FLOCART: what changed
What changed
FLOCART
NACE 13.300, Finishing of textiles
filed annual accounts (NBB)
Net result for the year
-€1.8m
2024 · -€1.4m-€449,102
Equity
-€900,732
2024 · €913,320-€1.8m
Cash
€38,260
2024 · €3,507+€34,753
Balance sheet total
€5.3m
2024 · €6.0m-€651,667
Largest movements
Assets
- Tangible fixed assets -€582,114
down €582,114 (-14.4%), from €4.0m to €3.5m
of which Plant, machinery and equipment: -€532,353
- Receivables within one year -€104,505
down €104,505 (-28.0%), from €373,435 to €268,930
of which Trade receivables: -€87,885
Equity and liabilities
- Other debts +€1.5m
up €1.5m (+114%), from €1.3m to €2.8m
- Profit (loss) carried forward -€1.4m
down €1.4m (-18.7%), from -€7.5m to -€8.8m
- Reserves -€423,496
down €423,496 (-16.1%), from €2.6m to €2.2m
of which Tax-exempt reserves: -€423,496
- Debts after one year -€260,758
down €260,758 (-41.5%), from €628,649 to €367,891
- Trade debts -€200,748
down €200,748 (-18.1%), from €1.1m to €907,361
Income statement
- Gross operating margin -€632,690
down €632,690 (-40.1%), from €1.6m to €945,120
- Staff costs -€236,862
down €236,862 (-10.9%), from €2.2m to €1.9m
- Financial income -€180,293
down €180,293 (-97.9%), from €184,144 to €3,850
of which Non-recurring financial income: -€181,664
- Depreciation -€107,151
down €107,151 (-13.0%), from €826,343 to €719,192
- Write-downs -€27,591
down €27,591 (-80.8%), from €34,157 to €6,567
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.
Result 2024
-€1.4m
Gross operating margin
-€632,690
Staff costs
+€236,862
Depreciation
+€107,151
Write-downs
+€27,591
Other operating charges
-€21,241
Other operating items
+€24,218
Financial income
-€180,293
Financial charges
+€23,177
Taxes
-€168
Deferred taxes and other
-€33,708
Result 2025
-€1.8m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€249,882
Investment
-€112,867
Financing
-€102,262
Cash 2024
€3,507
From operations (derived)
+€249,882
Net result for the year
-€1.8m
Depreciation
+€719,192
Stocks and contracts
-€21,268
Receivables within one year
+€104,505
Deferred charges and accrued income
-€3,140
Provisions
-€141,165
Trade debts
-€200,748
Tax, wage and social debts
+€44,731
Other debts
+€1.5m
Accrued charges and deferred income
+€54,945
Investment (derived)
-€112,867
Investment in fixed assets (net)
-€112,867
Financing
-€102,262
Debts after one year
-€260,758
Current portion of long-term debt
+€158,496
Cash 2025
€38,260
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,999,887 | €5,348,220 | -€651,667 | -10.9% |
| Fixed assets | 21/28 | €4,246,266 | €3,639,941 | -€606,324 | -14.3% |
| Intangible fixed assets | 21 | €187,493 | €163,282 | -€24,211 | -12.9% |
| Tangible fixed assets | 22/27 | €4,049,311 | €3,467,198 | -€582,114 | -14.4% |
| Plant, machinery and equipment | 23 | €3,890,335 | €3,357,983 | -€532,353 | -13.7% |
| Furniture and vehicles | 24 | €42,072 | €29,152 | -€12,920 | -30.7% |
| Leasing and similar rights | 25 | €55,535 | €40,544 | -€14,991 | -27.0% |
| Other tangible fixed assets | 26 | €61,370 | €39,520 | -€21,850 | -35.6% |
| Financial fixed assets | 28 | €9,462 | €9,462 | = | 0.0% |
| Current assets | 29/58 | €1,753,621 | €1,708,278 | -€45,343 | -2.6% |
| Stocks and contracts in progress | 3 | €1,321,950 | €1,343,218 | +€21,268 | +1.6% |
| Stocks | 30/36 | €1,321,950 | €1,343,218 | +€21,268 | +1.6% |
| Amounts receivable within one year | 40/41 | €373,435 | €268,930 | -€104,505 | -28.0% |
| Trade receivables | 40 | €349,417 | €261,532 | -€87,885 | -25.2% |
| Other amounts receivable | 41 | €24,018 | €7,398 | -€16,620 | -69.2% |
