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FLUIDSYSTEME: 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.

What changed

FLUIDSYSTEME

BE 0893.901.223
NACE 43.221, Plumbing work
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€6,992
2024 · €11,500-€4,508
Equity
€62,624
2024 · €55,631+€6,992
Cash
€39,281
2024 · €17,553+€21,728
Balance sheet total
€86,231
2024 · €74,877+€11,354

Largest movements

2024 to 2025
Assets
  • Deferred charges and accrued income -€37,053

    down €37,053 (-91.5%), from €40,493 to €3,440

  • Receivables within one year +€29,605

    up €29,605 (+404.7%), from €7,316 to €36,921

    of which Trade receivables: +€26,067

  • Cash +€21,728

    up €21,728 (+123.8%), from €17,553 to €39,281

    mainly Deferred charges and accrued income (+€37,053) and Net result for the year (+€6,992)

  • Tangible fixed assets -€2,926

    down €2,926 (-30.7%), from €9,515 to €6,589

    of which Furniture and vehicles: -€2,601

Equity and liabilities
  • Reserves +€6,992

    up €6,992 (+17.3%), from €40,431 to €47,424

  • Trade debts +€4,765

    up €4,765 (+71.9%), from €6,626 to €11,391

  • Debts after one year -€3,774

    down €3,774 (-100.0%), from €3,774 to €0

  • Tax, wage and social debts +€2,266

    up €2,266 (+67.1%), from €3,378 to €5,645

    of which Remuneration and social security: +€1,811

  • Other debts +€1,330

    up €1,330 (+122.5%), from €1,085 to €2,415

Income statement
  • Financial charges +€13,422

    up €13,422 (+54.8%), from €24,511 to €37,933

  • Gross operating margin +€7,851

    up €7,851 (+16.8%), from €46,744 to €54,594

  • Taxes -€1,779

    down €1,779 (-35.3%), from €5,036 to €3,256

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €11,500
Gross operating margin +€7,851
Depreciation -€34
Other operating charges -€166
Other operating items -€514
Financial income -€1
Financial charges -€13,422
Taxes +€1,779
Result 2025 €6,992

Cash bridge derived

cash 2024 to 2025

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.

From operations +€28,063
Investment -€2,336
Financing -€4,000
Cash 2024 €17,553
Net result for the year +€6,992
Depreciation +€5,262
Receivables within one year -€29,605
Deferred charges and accrued income +€37,053
Trade debts +€4,765
Tax, wage and social debts +€2,266
Other debts +€1,330
Investment in fixed assets (net) -€2,336
Debts after one year -€3,774
Current portion of long-term debt +€72
Short-term financial debts -€297
Cash 2025 €39,281
Every line side by side 45 lines
Line Code 2024 2025 Change %
Total assets 20/58 €74,877 €86,231 +€11,354 +15.2%
Fixed assets 21/28 €9,515 €6,589 -€2,926 -30.7%
Tangible fixed assets 22/27 €9,515 €6,589 -€2,926 -30.7%
Plant, machinery and equipment 23 €948 €624 -€325 -34.2%
Furniture and vehicles 24 €8,566 €5,966 -€2,601 -30.4%
Other tangible fixed assets 26 €0 - =
Current assets 29/58 €65,362 €79,642 +€14,280 +21.8%
Amounts receivable within one year 40/41 €7,316 €36,921 +€29,605 +404.7%
Trade receivables 40 €2,728 €28,795 +€26,067 +955.6%
Other amounts receivable 41 €4,588 €8,125 +€3,537 +77.1%
Cash at bank and in hand 54/58 €17,553 €39,281 +€21,728 +123.8%
Deferred charges and accrued income 490/1 €40,493 €3,440 -€37,053 -91.5%
Total equity and liabilities 10/49 €74,877 €86,231 +€11,354 +15.2%
Equity 10/15 €55,631 €62,624 +€6,992 +12.6%
Contributions 10/11 €15,200 €15,200 = 0.0%
Reserves 13 €40,431 €47,424 +€6,992 +17.3%
Distributable reserves 133 €40,431 €47,424 +€6,992 +17.3%
Profit (loss) carried forward 14 €0 - =
Amounts payable 17/49 €19,246 €23,607 +€4,362 +22.7%
Amounts payable after more than one year 17 €3,774 €0 -€3,774 -100.0%
Financial debts 170/4 €3,774 €0 -€3,774 -100.0%
Amounts payable within one year 42/48 €15,471 €23,607 +€8,136 +52.6%
Current portion of amounts payable after more than one year 42 €4,085 €4,157 +€72 +1.8%
Financial debts 43 €297 €0 -€297 -100.0%
Credit institutions 430/8 €297 €0 -€297 -100.0%
Trade debts 44 €6,626 €11,391 +€4,765 +71.9%
Suppliers 440/4 €6,626 €11,391 +€4,765 +71.9%
Taxes, remuneration and social security 45 €3,378 €5,645 +€2,266 +67.1%
Taxes 450/3 €1,597 €2,052 +€456 +28.5%
Remuneration and social security 454/9 €1,782 €3,593 +€1,811 +101.6%
Other amounts payable 47/48 €1,085 €2,415 +€1,330 +122.5%
Remuneration, social security and pensions 62 €0 - =
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €5,228 €5,262 +€34 +0.6%
Other operating charges 640/8 €472 €638 +€166 +35.1%
Non-recurring operating charges 66A - €514 +€514
Gross operating margin 9900 €46,744 €54,594 +€7,851 +16.8%
Operating profit (loss) 9901 €41,044 €48,181 +€7,137 +17.4%
Financial income 75/76B €2 €1 -€1 -63.2%
Recurring financial income 75 €2 €1 -€1 -63.2%
Financial charges 65/66B €24,511 €37,933 +€13,422 +54.8%
Recurring financial charges 65 €24,511 €37,933 +€13,422 +54.8%
Profit (loss) for the period before taxes 9903 €16,535 €10,248 -€6,287 -38.0%
Income taxes 67/77 €5,036 €3,256 -€1,779 -35.3%
Profit (loss) for the period 9904 €11,500 €6,992 -€4,508 -39.2%
Profit (loss) for the period to be appropriated 9905 €11,500 €6,992 -€4,508 -39.2%

Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.