FLUMEN: 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.
FLUMEN
Largest movements
- Cash +€132,399
up €132,399 (+32.6%), from €406,265 to €538,664
mainly Investment in fixed assets (net) (+€112,921) and Net result for the year (+€54,581)
- Tangible fixed assets -€116,866
down €116,866 (-69.1%), from €169,051 to €52,185
- Profit (loss) carried forward +€54,581
up €54,581 (+15.0%), from €362,862 to €417,443
- Reserves -€30,000
down €30,000 (-16.5%), from €181,860 to €151,860
of which Distributable reserves: -€30,000
- Tax, wage and social debts -€9,477
down €9,477 (-100.0%), from €9,477 to €0
of which Taxes: -€9,477
- Gross operating margin -€90,755
down €90,755, from €86,847 to -€3,908
- Financial income +€79,335
up €79,335 (+946.9%), from €8,378 to €87,713
of which Non-recurring financial income: +€82,079
- Taxes -€5,150
down €5,150 (-21.1%), from €24,398 to €19,248
- Depreciation -€3,879
down €3,879 (-49.6%), from €7,824 to €3,945
- Staff costs +€3,382
up €3,382 (+225.2%), from €1,502 to €4,884
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 | €577,225 | €589,667 | +€12,442 | +2.2% |
| Fixed assets | 21/28 | €169,051 | €52,185 | -€116,866 | -69.1% |
| Tangible fixed assets | 22/27 | €169,051 | €52,185 | -€116,866 | -69.1% |
| Land and buildings | 22 | €169,051 | €52,185 | -€116,866 | -69.1% |
| Current assets | 29/58 | €408,173 | €537,482 | +€129,309 | +31.7% |
| Amounts receivable within one year | 40/41 | €1,908 | -€1,181 | -€3,089 | |
| Trade receivables | 40 | €0 | €0 | = | |
| Other amounts receivable | 41 | €1,908 | -€1,181 | -€3,089 | |
| Current investments | 50/53 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €406,265 | €538,664 | +€132,399 | +32.6% |
| Deferred charges and accrued income | 490/1 | €0 | €0 | = | |
| Total equity and liabilities | 10/49 | €577,225 | €589,667 | +€12,442 | +2.2% |
| Equity | 10/15 | €563,322 | €587,903 | +€24,581 | +4.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €181,860 | €151,860 | -€30,000 | -16.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €180,000 | €150,000 | -€30,000 | -16.7% |
| Profit (loss) carried forward | 14 | €362,862 | €417,443 | +€54,581 | +15.0% |
| Amounts payable | 17/49 | €13,902 | €1,764 | -€12,138 | -87.3% |
| Amounts payable within one year | 42/48 | €13,902 | €1,764 | -€12,138 | -87.3% |
| Trade debts | 44 | €264 | €0 | -€264 | -100.0% |
| Suppliers | 440/4 | €264 | €0 | -€264 | -100.0% |
| Taxes, remuneration and social security | 45 | €9,477 | €0 | -€9,477 | -100.0% |
| Taxes | 450/3 | €9,477 | €0 | -€9,477 | -100.0% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €4,161 | €1,764 | -€2,397 | -57.6% |
| Accrued charges and deferred income | 492/3 | €0 | €0 | = | |
| Remuneration, social security and pensions | 62 | €1,502 | €4,884 | +€3,382 | +225.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,824 | €3,945 | -€3,879 | -49.6% |
| Other operating charges | 640/8 | €1,940 | €1,101 | -€839 | -43.2% |
| Gross operating margin | 9900 | €86,847 | -€3,908 | -€90,755 | |
| Operating profit (loss) | 9901 | €75,581 | -€13,839 | -€89,420 | |
| Financial income | 75/76B | €8,378 | €87,713 | +€79,335 | +946.9% |
| Recurring financial income | 75 | €8,378 | €5,634 | -€2,744 | -32.8% |
| Non-recurring financial income | 76B | - | €82,079 | +€82,079 | |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €83,914 | €73,829 | -€10,085 | -12.0% |
| Income taxes | 67/77 | €24,398 | €19,248 | -€5,150 | -21.1% |
| Profit (loss) for the period | 9904 | €59,516 | €54,581 | -€4,935 | -8.3% |
| Profit (loss) for the period to be appropriated | 9905 | €59,516 | €54,581 | -€4,935 | -8.3% |
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 1 October 2026 via checked.be.