FLUON: 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.
FLUON
Largest movements
- Receivables within one year +€300,419
up €300,419 (+341%), from €88,130 to €388,549
of which Trade receivables: +€255,901
- Tangible fixed assets -€21,104
down €21,104 (-15.9%), from €132,465 to €111,361
of which Leasing and similar rights: -€14,540
- Deferred charges and accrued income -€7,772
down €7,772 (-72.6%), from €10,702 to €2,930
- Short-term financial debts +€221,465
up €221,465 (+651%), from €33,995 to €255,460
- Tax, wage and social debts +€91,709
up €91,709 (+357%), from €25,674 to €117,383
of which Remuneration and social security: +€97,988
- Debts after one year -€23,237
down €23,237 (-28.1%), from €82,826 to €59,590
- Profit (loss) carried forward -€13,417
down €13,417 (-11.9%), from -€112,695 to -€126,112
- Trade debts -€8,940
down €8,940 (-15.8%), from €56,413 to €47,473
- Gross operating margin +€541,433
up €541,433 (+161%), from €336,896 to €878,329
- Staff costs +€455,876
up €455,876 (+123%), from €370,591 to €826,467
- Taxes -€28,766
down €28,766 (-98.8%), from €29,126 to €360
- Financial charges +€13,110
up €13,110 (+102%), from €12,821 to €25,931
of which Financial charges: +€11,729
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.
Derived cash bridge
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 | €245,968 | €517,545 | +€271,577 | +110% |
| Fixed assets | 21/28 | €147,135 | €126,031 | -€21,104 | -14.3% |
| Tangible fixed assets | 22/27 | €132,465 | €111,361 | -€21,104 | -15.9% |
| Plant, machinery and equipment | 23 | €41,329 | €32,271 | -€9,058 | -21.9% |
| Furniture and vehicles | 24 | €12,485 | €19,217 | +€6,732 | +53.9% |
| Leasing and similar rights | 25 | €62,526 | €47,986 | -€14,540 | -23.3% |
| Other tangible fixed assets | 26 | €16,126 | €11,887 | -€4,238 | -26.3% |
| Financial fixed assets | 28 | €14,670 | €14,670 | = | 0.0% |
| Current assets | 29/58 | €98,832 | €391,514 | +€292,681 | +296% |
| Amounts receivable within one year | 40/41 | €88,130 | €388,549 | +€300,419 | +341% |
| Trade receivables | 40 | €63,272 | €319,172 | +€255,901 | +404% |
| Other amounts receivable | 41 | €24,858 | €69,377 | +€44,519 | +179% |
| Cash at bank and in hand | 54/58 | - | €34 | +€34 | |
| Deferred charges and accrued income | 490/1 | €10,702 | €2,930 | -€7,772 | -72.6% |
| Total equity and liabilities | 10/49 | €245,968 | €517,545 | +€271,577 | +110% |
| Equity | 10/15 | €21,252 | €7,834 | -€13,417 | -63.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €115,347 | €115,347 | = | 0.0% |
| Distributable reserves | 133 | €115,347 | €115,347 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€112,695 | -€126,112 | -€13,417 | -11.9% |
| Amounts payable | 17/49 | €224,716 | €509,710 | +€284,994 | +127% |
| Amounts payable after more than one year | 17 | €82,826 | €59,590 | -€23,237 | -28.1% |
| Financial debts | 170/4 | €82,826 | €59,590 | -€23,237 | -28.1% |
| Amounts payable within one year | 42/48 | €141,562 | €449,759 | +€308,197 | +218% |
| Current portion of amounts payable after more than one year | 42 | €25,074 | €25,944 | +€870 | +3.5% |
| Financial debts | 43 | €33,995 | €255,460 | +€221,465 | +651% |
| Credit institutions | 430/8 | €33,995 | €255,460 | +€221,465 | +651% |
| Trade debts | 44 | €56,413 | €47,473 | -€8,940 | -15.8% |
| Suppliers | 440/4 | €56,413 | €47,473 | -€8,940 | -15.8% |
| Taxes, remuneration and social security | 45 | €25,674 | €117,383 | +€91,709 | +357% |
| Taxes | 450/3 | €7,563 | €1,284 | -€6,279 | -83.0% |
| Remuneration and social security | 454/9 | €18,111 | €116,099 | +€97,988 | +541% |
| Other amounts payable | 47/48 | €407 | €3,500 | +€3,093 | +761% |
| Accrued charges and deferred income | 492/3 | €328 | €362 | +€34 | +10.3% |
| Remuneration, social security and pensions | 62 | €370,591 | €826,467 | +€455,876 | +123% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,008 | €36,742 | +€3,734 | +11.3% |
| Other operating charges | 640/8 | €4,105 | €2,993 | -€1,112 | -27.1% |
| Non-recurring operating charges | 66A | - | €871 | +€871 | |
| Gross operating margin | 9900 | €336,896 | €878,329 | +€541,433 | +161% |
| Operating profit (loss) | 9901 | -€70,808 | €11,258 | +€82,065 | |
| Financial income | 75/76B | €60 | €1,617 | +€1,557 | +2,612% |
| Recurring financial income | 75 | €37 | €1,617 | +€1,579 | +4,218% |
| Non-recurring financial income | 76B | €22 | - | -€22 | |
| Financial charges | 65/66B | €12,821 | €25,931 | +€13,110 | +102% |
| Recurring financial charges | 65 | €8,469 | €20,198 | +€11,729 | +138% |
| Non-recurring financial charges | 66B | €4,352 | €5,733 | +€1,381 | +31.7% |
| Profit (loss) for the period before taxes | 9903 | -€83,569 | -€13,057 | +€70,512 | +84.4% |
| Income taxes | 67/77 | €29,126 | €360 | -€28,766 | -98.8% |
| Profit (loss) for the period | 9904 | -€112,695 | -€13,417 | +€99,278 | +88.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€112,695 | -€13,417 | +€99,278 | +88.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.