904 | €79,646 | €64,510 | -€15,136 | -19.0% |
| Profit (loss) for the period to be appropriated | 9905 | €79,646 | €64,510 | -€15,136 | -19.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.