FLOWWW: 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.
FLOWWW
Largest movements
- Cash +€36,804
up €36,804 (+61.9%), from €59,496 to €96,300
mainly Net result for the year (+€80,096) and Investment in fixed assets (net) (+€17,624)
- Tangible fixed assets -€23,781
down €23,781 (-38.3%), from €62,171 to €38,390
of which Furniture and vehicles: -€21,580
- Receivables within one year +€8,471
up €8,471 (+61.7%), from €13,726 to €22,197
of which Trade receivables: +€9,327
- Tax, wage and social debts +€13,205
up €13,205 (+160.4%), from €8,232 to €21,437
- Other debts +€7,121
up €7,121 (+6.6%), from €107,629 to €114,751
- Trade debts +€2,198
up €2,198 (+1214.6%), from €181 to €2,379
- Gross operating margin +€68,950
up €68,950 (+131.9%), from €52,259 to €121,209
- Taxes +€16,844
up €16,844 (+138.7%), from €12,144 to €28,988
- Depreciation -€2,830
down €2,830 (-31.5%), from €8,987 to €6,156
- Financial charges +€1,680
up €1,680 (+391.4%), from €429 to €2,109
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 | €136,706 | €159,231 | +€22,525 | +16.5% |
| Fixed assets | 21/28 | €62,171 | €38,390 | -€23,781 | -38.3% |
| Tangible fixed assets | 22/27 | €62,171 | €38,390 | -€23,781 | -38.3% |
| Land and buildings | 22 | €32,362 | €29,464 | -€2,898 | -9.0% |
| Plant, machinery and equipment | 23 | €1,439 | €2,356 | +€917 | +63.7% |
| Furniture and vehicles | 24 | €27,492 | €5,912 | -€21,580 | -78.5% |
| Other tangible fixed assets | 26 | €878 | €659 | -€220 | -25.0% |
| Current assets | 29/58 | €74,535 | €120,841 | +€46,306 | +62.1% |
| Amounts receivable within one year | 40/41 | €13,726 | €22,197 | +€8,471 | +61.7% |
| Trade receivables | 40 | €12,870 | €22,197 | +€9,327 | +72.5% |
| Other amounts receivable | 41 | €856 | €0 | -€856 | -100.0% |
| Cash at bank and in hand | 54/58 | €59,496 | €96,300 | +€36,804 | +61.9% |
| Deferred charges and accrued income | 490/1 | €1,313 | €2,344 | +€1,030 | +78.5% |
| Total equity and liabilities | 10/49 | €136,706 | €159,231 | +€22,525 | +16.5% |
| Equity | 10/15 | €20,664 | €20,664 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €204 | €204 | = | 0.0% |
| Amounts payable | 17/49 | €116,042 | €138,567 | +€22,525 | +19.4% |
| Amounts payable within one year | 42/48 | €116,042 | €138,567 | +€22,525 | +19.4% |
| Trade debts | 44 | €181 | €2,379 | +€2,198 | +1214.6% |
| Suppliers | 440/4 | €181 | €2,379 | +€2,198 | +1214.6% |
| Taxes, remuneration and social security | 45 | €8,232 | €21,437 | +€13,205 | +160.4% |
| Taxes | 450/3 | €8,232 | €21,437 | +€13,205 | +160.4% |
| Other amounts payable | 47/48 | €107,629 | €114,751 | +€7,121 | +6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,987 | €6,156 | -€2,830 | -31.5% |
| Other operating charges | 640/8 | €577 | €400 | -€178 | -30.8% |
| Non-recurring operating charges | 66A | - | €3,460 | +€3,460 | |
| Gross operating margin | 9900 | €52,259 | €121,209 | +€68,950 | +131.9% |
| Operating profit (loss) | 9901 | €42,695 | €111,193 | +€68,498 | +160.4% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €429 | €2,109 | +€1,680 | +391.4% |
| Recurring financial charges | 65 | €429 | €2,109 | +€1,680 | +391.4% |
| Profit (loss) for the period before taxes | 9903 | €42,266 | €109,084 | +€66,818 | +158.1% |
| Income taxes | 67/77 | €12,144 | €28,988 | +€16,844 | +138.7% |
| Profit (loss) for the period | 9904 | €30,122 | €80,096 | +€49,974 | +165.9% |
| Profit (loss) for the period to be appropriated | 9905 | €30,122 | €80,096 | +€49,974 | +165.9% |
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 28 September 2026 via checked.be.