FLC IMMO: 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.
FLC IMMO
Largest movements
- Cash +€415,281
up €415,281 (+878.2%), from €47,288 to €462,569
mainly Current investments (+€300,000) and Net result for the year (+€156,777)
- Current investments -€300,000
no longer reported in 2025 (was €300,000)
- Tangible fixed assets -€10,855
down €10,855 (-4.0%), from €271,378 to €260,523
- Reserves +€156,777
up €156,777 (+19.3%), from €811,331 to €968,107
of which Distributable reserves: +€156,777
- Other debts -€50,083
no longer reported in 2025 (was €50,083)
- Gross operating margin +€17,214
up €17,214 (+7.7%), from €222,368 to €239,582
- Taxes +€3,907
up €3,907 (+8.1%), from €48,352 to €52,259
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 | €957,502 | €1,065,399 | +€107,897 | +11.3% |
| Fixed assets | 21/28 | €604,392 | €593,537 | -€10,855 | -1.8% |
| Tangible fixed assets | 22/27 | €271,378 | €260,523 | -€10,855 | -4.0% |
| Land and buildings | 22 | €271,378 | €260,523 | -€10,855 | -4.0% |
| Financial fixed assets | 28 | €333,014 | €333,014 | = | 0.0% |
| Current assets | 29/58 | €353,109 | €471,862 | +€118,752 | +33.6% |
| Amounts receivable within one year | 40/41 | €2,900 | €1,056 | -€1,844 | -63.6% |
| Other amounts receivable | 41 | €2,900 | €1,056 | -€1,844 | -63.6% |
| Current investments | 50/53 | €300,000 | - | -€300,000 | |
| Cash at bank and in hand | 54/58 | €47,288 | €462,569 | +€415,281 | +878.2% |
| Deferred charges and accrued income | 490/1 | €2,921 | €8,237 | +€5,316 | +182.0% |
| Total equity and liabilities | 10/49 | €957,502 | €1,065,399 | +€107,897 | +11.3% |
| Equity | 10/15 | €907,031 | €1,063,807 | +€156,777 | +17.3% |
| Contributions | 10/11 | €95,700 | €95,700 | = | 0.0% |
| Reserves | 13 | €811,331 | €968,107 | +€156,777 | +19.3% |
| Tax-exempt reserves | 132 | €37,500 | €37,500 | = | 0.0% |
| Distributable reserves | 133 | €773,831 | €930,607 | +€156,777 | +20.3% |
| Amounts payable | 17/49 | €50,471 | €1,592 | -€48,879 | -96.8% |
| Amounts payable within one year | 42/48 | €50,471 | €1,592 | -€48,879 | -96.8% |
| Trade debts | 44 | €387 | €400 | +€12 | +3.2% |
| Suppliers | 440/4 | €387 | €400 | +€12 | +3.2% |
| Taxes, remuneration and social security | 45 | - | €1,192 | +€1,192 | |
| Taxes | 450/3 | - | €1,192 | +€1,192 | |
| Other amounts payable | 47/48 | €50,083 | - | -€50,083 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,855 | €10,855 | = | 0.0% |
| Other operating charges | 640/8 | €23,381 | €23,111 | -€270 | -1.2% |
| Gross operating margin | 9900 | €222,368 | €239,582 | +€17,214 | +7.7% |
| Operating profit (loss) | 9901 | €188,133 | €205,617 | +€17,484 | +9.3% |
| Financial income | 75/76B | €5,540 | €3,557 | -€1,983 | -35.8% |
| Recurring financial income | 75 | €5,540 | €3,557 | -€1,983 | -35.8% |
| Financial charges | 65/66B | €266 | €138 | -€128 | -48.0% |
| Recurring financial charges | 65 | €266 | €138 | -€128 | -48.0% |
| Profit (loss) for the period before taxes | 9903 | €193,407 | €209,035 | +€15,628 | +8.1% |
| Income taxes | 67/77 | €48,352 | €52,259 | +€3,907 | +8.1% |
| Profit (loss) for the period | 9904 | €145,055 | €156,777 | +€11,721 | +8.1% |
| Profit (loss) for the period to be appropriated | 9905 | €145,055 | €156,777 | +€11,721 | +8.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.