FLECHE: 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.
FLECHE
Largest movements
- Receivables within one year -€292,097
down €292,097 (-82.2%), from €355,491 to €63,395
of which Trade receivables: -€265,082
- Cash +€78,258
up €78,258 (+86.4%), from €90,563 to €168,821
mainly Receivables within one year (+€292,097) and Tax, wage and social debts (+€56,990)
- Stocks and contracts +€27,990
up €27,990 (+18.8%), from €148,926 to €176,916
- Intangible fixed assets -€9,000
down €9,000 (-25.0%), from €36,000 to €27,000
- Trade debts -€259,481
down €259,481 (-63.6%), from €408,225 to €148,744
- Tax, wage and social debts +€56,990
up €56,990 (+217.9%), from €26,151 to €83,141
of which Remuneration and social security: +€37,384
- Profit (loss) carried forward +€30,319
up €30,319 (+35.6%), from €85,115 to €115,434
- Other debts -€16,914
down €16,914 (-18.0%), from €94,051 to €77,137
- Gross operating margin -€38,868
down €38,868 (-18.9%), from €205,906 to €167,038
- Staff costs +€22,415
up €22,415 (+60.9%), from €36,808 to €59,224
- Other operating charges +€18,344
up €18,344 (+287.6%), from €6,378 to €24,723
- Taxes -€6,653
down €6,653 (-28.8%), from €23,074 to €16,421
- Financial charges -€5,012
down €5,012 (-27.9%), from €17,941 to €12,929
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €849,273 | €645,467 | -€203,806 | -24.0% |
| Fixed assets | 21/28 | €249,923 | €233,320 | -€16,603 | -6.6% |
| Intangible fixed assets | 21 | €36,000 | €27,000 | -€9,000 | -25.0% |
| Tangible fixed assets | 22/27 | €211,785 | €204,182 | -€7,603 | -3.6% |
| Land and buildings | 22 | €176,828 | €169,027 | -€7,801 | -4.4% |
| Plant, machinery and equipment | 23 | €1,288 | €966 | -€322 | -25.0% |
| Furniture and vehicles | 24 | €22,051 | €25,140 | +€3,089 | +14.0% |
| Other tangible fixed assets | 26 | €11,618 | €9,049 | -€2,569 | -22.1% |
| Financial fixed assets | 28 | €2,138 | €2,138 | = | 0.0% |
| Current assets | 29/58 | €599,349 | €412,147 | -€187,203 | -31.2% |
| Stocks and contracts in progress | 3 | €148,926 | €176,916 | +€27,990 | +18.8% |
| Stocks | 30/36 | €148,926 | €176,916 | +€27,990 | +18.8% |
| Amounts receivable within one year | 40/41 | €355,491 | €63,395 | -€292,097 | -82.2% |
| Trade receivables | 40 | €321,387 | €56,306 | -€265,082 | -82.5% |
| Other amounts receivable | 41 | €34,104 | €7,089 | -€27,015 | -79.2% |
| Cash at bank and in hand | 54/58 | €90,563 | €168,821 | +€78,258 | +86.4% |
| Deferred charges and accrued income | 490/1 | €4,369 | €3,015 | -€1,354 | -31.0% |
| Total equity and liabilities | 10/49 | €849,273 | €645,467 | -€203,806 | -24.0% |
| Equity | 10/15 | €228,515 | €258,834 | +€30,319 | +13.3% |
| Contributions | 10/11 | €44,000 | €44,000 | = | 0.0% |
| Reserves | 13 | €99,400 | €99,400 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,400 | €4,400 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,400 | €4,400 | = | 0.0% |
| Distributable reserves | 133 | €95,000 | €95,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €85,115 | €115,434 | +€30,319 | +35.6% |
| Provisions and deferred taxes | 16 | €60,626 | €60,626 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €60,626 | €60,626 | = | 0.0% |
| Pensions and similar obligations | 160 | €60,626 | €60,626 | = | 0.0% |
| Amounts payable | 17/49 | €560,132 | €326,006 | -€234,125 | -41.8% |
| Amounts payable after more than one year | 17 | €11,224 | €3,262 | -€7,961 | -70.9% |
| Financial debts | 170/4 | €11,224 | €3,262 | -€7,961 | -70.9% |
| Amounts payable within one year | 42/48 | €548,908 | €322,744 | -€226,164 | -41.2% |
| Current portion of amounts payable after more than one year | 42 | €20,481 | €13,722 | -€6,759 | -33.0% |
| Trade debts | 44 | €408,225 | €148,744 | -€259,481 | -63.6% |
| Suppliers | 440/4 | €408,225 | €148,744 | -€259,481 | -63.6% |
| Taxes, remuneration and social security | 45 | €26,151 | €83,141 | +€56,990 | +217.9% |
| Taxes | 450/3 | €1,661 | €21,267 | +€19,606 | +1180.3% |
| Remuneration and social security | 454/9 | €24,490 | €61,874 | +€37,384 | +152.7% |
| Other amounts payable | 47/48 | €94,051 | €77,137 | -€16,914 | -18.0% |
| Non-recurring operating income | 76A | €25,000 | - | -€25,000 | |
| Remuneration, social security and pensions | 62 | €36,808 | €59,224 | +€22,415 | +60.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,513 | €24,864 | -€1,649 | -6.2% |
| Other operating charges | 640/8 | €6,378 | €24,723 | +€18,344 | +287.6% |
| Gross operating margin | 9900 | €205,906 | €167,038 | -€38,868 | -18.9% |
| Operating profit (loss) | 9901 | €136,206 | €58,228 | -€77,978 | -57.3% |
| Financial income | 75/76B | €304 | €1,442 | +€1,138 | +374.6% |
| Recurring financial income | 75 | €304 | €1,442 | +€1,138 | +374.6% |
| Financial charges | 65/66B | €17,941 | €12,929 | -€5,012 | -27.9% |
| Recurring financial charges | 65 | €17,941 | €12,929 | -€5,012 | -27.9% |
| Profit (loss) for the period before taxes | 9903 | €118,569 | €46,740 | -€71,829 | -60.6% |
| Income taxes | 67/77 | €23,074 | €16,421 | -€6,653 | -28.8% |
| Profit (loss) for the period | 9904 | €95,495 | €30,319 | -€65,175 | -68.3% |
| Profit (loss) for the period to be appropriated | 9905 | €95,495 | €30,319 | -€65,175 | -68.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.