FlowProtect: 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.
FlowProtect
Largest movements
- Receivables within one year +€61,591
up €61,591 (+425.7%), from €14,467 to €76,058
of which Trade receivables: +€62,997
- Cash +€26,572
up €26,572 (+42.7%), from €62,168 to €88,740
mainly Net result for the year (+€57,696) and Trade debts (+€41,091)
- Stocks and contracts +€17,202
up €17,202 (+436.4%), from €3,942 to €21,144
- Tangible fixed assets -€6,568
down €6,568 (-21.3%), from €30,904 to €24,336
of which Furniture and vehicles: -€4,110
- Reserves +€57,696
up €57,696 (+123.0%), from €46,895 to €104,591
- Trade debts +€41,091
up €41,091 (+6035.6%), from €681 to €41,771
- Tax, wage and social debts +€15,533
up €15,533 (+1368.8%), from €1,135 to €16,668
- Other debts -€12,952
down €12,952 (-25.6%), from €50,572 to €37,619
- Gross operating margin +€31,635
up €31,635 (+57.2%), from €55,267 to €86,902
- Taxes +€6,234
up €6,234 (+69.1%), from €9,016 to €15,250
- Depreciation +€1,054
up €1,054 (+8.9%), from €11,895 to €12,949
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 | €111,582 | €210,314 | +€98,732 | +88.5% |
| Fixed assets | 21/28 | €30,904 | €24,336 | -€6,568 | -21.3% |
| Tangible fixed assets | 22/27 | €30,904 | €24,336 | -€6,568 | -21.3% |
| Plant, machinery and equipment | 23 | €24,508 | €22,049 | -€2,458 | -10.0% |
| Furniture and vehicles | 24 | €6,396 | €2,287 | -€4,110 | -64.3% |
| Current assets | 29/58 | €80,678 | €185,978 | +€105,301 | +130.5% |
| Stocks and contracts in progress | 3 | €3,942 | €21,144 | +€17,202 | +436.4% |
| Stocks | 30/36 | €3,942 | €21,144 | +€17,202 | +436.4% |
| Amounts receivable within one year | 40/41 | €14,467 | €76,058 | +€61,591 | +425.7% |
| Trade receivables | 40 | €3,984 | €66,981 | +€62,997 | +1581.3% |
| Other amounts receivable | 41 | €10,483 | €9,077 | -€1,406 | -13.4% |
| Cash at bank and in hand | 54/58 | €62,168 | €88,740 | +€26,572 | +42.7% |
| Deferred charges and accrued income | 490/1 | €101 | €37 | -€64 | -63.6% |
| Total equity and liabilities | 10/49 | €111,582 | €210,314 | +€98,732 | +88.5% |
| Equity | 10/15 | €51,895 | €109,591 | +€57,696 | +111.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €46,895 | €104,591 | +€57,696 | +123.0% |
| Distributable reserves | 133 | €46,895 | €104,591 | +€57,696 | +123.0% |
| Amounts payable | 17/49 | €59,686 | €100,723 | +€41,037 | +68.8% |
| Amounts payable after more than one year | 17 | €4,664 | €2,625 | -€2,039 | -43.7% |
| Financial debts | 170/4 | €4,664 | €2,625 | -€2,039 | -43.7% |
| Amounts payable within one year | 42/48 | €54,373 | €98,098 | +€43,725 | +80.4% |
| Current portion of amounts payable after more than one year | 42 | €1,985 | €2,039 | +€53 | +2.7% |
| Trade debts | 44 | €681 | €41,771 | +€41,091 | +6035.6% |
| Suppliers | 440/4 | €681 | €41,771 | +€41,091 | +6035.6% |
| Taxes, remuneration and social security | 45 | €1,135 | €16,668 | +€15,533 | +1368.8% |
| Taxes | 450/3 | €1,135 | €16,668 | +€15,533 | +1368.8% |
| Other amounts payable | 47/48 | €50,572 | €37,619 | -€12,952 | -25.6% |
| Accrued charges and deferred income | 492/3 | €649 | €0 | -€649 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,895 | €12,949 | +€1,054 | +8.9% |
| Other operating charges | 640/8 | €497 | €684 | +€186 | +37.4% |
| Gross operating margin | 9900 | €55,267 | €86,902 | +€31,635 | +57.2% |
| Operating profit (loss) | 9901 | €42,875 | €73,270 | +€30,395 | +70.9% |
| Financial income | 75/76B | €6 | €0 | -€6 | -98.4% |
| Recurring financial income | 75 | €6 | €0 | -€6 | -98.4% |
| Financial charges | 65/66B | €504 | €324 | -€180 | -35.7% |
| Recurring financial charges | 65 | €504 | €324 | -€180 | -35.7% |
| Profit (loss) for the period before taxes | 9903 | €42,377 | €72,946 | +€30,569 | +72.1% |
| Income taxes | 67/77 | €9,016 | €15,250 | +€6,234 | +69.1% |
| Profit (loss) for the period | 9904 | €33,361 | €57,696 | +€24,335 | +72.9% |
| Profit (loss) for the period to be appropriated | 9905 | €33,361 | €57,696 | +€24,335 | +72.9% |
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 8 October 2026 via checked.be.