FLECCS: 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.
FLECCS
Largest movements
- Cash +€7,661
up €7,661 (+54.2%), from €14,134 to €21,794
mainly Net result for the year (+€43,650) and Other debts (+€10,604)
- Tangible fixed assets +€1,358
up €1,358 (+42.8%), from €3,170 to €4,528
of which Furniture and vehicles: +€875
- Receivables within one year +€712
up €712 (+4.0%), from €17,978 to €18,690
of which Trade receivables: +€712
- Other debts +€10,604
up €10,604 (+92.1%), from €11,511 to €22,115
- Tax, wage and social debts -€819
down €819 (-6.0%), from €13,572 to €12,753
- Gross operating margin +€2,695
up €2,695 (+4.5%), from €59,533 to €62,229
- Taxes +€661
up €661 (+5.2%), from €12,770 to €13,431
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 | €35,920 | €45,642 | +€9,722 | +27.1% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €3,200 | €4,558 | +€1,358 | +42.4% |
| Tangible fixed assets | 22/27 | €3,170 | €4,528 | +€1,358 | +42.8% |
| Plant, machinery and equipment | 23 | €3,135 | €3,618 | +€483 | +15.4% |
| Furniture and vehicles | 24 | €35 | €910 | +€875 | +2484.6% |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €32,720 | €41,083 | +€8,363 | +25.6% |
| Amounts receivable within one year | 40/41 | €17,978 | €18,690 | +€712 | +4.0% |
| Trade receivables | 40 | €17,978 | €18,690 | +€712 | +4.0% |
| Other amounts receivable | 41 | - | €1 | +€1 | |
| Cash at bank and in hand | 54/58 | €14,134 | €21,794 | +€7,661 | +54.2% |
| Deferred charges and accrued income | 490/1 | €608 | €598 | -€10 | -1.6% |
| Total equity and liabilities | 10/49 | €35,920 | €45,642 | +€9,722 | +27.1% |
| Equity | 10/15 | €5,860 | €5,860 | = | 0.0% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €5,360 | €5,360 | = | 0.0% |
| Distributable reserves | 133 | €5,360 | €5,360 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €30,059 | €39,781 | +€9,722 | +32.3% |
| Amounts payable within one year | 42/48 | €29,998 | €39,733 | +€9,734 | +32.4% |
| Trade debts | 44 | €4,915 | €4,864 | -€51 | -1.0% |
| Suppliers | 440/4 | €4,915 | €4,864 | -€51 | -1.0% |
| Taxes, remuneration and social security | 45 | €13,572 | €12,753 | -€819 | -6.0% |
| Taxes | 450/3 | €13,572 | €12,753 | -€819 | -6.0% |
| Other amounts payable | 47/48 | €11,511 | €22,115 | +€10,604 | +92.1% |
| Accrued charges and deferred income | 492/3 | €61 | €49 | -€13 | -20.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,423 | €1,124 | -€299 | -21.0% |
| Other operating charges | 640/8 | €1,152 | €778 | -€374 | -32.4% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €59,533 | €62,229 | +€2,695 | +4.5% |
| Operating profit (loss) | 9901 | €56,958 | €60,326 | +€3,368 | +5.9% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €3,587 | €3,246 | -€342 | -9.5% |
| Recurring financial charges | 65 | €3,587 | €3,246 | -€342 | -9.5% |
| Profit (loss) for the period before taxes | 9903 | €53,370 | €57,081 | +€3,710 | +7.0% |
| Income taxes | 67/77 | €12,770 | €13,431 | +€661 | +5.2% |
| Profit (loss) for the period | 9904 | €40,601 | €43,650 | +€3,049 | +7.5% |
| Profit (loss) for the period to be appropriated | 9905 | €40,601 | €43,650 | +€3,049 | +7.5% |
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 11 October 2026 via checked.be.