FLO THANATO: 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 THANATO
Largest movements
- Receivables within one year -€2,281
down €2,281 (-72.3%), from €3,155 to €874
of which Trade receivables: -€2,299
- Cash +€1,154
up €1,154 (+768%), from €150 to €1,305
mainly Other debts (+€2,541) and Receivables within one year (+€2,281)
- Tangible fixed assets -€395
down €395 (-69.3%), from €570 to €175
- Tax, wage and social debts -€2,933
down €2,933 (-79.2%), from €3,704 to €771
- Other debts +€2,541
up €2,541 (+50.8%), from €4,999 to €7,541
- Profit (loss) carried forward -€1,343
down €1,343 (-13.6%), from -€9,908 to -€11,251
- Trade debts +€213
up €213 (+266%), from €80 to €293
- Gross operating margin -€2,990
down €2,990, from €2,498 to -€491
- Other operating charges -€634
down €634 (-90.9%), from €698 to €63
- Depreciation -€49
down €49 (-10.9%), from €444 to €395
- Financial charges -€36
down €36 (-15.0%), from €239 to €203
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 | €3,875 | €2,353 | -€1,522 | -39.3% |
| Fixed assets | 21/28 | €570 | €175 | -€395 | -69.3% |
| Tangible fixed assets | 22/27 | €570 | €175 | -€395 | -69.3% |
| Furniture and vehicles | 24 | €570 | €175 | -€395 | -69.3% |
| Current assets | 29/58 | €3,305 | €2,179 | -€1,126 | -34.1% |
| Amounts receivable within one year | 40/41 | €3,155 | €874 | -€2,281 | -72.3% |
| Trade receivables | 40 | €2,299 | €0 | -€2,299 | -100% |
| Other amounts receivable | 41 | €856 | €874 | +€18 | +2.1% |
| Cash at bank and in hand | 54/58 | €150 | €1,305 | +€1,154 | +768% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €3,875 | €2,353 | -€1,522 | -39.3% |
| Equity | 10/15 | -€4,908 | -€6,251 | -€1,343 | -27.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,908 | -€11,251 | -€1,343 | -13.6% |
| Amounts payable | 17/49 | €8,783 | €8,604 | -€179 | -2.0% |
| Amounts payable within one year | 42/48 | €8,783 | €8,604 | -€179 | -2.0% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €80 | €293 | +€213 | +266% |
| Suppliers | 440/4 | €80 | €293 | +€213 | +266% |
| Taxes, remuneration and social security | 45 | €3,704 | €771 | -€2,933 | -79.2% |
| Taxes | 450/3 | €3,704 | €771 | -€2,933 | -79.2% |
| Other amounts payable | 47/48 | €4,999 | €7,541 | +€2,541 | +50.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €444 | €395 | -€49 | -10.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €698 | €63 | -€634 | -90.9% |
| Gross operating margin | 9900 | €2,498 | -€491 | -€2,990 | |
| Operating profit (loss) | 9901 | €1,357 | -€950 | -€2,307 | |
| Financial income | 75/76B | €0 | €1 | +€1 | +9,100% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +9,100% |
| Financial charges | 65/66B | €239 | €203 | -€36 | -15.0% |
| Recurring financial charges | 65 | €239 | €203 | -€36 | -15.0% |
| Profit (loss) for the period before taxes | 9903 | €1,118 | -€1,152 | -€2,270 | |
| Income taxes | 67/77 | €191 | €191 | -€0 | -0.1% |
| Profit (loss) for the period | 9904 | €927 | -€1,343 | -€2,270 | |
| Profit (loss) for the period to be appropriated | 9905 | €927 | -€1,343 | -€2,270 |
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 16 October 2026 via checked.be.