Fluxys c-grid: 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.
Fluxys c-grid
Largest movements
- Deferred charges and accrued income +€2.9m
up €2.9m (+34,365%), from €8,440 to €2.9m
- Cash +€2.6m
up €2.6m (+86.0%), from €3.1m to €5.7m
- Receivables within one year +€2.0m
up €2.0m (+993%), from €204,769 to €2.2m
of which Trade receivables: +€1.8m
- Receivables after one year +€295,754
new in 2025: €295,754
- Contributions +€7.0m
up €7.0m (+100%), from €7.0m to €14.0m
- Accrued charges and deferred income +€591,508
new in 2025: €591,508
- Trade debts +€286,915
up €286,915 (+362%), from €79,270 to €366,185
- Gross operating margin +€3.7m
up €3.7m (+98.3%), from -€3.8m to -€65,645
- Turnover +€2.9m
new in 2025: €2.9m
- Purchases and services -€838,073
down €838,073 (-22.1%), from €3.8m to €3.0m
- Financial income +€50,868
up €50,868 (+331%), from €15,367 to €66,235
From the 2024 result to the 2025 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,292,957 | €11,171,380 | +€7.9m | +239% |
| Current assets | 29/58 | €3,292,957 | €11,171,380 | +€7.9m | +239% |
| Amounts receivable after more than one year | 29 | - | €295,754 | +€295,754 | |
| Other amounts receivable | 291 | - | €295,754 | +€295,754 | |
| Amounts receivable within one year | 40/41 | €204,769 | €2,238,242 | +€2.0m | +993% |
| Trade receivables | 40 | - | €1,824,448 | +€1.8m | |
| Other amounts receivable | 41 | €204,769 | €413,794 | +€209,025 | +102% |
| Cash at bank and in hand | 54/58 | €3,079,748 | €5,728,559 | +€2.6m | +86.0% |
| Deferred charges and accrued income | 490/1 | €8,440 | €2,908,825 | +€2.9m | +34,365% |
| Total equity and liabilities | 10/49 | €3,292,957 | €11,171,380 | +€7.9m | +239% |
| Equity | 10/15 | €3,213,687 | €10,213,687 | +€7.0m | +218% |
| Contributions | 10/11 | €7,000,000 | €14,000,000 | +€7.0m | +100% |
| Capital | 10 | €7,000,000 | €14,000,000 | +€7.0m | +100% |
| Issued capital | 100 | €14,000,000 | €14,000,000 | = | 0.0% |
| Uncalled capital | 101 | €7,000,000 | - | -€7.0m | |
| Profit (loss) carried forward | 14 | -€3,786,313 | -€3,786,313 | = | 0.0% |
| Amounts payable | 17/49 | €79,270 | €957,693 | +€878,423 | +1,108% |
| Amounts payable within one year | 42/48 | €79,270 | €366,185 | +€286,915 | +362% |
| Trade debts | 44 | €79,270 | €366,185 | +€286,915 | +362% |
| Suppliers | 440/4 | €79,270 | €366,185 | +€286,915 | +362% |
| Accrued charges and deferred income | 492/3 | - | €591,508 | +€591,508 | |
| Turnover | 70 | - | €2,897,025 | +€2.9m | |
| Goods, raw materials, services and sundry goods | 60/61 | €3,800,743 | €2,962,670 | -€838,073 | -22.1% |
| Gross operating margin | 9900 | -€3,800,743 | -€65,645 | +€3.7m | +98.3% |
| Operating profit (loss) | 9901 | -€3,800,743 | -€65,645 | +€3.7m | +98.3% |
| Financial income | 75/76B | €15,367 | €66,235 | +€50,868 | +331% |
| Recurring financial income | 75 | €15,367 | €66,235 | +€50,868 | +331% |
| Financial charges | 65/66B | €937 | €590 | -€347 | -37.0% |
| Recurring financial charges | 65 | €937 | €590 | -€347 | -37.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,786,313 | - | +€3.8m | |
| Profit (loss) for the period | 9904 | -€3,786,313 | - | +€3.8m | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,786,313 | - | +€3.8m |
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 25 October 2026 via checked.be.