FLERON CONSTRUCT: 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.
FLERON CONSTRUCT
Largest movements
- Stocks and contracts +€23,901
up €23,901 (+4.3%), from €553,529 to €577,431
No liability line moved by more than 1% of the balance sheet total.
- Taxes +€49,917
no longer reported in 2025 (was -€49,917)
- Gross operating margin +€21,173
up €21,173 (+55.3%), from -€38,302 to -€17,130
- Financial charges +€1,409
up €1,409 (+211%), from €667 to €2,076
- Financial income +€498
up €498 (+2.1%), from €23,494 to €23,992
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.
Derived cash bridge
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 | €1,802,970 | €1,811,106 | +€8,136 | +0.5% |
| Fixed assets | 21/28 | €28,547 | €28,547 | = | 0.0% |
| Financial fixed assets | 28 | €28,547 | €28,547 | = | 0.0% |
| Current assets | 29/58 | €1,774,423 | €1,782,559 | +€8,136 | +0.5% |
| Stocks and contracts in progress | 3 | €553,529 | €577,431 | +€23,901 | +4.3% |
| Stocks | 30/36 | €553,529 | €577,431 | +€23,901 | +4.3% |
| Amounts receivable within one year | 40/41 | €1,220,301 | €1,204,013 | -€16,288 | -1.3% |
| Trade receivables | 40 | €13,304 | €8,285 | -€5,020 | -37.7% |
| Other amounts receivable | 41 | €1,206,996 | €1,195,728 | -€11,268 | -0.9% |
| Cash at bank and in hand | 54/58 | €594 | €1,116 | +€522 | +87.9% |
| Deferred charges and accrued income | 490/1 | €0 | €0 | = | |
| Total equity and liabilities | 10/49 | €1,802,970 | €1,811,106 | +€8,136 | +0.5% |
| Equity | 10/15 | -€220,344 | -€216,984 | +€3,361 | +1.5% |
| Contributions | 10/11 | €1,000,000 | €1,000,000 | = | 0.0% |
| Capital | 10 | €1,000,000 | €1,000,000 | = | 0.0% |
| Issued capital | 100 | €1,000,000 | €1,000,000 | = | 0.0% |
| Reserves | 13 | €3,500 | €3,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,500 | €3,500 | = | 0.0% |
| Legal reserve | 130 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,223,844 | -€1,220,484 | +€3,361 | +0.3% |
| Amounts payable | 17/49 | €2,023,314 | €2,028,089 | +€4,775 | +0.2% |
| Amounts payable within one year | 42/48 | €2,023,279 | €2,027,391 | +€4,112 | +0.2% |
| Trade debts | 44 | €35,779 | €39,891 | +€4,112 | +11.5% |
| Suppliers | 440/4 | €35,779 | €39,891 | +€4,112 | +11.5% |
| Taxes, remuneration and social security | 45 | €0 | €0 | = | |
| Taxes | 450/3 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €1,987,500 | €1,987,500 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €36 | €698 | +€662 | +1,866% |
| Other operating charges | 640/8 | €1,389 | €1,426 | +€37 | +2.6% |
| Gross operating margin | 9900 | -€38,302 | -€17,130 | +€21,173 | +55.3% |
| Operating profit (loss) | 9901 | -€39,692 | -€18,556 | +€21,136 | +53.3% |
| Financial income | 75/76B | €23,494 | €23,992 | +€498 | +2.1% |
| Recurring financial income | 75 | €23,494 | €23,992 | +€498 | +2.1% |
| Financial charges | 65/66B | €667 | €2,076 | +€1,409 | +211% |
| Recurring financial charges | 65 | €667 | €2,076 | +€1,409 | +211% |
| Profit (loss) for the period before taxes | 9903 | -€16,864 | €3,361 | +€20,225 | |
| Income taxes | 67/77 | -€49,917 | - | +€49,917 | |
| Profit (loss) for the period | 9904 | €33,053 | €3,361 | -€29,692 | -89.8% |
| Profit (loss) for the period to be appropriated | 9905 | €33,053 | €3,361 | -€29,692 | -89.8% |
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 16 October 2026 via checked.be.