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FLUENCE: 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

FLUENCE

BE 0784.836.205
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€58,132
2024 · €51,700+€6,432
Equity
€230,323
2024 · €172,191+€58,132
Cash
€22,853
2024 · €29,480-€6,628
Balance sheet total
€1.1m
2024 · €1.1m-€27,991

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€20,986

    down €20,986 (-2.8%), from €757,921 to €736,935

    of which Land and buildings: -€20,149

Equity and liabilities
  • Profit (loss) carried forward +€58,132

    up €58,132 (+34.8%), from €167,191 to €225,323

  • Debts after one year -€46,165

    down €46,165 (-7.4%), from €620,191 to €574,026

  • Other debts -€36,703

    down €36,703 (-18.1%), from €202,412 to €165,708

Income statement
  • Gross operating margin +€8,468

    up €8,468 (+6.5%), from €130,892 to €139,360

  • Taxes +€3,361

    up €3,361 (+19.8%), from €17,008 to €20,369

  • Financial charges -€2,878

    down €2,878 (-15.7%), from €18,376 to €15,497

  • Depreciation +€1,787

    up €1,787 (+4.8%), from €37,055 to €38,843

From the 2024 result to the 2025 result

effect on the 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 €51,700
Gross operating margin +€8,468
Staff costs +€378
Depreciation -€1,787
Other operating charges -€145
Financial income +€1
Financial charges +€2,878
Taxes -€3,361
Result 2025 €58,132
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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 +€63,026
Investment -€17,857
Financing -€51,797
Cash 2024 €29,480
Net result for the year +€58,132
Depreciation +€38,843
Receivables within one year +€477
Deferred charges and accrued income -€99
Trade debts -€481
Tax, wage and social debts +€2,858
Other debts -€36,703
Investment in fixed assets (net) -€17,857
Debts after one year -€46,165
Current portion of long-term debt -€5,633
Cash 2025 €22,853
brings cash intakes cash out
Every line side by side 39 lines
Line Code 2024 2025 Change %
Total assets 20/58 €1,110,552 €1,082,561 -€27,991 -2.5%
Fixed assets 21/28 €1,061,416 €1,040,430 -€20,986 -2.0%
Tangible fixed assets 22/27 €757,921 €736,935 -€20,986 -2.8%
Land and buildings 22 €755,096 €734,947 -€20,149 -2.7%
Furniture and vehicles 24 €2,825 €1,988 -€837 -29.6%
Financial fixed assets 28 €303,495 €303,495 = 0.0%
Current assets 29/58 €49,137 €42,131 -€7,005 -14.3%
Amounts receivable within one year 40/41 €19,232 €18,755 -€477 -2.5%
Trade receivables 40 €19,232 €18,755 -€477 -2.5%
Cash at bank and in hand 54/58 €29,480 €22,853 -€6,628 -22.5%
Deferred charges and accrued income 490/1 €425 €524 +€99 +23.3%
Total equity and liabilities 10/49 €1,110,552 €1,082,561 -€27,991 -2.5%
Equity 10/15 €172,191 €230,323 +€58,132 +33.8%
Contributions 10/11 €5,000 €5,000 = 0.0%
Profit (loss) carried forward 14 €167,191 €225,323 +€58,132 +34.8%
Amounts payable 17/49 €938,362 €852,238 -€86,123 -9.2%
Amounts payable after more than one year 17 €620,191 €574,026 -€46,165 -7.4%
Financial debts 170/4 €620,191 €574,026 -€46,165 -7.4%
Amounts payable within one year 42/48 €318,171 €278,212 -€39,959 -12.6%
Current portion of amounts payable after more than one year 42 €85,845 €80,213 -€5,633 -6.6%
Trade debts 44 €2,077 €1,596 -€481 -23.2%
Suppliers 440/4 €2,077 €1,596 -€481 -23.2%
Taxes, remuneration and social security 45 €27,837 €30,695 +€2,858 +10.3%
Taxes 450/3 €27,339 €30,695 +€3,356 +12.3%
Remuneration and social security 454/9 €498 - -€498
Other amounts payable 47/48 €202,412 €165,708 -€36,703 -18.1%
Remuneration, social security and pensions 62 €2,148 €1,770 -€378 -17.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €37,055 €38,843 +€1,787 +4.8%
Other operating charges 640/8 €4,605 €4,750 +€145 +3.2%
Gross operating margin 9900 €130,892 €139,360 +€8,468 +6.5%
Operating profit (loss) 9901 €87,084 €93,997 +€6,914 +7.9%
Financial income 75/76B €0 €1 +€1 +13,500%
Recurring financial income 75 €0 €1 +€1 +13,500%
Financial charges 65/66B €18,376 €15,497 -€2,878 -15.7%
Recurring financial charges 65 €18,376 €15,497 -€2,878 -15.7%
Profit (loss) for the period before taxes 9903 €68,708 €78,501 +€9,793 +14.3%
Income taxes 67/77 €17,008 €20,369 +€3,361 +19.8%
Profit (loss) for the period 9904 €51,700 €58,132 +€6,432 +12.4%
Profit (loss) for the period to be appropriated 9905 €51,700 €58,132 +€6,432 +12.4%

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.