Fleunes: 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.
Fleunes
Largest movements
- Current investments +€482,819
up €482,819 (+29.6%), from €1.6m to €2.1m
- Cash +€212,975
up €212,975 (+46.2%), from €461,103 to €674,078
mainly Net result for the year (+€626,521) and Depreciation (+€60,806)
- Tangible fixed assets -€35,543
down €35,543 (-13.3%), from €266,965 to €231,421
- Reserves +€423,307
up €423,307 (+23.8%), from €1.8m to €2.2m
- Profit (loss) carried forward +€203,214
up €203,214 (+48.0%), from €423,307 to €626,521
- Tax, wage and social debts +€37,496
up €37,496 (+36.9%), from €101,648 to €139,144
of which Taxes: +€34,780
- Financial income +€156,833
up €156,833 (+287%), from €54,636 to €211,469
- Gross operating margin +€115,696
up €115,696 (+14.3%), from €807,014 to €922,710
- Taxes +€34,996
up €34,996 (+26.6%), from €131,400 to €166,395
- Staff costs +€23,187
up €23,187 (+9.5%), from €242,824 to €266,011
- Depreciation +€16,318
up €16,318 (+36.7%), from €44,489 to €60,806
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 | €2,628,208 | €3,266,753 | +€638,545 | +24.3% |
| Fixed assets | 21/28 | €274,224 | €238,813 | -€35,411 | -12.9% |
| Tangible fixed assets | 22/27 | €266,965 | €231,421 | -€35,543 | -13.3% |
| Plant, machinery and equipment | 23 | €87,506 | €82,423 | -€5,083 | -5.8% |
| Furniture and vehicles | 24 | €58,870 | €42,899 | -€15,972 | -27.1% |
| Other tangible fixed assets | 26 | €120,589 | €106,100 | -€14,489 | -12.0% |
| Financial fixed assets | 28 | €7,259 | €7,391 | +€132 | +1.8% |
| Current assets | 29/58 | €2,353,985 | €3,027,940 | +€673,956 | +28.6% |
| Stocks and contracts in progress | 3 | €190,511 | €185,450 | -€5,061 | -2.7% |
| Stocks | 30/36 | €190,511 | €185,450 | -€5,061 | -2.7% |
| Amounts receivable within one year | 40/41 | €45,141 | €23,733 | -€21,408 | -47.4% |
| Trade receivables | 40 | €18,078 | €3,421 | -€14,657 | -81.1% |
| Other amounts receivable | 41 | €27,063 | €20,312 | -€6,750 | -24.9% |
| Current investments | 50/53 | €1,629,545 | €2,112,364 | +€482,819 | +29.6% |
| Cash at bank and in hand | 54/58 | €461,103 | €674,078 | +€212,975 | +46.2% |
| Deferred charges and accrued income | 490/1 | €27,684 | €32,315 | +€4,630 | +16.7% |
| Total equity and liabilities | 10/49 | €2,628,208 | €3,266,753 | +€638,545 | +24.3% |
| Equity | 10/15 | €2,311,914 | €2,938,435 | +€626,521 | +27.1% |
| Contributions | 10/11 | €110,000 | €110,000 | = | 0.0% |
| Reserves | 13 | €1,778,607 | €2,201,914 | +€423,307 | +23.8% |
| Distributable reserves | 133 | €1,778,607 | €2,201,914 | +€423,307 | +23.8% |
| Profit (loss) carried forward | 14 | €423,307 | €626,521 | +€203,214 | +48.0% |
| Amounts payable | 17/49 | €316,294 | €328,317 | +€12,023 | +3.8% |
| Amounts payable within one year | 42/48 | €316,294 | €328,317 | +€12,023 | +3.8% |
| Trade debts | 44 | €140,395 | €113,605 | -€26,790 | -19.1% |
| Suppliers | 440/4 | €140,395 | €113,605 | -€26,790 | -19.1% |
| Taxes, remuneration and social security | 45 | €101,648 | €139,144 | +€37,496 | +36.9% |
| Taxes | 450/3 | €52,737 | €87,518 | +€34,780 | +66.0% |
| Remuneration and social security | 454/9 | €48,911 | €51,627 | +€2,716 | +5.6% |
| Other amounts payable | 47/48 | €74,252 | €75,568 | +€1,317 | +1.8% |
| Remuneration, social security and pensions | 62 | €242,824 | €266,011 | +€23,187 | +9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,489 | €60,806 | +€16,318 | +36.7% |
| Other operating charges | 640/8 | €4,079 | €4,577 | +€499 | +12.2% |
| Gross operating margin | 9900 | €807,014 | €922,710 | +€115,696 | +14.3% |
| Operating profit (loss) | 9901 | €515,622 | €591,315 | +€75,693 | +14.7% |
| Financial income | 75/76B | €54,636 | €211,469 | +€156,833 | +287% |
| Recurring financial income | 75 | €54,636 | €211,469 | +€156,833 | +287% |
| Financial charges | 65/66B | €15,551 | €9,867 | -€5,684 | -36.6% |
| Recurring financial charges | 65 | €15,551 | €9,867 | -€5,684 | -36.6% |
| Profit (loss) for the period before taxes | 9903 | €554,707 | €792,916 | +€238,210 | +42.9% |
| Income taxes | 67/77 | €131,400 | €166,395 | +€34,996 | +26.6% |
| Profit (loss) for the period | 9904 | €423,307 | €626,521 | +€203,214 | +48.0% |
| Profit (loss) for the period to be appropriated | 9905 | €423,307 | €626,521 | +€203,214 | +48.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.