Fluxa: 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.
What changed
Fluxa
NACE 42.219, Civil engineering
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€176,195
2024 · €123,102+€53,093
Equity
€534,506
2024 · €358,311+€176,195
Cash
€101,196
2024 · €91,120+€10,076
Balance sheet total
€2.1m
2024 · €1.4m+€628,740
Largest movements
Assets
- Receivables within one year +€635,272
up €635,272 (+76.2%), from €833,665 to €1.5m
of which Trade receivables: +€674,446
- Stocks and contracts +€33,638
up €33,638 (+20.9%), from €161,305 to €194,943
- Current investments -€29,359
down €29,359 (-83.9%), from €35,000 to €5,641
Equity and liabilities
- Trade debts +€315,045
up €315,045 (+40.3%), from €782,569 to €1.1m
- Reserves +€176,195
up €176,195 (+52.1%), from €338,311 to €514,506
- Short-term financial debts +€123,842
up €123,842 (+342.5%), from €36,158 to €160,000
- Current portion of long-term debt +€83,325
up €83,325 (+164.2%), from €50,746 to €134,071
- Tax, wage and social debts -€46,785
down €46,785 (-52.9%), from €88,405 to €41,620
of which Taxes: -€43,922
Income statement
- Staff costs -€293,331
down €293,331 (-30.4%), from €966,052 to €672,721
- Gross operating margin -€204,093
down €204,093 (-16.7%), from €1.2m to €1.0m
- Taxes +€16,546
up €16,546 (+40.2%), from €41,187 to €57,733
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.
Result 2024
€123,102
Gross operating margin
-€204,093
Staff costs
+€293,331
Depreciation
-€6,109
Write-downs
-€9,111
Other operating charges
+€2,440
Financial income
-€4,164
Financial charges
-€2,654
Taxes
-€16,546
Result 2025
€176,195
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.
From operations
-€165,505
Investment
-€26,564
Financing
+€202,145
Cash 2024
€91,120
From operations (derived)
-€165,505
Net result for the year
+€176,195
Depreciation
+€75,391
Stocks and contracts
-€33,638
Receivables within one year
-€635,272
Deferred charges and accrued income
+€1,419
Trade debts
+€315,045
Tax, wage and social debts
-€46,785
Other debts
-€22,261
Accrued charges and deferred income
+€4,402
Investment (derived)
-€26,564
Investment in fixed assets (net)
-€55,924
Current investments
+€29,359
Financing
+€202,145
Debts after one year
-€5,022
Current portion of long-term debt
+€83,325
Short-term financial debts
+€123,842
Cash 2025
€101,196
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,434,058 | €2,062,798 | +€628,740 | +43.8% |
| Fixed assets | 21/28 | €283,872 | €264,405 | -€19,468 | -6.9% |
| Intangible fixed assets | 21 | €9,207 | €6,065 | -€3,141 | -34.1% |
| Tangible fixed assets | 22/27 | €244,019 | €227,693 | -€16,326 | -6.7% |
| Plant, machinery and equipment | 23 | €62,513 | €43,067 | -€19,445 | -31.1% |
| Furniture and vehicles | 24 | €103,789 | €104,500 | +€711 | +0.7% |
| Leasing and similar rights | 25 | €64,385 | €42,589 | -€21,796 | -33.9% |
| Other tangible fixed assets | 26 | €13,332 | €37,536 | +€24,204 | +181.5% |
| Financial fixed assets | 28 | €30,647 | €30,647 | = | 0.0% |
| Current assets | 29/58 | €1,150,186 | €1,798,394 | +€648,208 | +56.4% |
| Amounts receivable after more than one year | 29 | €8,025 | €8,025 | = | 0.0% |
| Trade receivables | 290 | €8,025 | - | -€8,025 | |
