FLOVIN: 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.
FLOVIN
Largest movements
- Tangible fixed assets -€45,051
down €45,051 (-10.7%), from €421,725 to €376,674
of which Furniture and vehicles: -€45,051
- Reserves +€27,638
up €27,638 (+15.1%), from €182,690 to €210,329
of which Distributable reserves: +€27,638
- Debts after one year -€26,374
down €26,374 (-30.8%), from €85,598 to €59,224
- Profit (loss) carried forward -€25,559
no longer reported in 2025 (was €25,559)
- Other debts -€15,491
down €15,491 (-23.3%), from €66,617 to €51,126
- Accrued charges and deferred income +€5,370
new in 2025: €5,370
- Gross operating margin -€33,536
down €33,536 (-18.8%), from €178,042 to €144,506
- Depreciation +€17,024
up €17,024 (+54.8%), from €31,075 to €48,099
- Taxes -€9,685
down €9,685 (-25.8%), from €37,611 to €27,926
- Financial charges +€2,154
up €2,154 (+88.1%), from €2,447 to €4,601
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 | €477,756 | €435,014 | -€42,742 | -8.9% |
| Fixed assets | 21/28 | €421,725 | €376,674 | -€45,051 | -10.7% |
| Tangible fixed assets | 22/27 | €421,725 | €376,674 | -€45,051 | -10.7% |
| Land and buildings | 22 | €217,510 | €217,510 | = | 0.0% |
| Furniture and vehicles | 24 | €204,216 | €159,165 | -€45,051 | -22.1% |
| Current assets | 29/58 | €56,030 | €58,339 | +€2,309 | +4.1% |
| Amounts receivable within one year | 40/41 | €853 | €5,105 | +€4,252 | +498% |
| Other amounts receivable | 41 | €853 | €5,105 | +€4,252 | +498% |
| Cash at bank and in hand | 54/58 | €53,775 | €51,162 | -€2,613 | -4.9% |
| Deferred charges and accrued income | 490/1 | €1,402 | €2,072 | +€670 | +47.8% |
| Total equity and liabilities | 10/49 | €477,756 | €435,014 | -€42,742 | -8.9% |
| Equity | 10/15 | €276,132 | €278,211 | +€2,079 | +0.8% |
| Contributions | 10/11 | €67,883 | €67,883 | = | 0.0% |
| Reserves | 13 | €182,690 | €210,329 | +€27,638 | +15.1% |
| Tax-exempt reserves | 132 | €2,645 | €2,645 | = | 0.0% |
| Distributable reserves | 133 | €180,045 | €207,684 | +€27,638 | +15.4% |
| Profit (loss) carried forward | 14 | €25,559 | - | -€25,559 | |
| Amounts payable | 17/49 | €201,623 | €156,802 | -€44,821 | -22.2% |
| Amounts payable after more than one year | 17 | €85,598 | €59,224 | -€26,374 | -30.8% |
| Financial debts | 170/4 | €85,598 | €59,224 | -€26,374 | -30.8% |
| Amounts payable within one year | 42/48 | €116,025 | €92,208 | -€23,817 | -20.5% |
| Current portion of amounts payable after more than one year | 42 | €25,995 | €26,374 | +€379 | +1.5% |
| Financial debts | 43 | €9,333 | €9,333 | +€0 | 0.0% |
| Credit institutions | 430/8 | €9,333 | €9,333 | +€0 | 0.0% |
| Trade debts | 44 | €4,789 | €173 | -€4,615 | -96.4% |
| Suppliers | 440/4 | €4,789 | €173 | -€4,615 | -96.4% |
| Taxes, remuneration and social security | 45 | €9,291 | €5,201 | -€4,089 | -44.0% |
| Taxes | 450/3 | €9,291 | €5,201 | -€4,089 | -44.0% |
| Other amounts payable | 47/48 | €66,617 | €51,126 | -€15,491 | -23.3% |
| Accrued charges and deferred income | 492/3 | - | €5,370 | +€5,370 | |
| Non-recurring operating income | 76A | €35,266 | - | -€35,266 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,075 | €48,099 | +€17,024 | +54.8% |
| Other operating charges | 640/8 | €12,241 | €11,970 | -€271 | -2.2% |
| Gross operating margin | 9900 | €178,042 | €144,506 | -€33,536 | -18.8% |
| Operating profit (loss) | 9901 | €134,726 | €84,437 | -€50,289 | -37.3% |
| Financial income | 75/76B | €1,095 | €102 | -€993 | -90.7% |
| Recurring financial income | 75 | €1,095 | €102 | -€993 | -90.7% |
| Financial charges | 65/66B | €2,447 | €4,601 | +€2,154 | +88.1% |
| Recurring financial charges | 65 | €2,447 | €4,601 | +€2,154 | +88.1% |
| Profit (loss) for the period before taxes | 9903 | €133,375 | €79,939 | -€53,436 | -40.1% |
| Income taxes | 67/77 | €37,611 | €27,926 | -€9,685 | -25.8% |
| Profit (loss) for the period | 9904 | €95,764 | €52,012 | -€43,751 | -45.7% |
| Profit (loss) for the period to be appropriated | 9905 | €95,764 | €52,012 | -€43,751 | -45.7% |
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.