FLUKS: 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.
FLUKS
Largest movements
- Tangible fixed assets -€13,729
down €13,729 (-31.0%), from €44,243 to €30,514
of which Land and buildings: -€9,516
- Cash +€2,639
up €2,639 (+6.6%), from €40,284 to €42,924
mainly Depreciation (+€13,729) and Net result for the year (+€1,338)
- Receivables within one year +€1,927
up €1,927 (+24.5%), from €7,860 to €9,786
of which Other amounts receivable: +€974
- Debts after one year -€10,987
down €10,987 (-25.4%), from €43,313 to €32,326
- Reserves +€1,338
up €1,338 (+5.3%), from €25,473 to €26,811
of which Distributable reserves: +€1,338
- Gross operating margin -€7,697
down €7,697 (-26.7%), from €28,794 to €21,096
- Depreciation -€2,346
down €2,346 (-14.6%), from €16,075 to €13,729
- Financial charges -€696
down €696 (-20.4%), from €3,407 to €2,711
- Taxes -€458
down €458 (-26.0%), from €1,760 to €1,302
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 | €93,188 | €84,129 | -€9,059 | -9.7% |
| Fixed assets | 21/28 | €44,243 | €30,514 | -€13,729 | -31.0% |
| Tangible fixed assets | 22/27 | €44,243 | €30,514 | -€13,729 | -31.0% |
| Land and buildings | 22 | €33,648 | €24,132 | -€9,516 | -28.3% |
| Plant, machinery and equipment | 23 | €10,595 | €6,382 | -€4,213 | -39.8% |
| Current assets | 29/58 | €48,945 | €53,615 | +€4,670 | +9.5% |
| Amounts receivable within one year | 40/41 | €7,860 | €9,786 | +€1,927 | +24.5% |
| Trade receivables | 40 | €6,824 | €7,777 | +€953 | +14.0% |
| Other amounts receivable | 41 | €1,035 | €2,009 | +€974 | +94.1% |
| Cash at bank and in hand | 54/58 | €40,284 | €42,924 | +€2,639 | +6.6% |
| Deferred charges and accrued income | 490/1 | €801 | €905 | +€104 | +13.0% |
| Total equity and liabilities | 10/49 | €93,188 | €84,129 | -€9,059 | -9.7% |
| Equity | 10/15 | €31,673 | €33,011 | +€1,338 | +4.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €25,473 | €26,811 | +€1,338 | +5.3% |
| 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 | €1,418 | €1,418 | = | 0.0% |
| Distributable reserves | 133 | €22,195 | €23,533 | +€1,338 | +6.0% |
| Amounts payable | 17/49 | €61,515 | €51,118 | -€10,398 | -16.9% |
| Amounts payable after more than one year | 17 | €43,313 | €32,326 | -€10,987 | -25.4% |
| Financial debts | 170/4 | €43,313 | €32,326 | -€10,987 | -25.4% |
| Amounts payable within one year | 42/48 | €17,786 | €18,652 | +€866 | +4.9% |
| Current portion of amounts payable after more than one year | 42 | €13,417 | €13,987 | +€570 | +4.2% |
| Trade debts | 44 | €254 | €1,004 | +€750 | +295.1% |
| Suppliers | 440/4 | €254 | €1,004 | +€750 | +295.1% |
| Taxes, remuneration and social security | 45 | €4,115 | €3,661 | -€454 | -11.0% |
| Taxes | 450/3 | €4,115 | €3,661 | -€454 | -11.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €417 | €140 | -€276 | -66.4% |
| Non-recurring operating income | 76A | €223 | €0 | -€223 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,075 | €13,729 | -€2,346 | -14.6% |
| Other operating charges | 640/8 | €1,806 | €2,016 | +€210 | +11.6% |
| Gross operating margin | 9900 | €28,794 | €21,096 | -€7,697 | -26.7% |
| Operating profit (loss) | 9901 | €10,913 | €5,351 | -€5,561 | -51.0% |
| Financial income | 75/76B | €6 | €0 | -€6 | -98.3% |
| Recurring financial income | 75 | €6 | €0 | -€6 | -98.3% |
| Financial charges | 65/66B | €3,407 | €2,711 | -€696 | -20.4% |
| Recurring financial charges | 65 | €3,407 | €2,711 | -€696 | -20.4% |
| Profit (loss) for the period before taxes | 9903 | €7,512 | €2,641 | -€4,871 | -64.8% |
| Income taxes | 67/77 | €1,760 | €1,302 | -€458 | -26.0% |
| Profit (loss) for the period | 9904 | €5,752 | €1,338 | -€4,414 | -76.7% |
| Profit (loss) for the period to be appropriated | 9905 | €5,752 | €1,338 | -€4,414 | -76.7% |
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 11 October 2026 via checked.be.