FLOMATRIX: 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.
FLOMATRIX
Largest movements
- Tangible fixed assets +€589,789
up €589,789 (+17.7%), from €3.3m to €3.9m
of which Land and buildings: +€1.2m
- Debts after one year +€774,066
up €774,066 (+197%), from €393,806 to €1.2m
- Trade debts -€223,155
down €223,155 (-78.4%), from €284,469 to €61,314
- Profit (loss) carried forward -€94,178
down €94,178 (-29.8%), from -€316,140 to -€410,318
- Other debts +€49,943
up €49,943 (+10.7%), from €468,727 to €518,670
- Current portion of long-term debt +€49,561
up €49,561 (+71.8%), from €69,014 to €118,575
- Depreciation -€53,209
down €53,209 (-28.3%), from €188,207 to €134,998
- Financial charges +€21,977
up €21,977 (+122%), from €18,010 to €39,986
- Gross operating margin +€9,222
up €9,222 (+9.7%), from €94,863 to €104,084
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 | €3,405,760 | €3,978,449 | +€572,690 | +16.8% |
| Fixed assets | 21/28 | €3,328,970 | €3,918,158 | +€589,189 | +17.7% |
| Tangible fixed assets | 22/27 | €3,328,370 | €3,918,158 | +€589,789 | +17.7% |
| Land and buildings | 22 | €2,692,937 | €3,916,784 | +€1.2m | +45.4% |
| Plant, machinery and equipment | 23 | €1,147 | €1,375 | +€228 | +19.8% |
| Assets under construction and advance payments | 27 | €634,285 | - | -€634,285 | |
| Financial fixed assets | 28 | €600 | - | -€600 | |
| Current assets | 29/58 | €76,790 | €60,291 | -€16,499 | -21.5% |
| Amounts receivable within one year | 40/41 | €4,449 | €20,409 | +€15,960 | +359% |
| Trade receivables | 40 | €1,520 | €20,169 | +€18,649 | +1,227% |
| Other amounts receivable | 41 | €2,929 | €240 | -€2,689 | -91.8% |
| Cash at bank and in hand | 54/58 | €62,875 | €32,217 | -€30,658 | -48.8% |
| Deferred charges and accrued income | 490/1 | €9,466 | €7,665 | -€1,801 | -19.0% |
| Total equity and liabilities | 10/49 | €3,405,760 | €3,978,449 | +€572,690 | +16.8% |
| Equity | 10/15 | €2,179,223 | €2,085,045 | -€94,178 | -4.3% |
| Contributions | 10/11 | €2,280,450 | €2,280,450 | = | 0.0% |
| Revaluation surpluses | 12 | €70,686 | €68,816 | -€1,870 | -2.6% |
| Reserves | 13 | €144,227 | €146,097 | +€1,870 | +1.3% |
| Distributable reserves | 133 | €144,227 | €146,097 | +€1,870 | +1.3% |
| Profit (loss) carried forward | 14 | -€316,140 | -€410,318 | -€94,178 | -29.8% |
| Amounts payable | 17/49 | €1,226,537 | €1,893,405 | +€666,868 | +54.4% |
| Amounts payable after more than one year | 17 | €393,806 | €1,167,872 | +€774,066 | +197% |
| Financial debts | 170/4 | €393,806 | €1,167,872 | +€774,066 | +197% |
| Amounts payable within one year | 42/48 | €823,499 | €702,757 | -€120,742 | -14.7% |
| Current portion of amounts payable after more than one year | 42 | €69,014 | €118,575 | +€49,561 | +71.8% |
| Trade debts | 44 | €284,469 | €61,314 | -€223,155 | -78.4% |
| Suppliers | 440/4 | €284,469 | €61,314 | -€223,155 | -78.4% |
| Taxes, remuneration and social security | 45 | €1,289 | €4,199 | +€2,910 | +226% |
| Taxes | 450/3 | €1,289 | €4,199 | +€2,910 | +226% |
| Other amounts payable | 47/48 | €468,727 | €518,670 | +€49,943 | +10.7% |
| Accrued charges and deferred income | 492/3 | €9,231 | €22,775 | +€13,544 | +147% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €188,207 | €134,998 | -€53,209 | -28.3% |
| Other operating charges | 640/8 | €22,795 | €23,010 | +€215 | +0.9% |
| Gross operating margin | 9900 | €94,863 | €104,084 | +€9,222 | +9.7% |
| Operating profit (loss) | 9901 | -€116,140 | -€53,924 | +€62,216 | +53.6% |
| Financial income | 75/76B | €420 | €2 | -€417 | -99.5% |
| Recurring financial income | 75 | €420 | €2 | -€417 | -99.5% |
| Financial charges | 65/66B | €18,010 | €39,986 | +€21,977 | +122% |
| Recurring financial charges | 65 | €18,010 | €39,986 | +€21,977 | +122% |
| Profit (loss) for the period before taxes | 9903 | -€133,730 | -€93,908 | +€39,822 | +29.8% |
| Income taxes | 67/77 | €593 | €270 | -€323 | -54.4% |
| Profit (loss) for the period | 9904 | -€134,323 | -€94,178 | +€40,145 | +29.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€134,323 | -€94,178 | +€40,145 | +29.9% |
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 15 October 2026 via checked.be.