Flex-tiles: 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-tiles
Largest movements
- Receivables within one year +€140,189
up €140,189 (+76.3%), from €183,821 to €324,010
of which Trade receivables: +€140,534
- Cash +€114,373
up €114,373 (+293%), from €39,051 to €153,424
mainly Short-term financial debts (+€200,000) and Net result for the year (+€94,503)
- Stocks and contracts +€8,000
up €8,000 (+34.2%), from €23,379 to €31,379
- Short-term financial debts +€200,000
new in 2025: €200,000
- Other debts -€100,000
no longer reported in 2025 (was €100,000)
- Reserves +€94,503
up €94,503 (+144%), from €65,517 to €160,020
- Tax, wage and social debts +€50,779
up €50,779 (+305%), from €16,668 to €67,447
of which Taxes: +€32,508
- Trade debts +€15,661
up €15,661 (+23.1%), from €67,825 to €83,486
- Turnover +€1.7m
new in 2025: €1.7m
- Purchases and services +€1.4m
new in 2025: €1.4m
- Staff costs +€175,427
new in 2025: €175,427
- Gross operating margin +€173,904
up €173,904 (+157%), from €110,589 to €284,493
- Write-downs -€29,671
no longer reported in 2025 (was €29,671)
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 | €252,011 | €512,953 | +€260,942 | +104% |
| Fixed assets | 21/28 | €3,407 | €2,200 | -€1,207 | -35.4% |
| Tangible fixed assets | 22/27 | €3,407 | €2,200 | -€1,207 | -35.4% |
| Furniture and vehicles | 24 | €3,407 | €2,200 | -€1,207 | -35.4% |
| Current assets | 29/58 | €248,604 | €510,753 | +€262,149 | +105% |
| Stocks and contracts in progress | 3 | €23,379 | €31,379 | +€8,000 | +34.2% |
| Stocks | 30/36 | €23,379 | €31,379 | +€8,000 | +34.2% |
| Amounts receivable within one year | 40/41 | €183,821 | €324,010 | +€140,189 | +76.3% |
| Trade receivables | 40 | €169,565 | €310,099 | +€140,534 | +82.9% |
| Other amounts receivable | 41 | €14,255 | €13,911 | -€344 | -2.4% |
| Cash at bank and in hand | 54/58 | €39,051 | €153,424 | +€114,373 | +293% |
| Deferred charges and accrued income | 490/1 | €2,353 | €1,940 | -€413 | -17.6% |
| Total equity and liabilities | 10/49 | €252,011 | €512,953 | +€260,942 | +104% |
| Equity | 10/15 | €67,517 | €162,020 | +€94,503 | +140% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €65,517 | €160,020 | +€94,503 | +144% |
| Distributable reserves | 133 | €65,517 | €160,020 | +€94,503 | +144% |
| Amounts payable | 17/49 | €184,494 | €350,933 | +€166,439 | +90.2% |
| Amounts payable within one year | 42/48 | €184,494 | €350,933 | +€166,439 | +90.2% |
| Financial debts | 43 | - | €200,000 | +€200,000 | |
| Credit institutions | 430/8 | - | €200,000 | +€200,000 | |
| Trade debts | 44 | €67,825 | €83,486 | +€15,661 | +23.1% |
| Suppliers | 440/4 | €67,825 | €83,486 | +€15,661 | +23.1% |
| Taxes, remuneration and social security | 45 | €16,668 | €67,447 | +€50,779 | +305% |
| Taxes | 450/3 | €16,668 | €49,176 | +€32,508 | +195% |
| Remuneration and social security | 454/9 | - | €18,271 | +€18,271 | |
| Other amounts payable | 47/48 | €100,000 | - | -€100,000 | |
| Turnover | 70 | - | €1,666,318 | +€1.7m | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €1,382,593 | +€1.4m | |
| Remuneration, social security and pensions | 62 | - | €175,427 | +€175,427 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €215 | €1,207 | +€992 | +462% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €29,671 | - | -€29,671 | |
| Other operating charges | 640/8 | €593 | €697 | +€104 | +17.6% |
| Gross operating margin | 9900 | €110,589 | €284,493 | +€173,904 | +157% |
| Operating profit (loss) | 9901 | €80,111 | €107,162 | +€27,051 | +33.8% |
| Financial income | 75/76B | €2,103 | €21,972 | +€19,869 | +945% |
| Recurring financial income | 75 | €2,103 | €21,972 | +€19,869 | +945% |
| Financial charges | 65/66B | €28 | €2,124 | +€2,096 | +7,384% |
| Recurring financial charges | 65 | €28 | €2,124 | +€2,096 | +7,384% |
| Profit (loss) for the period before taxes | 9903 | €82,185 | €127,010 | +€44,825 | +54.5% |
| Income taxes | 67/77 | €16,668 | €32,507 | +€15,839 | +95.0% |
| Profit (loss) for the period | 9904 | €65,517 | €94,503 | +€28,986 | +44.2% |
| Profit (loss) for the period to be appropriated | 9905 | €65,517 | €94,503 | +€28,986 | +44.2% |
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.