FLCO: 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.
FLCO
Largest movements
- Tangible fixed assets -€1,058
down €1,058 (-100.0%), from €1,058 to €0
- Receivables within one year +€764
up €764 (+32.0%), from €2,386 to €3,150
of which Trade receivables: +€1,661
- Trade debts +€836
up €836 (+879.2%), from €95 to €931
- Profit (loss) carried forward -€556
down €556 (-10.2%), from €5,467 to €4,912
- Tax, wage and social debts -€318
down €318 (-43.7%), from €728 to €409
- Gross operating margin -€3,722
down €3,722 (-73.3%), from €5,077 to €1,354
- Depreciation -€1,155
down €1,155 (-52.2%), from €2,213 to €1,058
- Taxes -€728
down €728 (-100.0%), from €728 to €0
- Other operating charges -€74
down €74 (-10.1%), from €735 to €661
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 | €27,824 | €27,786 | -€38 | -0.1% |
| Fixed assets | 21/28 | €1,143 | €85 | -€1,058 | -92.6% |
| Tangible fixed assets | 22/27 | €1,058 | €0 | -€1,058 | -100.0% |
| Furniture and vehicles | 24 | €1,058 | €0 | -€1,058 | -100.0% |
| Financial fixed assets | 28 | €85 | €85 | = | 0.0% |
| Current assets | 29/58 | €26,681 | €27,701 | +€1,021 | +3.8% |
| Amounts receivable within one year | 40/41 | €2,386 | €3,150 | +€764 | +32.0% |
| Trade receivables | 40 | €1,489 | €3,150 | +€1,661 | +111.6% |
| Other amounts receivable | 41 | €898 | - | -€898 | |
| Cash at bank and in hand | 54/58 | €23,510 | €23,671 | +€161 | +0.7% |
| Deferred charges and accrued income | 490/1 | €784 | €880 | +€96 | +12.2% |
| Total equity and liabilities | 10/49 | €27,824 | €27,786 | -€38 | -0.1% |
| Equity | 10/15 | €25,927 | €25,372 | -€556 | -2.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,467 | €4,912 | -€556 | -10.2% |
| Amounts payable | 17/49 | €1,897 | €2,415 | +€518 | +27.3% |
| Amounts payable within one year | 42/48 | €1,897 | €2,415 | +€518 | +27.3% |
| Trade debts | 44 | €95 | €931 | +€836 | +879.2% |
| Suppliers | 440/4 | €95 | €931 | +€836 | +879.2% |
| Taxes, remuneration and social security | 45 | €728 | €409 | -€318 | -43.7% |
| Taxes | 450/3 | €728 | €409 | -€318 | -43.7% |
| Other amounts payable | 47/48 | €1,074 | €1,074 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,213 | €1,058 | -€1,155 | -52.2% |
| Other operating charges | 640/8 | €735 | €661 | -€74 | -10.1% |
| Gross operating margin | 9900 | €5,077 | €1,354 | -€3,722 | -73.3% |
| Operating profit (loss) | 9901 | €2,129 | -€365 | -€2,493 | |
| Financial charges | 65/66B | €166 | €191 | +€25 | +14.9% |
| Recurring financial charges | 65 | €166 | €191 | +€25 | +14.9% |
| Profit (loss) for the period before taxes | 9903 | €1,963 | -€556 | -€2,518 | |
| Income taxes | 67/77 | €728 | €0 | -€728 | -100.0% |
| Profit (loss) for the period | 9904 | €1,235 | -€556 | -€1,790 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,235 | -€556 | -€1,790 |
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 29 September 2026 via checked.be.