Fléron Titres-Services: 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.
Fléron Titres-Services
Largest movements
- Deferred charges and accrued income -€26,171
down €26,171 (-39.5%), from €66,193 to €40,022
- Cash +€22,810
up €22,810 (+39.6%), from €57,591 to €80,401
mainly Deferred charges and accrued income (+€26,171) and Depreciation (+€1,733)
- Profit (loss) carried forward -€3,623
down €3,623 (-9.9%), from €36,754 to €33,131
- Staff costs +€49,785
up €49,785 (+6.9%), from €721,611 to €771,395
- Gross operating margin +€36,866
up €36,866 (+5.0%), from €732,629 to €769,495
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 | €143,832 | €139,696 | -€4,136 | -2.9% |
| Formation expenses | 20 | €320 | €0 | -€320 | -100% |
| Fixed assets | 21/28 | €4,681 | €3,268 | -€1,413 | -30.2% |
| Tangible fixed assets | 22/27 | €4,236 | €2,823 | -€1,413 | -33.4% |
| Land and buildings | 22 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €4,236 | €2,823 | -€1,413 | -33.4% |
| Financial fixed assets | 28 | €445 | €445 | = | 0.0% |
| Current assets | 29/58 | €138,831 | €136,428 | -€2,403 | -1.7% |
| Amounts receivable within one year | 40/41 | €15,047 | €16,005 | +€958 | +6.4% |
| Trade receivables | 40 | €6 | €0 | -€6 | -100% |
| Other amounts receivable | 41 | €15,041 | €16,005 | +€964 | +6.4% |
| Cash at bank and in hand | 54/58 | €57,591 | €80,401 | +€22,810 | +39.6% |
| Deferred charges and accrued income | 490/1 | €66,193 | €40,022 | -€26,171 | -39.5% |
| Total equity and liabilities | 10/49 | €143,832 | €139,696 | -€4,136 | -2.9% |
| Equity | 10/15 | €36,754 | €33,131 | -€3,623 | -9.9% |
| Profit (loss) carried forward | 14 | €36,754 | €33,131 | -€3,623 | -9.9% |
| Amounts payable | 17/49 | €107,079 | €106,566 | -€513 | -0.5% |
| Amounts payable within one year | 42/48 | €107,079 | €106,566 | -€513 | -0.5% |
| Trade debts | 44 | €21,725 | €20,322 | -€1,403 | -6.5% |
| Suppliers | 440/4 | €21,725 | €20,322 | -€1,403 | -6.5% |
| Taxes, remuneration and social security | 45 | €53,512 | €57,160 | +€3,648 | +6.8% |
| Remuneration and social security | 454/9 | €53,512 | €57,160 | +€3,648 | +6.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Remuneration, social security and pensions | 62 | €721,611 | €771,395 | +€49,785 | +6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,733 | €1,733 | = | 0.0% |
| Other operating charges | 640/8 | €5 | €15 | +€9 | +173% |
| Gross operating margin | 9900 | €732,629 | €769,495 | +€36,866 | +5.0% |
| Operating profit (loss) | 9901 | €9,280 | -€3,648 | -€12,928 | |
| Financial income | 75/76B | €108 | €90 | -€18 | -16.8% |
| Recurring financial income | 75 | €108 | €90 | -€18 | -16.8% |
| Financial charges | 65/66B | €46 | €60 | +€14 | +30.1% |
| Recurring financial charges | 65 | €46 | €60 | +€14 | +30.1% |
| Profit (loss) for the period before taxes | 9903 | €9,342 | -€3,618 | -€12,961 | |
| Income taxes | 67/77 | €32 | €5 | -€28 | -85.7% |
| Profit (loss) for the period | 9904 | €9,310 | -€3,623 | -€12,933 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,310 | -€3,623 | -€12,933 |
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 1 November 2026 via checked.be.