FLUSSO: 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.
FLUSSO
Largest movements
- Receivables within one year +€65,382
up €65,382 (+140.7%), from €46,461 to €111,843
of which Trade receivables: +€75,300
- Tangible fixed assets -€8,448
down €8,448 (-22.7%), from €37,197 to €28,748
of which Furniture and vehicles: -€4,924
- Cash -€2,103
down €2,103 (-16.1%), from €13,048 to €10,946
mainly Receivables within one year (-€65,382) and Other debts (-€6,565)
- Reserves +€49,645
up €49,645 (+221.6%), from €22,406 to €72,051
- Tax, wage and social debts +€10,076
up €10,076 (+2398.9%), from €420 to €10,496
- Other debts -€6,565
down €6,565 (-10.3%), from €63,854 to €57,289
- Trade debts +€1,674
up €1,674 (+6247.2%), from €27 to €1,701
- Gross operating margin +€42,527
up €42,527 (+116.4%), from €36,525 to €79,052
- Taxes +€12,653
up €12,653 (+286.1%), from €4,423 to €17,076
- Depreciation +€1,405
up €1,405 (+13.9%), from €10,112 to €11,518
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 | €96,706 | €151,537 | +€54,831 | +56.7% |
| Fixed assets | 21/28 | €37,197 | €28,748 | -€8,448 | -22.7% |
| Tangible fixed assets | 22/27 | €37,197 | €28,748 | -€8,448 | -22.7% |
| Plant, machinery and equipment | 23 | €14,365 | €10,841 | -€3,524 | -24.5% |
| Furniture and vehicles | 24 | €22,831 | €17,907 | -€4,924 | -21.6% |
| Current assets | 29/58 | €59,509 | €122,788 | +€63,279 | +106.3% |
| Amounts receivable within one year | 40/41 | €46,461 | €111,843 | +€65,382 | +140.7% |
| Trade receivables | 40 | €35,124 | €110,425 | +€75,300 | +214.4% |
| Other amounts receivable | 41 | €11,337 | €1,418 | -€9,919 | -87.5% |
| Cash at bank and in hand | 54/58 | €13,048 | €10,946 | -€2,103 | -16.1% |
| Total equity and liabilities | 10/49 | €96,706 | €151,537 | +€54,831 | +56.7% |
| Equity | 10/15 | €32,406 | €82,051 | +€49,645 | +153.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €22,406 | €72,051 | +€49,645 | +221.6% |
| Distributable reserves | 133 | €22,406 | €72,051 | +€49,645 | +221.6% |
| Amounts payable | 17/49 | €64,301 | €69,486 | +€5,185 | +8.1% |
| Amounts payable within one year | 42/48 | €64,301 | €69,486 | +€5,185 | +8.1% |
| Trade debts | 44 | €27 | €1,701 | +€1,674 | +6247.2% |
| Suppliers | 440/4 | €27 | €1,701 | +€1,674 | +6247.2% |
| Taxes, remuneration and social security | 45 | €420 | €10,496 | +€10,076 | +2398.9% |
| Taxes | 450/3 | €420 | €10,496 | +€10,076 | +2398.9% |
| Other amounts payable | 47/48 | €63,854 | €57,289 | -€6,565 | -10.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,112 | €11,518 | +€1,405 | +13.9% |
| Other operating charges | 640/8 | €883 | €674 | -€209 | -23.7% |
| Gross operating margin | 9900 | €36,525 | €79,052 | +€42,527 | +116.4% |
| Operating profit (loss) | 9901 | €25,530 | €66,861 | +€41,331 | +161.9% |
| Financial charges | 65/66B | €175 | €140 | -€35 | -20.2% |
| Recurring financial charges | 65 | €175 | €140 | -€35 | -20.2% |
| Profit (loss) for the period before taxes | 9903 | €25,355 | €66,721 | +€41,366 | +163.1% |
| Income taxes | 67/77 | €4,423 | €17,076 | +€12,653 | +286.1% |
| Profit (loss) for the period | 9904 | €20,932 | €49,645 | +€28,713 | +137.2% |
| Profit (loss) for the period to be appropriated | 9905 | €20,932 | €49,645 | +€28,713 | +137.2% |
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 1 October 2026 via checked.be.