FLEX OFFICE: 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 OFFICE
Largest movements
- Tangible fixed assets -€10,879
down €10,879 (-7.8%), from €138,681 to €127,802
of which Other tangible fixed assets: -€10,279
- Receivables after one year -€7,289
no longer reported in 2025 (was €7,289)
- Debts after one year -€23,830
down €23,830 (-10.1%), from €235,823 to €211,992
- Tax, wage and social debts +€3,905
up €3,905 (+21.1%), from €18,494 to €22,398
of which Taxes: +€3,647
- Gross operating margin -€14,096
down €14,096 (-18.1%), from €77,913 to €63,817
- Staff costs +€4,800
up €4,800 (+14.6%), from €32,973 to €37,773
- Other operating charges -€1,463
down €1,463 (-58.9%), from €2,482 to €1,019
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.
Derived cash bridge
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 | €342,553 | €326,768 | -€15,785 | -4.6% |
| Fixed assets | 21/28 | €326,956 | €316,076 | -€10,879 | -3.3% |
| Tangible fixed assets | 22/27 | €138,681 | €127,802 | -€10,879 | -7.8% |
| Plant, machinery and equipment | 23 | €728 | €128 | -€600 | -82.4% |
| Other tangible fixed assets | 26 | €137,952 | €127,673 | -€10,279 | -7.5% |
| Financial fixed assets | 28 | €188,275 | €188,275 | = | 0.0% |
| Current assets | 29/58 | €15,598 | €10,692 | -€4,905 | -31.5% |
| Amounts receivable after more than one year | 29 | €7,289 | - | -€7,289 | |
| Other amounts receivable | 291 | €7,289 | - | -€7,289 | |
| Amounts receivable within one year | 40/41 | €4,884 | €5,775 | +€891 | +18.2% |
| Trade receivables | 40 | €4,134 | €5,775 | +€1,641 | +39.7% |
| Other amounts receivable | 41 | €750 | - | -€750 | |
| Cash at bank and in hand | 54/58 | €387 | €472 | +€85 | +22.1% |
| Deferred charges and accrued income | 490/1 | €3,038 | €4,445 | +€1,407 | +46.3% |
| Total equity and liabilities | 10/49 | €342,553 | €326,768 | -€15,785 | -4.6% |
| Equity | 10/15 | €84,437 | €83,814 | -€623 | -0.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €65,837 | €65,214 | -€623 | -0.9% |
| Distributable reserves | 133 | €65,837 | €65,214 | -€623 | -0.9% |
| Amounts payable | 17/49 | €258,116 | €242,955 | -€15,162 | -5.9% |
| Amounts payable after more than one year | 17 | €235,823 | €211,992 | -€23,830 | -10.1% |
| Other amounts payable | 178/9 | €235,823 | €211,992 | -€23,830 | -10.1% |
| Amounts payable within one year | 42/48 | €22,294 | €30,962 | +€8,669 | +38.9% |
| Trade debts | 44 | €3,800 | €7,005 | +€3,205 | +84.4% |
| Suppliers | 440/4 | €3,800 | €7,005 | +€3,205 | +84.4% |
| Taxes, remuneration and social security | 45 | €18,494 | €22,398 | +€3,905 | +21.1% |
| Taxes | 450/3 | €9,300 | €12,947 | +€3,647 | +39.2% |
| Remuneration and social security | 454/9 | €9,194 | €9,452 | +€258 | +2.8% |
| Other amounts payable | 47/48 | - | €1,559 | +€1,559 | |
| Remuneration, social security and pensions | 62 | €32,973 | €37,773 | +€4,800 | +14.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,728 | €22,086 | -€642 | -2.8% |
| Other operating charges | 640/8 | €2,482 | €1,019 | -€1,463 | -58.9% |
| Gross operating margin | 9900 | €77,913 | €63,817 | -€14,096 | -18.1% |
| Operating profit (loss) | 9901 | €19,730 | €2,938 | -€16,792 | -85.1% |
| Financial income | 75/76B | €547 | €1 | -€546 | -99.9% |
| Recurring financial income | 75 | €547 | €1 | -€546 | -99.9% |
| Financial charges | 65/66B | €161 | €153 | -€8 | -5.2% |
| Recurring financial charges | 65 | €161 | €153 | -€8 | -5.2% |
| Profit (loss) for the period before taxes | 9903 | €20,115 | €2,786 | -€17,329 | -86.1% |
| Income taxes | 67/77 | €3,355 | €3,409 | +€54 | +1.6% |
| Profit (loss) for the period | 9904 | €16,760 | -€623 | -€17,383 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,760 | -€623 | -€17,383 |
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 13 October 2026 via checked.be.