FLOWTEC: 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.
FLOWTEC
Largest movements
- Current investments +€1.0m
new in 2025: €1.0m
- Cash -€696,578
down €696,578 (-48.9%), from €1.4m to €728,818
mainly Current investments (-€1.0m) and Contributions, distributions and other (-€193,674)
- Tangible fixed assets -€59,943
down €59,943 (-9.1%), from €658,805 to €598,862
of which Plant, machinery and equipment: -€46,728
- Profit (loss) carried forward +€440,814
up €440,814, from €0 to €440,814
- Reserves -€193,674
down €193,674 (-8.8%), from €2.2m to €2.0m
- Taxes -€68,907
down €68,907 (-32.1%), from €214,689 to €145,782
- Staff costs +€51,300
up €51,300 (+32.1%), from €159,865 to €211,165
- Gross operating margin -€30,092
down €30,092 (-3.3%), from €924,033 to €893,942
- Financial income -€16,177
down €16,177 (-94.0%), from €17,217 to €1,039
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 | €2,428,313 | €2,674,957 | +€246,644 | +10.2% |
| Fixed assets | 21/28 | €658,805 | €598,862 | -€59,943 | -9.1% |
| Tangible fixed assets | 22/27 | €658,805 | €598,862 | -€59,943 | -9.1% |
| Land and buildings | 22 | €361,571 | €354,124 | -€7,447 | -2.1% |
| Plant, machinery and equipment | 23 | €250,626 | €203,897 | -€46,728 | -18.6% |
| Furniture and vehicles | 24 | €19,608 | €13,840 | -€5,768 | -29.4% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Other tangible fixed assets | 26 | €27,000 | €27,000 | = | 0.0% |
| Current assets | 29/58 | €1,769,508 | €2,076,096 | +€306,588 | +17.3% |
| Stocks and contracts in progress | 3 | €66,894 | €62,420 | -€4,474 | -6.7% |
| Stocks | 30/36 | €66,894 | €62,420 | -€4,474 | -6.7% |
| Amounts receivable within one year | 40/41 | €271,803 | €273,421 | +€1,618 | +0.6% |
| Trade receivables | 40 | €241,336 | €209,203 | -€32,133 | -13.3% |
| Other amounts receivable | 41 | €30,467 | €64,218 | +€33,751 | +111% |
| Current investments | 50/53 | - | €1,003,451 | +€1.0m | |
| Cash at bank and in hand | 54/58 | €1,425,396 | €728,818 | -€696,578 | -48.9% |
| Deferred charges and accrued income | 490/1 | €5,415 | €7,985 | +€2,571 | +47.5% |
| Total equity and liabilities | 10/49 | €2,428,313 | €2,674,957 | +€246,644 | +10.2% |
| Equity | 10/15 | €2,229,594 | €2,476,734 | +€247,140 | +11.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,209,594 | €2,015,920 | -€193,674 | -8.8% |
| Distributable reserves | 133 | €2,209,594 | €2,015,920 | -€193,674 | -8.8% |
| Profit (loss) carried forward | 14 | €0 | €440,814 | +€440,814 | |
| Amounts payable | 17/49 | €198,719 | €198,223 | -€496 | -0.2% |
| Amounts payable within one year | 42/48 | €198,719 | €197,810 | -€909 | -0.5% |
| Trade debts | 44 | €137,059 | €136,232 | -€827 | -0.6% |
| Suppliers | 440/4 | €137,059 | €136,232 | -€827 | -0.6% |
| Advances received on contracts in progress | 46 | €22,936 | €2,489 | -€20,447 | -89.1% |
| Taxes, remuneration and social security | 45 | €36,151 | €56,522 | +€20,371 | +56.3% |
| Taxes | 450/3 | €12,216 | €25,553 | +€13,337 | +109% |
| Remuneration and social security | 454/9 | €23,936 | €30,970 | +€7,034 | +29.4% |
| Other amounts payable | 47/48 | €2,572 | €2,566 | -€6 | -0.2% |
| Accrued charges and deferred income | 492/3 | - | €413 | +€413 | |
| Non-recurring operating income | 76A | €13,186 | €246 | -€12,940 | -98.1% |
| Remuneration, social security and pensions | 62 | €159,865 | €211,165 | +€51,300 | +32.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €82,505 | €77,533 | -€4,972 | -6.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €279 | +€279 | |
| Other operating charges | 640/8 | €14,067 | €15,220 | +€1,153 | +8.2% |
| Gross operating margin | 9900 | €924,033 | €893,942 | -€30,092 | -3.3% |
| Operating profit (loss) | 9901 | €667,596 | €589,744 | -€77,852 | -11.7% |
| Financial income | 75/76B | €17,217 | €1,039 | -€16,177 | -94.0% |
| Recurring financial income | 75 | €17,217 | €1,039 | -€16,177 | -94.0% |
| Financial charges | 65/66B | €2,998 | €4,187 | +€1,189 | +39.7% |
| Recurring financial charges | 65 | €2,998 | €4,187 | +€1,189 | +39.7% |
| Profit (loss) for the period before taxes | 9903 | €681,815 | €586,596 | -€95,219 | -14.0% |
| Income taxes | 67/77 | €214,689 | €145,782 | -€68,907 | -32.1% |
| Profit (loss) for the period | 9904 | €467,126 | €440,814 | -€26,311 | -5.6% |
| Profit (loss) for the period to be appropriated | 9905 | €467,126 | €440,814 | -€26,311 | -5.6% |
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 13 October 2026 via checked.be.