FLUKSO: 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.
FLUKSO
Largest movements
- Cash -€259,095
down €259,095 (-88.2%), from €293,641 to €34,546
mainly Current investments (-€256,102) and Contributions, distributions and other (-€160,490)
- Current investments +€256,102
up €256,102 (+319.0%), from €80,278 to €336,380
- Receivables after one year -€200,000
no longer reported in 2025 (was €200,000)
- Tangible fixed assets +€85,863
up €85,863 (+737.9%), from €11,637 to €97,499
of which Other tangible fixed assets: +€89,704
- Receivables within one year -€16,208
down €16,208 (-92.7%), from €17,485 to €1,276
of which Trade receivables: -€17,485
- Reserves -€88,584
down €88,584 (-18.3%), from €485,372 to €396,788
- Other debts -€16,873
down €16,873 (-34.2%), from €49,307 to €32,434
- Tax, wage and social debts -€16,365
down €16,365 (-43.3%), from €37,787 to €21,422
- Trade debts -€11,771
down €11,771 (-87.3%), from €13,486 to €1,715
- Gross operating margin -€19,301
down €19,301 (-15.9%), from €121,562 to €102,261
- Taxes -€6,659
down €6,659 (-18.7%), from €35,702 to €29,043
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 | €603,061 | €469,722 | -€133,338 | -22.1% |
| Fixed assets | 21/28 | €11,657 | €97,519 | +€85,863 | +736.6% |
| Tangible fixed assets | 22/27 | €11,637 | €97,499 | +€85,863 | +737.9% |
| Furniture and vehicles | 24 | €11,637 | €7,795 | -€3,841 | -33.0% |
| Other tangible fixed assets | 26 | - | €89,704 | +€89,704 | |
| Financial fixed assets | 28 | €20 | €20 | = | 0.0% |
| Current assets | 29/58 | €591,404 | €372,203 | -€219,201 | -37.1% |
| Amounts receivable after more than one year | 29 | €200,000 | - | -€200,000 | |
| Other amounts receivable | 291 | €200,000 | - | -€200,000 | |
| Amounts receivable within one year | 40/41 | €17,485 | €1,276 | -€16,208 | -92.7% |
| Trade receivables | 40 | €17,485 | - | -€17,485 | |
| Other amounts receivable | 41 | - | €1,276 | +€1,276 | |
| Current investments | 50/53 | €80,278 | €336,380 | +€256,102 | +319.0% |
| Cash at bank and in hand | 54/58 | €293,641 | €34,546 | -€259,095 | -88.2% |
| Total equity and liabilities | 10/49 | €603,061 | €469,722 | -€133,338 | -22.1% |
| Equity | 10/15 | €497,772 | €409,188 | -€88,584 | -17.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €485,372 | €396,788 | -€88,584 | -18.3% |
| Distributable reserves | 133 | €485,372 | €396,788 | -€88,584 | -18.3% |
| Amounts payable | 17/49 | €105,288 | €60,534 | -€44,754 | -42.5% |
| Amounts payable within one year | 42/48 | €100,580 | €55,571 | -€45,009 | -44.7% |
| Trade debts | 44 | €13,486 | €1,715 | -€11,771 | -87.3% |
| Suppliers | 440/4 | €13,486 | €1,715 | -€11,771 | -87.3% |
| Taxes, remuneration and social security | 45 | €37,787 | €21,422 | -€16,365 | -43.3% |
| Taxes | 450/3 | €37,787 | €21,422 | -€16,365 | -43.3% |
| Other amounts payable | 47/48 | €49,307 | €32,434 | -€16,873 | -34.2% |
| Accrued charges and deferred income | 492/3 | €4,709 | €4,963 | +€254 | +5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,656 | €5,984 | +€328 | +5.8% |
| Other operating charges | 640/8 | €576 | €644 | +€69 | +12.0% |
| Gross operating margin | 9900 | €121,562 | €102,261 | -€19,301 | -15.9% |
| Operating profit (loss) | 9901 | €115,330 | €95,632 | -€19,698 | -17.1% |
| Financial income | 75/76B | €6,303 | €5,385 | -€918 | -14.6% |
| Recurring financial income | 75 | €6,303 | €5,385 | -€918 | -14.6% |
| Non-recurring financial income | 76B | €6,303 | €5,385 | -€918 | -14.6% |
| Financial charges | 65/66B | €97 | €69 | -€29 | -29.6% |
| Recurring financial charges | 65 | €97 | €69 | -€29 | -29.6% |
| Profit (loss) for the period before taxes | 9903 | €121,536 | €100,949 | -€20,587 | -16.9% |
| Income taxes | 67/77 | €35,702 | €29,043 | -€6,659 | -18.7% |
| Profit (loss) for the period | 9904 | €85,834 | €71,906 | -€13,928 | -16.2% |
| Profit (loss) for the period to be appropriated | 9905 | €85,834 | €71,906 | -€13,928 | -16.2% |
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 3 October 2026 via checked.be.