FLECHAGRI: 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.
FLECHAGRI
Largest movements
- Tangible fixed assets +€28,003
up €28,003 (+101.5%), from €27,578 to €55,582
of which Plant, machinery and equipment: +€37,395
- Cash +€2,722
up €2,722 (+20699.7%), from €13 to €2,735
mainly Debts after one year (+€41,504) and Other debts (+€30,632)
- Receivables within one year +€1,676
up €1,676 (+44.2%), from €3,792 to €5,468
of which Trade receivables: +€2,540
- Debts after one year +€41,504
new in 2025: €41,504
- Other debts +€30,632
up €30,632 (+69.5%), from €44,079 to €74,711
- Profit (loss) carried forward -€23,657
down €23,657 (-25.7%), from -€92,028 to -€115,685
- Trade debts -€15,499
down €15,499 (-33.5%), from €46,257 to €30,758
- Tax, wage and social debts -€2,600
down €2,600 (-40.0%), from €6,500 to €3,900
of which Remuneration and social security: -€2,600
- Turnover -€31,807
no longer reported in 2025 (was €31,807)
- Purchases and services -€24,847
no longer reported in 2025 (was €24,847)
- Gross operating margin -€9,244
down €9,244, from €6,960 to -€2,283
- Depreciation +€6,943
up €6,943 (+63.4%), from €10,953 to €17,897
- Financial charges +€2,540
up €2,540 (+249.8%), from €1,017 to €3,557
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 | €32,943 | €65,215 | +€32,272 | +98.0% |
| Fixed assets | 21/28 | €27,578 | €55,582 | +€28,003 | +101.5% |
| Tangible fixed assets | 22/27 | €27,578 | €55,582 | +€28,003 | +101.5% |
| Plant, machinery and equipment | 23 | €1,808 | €39,204 | +€37,395 | +2067.9% |
| Leasing and similar rights | 25 | €25,770 | €16,378 | -€9,392 | -36.4% |
| Current assets | 29/58 | €5,364 | €9,633 | +€4,269 | +79.6% |
| Stocks and contracts in progress | 3 | €1,559 | €1,376 | -€183 | -11.7% |
| Stocks | 30/36 | €1,559 | €1,376 | -€183 | -11.7% |
| Amounts receivable within one year | 40/41 | €3,792 | €5,468 | +€1,676 | +44.2% |
| Trade receivables | 40 | €2,255 | €4,794 | +€2,540 | +112.6% |
| Other amounts receivable | 41 | €1,537 | €674 | -€863 | -56.2% |
| Cash at bank and in hand | 54/58 | €13 | €2,735 | +€2,722 | +20699.7% |
| Deferred charges and accrued income | 490/1 | - | €54 | +€54 | |
| Total equity and liabilities | 10/49 | €32,943 | €65,215 | +€32,272 | +98.0% |
| Equity | 10/15 | -€72,808 | -€96,465 | -€23,657 | -32.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €620 | €620 | = | 0.0% |
| Non-distributable reserves | 130/1 | €620 | - | -€620 | |
| Reserves not available under the articles | 1311 | €620 | - | -€620 | |
| Distributable reserves | 133 | - | €620 | +€620 | |
| Profit (loss) carried forward | 14 | -€92,028 | -€115,685 | -€23,657 | -25.7% |
| Amounts payable | 17/49 | €105,750 | €161,679 | +€55,929 | +52.9% |
| Amounts payable after more than one year | 17 | - | €41,504 | +€41,504 | |
| Financial debts | 170/4 | - | €41,504 | +€41,504 | |
| Amounts payable within one year | 42/48 | €105,750 | €120,176 | +€14,425 | +13.6% |
| Current portion of amounts payable after more than one year | 42 | €8,915 | €10,807 | +€1,893 | +21.2% |
| Trade debts | 44 | €46,257 | €30,758 | -€15,499 | -33.5% |
| Suppliers | 440/4 | €46,257 | €30,758 | -€15,499 | -33.5% |
| Taxes, remuneration and social security | 45 | €6,500 | €3,900 | -€2,600 | -40.0% |
| Taxes | 450/3 | €1,500 | €1,500 | = | 0.0% |
| Remuneration and social security | 454/9 | €5,000 | €2,400 | -€2,600 | -52.0% |
| Other amounts payable | 47/48 | €44,079 | €74,711 | +€30,632 | +69.5% |
| Turnover | 70 | €31,807 | - | -€31,807 | |
| Goods, raw materials, services and sundry goods | 60/61 | €24,847 | - | -€24,847 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,953 | €17,897 | +€6,943 | +63.4% |
| Non-recurring operating charges | 66A | €2,294 | - | -€2,294 | |
| Gross operating margin | 9900 | €6,960 | -€2,283 | -€9,244 | |
| Operating profit (loss) | 9901 | -€6,288 | -€20,180 | -€13,892 | -220.9% |
| Financial income | 75/76B | - | €80 | +€80 | |
| Recurring financial income | 75 | - | €80 | +€80 | |
| Financial charges | 65/66B | €1,017 | €3,557 | +€2,540 | +249.8% |
| Recurring financial charges | 65 | €1,017 | €3,557 | +€2,540 | +249.8% |
| Profit (loss) for the period before taxes | 9903 | -€7,305 | -€23,657 | -€16,352 | -223.9% |
| Profit (loss) for the period | 9904 | -€7,305 | -€23,657 | -€16,352 | -223.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,305 | -€23,657 | -€16,352 | -223.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.