FLC PROD: what changed
FLC PROD
Largest movements
- Tangible fixed assets +€86,838
up €86,838 (+27.0%), from €321,772 to €408,610
of which Furniture and vehicles: +€58,823
- Cash -€74,427
down €74,427 (-60.3%), from €123,407 to €48,980
mainly Investment in fixed assets (net) (-€133,903) and Advances received (-€60,513)
- Advances received -€60,513
no longer reported in 2024 (was €60,513)
- Debts after one year +€50,891
up €50,891 (+26.2%), from €194,498 to €245,389
- Current portion of long-term debt +€21,000
up €21,000 (+186%), from €11,320 to €32,320
- Trade debts +€14,670
up €14,670 (+291%), from €5,037 to €19,707
- Profit (loss) carried forward -€8,570
down €8,570 (-11.5%), from €74,638 to €66,068
- Taxes +€13,873
up €13,873 (+226%), from €6,148 to €20,021
- Staff costs +€13,794
up €13,794 (+27.2%), from €50,732 to €64,526
- Depreciation +€10,562
up €10,562 (+28.9%), from €36,503 to €47,065
- Gross operating margin -€6,544
down €6,544 (-4.4%), from €147,892 to €141,348
- Financial charges +€2,993
up €2,993 (+35.8%), from €8,352 to €11,345
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €465,543 | €476,077 | +€10,534 | +2.3% |
| Fixed assets | 21/28 | €321,772 | €408,610 | +€86,838 | +27.0% |
| Tangible fixed assets | 22/27 | €321,772 | €408,610 | +€86,838 | +27.0% |
| Land and buildings | 22 | €162,308 | €155,714 | -€6,594 | -4.1% |
| Plant, machinery and equipment | 23 | €99,375 | €133,984 | +€34,609 | +34.8% |
| Furniture and vehicles | 24 | €60,089 | €118,912 | +€58,823 | +97.9% |
| Current assets | 29/58 | €143,771 | €67,467 | -€76,304 | -53.1% |
| Amounts receivable within one year | 40/41 | €20,365 | €18,487 | -€1,878 | -9.2% |
| Trade receivables | 40 | €20,365 | €7,679 | -€12,686 | -62.3% |
| Other amounts receivable | 41 | - | €10,808 | +€10,808 | |
| Cash at bank and in hand | 54/58 | €123,407 | €48,980 | -€74,427 | -60.3% |
| Total equity and liabilities | 10/49 | €465,543 | €476,077 | +€10,534 | +2.3% |
| Equity | 10/15 | €93,238 | €84,668 | -€8,570 | -9.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Share premium | 1100/10 | €18,600 | - | -€18,600 | |
| Profit (loss) carried forward | 14 | €74,638 | €66,068 | -€8,570 | -11.5% |
| Amounts payable | 17/49 | €372,306 | €391,409 | +€19,103 | +5.1% |
| Amounts payable after more than one year | 17 | €194,498 | €245,389 | +€50,891 | +26.2% |
| Financial debts | 170/4 | €194,498 | €245,389 | +€50,891 | +26.2% |
| Amounts payable within one year | 42/48 | €177,807 | €146,020 | -€31,787 | -17.9% |
| Current portion of amounts payable after more than one year | 42 | €11,320 | €32,320 | +€21,000 | +186% |
| Trade debts | 44 | €5,037 | €19,707 | +€14,670 | +291% |
| Suppliers | 440/4 | €5,037 | €19,707 | +€14,670 | +291% |
| Advances received on contracts in progress | 46 | €60,513 | - | -€60,513 | |
| Taxes, remuneration and social security | 45 | €7,135 | €7,559 | +€424 | +5.9% |
| Taxes | 450/3 | €7,135 | €7,559 | +€424 | +5.9% |
| Other amounts payable | 47/48 | €93,803 | €86,434 | -€7,369 | -7.9% |
| Remuneration, social security and pensions | 62 | €50,732 | €64,526 | +€13,794 | +27.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,503 | €47,065 | +€10,562 | +28.9% |
| Other operating charges | 640/8 | €6,379 | €6,961 | +€582 | +9.1% |
| Gross operating margin | 9900 | €147,892 | €141,348 | -€6,544 | -4.4% |
| Operating profit (loss) | 9901 | €54,277 | €22,796 | -€31,481 | -58.0% |
| Financial charges | 65/66B | €8,352 | €11,345 | +€2,993 | +35.8% |
| Recurring financial charges | 65 | €8,352 | €11,345 | +€2,993 | +35.8% |
| Profit (loss) for the period before taxes | 9903 | €45,925 | €11,451 | -€34,474 | -75.1% |
| Income taxes | 67/77 | €6,148 | €20,021 | +€13,873 | +226% |
| Profit (loss) for the period | 9904 | €39,777 | -€8,570 | -€48,347 | |
| Profit (loss) for the period to be appropriated | 9905 | €39,777 | -€8,570 | -€48,347 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.