IFLOW GROUPE: what changed
What changed
IFLOW GROUPE
NACE 43.222, Installation of electric heating, air conditioning, cooling and ventilation
filed annual accounts (NBB)
Net result for the year
€27,228
2024 · -€4+€27,232
Equity
€112,223
2024 · €84,996+€27,228
Cash
€998
2024 · €3,182-€2,184
Balance sheet total
€1.2m
2024 · €84,996+€1.1m
Largest movements
Assets
- Receivables within one year +€1.1m
up €1.1m (+1,349%), from €81,814 to €1.2m
of which Trade receivables: +€702,137
- Tangible fixed assets +€33,819
new in 2025: €33,819
of which Furniture and vehicles: +€29,317
Equity and liabilities
- Debts after one year +€475,000
new in 2025: €475,000
- Trade debts +€356,508
new in 2025: €356,508
- Other debts +€96,186
new in 2025: €96,186
- Tax, wage and social debts +€95,749
new in 2025: €95,749
of which Taxes: +€62,789
- Short-term financial debts +€89,155
new in 2025: €89,155
Income statement
- Turnover +€2.2m
new in 2025: €2.2m
- Purchases and services +€1.9m
new in 2025: €1.9m
- Gross operating margin +€311,347
new in 2025: €311,347
- Staff costs +€261,713
new in 2025: €261,713
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
-€4
Turnover
+€2.2m
Purchases and services
-€1.9m
Staff costs
-€261,713
Depreciation
-€8,767
Other operating charges
-€955
Financial income
+€876
Financial charges
-€1,824
Taxes
-€11,734
Not broken down
+€36,040
Result 2025
€27,228
raises the resultlowers the resultnot broken down further in the accounts
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
-€519,234
Investment
-€47,105
Financing
+€564,155
Cash 2024
€3,182
From operations (derived)
-€519,234
Net result for the year
+€27,228
Depreciation
+€8,767
Receivables within one year
-€1.1m
Deferred charges and accrued income
-€262
Trade debts
+€356,508
Tax, wage and social debts
+€95,749
Other debts
+€96,186
Investment (derived)
-€47,105
Investment in fixed assets (net)
-€47,105
Financing
+€564,155
Debts after one year
+€475,000
Short-term financial debts
+€89,155
Cash 2025
€998
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €84,996 | €1,224,821 | +€1.1m | +1,341% |
| Fixed assets | 21/28 | - | €38,339 | +€38,339 | |
| Intangible fixed assets | 21 | - | €4,519 | +€4,519 | |
| Tangible fixed assets | 22/27 | - | €33,819 | +€33,819 | |
| Plant, machinery and equipment | 23 | - | €4,502 | +€4,502 | |
| Furniture and vehicles | 24 | - | €29,317 | +€29,317 | |
| Current assets | 29/58 | €84,996 | €1,186,483 | +€1.1m | +1,296% |
| Amounts receivable within one year | 40/41 | €81,814 | €1,185,223 | +€1.1m | +1,349% |
| Trade receivables | 40 | €1,814 | €703,951 | +€702,137 | +38,710% |
| Other amounts receivable | 41 | €80,000 | €481,272 | +€401,272 | +502% |
| Cash at bank and in hand | 54/58 | €3,182 | €998 | -€2,184 | -68.6% |
| Deferred charges and accrued income | 490/1 | - | €262 | +€262 | |
| Total equity and liabilities | 10/49 | €84,996 | €1,224,821 | +€1.1m | +1,341% |
| Equity | 10/15 | €84,996 | €112,223 | +€27,228 | +32.0% |
| Contributions | 10/11 | €85,000 | €85,000 | = | 0.0% |
| Capital | 10 | €85,000 | €85,000 | = | 0.0% |
| Issued capital | 100 | €85,000 | €85,000 | = | 0.0% |
| Reserves | 13 | - | €8,500 | +€8,500 | |
| Non-distributable reserves | 130/1 | - | €8,500 | +€8,500 | |
| Legal reserve | 130 | - | €8,500 | +€8,500 | |
| Profit (loss) carried forward | 14 | -€4 | €18,723 | +€18,728 | |
| Amounts payable | 17/49 | - | €1,112,598 | +€1.1m | |
| Amounts payable after more than one year | 17 | - | €475,000 | +€475,000 | |
| Financial debts | 170/4 | - | €475,000 | +€475,000 | |
| Amounts payable within one year | 42/48 | - | €637,598 | +€637,598 | |
| Financial debts | 43 | - | €89,155 | +€89,155 | |
| Credit institutions | 430/8 | - | €89,155 | +€89,155 | |
| Trade debts | 44 | - | €356,508 | +€356,508 | |
| Suppliers | 440/4 | - | €356,508 | +€356,508 | |
| Taxes, remuneration and social security | 45 | - | €95,749 | +€95,749 | |
| Taxes | 450/3 | - | €62,789 | +€62,789 | |
| Remuneration and social security | 454/9 | - | €32,959 | +€32,959 | |
| Other amounts payable | 47/48 | - | €96,186 | +€96,186 | |
| Turnover | 70 | - | €2,184,265 | +€2.2m | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €1,908,957 | +€1.9m | |
| Remuneration, social security and pensions | 62 | - | €261,713 | +€261,713 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €8,767 | +€8,767 | |
| Other operating charges | 640/8 | - | €955 | +€955 | |
| Gross operating margin | 9900 | - | €311,347 | +€311,347 | |
| Operating profit (loss) | 9901 | - | €39,914 | +€39,914 | |
| Financial income | 75/76B | - | €876 | +€876 | |
| Recurring financial income | 75 | - | €876 | +€876 | |
| Financial charges | 65/66B | €4 | €1,828 | +€1,824 | +43,628% |
| Recurring financial charges | 65 | €4 | €1,828 | +€1,824 | +43,628% |
| Non-recurring financial charges | 66B | - | €0 | = | |
| Profit (loss) for the period before taxes | 9903 | -€4 | €38,962 | +€38,966 | |
| Income taxes | 67/77 | - | €11,734 | +€11,734 | |
| Profit (loss) for the period | 9904 | -€4 | €27,228 | +€27,232 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4 | €27,228 | +€27,232 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.