FLL Project: 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.
FLL Project
Largest movements
- Cash +€76,964
up €76,964 (+472.2%), from €16,298 to €93,261
mainly Net result for the year (+€55,648) and Tax, wage and social debts (+€11,538)
- Deferred charges and accrued income +€14,086
new in 2025: €14,086
- Receivables within one year -€7,629
down €7,629 (-44.8%), from €17,013 to €9,384
of which Trade receivables: -€7,398
- Profit (loss) carried forward +€55,648
up €55,648 (+280.7%), from €19,825 to €75,473
- Tax, wage and social debts +€11,538
up €11,538 (+212.2%), from €5,437 to €16,975
of which Taxes: +€13,288
- Other debts +€8,986
up €8,986 (+131.8%), from €6,818 to €15,804
- Trade debts +€8,031
up €8,031 (+1172.1%), from €685 to €8,716
- Gross operating margin +€58,326
up €58,326 (+343.7%), from €16,970 to €75,296
- Taxes +€12,894
up €12,894 (+412.5%), from €3,126 to €16,020
- Financial charges +€764
up €764 (+50.9%), from €1,501 to €2,264
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 | €35,823 | €120,025 | +€84,202 | +235.1% |
| Fixed assets | 21/28 | €2,512 | €3,293 | +€781 | +31.1% |
| Tangible fixed assets | 22/27 | €2,512 | €3,293 | +€781 | +31.1% |
| Land and buildings | 22 | - | €1,662 | +€1,662 | |
| Plant, machinery and equipment | 23 | €723 | €303 | -€420 | -58.1% |
| Furniture and vehicles | 24 | €1,789 | €1,328 | -€461 | -25.8% |
| Current assets | 29/58 | €33,311 | €116,732 | +€83,421 | +250.4% |
| Amounts receivable within one year | 40/41 | €17,013 | €9,384 | -€7,629 | -44.8% |
| Trade receivables | 40 | €16,492 | €9,094 | -€7,398 | -44.9% |
| Other amounts receivable | 41 | €521 | €290 | -€231 | -44.3% |
| Cash at bank and in hand | 54/58 | €16,298 | €93,261 | +€76,964 | +472.2% |
| Deferred charges and accrued income | 490/1 | - | €14,086 | +€14,086 | |
| Total equity and liabilities | 10/49 | €35,823 | €120,025 | +€84,202 | +235.1% |
| Equity | 10/15 | €22,825 | €78,473 | +€55,648 | +243.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,825 | €75,473 | +€55,648 | +280.7% |
| Amounts payable | 17/49 | €12,998 | €41,551 | +€28,553 | +219.7% |
| Amounts payable within one year | 42/48 | €12,940 | €41,496 | +€28,556 | +220.7% |
| Trade debts | 44 | €685 | €8,716 | +€8,031 | +1172.1% |
| Suppliers | 440/4 | €685 | €8,716 | +€8,031 | +1172.1% |
| Taxes, remuneration and social security | 45 | €5,437 | €16,975 | +€11,538 | +212.2% |
| Taxes | 450/3 | €3,687 | €16,975 | +€13,288 | +360.4% |
| Remuneration and social security | 454/9 | €1,750 | - | -€1,750 | |
| Other amounts payable | 47/48 | €6,818 | €15,804 | +€8,986 | +131.8% |
| Accrued charges and deferred income | 492/3 | €58 | €56 | -€2 | -3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €881 | €1,219 | +€338 | +38.3% |
| Other operating charges | 640/8 | - | €184 | +€184 | |
| Gross operating margin | 9900 | €16,970 | €75,296 | +€58,326 | +343.7% |
| Operating profit (loss) | 9901 | €16,088 | €73,892 | +€57,804 | +359.3% |
| Financial income | 75/76B | €29 | €40 | +€11 | +36.0% |
| Recurring financial income | 75 | €29 | €40 | +€11 | +36.0% |
| Financial charges | 65/66B | €1,501 | €2,264 | +€764 | +50.9% |
| Recurring financial charges | 65 | €1,501 | €2,264 | +€764 | +50.9% |
| Profit (loss) for the period before taxes | 9903 | €14,617 | €71,668 | +€57,051 | +390.3% |
| Income taxes | 67/77 | €3,126 | €16,020 | +€12,894 | +412.5% |
| Profit (loss) for the period | 9904 | €11,491 | €55,648 | +€44,157 | +384.3% |
| Profit (loss) for the period to be appropriated | 9905 | €11,491 | €55,648 | +€44,157 | +384.3% |
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.