FLO.O: 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.O
Largest movements
- Tangible fixed assets +€87,739
up €87,739 (+460%), from €19,088 to €106,827
of which Assets under construction and advance payments: +€56,159
- Cash -€26,744
down €26,744 (-41.7%), from €64,132 to €37,388
mainly Investment in fixed assets (net) (-€97,006) and Contributions, distributions and other (-€50,705)
- Debts after one year +€92,100
new in 2025: €92,100
- Other debts -€32,355
down €32,355 (-38.4%), from €84,330 to €51,974
- Trade debts +€2,020
up €2,020 (+1,735%), from €116 to €2,136
- Gross operating margin -€36,166
down €36,166 (-32.0%), from €112,938 to €76,772
- Taxes -€8,429
down €8,429 (-35.9%), from €23,449 to €15,020
- Depreciation +€3,980
up €3,980 (+75.3%), from €5,287 to €9,267
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.
Derived cash bridge
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 | €99,764 | €161,305 | +€61,541 | +61.7% |
| Fixed assets | 21/28 | €19,838 | €107,577 | +€87,739 | +442% |
| Tangible fixed assets | 22/27 | €19,088 | €106,827 | +€87,739 | +460% |
| Land and buildings | 22 | - | €36,350 | +€36,350 | |
| Plant, machinery and equipment | 23 | €1,020 | €1,510 | +€489 | +48.0% |
| Furniture and vehicles | 24 | €18,068 | €12,809 | -€5,259 | -29.1% |
| Assets under construction and advance payments | 27 | - | €56,159 | +€56,159 | |
| Financial fixed assets | 28 | €750 | €750 | = | 0.0% |
| Current assets | 29/58 | €79,926 | €53,728 | -€26,199 | -32.8% |
| Amounts receivable within one year | 40/41 | €13,050 | €14,550 | +€1,500 | +11.5% |
| Trade receivables | 40 | €13,050 | €13,550 | +€500 | +3.8% |
| Other amounts receivable | 41 | - | €1,000 | +€1,000 | |
| Cash at bank and in hand | 54/58 | €64,132 | €37,388 | -€26,744 | -41.7% |
| Deferred charges and accrued income | 490/1 | €2,745 | €1,790 | -€955 | -34.8% |
| Total equity and liabilities | 10/49 | €99,764 | €161,305 | +€61,541 | +61.7% |
| Equity | 10/15 | €7,500 | €7,500 | = | 0.0% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Amounts payable | 17/49 | €92,264 | €153,805 | +€61,541 | +66.7% |
| Amounts payable after more than one year | 17 | - | €92,100 | +€92,100 | |
| Financial debts | 170/4 | - | €92,100 | +€92,100 | |
| Amounts payable within one year | 42/48 | €91,918 | €61,349 | -€30,569 | -33.3% |
| Trade debts | 44 | €116 | €2,136 | +€2,020 | +1,735% |
| Suppliers | 440/4 | €116 | €2,136 | +€2,020 | +1,735% |
| Taxes, remuneration and social security | 45 | €7,472 | €7,239 | -€233 | -3.1% |
| Taxes | 450/3 | €5,622 | €7,239 | +€1,617 | +28.8% |
| Remuneration and social security | 454/9 | €1,850 | - | -€1,850 | |
| Other amounts payable | 47/48 | €84,330 | €51,974 | -€32,355 | -38.4% |
| Accrued charges and deferred income | 492/3 | €347 | €356 | +€10 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,287 | €9,267 | +€3,980 | +75.3% |
| Other operating charges | 640/8 | €450 | €1,137 | +€686 | +152% |
| Gross operating margin | 9900 | €112,938 | €76,772 | -€36,166 | -32.0% |
| Operating profit (loss) | 9901 | €107,201 | €66,369 | -€40,832 | -38.1% |
| Financial income | 75/76B | €7 | - | -€7 | |
| Recurring financial income | 75 | €7 | - | -€7 | |
| Financial charges | 65/66B | €90 | €645 | +€555 | +616% |
| Recurring financial charges | 65 | €90 | €645 | +€555 | +616% |
| Profit (loss) for the period before taxes | 9903 | €107,118 | €65,724 | -€41,394 | -38.6% |
| Income taxes | 67/77 | €23,449 | €15,020 | -€8,429 | -35.9% |
| Profit (loss) for the period | 9904 | €83,669 | €50,705 | -€32,965 | -39.4% |
| Profit (loss) for the period to be appropriated | 9905 | €83,669 | €50,705 | -€32,965 | -39.4% |
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 27 October 2026 via checked.be.