"FLEXCITY": 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.
"FLEXCITY"
Largest movements
- Current investments +€140,000
up €140,000 (+28000.0%), from €500 to €140,500
- Cash -€85,720
down €85,720 (-57.0%), from €150,412 to €64,692
mainly Current investments (-€140,000) and Other debts (-€33,903)
- Tangible fixed assets -€11,004
down €11,004 (-60.3%), from €18,258 to €7,255
of which Other tangible fixed assets: -€10,653
- Profit (loss) carried forward +€63,314
new in 2025: €63,314
- Other debts -€33,903
down €33,903 (-23.3%), from €145,393 to €111,490
- Tax, wage and social debts +€15,400
up €15,400 (+140.9%), from €10,928 to €26,328
- Debts after one year -€5,854
down €5,854 (-42.3%), from €13,846 to €7,992
- Gross operating margin +€33,852
up €33,852 (+52.2%), from €64,857 to €98,709
- Taxes +€11,714
up €11,714 (+97.9%), from €11,969 to €23,683
- Financial charges -€3,483
down €3,483, from €2,695 to -€787
- Depreciation +€3,224
up €3,224 (+41.4%), from €7,780 to €11,004
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 | €175,905 | €217,840 | +€41,935 | +23.8% |
| Fixed assets | 21/28 | €18,258 | €7,255 | -€11,004 | -60.3% |
| Tangible fixed assets | 22/27 | €18,258 | €7,255 | -€11,004 | -60.3% |
| Furniture and vehicles | 24 | €617 | €266 | -€351 | -56.9% |
| Other tangible fixed assets | 26 | €17,642 | €6,988 | -€10,653 | -60.4% |
| Current assets | 29/58 | €157,646 | €210,585 | +€52,939 | +33.6% |
| Amounts receivable within one year | 40/41 | €4,483 | €3,142 | -€1,341 | -29.9% |
| Trade receivables | 40 | - | €3,142 | +€3,142 | |
| Other amounts receivable | 41 | €4,483 | €0 | -€4,483 | -100.0% |
| Current investments | 50/53 | €500 | €140,500 | +€140,000 | +28000.0% |
| Cash at bank and in hand | 54/58 | €150,412 | €64,692 | -€85,720 | -57.0% |
| Deferred charges and accrued income | 490/1 | €2,252 | €2,252 | = | 0.0% |
| Total equity and liabilities | 10/49 | €175,905 | €217,840 | +€41,935 | +23.8% |
| Equity | 10/15 | - | €63,314 | +€63,314 | |
| Profit (loss) carried forward | 14 | - | €63,314 | +€63,314 | |
| Amounts payable | 17/49 | €175,905 | €154,526 | -€21,379 | -12.2% |
| Amounts payable after more than one year | 17 | €13,846 | €7,992 | -€5,854 | -42.3% |
| Financial debts | 170/4 | €13,846 | €7,992 | -€5,854 | -42.3% |
| Amounts payable within one year | 42/48 | €162,058 | €146,534 | -€15,524 | -9.6% |
| Current portion of amounts payable after more than one year | 42 | €5,738 | €5,854 | +€117 | +2.0% |
| Financial debts | 43 | - | €1,429 | +€1,429 | |
| Credit institutions | 430/8 | - | €1,429 | +€1,429 | |
| Trade debts | 44 | - | €1,434 | +€1,434 | |
| Suppliers | 440/4 | - | €1,434 | +€1,434 | |
| Taxes, remuneration and social security | 45 | €10,928 | €26,328 | +€15,400 | +140.9% |
| Taxes | 450/3 | €10,928 | €26,328 | +€15,400 | +140.9% |
| Other amounts payable | 47/48 | €145,393 | €111,490 | -€33,903 | -23.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,780 | €11,004 | +€3,224 | +41.4% |
| Other operating charges | 640/8 | €1,720 | €1,496 | -€224 | -13.0% |
| Gross operating margin | 9900 | €64,857 | €98,709 | +€33,852 | +52.2% |
| Operating profit (loss) | 9901 | €55,357 | €86,209 | +€30,852 | +55.7% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100.0% |
| Financial charges | 65/66B | €2,695 | -€787 | -€3,483 | |
| Recurring financial charges | 65 | €2,695 | -€787 | -€3,483 | |
| Profit (loss) for the period before taxes | 9903 | €52,662 | €86,996 | +€34,334 | +65.2% |
| Income taxes | 67/77 | €11,969 | €23,683 | +€11,714 | +97.9% |
| Profit (loss) for the period | 9904 | €40,694 | €63,314 | +€22,620 | +55.6% |
| Profit (loss) for the period to be appropriated | 9905 | €40,694 | €63,314 | +€22,620 | +55.6% |
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 8 October 2026 via checked.be.