Flexid: what changed
Two financial 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.
Flexid
Largest movements
- Tangible fixed assets +€10,123
up €10,123 (+4.0%), from €253,898 to €264,021
of which Land and buildings: +€7,839
- Cash -€9,503
down €9,503 (-22.2%), from €42,728 to €33,225
mainly Other debts (-€36,162) and Contributions, distributions and other (-€23,650)
- Receivables within one year -€8,771
down €8,771 (-98.3%), from €8,921 to €150
of which Other amounts receivable: -€8,696
- Intangible fixed assets -€3,333
down €3,333 (-61.1%), from €5,452 to €2,119
- Other debts -€36,162
down €36,162 (-48.6%), from €74,389 to €38,227
- Reserves +€31,276
up €31,276 (+42.4%), from €73,748 to €105,024
of which Distributable reserves: +€31,276
- Profit (loss) carried forward -€12,175
no longer reported in 2025 (was €12,175)
- Debts after one year -€6,453
down €6,453 (-6.9%), from €93,493 to €87,040
- Current portion of long-term debt +€4,832
up €4,832 (+64.0%), from €7,550 to €12,382
- Gross operating margin +€16,355
up €16,355 (+29.6%), from €55,179 to €71,534
- Taxes +€11,022
up €11,022 (+190.3%), from €5,793 to €16,815
- Depreciation -€7,454
down €7,454 (-64.2%), from €11,619 to €4,165
- Other operating charges -€5,034
down €5,034 (-85.6%), from €5,884 to €850
- Financial charges -€3,658
down €3,658 (-34.5%), from €10,611 to €6,953
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 | €311,110 | €299,515 | -€11,595 | -3.7% |
| Fixed assets | 21/28 | €259,350 | €266,140 | +€6,790 | +2.6% |
| Intangible fixed assets | 21 | €5,452 | €2,119 | -€3,333 | -61.1% |
| Tangible fixed assets | 22/27 | €253,898 | €264,021 | +€10,123 | +4.0% |
| Land and buildings | 22 | €252,648 | €260,487 | +€7,839 | +3.1% |
| Furniture and vehicles | 24 | €1,250 | €3,534 | +€2,284 | +182.7% |
| Current assets | 29/58 | €51,760 | €33,375 | -€18,385 | -35.5% |
| Amounts receivable within one year | 40/41 | €8,921 | €150 | -€8,771 | -98.3% |
| Trade receivables | 40 | €126 | €51 | -€75 | -59.5% |
| Other amounts receivable | 41 | €8,795 | €99 | -€8,696 | -98.9% |
| Cash at bank and in hand | 54/58 | €42,728 | €33,225 | -€9,503 | -22.2% |
| Deferred charges and accrued income | 490/1 | €111 | - | -€111 | |
| Total equity and liabilities | 10/49 | €311,110 | €299,515 | -€11,595 | -3.7% |
| Equity | 10/15 | €104,523 | €123,624 | +€19,101 | +18.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €73,748 | €105,024 | +€31,276 | +42.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €71,888 | €103,164 | +€31,276 | +43.5% |
| Profit (loss) carried forward | 14 | €12,175 | - | -€12,175 | |
| Amounts payable | 17/49 | €206,587 | €175,891 | -€30,696 | -14.9% |
| Amounts payable after more than one year | 17 | €93,493 | €87,040 | -€6,453 | -6.9% |
| Financial debts | 170/4 | €93,493 | €87,040 | -€6,453 | -6.9% |
| Amounts payable within one year | 42/48 | €91,537 | €63,430 | -€28,107 | -30.7% |
| Current portion of amounts payable after more than one year | 42 | €7,550 | €12,382 | +€4,832 | +64.0% |
| Trade debts | 44 | €3,876 | €4,105 | +€229 | +5.9% |
| Suppliers | 440/4 | €3,876 | €4,105 | +€229 | +5.9% |
| Taxes, remuneration and social security | 45 | €5,722 | €8,716 | +€2,994 | +52.3% |
| Taxes | 450/3 | €5,722 | €8,716 | +€2,994 | +52.3% |
| Other amounts payable | 47/48 | €74,389 | €38,227 | -€36,162 | -48.6% |
| Accrued charges and deferred income | 492/3 | €21,557 | €25,421 | +€3,864 | +17.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,619 | €4,165 | -€7,454 | -64.2% |
| Other operating charges | 640/8 | €5,884 | €850 | -€5,034 | -85.6% |
| Gross operating margin | 9900 | €55,179 | €71,534 | +€16,355 | +29.6% |
| Operating profit (loss) | 9901 | €37,676 | €66,519 | +€28,843 | +76.6% |
| Financial income | 75/76B | €632 | - | -€632 | |
| Recurring financial income | 75 | €632 | - | -€632 | |
| Financial charges | 65/66B | €10,611 | €6,953 | -€3,658 | -34.5% |
| Recurring financial charges | 65 | €10,611 | €6,953 | -€3,658 | -34.5% |
| Profit (loss) for the period before taxes | 9903 | €27,697 | €59,566 | +€31,869 | +115.1% |
| Income taxes | 67/77 | €5,793 | €16,815 | +€11,022 | +190.3% |
| Profit (loss) for the period | 9904 | €21,904 | €42,751 | +€20,847 | +95.2% |
| Profit (loss) for the period to be appropriated | 9905 | €21,904 | €42,751 | +€20,847 | +95.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.