Flothis: 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.
Flothis
Largest movements
- Receivables after one year +€200,000
up €200,000 (+200.0%), from €100,000 to €300,000
- Cash -€59,082
down €59,082 (-41.4%), from €142,553 to €83,471
mainly Receivables after one year (-€200,000) and Other debts (-€8,359)
- Reserves +€156,636
up €156,636 (+88.3%), from €177,452 to €334,088
- Other debts -€8,359
down €8,359 (-66.0%), from €12,671 to €4,312
- Tax, wage and social debts -€8,194
down €8,194 (-15.0%), from €54,606 to €46,412
- Gross operating margin +€7,530
up €7,530 (+4.0%), from €187,763 to €195,293
- Financial income +€7,167
up €7,167 (+343.3%), from €2,088 to €9,255
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 | €248,701 | €388,535 | +€139,834 | +56.2% |
| Fixed assets | 21/28 | €5,408 | €4,328 | -€1,080 | -20.0% |
| Tangible fixed assets | 22/27 | €5,408 | €4,328 | -€1,080 | -20.0% |
| Plant, machinery and equipment | 23 | - | €1,160 | +€1,160 | |
| Furniture and vehicles | 24 | €5,408 | €3,168 | -€2,240 | -41.4% |
| Current assets | 29/58 | €243,292 | €384,207 | +€140,914 | +57.9% |
| Amounts receivable after more than one year | 29 | €100,000 | €300,000 | +€200,000 | +200.0% |
| Other amounts receivable | 291 | €100,000 | €300,000 | +€200,000 | +200.0% |
| Amounts receivable within one year | 40/41 | €572 | €549 | -€22 | -3.9% |
| Other amounts receivable | 41 | €572 | €549 | -€22 | -3.9% |
| Cash at bank and in hand | 54/58 | €142,553 | €83,471 | -€59,082 | -41.4% |
| Deferred charges and accrued income | 490/1 | €168 | €186 | +€18 | +10.9% |
| Total equity and liabilities | 10/49 | €248,701 | €388,535 | +€139,834 | +56.2% |
| Equity | 10/15 | €178,452 | €335,088 | +€156,636 | +87.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €177,452 | €334,088 | +€156,636 | +88.3% |
| Distributable reserves | 133 | €177,452 | €334,088 | +€156,636 | +88.3% |
| Amounts payable | 17/49 | €70,249 | €53,447 | -€16,802 | -23.9% |
| Amounts payable within one year | 42/48 | €70,249 | €53,447 | -€16,802 | -23.9% |
| Trade debts | 44 | €2,971 | €2,723 | -€248 | -8.3% |
| Suppliers | 440/4 | €2,971 | €2,723 | -€248 | -8.3% |
| Taxes, remuneration and social security | 45 | €54,606 | €46,412 | -€8,194 | -15.0% |
| Taxes | 450/3 | €54,606 | €46,412 | -€8,194 | -15.0% |
| Other amounts payable | 47/48 | €12,671 | €4,312 | -€8,359 | -66.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,311 | €2,385 | +€1,074 | +81.9% |
| Other operating charges | 640/8 | €237 | €1,223 | +€986 | +415.6% |
| Gross operating margin | 9900 | €187,763 | €195,293 | +€7,530 | +4.0% |
| Operating profit (loss) | 9901 | €186,214 | €191,685 | +€5,470 | +2.9% |
| Financial income | 75/76B | €2,088 | €9,255 | +€7,167 | +343.3% |
| Recurring financial income | 75 | €2,088 | €9,255 | +€7,167 | +343.3% |
| Financial charges | 65/66B | €62 | €55 | -€6 | -10.0% |
| Recurring financial charges | 65 | €62 | €55 | -€6 | -10.0% |
| Profit (loss) for the period before taxes | 9903 | €188,241 | €200,884 | +€12,644 | +6.7% |
| Income taxes | 67/77 | €42,892 | €44,248 | +€1,356 | +3.2% |
| Profit (loss) for the period | 9904 | €145,349 | €156,636 | +€11,287 | +7.8% |
| Profit (loss) for the period to be appropriated | 9905 | €145,349 | €156,636 | +€11,287 | +7.8% |
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 11 October 2026 via checked.be.