FLK: 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.
FLK
Largest movements
- Cash -€9,854
down €9,854 (-61.1%), from €16,129 to €6,275
mainly Net result for the year (-€11,128) and Deferred charges and accrued income (-€4,413)
- Deferred charges and accrued income +€4,413
up €4,413 (+1965.6%), from €225 to €4,638
- Receivables within one year +€1,701
up €1,701 (+54.9%), from €3,101 to €4,802
of which Trade receivables: +€4,802
- Tangible fixed assets +€1,029
new in 2025: €1,029
- Profit (loss) carried forward -€11,128
down €11,128 (-78.4%), from €14,201 to €3,073
- Accrued charges and deferred income +€4,492
new in 2025: €4,492
- Trade debts +€3,925
up €3,925 (+601.3%), from €653 to €4,578
- Gross operating margin -€12,791
down €12,791, from €2,207 to -€10,584
- Taxes -€549
no longer reported in 2025 (was €549)
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 | €19,514 | €16,803 | -€2,711 | -13.9% |
| Fixed assets | 21/28 | €60 | €1,089 | +€1,029 | +1714.2% |
| Tangible fixed assets | 22/27 | - | €1,029 | +€1,029 | |
| Plant, machinery and equipment | 23 | - | €1,029 | +€1,029 | |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €19,454 | €15,714 | -€3,739 | -19.2% |
| Amounts receivable within one year | 40/41 | €3,101 | €4,802 | +€1,701 | +54.9% |
| Trade receivables | 40 | - | €4,802 | +€4,802 | |
| Other amounts receivable | 41 | €3,101 | - | -€3,101 | |
| Cash at bank and in hand | 54/58 | €16,129 | €6,275 | -€9,854 | -61.1% |
| Deferred charges and accrued income | 490/1 | €225 | €4,638 | +€4,413 | +1965.6% |
| Total equity and liabilities | 10/49 | €19,514 | €16,803 | -€2,711 | -13.9% |
| Equity | 10/15 | €18,701 | €7,573 | -€11,128 | -59.5% |
| Contributions | 10/11 | €4,500 | €4,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,201 | €3,073 | -€11,128 | -78.4% |
| Amounts payable | 17/49 | €813 | €9,230 | +€8,418 | +1035.6% |
| Amounts payable within one year | 42/48 | €813 | €4,738 | +€3,925 | +483.0% |
| Trade debts | 44 | €653 | €4,578 | +€3,925 | +601.3% |
| Suppliers | 440/4 | €653 | €4,578 | +€3,925 | +601.3% |
| Taxes, remuneration and social security | 45 | €160 | €160 | = | 0.0% |
| Taxes | 450/3 | - | €160 | +€160 | |
| Remuneration and social security | 454/9 | €160 | - | -€160 | |
| Accrued charges and deferred income | 492/3 | - | €4,492 | +€4,492 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €9 | +€9 | |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €2,207 | -€10,584 | -€12,791 | |
| Operating profit (loss) | 9901 | €1,820 | -€10,993 | -€12,813 | |
| Financial income | 75/76B | - | €15 | +€15 | |
| Recurring financial income | 75 | - | €15 | +€15 | |
| Financial charges | 65/66B | €135 | €150 | +€15 | +11.1% |
| Recurring financial charges | 65 | €135 | €150 | +€15 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | €1,685 | -€11,128 | -€12,813 | |
| Income taxes | 67/77 | €549 | - | -€549 | |
| Profit (loss) for the period | 9904 | €1,135 | -€11,128 | -€12,264 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,135 | -€11,128 | -€12,264 |
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.