FLEX PHONE: 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 PHONE
Largest movements
- Cash -€9,768
down €9,768 (-53.0%), from €18,421 to €8,653
mainly Net result for the year (-€24,611) and Trade debts (-€5,330)
- Tangible fixed assets -€5,186
down €5,186 (-53.3%), from €9,721 to €4,536
of which Furniture and vehicles: -€5,186
- Stocks and contracts +€4,850
up €4,850 (+43.2%), from €11,220 to €16,070
- Receivables within one year +€3,571
up €3,571 (+33.3%), from €10,718 to €14,289
of which Other amounts receivable: +€3,906
- Deferred charges and accrued income +€536
new in 2025: €536
- Other debts +€27,157
up €27,157 (+80.0%), from €33,940 to €61,097
- Profit (loss) carried forward -€24,611
down €24,611 (-814.6%), from -€3,021 to -€27,633
- Trade debts -€5,330
down €5,330 (-58.9%), from €9,042 to €3,712
- Tax, wage and social debts -€3,212
down €3,212 (-100.0%), from €3,212 to €0
of which Taxes: -€3,212
- Staff costs -€28,760
down €28,760 (-37.4%), from €76,843 to €48,083
- Turnover -€28,263
down €28,263 (-12.3%), from €229,931 to €201,668
- Purchases and services -€15,956
down €15,956 (-7.8%), from €205,695 to €189,740
- Gross operating margin -€14,162
down €14,162 (-28.2%), from €50,186 to €36,025
- Taxes +€4,096
up €4,096 (+1443.8%), from €284 to €4,380
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 | €50,080 | €44,084 | -€5,996 | -12.0% |
| Fixed assets | 21/28 | €9,721 | €4,536 | -€5,186 | -53.3% |
| Tangible fixed assets | 22/27 | €9,721 | €4,536 | -€5,186 | -53.3% |
| Plant, machinery and equipment | 23 | €3,880 | €3,880 | = | 0.0% |
| Furniture and vehicles | 24 | €5,842 | €656 | -€5,186 | -88.8% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Current assets | 29/58 | €40,359 | €39,548 | -€811 | -2.0% |
| Stocks and contracts in progress | 3 | €11,220 | €16,070 | +€4,850 | +43.2% |
| Stocks | 30/36 | €11,220 | €16,070 | +€4,850 | +43.2% |
| Amounts receivable within one year | 40/41 | €10,718 | €14,289 | +€3,571 | +33.3% |
| Trade receivables | 40 | €8,541 | €8,207 | -€334 | -3.9% |
| Other amounts receivable | 41 | €2,176 | €6,082 | +€3,906 | +179.5% |
| Cash at bank and in hand | 54/58 | €18,421 | €8,653 | -€9,768 | -53.0% |
| Deferred charges and accrued income | 490/1 | - | €536 | +€536 | |
| Total equity and liabilities | 10/49 | €50,080 | €44,084 | -€5,996 | -12.0% |
| Equity | 10/15 | €3,886 | -€20,725 | -€24,611 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €707 | €707 | = | 0.0% |
| Non-distributable reserves | 130/1 | €707 | €707 | = | 0.0% |
| Legal reserve | 130 | €707 | €707 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,021 | -€27,633 | -€24,611 | -814.6% |
| Amounts payable | 17/49 | €46,194 | €64,809 | +€18,615 | +40.3% |
| Amounts payable within one year | 42/48 | €46,194 | €64,809 | +€18,615 | +40.3% |
| Current portion of amounts payable after more than one year | 42 | €0 | €0 | = | |
| Trade debts | 44 | €9,042 | €3,712 | -€5,330 | -58.9% |
| Suppliers | 440/4 | €9,042 | €3,712 | -€5,330 | -58.9% |
| Taxes, remuneration and social security | 45 | €3,212 | €0 | -€3,212 | -100.0% |
| Taxes | 450/3 | €3,212 | €0 | -€3,212 | -100.0% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €33,940 | €61,097 | +€27,157 | +80.0% |
| Turnover | 70 | €229,931 | €201,668 | -€28,263 | -12.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €205,695 | €189,740 | -€15,956 | -7.8% |
| Remuneration, social security and pensions | 62 | €76,843 | €48,083 | -€28,760 | -37.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,186 | €5,186 | -€1,000 | -16.2% |
| Other operating charges | 640/8 | €966 | €2,838 | +€1,872 | +193.7% |
| Gross operating margin | 9900 | €50,186 | €36,025 | -€14,162 | -28.2% |
| Operating profit (loss) | 9901 | -€33,809 | -€20,082 | +€13,727 | +40.6% |
| Financial charges | 65/66B | €1,637 | €150 | -€1,487 | -90.8% |
| Recurring financial charges | 65 | €1,637 | €150 | -€1,487 | -90.8% |
| Profit (loss) for the period before taxes | 9903 | -€35,445 | -€20,232 | +€15,214 | +42.9% |
| Income taxes | 67/77 | €284 | €4,380 | +€4,096 | +1443.8% |
| Profit (loss) for the period | 9904 | -€35,729 | -€24,611 | +€11,118 | +31.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€35,729 | -€24,611 | +€11,118 | +31.1% |
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 9 October 2026 via checked.be.