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FLOMAX: 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.

What changed

FLOMAX

BE 0629.910.080
fiscal year 2022 against 2023filed annual accounts (NBB)
Net result for the year
-€12,118
2022 · €108,034-€120,152
Equity
-€191,128
2022 · -€179,010-€12,118
Cash
€7,964
2022 · €32,599-€24,635
Balance sheet total
€21,630
2022 · €49,643-€28,013

Largest movements

2022 to 2023
Assets
  • Cash -€24,635

    down €24,635 (-75.6%), from €32,599 to €7,964

    mainly Net result for the year (-€12,118) and Trade debts (-€8,345)

  • Receivables within one year -€3,288

    down €3,288 (-19.4%), from €16,954 to €13,667

    of which Trade receivables: -€3,288

Equity and liabilities
  • Profit (loss) carried forward -€12,118

    down €12,118 (-6.1%), from -€197,610 to -€209,728

  • Trade debts -€8,345

    no longer reported in 2023 (was €8,345)

  • Other debts -€7,550

    down €7,550 (-6.7%), from €111,956 to €104,407

Income statement
  • Gross operating margin -€191,761

    down €191,761, from €183,811 to -€7,950

  • Staff costs -€68,812

    no longer reported in 2023 (was €68,812)

  • Financial charges -€6,594

    down €6,594 (-96.2%), from €6,856 to €263

From the 2022 result to the 2023 result

effect on the 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.

Result 2022 €108,034
Gross operating margin -€191,761
Staff costs +€68,812
Other operating charges +€220
Other operating items -€3,855
Financial income -€161
Financial charges +€6,594
Result 2023 -€12,118

Cash bridge derived

cash 2022 to 2023

Derived from the 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations -€24,725
Investment +€90
Financing €0
Cash 2022 €32,599
Net result for the year -€12,118
Receivables within one year +€3,288
Trade debts -€8,345
Other debts -€7,550
Investment in fixed assets (net) +€90
Cash 2023 €7,964
Every line side by side 34 lines
Line Code 2022 2023 Change %
Total assets 20/58 €49,643 €21,630 -€28,013 -56.4%
Fixed assets 21/28 €90 - -€90
Financial fixed assets 28 €90 - -€90
Current assets 29/58 €49,553 €21,630 -€27,923 -56.3%
Amounts receivable within one year 40/41 €16,954 €13,667 -€3,288 -19.4%
Trade receivables 40 €3,288 - -€3,288
Other amounts receivable 41 €13,667 €13,667 = 0.0%
Cash at bank and in hand 54/58 €32,599 €7,964 -€24,635 -75.6%
Total equity and liabilities 10/49 €49,643 €21,630 -€28,013 -56.4%
Equity 10/15 -€179,010 -€191,128 -€12,118 -6.8%
Contributions 10/11 €18,600 €18,600 = 0.0%
Profit (loss) carried forward 14 -€197,610 -€209,728 -€12,118 -6.1%
Amounts payable 17/49 €228,653 €212,758 -€15,894 -7.0%
Amounts payable after more than one year 17 €19,390 €19,390 = 0.0%
Other amounts payable 178/9 €19,390 €19,390 = 0.0%
Amounts payable within one year 42/48 €124,538 €108,643 -€15,894 -12.8%
Trade debts 44 €8,345 - -€8,345
Suppliers 440/4 €8,345 - -€8,345
Taxes, remuneration and social security 45 €4,236 €4,236 = 0.0%
Taxes 450/3 €4,236 €4,236 = 0.0%
Other amounts payable 47/48 €111,956 €104,407 -€7,550 -6.7%
Accrued charges and deferred income 492/3 €84,725 €84,725 = 0.0%
Remuneration, social security and pensions 62 €68,812 - -€68,812
Other operating charges 640/8 €270 €50 -€220 -81.5%
Non-recurring operating charges 66A - €3,855 +€3,855
Gross operating margin 9900 €183,811 -€7,950 -€191,761
Operating profit (loss) 9901 €114,729 -€11,856 -€126,585
Financial income 75/76B €161 - -€161
Recurring financial income 75 €161 - -€161
Financial charges 65/66B €6,856 €263 -€6,594 -96.2%
Recurring financial charges 65 €6,856 €263 -€6,594 -96.2%
Profit (loss) for the period before taxes 9903 €108,034 -€12,118 -€120,152
Profit (loss) for the period 9904 €108,034 -€12,118 -€120,152
Profit (loss) for the period to be appropriated 9905 €108,034 -€12,118 -€120,152

Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.