FLUCE: 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.
FLUCE
Largest movements
- Receivables within one year -€25,503
down €25,503 (-41.4%), from €61,582 to €36,078
of which Trade receivables: -€24,010
- Tangible fixed assets +€15,900
up €15,900 (+41.5%), from €38,298 to €54,198
- Cash +€11,901
up €11,901 (+195.9%), from €6,076 to €17,977
mainly Net result for the year (+€80,063) and Receivables within one year (+€25,503)
- Trade debts +€19,037
up €19,037 (+38.5%), from €49,476 to €68,513
- Other debts -€14,576
down €14,576 (-14.4%), from €101,240 to €86,665
- Tax, wage and social debts -€2,027
down €2,027 (-78.1%), from €2,594 to €567
- Gross operating margin +€19,500
up €19,500 (+22.6%), from €86,221 to €105,721
- Taxes +€5,137
up €5,137 (+23.3%), from €22,029 to €27,166
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 | €155,460 | €157,758 | +€2,298 | +1.5% |
| Fixed assets | 21/28 | €38,298 | €54,198 | +€15,900 | +41.5% |
| Tangible fixed assets | 22/27 | €38,298 | €54,198 | +€15,900 | +41.5% |
| Furniture and vehicles | 24 | €38,298 | €54,198 | +€15,900 | +41.5% |
| Current assets | 29/58 | €117,162 | €103,560 | -€13,602 | -11.6% |
| Amounts receivable within one year | 40/41 | €61,582 | €36,078 | -€25,503 | -41.4% |
| Trade receivables | 40 | €50,136 | €26,126 | -€24,010 | -47.9% |
| Other amounts receivable | 41 | €11,446 | €9,953 | -€1,493 | -13.0% |
| Current investments | 50/53 | €49,505 | €49,505 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €6,076 | €17,977 | +€11,901 | +195.9% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €155,460 | €157,758 | +€2,298 | +1.5% |
| Equity | 10/15 | €2,150 | €2,014 | -€137 | -6.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €150 | €14 | -€137 | -91.0% |
| Amounts payable | 17/49 | €153,310 | €155,745 | +€2,435 | +1.6% |
| Amounts payable within one year | 42/48 | €153,310 | €155,745 | +€2,435 | +1.6% |
| Trade debts | 44 | €49,476 | €68,513 | +€19,037 | +38.5% |
| Suppliers | 440/4 | €49,476 | €68,513 | +€19,037 | +38.5% |
| Taxes, remuneration and social security | 45 | €2,594 | €567 | -€2,027 | -78.1% |
| Taxes | 450/3 | €2,594 | €567 | -€2,027 | -78.1% |
| Other amounts payable | 47/48 | €101,240 | €86,665 | -€14,576 | -14.4% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €86,221 | €105,721 | +€19,500 | +22.6% |
| Operating profit (loss) | 9901 | €86,103 | €105,601 | +€19,498 | +22.6% |
| Financial income | 75/76B | €2,243 | €1,732 | -€510 | -22.8% |
| Recurring financial income | 75 | €2,243 | €1,732 | -€510 | -22.8% |
| Financial charges | 65/66B | €104 | €104 | +€0 | 0.0% |
| Recurring financial charges | 65 | €104 | €104 | +€0 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €88,241 | €107,229 | +€18,988 | +21.5% |
| Income taxes | 67/77 | €22,029 | €27,166 | +€5,137 | +23.3% |
| Profit (loss) for the period | 9904 | €66,212 | €80,063 | +€13,851 | +20.9% |
| Profit (loss) for the period to be appropriated | 9905 | €66,212 | €80,063 | +€13,851 | +20.9% |
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 6 October 2026 via checked.be.