FLOCHECO: 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.
FLOCHECO
Largest movements
- Tangible fixed assets +€2.3m
up €2.3m (+645%), from €362,914 to €2.7m
of which Land and buildings: +€2.3m
- Current investments +€1.0m
up €1.0m (+41.5%), from €2.5m to €3.5m
- Receivables within one year -€388,473
down €388,473 (-100.0%), from €388,473 to €0
of which Trade receivables: -€322,702
- Debts after one year +€2.0m
up €2.0m (+865%), from €233,732 to €2.3m
of which Financial debts: +€2.0m
- Reserves +€1.5m
up €1.5m (+78.3%), from €2.0m to €3.5m
of which Distributable reserves: +€837,099
- Trade debts -€274,011
down €274,011 (-99.9%), from €274,185 to €174
- Accrued charges and deferred income -€250,000
down €250,000 (-75.0%), from €333,333 to €83,333
- Tax, wage and social debts -€128,285
down €128,285 (-24.1%), from €532,483 to €404,198
of which Taxes: -€125,165
- Gross operating margin +€209,169
up €209,169 (+10.9%), from €1.9m to €2.1m
- Depreciation +€86,437
up €86,437 (+282%), from €30,680 to €117,117
- Financial income -€45,787
down €45,787 (-40.9%), from €111,850 to €66,063
- Financial charges +€22,323
up €22,323 (+134%), from €16,650 to €38,973
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 | €3,349,895 | €6,385,163 | +€3.0m | +90.6% |
| Fixed assets | 21/28 | €362,914 | €2,703,938 | +€2.3m | +645% |
| Tangible fixed assets | 22/27 | €362,914 | €2,703,938 | +€2.3m | +645% |
| Land and buildings | 22 | €216,190 | €2,468,021 | +€2.3m | +1,042% |
| Furniture and vehicles | 24 | €107,985 | €170,795 | +€62,810 | +58.2% |
| Other tangible fixed assets | 26 | €38,740 | €65,122 | +€26,383 | +68.1% |
| Current assets | 29/58 | €2,986,981 | €3,681,225 | +€694,243 | +23.2% |
| Amounts receivable after more than one year | 29 | €100,000 | €100,000 | = | 0.0% |
| Other amounts receivable | 291 | €100,000 | €100,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €388,473 | €0 | -€388,473 | -100.0% |
| Trade receivables | 40 | €322,702 | - | -€322,702 | |
| Other amounts receivable | 41 | €65,770 | €0 | -€65,770 | -100.0% |
| Current investments | 50/53 | €2,490,196 | €3,522,676 | +€1.0m | +41.5% |
| Cash at bank and in hand | 54/58 | €7,776 | €57,161 | +€49,385 | +635% |
| Deferred charges and accrued income | 490/1 | €536 | €1,387 | +€851 | +159% |
| Total equity and liabilities | 10/49 | €3,349,895 | €6,385,163 | +€3.0m | +90.6% |
| Equity | 10/15 | €1,962,372 | €3,494,121 | +€1.5m | +78.1% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Contributions outside capital | 11 | €6,000 | - | -€6,000 | |
| Other | 1109/19 | €6,000 | - | -€6,000 | |
| Reserves | 13 | €1,956,372 | €3,488,121 | +€1.5m | +78.3% |
| Tax-exempt reserves | 132 | €442,050 | €1,136,700 | +€694,650 | +157% |
| Distributable reserves | 133 | €1,514,322 | €2,351,421 | +€837,099 | +55.3% |
| Amounts payable | 17/49 | €1,387,523 | €2,891,042 | +€1.5m | +108% |
| Amounts payable after more than one year | 17 | €233,732 | €2,256,399 | +€2.0m | +865% |
| Financial debts | 170/4 | €232,232 | €2,254,899 | +€2.0m | +871% |
| Other amounts payable | 178/9 | €1,500 | €1,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €820,458 | €551,309 | -€269,149 | -32.8% |
| Current portion of amounts payable after more than one year | 42 | €13,766 | €109,454 | +€95,687 | +695% |
| Financial debts | 43 | €24 | - | -€24 | |
| Credit institutions | 430/8 | €24 | - | -€24 | |
| Trade debts | 44 | €274,185 | €174 | -€274,011 | -99.9% |
| Suppliers | 440/4 | €274,185 | €174 | -€274,011 | -99.9% |
| Taxes, remuneration and social security | 45 | €532,483 | €404,198 | -€128,285 | -24.1% |
| Taxes | 450/3 | €529,363 | €404,198 | -€125,165 | -23.6% |
| Remuneration and social security | 454/9 | €3,119 | - | -€3,119 | |
| Other amounts payable | 47/48 | - | €37,484 | +€37,484 | |
| Accrued charges and deferred income | 492/3 | €333,333 | €83,333 | -€250,000 | -75.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,680 | €117,117 | +€86,437 | +282% |
| Other operating charges | 640/8 | €3,706 | €17,151 | +€13,445 | +363% |
| Gross operating margin | 9900 | €1,915,424 | €2,124,593 | +€209,169 | +10.9% |
| Operating profit (loss) | 9901 | €1,881,038 | €1,990,325 | +€109,287 | +5.8% |
| Financial income | 75/76B | €111,850 | €66,063 | -€45,787 | -40.9% |
| Recurring financial income | 75 | €111,850 | €66,063 | -€45,787 | -40.9% |
| Financial charges | 65/66B | €16,650 | €38,973 | +€22,323 | +134% |
| Recurring financial charges | 65 | €16,650 | €38,973 | +€22,323 | +134% |
| Profit (loss) for the period before taxes | 9903 | €1,976,238 | €2,017,415 | +€41,177 | +2.1% |
| Income taxes | 67/77 | €469,491 | €485,665 | +€16,174 | +3.4% |
| Profit (loss) for the period | 9904 | €1,506,747 | €1,531,749 | +€25,003 | +1.7% |
| Transfer to tax-exempt reserves | 689 | €442,050 | €694,650 | +€252,600 | +57.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,064,697 | €837,099 | -€227,597 | -21.4% |
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 17 October 2026 via checked.be.