FLEXAMIT: 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.
FLEXAMIT
Largest movements
- Cash +€444,208
up €444,208 (+181.2%), from €245,176 to €689,385
mainly Net result for the year (+€333,547) and Receivables within one year (+€316,983)
- Receivables within one year -€316,983
down €316,983 (-32.1%), from €987,000 to €670,017
of which Trade receivables: -€270,878
- Receivables after one year -€163,352
down €163,352 (-41.7%), from €391,600 to €228,248
- Other debts +€153,206
up €153,206 (+76.2%), from €201,121 to €354,327
- Debts after one year -€78,865
down €78,865 (-8.1%), from €972,536 to €893,671
- Trade debts -€56,633
down €56,633 (-13.5%), from €418,747 to €362,113
- Tax, wage and social debts -€43,177
down €43,177 (-17.8%), from €242,792 to €199,615
of which Taxes: -€61,838
- Short-term financial debts -€36,162
down €36,162 (-41.3%), from €87,596 to €51,434
of which Credit institutions: -€36,162
- Gross operating margin +€89,779
up €89,779 (+5.7%), from €1.6m to €1.7m
- Staff costs +€80,104
up €80,104 (+9.5%), from €841,996 to €922,100
- Depreciation +€44,363
up €44,363 (+31.1%), from €142,803 to €187,166
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 | €2,968,737 | €2,907,647 | -€61,090 | -2.1% |
| Fixed assets | 21/28 | €1,320,665 | €1,293,284 | -€27,380 | -2.1% |
| Tangible fixed assets | 22/27 | €1,320,665 | €1,293,284 | -€27,380 | -2.1% |
| Land and buildings | 22 | €917,928 | €865,538 | -€52,390 | -5.7% |
| Plant, machinery and equipment | 23 | €19,194 | €22,086 | +€2,892 | +15.1% |
| Furniture and vehicles | 24 | €383,542 | €405,660 | +€22,118 | +5.8% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €1,648,072 | €1,614,362 | -€33,710 | -2.0% |
| Amounts receivable after more than one year | 29 | €391,600 | €228,248 | -€163,352 | -41.7% |
| Other amounts receivable | 291 | €391,600 | €228,248 | -€163,352 | -41.7% |
| Amounts receivable within one year | 40/41 | €987,000 | €670,017 | -€316,983 | -32.1% |
| Trade receivables | 40 | €940,895 | €670,017 | -€270,878 | -28.8% |
| Other amounts receivable | 41 | €46,105 | €0 | -€46,105 | -100.0% |
| Cash at bank and in hand | 54/58 | €245,176 | €689,385 | +€444,208 | +181.2% |
| Deferred charges and accrued income | 490/1 | €24,296 | €26,712 | +€2,416 | +9.9% |
| Total equity and liabilities | 10/49 | €2,968,737 | €2,907,647 | -€61,090 | -2.1% |
| Equity | 10/15 | €905,673 | €885,103 | -€20,570 | -2.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €893,273 | €872,703 | -€20,570 | -2.3% |
| Distributable reserves | 133 | €893,273 | €872,703 | -€20,570 | -2.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €2,063,064 | €2,022,544 | -€40,520 | -2.0% |
| Amounts payable after more than one year | 17 | €972,536 | €893,671 | -€78,865 | -8.1% |
| Financial debts | 170/4 | €972,536 | €893,671 | -€78,865 | -8.1% |
| Amounts payable within one year | 42/48 | €1,090,528 | €1,128,873 | +€38,345 | +3.5% |
| Current portion of amounts payable after more than one year | 42 | €140,273 | €161,384 | +€21,111 | +15.0% |
| Financial debts | 43 | €87,596 | €51,434 | -€36,162 | -41.3% |
| Credit institutions | 430/8 | €87,596 | €51,434 | -€36,162 | -41.3% |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €418,747 | €362,113 | -€56,633 | -13.5% |
| Suppliers | 440/4 | €418,747 | €362,113 | -€56,633 | -13.5% |
| Taxes, remuneration and social security | 45 | €242,792 | €199,615 | -€43,177 | -17.8% |
| Taxes | 450/3 | €120,356 | €58,518 | -€61,838 | -51.4% |
| Remuneration and social security | 454/9 | €122,436 | €141,097 | +€18,661 | +15.2% |
| Other amounts payable | 47/48 | €201,121 | €354,327 | +€153,206 | +76.2% |
| Non-recurring operating income | 76A | - | €4,419 | +€4,419 | |
| Remuneration, social security and pensions | 62 | €841,996 | €922,100 | +€80,104 | +9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €142,803 | €187,166 | +€44,363 | +31.1% |
| Other operating charges | 640/8 | €6,921 | €9,278 | +€2,357 | +34.1% |
| Non-recurring operating charges | 66A | €3,762 | €4,747 | +€985 | +26.2% |
| Gross operating margin | 9900 | €1,574,000 | €1,663,778 | +€89,779 | +5.7% |
| Operating profit (loss) | 9901 | €578,518 | €540,487 | -€38,031 | -6.6% |
| Financial income | 75/76B | €25,982 | €19,308 | -€6,674 | -25.7% |
| Recurring financial income | 75 | €25,982 | €19,308 | -€6,674 | -25.7% |
| Financial charges | 65/66B | €36,669 | €44,115 | +€7,446 | +20.3% |
| Recurring financial charges | 65 | €36,669 | €44,115 | +€7,446 | +20.3% |
| Profit (loss) for the period before taxes | 9903 | €567,831 | €515,680 | -€52,151 | -9.2% |
| Income taxes | 67/77 | €184,587 | €182,133 | -€2,454 | -1.3% |
| Profit (loss) for the period | 9904 | €383,245 | €333,547 | -€49,697 | -13.0% |
| Profit (loss) for the period to be appropriated | 9905 | €383,245 | €333,547 | -€49,697 | -13.0% |
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 4 October 2026 via checked.be.