FLOwMAX: 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.
FLOwMAX
Largest movements
- Tangible fixed assets -€2,371
down €2,371 (-24.4%), from €9,730 to €7,359
- Cash +€1,359
up €1,359 (+35.1%), from €3,875 to €5,234
mainly Net result for the year (+€12,523) and Depreciation (+€2,371)
- Profit (loss) carried forward +€12,523
up €12,523 (+26.9%), from -€46,511 to -€33,988
- Debts after one year -€9,500
down €9,500 (-33.3%), from €28,500 to €19,000
- Other debts -€2,781
down €2,781 (-23.8%), from €11,696 to €8,916
- Tax, wage and social debts -€1,024
down €1,024 (-81.0%), from €1,264 to €240
- Trade debts -€205
down €205 (-54.7%), from €374 to €169
- Gross operating margin -€3,764
down €3,764 (-18.1%), from €20,754 to €16,990
- Depreciation +€310
up €310 (+15.0%), from €2,061 to €2,371
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 | €13,924 | €12,938 | -€986 | -7.1% |
| Fixed assets | 21/28 | €9,730 | €7,359 | -€2,371 | -24.4% |
| Tangible fixed assets | 22/27 | €9,730 | €7,359 | -€2,371 | -24.4% |
| Furniture and vehicles | 24 | €9,730 | €7,359 | -€2,371 | -24.4% |
| Current assets | 29/58 | €4,194 | €5,579 | +€1,385 | +33.0% |
| Stocks and contracts in progress | 3 | €319 | €345 | +€26 | +8.2% |
| Stocks | 30/36 | €319 | €345 | +€26 | +8.2% |
| Cash at bank and in hand | 54/58 | €3,875 | €5,234 | +€1,359 | +35.1% |
| Total equity and liabilities | 10/49 | €13,924 | €12,938 | -€986 | -7.1% |
| Equity | 10/15 | -€27,911 | -€15,388 | +€12,523 | +44.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€46,511 | -€33,988 | +€12,523 | +26.9% |
| Amounts payable | 17/49 | €41,835 | €28,326 | -€13,509 | -32.3% |
| Amounts payable after more than one year | 17 | €28,500 | €19,000 | -€9,500 | -33.3% |
| Financial debts | 170/4 | €28,500 | €19,000 | -€9,500 | -33.3% |
| Amounts payable within one year | 42/48 | €13,335 | €9,326 | -€4,009 | -30.1% |
| Trade debts | 44 | €374 | €169 | -€205 | -54.7% |
| Suppliers | 440/4 | €374 | €169 | -€205 | -54.7% |
| Taxes, remuneration and social security | 45 | €1,264 | €240 | -€1,024 | -81.0% |
| Taxes | 450/3 | €1,264 | €240 | -€1,024 | -81.0% |
| Other amounts payable | 47/48 | €11,696 | €8,916 | -€2,781 | -23.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,061 | €2,371 | +€310 | +15.0% |
| Other operating charges | 640/8 | €1,238 | €1,279 | +€41 | +3.3% |
| Gross operating margin | 9900 | €20,754 | €16,990 | -€3,764 | -18.1% |
| Operating profit (loss) | 9901 | €17,456 | €13,341 | -€4,115 | -23.6% |
| Financial income | 75/76B | €0 | €18 | +€18 | +35320.0% |
| Recurring financial income | 75 | €0 | €18 | +€18 | +35320.0% |
| Financial charges | 65/66B | €543 | €662 | +€118 | +21.8% |
| Recurring financial charges | 65 | €543 | €662 | +€118 | +21.8% |
| Profit (loss) for the period before taxes | 9903 | €16,912 | €12,697 | -€4,215 | -24.9% |
| Income taxes | 67/77 | €79 | €174 | +€95 | +119.2% |
| Profit (loss) for the period | 9904 | €16,833 | €12,523 | -€4,310 | -25.6% |
| Profit (loss) for the period to be appropriated | 9905 | €16,833 | €12,523 | -€4,310 | -25.6% |
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 29 September 2026 via checked.be.