FLO Ventures: what changed
Two fiscal 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 Ventures
Largest movements
- Cash -€208,770
down €208,770 (-97.3%), from €214,611 to €5,840
mainly Contributions, distributions and other (-€202,054) and Tax, wage and social debts (-€58,184)
- Tangible fixed assets +€8,799
up €8,799 (+246.7%), from €3,567 to €12,365
of which Other tangible fixed assets: +€8,110
- Receivables within one year -€8,450
down €8,450 (-26.7%), from €31,595 to €23,146
of which Other amounts receivable: -€7,078
- Deferred charges and accrued income +€8,293
up €8,293 (+200.3%), from €4,141 to €12,434
- Reserves -€186,814
no longer reported in 2025 (was €186,814)
- Tax, wage and social debts -€58,184
down €58,184 (-88.6%), from €65,683 to €7,500
of which Taxes: -€62,834
- Other debts +€42,360
new in 2025: €42,360
- Gross operating margin -€135,803
down €135,803 (-84.1%), from €161,547 to €25,744
- Taxes -€32,169
down €32,169 (-84.8%), from €37,927 to €5,758
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.
Cash bridge derived
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 | €253,914 | €53,786 | -€200,128 | -78.8% |
| Fixed assets | 21/28 | €3,567 | €12,365 | +€8,799 | +246.7% |
| Tangible fixed assets | 22/27 | €3,567 | €12,365 | +€8,799 | +246.7% |
| Plant, machinery and equipment | 23 | €3,567 | €4,256 | +€689 | +19.3% |
| Other tangible fixed assets | 26 | - | €8,110 | +€8,110 | |
| Current assets | 29/58 | €250,347 | €41,420 | -€208,927 | -83.5% |
| Amounts receivable within one year | 40/41 | €31,595 | €23,146 | -€8,450 | -26.7% |
| Trade receivables | 40 | €19,052 | €17,680 | -€1,372 | -7.2% |
| Other amounts receivable | 41 | €12,543 | €5,466 | -€7,078 | -56.4% |
| Cash at bank and in hand | 54/58 | €214,611 | €5,840 | -€208,770 | -97.3% |
| Deferred charges and accrued income | 490/1 | €4,141 | €12,434 | +€8,293 | +200.3% |
| Total equity and liabilities | 10/49 | €253,914 | €53,786 | -€200,128 | -78.8% |
| Equity | 10/15 | €186,815 | €1 | -€186,814 | -100.0% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €186,814 | - | -€186,814 | |
| Distributable reserves | 133 | €186,814 | - | -€186,814 | |
| Amounts payable | 17/49 | €67,100 | €53,785 | -€13,315 | -19.8% |
| Amounts payable within one year | 42/48 | €66,971 | €53,131 | -€13,840 | -20.7% |
| Financial debts | 43 | €575 | €231 | -€343 | -59.7% |
| Credit institutions | 430/8 | €575 | €231 | -€343 | -59.7% |
| Trade debts | 44 | €713 | €3,040 | +€2,327 | +326.3% |
| Suppliers | 440/4 | €713 | €3,040 | +€2,327 | +326.3% |
| Taxes, remuneration and social security | 45 | €65,683 | €7,500 | -€58,184 | -88.6% |
| Taxes | 450/3 | €65,683 | €2,849 | -€62,834 | -95.7% |
| Remuneration and social security | 454/9 | - | €4,650 | +€4,650 | |
| Other amounts payable | 47/48 | - | €42,360 | +€42,360 | |
| Accrued charges and deferred income | 492/3 | €128 | €653 | +€525 | +408.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €409 | €1,959 | +€1,550 | +378.9% |
| Other operating charges | 640/8 | €516 | €951 | +€435 | +84.4% |
| Gross operating margin | 9900 | €161,547 | €25,744 | -€135,803 | -84.1% |
| Operating profit (loss) | 9901 | €160,622 | €22,833 | -€137,788 | -85.8% |
| Financial income | 75/76B | €331 | €1 | -€330 | -99.8% |
| Recurring financial income | 75 | €331 | €1 | -€330 | -99.8% |
| Financial charges | 65/66B | €2,062 | €1,836 | -€226 | -11.0% |
| Recurring financial charges | 65 | €2,062 | €1,836 | -€226 | -11.0% |
| Profit (loss) for the period before taxes | 9903 | €158,891 | €20,998 | -€137,893 | -86.8% |
| Income taxes | 67/77 | €37,927 | €5,758 | -€32,169 | -84.8% |
| Profit (loss) for the period | 9904 | €120,964 | €15,240 | -€105,723 | -87.4% |
| Profit (loss) for the period to be appropriated | 9905 | €120,964 | €15,240 | -€105,723 | -87.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.