FLTT: 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.
FLTT
Largest movements
- Receivables within one year -€66,167
down €66,167 (-87.5%), from €75,627 to €9,460
of which Trade receivables: -€65,890
- Cash +€51,258
up €51,258 (+480.5%), from €10,667 to €61,925
mainly Receivables within one year (+€66,167) and Depreciation (+€16,293)
- Tangible fixed assets -€16,293
down €16,293 (-9.6%), from €169,676 to €153,383
of which Land and buildings: -€14,894
- Other debts -€41,497
down €41,497 (-19.2%), from €215,696 to €174,199
- Profit (loss) carried forward +€8,202
up €8,202 (+13.2%), from -€62,232 to -€54,030
- Other operating charges -€16,230
down €16,230 (-88.9%), from €18,251 to €2,021
- Depreciation -€2,799
down €2,799 (-14.7%), from €19,091 to €16,293
- Gross operating margin +€643
up €643 (+2.5%), from €26,077 to €26,720
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 | €257,845 | €224,768 | -€33,077 | -12.8% |
| Fixed assets | 21/28 | €169,676 | €153,383 | -€16,293 | -9.6% |
| Tangible fixed assets | 22/27 | €169,676 | €153,383 | -€16,293 | -9.6% |
| Land and buildings | 22 | €168,277 | €153,383 | -€14,894 | -8.9% |
| Furniture and vehicles | 24 | €1,399 | €0 | -€1,399 | -100.0% |
| Current assets | 29/58 | €88,169 | €71,385 | -€16,784 | -19.0% |
| Amounts receivable within one year | 40/41 | €75,627 | €9,460 | -€66,167 | -87.5% |
| Trade receivables | 40 | €75,350 | €9,460 | -€65,890 | -87.4% |
| Other amounts receivable | 41 | €277 | €0 | -€277 | -100.0% |
| Cash at bank and in hand | 54/58 | €10,667 | €61,925 | +€51,258 | +480.5% |
| Deferred charges and accrued income | 490/1 | €1,875 | €0 | -€1,875 | -100.0% |
| Total equity and liabilities | 10/49 | €257,845 | €224,768 | -€33,077 | -12.8% |
| Equity | 10/15 | €42,118 | €50,320 | +€8,202 | +19.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €85,750 | €85,750 | = | 0.0% |
| Distributable reserves | 133 | €85,750 | €85,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€62,232 | -€54,030 | +€8,202 | +13.2% |
| Amounts payable | 17/49 | €215,727 | €174,448 | -€41,279 | -19.1% |
| Amounts payable within one year | 42/48 | €215,727 | €174,448 | -€41,279 | -19.1% |
| Taxes, remuneration and social security | 45 | €31 | €249 | +€218 | +706.0% |
| Taxes | 450/3 | €31 | €249 | +€218 | +706.0% |
| Other amounts payable | 47/48 | €215,696 | €174,199 | -€41,497 | -19.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,091 | €16,293 | -€2,799 | -14.7% |
| Other operating charges | 640/8 | €18,251 | €2,021 | -€16,230 | -88.9% |
| Gross operating margin | 9900 | €26,077 | €26,720 | +€643 | +2.5% |
| Operating profit (loss) | 9901 | -€11,265 | €8,406 | +€19,671 | |
| Financial income | 75/76B | - | €169 | +€169 | |
| Recurring financial income | 75 | - | €169 | +€169 | |
| Financial charges | 65/66B | €125 | €124 | -€0 | -0.3% |
| Recurring financial charges | 65 | €125 | €124 | -€0 | -0.3% |
| Profit (loss) for the period before taxes | 9903 | -€11,390 | €8,451 | +€19,841 | |
| Income taxes | 67/77 | €223 | €249 | +€26 | +11.8% |
| Profit (loss) for the period | 9904 | -€11,613 | €8,202 | +€19,814 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,613 | €8,202 | +€19,814 |
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 9 October 2026 via checked.be.