FLUTTERIS: 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.
FLUTTERIS
Largest movements
- Cash -€32,112
down €32,112 (-17.0%), from €189,331 to €157,219
mainly Net result for the year (-€42,133) and Investment in fixed assets (net) (-€4,710)
- Receivables within one year -€13,793
down €13,793 (-41.5%), from €33,242 to €19,449
of which Trade receivables: -€13,514
- Reserves -€42,133
down €42,133 (-22.3%), from €189,091 to €146,958
of which Distributable reserves: -€42,133
- Other debts -€2,619
down €2,619 (-13.1%), from €20,052 to €17,433
- Gross operating margin +€12,218
up €12,218 (+24.6%), from -€49,718 to -€37,500
- Depreciation -€1,238
down €1,238 (-33.4%), from €3,708 to €2,470
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 | €230,428 | €184,852 | -€45,576 | -19.8% |
| Fixed assets | 21/28 | €5,944 | €8,184 | +€2,240 | +37.7% |
| Tangible fixed assets | 22/27 | €2,598 | €4,838 | +€2,240 | +86.2% |
| Furniture and vehicles | 24 | €1,608 | €4,013 | +€2,405 | +149.5% |
| Other tangible fixed assets | 26 | €989 | €824 | -€165 | -16.7% |
| Financial fixed assets | 28 | €3,347 | €3,347 | = | 0.0% |
| Current assets | 29/58 | €224,483 | €176,667 | -€47,816 | -21.3% |
| Amounts receivable within one year | 40/41 | €33,242 | €19,449 | -€13,793 | -41.5% |
| Trade receivables | 40 | €32,127 | €18,613 | -€13,514 | -42.1% |
| Other amounts receivable | 41 | €1,115 | €836 | -€279 | -25.1% |
| Cash at bank and in hand | 54/58 | €189,331 | €157,219 | -€32,112 | -17.0% |
| Deferred charges and accrued income | 490/1 | €1,910 | - | -€1,910 | |
| Total equity and liabilities | 10/49 | €230,428 | €184,852 | -€45,576 | -19.8% |
| Equity | 10/15 | €209,551 | €167,418 | -€42,133 | -20.1% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €189,091 | €146,958 | -€42,133 | -22.3% |
| Tax-exempt reserves | 132 | €20,831 | €20,831 | = | 0.0% |
| Distributable reserves | 133 | €168,261 | €126,128 | -€42,133 | -25.0% |
| Amounts payable | 17/49 | €20,876 | €17,433 | -€3,443 | -16.5% |
| Amounts payable within one year | 42/48 | €20,876 | €17,433 | -€3,443 | -16.5% |
| Trade debts | 44 | €624 | - | -€624 | |
| Suppliers | 440/4 | €624 | - | -€624 | |
| Taxes, remuneration and social security | 45 | €199 | - | -€199 | |
| Taxes | 450/3 | €199 | - | -€199 | |
| Other amounts payable | 47/48 | €20,052 | €17,433 | -€2,619 | -13.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,708 | €2,470 | -€1,238 | -33.4% |
| Other operating charges | 640/8 | €817 | €761 | -€55 | -6.8% |
| Gross operating margin | 9900 | -€49,718 | -€37,500 | +€12,218 | +24.6% |
| Operating profit (loss) | 9901 | -€54,243 | -€40,732 | +€13,511 | +24.9% |
| Financial income | 75/76B | €3 | €20 | +€17 | +622.0% |
| Recurring financial income | 75 | €3 | €20 | +€17 | +622.0% |
| Financial charges | 65/66B | €1,492 | €1,176 | -€316 | -21.2% |
| Recurring financial charges | 65 | €1,492 | €1,176 | -€316 | -21.2% |
| Profit (loss) for the period before taxes | 9903 | -€55,732 | -€41,887 | +€13,845 | +24.8% |
| Income taxes | 67/77 | €199 | €246 | +€46 | +23.2% |
| Profit (loss) for the period | 9904 | -€55,931 | -€42,133 | +€13,798 | +24.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€55,931 | -€42,133 | +€13,798 | +24.7% |
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 7 October 2026 via checked.be.