FLOW-E: what changed
Two fiscal 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-E
Largest movements
- Tangible fixed assets +€55,252
up €55,252 (+1272.6%), from €4,342 to €59,594
of which Land and buildings: +€48,881
- Receivables within one year +€35,194
up €35,194 (+120.4%), from €29,225 to €64,418
of which Other amounts receivable: +€36,784
- Cash -€20,203
down €20,203 (-82.7%), from €24,430 to €4,227
mainly Investment in fixed assets (net) (-€58,518) and Receivables within one year (-€35,194)
- Profit (loss) carried forward +€30,401
up €30,401 (+79.8%), from €38,119 to €68,520
- Debts after one year +€22,987
new in 2025: €22,987
- Current portion of long-term debt +€6,662
new in 2025: €6,662
- Tax, wage and social debts +€6,562
up €6,562 (+41.1%), from €15,981 to €22,543
- Trade debts +€4,133
up €4,133 (+162.3%), from €2,546 to €6,679
- Gross operating margin +€4,417
up €4,417 (+11.5%), from €38,526 to €42,943
- Depreciation +€2,213
up €2,213 (+210.3%), from €1,052 to €3,266
- Financial income +€1,257
up €1,257 (+4582.7%), from €27 to €1,284
- Financial charges +€1,140
up €1,140 (+1312.8%), from €87 to €1,226
- Taxes +€742
up €742 (+9.7%), from €7,657 to €8,399
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 | €58,147 | €128,890 | +€70,744 | +121.7% |
| Fixed assets | 21/28 | €4,492 | €59,744 | +€55,252 | +1230.1% |
| Tangible fixed assets | 22/27 | €4,342 | €59,594 | +€55,252 | +1272.6% |
| Land and buildings | 22 | - | €48,881 | +€48,881 | |
| Furniture and vehicles | 24 | €4,342 | €10,713 | +€6,371 | +146.7% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €53,655 | €69,146 | +€15,491 | +28.9% |
| Amounts receivable within one year | 40/41 | €29,225 | €64,418 | +€35,194 | +120.4% |
| Trade receivables | 40 | €15,018 | €13,429 | -€1,590 | -10.6% |
| Other amounts receivable | 41 | €14,206 | €50,990 | +€36,784 | +258.9% |
| Cash at bank and in hand | 54/58 | €24,430 | €4,227 | -€20,203 | -82.7% |
| Deferred charges and accrued income | 490/1 | - | €501 | +€501 | |
| Total equity and liabilities | 10/49 | €58,147 | €128,890 | +€70,744 | +121.7% |
| Equity | 10/15 | €39,619 | €70,020 | +€30,401 | +76.7% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,119 | €68,520 | +€30,401 | +79.8% |
| Amounts payable | 17/49 | €18,527 | €58,870 | +€40,343 | +217.7% |
| Amounts payable after more than one year | 17 | - | €22,987 | +€22,987 | |
| Financial debts | 170/4 | - | €22,987 | +€22,987 | |
| Amounts payable within one year | 42/48 | €18,527 | €35,884 | +€17,357 | +93.7% |
| Current portion of amounts payable after more than one year | 42 | - | €6,662 | +€6,662 | |
| Trade debts | 44 | €2,546 | €6,679 | +€4,133 | +162.3% |
| Suppliers | 440/4 | €2,546 | €6,679 | +€4,133 | +162.3% |
| Taxes, remuneration and social security | 45 | €15,981 | €22,543 | +€6,562 | +41.1% |
| Taxes | 450/3 | €15,981 | €22,543 | +€6,562 | +41.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,052 | €3,266 | +€2,213 | +210.3% |
| Other operating charges | 640/8 | €768 | €935 | +€167 | +21.7% |
| Gross operating margin | 9900 | €38,526 | €42,943 | +€4,417 | +11.5% |
| Operating profit (loss) | 9901 | €36,705 | €38,742 | +€2,037 | +5.6% |
| Financial income | 75/76B | €27 | €1,284 | +€1,257 | +4582.7% |
| Recurring financial income | 75 | €27 | €1,284 | +€1,257 | +4582.7% |
| Financial charges | 65/66B | €87 | €1,226 | +€1,140 | +1312.8% |
| Recurring financial charges | 65 | €87 | €1,226 | +€1,140 | +1312.8% |
| Profit (loss) for the period before taxes | 9903 | €36,646 | €38,800 | +€2,154 | +5.9% |
| Income taxes | 67/77 | €7,657 | €8,399 | +€742 | +9.7% |
| Profit (loss) for the period | 9904 | €28,989 | €30,401 | +€1,412 | +4.9% |
| Profit (loss) for the period to be appropriated | 9905 | €28,989 | €30,401 | +€1,412 | +4.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.