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
- Receivables within one year +€20,602
up €20,602 (+200.7%), from €10,266 to €30,868
of which Trade receivables: +€22,357
- Tangible fixed assets +€13,351
new in 2024: €13,351
of which Furniture and vehicles: +€11,126
- Cash +€11,460
up €11,460 (+94.1%), from €12,177 to €23,637
- Reserves +€24,429
up €24,429 (+206.3%), from €11,840 to €36,269
- Trade debts +€14,600
up €14,600 (+551.7%), from €2,646 to €17,246
- Tax, wage and social debts +€5,802
up €5,802 (+117.1%), from €4,956 to €10,758
- Gross operating margin +€6,234
up €6,234 (+38.6%), from €16,138 to €22,373
- Depreciation +€2,739
new in 2024: €2,739
- Other operating charges +€2,418
new in 2024: €2,418
- Taxes -€354
down €354 (-7.1%), from €4,956 to €4,602
- Financial income -€235
down €235 (-35.7%), from €658 to €423
From the 2022 result to the 2024 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €22,443 | €67,856 | +€45,414 | +202.4% |
| Fixed assets | 21/28 | - | €13,351 | +€13,351 | |
| Tangible fixed assets | 22/27 | - | €13,351 | +€13,351 | |
| Land and buildings | 22 | - | €2,226 | +€2,226 | |
| Furniture and vehicles | 24 | - | €11,126 | +€11,126 | |
| Current assets | 29/58 | €22,443 | €54,505 | +€32,062 | +142.9% |
| Amounts receivable within one year | 40/41 | €10,266 | €30,868 | +€20,602 | +200.7% |
| Trade receivables | 40 | - | €22,357 | +€22,357 | |
| Other amounts receivable | 41 | €10,266 | €8,511 | -€1,755 | -17.1% |
| Cash at bank and in hand | 54/58 | €12,177 | €23,637 | +€11,460 | +94.1% |
| Total equity and liabilities | 10/49 | €22,443 | €67,856 | +€45,414 | +202.4% |
| Equity | 10/15 | €14,840 | €39,269 | +€24,429 | +164.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €11,840 | €36,269 | +€24,429 | +206.3% |
| Distributable reserves | 133 | €11,840 | €36,269 | +€24,429 | +206.3% |
| Amounts payable | 17/49 | €7,602 | €28,588 | +€20,985 | +276.0% |
| Amounts payable within one year | 42/48 | €7,602 | €28,588 | +€20,985 | +276.0% |
| Trade debts | 44 | €2,646 | €17,246 | +€14,600 | +551.7% |
| Suppliers | 440/4 | €2,646 | €17,246 | +€14,600 | +551.7% |
| Taxes, remuneration and social security | 45 | €4,956 | €10,758 | +€5,802 | +117.1% |
| Taxes | 450/3 | €4,956 | €10,758 | +€5,802 | +117.1% |
| Other amounts payable | 47/48 | - | €583 | +€583 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,739 | +€2,739 | |
| Other operating charges | 640/8 | - | €2,418 | +€2,418 | |
| Gross operating margin | 9900 | €16,138 | €22,373 | +€6,234 | +38.6% |
| Operating profit (loss) | 9901 | €16,138 | €17,215 | +€1,077 | +6.7% |
| Financial income | 75/76B | €658 | €423 | -€235 | -35.7% |
| Recurring financial income | 75 | €658 | €423 | -€235 | -35.7% |
| Financial charges | 65/66B | - | €219 | +€219 | |
| Recurring financial charges | 65 | - | €219 | +€219 | |
| Profit (loss) for the period before taxes | 9903 | €16,796 | €17,420 | +€623 | +3.7% |
| Income taxes | 67/77 | €4,956 | €4,602 | -€354 | -7.1% |
| Profit (loss) for the period | 9904 | €11,840 | €12,818 | +€977 | +8.3% |
| Profit (loss) for the period to be appropriated | 9905 | €11,840 | €12,818 | +€977 | +8.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.