FLITWICK: 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.
FLITWICK
Largest movements
- Receivables within one year +€11,372
up €11,372 (+229.6%), from €4,954 to €16,325
- Cash +€10,968
up €10,968 (+140.2%), from €7,821 to €18,788
mainly Other debts (+€11,650) and Depreciation (+€5,029)
- Tangible fixed assets -€3,709
down €3,709 (-49.8%), from €7,451 to €3,741
of which Plant, machinery and equipment: -€2,273
- Intangible fixed assets -€1,319
down €1,319 (-67.0%), from €1,970 to €651
- Deferred charges and accrued income -€1,200
down €1,200 (-71.6%), from €1,675 to €475
- Other debts +€11,650
up €11,650 (+35.0%), from €33,297 to €44,947
- Profit (loss) carried forward +€4,224
up €4,224 (+24.7%), from -€17,108 to -€12,885
- Trade debts +€403
up €403 (+253.9%), from €159 to €562
- Gross operating margin +€26,728
up €26,728, from -€15,405 to €11,323
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 | €23,870 | €39,981 | +€16,111 | +67.5% |
| Fixed assets | 21/28 | €9,421 | €4,392 | -€5,029 | -53.4% |
| Intangible fixed assets | 21 | €1,970 | €651 | -€1,319 | -67.0% |
| Tangible fixed assets | 22/27 | €7,451 | €3,741 | -€3,709 | -49.8% |
| Plant, machinery and equipment | 23 | €4,901 | €2,628 | -€2,273 | -46.4% |
| Furniture and vehicles | 24 | €2,549 | €1,113 | -€1,436 | -56.3% |
| Current assets | 29/58 | €14,449 | €35,589 | +€21,139 | +146.3% |
| Amounts receivable within one year | 40/41 | €4,954 | €16,325 | +€11,372 | +229.6% |
| Trade receivables | 40 | €4,954 | €16,325 | +€11,372 | +229.6% |
| Cash at bank and in hand | 54/58 | €7,821 | €18,788 | +€10,968 | +140.2% |
| Deferred charges and accrued income | 490/1 | €1,675 | €475 | -€1,200 | -71.6% |
| Total equity and liabilities | 10/49 | €23,870 | €39,981 | +€16,111 | +67.5% |
| Equity | 10/15 | -€14,108 | -€9,885 | +€4,224 | +29.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,108 | -€12,885 | +€4,224 | +24.7% |
| Amounts payable | 17/49 | €37,979 | €49,866 | +€11,887 | +31.3% |
| Amounts payable within one year | 42/48 | €37,979 | €49,866 | +€11,887 | +31.3% |
| Trade debts | 44 | €159 | €562 | +€403 | +253.9% |
| Suppliers | 440/4 | €159 | €562 | +€403 | +253.9% |
| Taxes, remuneration and social security | 45 | €4,523 | €4,358 | -€166 | -3.7% |
| Taxes | 450/3 | €4,523 | €4,358 | -€166 | -3.7% |
| Other amounts payable | 47/48 | €33,297 | €44,947 | +€11,650 | +35.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,029 | €5,029 | = | 0.0% |
| Other operating charges | 640/8 | €1,035 | €1,124 | +€90 | +8.7% |
| Gross operating margin | 9900 | -€15,405 | €11,323 | +€26,728 | |
| Operating profit (loss) | 9901 | -€21,468 | €5,170 | +€26,638 | |
| Financial charges | 65/66B | €976 | €837 | -€139 | -14.2% |
| Recurring financial charges | 65 | €976 | €837 | -€139 | -14.2% |
| Profit (loss) for the period before taxes | 9903 | -€22,444 | €4,333 | +€26,777 | |
| Income taxes | 67/77 | €36 | €109 | +€74 | +206.4% |
| Profit (loss) for the period | 9904 | -€22,479 | €4,224 | +€26,703 | |
| Profit (loss) for the period to be appropriated | 9905 | -€22,479 | €4,224 | +€26,703 |
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 6 October 2026 via checked.be.