FLEX POWER TOOLS: 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 POWER TOOLS
Largest movements
- Cash +€175,286
up €175,286 (+41.9%), from €418,347 to €593,633
mainly Contributions, distributions and other (+€1.0m) and Receivables within one year (+€108,212)
- Receivables within one year -€108,212
down €108,212 (-18.7%), from €579,552 to €471,341
of which Trade receivables: -€106,421
- Stocks and contracts -€62,257
down €62,257 (-38.3%), from €162,350 to €100,094
- Financial fixed assets +€14,804
up €14,804 (+1,480%), from €1,000 to €15,804
- Contributions +€1.0m
up €1.0m (+221%), from €451,676 to €1.5m
- Profit (loss) carried forward -€515,344
down €515,344 (-37.8%), from -€1.4m to -€1.9m
- Other debts -€260,902
down €260,902 (-94.6%), from €275,706 to €14,804
- Trade debts -€193,511
down €193,511 (-12.6%), from €1.5m to €1.3m
- Tax, wage and social debts -€27,181
down €27,181 (-10.2%), from €265,979 to €238,798
of which Taxes: -€18,073
- Staff costs +€138,936
up €138,936 (+12.6%), from €1.1m to €1.2m
- Gross operating margin -€122,360
down €122,360 (-11.2%), from €1.1m to €966,448
- Write-downs +€17,864
up €17,864 (+24.1%), from €74,092 to €91,956
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 | €1,184,051 | €1,195,923 | +€11,872 | +1.0% |
| Fixed assets | 21/28 | €21,029 | €28,603 | +€7,574 | +36.0% |
| Tangible fixed assets | 22/27 | €20,029 | €12,799 | -€7,230 | -36.1% |
| Plant, machinery and equipment | 23 | €7,527 | €5,547 | -€1,980 | -26.3% |
| Furniture and vehicles | 24 | €12,501 | €7,251 | -€5,250 | -42.0% |
| Financial fixed assets | 28 | €1,000 | €15,804 | +€14,804 | +1,480% |
| Current assets | 29/58 | €1,163,023 | €1,167,320 | +€4,297 | +0.4% |
| Stocks and contracts in progress | 3 | €162,350 | €100,094 | -€62,257 | -38.3% |
| Stocks | 30/36 | €162,350 | €100,094 | -€62,257 | -38.3% |
| Amounts receivable within one year | 40/41 | €579,552 | €471,341 | -€108,212 | -18.7% |
| Trade receivables | 40 | €577,762 | €471,341 | -€106,421 | -18.4% |
| Other amounts receivable | 41 | €1,791 | - | -€1,791 | |
| Cash at bank and in hand | 54/58 | €418,347 | €593,633 | +€175,286 | +41.9% |
| Deferred charges and accrued income | 490/1 | €2,773 | €2,253 | -€520 | -18.8% |
| Total equity and liabilities | 10/49 | €1,184,051 | €1,195,923 | +€11,872 | +1.0% |
| Equity | 10/15 | -€894,135 | -€409,479 | +€484,656 | +54.2% |
| Contributions | 10/11 | €451,676 | €1,451,676 | +€1.0m | +221% |
| Reserves | 13 | €16,697 | €16,697 | = | 0.0% |
| Distributable reserves | 133 | €16,697 | €16,697 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,362,508 | -€1,877,852 | -€515,344 | -37.8% |
| Provisions and deferred taxes | 16 | - | €8,809 | +€8,809 | |
| Provisions for liabilities and charges | 160/5 | - | €8,809 | +€8,809 | |
| Pensions and similar obligations | 160 | - | €8,809 | +€8,809 | |
| Amounts payable | 17/49 | €2,078,187 | €1,596,593 | -€481,594 | -23.2% |
| Amounts payable within one year | 42/48 | €2,078,187 | €1,596,593 | -€481,594 | -23.2% |
| Trade debts | 44 | €1,536,502 | €1,342,991 | -€193,511 | -12.6% |
| Suppliers | 440/4 | €1,536,502 | €1,342,991 | -€193,511 | -12.6% |
| Taxes, remuneration and social security | 45 | €265,979 | €238,798 | -€27,181 | -10.2% |
| Taxes | 450/3 | €58,213 | €40,141 | -€18,073 | -31.0% |
| Remuneration and social security | 454/9 | €207,765 | €198,658 | -€9,108 | -4.4% |
| Other amounts payable | 47/48 | €275,706 | €14,804 | -€260,902 | -94.6% |
| Remuneration, social security and pensions | 62 | €1,098,929 | €1,237,865 | +€138,936 | +12.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,904 | €7,230 | +€326 | +4.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €74,092 | €91,956 | +€17,864 | +24.1% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €8,809 | +€8,809 | |
| Other operating charges | 640/8 | €6,662 | €6,740 | +€79 | +1.2% |
| Gross operating margin | 9900 | €1,088,809 | €966,448 | -€122,360 | -11.2% |
| Operating profit (loss) | 9901 | -€97,778 | -€386,151 | -€288,374 | -295% |
| Financial income | 75/76B | €824 | €2,498 | +€1,673 | +203% |
| Recurring financial income | 75 | €824 | €2,498 | +€1,673 | +203% |
| Financial charges | 65/66B | €134,868 | €129,681 | -€5,186 | -3.8% |
| Recurring financial charges | 65 | €134,868 | €129,681 | -€5,186 | -3.8% |
| Profit (loss) for the period before taxes | 9903 | -€231,821 | -€513,335 | -€281,514 | -121% |
| Income taxes | 67/77 | €2,763 | €2,009 | -€754 | -27.3% |
| Profit (loss) for the period | 9904 | -€234,584 | -€515,344 | -€280,760 | -120% |
| Profit (loss) for the period to be appropriated | 9905 | -€234,584 | -€515,344 | -€280,760 | -120% |
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 15 October 2026 via checked.be.