Fluo: 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.
Fluo
Largest movements
- Receivables within one year +€110,990
up €110,990 (+67.6%), from €164,187 to €275,177
of which Trade receivables: +€77,703
- Tangible fixed assets +€7,474
up €7,474 (+165.8%), from €4,508 to €11,982
- Tax, wage and social debts +€40,125
up €40,125 (+47.5%), from €84,494 to €124,619
of which Remuneration and social security: +€23,217
- Trade debts +€36,846
up €36,846 (+80.7%), from €45,681 to €82,527
- Advances received +€26,223
new in 2025: €26,223
- Profit (loss) carried forward +€15,143
up €15,143, from -€14,257 to €886
- Turnover -€303,997
down €303,997 (-28.3%), from €1.1m to €768,764
- Purchases and services -€57,279
down €57,279 (-11.3%), from €505,174 to €447,895
- Staff costs -€47,225
down €47,225 (-8.2%), from €577,622 to €530,397
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 | €177,919 | €297,380 | +€119,461 | +67.1% |
| Fixed assets | 21/28 | €4,508 | €11,982 | +€7,474 | +165.8% |
| Tangible fixed assets | 22/27 | €4,508 | €11,982 | +€7,474 | +165.8% |
| Plant, machinery and equipment | 23 | €4,508 | €11,982 | +€7,474 | +165.8% |
| Current assets | 29/58 | €173,411 | €285,398 | +€111,988 | +64.6% |
| Amounts receivable within one year | 40/41 | €164,187 | €275,177 | +€110,990 | +67.6% |
| Trade receivables | 40 | €115,584 | €193,287 | +€77,703 | +67.2% |
| Other amounts receivable | 41 | €48,603 | €81,889 | +€33,287 | +68.5% |
| Cash at bank and in hand | 54/58 | €5,856 | €6,844 | +€988 | +16.9% |
| Deferred charges and accrued income | 490/1 | €3,368 | €3,378 | +€10 | +0.3% |
| Total equity and liabilities | 10/49 | €177,919 | €297,380 | +€119,461 | +67.1% |
| Equity | 10/15 | €47,743 | €63,886 | +€16,143 | +33.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | - | €1,000 | +€1,000 | |
| Non-distributable reserves | 130/1 | - | €1,000 | +€1,000 | |
| Legal reserve | 130 | - | €1,000 | +€1,000 | |
| Profit (loss) carried forward | 14 | -€14,257 | €886 | +€15,143 | |
| Provisions and deferred taxes | 16 | - | €124 | +€124 | |
| Provisions for liabilities and charges | 160/5 | - | €124 | +€124 | |
| Pensions and similar obligations | 160 | - | €124 | +€124 | |
| Amounts payable | 17/49 | €130,175 | €233,369 | +€103,194 | +79.3% |
| Amounts payable within one year | 42/48 | €130,175 | €233,369 | +€103,194 | +79.3% |
| Trade debts | 44 | €45,681 | €82,527 | +€36,846 | +80.7% |
| Suppliers | 440/4 | €45,681 | €82,527 | +€36,846 | +80.7% |
| Advances received on contracts in progress | 46 | - | €26,223 | +€26,223 | |
| Taxes, remuneration and social security | 45 | €84,494 | €124,619 | +€40,125 | +47.5% |
| Taxes | 450/3 | €45,932 | €62,840 | +€16,908 | +36.8% |
| Remuneration and social security | 454/9 | €38,562 | €61,779 | +€23,217 | +60.2% |
| Turnover | 70 | €1,072,761 | €768,764 | -€303,997 | -28.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €505,174 | €447,895 | -€57,279 | -11.3% |
| Remuneration, social security and pensions | 62 | €577,622 | €530,397 | -€47,225 | -8.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,960 | €4,071 | +€2,112 | +107.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €124 | +€124 | |
| Other operating charges | 640/8 | €1,899 | €2,319 | +€420 | +22.1% |
| Gross operating margin | 9900 | €570,343 | €562,497 | -€7,846 | -1.4% |
| Operating profit (loss) | 9901 | -€11,138 | €25,586 | +€36,724 | |
| Financial income | 75/76B | €599 | €383 | -€215 | -36.0% |
| Recurring financial income | 75 | €599 | €383 | -€215 | -36.0% |
| Financial charges | 65/66B | €3,442 | €2,901 | -€541 | -15.7% |
| Recurring financial charges | 65 | €3,442 | €2,901 | -€541 | -15.7% |
| Profit (loss) for the period before taxes | 9903 | -€13,982 | €23,068 | +€37,049 | |
| Income taxes | 67/77 | €275 | €6,925 | +€6,650 | +2418.1% |
| Profit (loss) for the period | 9904 | -€14,257 | €16,143 | +€30,399 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,257 | €16,143 | +€30,399 |
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 10 October 2026 via checked.be.