Flexfueler 002: 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.
Flexfueler 002
Largest movements
- Receivables after one year -€686,924
down €686,924 (-10.9%), from €6.3m to €5.6m
- Deferred charges and accrued income +€603,908
up €603,908 (+16.8%), from €3.6m to €4.2m
- Profit (loss) carried forward +€665,832
up €665,832 (+33.7%), from €2.0m to €2.6m
- Debts after one year -€506,666
down €506,666 (-9.1%), from €5.6m to €5.1m
- Short-term financial debts -€265,061
down €265,061 (-43.6%), from €607,338 to €342,277
- Financial charges -€41,707
down €41,707 (-12.7%), from €327,248 to €285,541
- Gross operating margin +€38,627
up €38,627 (+42.2%), from €91,513 to €130,140
- Taxes +€16,474
up €16,474 (+8.0%), from €205,470 to €221,944
- Financial income -€14,437
down €14,437 (-1.4%), from €1.1m to €1.0m
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,069,022 | €10,974,370 | -€94,652 | -0.9% |
| Current assets | 29/58 | €11,069,022 | €10,974,370 | -€94,652 | -0.9% |
| Amounts receivable after more than one year | 29 | €6,325,538 | €5,638,614 | -€686,924 | -10.9% |
| Trade receivables | 290 | €6,325,538 | €5,638,614 | -€686,924 | -10.9% |
| Amounts receivable within one year | 40/41 | €1,153,883 | €1,142,247 | -€11,636 | -1.0% |
| Trade receivables | 40 | €1,149,744 | €1,140,151 | -€9,593 | -0.8% |
| Other amounts receivable | 41 | €4,139 | €2,096 | -€2,043 | -49.4% |
| Deferred charges and accrued income | 490/1 | €3,589,601 | €4,193,509 | +€603,908 | +16.8% |
| Total equity and liabilities | 10/49 | €11,069,022 | €10,974,370 | -€94,652 | -0.9% |
| Equity | 10/15 | €4,234,585 | €4,900,417 | +€665,832 | +15.7% |
| Contributions | 10/11 | €2,260,000 | €2,260,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,974,585 | €2,640,417 | +€665,832 | +33.7% |
| Amounts payable | 17/49 | €6,834,437 | €6,073,953 | -€760,484 | -11.1% |
| Amounts payable after more than one year | 17 | €5,573,333 | €5,066,667 | -€506,666 | -9.1% |
| Financial debts | 170/4 | €5,573,333 | €5,066,667 | -€506,666 | -9.1% |
| Amounts payable within one year | 42/48 | €1,141,572 | €898,722 | -€242,850 | -21.3% |
| Current portion of amounts payable after more than one year | 42 | €506,667 | €506,667 | = | 0.0% |
| Financial debts | 43 | €607,338 | €342,277 | -€265,061 | -43.6% |
| Credit institutions | 430/8 | €607,338 | €342,277 | -€265,061 | -43.6% |
| Trade debts | 44 | €7,097 | €7,364 | +€267 | +3.8% |
| Suppliers | 440/4 | €7,097 | €7,364 | +€267 | +3.8% |
| Taxes, remuneration and social security | 45 | €20,470 | €42,414 | +€21,944 | +107% |
| Taxes | 450/3 | €20,470 | €42,414 | +€21,944 | +107% |
| Accrued charges and deferred income | 492/3 | €119,532 | €108,564 | -€10,968 | -9.2% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €91,513 | €130,140 | +€38,627 | +42.2% |
| Operating profit (loss) | 9901 | €91,395 | €130,020 | +€38,625 | +42.3% |
| Financial income | 75/76B | €1,057,734 | €1,043,297 | -€14,437 | -1.4% |
| Recurring financial income | 75 | €1,057,734 | €1,043,297 | -€14,437 | -1.4% |
| Financial charges | 65/66B | €327,248 | €285,541 | -€41,707 | -12.7% |
| Recurring financial charges | 65 | €327,248 | €285,541 | -€41,707 | -12.7% |
| Profit (loss) for the period before taxes | 9903 | €821,881 | €887,776 | +€65,895 | +8.0% |
| Income taxes | 67/77 | €205,470 | €221,944 | +€16,474 | +8.0% |
| Profit (loss) for the period | 9904 | €616,411 | €665,832 | +€49,421 | +8.0% |
| Profit (loss) for the period to be appropriated | 9905 | €616,411 | €665,832 | +€49,421 | +8.0% |
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 23 October 2026 via checked.be.