Flow2connect: 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.
Flow2connect
Largest movements
- Financial fixed assets +€500,000
new in 2025: €500,000
- Cash -€22,683
down €22,683 (-18.0%), from €125,801 to €103,118
mainly Investment in fixed assets (net) (-€500,000) and Trade debts (-€160)
- Debts after one year +€256,675
new in 2025: €256,675
- Reserves +€96,517
up €96,517 (+108%), from €89,731 to €186,248
- Current portion of long-term debt +€71,771
new in 2025: €71,771
- Tax, wage and social debts +€31,342
up €31,342 (+59.1%), from €53,046 to €84,388
- Other debts +€13,539
up €13,539 (+93.4%), from €14,489 to €28,028
- Gross operating margin +€29,300
up €29,300 (+25.5%), from €115,123 to €144,423
- Financial charges +€11,616
up €11,616 (+15,980%), from €73 to €11,689
- Taxes +€10,218
up €10,218 (+40.9%), from €24,963 to €35,181
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.
Derived cash bridge
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 | €162,110 | €634,265 | +€472,154 | +291% |
| Fixed assets | 21/28 | €1,512 | €501,176 | +€499,664 | +33,046% |
| Tangible fixed assets | 22/27 | €1,512 | €1,176 | -€336 | -22.2% |
| Plant, machinery and equipment | 23 | €1,512 | €1,176 | -€336 | -22.2% |
| Financial fixed assets | 28 | - | €500,000 | +€500,000 | |
| Current assets | 29/58 | €160,598 | €133,089 | -€27,510 | -17.1% |
| Amounts receivable within one year | 40/41 | €32,116 | €28,763 | -€3,353 | -10.4% |
| Trade receivables | 40 | €29,479 | €28,763 | -€716 | -2.4% |
| Other amounts receivable | 41 | €2,637 | €0 | -€2,637 | -100% |
| Cash at bank and in hand | 54/58 | €125,801 | €103,118 | -€22,683 | -18.0% |
| Deferred charges and accrued income | 490/1 | €2,682 | €1,208 | -€1,474 | -55.0% |
| Total equity and liabilities | 10/49 | €162,110 | €634,265 | +€472,154 | +291% |
| Equity | 10/15 | €92,231 | €188,748 | +€96,517 | +105% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €89,731 | €186,248 | +€96,517 | +108% |
| Distributable reserves | 133 | €89,731 | €186,248 | +€96,517 | +108% |
| Amounts payable | 17/49 | €69,880 | €445,517 | +€375,637 | +538% |
| Amounts payable after more than one year | 17 | - | €256,675 | +€256,675 | |
| Financial debts | 170/4 | - | €256,675 | +€256,675 | |
| Amounts payable within one year | 42/48 | €69,570 | €186,062 | +€116,492 | +167% |
| Current portion of amounts payable after more than one year | 42 | - | €71,771 | +€71,771 | |
| Trade debts | 44 | €2,035 | €1,876 | -€160 | -7.8% |
| Suppliers | 440/4 | €2,035 | €1,876 | -€160 | -7.8% |
| Taxes, remuneration and social security | 45 | €53,046 | €84,388 | +€31,342 | +59.1% |
| Taxes | 450/3 | €53,046 | €84,388 | +€31,342 | +59.1% |
| Other amounts payable | 47/48 | €14,489 | €28,028 | +€13,539 | +93.4% |
| Accrued charges and deferred income | 492/3 | €309 | €2,779 | +€2,470 | +798% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €167 | €336 | +€169 | +101% |
| Other operating charges | 640/8 | €189 | €902 | +€712 | +377% |
| Gross operating margin | 9900 | €115,123 | €144,423 | +€29,300 | +25.5% |
| Operating profit (loss) | 9901 | €114,767 | €143,186 | +€28,419 | +24.8% |
| Financial income | 75/76B | €0 | €201 | +€201 | +1,006,950% |
| Recurring financial income | 75 | €0 | €201 | +€201 | +1,006,950% |
| Financial charges | 65/66B | €73 | €11,689 | +€11,616 | +15,980% |
| Recurring financial charges | 65 | €73 | €11,689 | +€11,616 | +15,980% |
| Profit (loss) for the period before taxes | 9903 | €114,694 | €131,698 | +€17,004 | +14.8% |
| Income taxes | 67/77 | €24,963 | €35,181 | +€10,218 | +40.9% |
| Profit (loss) for the period | 9904 | €89,731 | €96,517 | +€6,786 | +7.6% |
| Profit (loss) for the period to be appropriated | 9905 | €89,731 | €96,517 | +€6,786 | +7.6% |
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 15 October 2026 via checked.be.