FLB Projects: 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 Projects
Largest movements
- Receivables within one year +€2,008
up €2,008 (+3.6%), from €55,631 to €57,639
of which Trade receivables: +€2,761
- Tangible fixed assets +€1,017
new in 2025: €1,017
- Profit (loss) carried forward +€12,482
up €12,482 (+57.9%), from €21,550 to €34,031
- Advances received -€9,569
down €9,569 (-100%), from €9,569 to €0
- Trade debts +€2,093
up €2,093 (+25.6%), from €8,182 to €10,275
- Tax, wage and social debts -€1,972
down €1,972 (-13.5%), from €14,652 to €12,680
- Financial charges -€11,785
down €11,785 (-94.5%), from €12,474 to €689
- Gross operating margin -€4,445
down €4,445 (-17.1%), from €25,932 to €21,487
- Other operating charges +€2,478
up €2,478 (+128%), from €1,936 to €4,414
- Taxes +€2,096
up €2,096 (+48.3%), from €4,344 to €6,440
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 | €56,453 | €59,487 | +€3,034 | +5.4% |
| Fixed assets | 21/28 | - | €1,017 | +€1,017 | |
| Tangible fixed assets | 22/27 | - | €1,017 | +€1,017 | |
| Plant, machinery and equipment | 23 | - | €1,017 | +€1,017 | |
| Current assets | 29/58 | €56,453 | €58,470 | +€2,017 | +3.6% |
| Amounts receivable within one year | 40/41 | €55,631 | €57,639 | +€2,008 | +3.6% |
| Trade receivables | 40 | €3,910 | €6,670 | +€2,761 | +70.6% |
| Other amounts receivable | 41 | €51,721 | €50,968 | -€753 | -1.5% |
| Cash at bank and in hand | 54/58 | €822 | €831 | +€10 | +1.2% |
| Total equity and liabilities | 10/49 | €56,453 | €59,487 | +€3,034 | +5.4% |
| Equity | 10/15 | €24,050 | €36,531 | +€12,482 | +51.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,550 | €34,031 | +€12,482 | +57.9% |
| Amounts payable | 17/49 | €32,403 | €22,955 | -€9,448 | -29.2% |
| Amounts payable within one year | 42/48 | €32,403 | €22,955 | -€9,448 | -29.2% |
| Trade debts | 44 | €8,182 | €10,275 | +€2,093 | +25.6% |
| Suppliers | 440/4 | €8,182 | €10,275 | +€2,093 | +25.6% |
| Advances received on contracts in progress | 46 | €9,569 | €0 | -€9,569 | -100% |
| Taxes, remuneration and social security | 45 | €14,652 | €12,680 | -€1,972 | -13.5% |
| Taxes | 450/3 | €14,652 | €12,680 | -€1,972 | -13.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €113 | +€113 | |
| Other operating charges | 640/8 | €1,936 | €4,414 | +€2,478 | +128% |
| Gross operating margin | 9900 | €25,932 | €21,487 | -€4,445 | -17.1% |
| Operating profit (loss) | 9901 | €23,996 | €16,960 | -€7,036 | -29.3% |
| Financial income | 75/76B | €2,621 | €2,651 | +€30 | +1.1% |
| Recurring financial income | 75 | €2,621 | €2,651 | +€30 | +1.1% |
| Financial charges | 65/66B | €12,474 | €689 | -€11,785 | -94.5% |
| Recurring financial charges | 65 | €12,474 | €689 | -€11,785 | -94.5% |
| Profit (loss) for the period before taxes | 9903 | €14,143 | €18,922 | +€4,779 | +33.8% |
| Income taxes | 67/77 | €4,344 | €6,440 | +€2,096 | +48.3% |
| Profit (loss) for the period | 9904 | €9,799 | €12,482 | +€2,683 | +27.4% |
| Profit (loss) for the period to be appropriated | 9905 | €9,799 | €12,482 | +€2,683 | +27.4% |
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 14 October 2026 via checked.be.