FLO: 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.
FLO
Largest movements
- Stocks and contracts -€3,060
down €3,060 (-14.1%), from €21,640 to €18,580
- Cash -€472
down €472 (-19.5%), from €2,426 to €1,954
mainly Other debts (-€20,446) and Tax, wage and social debts (-€1,006)
- Other debts -€20,446
down €20,446 (-45.3%), from €45,163 to €24,717
- Profit (loss) carried forward +€12,999
up €12,999 (+10.2%), from -€126,894 to -€113,895
- Trade debts +€5,186
up €5,186 (+38.7%), from €13,400 to €18,586
- Tax, wage and social debts -€1,006
down €1,006 (-20.8%), from €4,848 to €3,842
- Financial income -€17,866
no longer reported in 2025 (was €17,866)
of which Non-recurring financial income: -€16,666
- Depreciation -€17,374
no longer reported in 2025 (was €17,374)
- Gross operating margin -€8,966
down €8,966 (-38.5%), from €23,297 to €14,331
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 | €27,048 | €23,781 | -€3,267 | -12.1% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Land and buildings | 22 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €27,048 | €23,781 | -€3,267 | -12.1% |
| Stocks and contracts in progress | 3 | €21,640 | €18,580 | -€3,060 | -14.1% |
| Stocks | 30/36 | €21,640 | €18,580 | -€3,060 | -14.1% |
| Cash at bank and in hand | 54/58 | €2,426 | €1,954 | -€472 | -19.5% |
| Deferred charges and accrued income | 490/1 | €2,982 | €3,247 | +€265 | +8.9% |
| Total equity and liabilities | 10/49 | €27,048 | €23,781 | -€3,267 | -12.1% |
| Equity | 10/15 | -€36,363 | -€23,364 | +€12,999 | +35.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Share premium | 1100/10 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €71,931 | €71,931 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Other | 1319 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | €70,071 | €70,071 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€126,894 | -€113,895 | +€12,999 | +10.2% |
| Amounts payable | 17/49 | €63,411 | €47,145 | -€16,266 | -25.7% |
| Amounts payable within one year | 42/48 | €63,411 | €47,145 | -€16,266 | -25.7% |
| Trade debts | 44 | €13,400 | €18,586 | +€5,186 | +38.7% |
| Suppliers | 440/4 | €13,400 | €18,586 | +€5,186 | +38.7% |
| Taxes, remuneration and social security | 45 | €4,848 | €3,842 | -€1,006 | -20.8% |
| Taxes | 450/3 | €4,848 | €3,842 | -€1,006 | -20.8% |
| Other amounts payable | 47/48 | €45,163 | €24,717 | -€20,446 | -45.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,374 | - | -€17,374 | |
| Other operating charges | 640/8 | €705 | €714 | +€9 | +1.3% |
| Gross operating margin | 9900 | €23,297 | €14,331 | -€8,966 | -38.5% |
| Operating profit (loss) | 9901 | €5,218 | €13,617 | +€8,399 | +161.0% |
| Financial income | 75/76B | €17,866 | - | -€17,866 | |
| Recurring financial income | 75 | €1,200 | - | -€1,200 | |
| Non-recurring financial income | 76B | €16,666 | - | -€16,666 | |
| Financial charges | 65/66B | €558 | €618 | +€60 | +10.8% |
| Recurring financial charges | 65 | €558 | €618 | +€60 | +10.8% |
| Profit (loss) for the period before taxes | 9903 | €22,526 | €12,999 | -€9,527 | -42.3% |
| Profit (loss) for the period | 9904 | €22,526 | €12,999 | -€9,527 | -42.3% |
| Profit (loss) for the period to be appropriated | 9905 | €22,526 | €12,999 | -€9,527 | -42.3% |
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.