FLINK: 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.
FLINK
Largest movements
- Receivables within one year +€76,669
up €76,669 (+183.1%), from €41,873 to €118,543
of which Trade receivables: +€76,669
- Cash +€24,327
up €24,327 (+54.0%), from €45,089 to €69,416
mainly Net result for the year (+€73,518) and Tax, wage and social debts (+€19,953)
- Reserves +€73,518
up €73,518 (+218.9%), from €33,584 to €107,103
- Tax, wage and social debts +€19,953
up €19,953 (+205.1%), from €9,727 to €29,680
- Trade debts +€6,016
up €6,016 (+397.8%), from €1,512 to €7,528
- Gross operating margin +€68,535
up €68,535 (+140.7%), from €48,706 to €117,241
- Taxes +€23,029
up €23,029 (+145.2%), from €15,855 to €38,884
- Financial charges -€1,391
down €1,391 (-41.7%), from €3,337 to €1,946
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 | €89,426 | €188,931 | +€99,506 | +111.3% |
| Fixed assets | 21/28 | €1,802 | €50 | -€1,752 | -97.2% |
| Tangible fixed assets | 22/27 | €1,752 | €0 | -€1,752 | -100.0% |
| Plant, machinery and equipment | 23 | €1,752 | €0 | -€1,752 | -100.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €87,624 | €188,881 | +€101,257 | +115.6% |
| Amounts receivable within one year | 40/41 | €41,873 | €118,543 | +€76,669 | +183.1% |
| Trade receivables | 40 | €41,873 | €118,543 | +€76,669 | +183.1% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €45,089 | €69,416 | +€24,327 | +54.0% |
| Deferred charges and accrued income | 490/1 | €662 | €923 | +€261 | +39.5% |
| Total equity and liabilities | 10/49 | €89,426 | €188,931 | +€99,506 | +111.3% |
| Equity | 10/15 | €52,184 | €125,703 | +€73,518 | +140.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €33,584 | €107,103 | +€73,518 | +218.9% |
| Distributable reserves | 133 | €33,584 | €107,103 | +€73,518 | +218.9% |
| Amounts payable | 17/49 | €37,242 | €63,229 | +€25,987 | +69.8% |
| Amounts payable after more than one year | 17 | €25,000 | €25,000 | = | 0.0% |
| Financial debts | 170/4 | €25,000 | €25,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €11,458 | €37,529 | +€26,071 | +227.5% |
| Trade debts | 44 | €1,512 | €7,528 | +€6,016 | +397.8% |
| Suppliers | 440/4 | €1,512 | €7,528 | +€6,016 | +397.8% |
| Taxes, remuneration and social security | 45 | €9,727 | €29,680 | +€19,953 | +205.1% |
| Taxes | 450/3 | €9,727 | €29,680 | +€19,953 | +205.1% |
| Other amounts payable | 47/48 | €218 | €321 | +€103 | +47.1% |
| Accrued charges and deferred income | 492/3 | €784 | €700 | -€84 | -10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,435 | €1,752 | -€684 | -28.1% |
| Other operating charges | 640/8 | €1,065 | €1,141 | +€76 | +7.2% |
| Gross operating margin | 9900 | €48,706 | €117,241 | +€68,535 | +140.7% |
| Operating profit (loss) | 9901 | €45,205 | €114,348 | +€69,143 | +153.0% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €3,337 | €1,946 | -€1,391 | -41.7% |
| Recurring financial charges | 65 | €3,337 | €1,946 | -€1,391 | -41.7% |
| Profit (loss) for the period before taxes | 9903 | €41,868 | €112,402 | +€70,534 | +168.5% |
| Income taxes | 67/77 | €15,855 | €38,884 | +€23,029 | +145.2% |
| Profit (loss) for the period | 9904 | €26,013 | €73,518 | +€47,505 | +182.6% |
| Profit (loss) for the period to be appropriated | 9905 | €26,013 | €73,518 | +€47,505 | +182.6% |
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 10 October 2026 via checked.be.