Johan Flerackers: 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.
Johan Flerackers
Largest movements
- Cash +€30,016
up €30,016 (+115%), from €26,199 to €56,216
mainly Net result for the year (+€54,321) and Receivables within one year (+€9,478)
- Current investments +€26,292
up €26,292 (+81.6%), from €32,240 to €58,532
- Receivables within one year -€9,478
down €9,478 (-34.7%), from €27,345 to €17,868
of which Trade receivables: -€9,858
- Tangible fixed assets -€6,451
down €6,451 (-19.4%), from €33,274 to €26,823
- Reserves +€54,321
up €54,321 (+79.5%), from €68,309 to €122,630
- Tax, wage and social debts -€7,859
down €7,859 (-41.1%), from €19,119 to €11,260
- Debts after one year -€6,164
down €6,164 (-26.6%), from €23,132 to €16,969
- Gross operating margin +€6,787
up €6,787 (+9.4%), from €72,087 to €78,874
- Depreciation +€4,533
up €4,533 (+153%), from €2,964 to €7,497
- Taxes -€3,298
down €3,298 (-15.1%), from €21,906 to €18,608
- Financial income +€2,592
up €2,592 (+504%), from €515 to €3,106
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 | €119,930 | €160,328 | +€40,398 | +33.7% |
| Fixed assets | 21/28 | €33,274 | €26,823 | -€6,451 | -19.4% |
| Tangible fixed assets | 22/27 | €33,274 | €26,823 | -€6,451 | -19.4% |
| Furniture and vehicles | 24 | €33,274 | €26,823 | -€6,451 | -19.4% |
| Current assets | 29/58 | €86,656 | €133,505 | +€46,849 | +54.1% |
| Amounts receivable within one year | 40/41 | €27,345 | €17,868 | -€9,478 | -34.7% |
| Trade receivables | 40 | €23,979 | €14,121 | -€9,858 | -41.1% |
| Other amounts receivable | 41 | €3,366 | €3,747 | +€381 | +11.3% |
| Current investments | 50/53 | €32,240 | €58,532 | +€26,292 | +81.6% |
| Cash at bank and in hand | 54/58 | €26,199 | €56,216 | +€30,016 | +115% |
| Deferred charges and accrued income | 490/1 | €872 | €890 | +€18 | +2.1% |
| Total equity and liabilities | 10/49 | €119,930 | €160,328 | +€40,398 | +33.7% |
| Equity | 10/15 | €71,309 | €125,630 | +€54,321 | +76.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €68,309 | €122,630 | +€54,321 | +79.5% |
| Distributable reserves | 133 | €68,309 | €122,630 | +€54,321 | +79.5% |
| Amounts payable | 17/49 | €48,621 | €34,698 | -€13,923 | -28.6% |
| Amounts payable after more than one year | 17 | €23,132 | €16,969 | -€6,164 | -26.6% |
| Financial debts | 170/4 | €23,132 | €16,969 | -€6,164 | -26.6% |
| Amounts payable within one year | 42/48 | €25,489 | €17,730 | -€7,759 | -30.4% |
| Current portion of amounts payable after more than one year | 42 | €5,950 | €6,164 | +€214 | +3.6% |
| Trade debts | 44 | €420 | €306 | -€114 | -27.2% |
| Suppliers | 440/4 | €420 | €306 | -€114 | -27.2% |
| Taxes, remuneration and social security | 45 | €19,119 | €11,260 | -€7,859 | -41.1% |
| Taxes | 450/3 | €19,119 | €11,260 | -€7,859 | -41.1% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,964 | €7,497 | +€4,533 | +153% |
| Other operating charges | 640/8 | €559 | €449 | -€110 | -19.6% |
| Gross operating margin | 9900 | €72,087 | €78,874 | +€6,787 | +9.4% |
| Operating profit (loss) | 9901 | €68,564 | €70,928 | +€2,364 | +3.4% |
| Financial income | 75/76B | €515 | €3,106 | +€2,592 | +504% |
| Recurring financial income | 75 | €515 | €3,106 | +€2,592 | +504% |
| Financial charges | 65/66B | €508 | €1,106 | +€598 | +118% |
| Recurring financial charges | 65 | €508 | €1,106 | +€598 | +118% |
| Profit (loss) for the period before taxes | 9903 | €68,571 | €72,929 | +€4,358 | +6.4% |
| Income taxes | 67/77 | €21,906 | €18,608 | -€3,298 | -15.1% |
| Profit (loss) for the period | 9904 | €46,665 | €54,321 | +€7,656 | +16.4% |
| Profit (loss) for the period to be appropriated | 9905 | €46,665 | €54,321 | +€7,656 | +16.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.