Flownet: 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.
Flownet
Largest movements
- Receivables within one year +€15,293
up €15,293 (+61.1%), from €25,024 to €40,317
of which Trade receivables: +€13,245
- Current investments +€13,021
new in 2025: €13,021
- Cash +€9,850
up €9,850 (+40.0%), from €24,599 to €34,448
mainly Net result for the year (+€40,445) and Depreciation (+€6,312)
- Tangible fixed assets +€1,551
up €1,551 (+5.5%), from €28,263 to €29,814
of which Furniture and vehicles: +€1,625
- Profit (loss) carried forward +€39,612
up €39,612 (+80.5%), from €49,218 to €88,830
- Tax, wage and social debts -€2,661
down €2,661 (-12.5%), from €21,252 to €18,591
- Trade debts +€2,566
up €2,566 (+127.0%), from €2,021 to €4,587
- Short-term financial debts +€2,477
up €2,477 (+917.6%), from €270 to €2,747
- Other debts -€1,370
down €1,370 (-70.1%), from €1,953 to €583
- Gross operating margin -€6,435
down €6,435 (-9.6%), from €67,363 to €60,928
- Taxes -€1,654
down €1,654 (-13.6%), from €12,124 to €10,470
- Depreciation +€1,632
up €1,632 (+34.9%), from €4,679 to €6,312
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 | €78,113 | €118,337 | +€40,224 | +51.5% |
| Fixed assets | 21/28 | €28,263 | €29,814 | +€1,551 | +5.5% |
| Tangible fixed assets | 22/27 | €28,263 | €29,814 | +€1,551 | +5.5% |
| Furniture and vehicles | 24 | €7,431 | €9,056 | +€1,625 | +21.9% |
| Other tangible fixed assets | 26 | €20,832 | €20,758 | -€74 | -0.4% |
| Current assets | 29/58 | €49,850 | €88,523 | +€38,673 | +77.6% |
| Amounts receivable within one year | 40/41 | €25,024 | €40,317 | +€15,293 | +61.1% |
| Trade receivables | 40 | €24,399 | €37,644 | +€13,245 | +54.3% |
| Other amounts receivable | 41 | €625 | €2,673 | +€2,048 | +327.5% |
| Current investments | 50/53 | - | €13,021 | +€13,021 | |
| Cash at bank and in hand | 54/58 | €24,599 | €34,448 | +€9,850 | +40.0% |
| Deferred charges and accrued income | 490/1 | €227 | €737 | +€509 | +224.2% |
| Total equity and liabilities | 10/49 | €78,113 | €118,337 | +€40,224 | +51.5% |
| Equity | 10/15 | €52,218 | €91,830 | +€39,612 | +75.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,218 | €88,830 | +€39,612 | +80.5% |
| Amounts payable | 17/49 | €25,896 | €26,508 | +€612 | +2.4% |
| Amounts payable within one year | 42/48 | €25,496 | €26,508 | +€1,012 | +4.0% |
| Financial debts | 43 | €270 | €2,747 | +€2,477 | +917.6% |
| Credit institutions | 430/8 | €270 | €2,747 | +€2,477 | +917.6% |
| Trade debts | 44 | €2,021 | €4,587 | +€2,566 | +127.0% |
| Suppliers | 440/4 | €2,021 | €4,587 | +€2,566 | +127.0% |
| Taxes, remuneration and social security | 45 | €21,252 | €18,591 | -€2,661 | -12.5% |
| Taxes | 450/3 | €21,252 | €18,591 | -€2,661 | -12.5% |
| Other amounts payable | 47/48 | €1,953 | €583 | -€1,370 | -70.1% |
| Accrued charges and deferred income | 492/3 | €400 | €0 | -€400 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,679 | €6,312 | +€1,632 | +34.9% |
| Other operating charges | 640/8 | - | €284 | +€284 | |
| Gross operating margin | 9900 | €67,363 | €60,928 | -€6,435 | -9.6% |
| Operating profit (loss) | 9901 | €62,684 | €54,332 | -€8,352 | -13.3% |
| Financial income | 75/76B | - | €21 | +€21 | |
| Recurring financial income | 75 | - | €21 | +€21 | |
| Financial charges | 65/66B | €3,929 | €3,438 | -€492 | -12.5% |
| Recurring financial charges | 65 | €3,929 | €3,438 | -€492 | -12.5% |
| Profit (loss) for the period before taxes | 9903 | €58,755 | €50,915 | -€7,839 | -13.3% |
| Income taxes | 67/77 | €12,124 | €10,470 | -€1,654 | -13.6% |
| Profit (loss) for the period | 9904 | €46,631 | €40,445 | -€6,185 | -13.3% |
| Profit (loss) for the period to be appropriated | 9905 | €46,631 | €40,445 | -€6,185 | -13.3% |
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 1 October 2026 via checked.be.