FLOVIR: 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.
FLOVIR
Largest movements
- Cash +€62,666
up €62,666 (+167.8%), from €37,348 to €100,014
mainly Net result for the year (+€45,441) and Depreciation (+€25,986)
- Receivables within one year +€23,808
up €23,808 (+62.1%), from €38,361 to €62,170
of which Trade receivables: +€16,610
- Tangible fixed assets -€17,931
down €17,931 (-4.4%), from €409,501 to €391,571
- Deferred charges and accrued income -€14,959
down €14,959 (-86.3%), from €17,334 to €2,376
- Reserves +€45,441
up €45,441 (+9.8%), from €461,764 to €507,205
- Trade debts +€16,652
new in 2025: €16,652
- Short-term financial debts -€8,509
down €8,509 (-100.0%), from €8,509 to €0
- Other operating charges +€33,113
new in 2025: €33,113
- Gross operating margin +€8,540
up €8,540 (+7.6%), from €112,898 to €121,438
- Depreciation -€8,382
down €8,382 (-24.4%), from €34,368 to €25,986
- Taxes -€4,327
down €4,327 (-20.4%), from €21,166 to €16,839
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 | €502,545 | €556,130 | +€53,585 | +10.7% |
| Fixed assets | 21/28 | €409,501 | €391,571 | -€17,931 | -4.4% |
| Tangible fixed assets | 22/27 | €409,501 | €391,571 | -€17,931 | -4.4% |
| Land and buildings | 22 | €409,501 | €391,571 | -€17,931 | -4.4% |
| Current assets | 29/58 | €93,044 | €164,559 | +€71,515 | +76.9% |
| Amounts receivable within one year | 40/41 | €38,361 | €62,170 | +€23,808 | +62.1% |
| Trade receivables | 40 | - | €16,610 | +€16,610 | |
| Other amounts receivable | 41 | €38,361 | €45,559 | +€7,198 | +18.8% |
| Cash at bank and in hand | 54/58 | €37,348 | €100,014 | +€62,666 | +167.8% |
| Deferred charges and accrued income | 490/1 | €17,334 | €2,376 | -€14,959 | -86.3% |
| Total equity and liabilities | 10/49 | €502,545 | €556,130 | +€53,585 | +10.7% |
| Equity | 10/15 | €492,870 | €538,311 | +€45,441 | +9.2% |
| Contributions | 10/11 | €31,106 | €31,106 | = | 0.0% |
| Reserves | 13 | €461,764 | €507,205 | +€45,441 | +9.8% |
| Distributable reserves | 133 | €461,764 | €507,205 | +€45,441 | +9.8% |
| Amounts payable | 17/49 | €9,675 | €17,819 | +€8,143 | +84.2% |
| Amounts payable within one year | 42/48 | €9,675 | €17,819 | +€8,143 | +84.2% |
| Financial debts | 43 | €8,509 | €0 | -€8,509 | -100.0% |
| Credit institutions | 430/8 | €8,509 | €0 | -€8,509 | -100.0% |
| Trade debts | 44 | - | €16,652 | +€16,652 | |
| Suppliers | 440/4 | - | €16,652 | +€16,652 | |
| Taxes, remuneration and social security | 45 | €1,166 | €1,166 | = | 0.0% |
| Taxes | 450/3 | €1,166 | €1,166 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,368 | €25,986 | -€8,382 | -24.4% |
| Other operating charges | 640/8 | - | €33,113 | +€33,113 | |
| Gross operating margin | 9900 | €112,898 | €121,438 | +€8,540 | +7.6% |
| Operating profit (loss) | 9901 | €78,530 | €62,340 | -€16,190 | -20.6% |
| Financial charges | 65/66B | €251 | €60 | -€191 | -76.2% |
| Recurring financial charges | 65 | €251 | €60 | -€191 | -76.2% |
| Profit (loss) for the period before taxes | 9903 | €78,280 | €62,280 | -€15,999 | -20.4% |
| Income taxes | 67/77 | €21,166 | €16,839 | -€4,327 | -20.4% |
| Profit (loss) for the period | 9904 | €57,113 | €45,441 | -€11,672 | -20.4% |
| Profit (loss) for the period to be appropriated | 9905 | €57,113 | €45,441 | -€11,672 | -20.4% |
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 12 October 2026 via checked.be.