FLOW CONCEPT: 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.
FLOW CONCEPT
Largest movements
- Receivables within one year +€27,009
up €27,009 (+122.1%), from €22,126 to €49,135
of which Trade receivables: +€29,980
- Cash -€7,316
down €7,316 (-9.6%), from €76,002 to €68,687
mainly Receivables within one year (-€27,009) and Investment in fixed assets (net) (-€2,772)
- Deferred charges and accrued income -€2,000
no longer reported in 2025 (was €2,000)
- Reserves +€30,000
up €30,000 (+75.0%), from €40,000 to €70,000
- Profit (loss) carried forward -€21,071
down €21,071 (-90.4%), from €23,302 to €2,231
- Trade debts +€4,543
up €4,543 (+14.3%), from €31,791 to €36,334
- Other debts +€2,176
up €2,176 (+574.0%), from €379 to €2,555
- Tax, wage and social debts +€1,383
up €1,383 (+30.2%), from €4,585 to €5,969
- Gross operating margin -€7,315
down €7,315 (-29.4%), from €24,858 to €17,543
- Other operating charges +€1,725
new in 2025: €1,725
- Taxes -€1,102
down €1,102 (-24.4%), from €4,509 to €3,407
- Depreciation +€688
up €688 (+25.1%), from €2,745 to €3,434
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 | €105,058 | €122,089 | +€17,031 | +16.2% |
| Fixed assets | 21/28 | €4,929 | €4,267 | -€662 | -13.4% |
| Tangible fixed assets | 22/27 | €4,929 | €4,267 | -€662 | -13.4% |
| Furniture and vehicles | 24 | €4,929 | €4,267 | -€662 | -13.4% |
| Current assets | 29/58 | €100,128 | €117,821 | +€17,693 | +17.7% |
| Amounts receivable within one year | 40/41 | €22,126 | €49,135 | +€27,009 | +122.1% |
| Trade receivables | 40 | €7,116 | €37,096 | +€29,980 | +421.3% |
| Other amounts receivable | 41 | €15,010 | €12,039 | -€2,971 | -19.8% |
| Cash at bank and in hand | 54/58 | €76,002 | €68,687 | -€7,316 | -9.6% |
| Deferred charges and accrued income | 490/1 | €2,000 | - | -€2,000 | |
| Total equity and liabilities | 10/49 | €105,058 | €122,089 | +€17,031 | +16.2% |
| Equity | 10/15 | €68,302 | €77,231 | +€8,929 | +13.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €40,000 | €70,000 | +€30,000 | +75.0% |
| Distributable reserves | 133 | €40,000 | €70,000 | +€30,000 | +75.0% |
| Profit (loss) carried forward | 14 | €23,302 | €2,231 | -€21,071 | -90.4% |
| Amounts payable | 17/49 | €36,755 | €44,858 | +€8,102 | +22.0% |
| Amounts payable within one year | 42/48 | €36,755 | €44,858 | +€8,102 | +22.0% |
| Trade debts | 44 | €31,791 | €36,334 | +€4,543 | +14.3% |
| Suppliers | 440/4 | €31,791 | €36,334 | +€4,543 | +14.3% |
| Taxes, remuneration and social security | 45 | €4,585 | €5,969 | +€1,383 | +30.2% |
| Taxes | 450/3 | €4,585 | €5,969 | +€1,383 | +30.2% |
| Other amounts payable | 47/48 | €379 | €2,555 | +€2,176 | +574.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,745 | €3,434 | +€688 | +25.1% |
| Other operating charges | 640/8 | - | €1,725 | +€1,725 | |
| Gross operating margin | 9900 | €24,858 | €17,543 | -€7,315 | -29.4% |
| Operating profit (loss) | 9901 | €22,113 | €12,384 | -€9,728 | -44.0% |
| Financial charges | 65/66B | €142 | €49 | -€93 | -65.7% |
| Recurring financial charges | 65 | €142 | €49 | -€93 | -65.7% |
| Profit (loss) for the period before taxes | 9903 | €21,971 | €12,336 | -€9,635 | -43.9% |
| Income taxes | 67/77 | €4,509 | €3,407 | -€1,102 | -24.4% |
| Profit (loss) for the period | 9904 | €17,461 | €8,929 | -€8,533 | -48.9% |
| Profit (loss) for the period to be appropriated | 9905 | €17,461 | €8,929 | -€8,533 | -48.9% |
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.