FLN GROUP: 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.
FLN GROUP
Largest movements
- Deferred charges and accrued income -€14,341
down €14,341 (-95.6%), from €15,000 to €659
- Receivables within one year +€6,000
up €6,000 (+100.0%), from €6,000 to €12,000
- Debts after one year -€48,753
down €48,753 (-11.1%), from €441,054 to €392,301
of which Financial debts: -€31,369
- Profit (loss) carried forward +€32,364
up €32,364 (+132.4%), from €24,446 to €56,810
- Tax, wage and social debts +€8,113
up €8,113 (+71.5%), from €11,352 to €19,465
- Gross operating margin +€18,856
up €18,856 (+36.2%), from €52,076 to €70,931
- Taxes +€3,473
up €3,473 (+42.3%), from €8,218 to €11,691
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.
Cash bridge derived
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 | €565,978 | €559,466 | -€6,512 | -1.2% |
| Fixed assets | 21/28 | €542,549 | €541,580 | -€969 | -0.2% |
| Tangible fixed assets | 22/27 | €1,911 | €942 | -€969 | -50.7% |
| Furniture and vehicles | 24 | €1,911 | €942 | -€969 | -50.7% |
| Financial fixed assets | 28 | €540,638 | €540,638 | = | 0.0% |
| Current assets | 29/58 | €23,429 | €17,886 | -€5,543 | -23.7% |
| Amounts receivable within one year | 40/41 | €6,000 | €12,000 | +€6,000 | +100.0% |
| Trade receivables | 40 | €6,000 | €12,000 | +€6,000 | +100.0% |
| Cash at bank and in hand | 54/58 | €2,429 | €5,227 | +€2,798 | +115.2% |
| Deferred charges and accrued income | 490/1 | €15,000 | €659 | -€14,341 | -95.6% |
| Total equity and liabilities | 10/49 | €565,978 | €559,466 | -€6,512 | -1.2% |
| Equity | 10/15 | €39,446 | €71,810 | +€32,364 | +82.0% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,446 | €56,810 | +€32,364 | +132.4% |
| Amounts payable | 17/49 | €526,532 | €487,656 | -€38,876 | -7.4% |
| Amounts payable after more than one year | 17 | €441,054 | €392,301 | -€48,753 | -11.1% |
| Financial debts | 170/4 | €280,131 | €248,763 | -€31,369 | -11.2% |
| Other amounts payable | 178/9 | €160,923 | €143,538 | -€17,385 | -10.8% |
| Amounts payable within one year | 42/48 | €80,477 | €90,355 | +€9,877 | +12.3% |
| Current portion of amounts payable after more than one year | 42 | €45,748 | €49,742 | +€3,994 | +8.7% |
| Trade debts | 44 | €2,976 | €718 | -€2,257 | -75.9% |
| Suppliers | 440/4 | €2,976 | €718 | -€2,257 | -75.9% |
| Taxes, remuneration and social security | 45 | €11,352 | €19,465 | +€8,113 | +71.5% |
| Taxes | 450/3 | €11,352 | €19,465 | +€8,113 | +71.5% |
| Other amounts payable | 47/48 | €20,402 | €20,430 | +€28 | +0.1% |
| Accrued charges and deferred income | 492/3 | €5,000 | €5,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €812 | €969 | +€157 | +19.3% |
| Other operating charges | 640/8 | €126 | €63 | -€63 | -49.7% |
| Gross operating margin | 9900 | €52,076 | €70,931 | +€18,856 | +36.2% |
| Operating profit (loss) | 9901 | €51,137 | €69,899 | +€18,761 | +36.7% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €24,984 | €25,011 | +€26 | +0.1% |
| Recurring financial charges | 65 | €24,984 | €25,011 | +€26 | +0.1% |
| Profit (loss) for the period before taxes | 9903 | €26,153 | €44,888 | +€18,735 | +71.6% |
| Income taxes | 67/77 | €8,218 | €11,691 | +€3,473 | +42.3% |
| Profit (loss) for the period | 9904 | €17,935 | €33,197 | +€15,262 | +85.1% |
| Profit (loss) for the period to be appropriated | 9905 | €17,935 | €33,197 | +€15,262 | +85.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.