FLUSH: 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.
FLUSH
Largest movements
- Cash -€13,711
down €13,711 (-74.9%), from €18,294 to €4,583
mainly Trade debts (-€26,527) and Net result for the year (-€534)
- Tangible fixed assets -€11,300
down €11,300 (-28.8%), from €39,267 to €27,967
- Receivables within one year -€1,286
down €1,286 (-21.9%), from €5,873 to €4,587
of which Other amounts receivable: -€1,953
- Trade debts -€26,527
down €26,527 (-50.6%), from €52,427 to €25,900
- Tax, wage and social debts +€1,022
up €1,022 (+158.7%), from €644 to €1,666
- Depreciation +€4,309
up €4,309 (+61.6%), from €6,991 to €11,300
- Gross operating margin +€3,756
up €3,756 (+31.9%), from €11,776 to €15,532
- Financial charges +€1,542
up €1,542 (+59.4%), from €2,595 to €4,137
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 | €63,434 | €37,395 | -€26,039 | -41.0% |
| Fixed assets | 21/28 | €39,267 | €27,967 | -€11,300 | -28.8% |
| Tangible fixed assets | 22/27 | €39,267 | €27,967 | -€11,300 | -28.8% |
| Plant, machinery and equipment | 23 | €39,267 | €27,967 | -€11,300 | -28.8% |
| Current assets | 29/58 | €24,167 | €9,428 | -€14,739 | -61.0% |
| Amounts receivable within one year | 40/41 | €5,873 | €4,587 | -€1,286 | -21.9% |
| Trade receivables | 40 | €3,920 | €4,587 | +€667 | +17.0% |
| Other amounts receivable | 41 | €1,953 | - | -€1,953 | |
| Cash at bank and in hand | 54/58 | €18,294 | €4,583 | -€13,711 | -74.9% |
| Deferred charges and accrued income | 490/1 | - | €258 | +€258 | |
| Total equity and liabilities | 10/49 | €63,434 | €37,395 | -€26,039 | -41.0% |
| Equity | 10/15 | €10,363 | €9,829 | -€534 | -5.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €5,285 | €5,285 | = | 0.0% |
| Distributable reserves | 133 | €5,285 | €5,285 | = | 0.0% |
| Profit (loss) carried forward | 14 | €78 | -€456 | -€534 | |
| Amounts payable | 17/49 | €53,071 | €27,566 | -€25,505 | -48.1% |
| Amounts payable within one year | 42/48 | €53,071 | €27,566 | -€25,505 | -48.1% |
| Trade debts | 44 | €52,427 | €25,900 | -€26,527 | -50.6% |
| Suppliers | 440/4 | €52,427 | €25,900 | -€26,527 | -50.6% |
| Taxes, remuneration and social security | 45 | €644 | €1,666 | +€1,022 | +158.7% |
| Taxes | 450/3 | €644 | €1,666 | +€1,022 | +158.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,991 | €11,300 | +€4,309 | +61.6% |
| Other operating charges | 640/8 | €505 | €610 | +€105 | +20.8% |
| Gross operating margin | 9900 | €11,776 | €15,532 | +€3,756 | +31.9% |
| Operating profit (loss) | 9901 | €4,280 | €3,622 | -€658 | -15.4% |
| Financial charges | 65/66B | €2,595 | €4,137 | +€1,542 | +59.4% |
| Recurring financial charges | 65 | €2,595 | €4,137 | +€1,542 | +59.4% |
| Profit (loss) for the period before taxes | 9903 | €1,685 | -€515 | -€2,200 | |
| Income taxes | 67/77 | - | €19 | +€19 | |
| Profit (loss) for the period | 9904 | €1,685 | -€534 | -€2,219 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,685 | -€534 | -€2,219 |
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 6 October 2026 via checked.be.