FLP-technics: 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.
FLP-technics
Largest movements
- Receivables within one year +€81,002
up €81,002 (+13.0%), from €621,525 to €702,527
of which Trade receivables: +€86,234
- Current investments +€57,172
up €57,172 (+148.5%), from €38,499 to €95,671
- Cash -€43,406
down €43,406 (-8.7%), from €496,210 to €452,804
mainly Contributions, distributions and other (-€377,773) and Receivables within one year (-€81,002)
- Other debts +€296,954
up €296,954 (+409.7%), from €72,486 to €369,440
- Reserves -€135,902
down €135,902 (-16.8%), from €810,040 to €674,137
of which Distributable reserves: -€135,902
- Debts after one year -€52,530
down €52,530 (-13.7%), from €382,568 to €330,039
- Trade debts -€51,939
down €51,939 (-25.6%), from €202,708 to €150,769
- Advances received +€27,370
up €27,370 (+9.1%), from €299,915 to €327,285
- Gross operating margin +€175,842
up €175,842 (+29.1%), from €603,772 to €779,614
- Staff costs +€46,403
up €46,403 (+15.9%), from €292,560 to €338,964
- Taxes +€41,563
up €41,563 (+57.9%), from €71,726 to €113,289
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 | €1,956,332 | €2,020,588 | +€64,256 | +3.3% |
| Fixed assets | 21/28 | €729,059 | €709,952 | -€19,107 | -2.6% |
| Tangible fixed assets | 22/27 | €728,860 | €709,753 | -€19,107 | -2.6% |
| Land and buildings | 22 | €609,984 | €611,399 | +€1,414 | +0.2% |
| Plant, machinery and equipment | 23 | €4,196 | €2,516 | -€1,680 | -40.0% |
| Furniture and vehicles | 24 | €114,679 | €95,838 | -€18,841 | -16.4% |
| Financial fixed assets | 28 | €199 | €199 | = | 0.0% |
| Current assets | 29/58 | €1,227,273 | €1,310,636 | +€83,363 | +6.8% |
| Stocks and contracts in progress | 3 | €55,107 | €57,262 | +€2,155 | +3.9% |
| Stocks | 30/36 | €55,107 | €57,262 | +€2,155 | +3.9% |
| Amounts receivable within one year | 40/41 | €621,525 | €702,527 | +€81,002 | +13.0% |
| Trade receivables | 40 | €585,321 | €671,555 | +€86,234 | +14.7% |
| Other amounts receivable | 41 | €36,204 | €30,971 | -€5,232 | -14.5% |
| Current investments | 50/53 | €38,499 | €95,671 | +€57,172 | +148.5% |
| Cash at bank and in hand | 54/58 | €496,210 | €452,804 | -€43,406 | -8.7% |
| Deferred charges and accrued income | 490/1 | €15,932 | €2,372 | -€13,560 | -85.1% |
| Total equity and liabilities | 10/49 | €1,956,332 | €2,020,588 | +€64,256 | +3.3% |
| Equity | 10/15 | €828,640 | €692,737 | -€135,902 | -16.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €810,040 | €674,137 | -€135,902 | -16.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €25,635 | €25,635 | = | 0.0% |
| Distributable reserves | 133 | €782,545 | €646,642 | -€135,902 | -17.4% |
| Amounts payable | 17/49 | €1,127,692 | €1,327,851 | +€200,159 | +17.7% |
| Amounts payable after more than one year | 17 | €382,568 | €330,039 | -€52,530 | -13.7% |
| Financial debts | 170/4 | €382,568 | €330,039 | -€52,530 | -13.7% |
| Amounts payable within one year | 42/48 | €734,155 | €985,502 | +€251,346 | +34.2% |
| Current portion of amounts payable after more than one year | 42 | €52,082 | €52,530 | +€447 | +0.9% |
| Trade debts | 44 | €202,708 | €150,769 | -€51,939 | -25.6% |
| Suppliers | 440/4 | €202,708 | €150,769 | -€51,939 | -25.6% |
| Advances received on contracts in progress | 46 | €299,915 | €327,285 | +€27,370 | +9.1% |
| Taxes, remuneration and social security | 45 | €106,964 | €85,478 | -€21,486 | -20.1% |
| Taxes | 450/3 | €69,036 | €63,198 | -€5,838 | -8.5% |
| Remuneration and social security | 454/9 | €37,928 | €22,279 | -€15,648 | -41.3% |
| Other amounts payable | 47/48 | €72,486 | €369,440 | +€296,954 | +409.7% |
| Accrued charges and deferred income | 492/3 | €10,969 | €12,310 | +€1,342 | +12.2% |
| Non-recurring operating income | 76A | €165 | - | -€165 | |
| Remuneration, social security and pensions | 62 | €292,560 | €338,964 | +€46,403 | +15.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,550 | €69,868 | +€2,318 | +3.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €3,257 | +€3,257 | |
| Other operating charges | 640/8 | €4,636 | €5,972 | +€1,336 | +28.8% |
| Gross operating margin | 9900 | €603,772 | €779,614 | +€175,842 | +29.1% |
| Operating profit (loss) | 9901 | €239,026 | €361,553 | +€122,527 | +51.3% |
| Financial income | 75/76B | €1,914 | €3,048 | +€1,135 | +59.3% |
| Recurring financial income | 75 | €1,914 | €3,048 | +€1,135 | +59.3% |
| Financial charges | 65/66B | €6,342 | €9,442 | +€3,100 | +48.9% |
| Recurring financial charges | 65 | €6,342 | €9,442 | +€3,100 | +48.9% |
| Profit (loss) for the period before taxes | 9903 | €234,597 | €355,159 | +€120,562 | +51.4% |
| Income taxes | 67/77 | €71,726 | €113,289 | +€41,563 | +57.9% |
| Profit (loss) for the period | 9904 | €162,872 | €241,871 | +€78,999 | +48.5% |
| Profit (loss) for the period to be appropriated | 9905 | €162,872 | €241,871 | +€78,999 | +48.5% |
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.