FLEX MS: 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 MS
Largest movements
- Stocks and contracts +€71,396
new in 2022: €71,396
- Receivables within one year +€16,842
up €16,842 (+65.7%), from €25,641 to €42,482
of which Trade receivables: +€10,687
- Financial fixed assets +€5,000
up €5,000 (+833.3%), from €600 to €5,600
- Other debts +€49,230
up €49,230 (+2732.6%), from €1,802 to €51,032
- Trade debts +€40,931
up €40,931 (+2179.1%), from €1,878 to €42,810
- Profit (loss) carried forward +€2,776
up €2,776 (+51.4%), from €5,404 to €8,180
- Gross operating margin -€1,910
down €1,910 (-27.9%), from €6,853 to €4,943
- Other operating charges -€1,576
down €1,576 (-86.5%), from €1,821 to €245
- Financial charges +€640
up €640 (+1094.2%), from €58 to €698
- Taxes -€537
down €537 (-41.6%), from €1,291 to €754
- Depreciation -€94
down €94 (-16.7%), from €564 to €470
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €30,226 | €123,917 | +€93,691 | +310.0% |
| Fixed assets | 21/28 | €1,541 | €6,070 | +€4,530 | +294.0% |
| Tangible fixed assets | 22/27 | €941 | €470 | -€470 | -50.0% |
| Plant, machinery and equipment | 23 | €941 | €470 | -€470 | -50.0% |
| Financial fixed assets | 28 | €600 | €5,600 | +€5,000 | +833.3% |
| Current assets | 29/58 | €28,685 | €117,847 | +€89,162 | +310.8% |
| Stocks and contracts in progress | 3 | - | €71,396 | +€71,396 | |
| Stocks | 30/36 | - | €71,396 | +€71,396 | |
| Amounts receivable within one year | 40/41 | €25,641 | €42,482 | +€16,842 | +65.7% |
| Trade receivables | 40 | €23,569 | €34,256 | +€10,687 | +45.3% |
| Other amounts receivable | 41 | €2,071 | €8,226 | +€6,154 | +297.1% |
| Cash at bank and in hand | 54/58 | €2,963 | €3,887 | +€924 | +31.2% |
| Deferred charges and accrued income | 490/1 | €82 | €82 | = | 0.0% |
| Total equity and liabilities | 10/49 | €30,226 | €123,917 | +€93,691 | +310.0% |
| Equity | 10/15 | €24,025 | €26,801 | +€2,776 | +11.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €21 | €21 | = | 0.0% |
| Non-distributable reserves | 130/1 | €21 | €21 | = | 0.0% |
| Reserves not available under the articles | 1311 | €21 | €21 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,404 | €8,180 | +€2,776 | +51.4% |
| Amounts payable | 17/49 | €6,201 | €97,116 | +€90,915 | +1466.2% |
| Amounts payable within one year | 42/48 | €6,201 | €97,116 | +€90,915 | +1466.2% |
| Trade debts | 44 | €1,878 | €42,810 | +€40,931 | +2179.1% |
| Suppliers | 440/4 | €1,878 | €42,810 | +€40,931 | +2179.1% |
| Taxes, remuneration and social security | 45 | €2,521 | €3,275 | +€754 | +29.9% |
| Taxes | 450/3 | €2,521 | €3,275 | +€754 | +29.9% |
| Other amounts payable | 47/48 | €1,802 | €51,032 | +€49,230 | +2732.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €564 | €470 | -€94 | -16.7% |
| Other operating charges | 640/8 | €1,821 | €245 | -€1,576 | -86.5% |
| Gross operating margin | 9900 | €6,853 | €4,943 | -€1,910 | -27.9% |
| Operating profit (loss) | 9901 | €4,468 | €4,228 | -€240 | -5.4% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €58 | €698 | +€640 | +1094.2% |
| Recurring financial charges | 65 | €58 | €698 | +€640 | +1094.2% |
| Profit (loss) for the period before taxes | 9903 | €4,410 | €3,530 | -€880 | -20.0% |
| Income taxes | 67/77 | €1,291 | €754 | -€537 | -41.6% |
| Profit (loss) for the period | 9904 | €3,119 | €2,776 | -€343 | -11.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,119 | €2,776 | -€343 | -11.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.