Flexentric: 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.
Flexentric
Largest movements
- Receivables within one year +€12,228
up €12,228 (+150.6%), from €8,118 to €20,346
of which Trade receivables: +€6,369
- Cash -€9,113
down €9,113 (-53.4%), from €17,071 to €7,958
mainly Receivables within one year (-€12,228) and Tax, wage and social debts (-€7,141)
- Tangible fixed assets -€4,754
down €4,754 (-33.0%), from €14,419 to €9,664
of which Plant, machinery and equipment: -€2,878
- Tax, wage and social debts -€7,141
down €7,141 (-36.5%), from €19,537 to €12,396
of which Taxes: -€7,101
- Trade debts +€5,472
up €5,472 (+582.2%), from €940 to €6,412
- Staff costs -€34,972
down €34,972 (-99.2%), from €35,243 to €271
- Gross operating margin -€33,499
down €33,499 (-73.0%), from €45,911 to €12,411
- Other operating charges -€2,549
down €2,549 (-95.5%), from €2,669 to €120
- Depreciation +€1,449
up €1,449 (+32.9%), from €4,403 to €5,853
- Taxes -€687
down €687 (-22.6%), from €3,043 to €2,357
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 | €39,637 | €37,968 | -€1,669 | -4.2% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €14,449 | €9,664 | -€4,784 | -33.1% |
| Tangible fixed assets | 22/27 | €14,419 | €9,664 | -€4,754 | -33.0% |
| Plant, machinery and equipment | 23 | €7,853 | €4,975 | -€2,878 | -36.6% |
| Furniture and vehicles | 24 | €6,565 | €4,689 | -€1,876 | -28.6% |
| Financial fixed assets | 28 | €30 | - | -€30 | |
| Current assets | 29/58 | €25,189 | €28,304 | +€3,115 | +12.4% |
| Amounts receivable within one year | 40/41 | €8,118 | €20,346 | +€12,228 | +150.6% |
| Trade receivables | 40 | €8,118 | €14,487 | +€6,369 | +78.5% |
| Other amounts receivable | 41 | - | €5,859 | +€5,859 | |
| Cash at bank and in hand | 54/58 | €17,071 | €7,958 | -€9,113 | -53.4% |
| Total equity and liabilities | 10/49 | €39,637 | €37,968 | -€1,669 | -4.2% |
| Equity | 10/15 | €19,160 | €19,160 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €253 | €253 | = | 0.0% |
| Non-distributable reserves | 130/1 | €253 | €253 | = | 0.0% |
| Reserves not available under the articles | 1311 | €253 | €253 | = | 0.0% |
| Profit (loss) carried forward | 14 | €308 | €308 | = | 0.0% |
| Amounts payable | 17/49 | €20,477 | €18,808 | -€1,669 | -8.2% |
| Amounts payable within one year | 42/48 | €20,477 | €18,808 | -€1,669 | -8.2% |
| Trade debts | 44 | €940 | €6,412 | +€5,472 | +582.2% |
| Suppliers | 440/4 | €940 | €6,412 | +€5,472 | +582.2% |
| Taxes, remuneration and social security | 45 | €19,537 | €12,396 | -€7,141 | -36.5% |
| Taxes | 450/3 | €15,094 | €7,994 | -€7,101 | -47.0% |
| Remuneration and social security | 454/9 | €4,443 | €4,403 | -€40 | -0.9% |
| Non-recurring operating income | 76A | - | €150 | +€150 | |
| Remuneration, social security and pensions | 62 | €35,243 | €271 | -€34,972 | -99.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,403 | €5,853 | +€1,449 | +32.9% |
| Other operating charges | 640/8 | €2,669 | €120 | -€2,549 | -95.5% |
| Gross operating margin | 9900 | €45,911 | €12,411 | -€33,499 | -73.0% |
| Operating profit (loss) | 9901 | €3,595 | €6,167 | +€2,573 | +71.6% |
| Financial income | 75/76B | €4 | €12 | +€7 | +172.3% |
| Recurring financial income | 75 | €4 | €12 | +€7 | +172.3% |
| Financial charges | 65/66B | €248 | €500 | +€252 | +101.6% |
| Recurring financial charges | 65 | €248 | €500 | +€252 | +101.6% |
| Profit (loss) for the period before taxes | 9903 | €3,351 | €5,678 | +€2,328 | +69.5% |
| Income taxes | 67/77 | €3,043 | €2,357 | -€687 | -22.6% |
| Profit (loss) for the period | 9904 | €307 | €3,322 | +€3,015 | +981.1% |
| Profit (loss) for the period to be appropriated | 9905 | €307 | €3,322 | +€3,015 | +981.1% |
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.