FLEXIBO: 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.
FLEXIBO
Largest movements
- Cash -€22,061
down €22,061 (-64.7%), from €34,077 to €12,016
mainly Receivables within one year (-€14,479) and Other debts (-€6,811)
- Receivables within one year +€14,479
up €14,479 (+169.0%), from €8,569 to €23,048
of which Other amounts receivable: +€19,829
- Tangible fixed assets -€757
down €757 (-16.0%), from €4,719 to €3,962
of which Plant, machinery and equipment: -€628
- Other debts -€6,811
no longer reported in 2025 (was €6,811)
- Reserves -€2,327
down €2,327 (-11.6%), from €20,089 to €17,762
- Tax, wage and social debts +€1,526
up €1,526 (+91.7%), from €1,664 to €3,190
of which Remuneration and social security: +€1,526
- Trade debts -€1,083
down €1,083 (-90.3%), from €1,200 to €117
- Gross operating margin -€42,935
down €42,935, from €42,868 to -€67
- Taxes -€9,664
down €9,664 (-100.0%), from €9,664 to €0
- Depreciation -€1,305
down €1,305 (-41.8%), from €3,121 to €1,816
- Other operating charges -€474
down €474 (-68.4%), from €693 to €219
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 | €48,364 | €39,668 | -€8,696 | -18.0% |
| Fixed assets | 21/28 | €4,719 | €3,962 | -€757 | -16.0% |
| Tangible fixed assets | 22/27 | €4,719 | €3,962 | -€757 | -16.0% |
| Plant, machinery and equipment | 23 | €4,590 | €3,962 | -€628 | -13.7% |
| Furniture and vehicles | 24 | €128 | €0 | -€128 | -100.0% |
| Current assets | 29/58 | €43,646 | €35,706 | -€7,939 | -18.2% |
| Amounts receivable within one year | 40/41 | €8,569 | €23,048 | +€14,479 | +169.0% |
| Trade receivables | 40 | €5,801 | €451 | -€5,350 | -92.2% |
| Other amounts receivable | 41 | €2,768 | €22,597 | +€19,829 | +716.4% |
| Cash at bank and in hand | 54/58 | €34,077 | €12,016 | -€22,061 | -64.7% |
| Deferred charges and accrued income | 490/1 | €999 | €642 | -€357 | -35.7% |
| Total equity and liabilities | 10/49 | €48,364 | €39,668 | -€8,696 | -18.0% |
| Equity | 10/15 | €38,689 | €36,362 | -€2,327 | -6.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €20,089 | €17,762 | -€2,327 | -11.6% |
| Distributable reserves | 133 | €20,089 | €17,762 | -€2,327 | -11.6% |
| Amounts payable | 17/49 | €9,675 | €3,307 | -€6,369 | -65.8% |
| Amounts payable within one year | 42/48 | €9,675 | €3,307 | -€6,369 | -65.8% |
| Trade debts | 44 | €1,200 | €117 | -€1,083 | -90.3% |
| Suppliers | 440/4 | €1,200 | €117 | -€1,083 | -90.3% |
| Taxes, remuneration and social security | 45 | €1,664 | €3,190 | +€1,526 | +91.7% |
| Taxes | 450/3 | €1,664 | €1,664 | = | 0.0% |
| Remuneration and social security | 454/9 | - | €1,526 | +€1,526 | |
| Other amounts payable | 47/48 | €6,811 | - | -€6,811 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,121 | €1,816 | -€1,305 | -41.8% |
| Other operating charges | 640/8 | €693 | €219 | -€474 | -68.4% |
| Gross operating margin | 9900 | €42,868 | -€67 | -€42,935 | |
| Operating profit (loss) | 9901 | €39,053 | -€2,102 | -€41,156 | |
| Financial income | 75/76B | - | €0 | = | |
| Recurring financial income | 75 | - | €0 | = | |
| Financial charges | 65/66B | €168 | €225 | +€57 | +33.7% |
| Recurring financial charges | 65 | €168 | €225 | +€57 | +33.7% |
| Profit (loss) for the period before taxes | 9903 | €38,885 | -€2,327 | -€41,212 | |
| Income taxes | 67/77 | €9,664 | €0 | -€9,664 | -100.0% |
| Profit (loss) for the period | 9904 | €29,221 | -€2,327 | -€31,548 | |
| Profit (loss) for the period to be appropriated | 9905 | €29,221 | -€2,327 | -€31,548 |
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 5 October 2026 via checked.be.