FLEX HOME: 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 HOME
Largest movements
- Receivables within one year -€24,836
down €24,836 (-39.8%), from €62,427 to €37,591
of which Trade receivables: -€25,793
- Tangible fixed assets -€7,582
down €7,582 (-2.3%), from €327,007 to €319,425
of which Land and buildings: -€8,212
- Tax, wage and social debts +€41,431
up €41,431 (+1141.4%), from €3,630 to €45,061
of which Remuneration and social security: +€22,800
- Trade debts -€31,289
down €31,289 (-92.1%), from €33,989 to €2,700
- Debts after one year -€27,076
down €27,076 (-11.2%), from €241,495 to €214,419
- Other debts -€18,856
down €18,856 (-13.3%), from €141,620 to €122,764
- Profit (loss) carried forward +€11,954
up €11,954 (+18.1%), from -€66,079 to -€54,125
- Gross operating margin -€14,060
down €14,060 (-23.8%), from €59,074 to €45,015
- Depreciation -€8,631
down €8,631 (-35.0%), from €24,665 to €16,033
- Taxes +€1,872
up €1,872 (+101.3%), from €1,848 to €3,719
- Other operating charges +€1,306
up €1,306 (+29.9%), from €4,365 to €5,670
- Financial charges -€837
down €837 (-9.7%), from €8,598 to €7,761
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 | €401,150 | €368,719 | -€32,432 | -8.1% |
| Fixed assets | 21/28 | €332,007 | €324,425 | -€7,582 | -2.3% |
| Tangible fixed assets | 22/27 | €327,007 | €319,425 | -€7,582 | -2.3% |
| Land and buildings | 22 | €320,089 | €311,878 | -€8,212 | -2.6% |
| Plant, machinery and equipment | 23 | €1,418 | €2,047 | +€629 | +44.4% |
| Other tangible fixed assets | 26 | €5,500 | €5,500 | = | 0.0% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €69,143 | €44,294 | -€24,849 | -35.9% |
| Amounts receivable within one year | 40/41 | €62,427 | €37,591 | -€24,836 | -39.8% |
| Trade receivables | 40 | €62,427 | €36,634 | -€25,793 | -41.3% |
| Other amounts receivable | 41 | - | €957 | +€957 | |
| Current investments | 50/53 | €2,000 | €2,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €3,663 | €3,261 | -€402 | -11.0% |
| Deferred charges and accrued income | 490/1 | €1,053 | €1,442 | +€389 | +37.0% |
| Total equity and liabilities | 10/49 | €401,150 | €368,719 | -€32,432 | -8.1% |
| Equity | 10/15 | -€58,019 | -€46,065 | +€11,954 | +20.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€66,079 | -€54,125 | +€11,954 | +18.1% |
| Amounts payable | 17/49 | €459,170 | €414,784 | -€44,386 | -9.7% |
| Amounts payable after more than one year | 17 | €241,495 | €214,419 | -€27,076 | -11.2% |
| Financial debts | 170/4 | €241,495 | €214,419 | -€27,076 | -11.2% |
| Amounts payable within one year | 42/48 | €215,755 | €198,631 | -€17,124 | -7.9% |
| Current portion of amounts payable after more than one year | 42 | €28,516 | €27,076 | -€1,440 | -5.1% |
| Trade debts | 44 | €33,989 | €2,700 | -€31,289 | -92.1% |
| Suppliers | 440/4 | €33,989 | €2,700 | -€31,289 | -92.1% |
| Advances received on contracts in progress | 46 | €8,000 | €1,030 | -€6,970 | -87.1% |
| Taxes, remuneration and social security | 45 | €3,630 | €45,061 | +€41,431 | +1141.4% |
| Taxes | 450/3 | €3,630 | €22,261 | +€18,631 | +513.3% |
| Remuneration and social security | 454/9 | - | €22,800 | +€22,800 | |
| Other amounts payable | 47/48 | €141,620 | €122,764 | -€18,856 | -13.3% |
| Accrued charges and deferred income | 492/3 | €1,920 | €1,733 | -€187 | -9.7% |
| Non-recurring operating income | 76A | €5,147 | - | -€5,147 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,665 | €16,033 | -€8,631 | -35.0% |
| Other operating charges | 640/8 | €4,365 | €5,670 | +€1,306 | +29.9% |
| Gross operating margin | 9900 | €59,074 | €45,015 | -€14,060 | -23.8% |
| Operating profit (loss) | 9901 | €30,045 | €23,311 | -€6,734 | -22.4% |
| Financial income | 75/76B | - | €124 | +€124 | |
| Recurring financial income | 75 | - | €124 | +€124 | |
| Financial charges | 65/66B | €8,598 | €7,761 | -€837 | -9.7% |
| Recurring financial charges | 65 | €8,598 | €7,761 | -€837 | -9.7% |
| Profit (loss) for the period before taxes | 9903 | €21,447 | €15,674 | -€5,773 | -26.9% |
| Income taxes | 67/77 | €1,848 | €3,719 | +€1,872 | +101.3% |
| Profit (loss) for the period | 9904 | €19,599 | €11,954 | -€7,645 | -39.0% |
| Profit (loss) for the period to be appropriated | 9905 | €19,599 | €11,954 | -€7,645 | -39.0% |
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.