flex-nside: 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-nside
Largest movements
- Receivables within one year +€59,073
up €59,073 (+93.4%), from €63,243 to €122,316
of which Trade receivables: +€59,655
- Tangible fixed assets +€32,482
up €32,482 (+10.7%), from €304,306 to €336,788
of which Leasing and similar rights: +€51,121
- Other debts +€63,691
up €63,691 (+17.1%), from €372,628 to €436,319
- Debts after one year +€25,677
up €25,677 (+192%), from €13,386 to €39,063
- Trade debts -€12,769
down €12,769 (-80.5%), from €15,864 to €3,095
- Current portion of long-term debt +€9,972
up €9,972 (+91.2%), from €10,930 to €20,902
- Depreciation +€7,826
up €7,826 (+17.9%), from €43,705 to €51,531
- Gross operating margin +€3,436
up €3,436 (+3.6%), from €95,548 to €98,984
- Staff costs -€1,455
down €1,455 (-3.5%), from €41,776 to €40,321
- Financial charges +€996
up €996 (+191%), from €521 to €1,517
From the 2023 result to the 2024 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.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €370,821 | €461,753 | +€90,932 | +24.5% |
| Fixed assets | 21/28 | €304,806 | €337,288 | +€32,482 | +10.7% |
| Tangible fixed assets | 22/27 | €304,306 | €336,788 | +€32,482 | +10.7% |
| Plant, machinery and equipment | 23 | €7,978 | €8,117 | +€139 | +1.7% |
| Furniture and vehicles | 24 | €7,248 | €5,822 | -€1,426 | -19.7% |
| Leasing and similar rights | 25 | €22,453 | €73,574 | +€51,121 | +228% |
| Other tangible fixed assets | 26 | €266,627 | €249,275 | -€17,352 | -6.5% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €66,015 | €124,465 | +€58,450 | +88.5% |
| Amounts receivable within one year | 40/41 | €63,243 | €122,316 | +€59,073 | +93.4% |
| Trade receivables | 40 | €62,661 | €122,316 | +€59,655 | +95.2% |
| Other amounts receivable | 41 | €582 | - | -€582 | |
| Cash at bank and in hand | 54/58 | €2,772 | €2,149 | -€623 | -22.5% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €370,821 | €461,753 | +€90,932 | +24.5% |
| Equity | 10/15 | -€59,511 | -€58,764 | +€747 | +1.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€78,111 | -€77,364 | +€747 | +1.0% |
| Amounts payable | 17/49 | €430,332 | €520,517 | +€90,185 | +21.0% |
| Amounts payable after more than one year | 17 | €13,386 | €39,063 | +€25,677 | +192% |
| Financial debts | 170/4 | €13,386 | €39,063 | +€25,677 | +192% |
| Amounts payable within one year | 42/48 | €416,946 | €481,454 | +€64,508 | +15.5% |
| Current portion of amounts payable after more than one year | 42 | €10,930 | €20,902 | +€9,972 | +91.2% |
| Trade debts | 44 | €15,864 | €3,095 | -€12,769 | -80.5% |
| Suppliers | 440/4 | €15,864 | €3,095 | -€12,769 | -80.5% |
| Advances received on contracts in progress | 46 | - | €2,649 | +€2,649 | |
| Taxes, remuneration and social security | 45 | €17,524 | €18,489 | +€965 | +5.5% |
| Taxes | 450/3 | €16,315 | €6,195 | -€10,120 | -62.0% |
| Remuneration and social security | 454/9 | €1,209 | €12,294 | +€11,085 | +917% |
| Other amounts payable | 47/48 | €372,628 | €436,319 | +€63,691 | +17.1% |
| Remuneration, social security and pensions | 62 | €41,776 | €40,321 | -€1,455 | -3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,705 | €51,531 | +€7,826 | +17.9% |
| Other operating charges | 640/8 | €4,921 | €4,868 | -€53 | -1.1% |
| Gross operating margin | 9900 | €95,548 | €98,984 | +€3,436 | +3.6% |
| Operating profit (loss) | 9901 | €5,146 | €2,264 | -€2,882 | -56.0% |
| Financial charges | 65/66B | €521 | €1,517 | +€996 | +191% |
| Recurring financial charges | 65 | €521 | €1,517 | +€996 | +191% |
| Profit (loss) for the period before taxes | 9903 | €4,625 | €747 | -€3,878 | -83.8% |
| Profit (loss) for the period | 9904 | €4,625 | €747 | -€3,878 | -83.8% |
| Profit (loss) for the period to be appropriated | 9905 | €4,625 | €747 | -€3,878 | -83.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.