FLIE: 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.
FLIE
Largest movements
- Receivables within one year +€19,432
new in 2025: €19,432
of which Trade receivables: +€19,402
- Reserves +€104,255
up €104,255 (+171.0%), from €60,981 to €165,236
of which Distributable reserves: +€104,255
- Profit (loss) carried forward -€67,570
down €67,570 (-64.8%), from €104,255 to €36,685
- Debts after one year -€14,675
down €14,675 (-9.1%), from €161,157 to €146,482
- Tax, wage and social debts -€7,771
down €7,771 (-19.0%), from €40,977 to €33,206
of which Taxes: -€5,037
- Trade debts -€5,277
down €5,277 (-27.5%), from €19,171 to €13,894
- Gross operating margin +€29,533
up €29,533 (+46.6%), from €63,429 to €92,962
- Taxes +€6,640
up €6,640 (+85.9%), from €7,729 to €14,369
- Depreciation +€1,213
up €1,213 (+3.8%), from €31,946 to €33,159
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.
Cash bridge derived
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 | €454,624 | €468,052 | +€13,428 | +3.0% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €447,974 | €444,413 | -€3,561 | -0.8% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €447,704 | €444,143 | -€3,561 | -0.8% |
| Land and buildings | 22 | €444,948 | €436,034 | -€8,914 | -2.0% |
| Plant, machinery and equipment | 23 | €2,757 | €1,033 | -€1,723 | -62.5% |
| Furniture and vehicles | 24 | - | €7,076 | +€7,076 | |
| Financial fixed assets | 28 | €270 | €270 | = | 0.0% |
| Current assets | 29/58 | €6,649 | €23,639 | +€16,990 | +255.5% |
| Amounts receivable within one year | 40/41 | - | €19,432 | +€19,432 | |
| Trade receivables | 40 | - | €19,402 | +€19,402 | |
| Other amounts receivable | 41 | - | €30 | +€30 | |
| Cash at bank and in hand | 54/58 | €2,597 | - | -€2,597 | |
| Deferred charges and accrued income | 490/1 | €4,052 | €4,207 | +€155 | +3.8% |
| Total equity and liabilities | 10/49 | €454,624 | €468,052 | +€13,428 | +3.0% |
| Equity | 10/15 | €171,436 | €208,121 | +€36,685 | +21.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €60,981 | €165,236 | +€104,255 | +171.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €59,121 | €163,376 | +€104,255 | +176.3% |
| Profit (loss) carried forward | 14 | €104,255 | €36,685 | -€67,570 | -64.8% |
| Amounts payable | 17/49 | €283,187 | €259,931 | -€23,257 | -8.2% |
| Amounts payable after more than one year | 17 | €161,157 | €146,482 | -€14,675 | -9.1% |
| Financial debts | 170/4 | €161,157 | €146,482 | -€14,675 | -9.1% |
| Amounts payable within one year | 42/48 | €122,031 | €112,898 | -€9,132 | -7.5% |
| Current portion of amounts payable after more than one year | 42 | €14,419 | €14,675 | +€256 | +1.8% |
| Financial debts | 43 | - | €1,182 | +€1,182 | |
| Credit institutions | 430/8 | - | €1,182 | +€1,182 | |
| Trade debts | 44 | €19,171 | €13,894 | -€5,277 | -27.5% |
| Suppliers | 440/4 | €19,171 | €13,894 | -€5,277 | -27.5% |
| Advances received on contracts in progress | 46 | €2,464 | - | -€2,464 | |
| Taxes, remuneration and social security | 45 | €40,977 | €33,206 | -€7,771 | -19.0% |
| Taxes | 450/3 | €38,243 | €33,206 | -€5,037 | -13.2% |
| Remuneration and social security | 454/9 | €2,734 | - | -€2,734 | |
| Other amounts payable | 47/48 | €45,000 | €49,941 | +€4,941 | +11.0% |
| Accrued charges and deferred income | 492/3 | - | €550 | +€550 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,946 | €33,159 | +€1,213 | +3.8% |
| Other operating charges | 640/8 | €1,053 | €1,082 | +€29 | +2.8% |
| Non-recurring operating charges | 66A | €63 | - | -€63 | |
| Gross operating margin | 9900 | €63,429 | €92,962 | +€29,533 | +46.6% |
| Operating profit (loss) | 9901 | €30,367 | €58,721 | +€28,354 | +93.4% |
| Financial charges | 65/66B | €7,872 | €7,667 | -€205 | -2.6% |
| Recurring financial charges | 65 | €7,872 | €7,667 | -€205 | -2.6% |
| Profit (loss) for the period before taxes | 9903 | €22,495 | €51,054 | +€28,559 | +127.0% |
| Income taxes | 67/77 | €7,729 | €14,369 | +€6,640 | +85.9% |
| Profit (loss) for the period | 9904 | €14,766 | €36,685 | +€21,919 | +148.4% |
| Profit (loss) for the period to be appropriated | 9905 | €14,766 | €36,685 | +€21,919 | +148.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.