FLG STABLE: what changed
Two fiscal 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.
FLG STABLE
Largest movements
- Cash -€5,252
down €5,252 (-95.7%), from €5,485 to €233
mainly Tax, wage and social debts (-€13,871) and Investment in fixed assets (net) (-€6,811)
- Receivables within one year +€4,524
up €4,524 (+72.3%), from €6,261 to €10,785
of which Trade receivables: +€7,337
- Stocks and contracts -€1,890
down €1,890 (-100.0%), from €1,890 to €0
- Tangible fixed assets -€1,232
down €1,232 (-3.8%), from €32,102 to €30,870
of which Furniture and vehicles: -€5,400
- Other debts +€23,247
up €23,247 (+58.7%), from €39,595 to €62,842
- Tax, wage and social debts -€13,871
down €13,871 (-57.6%), from €24,092 to €10,220
of which Remuneration and social security: -€15,990
- Debts after one year -€5,535
down €5,535 (-100.0%), from €5,535 to €0
- Trade debts -€4,047
down €4,047 (-19.1%), from €21,174 to €17,127
- Profit (loss) carried forward -€3,730
down €3,730 (-7.1%), from -€52,265 to -€55,995
- Staff costs -€27,689
down €27,689 (-69.4%), from €39,881 to €12,192
- Financial charges +€880
up €880 (+92.3%), from €953 to €1,833
- Depreciation +€558
up €558 (+7.2%), from €7,782 to €8,340
- Gross operating margin -€252
down €252 (-1.3%), from €19,723 to €19,472
- Other operating charges +€232
up €232 (+38.4%), from €603 to €835
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €46,877 | €42,729 | -€4,148 | -8.8% |
| Formation expenses | 20 | €1,053 | €755 | -€298 | -28.3% |
| Fixed assets | 21/28 | €32,102 | €30,870 | -€1,232 | -3.8% |
| Tangible fixed assets | 22/27 | €32,102 | €30,870 | -€1,232 | -3.8% |
| Land and buildings | 22 | €8,965 | €7,955 | -€1,010 | -11.3% |
| Plant, machinery and equipment | 23 | €3,787 | €2,712 | -€1,074 | -28.4% |
| Furniture and vehicles | 24 | €19,350 | €13,950 | -€5,400 | -27.9% |
| Other tangible fixed assets | 26 | - | €6,252 | +€6,252 | |
| Current assets | 29/58 | €13,722 | €11,104 | -€2,618 | -19.1% |
| Stocks and contracts in progress | 3 | €1,890 | €0 | -€1,890 | -100.0% |
| Stocks | 30/36 | €1,890 | €0 | -€1,890 | -100.0% |
| Amounts receivable within one year | 40/41 | €6,261 | €10,785 | +€4,524 | +72.3% |
| Trade receivables | 40 | €3,449 | €10,785 | +€7,337 | +212.7% |
| Other amounts receivable | 41 | €2,813 | €0 | -€2,813 | -100.0% |
| Cash at bank and in hand | 54/58 | €5,485 | €233 | -€5,252 | -95.7% |
| Deferred charges and accrued income | 490/1 | €85 | €85 | = | 0.0% |
| Total equity and liabilities | 10/49 | €46,877 | €42,729 | -€4,148 | -8.8% |
| Equity | 10/15 | -€49,265 | -€52,995 | -€3,730 | -7.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€52,265 | -€55,995 | -€3,730 | -7.1% |
| Amounts payable | 17/49 | €96,142 | €95,724 | -€418 | -0.4% |
| Amounts payable after more than one year | 17 | €5,535 | €0 | -€5,535 | -100.0% |
| Financial debts | 170/4 | €5,535 | €0 | -€5,535 | -100.0% |
| Amounts payable within one year | 42/48 | €90,607 | €95,724 | +€5,117 | +5.6% |
| Current portion of amounts payable after more than one year | 42 | €5,747 | €5,535 | -€212 | -3.7% |
| Trade debts | 44 | €21,174 | €17,127 | -€4,047 | -19.1% |
| Suppliers | 440/4 | €21,174 | €17,127 | -€4,047 | -19.1% |
| Taxes, remuneration and social security | 45 | €24,092 | €10,220 | -€13,871 | -57.6% |
| Taxes | 450/3 | €7,420 | €9,538 | +€2,118 | +28.6% |
| Remuneration and social security | 454/9 | €16,672 | €682 | -€15,990 | -95.9% |
| Other amounts payable | 47/48 | €39,595 | €62,842 | +€23,247 | +58.7% |
| Remuneration, social security and pensions | 62 | €39,881 | €12,192 | -€27,689 | -69.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,782 | €8,340 | +€558 | +7.2% |
| Other operating charges | 640/8 | €603 | €835 | +€232 | +38.4% |
| Gross operating margin | 9900 | €19,723 | €19,472 | -€252 | -1.3% |
| Operating profit (loss) | 9901 | -€28,544 | -€1,896 | +€26,647 | +93.4% |
| Financial charges | 65/66B | €953 | €1,833 | +€880 | +92.3% |
| Recurring financial charges | 65 | €953 | €1,833 | +€880 | +92.3% |
| Profit (loss) for the period before taxes | 9903 | -€29,497 | -€3,730 | +€25,767 | +87.4% |
| Profit (loss) for the period | 9904 | -€29,497 | -€3,730 | +€25,767 | +87.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,497 | -€3,730 | +€25,767 | +87.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.