Flex Estate: 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.
Flex Estate
Largest movements
- Cash +€14,965
up €14,965 (+132672.3%), from €11 to €14,977
mainly Tax, wage and social debts (+€11,969) and Net result for the year (+€11,164)
- Receivables within one year +€11,163
up €11,163 (+118.3%), from €9,440 to €20,603
of which Trade receivables: +€12,027
- Tangible fixed assets -€919
down €919 (-27.3%), from €3,369 to €2,450
- Tax, wage and social debts +€11,969
up €11,969 (+911.7%), from €1,313 to €13,281
of which Taxes: +€11,529
- Other debts +€8,484
up €8,484 (+631.8%), from €1,343 to €9,827
- Reserves +€2,912
new in 2025: €2,912
- Trade debts +€1,957
up €1,957 (+468.9%), from €417 to €2,375
- Gross operating margin +€9,361
up €9,361 (+102.6%), from €9,122 to €18,483
- Taxes +€4,243
up €4,243 (+653.2%), from €650 to €4,893
- Financial charges +€703
up €703 (+1018.0%), from €69 to €772
- Depreciation +€331
up €331 (+56.3%), from €588 to €919
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 | €12,821 | €38,394 | +€25,573 | +199.5% |
| Fixed assets | 21/28 | €3,369 | €2,450 | -€919 | -27.3% |
| Tangible fixed assets | 22/27 | €3,369 | €2,450 | -€919 | -27.3% |
| Furniture and vehicles | 24 | €3,369 | €2,450 | -€919 | -27.3% |
| Current assets | 29/58 | €9,451 | €35,944 | +€26,493 | +280.3% |
| Amounts receivable within one year | 40/41 | €9,440 | €20,603 | +€11,163 | +118.3% |
| Trade receivables | 40 | €8,440 | €20,467 | +€12,027 | +142.5% |
| Other amounts receivable | 41 | €1,000 | €136 | -€865 | -86.5% |
| Cash at bank and in hand | 54/58 | €11 | €14,977 | +€14,965 | +132672.3% |
| Deferred charges and accrued income | 490/1 | - | €364 | +€364 | |
| Total equity and liabilities | 10/49 | €12,821 | €38,394 | +€25,573 | +199.5% |
| Equity | 10/15 | €9,748 | €12,912 | +€3,164 | +32.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | - | €2,912 | +€2,912 | |
| Distributable reserves | 133 | - | €2,912 | +€2,912 | |
| Profit (loss) carried forward | 14 | -€252 | €0 | +€252 | |
| Amounts payable | 17/49 | €3,073 | €25,482 | +€22,410 | +729.3% |
| Amounts payable within one year | 42/48 | €3,073 | €25,482 | +€22,410 | +729.3% |
| Trade debts | 44 | €417 | €2,375 | +€1,957 | +468.9% |
| Suppliers | 440/4 | €417 | €2,375 | +€1,957 | +468.9% |
| Taxes, remuneration and social security | 45 | €1,313 | €13,281 | +€11,969 | +911.7% |
| Taxes | 450/3 | €1,313 | €12,842 | +€11,529 | +878.3% |
| Remuneration and social security | 454/9 | - | €439 | +€439 | |
| Other amounts payable | 47/48 | €1,343 | €9,827 | +€8,484 | +631.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €588 | €919 | +€331 | +56.3% |
| Other operating charges | 640/8 | €732 | €754 | +€22 | +3.0% |
| Gross operating margin | 9900 | €9,122 | €18,483 | +€9,361 | +102.6% |
| Operating profit (loss) | 9901 | €7,802 | €16,810 | +€9,008 | +115.5% |
| Financial income | 75/76B | - | €18 | +€18 | |
| Recurring financial income | 75 | - | €18 | +€18 | |
| Financial charges | 65/66B | €69 | €772 | +€703 | +1018.0% |
| Recurring financial charges | 65 | €69 | €772 | +€703 | +1018.0% |
| Profit (loss) for the period before taxes | 9903 | €7,733 | €16,056 | +€8,324 | +107.6% |
| Income taxes | 67/77 | €650 | €4,893 | +€4,243 | +653.2% |
| Profit (loss) for the period | 9904 | €7,083 | €11,164 | +€4,081 | +57.6% |
| Profit (loss) for the period to be appropriated | 9905 | €7,083 | €11,164 | +€4,081 | +57.6% |
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 12 October 2026 via checked.be.