| Other amounts receivable | 291 | - | €8,025 | +€8,025 | |
| Stocks and contracts in progress | 3 | €161,305 | €194,943 | +€33,638 | +20.9% |
| Stocks | 30/36 | €161,305 | €194,943 | +€33,638 | +20.9% |
| Amounts receivable within one year | 40/41 | €833,665 | €1,468,936 | +€635,272 | +76.2% |
| Trade receivables | 40 | €790,042 | €1,464,488 | +€674,446 | +85.4% |
| Other amounts receivable | 41 | €43,623 | €4,448 | -€39,175 | -89.8% |
| Current investments | 50/53 | €35,000 | €5,641 | -€29,359 | -83.9% |
| Cash at bank and in hand | 54/58 | €91,120 | €101,196 | +€10,076 | +11.1% |
| Deferred charges and accrued income | 490/1 | €21,071 | €19,653 | -€1,419 | -6.7% |
| Total equity and liabilities | 10/49 | €1,434,058 | €2,062,798 | +€628,740 | +43.8% |
| Equity | 10/15 | €358,311 | €534,506 | +€176,195 | +49.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €338,311 | €514,506 | +€176,195 | +52.1% |
| Distributable reserves | 133 | €338,311 | €514,506 | +€176,195 | +52.1% |
| Amounts payable | 17/49 | €1,075,748 | €1,528,292 | +€452,545 | +42.1% |
| Amounts payable after more than one year | 17 | €95,607 | €90,585 | -€5,022 | -5.3% |
| Financial debts | 170/4 | €95,607 | €90,585 | -€5,022 | -5.3% |
| Amounts payable within one year | 42/48 | €980,140 | €1,433,306 | +€453,165 | +46.2% |
| Current portion of amounts payable after more than one year | 42 | €50,746 | €134,071 | +€83,325 | +164.2% |
| Financial debts | 43 | €36,158 | €160,000 | +€123,842 | +342.5% |
| Credit institutions | 430/8 | €36,158 | €160,000 | +€123,842 | +342.5% |
| Trade debts | 44 | €782,569 | €1,097,614 | +€315,045 | +40.3% |
| Suppliers | 440/4 | €782,569 | €1,097,614 | +€315,045 | +40.3% |
| Taxes, remuneration and social security | 45 | €88,405 | €41,620 | -€46,785 | -52.9% |
| Taxes | 450/3 | €45,876 | €1,954 | -€43,922 | -95.7% |
| Remuneration and social security | 454/9 | €42,529 | €39,666 | -€2,863 | -6.7% |
| Other amounts payable | 47/48 | €22,261 | - | -€22,261 | |
| Accrued charges and deferred income | 492/3 | - | €4,402 | +€4,402 | |
| Remuneration, social security and pensions | 62 | €966,052 | €672,721 | -€293,331 | -30.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69,282 | €75,391 | +€6,109 | +8.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €9,111 | +€9,111 | |
| Other operating charges | 640/8 | €13,227 | €10,787 | -€2,440 | -18.4% |
| Gross operating margin | 9900 | €1,220,065 | €1,015,972 | -€204,093 | -16.7% |
| Operating profit (loss) | 9901 | €171,505 | €247,962 | +€76,457 | +44.6% |
| Financial income | 75/76B | €4,888 | €724 | -€4,164 | -85.2% |
| Recurring financial income | 75 | €4,888 | €724 | -€4,164 | -85.2% |
| Financial charges | 65/66B | €12,103 | €14,757 | +€2,654 | +21.9% |
| Recurring financial charges | 65 | €12,103 | €14,757 | +€2,654 | +21.9% |
| Profit (loss) for the period before taxes | 9903 | €164,289 | €233,929 | +€69,640 | +42.4% |
| Income taxes | 67/77 | €41,187 | €57,733 | +€16,546 | +40.2% |
| Profit (loss) for the period | 9904 | €123,102 | €176,195 | +€53,093 | +43.1% |
| Profit (loss) for the period to be appropriated | 9905 | €123,102 | €176,195 | +€53,093 | +43.1% |
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.