FLEXIA: what changed
What changed
FLEXIA
NACE 66.220, Insurance agents and brokers
filed annual accounts (NBB)
Net result for the year
€182,831
2024 · €151,694+€31,137
Equity
€266,709
2024 · €309,828-€43,119
Cash
€305,107
2024 · €60,715+€244,392
Balance sheet total
€745,392
2024 · €686,001+€59,391
Largest movements
Assets
- Cash +€244,392
up €244,392 (+403%), from €60,715 to €305,107
mainly Net result for the year (+€182,831) and Receivables within one year (+€139,996)
- Receivables within one year -€139,996
down €139,996 (-61.7%), from €226,880 to €86,884
of which Other amounts receivable: -€141,460
- Current investments +€89,311
new in 2025: €89,311
- Receivables after one year -€66,613
no longer reported in 2025 (was €66,613)
- Intangible fixed assets -€59,590
down €59,590 (-33.0%), from €180,386 to €120,796
Equity and liabilities
- Profit (loss) carried forward -€132,430
down €132,430 (-60.6%), from €218,689 to €86,259
- Other debts +€129,977
up €129,977 (+199,872%), from €65 to €130,042
- Reserves +€89,311
up €89,311 (+123%), from €72,548 to €161,859
of which Distributable reserves: +€89,311
- Current portion of long-term debt -€41,113
down €41,113 (-33.7%), from €122,095 to €80,983
- Debts after one year +€23,242
up €23,242 (+13.5%), from €171,989 to €195,232
Income statement
- Staff costs +€59,572
up €59,572 (+20.9%), from €285,007 to €344,579
- Other operating charges -€55,341
down €55,341 (-84.9%), from €65,222 to €9,881
- Taxes -€12,766
down €12,766 (-20.6%), from €61,989 to €49,223
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€151,694
Gross operating margin
-€3,106
Staff costs
-€59,572
Depreciation
+€131
Other operating charges
+€55,341
Other operating items
+€25,513
Financial income
+€2,866
Financial charges
-€2,801
Taxes
+€12,766
Result 2025
€182,831
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€593,030
Investment
-€104,818
Financing
-€243,820
Cash 2024
€60,715
From operations (derived)
+€593,030
Net result for the year
+€182,831
Depreciation
+€86,227
Receivables after one year
+€66,613
Receivables within one year
+€139,996
Deferred charges and accrued income
-€3,018
Trade debts
-€17,634
Tax, wage and social debts
+€8,038
Other debts
+€129,977
Investment (derived)
-€104,818
Investment in fixed assets (net)
-€15,507
Current investments
-€89,311
Financing
-€243,820
Debts after one year
+€23,242
Current portion of long-term debt
-€41,113
Contributions, distributions and other
-€225,950
Cash 2025
€305,107
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €686,001 | €745,392 | +€59,391 | +8.7% |
| Fixed assets | 21/28 | €327,776 | €257,055 | -€70,720 | -21.6% |
| Intangible fixed assets | 21 | €180,386 | €120,796 | -€59,590 | -33.0% |
| Tangible fixed assets | 22/27 | €147,390 | €136,260 | -€11,130 | -7.6% |
| Plant, machinery and equipment | 23 | €15,361 | €13,096 | -€2,264 | -14.7% |
| Furniture and vehicles | 24 | €11,062 | €18,524 | +€7,462 | +67.5% |
| Other tangible fixed assets | 26 | €120,967 | €104,639 | -€16,328 | -13.5% |
| Current assets | 29/58 | €358,225 | €488,337 | +€130,112 | +36.3% |
| Amounts receivable after more than one year | 29 | €66,613 | - | -€66,613 | |
| Other amounts receivable | 291 | €66,613 | - | -€66,613 | |
| Amounts receivable within one year | 40/41 | €226,880 | €86,884 | -€139,996 | -61.7% |
| Trade receivables | 40 | €73,243 | €74,707 | +€1,464 | +2.0% |
| Other amounts receivable | 41 | €153,637 | €12,177 | -€141,460 | -92.1% |
| Current investments | 50/53 | - | €89,311 | +€89,311 | |
| Cash at bank and in hand | 54/58 | €60,715 | €305,107 | +€244,392 | +403% |
| Deferred charges and accrued income | 490/1 | €4,017 | €7,035 | +€3,018 | +75.1% |
| Total equity and liabilities | 10/49 | €686,001 | €745,392 | +€59,391 | +8.7% |
| Equity | 10/15 | €309,828 | €266,709 | -€43,119 | -13.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €72,548 | €161,859 | +€89,311 | +123% |
| Non-distributable reserves | 130/1 | €2,548 | €2,548 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,548 | €2,548 | = | 0.0% |
| Tax-exempt reserves | 132 | €70,000 | €70,000 | = | 0.0% |
| Distributable reserves | 133 | - | €89,311 | +€89,311 | |
| Profit (loss) carried forward | 14 | €218,689 | €86,259 | -€132,430 | -60.6% |
| Amounts payable | 17/49 | €376,172 | €478,683 | +€102,510 | +27.3% |
| Amounts payable after more than one year | 17 | €171,989 | €195,232 | +€23,242 | +13.5% |
| Financial debts | 170/4 | €171,989 | €195,232 | +€23,242 | +13.5% |
| Amounts payable within one year | 42/48 | €204,183 | €283,451 | +€79,268 | +38.8% |
| Current portion of amounts payable after more than one year | 42 | €122,095 | €80,983 | -€41,113 | -33.7% |
| Trade debts | 44 | €26,761 | €9,127 | -€17,634 | -65.9% |
| Suppliers | 440/4 | €26,761 | €9,127 | -€17,634 | -65.9% |
| Taxes, remuneration and social security | 45 | €55,262 | €63,299 | +€8,038 | +14.5% |
| Taxes | 450/3 | €12,558 | €14,429 | +€1,871 | +14.9% |
| Remuneration and social security | 454/9 | €42,704 | €48,870 | +€6,166 | +14.4% |
| Other amounts payable | 47/48 | €65 | €130,042 | +€129,977 | +199,872% |
| Non-recurring operating income | 76A | €5,698 | - | -€5,698 | |
| Remuneration, social security and pensions | 62 | €285,007 | €344,579 | +€59,572 | +20.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86,358 | €86,227 | -€131 | -0.2% |
| Other operating charges | 640/8 | €65,222 | €9,881 | -€55,341 | -84.9% |
| Non-recurring operating charges | 66A | €25,513 | - | -€25,513 | |
| Gross operating margin | 9900 | €683,607 | €680,502 | -€3,106 | -0.5% |
| Operating profit (loss) | 9901 | €221,508 | €239,815 | +€18,307 | +8.3% |
| Financial income | 75/76B | €1,119 | €3,985 | +€2,866 | +256% |
| Recurring financial income | 75 | €1,119 | €3,985 | +€2,866 | +256% |
| Financial charges | 65/66B | €8,944 | €11,746 | +€2,801 | +31.3% |
| Recurring financial charges | 65 | €8,944 | €11,746 | +€2,801 | +31.3% |
| Profit (loss) for the period before taxes | 9903 | €213,683 | €232,054 | +€18,371 | +8.6% |
| Income taxes | 67/77 | €61,989 | €49,223 | -€12,766 | -20.6% |
| Profit (loss) for the period | 9904 | €151,694 | €182,831 | +€31,137 | +20.5% |
| Profit (loss) for the period to be appropriated | 9905 | €151,694 | €182,831 | +€31,137 | +20.5% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.