FLAN: what changed
FLAN
Largest movements
- Tangible fixed assets -€58,306
down €58,306 (-100%), from €58,306 to €0
of which Other tangible fixed assets: -€49,634
- Receivables within one year -€33,626
down €33,626 (-100%), from €33,626 to €0
of which Trade receivables: -€33,626
- Stocks and contracts -€4,394
down €4,394 (-100%), from €4,394 to €0
- Cash +€2,492
up €2,492 (+22.5%), from €11,095 to €13,586
mainly Investment in fixed assets (net) (+€57,424) and Receivables within one year (+€33,626)
- Other debts -€44,758
down €44,758 (-37.0%), from €120,823 to €76,064
- Trade debts -€26,712
down €26,712 (-77.0%), from €34,699 to €7,987
- Profit (loss) carried forward -€24,038
down €24,038 (-29.3%), from -€82,003 to -€106,041
- Accrued charges and deferred income +€1,562
new in 2025: €1,562
- Turnover -€232,485
down €232,485 (-51.7%), from €450,092 to €217,608
- Gross operating margin -€103,547
down €103,547 (-70.2%), from €147,572 to €44,025
- Purchases and services -€87,359
down €87,359 (-27.9%), from €313,475 to €226,116
- Staff costs -€50,340
down €50,340 (-48.4%), from €103,939 to €53,599
- Depreciation -€19,830
down €19,830 (-95.7%), from €20,712 to €882
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 | €107,570 | €13,736 | -€93,834 | -87.2% |
| Fixed assets | 21/28 | €58,456 | €150 | -€58,306 | -99.7% |
| Tangible fixed assets | 22/27 | €58,306 | €0 | -€58,306 | -100% |
| Land and buildings | 22 | €1,843 | €0 | -€1,843 | -100% |
| Plant, machinery and equipment | 23 | €5,594 | €0 | -€5,594 | -100% |
| Furniture and vehicles | 24 | €1,235 | €0 | -€1,235 | -100% |
| Other tangible fixed assets | 26 | €49,634 | €0 | -€49,634 | -100% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €49,115 | €13,586 | -€35,528 | -72.3% |
| Stocks and contracts in progress | 3 | €4,394 | €0 | -€4,394 | -100% |
| Stocks | 30/36 | €4,394 | €0 | -€4,394 | -100% |
| Amounts receivable within one year | 40/41 | €33,626 | €0 | -€33,626 | -100% |
| Trade receivables | 40 | €33,626 | - | -€33,626 | |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €11,095 | €13,586 | +€2,492 | +22.5% |
| Total equity and liabilities | 10/49 | €107,570 | €13,736 | -€93,834 | -87.2% |
| Equity | 10/15 | -€61,123 | -€85,161 | -€24,038 | -39.3% |
| Contributions | 10/11 | €20,880 | €20,880 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€82,003 | -€106,041 | -€24,038 | -29.3% |
| Amounts payable | 17/49 | €168,693 | €98,897 | -€69,796 | -41.4% |
| Amounts payable within one year | 42/48 | €168,693 | €97,335 | -€71,358 | -42.3% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €34,699 | €7,987 | -€26,712 | -77.0% |
| Suppliers | 440/4 | €34,699 | €7,987 | -€26,712 | -77.0% |
| Taxes, remuneration and social security | 45 | €13,172 | €13,284 | +€112 | +0.8% |
| Taxes | 450/3 | €8,762 | €13,284 | +€4,522 | +51.6% |
| Remuneration and social security | 454/9 | €4,410 | €0 | -€4,410 | -100% |
| Other amounts payable | 47/48 | €120,823 | €76,064 | -€44,758 | -37.0% |
| Accrued charges and deferred income | 492/3 | - | €1,562 | +€1,562 | |
| Turnover | 70 | €450,092 | €217,608 | -€232,485 | -51.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €313,475 | €226,116 | -€87,359 | -27.9% |
| Remuneration, social security and pensions | 62 | €103,939 | €53,599 | -€50,340 | -48.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,712 | €882 | -€19,830 | -95.7% |
| Other operating charges | 640/8 | €10,594 | €9,254 | -€1,341 | -12.7% |
| Non-recurring operating charges | 66A | €4,703 | €412 | -€4,292 | -91.2% |
| Gross operating margin | 9900 | €147,572 | €44,025 | -€103,547 | -70.2% |
| Operating profit (loss) | 9901 | €7,624 | -€20,121 | -€27,745 | |
| Financial income | 75/76B | €15 | €0 | -€15 | -99.9% |
| Recurring financial income | 75 | €15 | €0 | -€15 | -99.9% |
| Financial charges | 65/66B | €4,425 | €3,347 | -€1,078 | -24.4% |
| Recurring financial charges | 65 | €4,425 | €3,347 | -€1,078 | -24.4% |
| Profit (loss) for the period before taxes | 9903 | €3,214 | -€23,468 | -€26,682 | |
| Income taxes | 67/77 | €587 | €570 | -€17 | -2.8% |
| Profit (loss) for the period | 9904 | €2,628 | -€24,038 | -€26,666 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,628 | -€24,038 | -€26,666 |
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 3 November 2026 via checked.be.