IMMO - FLARO S.A.: 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
IMMO - FLARO S.A.
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€8,246
2024 · €7,968+€278
Equity
€399,428
2024 · €391,182+€8,246
Cash
€67,932
2024 · €64,486+€3,446
Balance sheet total
€406,716
2024 · €401,413+€5,303
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Profit (loss) carried forward +€8,246
up €8,246 (+6.8%), from €121,682 to €129,928
Income statement
- Depreciation -€8,071
down €8,071 (-55.4%), from €14,580 to €6,510
- Gross operating margin -€7,754
down €7,754 (-26.6%), from €29,173 to €21,419
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
€7,968
Gross operating margin
-€7,754
Depreciation
+€8,071
Other operating charges
-€58
Financial charges
+€38
Taxes
-€17
Result 2025
€8,246
raises the resultlowers the result
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.
From operations
+€8,056
Investment
-€3,851
Financing
-€760
Cash 2024
€64,486
From operations (derived)
+€8,056
Net result for the year
+€8,246
Depreciation
+€6,510
Receivables within one year
-€888
Deferred charges and accrued income
-€3,628
Trade debts
-€1,805
Tax, wage and social debts
+€197
Advances received
-€575
Investment (derived)
-€3,851
Investment in fixed assets (net)
-€3,851
Financing
-€760
Debts after one year
-€760
Cash 2025
€67,932
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €401,413 | €406,716 | +€5,303 | +1.3% |
| Fixed assets | 21/28 | €276,999 | €274,340 | -€2,659 | -1.0% |
| Tangible fixed assets | 22/27 | €276,999 | €274,340 | -€2,659 | -1.0% |
| Land and buildings | 22 | €268,166 | €263,355 | -€4,812 | -1.8% |
| Plant, machinery and equipment | 23 | €8,833 | €10,986 | +€2,153 | +24.4% |
| Current assets | 29/58 | €124,414 | €132,376 | +€7,962 | +6.4% |
| Amounts receivable within one year | 40/41 | €52,500 | €53,388 | +€888 | +1.7% |
| Trade receivables | 40 | €0 | €750 | +€750 | |
| Other amounts receivable | 41 | €52,500 | €52,638 | +€138 | +0.3% |
| Cash at bank and in hand | 54/58 | €64,486 | €67,932 | +€3,446 | +5.3% |
| Deferred charges and accrued income | 490/1 | €7,428 | €11,056 | +€3,628 | +48.9% |
| Total equity and liabilities | 10/49 | €401,413 | €406,716 | +€5,303 | +1.3% |
| Equity | 10/15 | €391,182 | €399,428 | +€8,246 | +2.1% |
| Contributions | 10/11 | €245,000 | €245,000 | = | 0.0% |
| Capital | 10 | €245,000 | €245,000 | = | 0.0% |
| Issued capital | 100 | €245,000 | €245,000 | = | 0.0% |
| Reserves | 13 | €24,500 | €24,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €24,500 | €24,500 | = | 0.0% |
| Legal reserve | 130 | €24,500 | €24,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €121,682 | €129,928 | +€8,246 | +6.8% |
| Amounts payable | 17/49 | €10,231 | €7,288 | -€2,943 | -28.8% |
| Amounts payable after more than one year | 17 | €2,235 | €1,475 | -€760 | -34.0% |
| Other amounts payable | 178/9 | €2,235 | €1,475 | -€760 | -34.0% |
| Amounts payable within one year | 42/48 | €7,996 | €5,813 | -€2,183 | -27.3% |
| Trade debts | 44 | €4,174 | €2,368 | -€1,805 | -43.3% |
| Suppliers | 440/4 | €4,174 | €2,368 | -€1,805 | -43.3% |
| Advances received on contracts in progress | 46 | €838 | €263 | -€575 | -68.6% |
| Taxes, remuneration and social security | 45 | €2,985 | €3,182 | +€197 | +6.6% |
| Taxes | 450/3 | €2,985 | €3,182 | +€197 | +6.6% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,580 | €6,510 | -€8,071 | -55.4% |
| Other operating charges | 640/8 | €4,552 | €4,611 | +€58 | +1.3% |
| Gross operating margin | 9900 | €29,173 | €21,419 | -€7,754 | -26.6% |
| Operating profit (loss) | 9901 | €10,040 | €10,298 | +€258 | +2.6% |
| Financial income | 75/76B | €1,260 | €1,260 | = | 0.0% |
| Recurring financial income | 75 | €1,260 | €1,260 | = | 0.0% |
| Financial charges | 65/66B | €348 | €310 | -€38 | -10.9% |
| Recurring financial charges | 65 | €348 | €310 | -€38 | -10.9% |
| Profit (loss) for the period before taxes | 9903 | €10,953 | €11,248 | +€296 | +2.7% |
| Income taxes | 67/77 | €2,985 | €3,002 | +€17 | +0.6% |
| Profit (loss) for the period | 9904 | €7,968 | €8,246 | +€278 | +3.5% |
| Profit (loss) for the period to be appropriated | 9905 | €7,968 | €8,246 | +€278 | +3.5% |
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 14 October 2026 via checked.be.