FLUX: what changed
What changed
FLUX
NACE 46.431, Wholesale of electrical household appliances and audio-video equipment
filed annual accounts (NBB)
Net result for the year
€210,026
2024 · €150,120+€59,906
Equity
€1.1m
2024 · €1.0m+€110,026
Cash
€191,558
2024 · €463,928-€272,371
Balance sheet total
€1.5m
2024 · €1.3m+€248,309
Largest movements
Assets
- Current investments +€550,000
up €550,000 (+367%), from €150,000 to €700,000
- Cash -€272,371
down €272,371 (-58.7%), from €463,928 to €191,558
mainly Current investments (-€550,000) and Contributions, distributions and other (-€100,000)
- Tangible fixed assets -€29,515
down €29,515 (-25.5%), from €115,755 to €86,241
of which Furniture and vehicles: -€27,570
Equity and liabilities
- Reserves +€110,026
up €110,026 (+10.9%), from €1.0m to €1.1m
of which Distributable reserves: +€67,926
- Tax, wage and social debts +€80,075
up €80,075 (+1,735%), from €4,614 to €84,689
of which Taxes: +€79,851
- Other debts +€60,000
up €60,000 (+148%), from €40,532 to €100,532
Income statement
- Gross operating margin +€79,616
up €79,616 (+27.1%), from €294,232 to €373,848
- Depreciation +€15,981
up €15,981 (+97.8%), from €16,334 to €32,315
- Financial income +€4,558
up €4,558 (+87.1%), from €5,236 to €9,795
- Financial charges +€4,349
up €4,349 (+142%), from €3,055 to €7,404
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€150,120
Gross operating margin
+€79,616
Staff costs
-€3,644
Depreciation
-€15,981
Other operating charges
+€195
Financial income
+€4,558
Financial charges
-€4,349
Taxes
-€489
Result 2025
€210,026
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€386,519
Investment
-€558,890
Financing
-€100,000
Cash 2024
€463,928
From operations (derived)
+€386,519
Net result for the year
+€210,026
Depreciation
+€32,315
Stocks and contracts
+€3,715
Receivables within one year
-€9,699
Deferred charges and accrued income
+€11,879
Trade debts
-€1,748
Tax, wage and social debts
+€80,075
Other debts
+€60,000
Accrued charges and deferred income
-€44
Investment (derived)
-€558,890
Investment in fixed assets (net)
-€8,890
Current investments
-€550,000
Financing
-€100,000
Contributions, distributions and other
-€100,000
Cash 2025
€191,558
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,274,911 | €1,523,220 | +€248,309 | +19.5% |
| Fixed assets | 21/28 | €125,059 | €101,634 | -€23,425 | -18.7% |
| Tangible fixed assets | 22/27 | €115,755 | €86,241 | -€29,515 | -25.5% |
| Plant, machinery and equipment | 23 | €3,333 | €1,388 | -€1,945 | -58.3% |
| Furniture and vehicles | 24 | €112,422 | €84,852 | -€27,570 | -24.5% |
| Financial fixed assets | 28 | €9,304 | €15,394 | +€6,090 | +65.5% |
| Current assets | 29/58 | €1,149,852 | €1,421,586 | +€271,734 | +23.6% |
| Stocks and contracts in progress | 3 | €100,536 | €96,821 | -€3,715 | -3.7% |
| Stocks | 30/36 | €100,536 | €96,821 | -€3,715 | -3.7% |
| Amounts receivable within one year | 40/41 | €422,746 | €432,444 | +€9,699 | +2.3% |
| Trade receivables | 40 | €327,350 | €339,640 | +€12,290 | +3.8% |
| Other amounts receivable | 41 | €95,396 | €92,804 | -€2,592 | -2.7% |
| Current investments | 50/53 | €150,000 | €700,000 | +€550,000 | +367% |
| Cash at bank and in hand | 54/58 | €463,928 | €191,558 | -€272,371 | -58.7% |
| Deferred charges and accrued income | 490/1 | €12,642 | €763 | -€11,879 | -94.0% |
| Total equity and liabilities | 10/49 | €1,274,911 | €1,523,220 | +€248,309 | +19.5% |
| Equity | 10/15 | €1,023,838 | €1,133,864 | +€110,026 | +10.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | €12,400 | €12,400 | = | 0.0% |
| Other | 1109/19 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,011,438 | €1,121,464 | +€110,026 | +10.9% |
| Tax-exempt reserves | 132 | €189,450 | €231,550 | +€42,100 | +22.2% |
| Distributable reserves | 133 | €821,988 | €889,914 | +€67,926 | +8.3% |
| Amounts payable | 17/49 | €251,073 | €389,356 | +€138,283 | +55.1% |
| Amounts payable within one year | 42/48 | €250,956 | €389,283 | +€138,327 | +55.1% |
| Trade debts | 44 | €205,810 | €204,062 | -€1,748 | -0.8% |
| Suppliers | 440/4 | €205,810 | €204,062 | -€1,748 | -0.8% |
| Taxes, remuneration and social security | 45 | €4,614 | €84,689 | +€80,075 | +1,735% |
| Taxes | 450/3 | €214 | €80,065 | +€79,851 | +37,268% |
| Remuneration and social security | 454/9 | €4,400 | €4,624 | +€224 | +5.1% |
| Other amounts payable | 47/48 | €40,532 | €100,532 | +€60,000 | +148% |
| Accrued charges and deferred income | 492/3 | €117 | €72 | -€44 | -37.9% |
| Remuneration, social security and pensions | 62 | €89,820 | €93,464 | +€3,644 | +4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,334 | €32,315 | +€15,981 | +97.8% |
| Other operating charges | 640/8 | €3,226 | €3,031 | -€195 | -6.0% |
| Gross operating margin | 9900 | €294,232 | €373,848 | +€79,616 | +27.1% |
| Operating profit (loss) | 9901 | €184,853 | €245,039 | +€60,186 | +32.6% |
| Financial income | 75/76B | €5,236 | €9,795 | +€4,558 | +87.1% |
| Recurring financial income | 75 | €5,236 | €9,795 | +€4,558 | +87.1% |
| Financial charges | 65/66B | €3,055 | €7,404 | +€4,349 | +142% |
| Recurring financial charges | 65 | €3,055 | €7,404 | +€4,349 | +142% |
| Profit (loss) for the period before taxes | 9903 | €187,034 | €247,429 | +€60,395 | +32.3% |
| Income taxes | 67/77 | €36,914 | €37,403 | +€489 | +1.3% |
| Profit (loss) for the period | 9904 | €150,120 | €210,026 | +€59,906 | +39.9% |
| Transfer to tax-exempt reserves | 689 | €49,257 | €42,100 | -€7,157 | -14.5% |
| Profit (loss) for the period to be appropriated | 9905 | €100,863 | €167,926 | +€67,063 | +66.5% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.