FLEX GROUP: 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 GROUP
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Profit (loss) carried forward +€3.1m
up €3.1m (+1035.0%), from €295,857 to €3.4m
- Contributions -€2.6m
down €2.6m (-97.7%), from €2.7m to €61,500
- Other debts -€347,969
down €347,969 (-30.7%), from €1.1m to €786,981
- Trade debts -€60,564
down €60,564 (-98.1%), from €61,727 to €1,163
- Financial income +€3.1m
up €3.1m, from €0 to €3.1m
- Services and other goods -€89,041
down €89,041 (-89.6%), from €99,335 to €10,294
- Other operating income -€7,500
down €7,500 (-100.0%), from €7,500 to €0
- Financial charges -€284
down €284 (-3.2%), from €8,794 to €8,510
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 | €4,249,717 | €4,264,418 | +€14,701 | +0.3% |
| Fixed assets | 21/28 | €4,221,880 | €4,240,830 | +€18,950 | +0.4% |
| Financial fixed assets | 28 | €4,221,880 | €4,240,830 | +€18,950 | +0.4% |
| Affiliated companies | 280/1 | €4,221,880 | €4,240,830 | +€18,950 | +0.4% |
| Participating interests | 280 | €4,221,880 | €4,240,830 | +€18,950 | +0.4% |
| Current assets | 29/58 | €27,837 | €23,587 | -€4,249 | -15.3% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €23,414 | €20,680 | -€2,735 | -11.7% |
| Trade receivables | 40 | €1,050 | €2,420 | +€1,370 | +130.5% |
| Other amounts receivable | 41 | €22,364 | €18,260 | -€4,105 | -18.4% |
| Cash at bank and in hand | 54/58 | €4,422 | €2,908 | -€1,514 | -34.2% |
| Total equity and liabilities | 10/49 | €4,249,717 | €4,264,418 | +€14,701 | +0.3% |
| Equity | 10/15 | €3,044,580 | €3,468,171 | +€423,590 | +13.9% |
| Contributions | 10/11 | €2,700,000 | €61,500 | -€2.6m | -97.7% |
| Capital | 10 | €2,700,000 | €61,500 | -€2.6m | -97.7% |
| Issued capital | 100 | €2,700,000 | €61,500 | -€2.6m | -97.7% |
| Reserves | 13 | €48,724 | €48,724 | = | 0.0% |
| Non-distributable reserves | 130/1 | €48,724 | €48,724 | = | 0.0% |
| Legal reserve | 130 | €48,724 | €48,724 | = | 0.0% |
| Profit (loss) carried forward | 14 | €295,857 | €3,357,947 | +€3.1m | +1035.0% |
| Amounts payable | 17/49 | €1,205,136 | €796,247 | -€408,890 | -33.9% |
| Amounts payable within one year | 42/48 | €1,196,677 | €788,144 | -€408,534 | -34.1% |
| Trade debts | 44 | €61,727 | €1,163 | -€60,564 | -98.1% |
| Suppliers | 440/4 | €61,727 | €1,163 | -€60,564 | -98.1% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,134,950 | €786,981 | -€347,969 | -30.7% |
| Accrued charges and deferred income | 492/3 | €8,459 | €8,103 | -€356 | -4.2% |
| Operating income | 70/76A | €19,500 | €12,000 | -€7,500 | -38.5% |
| Turnover | 70 | €12,000 | €12,000 | = | 0.0% |
| Other operating income | 74 | €7,500 | €0 | -€7,500 | -100.0% |
| Operating charges | 60/66A | €100,412 | €11,400 | -€89,012 | -88.6% |
| Services and other goods | 61 | €99,335 | €10,294 | -€89,041 | -89.6% |
| Other operating charges | 640/8 | €1,077 | €1,106 | +€29 | +2.7% |
| Operating profit (loss) | 9901 | -€80,912 | €600 | +€81,512 | |
| Financial income | 75/76B | €0 | €3,070,000 | +€3.1m | |
| Recurring financial income | 75 | €0 | €3,070,000 | +€3.1m | |
| Income from financial fixed assets | 750 | €0 | €3,070,000 | +€3.1m | |
| Other financial income | 752/9 | - | €0 | +€0 | |
| Financial charges | 65/66B | €8,794 | €8,510 | -€284 | -3.2% |
| Recurring financial charges | 65 | €8,794 | €8,510 | -€284 | -3.2% |
| Debt charges | 650 | €8,459 | €8,103 | -€356 | -4.2% |
| Other financial charges | 652/9 | €335 | €407 | +€72 | +21.5% |
| Profit (loss) for the period before taxes | 9903 | -€89,706 | €3,062,090 | +€3.2m | |
| Profit (loss) for the period | 9904 | -€89,706 | €3,062,090 | +€3.2m | |
| Profit (loss) for the period to be appropriated | 9905 | -€89,706 | €3,062,090 | +€3.2m |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.