So Flamingo: what changed
So Flamingo
Largest movements
- Cash -€19,887
down €19,887 (-76.8%), from €25,881 to €5,994
mainly Receivables within one year (-€14,433) and Tax, wage and social debts (-€7,763)
- Receivables within one year +€14,433
up €14,433 (+166%), from €8,694 to €23,126
of which Trade receivables: +€9,121
- Tangible fixed assets -€1,055
down €1,055 (-26.9%), from €3,927 to €2,872
of which Furniture and vehicles: -€563
- Tax, wage and social debts -€7,763
down €7,763 (-61.1%), from €12,698 to €4,935
of which Taxes: -€7,755
- Profit (loss) carried forward -€4,449
down €4,449 (-19.5%), from €22,848 to €18,399
- Trade debts +€3,818
up €3,818 (+121%), from €3,158 to €6,976
- Advances received +€3,000
new in 2025: €3,000
- Other debts -€932
no longer reported in 2025 (was €932)
- Gross operating margin -€3,627
down €3,627, from €3,228 to -€399
- Other operating charges -€1,102
no longer reported in 2025 (was €1,102)
- Financial charges +€943
up €943 (+47.2%), from €1,999 to €2,942
- Financial income +€314
up €314 (+680%), from €46 to €360
- Taxes -€292
down €292 (-41.4%), from €705 to €413
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €41,762 | €35,310 | -€6,452 | -15.5% |
| Fixed assets | 21/28 | €7,187 | €6,190 | -€997 | -13.9% |
| Tangible fixed assets | 22/27 | €3,927 | €2,872 | -€1,055 | -26.9% |
| Furniture and vehicles | 24 | €1,722 | €1,159 | -€563 | -32.7% |
| Other tangible fixed assets | 26 | €2,205 | €1,713 | -€492 | -22.3% |
| Financial fixed assets | 28 | €3,260 | €3,318 | +€57 | +1.8% |
| Current assets | 29/58 | €34,575 | €29,120 | -€5,455 | -15.8% |
| Amounts receivable within one year | 40/41 | €8,694 | €23,126 | +€14,433 | +166% |
| Trade receivables | 40 | €8,694 | €17,815 | +€9,121 | +105% |
| Other amounts receivable | 41 | - | €5,311 | +€5,311 | |
| Cash at bank and in hand | 54/58 | €25,881 | €5,994 | -€19,887 | -76.8% |
| Total equity and liabilities | 10/49 | €41,762 | €35,310 | -€6,452 | -15.5% |
| Equity | 10/15 | €24,848 | €20,399 | -€4,449 | -17.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,848 | €18,399 | -€4,449 | -19.5% |
| Amounts payable | 17/49 | €16,915 | €14,911 | -€2,004 | -11.8% |
| Amounts payable within one year | 42/48 | €16,788 | €14,911 | -€1,877 | -11.2% |
| Trade debts | 44 | €3,158 | €6,976 | +€3,818 | +121% |
| Suppliers | 440/4 | €3,158 | €6,976 | +€3,818 | +121% |
| Advances received on contracts in progress | 46 | - | €3,000 | +€3,000 | |
| Taxes, remuneration and social security | 45 | €12,698 | €4,935 | -€7,763 | -61.1% |
| Taxes | 450/3 | €10,881 | €3,125 | -€7,755 | -71.3% |
| Remuneration and social security | 454/9 | €1,818 | €1,809 | -€8 | -0.5% |
| Other amounts payable | 47/48 | €932 | - | -€932 | |
| Accrued charges and deferred income | 492/3 | €126 | - | -€126 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,297 | €1,055 | -€243 | -18.7% |
| Other operating charges | 640/8 | €1,102 | - | -€1,102 | |
| Gross operating margin | 9900 | €3,228 | -€399 | -€3,627 | |
| Operating profit (loss) | 9901 | €828 | -€1,454 | -€2,282 | |
| Financial income | 75/76B | €46 | €360 | +€314 | +680% |
| Recurring financial income | 75 | €46 | €360 | +€314 | +680% |
| Financial charges | 65/66B | €1,999 | €2,942 | +€943 | +47.2% |
| Recurring financial charges | 65 | €1,999 | €2,942 | +€943 | +47.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,124 | -€4,036 | -€2,911 | -259% |
| Income taxes | 67/77 | €705 | €413 | -€292 | -41.4% |
| Profit (loss) for the period | 9904 | -€1,829 | -€4,449 | -€2,620 | -143% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,829 | -€4,449 | -€2,620 | -143% |
Next steps
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 5 November 2026 via checked.be.