Flüssig: 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.
Flüssig
Largest movements
- Receivables within one year -€15,733
down €15,733 (-21.5%), from €73,028 to €57,295
of which Trade receivables: -€22,822
- Cash -€11,512
down €11,512 (-71.0%), from €16,219 to €4,707
mainly Net result for the year (-€27,748) and Tax, wage and social debts (-€6,504)
- Tangible fixed assets -€3,866
down €3,866 (-32.4%), from €11,949 to €8,083
- Deferred charges and accrued income -€2,307
down €2,307 (-77.8%), from €2,964 to €658
- Intangible fixed assets -€1,170
down €1,170 (-50.1%), from €2,338 to €1,167
- Profit (loss) carried forward -€27,748
new in 2025: -€27,748
- Tax, wage and social debts -€6,504
down €6,504 (-68.1%), from €9,543 to €3,040
- Trade debts +€3,814
up €3,814 (+76.0%), from €5,021 to €8,835
- Short-term financial debts -€3,158
down €3,158 (-56.2%), from €5,618 to €2,461
of which Credit institutions: -€3,090
- Gross operating margin -€50,519
down €50,519, from €27,726 to -€22,793
- Taxes -€6,212
down €6,212 (-99.2%), from €6,261 to €49
- Financial charges +€526
up €526 (+110.5%), from €476 to €1,001
- Financial income -€358
down €358 (-12.7%), from €2,829 to €2,471
- Depreciation -€283
down €283 (-5.3%), from €5,319 to €5,036
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 | €116,715 | €82,279 | -€34,436 | -29.5% |
| Fixed assets | 21/28 | €14,287 | €9,250 | -€5,036 | -35.3% |
| Intangible fixed assets | 21 | €2,338 | €1,167 | -€1,170 | -50.1% |
| Tangible fixed assets | 22/27 | €11,949 | €8,083 | -€3,866 | -32.4% |
| Land and buildings | 22 | €7,298 | €5,525 | -€1,773 | -24.3% |
| Plant, machinery and equipment | 23 | €2,066 | €1,586 | -€480 | -23.2% |
| Furniture and vehicles | 24 | €2,585 | €972 | -€1,613 | -62.4% |
| Current assets | 29/58 | €102,428 | €73,029 | -€29,400 | -28.7% |
| Amounts receivable after more than one year | 29 | €10,150 | €10,302 | +€152 | +1.5% |
| Other amounts receivable | 291 | €10,150 | €10,302 | +€152 | +1.5% |
| Amounts receivable within one year | 40/41 | €73,028 | €57,295 | -€15,733 | -21.5% |
| Trade receivables | 40 | €32,302 | €9,480 | -€22,822 | -70.7% |
| Other amounts receivable | 41 | €40,726 | €47,815 | +€7,090 | +17.4% |
| Current investments | 50/53 | €67 | €67 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €16,219 | €4,707 | -€11,512 | -71.0% |
| Deferred charges and accrued income | 490/1 | €2,964 | €658 | -€2,307 | -77.8% |
| Total equity and liabilities | 10/49 | €116,715 | €82,279 | -€34,436 | -29.5% |
| Equity | 10/15 | €95,692 | €67,944 | -€27,748 | -29.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €89,492 | €89,492 | = | 0.0% |
| Distributable reserves | 133 | €89,492 | €89,492 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€27,748 | -€27,748 | |
| Amounts payable | 17/49 | €21,023 | €14,335 | -€6,688 | -31.8% |
| Amounts payable within one year | 42/48 | €21,023 | €14,335 | -€6,688 | -31.8% |
| Financial debts | 43 | €5,618 | €2,461 | -€3,158 | -56.2% |
| Credit institutions | 430/8 | €3,090 | €0 | -€3,090 | -100.0% |
| Other loans | 439 | €2,528 | €2,461 | -€67 | -2.7% |
| Trade debts | 44 | €5,021 | €8,835 | +€3,814 | +76.0% |
| Suppliers | 440/4 | €5,021 | €8,835 | +€3,814 | +76.0% |
| Taxes, remuneration and social security | 45 | €9,543 | €3,040 | -€6,504 | -68.1% |
| Taxes | 450/3 | €9,543 | €3,040 | -€6,504 | -68.1% |
| Other amounts payable | 47/48 | €841 | €0 | -€841 | -100.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,319 | €5,036 | -€283 | -5.3% |
| Other operating charges | 640/8 | €1,103 | €1,339 | +€236 | +21.4% |
| Gross operating margin | 9900 | €27,726 | -€22,793 | -€50,519 | |
| Operating profit (loss) | 9901 | €21,304 | -€29,168 | -€50,472 | |
| Financial income | 75/76B | €2,829 | €2,471 | -€358 | -12.7% |
| Recurring financial income | 75 | €2,829 | €2,471 | -€358 | -12.7% |
| Financial charges | 65/66B | €476 | €1,001 | +€526 | +110.5% |
| Recurring financial charges | 65 | €476 | €1,001 | +€526 | +110.5% |
| Profit (loss) for the period before taxes | 9903 | €23,658 | -€27,699 | -€51,357 | |
| Income taxes | 67/77 | €6,261 | €49 | -€6,212 | -99.2% |
| Profit (loss) for the period | 9904 | €17,396 | -€27,748 | -€45,144 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,396 | -€27,748 | -€45,144 |
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.