AB Flex: 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.
AB Flex
Largest movements
- Cash -€15,556
down €15,556 (-70.0%), from €22,213 to €6,657
mainly Net result for the year (-€21,703) and Trade debts (-€6,353)
- Deferred charges and accrued income -€11,007
down €11,007 (-89.4%), from €12,318 to €1,311
- Stocks and contracts +€3,875
up €3,875 (+63.3%), from €6,127 to €10,002
- Receivables within one year -€1,376
down €1,376 (-2.7%), from €51,094 to €49,718
of which Other amounts receivable: -€18,200
- Profit (loss) carried forward -€21,703
down €21,703 (-169%), from -€12,846 to -€34,549
- Other debts +€6,571
new in 2026: €6,571
- Trade debts -€6,353
down €6,353 (-27.2%), from €23,329 to €16,976
- Tax, wage and social debts -€2,207
down €2,207 (-16.7%), from €13,231 to €11,024
- Gross operating margin -€5,123
down €5,123 (-35.8%), from -€14,308 to -€19,431
- Financial income -€3,004
no longer reported in 2026 (was €3,004)
- Depreciation +€568
up €568 (+63.0%), from €901 to €1,469
- Other operating charges +€442
up €442 (+351%), from €126 to €568
- Financial charges -€281
down €281 (-54.5%), from €516 to €235
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €95,268 | €71,576 | -€23,692 | -24.9% |
| Fixed assets | 21/28 | €3,517 | €3,889 | +€372 | +10.6% |
| Tangible fixed assets | 22/27 | €3,292 | €3,889 | +€597 | +18.1% |
| Plant, machinery and equipment | 23 | - | €1,847 | +€1,847 | |
| Furniture and vehicles | 24 | €3,292 | €2,042 | -€1,250 | -38.0% |
| Financial fixed assets | 28 | €225 | - | -€225 | |
| Current assets | 29/58 | €91,751 | €67,688 | -€24,064 | -26.2% |
| Stocks and contracts in progress | 3 | €6,127 | €10,002 | +€3,875 | +63.3% |
| Stocks | 30/36 | €6,127 | €10,002 | +€3,875 | +63.3% |
| Amounts receivable within one year | 40/41 | €51,094 | €49,718 | -€1,376 | -2.7% |
| Trade receivables | 40 | €32,174 | €48,998 | +€16,824 | +52.3% |
| Other amounts receivable | 41 | €18,920 | €720 | -€18,200 | -96.2% |
| Cash at bank and in hand | 54/58 | €22,213 | €6,657 | -€15,556 | -70.0% |
| Deferred charges and accrued income | 490/1 | €12,318 | €1,311 | -€11,007 | -89.4% |
| Total equity and liabilities | 10/49 | €95,268 | €71,576 | -€23,692 | -24.9% |
| Equity | 10/15 | €58,708 | €37,005 | -€21,703 | -37.0% |
| Contributions | 10/11 | €2,200 | €2,200 | = | 0.0% |
| Reserves | 13 | €69,354 | €69,354 | = | 0.0% |
| Distributable reserves | 133 | €69,354 | €69,354 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,846 | -€34,549 | -€21,703 | -169% |
| Amounts payable | 17/49 | €36,560 | €34,571 | -€1,989 | -5.4% |
| Amounts payable within one year | 42/48 | €36,560 | €34,571 | -€1,989 | -5.4% |
| Trade debts | 44 | €23,329 | €16,976 | -€6,353 | -27.2% |
| Suppliers | 440/4 | €23,329 | €16,976 | -€6,353 | -27.2% |
| Taxes, remuneration and social security | 45 | €13,231 | €11,024 | -€2,207 | -16.7% |
| Taxes | 450/3 | €13,231 | €11,024 | -€2,207 | -16.7% |
| Other amounts payable | 47/48 | - | €6,571 | +€6,571 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €901 | €1,469 | +€568 | +63.0% |
| Other operating charges | 640/8 | €126 | €568 | +€442 | +351% |
| Gross operating margin | 9900 | -€14,308 | -€19,431 | -€5,123 | -35.8% |
| Operating profit (loss) | 9901 | -€15,335 | -€21,468 | -€6,133 | -40.0% |
| Financial income | 75/76B | €3,004 | - | -€3,004 | |
| Recurring financial income | 75 | €3,004 | - | -€3,004 | |
| Financial charges | 65/66B | €516 | €235 | -€281 | -54.5% |
| Recurring financial charges | 65 | €516 | €235 | -€281 | -54.5% |
| Profit (loss) for the period before taxes | 9903 | -€12,846 | -€21,703 | -€8,856 | -68.9% |
| Profit (loss) for the period | 9904 | -€12,846 | -€21,703 | -€8,856 | -68.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,846 | -€21,703 | -€8,856 | -68.9% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.