FLOW FACTORY: 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 FACTORY
Largest movements
- Receivables within one year +€20,013
up €20,013 (+59.1%), from €33,837 to €53,850
of which Trade receivables: +€20,020
- Tangible fixed assets -€15,836
down €15,836 (-5.7%), from €280,171 to €264,334
of which Land and buildings: -€14,212
- Cash -€7,410
down €7,410 (-18.4%), from €40,353 to €32,943
mainly Debts after one year (-€30,288) and Current portion of long-term debt (-€28,118)
- Reserves +€63,329
up €63,329 (+25.1%), from €252,215 to €315,544
of which Distributable reserves: +€63,329
- Debts after one year -€30,288
no longer reported in 2025 (was €30,288)
- Current portion of long-term debt -€28,118
down €28,118 (-84.7%), from €33,193 to €5,076
- Trade debts -€5,005
down €5,005 (-40.8%), from €12,264 to €7,259
- Gross operating margin +€5,370
up €5,370 (+5.1%), from €105,879 to €111,248
- Taxes +€2,419
up €2,419 (+12.3%), from €19,742 to €22,161
- Financial charges -€2,146
down €2,146 (-25.3%), from €8,490 to €6,343
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 | €354,476 | €351,156 | -€3,320 | -0.9% |
| Fixed assets | 21/28 | €280,171 | €264,334 | -€15,836 | -5.7% |
| Tangible fixed assets | 22/27 | €280,171 | €264,334 | -€15,836 | -5.7% |
| Land and buildings | 22 | €278,150 | €263,938 | -€14,212 | -5.1% |
| Furniture and vehicles | 24 | €2,020 | €396 | -€1,624 | -80.4% |
| Current assets | 29/58 | €74,306 | €86,822 | +€12,516 | +16.8% |
| Amounts receivable within one year | 40/41 | €33,837 | €53,850 | +€20,013 | +59.1% |
| Trade receivables | 40 | €33,830 | €53,849 | +€20,020 | +59.2% |
| Other amounts receivable | 41 | €7 | €0 | -€7 | -96.2% |
| Cash at bank and in hand | 54/58 | €40,353 | €32,943 | -€7,410 | -18.4% |
| Deferred charges and accrued income | 490/1 | €116 | €29 | -€87 | -74.8% |
| Total equity and liabilities | 10/49 | €354,476 | €351,156 | -€3,320 | -0.9% |
| Equity | 10/15 | €258,415 | €321,744 | +€63,329 | +24.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €252,215 | €315,544 | +€63,329 | +25.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €250,355 | €313,684 | +€63,329 | +25.3% |
| Amounts payable | 17/49 | €96,061 | €29,412 | -€66,649 | -69.4% |
| Amounts payable after more than one year | 17 | €30,288 | - | -€30,288 | |
| Financial debts | 170/4 | €30,288 | - | -€30,288 | |
| Amounts payable within one year | 42/48 | €65,557 | €29,226 | -€36,331 | -55.4% |
| Current portion of amounts payable after more than one year | 42 | €33,193 | €5,076 | -€28,118 | -84.7% |
| Trade debts | 44 | €12,264 | €7,259 | -€5,005 | -40.8% |
| Suppliers | 440/4 | €12,264 | €7,259 | -€5,005 | -40.8% |
| Taxes, remuneration and social security | 45 | €16,167 | €15,136 | -€1,032 | -6.4% |
| Taxes | 450/3 | €12,595 | €11,720 | -€876 | -7.0% |
| Remuneration and social security | 454/9 | €3,572 | €3,416 | -€156 | -4.4% |
| Other amounts payable | 47/48 | €3,933 | €1,755 | -€2,177 | -55.4% |
| Accrued charges and deferred income | 492/3 | €216 | €186 | -€30 | -13.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,180 | €15,836 | -€343 | -2.1% |
| Other operating charges | 640/8 | €2,812 | €2,827 | +€15 | +0.5% |
| Gross operating margin | 9900 | €105,879 | €111,248 | +€5,370 | +5.1% |
| Operating profit (loss) | 9901 | €86,887 | €92,585 | +€5,698 | +6.6% |
| Financial income | 75/76B | €127 | €82 | -€45 | -35.4% |
| Recurring financial income | 75 | €127 | €82 | -€45 | -35.4% |
| Financial charges | 65/66B | €8,490 | €6,343 | -€2,146 | -25.3% |
| Recurring financial charges | 65 | €8,490 | €6,343 | -€2,146 | -25.3% |
| Profit (loss) for the period before taxes | 9903 | €78,524 | €86,323 | +€7,800 | +9.9% |
| Income taxes | 67/77 | €19,742 | €22,161 | +€2,419 | +12.3% |
| Profit (loss) for the period | 9904 | €58,782 | €64,162 | +€5,380 | +9.2% |
| Profit (loss) for the period to be appropriated | 9905 | €58,782 | €64,162 | +€5,380 | +9.2% |
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.