FLOGARIMMO: 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.
FLOGARIMMO
Largest movements
- Tangible fixed assets +€167,397
up €167,397 (+669.6%), from €25,000 to €192,397
of which Land and buildings: +€192,397
- Receivables within one year +€3,011
up €3,011 (+343.0%), from €878 to €3,889
of which Other amounts receivable: +€3,889
- Cash +€2,089
up €2,089 (+300.5%), from €695 to €2,784
mainly Debts after one year (+€162,441) and Other debts (+€28,147)
- Debts after one year +€162,441
up €162,441 (+555.6%), from €29,235 to €191,676
of which Financial debts: +€160,191
- Other debts +€28,147
up €28,147 (+651.1%), from €4,323 to €32,470
- Profit (loss) carried forward -€18,555
down €18,555 (-154.8%), from -€11,985 to -€30,539
- Depreciation +€7,828
up €7,828 (+223.7%), from €3,500 to €11,328
- Gross operating margin +€6,458
up €6,458 (+81.3%), from -€7,946 to -€1,489
- Financial charges +€4,945
up €4,945 (+3276.9%), from €151 to €5,096
- Other operating charges +€267
up €267 (+68.8%), from €387 to €654
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 | €26,573 | €199,070 | +€172,497 | +649.1% |
| Fixed assets | 21/28 | €25,000 | €192,397 | +€167,397 | +669.6% |
| Tangible fixed assets | 22/27 | €25,000 | €192,397 | +€167,397 | +669.6% |
| Land and buildings | 22 | - | €192,397 | +€192,397 | |
| Assets under construction and advance payments | 27 | €25,000 | - | -€25,000 | |
| Current assets | 29/58 | €1,573 | €6,673 | +€5,100 | +324.2% |
| Amounts receivable within one year | 40/41 | €878 | €3,889 | +€3,011 | +343.0% |
| Trade receivables | 40 | €878 | - | -€878 | |
| Other amounts receivable | 41 | - | €3,889 | +€3,889 | |
| Cash at bank and in hand | 54/58 | €695 | €2,784 | +€2,089 | +300.5% |
| Total equity and liabilities | 10/49 | €26,573 | €199,070 | +€172,497 | +649.1% |
| Equity | 10/15 | -€6,985 | -€25,539 | -€18,555 | -265.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,985 | -€30,539 | -€18,555 | -154.8% |
| Amounts payable | 17/49 | €33,558 | €224,609 | +€191,052 | +569.3% |
| Amounts payable after more than one year | 17 | €29,235 | €191,676 | +€162,441 | +555.6% |
| Financial debts | 170/4 | €29,235 | €189,426 | +€160,191 | +547.9% |
| Other amounts payable | 178/9 | - | €2,250 | +€2,250 | |
| Amounts payable within one year | 42/48 | €4,323 | €32,933 | +€28,611 | +661.9% |
| Trade debts | 44 | - | €463 | +€463 | |
| Suppliers | 440/4 | - | €463 | +€463 | |
| Other amounts payable | 47/48 | €4,323 | €32,470 | +€28,147 | +651.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,500 | €11,328 | +€7,828 | +223.7% |
| Other operating charges | 640/8 | €387 | €654 | +€267 | +68.8% |
| Gross operating margin | 9900 | -€7,946 | -€1,489 | +€6,458 | +81.3% |
| Operating profit (loss) | 9901 | -€11,834 | -€13,471 | -€1,637 | -13.8% |
| Financial income | 75/76B | - | €12 | +€12 | |
| Recurring financial income | 75 | - | €12 | +€12 | |
| Financial charges | 65/66B | €151 | €5,096 | +€4,945 | +3276.9% |
| Recurring financial charges | 65 | €151 | €5,096 | +€4,945 | +3276.9% |
| Profit (loss) for the period before taxes | 9903 | -€11,985 | -€18,555 | -€6,570 | -54.8% |
| Profit (loss) for the period | 9904 | -€11,985 | -€18,555 | -€6,570 | -54.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,985 | -€18,555 | -€6,570 | -54.8% |
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 10 October 2026 via checked.be.