FLCON: 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.
FLCON
Largest movements
- Current investments -€110,000
down €110,000 (-91.9%), from €119,756 to €9,756
- Cash +€49,570
up €49,570 (+291.9%), from €16,983 to €66,552
mainly Current investments (+€110,000) and Net result for the year (+€24,748)
- Receivables within one year -€7,199
down €7,199 (-38.3%), from €18,795 to €11,595
of which Trade receivables: -€12,109
- Tangible fixed assets -€2,150
down €2,150 (-29.0%), from €7,415 to €5,265
- Other debts -€69,780
down €69,780 (-70.3%), from €99,192 to €29,412
- Short-term financial debts -€1,802
down €1,802 (-73.8%), from €2,442 to €640
- Gross operating margin -€23,939
down €23,939 (-41.1%), from €58,247 to €34,308
- Taxes -€5,091
down €5,091 (-38.3%), from €13,292 to €8,201
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 | €164,162 | €94,486 | -€69,676 | -42.4% |
| Fixed assets | 21/28 | €7,778 | €5,628 | -€2,150 | -27.6% |
| Tangible fixed assets | 22/27 | €7,415 | €5,265 | -€2,150 | -29.0% |
| Furniture and vehicles | 24 | €7,415 | €5,265 | -€2,150 | -29.0% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €156,384 | €88,858 | -€67,526 | -43.2% |
| Amounts receivable within one year | 40/41 | €18,795 | €11,595 | -€7,199 | -38.3% |
| Trade receivables | 40 | €18,795 | €6,685 | -€12,109 | -64.4% |
| Other amounts receivable | 41 | €0 | €4,910 | +€4,910 | |
| Current investments | 50/53 | €119,756 | €9,756 | -€110,000 | -91.9% |
| Cash at bank and in hand | 54/58 | €16,983 | €66,552 | +€49,570 | +291.9% |
| Deferred charges and accrued income | 490/1 | €851 | €955 | +€103 | +12.1% |
| Total equity and liabilities | 10/49 | €164,162 | €94,486 | -€69,676 | -42.4% |
| Equity | 10/15 | €53,885 | €53,634 | -€252 | -0.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,885 | €43,634 | -€252 | -0.6% |
| Amounts payable | 17/49 | €110,277 | €40,852 | -€69,425 | -63.0% |
| Amounts payable within one year | 42/48 | €108,211 | €39,035 | -€69,176 | -63.9% |
| Financial debts | 43 | €2,442 | €640 | -€1,802 | -73.8% |
| Credit institutions | 430/8 | €2,442 | €640 | -€1,802 | -73.8% |
| Trade debts | 44 | €1,778 | €2,738 | +€960 | +54.0% |
| Suppliers | 440/4 | €1,778 | €2,738 | +€960 | +54.0% |
| Taxes, remuneration and social security | 45 | €4,799 | €6,246 | +€1,447 | +30.1% |
| Taxes | 450/3 | €2,104 | €4,167 | +€2,063 | +98.1% |
| Remuneration and social security | 454/9 | €2,695 | €2,078 | -€617 | -22.9% |
| Other amounts payable | 47/48 | €99,192 | €29,412 | -€69,780 | -70.3% |
| Accrued charges and deferred income | 492/3 | €2,066 | €1,817 | -€249 | -12.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,737 | €2,150 | +€413 | +23.8% |
| Other operating charges | 640/8 | €1,228 | €1,223 | -€6 | -0.5% |
| Gross operating margin | 9900 | €58,247 | €34,308 | -€23,939 | -41.1% |
| Operating profit (loss) | 9901 | €55,281 | €30,935 | -€24,346 | -44.0% |
| Financial income | 75/76B | €2,267 | €2,466 | +€199 | +8.8% |
| Recurring financial income | 75 | €2,267 | €2,466 | +€199 | +8.8% |
| Financial charges | 65/66B | €427 | €452 | +€25 | +5.8% |
| Recurring financial charges | 65 | €427 | €452 | +€25 | +5.8% |
| Profit (loss) for the period before taxes | 9903 | €57,121 | €32,950 | -€24,172 | -42.3% |
| Income taxes | 67/77 | €13,292 | €8,201 | -€5,091 | -38.3% |
| Profit (loss) for the period | 9904 | €43,829 | €24,748 | -€19,080 | -43.5% |
| Profit (loss) for the period to be appropriated | 9905 | €43,829 | €24,748 | -€19,080 | -43.5% |
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 12 October 2026 via checked.be.