FLO: what changed
FLO
Largest movements
- Receivables within one year +€66,691
up €66,691 (+3,788%), from €1,760 to €68,452
of which Other amounts receivable: +€50,194
- Stocks and contracts +€10,000
new in 2025: €10,000
- Cash -€5,001
down €5,001 (-39.1%), from €12,799 to €7,798
mainly Receivables within one year (-€66,691) and Stocks and contracts (-€10,000)
- Tangible fixed assets +€1,551
new in 2025: €1,551
- Reserves +€55,902
up €55,902 (+247%), from €22,667 to €78,568
- Tax, wage and social debts +€17,326
up €17,326 (+306%), from €5,667 to €22,993
- Gross operating margin +€40,681
up €40,681 (+141%), from €28,755 to €69,435
- Taxes +€8,554
up €8,554 (+151%), from €5,667 to €14,221
- Financial income +€1,334
new in 2025: €1,334
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €28,334 | €101,562 | +€73,228 | +258% |
| Fixed assets | 21/28 | - | €1,551 | +€1,551 | |
| Tangible fixed assets | 22/27 | - | €1,551 | +€1,551 | |
| Furniture and vehicles | 24 | - | €1,551 | +€1,551 | |
| Current assets | 29/58 | €28,334 | €100,010 | +€71,676 | +253% |
| Stocks and contracts in progress | 3 | - | €10,000 | +€10,000 | |
| Stocks | 30/36 | - | €10,000 | +€10,000 | |
| Amounts receivable within one year | 40/41 | €1,760 | €68,452 | +€66,691 | +3,788% |
| Trade receivables | 40 | €1,721 | €18,218 | +€16,497 | +959% |
| Other amounts receivable | 41 | €40 | €50,234 | +€50,194 | +126,978% |
| Current investments | 50/53 | €13,760 | €13,760 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €12,799 | €7,798 | -€5,001 | -39.1% |
| Deferred charges and accrued income | 490/1 | €14 | €0 | -€14 | -100% |
| Total equity and liabilities | 10/49 | €28,334 | €101,562 | +€73,228 | +258% |
| Equity | 10/15 | €22,667 | €78,568 | +€55,902 | +247% |
| Reserves | 13 | €22,667 | €78,568 | +€55,902 | +247% |
| Distributable reserves | 133 | €22,667 | €78,568 | +€55,902 | +247% |
| Amounts payable | 17/49 | €5,667 | €22,993 | +€17,326 | +306% |
| Amounts payable within one year | 42/48 | €5,667 | €22,993 | +€17,326 | +306% |
| Taxes, remuneration and social security | 45 | €5,667 | €22,993 | +€17,326 | +306% |
| Taxes | 450/3 | €5,667 | €22,993 | +€17,326 | +306% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1 | +€1 | |
| Other operating charges | 640/8 | €387 | €568 | +€180 | +46.6% |
| Gross operating margin | 9900 | €28,755 | €69,435 | +€40,681 | +141% |
| Operating profit (loss) | 9901 | €28,367 | €68,866 | +€40,499 | +143% |
| Financial income | 75/76B | - | €1,334 | +€1,334 | |
| Recurring financial income | 75 | - | €1,334 | +€1,334 | |
| Financial charges | 65/66B | €33 | €77 | +€44 | +132% |
| Recurring financial charges | 65 | €33 | €77 | +€44 | +132% |
| Profit (loss) for the period before taxes | 9903 | €28,334 | €70,123 | +€41,789 | +147% |
| Income taxes | 67/77 | €5,667 | €14,221 | +€8,554 | +151% |
| Profit (loss) for the period | 9904 | €22,667 | €55,902 | +€33,235 | +147% |
| Profit (loss) for the period to be appropriated | 9905 | €22,667 | €55,902 | +€33,235 | +147% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.