FLEXCENTER: 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.
FLEXCENTER
Largest movements
- Tangible fixed assets -€57,051
down €57,051 (-96.8%), from €58,951 to €1,900
of which Land and buildings: -€55,860
- Receivables within one year -€41,158
down €41,158 (-64.1%), from €64,218 to €23,060
of which Trade receivables: -€23,632
- Cash -€4,040
down €4,040 (-74.4%), from €5,433 to €1,392
mainly Other debts (-€244,973) and Debts after one year (-€38,855)
- Other debts -€244,973
down €244,973 (-84.2%), from €290,998 to €46,024
- Profit (loss) carried forward +€186,002
up €186,002 (+65.9%), from -€282,443 to -€96,441
- Debts after one year -€38,855
down €38,855 (-72.3%), from €53,762 to €14,906
of which Financial debts: -€37,316
- Trade debts -€2,572
down €2,572 (-21.5%), from €11,939 to €9,367
- Accrued charges and deferred income -€2,083
down €2,083 (-44.8%), from €4,648 to €2,565
- Gross operating margin +€205,338
up €205,338 (+526.2%), from €39,020 to €244,358
- Depreciation -€33,520
down €33,520 (-96.6%), from €34,711 to €1,191
- Staff costs +€6,200
up €6,200 (+19.0%), from €32,676 to €38,877
- Write-downs +€6,100
new in 2024: €6,100
- Other operating charges +€5,782
up €5,782 (+491.5%), from €1,176 to €6,959
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €129,773 | €28,231 | -€101,542 | -78.2% |
| Fixed assets | 21/28 | €58,951 | €1,900 | -€57,051 | -96.8% |
| Tangible fixed assets | 22/27 | €58,951 | €1,900 | -€57,051 | -96.8% |
| Land and buildings | 22 | €55,860 | - | -€55,860 | |
| Plant, machinery and equipment | 23 | €3,091 | €1,900 | -€1,191 | -38.5% |
| Current assets | 29/58 | €70,822 | €26,331 | -€44,491 | -62.8% |
| Amounts receivable within one year | 40/41 | €64,218 | €23,060 | -€41,158 | -64.1% |
| Trade receivables | 40 | €45,618 | €21,985 | -€23,632 | -51.8% |
| Other amounts receivable | 41 | €18,600 | €1,075 | -€17,526 | -94.2% |
| Cash at bank and in hand | 54/58 | €5,433 | €1,392 | -€4,040 | -74.4% |
| Deferred charges and accrued income | 490/1 | €1,171 | €1,879 | +€707 | +60.4% |
| Total equity and liabilities | 10/49 | €129,773 | €28,231 | -€101,542 | -78.2% |
| Equity | 10/15 | -€276,243 | -€90,241 | +€186,002 | +67.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€282,443 | -€96,441 | +€186,002 | +65.9% |
| Amounts payable | 17/49 | €406,016 | €118,473 | -€287,544 | -70.8% |
| Amounts payable after more than one year | 17 | €53,762 | €14,906 | -€38,855 | -72.3% |
| Financial debts | 170/4 | €37,316 | - | -€37,316 | |
| Other amounts payable | 178/9 | €16,446 | €14,906 | -€1,539 | -9.4% |
| Amounts payable within one year | 42/48 | €347,607 | €101,001 | -€246,606 | -70.9% |
| Current portion of amounts payable after more than one year | 42 | €39,640 | €40,662 | +€1,022 | +2.6% |
| Trade debts | 44 | €11,939 | €9,367 | -€2,572 | -21.5% |
| Suppliers | 440/4 | €11,939 | €9,367 | -€2,572 | -21.5% |
| Taxes, remuneration and social security | 45 | €5,030 | €4,947 | -€82 | -1.6% |
| Remuneration and social security | 454/9 | €5,030 | €4,947 | -€82 | -1.6% |
| Other amounts payable | 47/48 | €290,998 | €46,024 | -€244,973 | -84.2% |
| Accrued charges and deferred income | 492/3 | €4,648 | €2,565 | -€2,083 | -44.8% |
| Non-recurring operating income | 76A | - | €204,039 | +€204,039 | |
| Remuneration, social security and pensions | 62 | €32,676 | €38,877 | +€6,200 | +19.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,711 | €1,191 | -€33,520 | -96.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €6,100 | +€6,100 | |
| Other operating charges | 640/8 | €1,176 | €6,959 | +€5,782 | +491.5% |
| Gross operating margin | 9900 | €39,020 | €244,358 | +€205,338 | +526.2% |
| Operating profit (loss) | 9901 | -€29,545 | €191,232 | +€220,776 | |
| Financial income | 75/76B | €1,163 | €254 | -€910 | -78.2% |
| Recurring financial income | 75 | €1,163 | €254 | -€910 | -78.2% |
| Financial charges | 65/66B | €4,483 | €5,483 | +€1,000 | +22.3% |
| Recurring financial charges | 65 | €4,483 | €5,483 | +€1,000 | +22.3% |
| Profit (loss) for the period before taxes | 9903 | -€32,864 | €186,002 | +€218,866 | |
| Profit (loss) for the period | 9904 | -€32,864 | €186,002 | +€218,866 | |
| Profit (loss) for the period to be appropriated | 9905 | -€32,864 | €186,002 | +€218,866 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.