FLUSH RENTAL: 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.
FLUSH RENTAL
Largest movements
- Tangible fixed assets +€57,411
up €57,411 (+33.5%), from €171,334 to €228,745
of which Plant, machinery and equipment: +€46,674
- Cash +€13,026
up €13,026 (+37.9%), from €34,397 to €47,423
mainly Net result for the year (+€67,546) and Depreciation (+€48,750)
- Receivables within one year +€8,024
up €8,024 (+39.7%), from €20,230 to €28,254
of which Trade receivables: +€5,425
- Financial fixed assets +€4,900
up €4,900 (+445%), from €1,100 to €6,000
- Reserves +€66,713
up €66,713 (+105%), from €63,581 to €130,294
- Current portion of long-term debt +€11,117
up €11,117 (+25.0%), from €44,493 to €55,611
- Debts after one year +€10,646
up €10,646 (+12.5%), from €85,332 to €95,978
- Gross operating margin +€37,833
up €37,833 (+35.3%), from €107,310 to €145,142
- Depreciation +€25,266
up €25,266 (+108%), from €23,484 to €48,750
- Taxes +€7,401
up €7,401 (+51.9%), from €14,269 to €21,670
- Financial charges +€2,311
up €2,311 (+61.3%), from €3,769 to €6,080
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.
Derived cash bridge
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 | €229,836 | €314,747 | +€84,911 | +36.9% |
| Fixed assets | 21/28 | €172,434 | €235,733 | +€63,299 | +36.7% |
| Intangible fixed assets | 21 | - | €988 | +€988 | |
| Tangible fixed assets | 22/27 | €171,334 | €228,745 | +€57,411 | +33.5% |
| Plant, machinery and equipment | 23 | €151,425 | €198,099 | +€46,674 | +30.8% |
| Furniture and vehicles | 24 | €19,910 | €30,646 | +€10,736 | +53.9% |
| Financial fixed assets | 28 | €1,100 | €6,000 | +€4,900 | +445% |
| Current assets | 29/58 | €57,402 | €79,014 | +€21,612 | +37.7% |
| Amounts receivable within one year | 40/41 | €20,230 | €28,254 | +€8,024 | +39.7% |
| Trade receivables | 40 | €19,498 | €24,924 | +€5,425 | +27.8% |
| Other amounts receivable | 41 | €731 | €3,330 | +€2,599 | +355% |
| Cash at bank and in hand | 54/58 | €34,397 | €47,423 | +€13,026 | +37.9% |
| Deferred charges and accrued income | 490/1 | €2,775 | €3,337 | +€562 | +20.3% |
| Total equity and liabilities | 10/49 | €229,836 | €314,747 | +€84,911 | +36.9% |
| Equity | 10/15 | €66,081 | €132,794 | +€66,713 | +101% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €63,581 | €130,294 | +€66,713 | +105% |
| Distributable reserves | 133 | €63,581 | €130,294 | +€66,713 | +105% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €163,755 | €181,953 | +€18,198 | +11.1% |
| Amounts payable after more than one year | 17 | €85,332 | €95,978 | +€10,646 | +12.5% |
| Financial debts | 170/4 | €85,332 | €95,978 | +€10,646 | +12.5% |
| Amounts payable within one year | 42/48 | €78,423 | €84,669 | +€6,246 | +8.0% |
| Current portion of amounts payable after more than one year | 42 | €44,493 | €55,611 | +€11,117 | +25.0% |
| Trade debts | 44 | €7,538 | €6,803 | -€735 | -9.7% |
| Suppliers | 440/4 | €7,538 | €6,803 | -€735 | -9.7% |
| Taxes, remuneration and social security | 45 | €5,921 | €3,031 | -€2,889 | -48.8% |
| Taxes | 450/3 | €5,921 | €3,031 | -€2,889 | -48.8% |
| Other amounts payable | 47/48 | €20,472 | €19,224 | -€1,248 | -6.1% |
| Accrued charges and deferred income | 492/3 | - | €1,306 | +€1,306 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,484 | €48,750 | +€25,266 | +108% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,014 | €645 | -€369 | -36.4% |
| Other operating charges | 640/8 | €2,014 | €2,279 | +€265 | +13.2% |
| Gross operating margin | 9900 | €107,310 | €145,142 | +€37,833 | +35.3% |
| Operating profit (loss) | 9901 | €80,797 | €93,468 | +€12,670 | +15.7% |
| Financial income | 75/76B | €822 | €1,828 | +€1,006 | +122% |
| Recurring financial income | 75 | €822 | €1,828 | +€1,006 | +122% |
| Financial charges | 65/66B | €3,769 | €6,080 | +€2,311 | +61.3% |
| Recurring financial charges | 65 | €3,769 | €6,080 | +€2,311 | +61.3% |
| Profit (loss) for the period before taxes | 9903 | €77,850 | €89,215 | +€11,366 | +14.6% |
| Income taxes | 67/77 | €14,269 | €21,670 | +€7,401 | +51.9% |
| Profit (loss) for the period | 9904 | €63,581 | €67,546 | +€3,965 | +6.2% |
| Profit (loss) for the period to be appropriated | 9905 | €63,581 | €67,546 | +€3,965 | +6.2% |
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 16 October 2026 via checked.be.