Fluxer: 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.
Fluxer
Largest movements
- Stocks and contracts +€615,592
up €615,592 (+48.3%), from €1.3m to €1.9m
- Cash -€262,133
down €262,133 (-21.3%), from €1.2m to €970,503
mainly Contributions, distributions and other (-€825,000) and Stocks and contracts (-€615,592)
- Receivables within one year -€115,499
down €115,499 (-9.1%), from €1.3m to €1.1m
of which Trade receivables: -€98,025
- Reserves +€97,358
up €97,358 (+4.0%), from €2.4m to €2.5m
- Other debts +€63,212
up €63,212 (+11.0%), from €576,875 to €640,087
- Trade debts +€56,917
up €56,917 (+10.5%), from €543,183 to €600,100
- Gross operating margin -€560,725
down €560,725 (-26.0%), from €2.2m to €1.6m
- Taxes -€164,946
down €164,946 (-48.0%), from €343,288 to €178,342
- Financial income -€66,735
down €66,735 (-90.2%), from €74,027 to €7,291
- Write-downs +€61,458
up €61,458, from -€60,018 to €1,440
- Staff costs +€45,907
up €45,907 (+11.5%), from €400,000 to €445,908
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.
Derived cash bridge
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 | €3,829,964 | €4,035,533 | +€205,569 | +5.4% |
| Fixed assets | 21/28 | €32,275 | €19,721 | -€12,554 | -38.9% |
| Intangible fixed assets | 21 | €8,916 | €4,953 | -€3,963 | -44.4% |
| Tangible fixed assets | 22/27 | €23,359 | €14,768 | -€8,591 | -36.8% |
| Land and buildings | 22 | €2,736 | €1,894 | -€842 | -30.8% |
| Plant, machinery and equipment | 23 | €15,782 | €10,437 | -€5,345 | -33.9% |
| Furniture and vehicles | 24 | €4,841 | €2,436 | -€2,405 | -49.7% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Current assets | 29/58 | €3,797,689 | €4,015,812 | +€218,123 | +5.7% |
| Stocks and contracts in progress | 3 | €1,274,135 | €1,889,727 | +€615,592 | +48.3% |
| Stocks | 30/36 | €1,274,135 | €1,889,727 | +€615,592 | +48.3% |
| Amounts receivable within one year | 40/41 | €1,263,710 | €1,148,211 | -€115,499 | -9.1% |
| Trade receivables | 40 | €1,244,040 | €1,146,015 | -€98,025 | -7.9% |
| Other amounts receivable | 41 | €19,670 | €2,196 | -€17,474 | -88.8% |
| Cash at bank and in hand | 54/58 | €1,232,636 | €970,503 | -€262,133 | -21.3% |
| Deferred charges and accrued income | 490/1 | €27,208 | €7,372 | -€19,837 | -72.9% |
| Total equity and liabilities | 10/49 | €3,829,964 | €4,035,533 | +€205,569 | +5.4% |
| Equity | 10/15 | €2,589,688 | €2,687,046 | +€97,358 | +3.8% |
| Contributions | 10/11 | €175,000 | €175,000 | = | 0.0% |
| Reserves | 13 | €2,414,688 | €2,512,046 | +€97,358 | +4.0% |
| Distributable reserves | 133 | €2,414,688 | €2,512,046 | +€97,358 | +4.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,240,276 | €1,348,487 | +€108,211 | +8.7% |
| Amounts payable within one year | 42/48 | €1,227,676 | €1,340,913 | +€113,237 | +9.2% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €543,183 | €600,100 | +€56,917 | +10.5% |
| Suppliers | 440/4 | €543,183 | €600,100 | +€56,917 | +10.5% |
| Taxes, remuneration and social security | 45 | €107,618 | €100,726 | -€6,892 | -6.4% |
| Taxes | 450/3 | €58,350 | €36,882 | -€21,469 | -36.8% |
| Remuneration and social security | 454/9 | €49,267 | €63,845 | +€14,577 | +29.6% |
| Other amounts payable | 47/48 | €576,875 | €640,087 | +€63,212 | +11.0% |
| Accrued charges and deferred income | 492/3 | €12,600 | €7,574 | -€5,026 | -39.9% |
| Remuneration, social security and pensions | 62 | €400,000 | €445,908 | +€45,907 | +11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,262 | €12,554 | -€5,708 | -31.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€60,018 | €1,440 | +€61,458 | |
| Other operating charges | 640/8 | €7,772 | €15,651 | +€7,878 | +101% |
| Non-recurring operating charges | 66A | €5,163 | €0 | -€5,163 | -100% |
| Gross operating margin | 9900 | €2,157,056 | €1,596,331 | -€560,725 | -26.0% |
| Operating profit (loss) | 9901 | €1,785,876 | €1,120,779 | -€665,096 | -37.2% |
| Financial income | 75/76B | €74,027 | €7,291 | -€66,735 | -90.2% |
| Recurring financial income | 75 | €74,027 | €7,291 | -€66,735 | -90.2% |
| Financial charges | 65/66B | €35,910 | €27,370 | -€8,540 | -23.8% |
| Recurring financial charges | 65 | €35,910 | €27,370 | -€8,540 | -23.8% |
| Profit (loss) for the period before taxes | 9903 | €1,823,993 | €1,100,701 | -€723,292 | -39.7% |
| Income taxes | 67/77 | €343,288 | €178,342 | -€164,946 | -48.0% |
| Profit (loss) for the period | 9904 | €1,480,704 | €922,358 | -€558,346 | -37.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,480,704 | €922,358 | -€558,346 | -37.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.