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FLUOR - NET: 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.

What changed

FLUOR - NET

BE 0433.143.701
NACE 96.101, Personal service activities
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€699
2024 · €421+€278
Equity
-€11,617
2024 · -€12,316+€699
Cash
€297
2024 · €1+€296
Balance sheet total
€4,844
2024 · €1,814+€3,030

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets +€1,715

    up €1,715 (+140.3%), from €1,222 to €2,937

    of which Furniture and vehicles: +€2,268

  • Deferred charges and accrued income +€591

    up €591 (+3476.5%), from €17 to €608

  • Receivables within one year +€562

    up €562 (+127.7%), from €440 to €1,002

    of which Trade receivables: +€571

  • Cash +€296

    up €296 (+29600.0%), from €1 to €297

    mainly Short-term financial debts (+€1,107) and Other debts (+€897)

  • Financial fixed assets -€134

    no longer reported in 2025 (was €134)

Equity and liabilities
  • Short-term financial debts +€1,107

    up €1,107 (+70.8%), from €1,564 to €2,671

  • Other debts +€897

    up €897 (+8.2%), from €11,002 to €11,899

  • Profit (loss) carried forward +€699

    up €699 (+2.2%), from -€32,120 to -€31,421

  • Trade debts +€271

    up €271 (+21.9%), from €1,237 to €1,508

  • Advances received +€246

    new in 2025: €246

Income statement
  • Other operating charges +€1,108

    new in 2025: €1,108

  • Gross operating margin +€770

    up €770 (+29.5%), from €2,609 to €3,379

  • Depreciation -€294

    down €294 (-32.7%), from €899 to €605

  • Financial charges -€290

    down €290 (-23.1%), from €1,254 to €964

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €421
Gross operating margin +€770
Depreciation +€294
Other operating charges -€1,108
Financial charges +€290
Taxes +€32
Result 2025 €699

Cash bridge derived

cash 2024 to 2025

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.

From operations +€1,375
Investment -€2,186
Financing +€1,107
Cash 2024 €1
Net result for the year +€699
Depreciation +€605
Receivables within one year -€562
Deferred charges and accrued income -€591
Trade debts +€271
Tax, wage and social debts -€190
Advances received +€246
Other debts +€897
Investment in fixed assets (net) -€2,186
Short-term financial debts +€1,107
Cash 2025 €297
Every line side by side 40 lines
Line Code 2024 2025 Change %
Total assets 20/58 €1,814 €4,844 +€3,030 +167.0%
Fixed assets 21/28 €1,356 €2,937 +€1,581 +116.6%
Tangible fixed assets 22/27 €1,222 €2,937 +€1,715 +140.3%
Plant, machinery and equipment 23 €445 - -€445
Furniture and vehicles 24 - €2,268 +€2,268
Other tangible fixed assets 26 €777 €669 -€108 -13.9%
Financial fixed assets 28 €134 - -€134
Current assets 29/58 €458 €1,907 +€1,449 +316.4%
Amounts receivable within one year 40/41 €440 €1,002 +€562 +127.7%
Trade receivables 40 €330 €901 +€571 +173.0%
Other amounts receivable 41 €110 €101 -€9 -8.2%
Cash at bank and in hand 54/58 €1 €297 +€296 +29600.0%
Deferred charges and accrued income 490/1 €17 €608 +€591 +3476.5%
Total equity and liabilities 10/49 €1,814 €4,844 +€3,030 +167.0%
Equity 10/15 -€12,316 -€11,617 +€699 +5.7%
Contributions 10/11 €18,750 €18,750 = 0.0%
Reserves 13 €1,054 €1,054 = 0.0%
Non-distributable reserves 130/1 €1,054 €1,054 = 0.0%
Reserves not available under the articles 1311 €1,054 €1,054 = 0.0%
Profit (loss) carried forward 14 -€32,120 -€31,421 +€699 +2.2%
Amounts payable 17/49 €14,130 €16,461 +€2,331 +16.5%
Amounts payable within one year 42/48 €14,130 €16,461 +€2,331 +16.5%
Financial debts 43 €1,564 €2,671 +€1,107 +70.8%
Credit institutions 430/8 €1,564 €2,671 +€1,107 +70.8%
Trade debts 44 €1,237 €1,508 +€271 +21.9%
Suppliers 440/4 €1,237 €1,508 +€271 +21.9%
Advances received on contracts in progress 46 - €246 +€246
Taxes, remuneration and social security 45 €327 €137 -€190 -58.1%
Taxes 450/3 €327 €137 -€190 -58.1%
Other amounts payable 47/48 €11,002 €11,899 +€897 +8.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €899 €605 -€294 -32.7%
Other operating charges 640/8 - €1,108 +€1,108
Gross operating margin 9900 €2,609 €3,379 +€770 +29.5%
Operating profit (loss) 9901 €1,710 €1,666 -€44 -2.6%
Financial charges 65/66B €1,254 €964 -€290 -23.1%
Recurring financial charges 65 €1,254 €964 -€290 -23.1%
Profit (loss) for the period before taxes 9903 €456 €702 +€246 +53.9%
Income taxes 67/77 €35 €3 -€32 -91.4%
Profit (loss) for the period 9904 €421 €699 +€278 +66.0%
Profit (loss) for the period to be appropriated 9905 €421 €699 +€278 +66.0%

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 29 September 2026 via checked.be.