Flux50: 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.
Flux50
Largest movements
- Current investments -€458,264
down €458,264 (-48.0%), from €954,180 to €495,916
- Stocks and contracts -€121,957
down €121,957 (-33.2%), from €367,590 to €245,633
- Cash +€120,761
up €120,761 (+68.2%), from €176,985 to €297,746
mainly Current investments (+€458,264) and Stocks and contracts (+€121,957)
- Advances received -€336,739
down €336,739 (-45.1%), from €746,686 to €409,946
- Trade debts -€49,003
down €49,003 (-19.2%), from €254,985 to €205,982
- Accrued charges and deferred income -€31,200
down €31,200 (-17.8%), from €175,300 to €144,100
- Tax, wage and social debts -€27,497
down €27,497 (-14.9%), from €184,477 to €156,980
of which Remuneration and social security: -€26,191
- Staff costs +€73,166
up €73,166 (+5.9%), from €1.2m to €1.3m
- Gross operating margin -€22,719
down €22,719 (-1.7%), from €1.3m to €1.3m
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 | €1,852,752 | €1,408,388 | -€444,364 | -24.0% |
| Fixed assets | 21/28 | €10,521 | €10,292 | -€230 | -2.2% |
| Tangible fixed assets | 22/27 | €10,121 | €9,892 | -€230 | -2.3% |
| Plant, machinery and equipment | 23 | €10,121 | €9,892 | -€230 | -2.3% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €1,842,231 | €1,398,097 | -€444,134 | -24.1% |
| Stocks and contracts in progress | 3 | €367,590 | €245,633 | -€121,957 | -33.2% |
| Stocks | 30/36 | €367,590 | €245,633 | -€121,957 | -33.2% |
| Amounts receivable within one year | 40/41 | €337,435 | €344,466 | +€7,031 | +2.1% |
| Trade receivables | 40 | €331,135 | €315,666 | -€15,469 | -4.7% |
| Other amounts receivable | 41 | €6,300 | €28,800 | +€22,500 | +357.1% |
| Current investments | 50/53 | €954,180 | €495,916 | -€458,264 | -48.0% |
| Cash at bank and in hand | 54/58 | €176,985 | €297,746 | +€120,761 | +68.2% |
| Deferred charges and accrued income | 490/1 | €6,040 | €14,335 | +€8,295 | +137.3% |
| Total equity and liabilities | 10/49 | €1,852,752 | €1,408,388 | -€444,364 | -24.0% |
| Equity | 10/15 | €491,305 | €491,381 | +€76 | 0.0% |
| Profit (loss) carried forward | 14 | €491,305 | €491,381 | +€76 | 0.0% |
| Amounts payable | 17/49 | €1,361,447 | €917,008 | -€444,440 | -32.6% |
| Amounts payable within one year | 42/48 | €1,186,147 | €772,908 | -€413,240 | -34.8% |
| Trade debts | 44 | €254,985 | €205,982 | -€49,003 | -19.2% |
| Suppliers | 440/4 | €254,985 | €205,982 | -€49,003 | -19.2% |
| Advances received on contracts in progress | 46 | €746,686 | €409,946 | -€336,739 | -45.1% |
| Taxes, remuneration and social security | 45 | €184,477 | €156,980 | -€27,497 | -14.9% |
| Taxes | 450/3 | €20,182 | €18,876 | -€1,306 | -6.5% |
| Remuneration and social security | 454/9 | €164,295 | €138,104 | -€26,191 | -15.9% |
| Accrued charges and deferred income | 492/3 | €175,300 | €144,100 | -€31,200 | -17.8% |
| Remuneration, social security and pensions | 62 | €1,248,283 | €1,321,450 | +€73,166 | +5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,462 | €4,962 | +€500 | +11.2% |
| Other operating charges | 640/8 | €20,191 | €11,108 | -€9,083 | -45.0% |
| Gross operating margin | 9900 | €1,348,632 | €1,325,912 | -€22,719 | -1.7% |
| Operating profit (loss) | 9901 | €75,695 | -€11,608 | -€87,303 | |
| Financial income | 75/76B | €10,040 | €12,482 | +€2,443 | +24.3% |
| Recurring financial income | 75 | €10,040 | €12,482 | +€2,443 | +24.3% |
| Financial charges | 65/66B | €1,449 | €798 | -€651 | -44.9% |
| Recurring financial charges | 65 | €1,449 | €798 | -€651 | -44.9% |
| Profit (loss) for the period before taxes | 9903 | €84,285 | €76 | -€84,209 | -99.9% |
| Profit (loss) for the period | 9904 | €84,285 | €76 | -€84,209 | -99.9% |
| Profit (loss) for the period to be appropriated | 9905 | €84,285 | €76 | -€84,209 | -99.9% |
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 11 October 2026 via checked.be.