Fleur de Lin: 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.
Fleur de Lin
Largest movements
- Cash -€3,168
down €3,168 (-41.7%), from €7,602 to €4,433
mainly Current portion of long-term debt (-€4,380) and Stocks and contracts (-€2,708)
- Stocks and contracts +€2,708
up €2,708 (+2.8%), from €95,480 to €98,188
- Tangible fixed assets -€2,298
down €2,298 (-18.9%), from €12,169 to €9,872
of which Other tangible fixed assets: -€2,027
- Current portion of long-term debt -€4,380
down €4,380 (-72.6%), from €6,030 to €1,650
- Trade debts +€1,304
up €1,304 (+684%), from €191 to €1,495
- Tax, wage and social debts +€1,264
up €1,264 (+34.7%), from €3,641 to €4,905
- Financial charges +€2,334
up €2,334 (+266%), from €879 to €3,213
- Gross operating margin +€1,228
up €1,228 (+29.0%), from €4,232 to €5,460
- Financial income -€605
down €605 (-46.7%), from €1,295 to €690
- Depreciation -€410
down €410 (-15.1%), from €2,707 to €2,298
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 | €115,379 | €112,622 | -€2,757 | -2.4% |
| Fixed assets | 21/28 | €12,169 | €9,872 | -€2,298 | -18.9% |
| Tangible fixed assets | 22/27 | €12,169 | €9,872 | -€2,298 | -18.9% |
| Land and buildings | 22 | €0 | - | = | |
| Furniture and vehicles | 24 | €270 | €0 | -€270 | -100% |
| Other tangible fixed assets | 26 | €11,899 | €9,872 | -€2,027 | -17.0% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €103,210 | €102,750 | -€459 | -0.4% |
| Stocks and contracts in progress | 3 | €95,480 | €98,188 | +€2,708 | +2.8% |
| Stocks | 30/36 | €95,480 | €98,188 | +€2,708 | +2.8% |
| Amounts receivable within one year | 40/41 | €0 | €0 | = | |
| Trade receivables | 40 | €0 | €0 | = | |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €7,602 | €4,433 | -€3,168 | -41.7% |
| Deferred charges and accrued income | 490/1 | €128 | €129 | +€1 | +0.9% |
| Total equity and liabilities | 10/49 | €115,379 | €112,622 | -€2,757 | -2.4% |
| Equity | 10/15 | €11,172 | €11,266 | +€95 | +0.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €5,434 | €5,434 | = | 0.0% |
| Distributable reserves | 133 | €5,434 | €5,434 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,262 | -€4,167 | +€95 | +2.2% |
| Amounts payable | 17/49 | €104,207 | €101,356 | -€2,851 | -2.7% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €104,075 | €101,356 | -€2,719 | -2.6% |
| Current portion of amounts payable after more than one year | 42 | €6,030 | €1,650 | -€4,380 | -72.6% |
| Trade debts | 44 | €191 | €1,495 | +€1,304 | +684% |
| Suppliers | 440/4 | €191 | €1,495 | +€1,304 | +684% |
| Taxes, remuneration and social security | 45 | €3,641 | €4,905 | +€1,264 | +34.7% |
| Taxes | 450/3 | €3,641 | €4,905 | +€1,264 | +34.7% |
| Other amounts payable | 47/48 | €94,213 | €93,305 | -€908 | -1.0% |
| Accrued charges and deferred income | 492/3 | €132 | €0 | -€132 | -100% |
| Turnover | 70 | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,707 | €2,298 | -€410 | -15.1% |
| Other operating charges | 640/8 | €532 | €545 | +€12 | +2.3% |
| Non-recurring operating charges | 66A | - | €0 | = | |
| Gross operating margin | 9900 | €4,232 | €5,460 | +€1,228 | +29.0% |
| Operating profit (loss) | 9901 | €993 | €2,618 | +€1,625 | +164% |
| Financial income | 75/76B | €1,295 | €690 | -€605 | -46.7% |
| Recurring financial income | 75 | €1,295 | €690 | -€605 | -46.7% |
| Financial charges | 65/66B | €879 | €3,213 | +€2,334 | +266% |
| Recurring financial charges | 65 | €879 | €3,213 | +€2,334 | +266% |
| Profit (loss) for the period before taxes | 9903 | €1,410 | €95 | -€1,315 | -93.3% |
| Profit (loss) for the period | 9904 | €1,410 | €95 | -€1,315 | -93.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,410 | €95 | -€1,315 | -93.3% |
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 24 October 2026 via checked.be.