FLOVIC: 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.
FLOVIC
Largest movements
- Receivables within one year +€35,602
up €35,602 (+140%), from €25,459 to €61,061
of which Trade receivables: +€20,839
- Tangible fixed assets -€8,474
down €8,474 (-15.1%), from €56,025 to €47,551
of which Land and buildings: -€6,401
- Cash -€6,065
down €6,065 (-26.7%), from €22,727 to €16,662
mainly Receivables within one year (-€35,602) and Current portion of long-term debt (-€9,060)
- Short-term financial debts +€15,053
new in 2025: €15,053
- Trade debts +€13,357
up €13,357 (+83.9%), from €15,911 to €29,268
- Current portion of long-term debt -€9,060
down €9,060 (-55.9%), from €16,211 to €7,151
- Debts after one year -€7,151
down €7,151 (-38.6%), from €18,526 to €11,376
- Tax, wage and social debts +€5,637
up €5,637 (+70.9%), from €7,947 to €13,584
of which Taxes: +€6,144
- Gross operating margin -€70,108
down €70,108 (-79.6%), from €88,038 to €17,930
- Financial income +€12,559
up €12,559 (+554%), from €2,268 to €14,827
of which Non-recurring financial income: +€14,826
- Taxes -€12,084
down €12,084 (-61.0%), from €19,821 to €7,737
- Financial charges +€3,748
up €3,748 (+81.6%), from €4,592 to €8,339
- Other operating charges +€3,583
up €3,583 (+636%), from €563 to €4,146
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 | €154,211 | €175,274 | +€21,063 | +13.7% |
| Fixed assets | 21/28 | €106,025 | €97,551 | -€8,474 | -8.0% |
| Tangible fixed assets | 22/27 | €56,025 | €47,551 | -€8,474 | -15.1% |
| Land and buildings | 22 | €50,589 | €44,188 | -€6,401 | -12.7% |
| Plant, machinery and equipment | 23 | €3,253 | €2,537 | -€716 | -22.0% |
| Furniture and vehicles | 24 | €2,182 | €825 | -€1,357 | -62.2% |
| Financial fixed assets | 28 | €50,000 | €50,000 | = | 0.0% |
| Current assets | 29/58 | €48,186 | €77,723 | +€29,538 | +61.3% |
| Amounts receivable within one year | 40/41 | €25,459 | €61,061 | +€35,602 | +140% |
| Trade receivables | 40 | €25,459 | €46,298 | +€20,839 | +81.9% |
| Other amounts receivable | 41 | - | €14,763 | +€14,763 | |
| Cash at bank and in hand | 54/58 | €22,727 | €16,662 | -€6,065 | -26.7% |
| Total equity and liabilities | 10/49 | €154,211 | €175,274 | +€21,063 | +13.7% |
| Equity | 10/15 | €94,782 | €97,983 | +€3,201 | +3.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €91,782 | €94,983 | +€3,201 | +3.5% |
| Distributable reserves | 133 | €91,782 | €94,983 | +€3,201 | +3.5% |
| Amounts payable | 17/49 | €59,429 | €77,290 | +€17,862 | +30.1% |
| Amounts payable after more than one year | 17 | €18,526 | €11,376 | -€7,151 | -38.6% |
| Financial debts | 170/4 | €18,526 | €11,376 | -€7,151 | -38.6% |
| Amounts payable within one year | 42/48 | €40,902 | €65,915 | +€25,013 | +61.2% |
| Current portion of amounts payable after more than one year | 42 | €16,211 | €7,151 | -€9,060 | -55.9% |
| Financial debts | 43 | - | €15,053 | +€15,053 | |
| Other loans | 439 | - | €15,053 | +€15,053 | |
| Trade debts | 44 | €15,911 | €29,268 | +€13,357 | +83.9% |
| Suppliers | 440/4 | €15,911 | €29,268 | +€13,357 | +83.9% |
| Taxes, remuneration and social security | 45 | €7,947 | €13,584 | +€5,637 | +70.9% |
| Taxes | 450/3 | €6,767 | €12,911 | +€6,144 | +90.8% |
| Remuneration and social security | 454/9 | €1,180 | €672 | -€507 | -43.0% |
| Other amounts payable | 47/48 | €833 | €859 | +€26 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,924 | €8,474 | +€550 | +6.9% |
| Other operating charges | 640/8 | €563 | €4,146 | +€3,583 | +636% |
| Gross operating margin | 9900 | €88,038 | €17,930 | -€70,108 | -79.6% |
| Operating profit (loss) | 9901 | €79,551 | €5,310 | -€74,241 | -93.3% |
| Financial income | 75/76B | €2,268 | €14,827 | +€12,559 | +554% |
| Recurring financial income | 75 | €2,268 | €1 | -€2,267 | -100.0% |
| Non-recurring financial income | 76B | - | €14,826 | +€14,826 | |
| Financial charges | 65/66B | €4,592 | €8,339 | +€3,748 | +81.6% |
| Recurring financial charges | 65 | €4,592 | €8,339 | +€3,748 | +81.6% |
| Profit (loss) for the period before taxes | 9903 | €77,227 | €11,797 | -€65,430 | -84.7% |
| Income taxes | 67/77 | €19,821 | €7,737 | -€12,084 | -61.0% |
| Profit (loss) for the period | 9904 | €57,406 | €4,060 | -€53,345 | -92.9% |
| Profit (loss) for the period to be appropriated | 9905 | €57,406 | €4,060 | -€53,345 | -92.9% |
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 25 October 2026 via checked.be.