FLUITEC: 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.
FLUITEC
Largest movements
- Receivables within one year -€1.1m
down €1.1m (-19.3%), from €5.7m to €4.6m
of which Other amounts receivable: -€1.5m
- Cash +€355,560
up €355,560 (+2254.3%), from €15,773 to €371,332
mainly Net result for the year (+€1.5m) and Receivables within one year (+€1.1m)
- Current investments +€338,745
new in 2024: €338,745
- Deferred charges and accrued income -€176,236
down €176,236 (-61.6%), from €286,205 to €109,969
- Stocks and contracts -€165,485
down €165,485 (-17.0%), from €973,294 to €807,809
- Other debts -€1.6m
down €1.6m (-71.5%), from €2.2m to €621,691
- Profit (loss) carried forward +€1.1m
up €1.1m (+180.6%), from €622,026 to €1.7m
- Trade debts -€368,252
down €368,252 (-34.4%), from €1.1m to €703,381
- Reserves +€365,908
up €365,908 (+228.3%), from €160,302 to €526,211
of which Non-distributable reserves: +€368,460
- Short-term financial debts -€144,134
down €144,134 (-53.6%), from €269,134 to €125,000
of which Credit institutions: -€125,000
- Staff costs -€2.2m
down €2.2m (-91.3%), from €2.4m to €208,489
- Gross operating margin -€1.9m
down €1.9m (-61.1%), from €3.0m to €1.2m
- Financial income +€529,355
up €529,355 (+854.8%), from €61,929 to €591,285
- Financial charges -€114,086
down €114,086 (-64.4%), from €177,022 to €62,936
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,439,259 | €6,697,976 | -€741,282 | -10.0% |
| Fixed assets | 21/28 | €501,206 | €501,477 | +€270 | +0.1% |
| Intangible fixed assets | 21 | €133,103 | €134,994 | +€1,891 | +1.4% |
| Tangible fixed assets | 22/27 | €18,223 | €11,915 | -€6,308 | -34.6% |
| Plant, machinery and equipment | 23 | €9,189 | €1,345 | -€7,844 | -85.4% |
| Furniture and vehicles | 24 | €9,034 | €10,570 | +€1,536 | +17.0% |
| Financial fixed assets | 28 | €349,880 | €354,567 | +€4,687 | +1.3% |
| Current assets | 29/58 | €6,938,052 | €6,196,500 | -€741,553 | -10.7% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Stocks and contracts in progress | 3 | €973,294 | €807,809 | -€165,485 | -17.0% |
| Stocks | 30/36 | €973,294 | €807,809 | -€165,485 | -17.0% |
| Amounts receivable within one year | 40/41 | €5,662,782 | €4,568,644 | -€1.1m | -19.3% |
| Trade receivables | 40 | €2,490,112 | €2,846,340 | +€356,227 | +14.3% |
| Other amounts receivable | 41 | €3,172,669 | €1,722,305 | -€1.5m | -45.7% |
| Current investments | 50/53 | - | €338,745 | +€338,745 | |
| Cash at bank and in hand | 54/58 | €15,773 | €371,332 | +€355,560 | +2254.3% |
| Deferred charges and accrued income | 490/1 | €286,205 | €109,969 | -€176,236 | -61.6% |
| Total equity and liabilities | 10/49 | €7,439,259 | €6,697,976 | -€741,282 | -10.0% |
| Equity | 10/15 | €3,527,079 | €5,016,656 | +€1.5m | +42.2% |
| Contributions | 10/11 | €2,744,750 | €2,744,750 | = | 0.0% |
| Capital | 10 | €2,744,750 | €2,744,750 | = | 0.0% |
| Issued capital | 100 | €2,744,750 | €2,744,750 | = | 0.0% |
| Reserves | 13 | €160,302 | €526,211 | +€365,908 | +228.3% |
| Non-distributable reserves | 130/1 | €157,751 | €526,211 | +€368,460 | +233.6% |
| Legal reserve | 130 | €157,751 | €187,465 | +€29,714 | +18.8% |
| Other | 1319 | - | €338,745 | +€338,745 | |
| Tax-exempt reserves | 132 | €2,551 | €0 | -€2,551 | -100.0% |
| Profit (loss) carried forward | 14 | €622,026 | €1,745,695 | +€1.1m | +180.6% |
| Provisions and deferred taxes | 16 | €14,064 | €14,314 | +€250 | +1.8% |
| Provisions for liabilities and charges | 160/5 | €14,064 | €14,314 | +€250 | +1.8% |
| Pensions and similar obligations | 160 | €14,064 | €14,314 | +€250 | +1.8% |
| Amounts payable | 17/49 | €3,898,116 | €1,667,006 | -€2.2m | -57.2% |
| Amounts payable within one year | 42/48 | €3,719,370 | €1,615,656 | -€2.1m | -56.6% |
| Current portion of amounts payable after more than one year | 42 | €120,126 | €0 | -€120,126 | -100.0% |
| Financial debts | 43 | €269,134 | €125,000 | -€144,134 | -53.6% |
| Credit institutions | 430/8 | €250,000 | €125,000 | -€125,000 | -50.0% |
| Other loans | 439 | €19,134 | €0 | -€19,134 | -100.0% |
| Trade debts | 44 | €1,071,632 | €703,381 | -€368,252 | -34.4% |
| Suppliers | 440/4 | €1,071,632 | €703,381 | -€368,252 | -34.4% |
| Taxes, remuneration and social security | 45 | €75,133 | €165,585 | +€90,452 | +120.4% |
| Taxes | 450/3 | €45,751 | €140,499 | +€94,749 | +207.1% |
| Remuneration and social security | 454/9 | €29,382 | €25,085 | -€4,297 | -14.6% |
| Other amounts payable | 47/48 | €2,183,345 | €621,691 | -€1.6m | -71.5% |
| Accrued charges and deferred income | 492/3 | €178,746 | €51,350 | -€127,396 | -71.3% |
| Non-recurring operating income | 76A | €21,460 | €0 | -€21,460 | -100.0% |
| Remuneration, social security and pensions | 62 | €2,406,103 | €208,489 | -€2.2m | -91.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,257 | €5,522 | +€264 | +5.0% |
| Other operating charges | 640/8 | €1,213 | €968 | -€246 | -20.3% |
| Gross operating margin | 9900 | €3,030,603 | €1,178,491 | -€1.9m | -61.1% |
| Operating profit (loss) | 9901 | €618,029 | €963,513 | +€345,484 | +55.9% |
| Financial income | 75/76B | €61,929 | €591,285 | +€529,355 | +854.8% |
| Recurring financial income | 75 | €61,929 | €591,285 | +€529,355 | +854.8% |
| Financial charges | 65/66B | €177,022 | €62,936 | -€114,086 | -64.4% |
| Recurring financial charges | 65 | €177,022 | €62,936 | -€114,086 | -64.4% |
| Profit (loss) for the period before taxes | 9903 | €502,937 | €1,491,862 | +€988,925 | +196.6% |
| Income taxes | 67/77 | €267 | -€267 | -€534 | |
| Profit (loss) for the period | 9904 | €502,670 | €1,492,128 | +€989,458 | +196.8% |
| Profit (loss) for the period to be appropriated | 9905 | €502,670 | €1,492,128 | +€989,458 | +196.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.