FLOPI: 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.
FLOPI
Largest movements
- Cash -€120,245
down €120,245 (-48.2%), from €249,304 to €129,059
mainly Receivables after one year (-€79,055) and Receivables within one year (-€46,019)
- Receivables after one year +€79,055
up €79,055 (+32.6%), from €242,610 to €321,665
- Receivables within one year +€46,019
up €46,019 (+199.6%), from €23,061 to €69,080
of which Other amounts receivable: +€32,257
- Intangible fixed assets -€30,000
down €30,000 (-53.8%), from €55,715 to €25,715
- Tangible fixed assets +€22,898
up €22,898 (+52.7%), from €43,448 to €66,346
of which Plant, machinery and equipment: +€16,915
- Profit (loss) carried forward +€46,028
up €46,028 (+13.3%), from €347,368 to €393,396
- Tax, wage and social debts -€44,049
down €44,049 (-24.2%), from €182,208 to €138,159
of which Taxes: -€58,078
- Trade debts -€17,597
down €17,597 (-26.1%), from €67,316 to €49,719
- Debts after one year +€10,064
new in 2024: €10,064
- Gross operating margin +€34,596
up €34,596 (+6.0%), from €576,810 to €611,406
- Staff costs +€33,135
up €33,135 (+7.4%), from €444,786 to €477,921
- Financial charges -€22,046
down €22,046 (-57.2%), from €38,510 to €16,464
- Taxes +€13,920
up €13,920 (+193.2%), from €7,204 to €21,124
- Other operating charges -€10,372
down €10,372 (-75.8%), from €13,681 to €3,309
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €652,462 | €645,061 | -€7,401 | -1.1% |
| Fixed assets | 21/28 | €115,349 | €108,247 | -€7,102 | -6.2% |
| Intangible fixed assets | 21 | €55,715 | €25,715 | -€30,000 | -53.8% |
| Tangible fixed assets | 22/27 | €43,448 | €66,346 | +€22,898 | +52.7% |
| Plant, machinery and equipment | 23 | €11,107 | €28,022 | +€16,915 | +152.3% |
| Furniture and vehicles | 24 | €25,127 | €17,091 | -€8,036 | -32.0% |
| Other tangible fixed assets | 26 | €7,214 | €21,233 | +€14,019 | +194.3% |
| Financial fixed assets | 28 | €16,186 | €16,186 | = | 0.0% |
| Current assets | 29/58 | €537,113 | €536,814 | -€299 | -0.1% |
| Amounts receivable after more than one year | 29 | €242,610 | €321,665 | +€79,055 | +32.6% |
| Other amounts receivable | 291 | €242,610 | €321,665 | +€79,055 | +32.6% |
| Stocks and contracts in progress | 3 | €8,140 | €10,686 | +€2,546 | +31.3% |
| Stocks | 30/36 | €8,140 | €10,686 | +€2,546 | +31.3% |
| Amounts receivable within one year | 40/41 | €23,061 | €69,080 | +€46,019 | +199.6% |
| Trade receivables | 40 | €15,483 | €29,245 | +€13,762 | +88.9% |
| Other amounts receivable | 41 | €7,578 | €39,835 | +€32,257 | +425.7% |
| Cash at bank and in hand | 54/58 | €249,304 | €129,059 | -€120,245 | -48.2% |
| Deferred charges and accrued income | 490/1 | €13,998 | €6,324 | -€7,674 | -54.8% |
| Total equity and liabilities | 10/49 | €652,462 | €645,061 | -€7,401 | -1.1% |
| Equity | 10/15 | €374,868 | €420,896 | +€46,028 | +12.3% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €2,500 | €2,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €347,368 | €393,396 | +€46,028 | +13.3% |
| Amounts payable | 17/49 | €277,594 | €224,165 | -€53,429 | -19.2% |
| Amounts payable after more than one year | 17 | - | €10,064 | +€10,064 | |
| Financial debts | 170/4 | - | €10,064 | +€10,064 | |
| Amounts payable within one year | 42/48 | €277,594 | €214,101 | -€63,493 | -22.9% |
| Current portion of amounts payable after more than one year | 42 | €27,878 | €26,031 | -€1,847 | -6.6% |
| Trade debts | 44 | €67,316 | €49,719 | -€17,597 | -26.1% |
| Suppliers | 440/4 | €67,316 | €49,719 | -€17,597 | -26.1% |
| Taxes, remuneration and social security | 45 | €182,208 | €138,159 | -€44,049 | -24.2% |
| Taxes | 450/3 | €102,463 | €44,385 | -€58,078 | -56.7% |
| Remuneration and social security | 454/9 | €79,745 | €93,774 | +€14,029 | +17.6% |
| Other amounts payable | 47/48 | €192 | €192 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €444,786 | €477,921 | +€33,135 | +7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,368 | €46,578 | +€2,210 | +5.0% |
| Other operating charges | 640/8 | €13,681 | €3,309 | -€10,372 | -75.8% |
| Gross operating margin | 9900 | €576,810 | €611,406 | +€34,596 | +6.0% |
| Operating profit (loss) | 9901 | €73,975 | €83,598 | +€9,623 | +13.0% |
| Financial income | 75/76B | €25 | €18 | -€7 | -28.0% |
| Recurring financial income | 75 | €25 | €18 | -€7 | -28.0% |
| Financial charges | 65/66B | €38,510 | €16,464 | -€22,046 | -57.2% |
| Recurring financial charges | 65 | €38,510 | €16,464 | -€22,046 | -57.2% |
| Profit (loss) for the period before taxes | 9903 | €35,490 | €67,152 | +€31,662 | +89.2% |
| Income taxes | 67/77 | €7,204 | €21,124 | +€13,920 | +193.2% |
| Profit (loss) for the period | 9904 | €28,286 | €46,028 | +€17,742 | +62.7% |
| Profit (loss) for the period to be appropriated | 9905 | €28,286 | €46,028 | +€17,742 | +62.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.