FLEX DRIVE: what changed
Two fiscal 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.
FLEX DRIVE
Largest movements
- Cash +€7,384
up €7,384 (+163.6%), from €4,513 to €11,897
mainly Depreciation (+€5,561) and Net result for the year (+€3,357)
- Tangible fixed assets -€4,387
down €4,387 (-29.9%), from €14,694 to €10,306
of which Furniture and vehicles: -€5,250
- Receivables within one year +€1,561
up €1,561 (+75.0%), from €2,081 to €3,642
of which Trade receivables: +€1,408
- Deferred charges and accrued income +€561
up €561 (+52.0%), from €1,079 to €1,640
- Profit (loss) carried forward +€3,357
up €3,357, from -€2,166 to €1,191
- Trade debts +€1,240
up €1,240 (+124.5%), from €996 to €2,236
- Tax, wage and social debts +€409
new in 2025: €409
- Gross operating margin +€2,216
up €2,216 (+28.4%), from €7,814 to €10,030
- Depreciation +€655
up €655 (+13.4%), from €4,906 to €5,561
- Taxes +€409
new in 2025: €409
- Other operating charges +€318
up €318 (+91.9%), from €346 to €664
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 | €22,367 | €27,485 | +€5,119 | +22.9% |
| Fixed assets | 21/28 | €14,694 | €10,306 | -€4,387 | -29.9% |
| Tangible fixed assets | 22/27 | €14,694 | €10,306 | -€4,387 | -29.9% |
| Plant, machinery and equipment | 23 | - | €863 | +€863 | |
| Furniture and vehicles | 24 | €14,694 | €9,444 | -€5,250 | -35.7% |
| Current assets | 29/58 | €7,673 | €17,179 | +€9,506 | +123.9% |
| Amounts receivable within one year | 40/41 | €2,081 | €3,642 | +€1,561 | +75.0% |
| Trade receivables | 40 | €1,929 | €3,338 | +€1,408 | +73.0% |
| Other amounts receivable | 41 | €152 | €305 | +€153 | +101.0% |
| Cash at bank and in hand | 54/58 | €4,513 | €11,897 | +€7,384 | +163.6% |
| Deferred charges and accrued income | 490/1 | €1,079 | €1,640 | +€561 | +52.0% |
| Total equity and liabilities | 10/49 | €22,367 | €27,485 | +€5,119 | +22.9% |
| Equity | 10/15 | €12,834 | €16,191 | +€3,357 | +26.2% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,166 | €1,191 | +€3,357 | |
| Amounts payable | 17/49 | €9,533 | €11,295 | +€1,762 | +18.5% |
| Amounts payable within one year | 42/48 | €9,533 | €11,295 | +€1,762 | +18.5% |
| Trade debts | 44 | €996 | €2,236 | +€1,240 | +124.5% |
| Suppliers | 440/4 | €996 | €2,236 | +€1,240 | +124.5% |
| Advances received on contracts in progress | 46 | €2,045 | €2,045 | = | 0.0% |
| Taxes, remuneration and social security | 45 | - | €409 | +€409 | |
| Taxes | 450/3 | - | €409 | +€409 | |
| Other amounts payable | 47/48 | €6,491 | €6,605 | +€113 | +1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,906 | €5,561 | +€655 | +13.4% |
| Other operating charges | 640/8 | €346 | €664 | +€318 | +91.9% |
| Gross operating margin | 9900 | €7,814 | €10,030 | +€2,216 | +28.4% |
| Operating profit (loss) | 9901 | €2,563 | €3,806 | +€1,243 | +48.5% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €54 | €40 | -€13 | -24.5% |
| Recurring financial charges | 65 | €54 | €40 | -€13 | -24.5% |
| Profit (loss) for the period before taxes | 9903 | €2,510 | €3,765 | +€1,256 | +50.0% |
| Income taxes | 67/77 | - | €409 | +€409 | |
| Profit (loss) for the period | 9904 | €2,510 | €3,357 | +€847 | +33.7% |
| Profit (loss) for the period to be appropriated | 9905 | €2,510 | €3,357 | +€847 | +33.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.