FLOSSIE PATRICK: 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.
FLOSSIE PATRICK
Largest movements
- Tangible fixed assets -€48,595
down €48,595 (-48.3%), from €100,558 to €51,963
of which Furniture and vehicles: -€42,809
- Cash +€19,361
up €19,361 (+1,966%), from €985 to €20,346
mainly Investment in fixed assets (net) (+€31,795) and Depreciation (+€16,800)
- Deferred charges and accrued income -€3,835
no longer reported in 2025 (was €3,835)
- Receivables within one year -€1,838
down €1,838 (-5.9%), from €31,182 to €29,344
of which Trade receivables: -€1,618
- Profit (loss) carried forward -€37,776
down €37,776 (-68.7%), from -€55,026 to -€92,802
- Tax, wage and social debts +€3,462
up €3,462 (+896%), from €387 to €3,848
- Staff costs -€18,627
down €18,627, from €15,597 to -€3,030
- Depreciation -€7,572
down €7,572 (-31.1%), from €24,371 to €16,800
- Gross operating margin -€6,309
down €6,309 (-95.0%), from -€6,641 to -€12,950
- Other operating charges +€2,790
up €2,790 (+35.9%), from €7,780 to €10,570
- Taxes -€206
down €206 (-52.4%), from €393 to €187
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 | €136,560 | €101,653 | -€34,907 | -25.6% |
| Fixed assets | 21/28 | €100,558 | €51,963 | -€48,595 | -48.3% |
| Tangible fixed assets | 22/27 | €100,558 | €51,963 | -€48,595 | -48.3% |
| Plant, machinery and equipment | 23 | €22,763 | €16,976 | -€5,786 | -25.4% |
| Furniture and vehicles | 24 | €77,796 | €34,987 | -€42,809 | -55.0% |
| Current assets | 29/58 | €36,002 | €49,690 | +€13,688 | +38.0% |
| Amounts receivable within one year | 40/41 | €31,182 | €29,344 | -€1,838 | -5.9% |
| Trade receivables | 40 | €25,542 | €23,924 | -€1,618 | -6.3% |
| Other amounts receivable | 41 | €5,640 | €5,420 | -€220 | -3.9% |
| Cash at bank and in hand | 54/58 | €985 | €20,346 | +€19,361 | +1,966% |
| Deferred charges and accrued income | 490/1 | €3,835 | - | -€3,835 | |
| Total equity and liabilities | 10/49 | €136,560 | €101,653 | -€34,907 | -25.6% |
| Equity | 10/15 | €96,186 | €58,410 | -€37,776 | -39.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €145,012 | €145,012 | = | 0.0% |
| Distributable reserves | 133 | €145,012 | €145,012 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€55,026 | -€92,802 | -€37,776 | -68.7% |
| Amounts payable | 17/49 | €40,374 | €43,243 | +€2,869 | +7.1% |
| Amounts payable within one year | 42/48 | €40,374 | €43,243 | +€2,869 | +7.1% |
| Trade debts | 44 | €8,671 | €7,912 | -€760 | -8.8% |
| Suppliers | 440/4 | €8,671 | €7,912 | -€760 | -8.8% |
| Taxes, remuneration and social security | 45 | €387 | €3,848 | +€3,462 | +896% |
| Taxes | 450/3 | €387 | €3,848 | +€3,462 | +896% |
| Other amounts payable | 47/48 | €31,316 | €31,483 | +€167 | +0.5% |
| Non-recurring operating income | 76A | €21,650 | €1,630 | -€20,020 | -92.5% |
| Remuneration, social security and pensions | 62 | €15,597 | -€3,030 | -€18,627 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,371 | €16,800 | -€7,572 | -31.1% |
| Other operating charges | 640/8 | €7,780 | €10,570 | +€2,790 | +35.9% |
| Gross operating margin | 9900 | -€6,641 | -€12,950 | -€6,309 | -95.0% |
| Operating profit (loss) | 9901 | -€54,390 | -€37,289 | +€17,101 | +31.4% |
| Financial income | 75/76B | €1 | €0 | -€1 | -90.2% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -90.2% |
| Financial charges | 65/66B | €245 | €300 | +€55 | +22.6% |
| Recurring financial charges | 65 | €245 | €300 | +€55 | +22.6% |
| Profit (loss) for the period before taxes | 9903 | -€54,633 | -€37,589 | +€17,044 | +31.2% |
| Income taxes | 67/77 | €393 | €187 | -€206 | -52.4% |
| Profit (loss) for the period | 9904 | -€55,026 | -€37,776 | +€17,250 | +31.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€55,026 | -€37,776 | +€17,250 | +31.3% |
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 26 October 2026 via checked.be.