FLAXOR: 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.
FLAXOR
Largest movements
- Receivables within one year -€3,973
down €3,973 (-61.3%), from €6,482 to €2,509
of which Other amounts receivable: -€2,978
- Cash +€3,092
up €3,092 (+17.3%), from €17,901 to €20,993
mainly Receivables within one year (+€3,973) and Net result for the year (+€3,228)
- Deferred charges and accrued income -€2,686
down €2,686 (-60.4%), from €4,449 to €1,763
- Tangible fixed assets -€939
down €939 (-33.3%), from €2,819 to €1,880
- Contributions -€12,350
down €12,350 (-66.6%), from €18,550 to €6,200
- Profit (loss) carried forward +€3,228
up €3,228 (+46.6%), from €6,931 to €10,159
- Trade debts +€2,476
up €2,476 (+192.6%), from €1,285 to €3,761
- Other debts +€1,122
up €1,122 (+26.0%), from €4,312 to €5,433
- Tax, wage and social debts +€1,018
up €1,018 (+556.4%), from €183 to €1,201
- Gross operating margin +€7,904
up €7,904, from -€90 to €7,815
- Taxes +€1,591
up €1,591 (+884.2%), from €180 to €1,771
- Financial income +€995
up €995 (+4959.1%), from €20 to €1,015
- Depreciation +€286
up €286 (+43.7%), from €654 to €939
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 | €31,651 | €27,144 | -€4,507 | -14.2% |
| Fixed assets | 21/28 | €2,819 | €1,880 | -€939 | -33.3% |
| Tangible fixed assets | 22/27 | €2,819 | €1,880 | -€939 | -33.3% |
| Furniture and vehicles | 24 | €2,819 | €1,880 | -€939 | -33.3% |
| Current assets | 29/58 | €28,832 | €25,265 | -€3,567 | -12.4% |
| Amounts receivable within one year | 40/41 | €6,482 | €2,509 | -€3,973 | -61.3% |
| Trade receivables | 40 | €2,774 | €1,779 | -€995 | -35.9% |
| Other amounts receivable | 41 | €3,708 | €729 | -€2,978 | -80.3% |
| Cash at bank and in hand | 54/58 | €17,901 | €20,993 | +€3,092 | +17.3% |
| Deferred charges and accrued income | 490/1 | €4,449 | €1,763 | -€2,686 | -60.4% |
| Total equity and liabilities | 10/49 | €31,651 | €27,144 | -€4,507 | -14.2% |
| Equity | 10/15 | €25,871 | €16,749 | -€9,122 | -35.3% |
| Contributions | 10/11 | €18,550 | €6,200 | -€12,350 | -66.6% |
| Reserves | 13 | €390 | €390 | = | 0.0% |
| Distributable reserves | 133 | €390 | €390 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,931 | €10,159 | +€3,228 | +46.6% |
| Amounts payable | 17/49 | €5,780 | €10,396 | +€4,616 | +79.9% |
| Amounts payable within one year | 42/48 | €5,780 | €10,396 | +€4,616 | +79.9% |
| Trade debts | 44 | €1,285 | €3,761 | +€2,476 | +192.6% |
| Suppliers | 440/4 | €1,285 | €3,761 | +€2,476 | +192.6% |
| Taxes, remuneration and social security | 45 | €183 | €1,201 | +€1,018 | +556.4% |
| Taxes | 450/3 | €183 | €1,201 | +€1,018 | +556.4% |
| Other amounts payable | 47/48 | €4,312 | €5,433 | +€1,122 | +26.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €654 | €939 | +€286 | +43.7% |
| Other operating charges | 640/8 | €681 | €705 | +€24 | +3.5% |
| Gross operating margin | 9900 | -€90 | €7,815 | +€7,904 | |
| Operating profit (loss) | 9901 | -€1,424 | €6,170 | +€7,595 | |
| Financial income | 75/76B | €20 | €1,015 | +€995 | +4959.1% |
| Recurring financial income | 75 | €20 | €1,015 | +€995 | +4959.1% |
| Financial charges | 65/66B | €2,137 | €2,187 | +€50 | +2.3% |
| Recurring financial charges | 65 | €2,137 | €2,187 | +€50 | +2.3% |
| Profit (loss) for the period before taxes | 9903 | -€3,542 | €4,998 | +€8,540 | |
| Income taxes | 67/77 | €180 | €1,771 | +€1,591 | +884.2% |
| Profit (loss) for the period | 9904 | -€3,722 | €3,228 | +€6,949 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,722 | €3,228 | +€6,949 |
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 10 October 2026 via checked.be.