Flo Service: 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 Service
Largest movements
- Tangible fixed assets +€52,152
up €52,152 (+328%), from €15,912 to €68,064
- Cash +€33,831
up €33,831 (+80.4%), from €42,084 to €75,916
mainly Net result for the year (+€53,050) and Debts after one year (+€22,457)
- Receivables within one year +€8,258
up €8,258 (+64.2%), from €12,860 to €21,118
- Profit (loss) carried forward +€53,050
up €53,050 (+172%), from €30,766 to €83,816
- Debts after one year +€22,457
new in 2025: €22,457
- Tax, wage and social debts +€21,894
up €21,894 (+112%), from €19,623 to €41,517
of which Taxes: +€19,874
- Current portion of long-term debt +€6,977
new in 2025: €6,977
- Trade debts -€6,608
down €6,608 (-64.6%), from €10,229 to €3,622
- Gross operating margin +€98,008
up €98,008 (+119%), from €82,593 to €180,601
- Staff costs +€45,897
up €45,897 (+85.3%), from €53,793 to €99,690
- Taxes +€11,116
up €11,116 (+160%), from €6,960 to €18,076
- Depreciation +€5,009
up €5,009 (+176%), from €2,838 to €7,848
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 | €70,856 | €165,098 | +€94,242 | +133% |
| Fixed assets | 21/28 | €15,912 | €68,064 | +€52,152 | +328% |
| Tangible fixed assets | 22/27 | €15,912 | €68,064 | +€52,152 | +328% |
| Furniture and vehicles | 24 | €15,912 | €68,064 | +€52,152 | +328% |
| Current assets | 29/58 | €54,944 | €97,034 | +€42,089 | +76.6% |
| Amounts receivable within one year | 40/41 | €12,860 | €21,118 | +€8,258 | +64.2% |
| Trade receivables | 40 | €12,860 | €21,118 | +€8,258 | +64.2% |
| Cash at bank and in hand | 54/58 | €42,084 | €75,916 | +€33,831 | +80.4% |
| Total equity and liabilities | 10/49 | €70,856 | €165,098 | +€94,242 | +133% |
| Equity | 10/15 | €32,766 | €85,816 | +€53,050 | +162% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,766 | €83,816 | +€53,050 | +172% |
| Amounts payable | 17/49 | €38,090 | €79,282 | +€41,191 | +108% |
| Amounts payable after more than one year | 17 | - | €22,457 | +€22,457 | |
| Financial debts | 170/4 | - | €22,457 | +€22,457 | |
| Amounts payable within one year | 42/48 | €38,090 | €56,825 | +€18,734 | +49.2% |
| Current portion of amounts payable after more than one year | 42 | - | €6,977 | +€6,977 | |
| Trade debts | 44 | €10,229 | €3,622 | -€6,608 | -64.6% |
| Suppliers | 440/4 | €10,229 | €3,622 | -€6,608 | -64.6% |
| Taxes, remuneration and social security | 45 | €19,623 | €41,517 | +€21,894 | +112% |
| Taxes | 450/3 | €13,683 | €33,557 | +€19,874 | +145% |
| Remuneration and social security | 454/9 | €5,940 | €7,960 | +€2,020 | +34.0% |
| Other amounts payable | 47/48 | €8,238 | €4,709 | -€3,529 | -42.8% |
| Remuneration, social security and pensions | 62 | €53,793 | €99,690 | +€45,897 | +85.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,838 | €7,848 | +€5,009 | +176% |
| Other operating charges | 640/8 | - | €1,182 | +€1,182 | |
| Gross operating margin | 9900 | €82,593 | €180,601 | +€98,008 | +119% |
| Operating profit (loss) | 9901 | €25,962 | €71,881 | +€45,920 | +177% |
| Financial charges | 65/66B | - | €755 | +€755 | |
| Recurring financial charges | 65 | - | €755 | +€755 | |
| Profit (loss) for the period before taxes | 9903 | €25,962 | €71,127 | +€45,165 | +174% |
| Income taxes | 67/77 | €6,960 | €18,076 | +€11,116 | +160% |
| Profit (loss) for the period | 9904 | €19,002 | €53,050 | +€34,049 | +179% |
| Profit (loss) for the period to be appropriated | 9905 | €19,002 | €53,050 | +€34,049 | +179% |
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 30 October 2026 via checked.be.