FLOW STUDIO: 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.
FLOW STUDIO
Largest movements
- Tangible fixed assets -€34,838
down €34,838 (-19.4%), from €179,128 to €144,290
of which Other tangible fixed assets: -€18,597
- Cash -€7,748
down €7,748 (-23.3%), from €33,218 to €25,470
mainly Net result for the year (-€32,662) and Debts after one year (-€13,091)
- Profit (loss) carried forward -€32,662
down €32,662, from €28,996 to -€3,666
- Debts after one year -€13,091
down €13,091 (-16.4%), from €79,812 to €66,721
- Trade debts +€8,458
up €8,458 (+7.8%), from €108,994 to €117,452
- Other debts -€6,829
down €6,829 (-27.9%), from €24,472 to €17,643
- Other operating charges -€55,199
down €55,199 (-98.0%), from €56,310 to €1,111
- Staff costs +€9,774
up €9,774 (+46.4%), from €21,074 to €30,848
- Gross operating margin -€9,636
down €9,636 (-18.3%), from €52,706 to €43,070
- Depreciation -€5,251
down €5,251 (-12.8%), from €41,152 to €35,901
- Financial charges +€1,117
up €1,117 (+25.4%), from €4,401 to €5,518
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 | €295,635 | €253,153 | -€42,482 | -14.4% |
| Fixed assets | 21/28 | €179,202 | €144,290 | -€34,912 | -19.5% |
| Tangible fixed assets | 22/27 | €179,128 | €144,290 | -€34,838 | -19.4% |
| Land and buildings | 22 | €47,667 | €43,333 | -€4,333 | -9.1% |
| Plant, machinery and equipment | 23 | €23,397 | €21,289 | -€2,108 | -9.0% |
| Furniture and vehicles | 24 | €26,731 | €16,931 | -€9,800 | -36.7% |
| Other tangible fixed assets | 26 | €81,333 | €62,736 | -€18,597 | -22.9% |
| Financial fixed assets | 28 | €74 | €0 | -€74 | -100% |
| Current assets | 29/58 | €116,433 | €108,863 | -€7,570 | -6.5% |
| Amounts receivable within one year | 40/41 | €78,307 | €76,399 | -€1,909 | -2.4% |
| Trade receivables | 40 | €74,058 | €74,752 | +€694 | +0.9% |
| Other amounts receivable | 41 | €4,250 | €1,647 | -€2,603 | -61.2% |
| Cash at bank and in hand | 54/58 | €33,218 | €25,470 | -€7,748 | -23.3% |
| Deferred charges and accrued income | 490/1 | €4,908 | €6,995 | +€2,087 | +42.5% |
| Total equity and liabilities | 10/49 | €295,635 | €253,153 | -€42,482 | -14.4% |
| Equity | 10/15 | €49,456 | €16,794 | -€32,662 | -66.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,996 | -€3,666 | -€32,662 | |
| Amounts payable | 17/49 | €246,179 | €236,359 | -€9,820 | -4.0% |
| Amounts payable after more than one year | 17 | €79,812 | €66,721 | -€13,091 | -16.4% |
| Financial debts | 170/4 | €79,812 | €66,721 | -€13,091 | -16.4% |
| Amounts payable within one year | 42/48 | €166,302 | €169,621 | +€3,319 | +2.0% |
| Current portion of amounts payable after more than one year | 42 | €13,473 | €13,091 | -€382 | -2.8% |
| Trade debts | 44 | €108,994 | €117,452 | +€8,458 | +7.8% |
| Suppliers | 440/4 | €108,994 | €117,452 | +€8,458 | +7.8% |
| Advances received on contracts in progress | 46 | - | €32 | +€32 | |
| Taxes, remuneration and social security | 45 | €19,364 | €21,404 | +€2,040 | +10.5% |
| Taxes | 450/3 | €14,680 | €12,934 | -€1,746 | -11.9% |
| Remuneration and social security | 454/9 | €4,684 | €8,470 | +€3,786 | +80.8% |
| Other amounts payable | 47/48 | €24,472 | €17,643 | -€6,829 | -27.9% |
| Accrued charges and deferred income | 492/3 | €65 | €17 | -€48 | -73.6% |
| Non-recurring operating income | 76A | €410 | €0 | -€410 | -100% |
| Remuneration, social security and pensions | 62 | €21,074 | €30,848 | +€9,774 | +46.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,152 | €35,901 | -€5,251 | -12.8% |
| Other operating charges | 640/8 | €56,310 | €1,111 | -€55,199 | -98.0% |
| Non-recurring operating charges | 66A | - | €2,153 | +€2,153 | |
| Gross operating margin | 9900 | €52,706 | €43,070 | -€9,636 | -18.3% |
| Operating profit (loss) | 9901 | -€65,830 | -€26,943 | +€38,886 | +59.1% |
| Financial income | 75/76B | €66 | €16 | -€50 | -76.1% |
| Recurring financial income | 75 | €66 | €16 | -€50 | -76.1% |
| Financial charges | 65/66B | €4,401 | €5,518 | +€1,117 | +25.4% |
| Recurring financial charges | 65 | €4,401 | €5,518 | +€1,117 | +25.4% |
| Profit (loss) for the period before taxes | 9903 | -€70,165 | -€32,445 | +€37,719 | +53.8% |
| Income taxes | 67/77 | €361 | €217 | -€144 | -39.9% |
| Profit (loss) for the period | 9904 | -€70,525 | -€32,662 | +€37,863 | +53.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€70,525 | -€32,662 | +€37,863 | +53.7% |
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 26 October 2026 via checked.be.