| Current investments | 50/53 | €0 | €0 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €3,507 | €38,260 | +€34,753 | +991% |
| Deferred charges and accrued income | 490/1 | €54,730 | €57,870 | +€3,140 | +5.7% |
| Total equity and liabilities | 10/49 | €5,999,887 | €5,348,220 | -€651,667 | -10.9% |
| Equity | 10/15 | €913,320 | -€900,732 | -€1.8m | |
| Contributions | 10/11 | €5,734,000 | €5,734,000 | = | 0.0% |
| Capital | 10 | €5,734,000 | €5,734,000 | = | 0.0% |
| Issued capital | 100 | €5,734,000 | €5,734,000 | = | 0.0% |
| Reserves | 13 | €2,632,845 | €2,209,349 | -€423,496 | -16.1% |
| Non-distributable reserves | 130/1 | €13,000 | €13,000 | = | 0.0% |
| Legal reserve | 130 | €13,000 | €13,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,619,845 | €2,196,349 | -€423,496 | -16.2% |
| Profit (loss) carried forward | 14 | -€7,453,525 | -€8,844,082 | -€1.4m | -18.7% |
| Provisions and deferred taxes | 16 | €873,282 | €732,116 | -€141,165 | -16.2% |
| Deferred taxes | 168 | €873,282 | €732,116 | -€141,165 | -16.2% |
| Amounts payable | 17/49 | €4,213,286 | €5,516,836 | +€1.3m | +30.9% |
| Amounts payable after more than one year | 17 | €628,649 | €367,891 | -€260,758 | -41.5% |
| Financial debts | 170/4 | €628,649 | €367,891 | -€260,758 | -41.5% |
| Amounts payable within one year | 42/48 | €3,448,530 | €4,957,893 | +€1.5m | +43.8% |
| Current portion of amounts payable after more than one year | 42 | €257,609 | €416,105 | +€158,496 | +61.5% |
| Trade debts | 44 | €1,108,110 | €907,361 | -€200,748 | -18.1% |
| Suppliers | 440/4 | €1,108,110 | €907,361 | -€200,748 | -18.1% |
| Taxes, remuneration and social security | 45 | €758,566 | €803,297 | +€44,731 | +5.9% |
| Taxes | 450/3 | €207,306 | €226,843 | +€19,537 | +9.4% |
| Remuneration and social security | 454/9 | €551,260 | €576,455 | +€25,194 | +4.6% |
| Other amounts payable | 47/48 | €1,324,245 | €2,831,129 | +€1.5m | +114% |
| Accrued charges and deferred income | 492/3 | €136,107 | €191,052 | +€54,945 | +40.4% |
| Remuneration, social security and pensions | 62 | €2,171,151 | €1,934,289 | -€236,862 | -10.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €826,343 | €719,192 | -€107,151 | -13.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €34,157 | €6,567 | -€27,591 | -80.8% |
| Other operating charges | 640/8 | €9,015 | €30,256 | +€21,241 | +236% |
| Non-recurring operating charges | 66A | €83,727 | €59,509 | -€24,218 | -28.9% |
| Gross operating margin | 9900 | €1,577,810 | €945,120 | -€632,690 | -40.1% |
| Operating profit (loss) | 9901 | -€1,546,583 | -€1,804,692 | -€258,108 | -16.7% |
| Financial income | 75/76B | €184,144 | €3,850 | -€180,293 | -97.9% |
| Recurring financial income | 75 | €2,480 | €3,850 | +€1,370 | +55.3% |
| Non-recurring financial income | 76B | €181,664 | - | -€181,664 | |
| Financial charges | 65/66B | €176,312 | €153,136 | -€23,177 | -13.1% |
| Recurring financial charges | 65 | €176,312 | €153,136 | -€23,177 | -13.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,538,752 | -€1,953,977 | -€415,225 | -27.0% |
| Transfer from deferred taxes | 780 | €174,874 | €141,165 | -€33,708 | -19.3% |
| Income taxes | 67/77 | €1,072 | €1,240 | +€168 | +15.7% |
| Profit (loss) for the period | 9904 | -€1,364,950 | -€1,814,052 | -€449,102 | -32.9% |
| Transfer from tax-exempt reserves | 789 | €524,621 | €423,496 | -€101,125 | -19.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€840,329 | -€1,390,556 | -€550,227 | -65.5% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.