FLEXI-TIME: 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.
FLEXI-TIME
Largest movements
- Cash +€7,008
up €7,008 (+97.8%), from €7,165 to €14,172
mainly Trade debts (+€18,225)
- Receivables within one year +€6,248
up €6,248 (+17.3%), from €36,139 to €42,387
of which Trade receivables: +€4,686
- Trade debts +€18,225
up €18,225 (+120.2%), from €15,166 to €33,391
- Tax, wage and social debts -€1,737
down €1,737 (-17.5%), from €9,918 to €8,181
- Advances received -€1,638
down €1,638 (-26.6%), from €6,153 to €4,515
- Other debts -€1,202
down €1,202 (-99.8%), from €1,204 to €2
- Gross operating margin -€4,264
down €4,264 (-54.9%), from €7,767 to €3,504
- Other operating charges -€2,741
down €2,741 (-90.8%), from €3,017 to €276
- Depreciation -€178
no longer reported in 2024 (was €178)
- Financial income +€154
up €154 (+2296.4%), from €7 to €161
- Financial charges +€85
up €85 (+6.5%), from €1,302 to €1,387
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 | €44,004 | €57,507 | +€13,503 | +30.7% |
| Fixed assets | 21/28 | €200 | €200 | = | 0.0% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €43,804 | €57,307 | +€13,503 | +30.8% |
| Amounts receivable within one year | 40/41 | €36,139 | €42,387 | +€6,248 | +17.3% |
| Trade receivables | 40 | €35,351 | €40,037 | +€4,686 | +13.3% |
| Other amounts receivable | 41 | €788 | €2,350 | +€1,562 | +198.2% |
| Cash at bank and in hand | 54/58 | €7,165 | €14,172 | +€7,008 | +97.8% |
| Deferred charges and accrued income | 490/1 | €501 | €748 | +€248 | +49.4% |
| Total equity and liabilities | 10/49 | €44,004 | €57,507 | +€13,503 | +30.7% |
| Equity | 10/15 | €11,563 | €11,418 | -€145 | -1.3% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,437 | -€18,582 | -€145 | -0.8% |
| Amounts payable | 17/49 | €32,441 | €46,089 | +€13,649 | +42.1% |
| Amounts payable within one year | 42/48 | €32,441 | €46,089 | +€13,649 | +42.1% |
| Trade debts | 44 | €15,166 | €33,391 | +€18,225 | +120.2% |
| Suppliers | 440/4 | €15,166 | €33,391 | +€18,225 | +120.2% |
| Advances received on contracts in progress | 46 | €6,153 | €4,515 | -€1,638 | -26.6% |
| Taxes, remuneration and social security | 45 | €9,918 | €8,181 | -€1,737 | -17.5% |
| Taxes | 450/3 | €9,918 | €8,181 | -€1,737 | -17.5% |
| Other amounts payable | 47/48 | €1,204 | €2 | -€1,202 | -99.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €178 | - | -€178 | |
| Other operating charges | 640/8 | €3,017 | €276 | -€2,741 | -90.8% |
| Non-recurring operating charges | 66A | €406 | -€245 | -€650 | |
| Gross operating margin | 9900 | €7,767 | €3,504 | -€4,264 | -54.9% |
| Operating profit (loss) | 9901 | €4,167 | €3,472 | -€695 | -16.7% |
| Financial income | 75/76B | €7 | €161 | +€154 | +2296.4% |
| Recurring financial income | 75 | €7 | €161 | +€154 | +2296.4% |
| Financial charges | 65/66B | €1,302 | €1,387 | +€85 | +6.5% |
| Recurring financial charges | 65 | €1,302 | €1,387 | +€85 | +6.5% |
| Profit (loss) for the period before taxes | 9903 | €2,872 | €2,246 | -€626 | -21.8% |
| Income taxes | 67/77 | €2,414 | €2,391 | -€23 | -1.0% |
| Profit (loss) for the period | 9904 | €458 | -€145 | -€603 | |
| Profit (loss) for the period to be appropriated | 9905 | €458 | -€145 | -€603 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.