FLOW TECH INDUSTRIES: 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 TECH INDUSTRIES
Largest movements
- Current investments -€1.0m
no longer reported in 2024 (was €1.0m)
- Receivables after one year +€100,000
new in 2024: €100,000
- Cash +€72,528
up €72,528 (+35.2%), from €205,764 to €278,292
mainly Current investments (+€1.0m) and Trade debts (+€257,068)
- Receivables within one year -€66,180
down €66,180 (-47.4%), from €139,529 to €73,350
of which Trade receivables: -€38,756
- Provisions -€1.3m
no longer reported in 2024 (was €1.3m)
- Trade debts +€257,068
up €257,068 (+1028.7%), from €24,989 to €282,057
- Reserves +€147,861
up €147,861 (+7041.0%), from €2,100 to €149,961
- Provisions -€1.4m
down €1.4m, from €51,849 to -€1.3m
- Gross operating margin -€1.3m
down €1.3m, from €227,403 to -€1.1m
- Staff costs +€28,609
up €28,609 (+167.7%), from €17,061 to €45,670
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,347,285 | €453,811 | -€893,474 | -66.3% |
| Fixed assets | 21/28 | €1,992 | €1,550 | -€443 | -22.2% |
| Tangible fixed assets | 22/27 | €632 | €190 | -€443 | -70.0% |
| Plant, machinery and equipment | 23 | €632 | €190 | -€443 | -70.0% |
| Financial fixed assets | 28 | €1,360 | €1,360 | = | 0.0% |
| Current assets | 29/58 | €1,345,293 | €452,261 | -€893,031 | -66.4% |
| Amounts receivable after more than one year | 29 | - | €100,000 | +€100,000 | |
| Other amounts receivable | 291 | - | €100,000 | +€100,000 | |
| Amounts receivable within one year | 40/41 | €139,529 | €73,350 | -€66,180 | -47.4% |
| Trade receivables | 40 | €38,756 | - | -€38,756 | |
| Other amounts receivable | 41 | €100,773 | €73,350 | -€27,423 | -27.2% |
| Current investments | 50/53 | €1,000,000 | - | -€1.0m | |
| Cash at bank and in hand | 54/58 | €205,764 | €278,292 | +€72,528 | +35.2% |
| Deferred charges and accrued income | 490/1 | - | €620 | +€620 | |
| Total equity and liabilities | 10/49 | €1,347,285 | €453,811 | -€893,474 | -66.3% |
| Equity | 10/15 | €14,938 | €170,961 | +€156,022 | +1044.4% |
| Contributions | 10/11 | €21,000 | €21,000 | = | 0.0% |
| Reserves | 13 | €2,100 | €149,961 | +€147,861 | +7041.0% |
| Distributable reserves | 133 | €2,100 | €149,961 | +€147,861 | +7041.0% |
| Profit (loss) carried forward | 14 | -€8,162 | - | +€8,162 | |
| Provisions and deferred taxes | 16 | €1,301,849 | - | -€1.3m | |
| Provisions for liabilities and charges | 160/5 | €1,301,849 | - | -€1.3m | |
| Other liabilities and charges | 164/5 | €1,301,849 | - | -€1.3m | |
| Amounts payable | 17/49 | €30,498 | €282,850 | +€252,352 | +827.4% |
| Amounts payable within one year | 42/48 | €30,498 | €282,850 | +€252,352 | +827.4% |
| Trade debts | 44 | €24,989 | €282,057 | +€257,068 | +1028.7% |
| Suppliers | 440/4 | €24,989 | €282,057 | +€257,068 | +1028.7% |
| Taxes, remuneration and social security | 45 | €4,665 | €491 | -€4,174 | -89.5% |
| Taxes | 450/3 | €371 | €491 | +€120 | +32.2% |
| Remuneration and social security | 454/9 | €4,294 | - | -€4,294 | |
| Other amounts payable | 47/48 | €844 | €302 | -€542 | -64.2% |
| Remuneration, social security and pensions | 62 | €17,061 | €45,670 | +€28,609 | +167.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €424 | €443 | +€18 | +4.3% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €51,849 | -€1,301,849 | -€1.4m | |
| Other operating charges | 640/8 | €723 | €968 | +€244 | +33.8% |
| Gross operating margin | 9900 | €227,403 | -€1,102,030 | -€1.3m | |
| Operating profit (loss) | 9901 | €157,345 | €152,739 | -€4,606 | -2.9% |
| Financial income | 75/76B | €9,352 | €3,636 | -€5,716 | -61.1% |
| Recurring financial income | 75 | €9,352 | €3,636 | -€5,716 | -61.1% |
| Financial charges | 65/66B | €394 | €353 | -€41 | -10.5% |
| Recurring financial charges | 65 | €394 | €353 | -€41 | -10.5% |
| Profit (loss) for the period before taxes | 9903 | €166,303 | €156,022 | -€10,281 | -6.2% |
| Profit (loss) for the period | 9904 | €166,303 | €156,022 | -€10,281 | -6.2% |
| Profit (loss) for the period to be appropriated | 9905 | €166,303 | €156,022 | -€10,281 | -6.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.