FLEXIDAL: 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.
What changed
FLEXIDAL
NACE 28.295, Manufacture of machinery and equipment not elsewhere classified
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€409,678
2024 · €366,146+€43,531
Equity
€1.2m
2024 · €1.2m+€9,678
Cash
€595,761
2024 · €549,115+€46,647
Balance sheet total
€2.0m
2024 · €2.1m-€184,435
Largest movements
Assets
- Receivables within one year -€148,268
down €148,268 (-18.2%), from €815,158 to €666,890
of which Trade receivables: -€134,135
- Tangible fixed assets -€84,797
down €84,797 (-14.6%), from €579,828 to €495,031
- Cash +€46,647
up €46,647 (+8.5%), from €549,115 to €595,761
mainly Net result for the year (+€409,678) and Receivables within one year (+€148,268)
Equity and liabilities
- Trade debts -€94,776
down €94,776 (-22.3%), from €425,057 to €330,281
- Other debts -€83,229
down €83,229 (-19.8%), from €421,176 to €337,947
Income statement
- Gross operating margin +€70,145
up €70,145 (+10.7%), from €655,616 to €725,761
- Taxes +€18,555
up €18,555 (+16.6%), from €111,688 to €130,242
- Depreciation +€13,846
up €13,846 (+15.7%), from €88,294 to €102,139
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.
Result 2024
€366,146
Gross operating margin
+€70,145
Staff costs
+€2,388
Depreciation
-€13,846
Write-downs
-€984
Other operating charges
-€2,619
Financial income
+€2,588
Financial charges
+€4,414
Taxes
-€18,555
Result 2025
€409,678
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.
From operations
+€463,989
Investment
-€17,343
Financing
-€400,000
Cash 2024
€549,115
From operations (derived)
+€463,989
Net result for the year
+€409,678
Depreciation
+€102,139
Stocks and contracts
-€6,630
Receivables within one year
+€148,268
Deferred charges and accrued income
+€4,647
Trade debts
-€94,776
Tax, wage and social debts
-€15,356
Advances received
+€2,872
Other debts
-€83,229
Accrued charges and deferred income
-€3,623
Investment (derived)
-€17,343
Investment in fixed assets (net)
-€17,343
Financing
-€400,000
Contributions, distributions and other
-€400,000
Cash 2025
€595,761
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,140,299 | €1,955,864 | -€184,435 | -8.6% |
| Fixed assets | 21/28 | €583,988 | €499,191 | -€84,797 | -14.5% |
| Tangible fixed assets | 22/27 | €579,828 | €495,031 | -€84,797 | -14.6% |
| Land and buildings | 22 | €333,991 | €299,396 | -€34,596 | -10.4% |
| Plant, machinery and equipment | 23 | €213,270 | €171,314 | -€41,957 | -19.7% |
| Furniture and vehicles | 24 | €32,566 | €24,322 | -€8,244 | -25.3% |
| Financial fixed assets | 28 | €4,160 | €4,160 | = | 0.0% |
| Current assets | 29/58 | €1,556,311 | €1,456,674 | -€99,638 | -6.4% |
| Stocks and contracts in progress | 3 | €186,150 | €192,780 | +€6,630 | +3.6% |
| Stocks | 30/36 | €186,150 | €192,780 | +€6,630 | +3.6% |
| Amounts receivable within one year | 40/41 | €815,158 | €666,890 | -€148,268 | -18.2% |
| Trade receivables | 40 | €801,026 | €666,890 | -€134,135 | -16.7% |
| Other amounts receivable | 41 | €14,132 | €0 | -€14,132 | -100.0% |
| Current investments | 50/53 | €250 | €250 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €549,115 | €595,761 | +€46,647 | +8.5% |
| Deferred charges and accrued income | 490/1 | €5,639 | €992 | -€4,647 | -82.4% |
| Total equity and liabilities | 10/49 | €2,140,299 | €1,955,864 | -€184,435 | -8.6% |
| Equity | 10/15 | €1,171,680 | €1,181,357 | +€9,678 | +0.8% |
| Contributions | 10/11 | €218,600 | €218,600 | = | 0.0% |
| Reserves | 13 | €26,960 | €26,960 | = | 0.0% |
| Distributable reserves | 133 | €26,960 | €26,960 | = | 0.0% |
| Profit (loss) carried forward | 14 | €926,120 | €935,797 | +€9,678 | +1.0% |
| Provisions and deferred taxes | 16 | €619 | €619 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €619 | €619 | = | 0.0% |
| Other liabilities and charges | 164/5 | €619 | €619 | = | 0.0% |
| Amounts payable | 17/49 | €968,000 | €773,888 | -€194,112 | -20.1% |
| Amounts payable within one year | 42/48 | €964,377 | €773,888 | -€190,489 | -19.8% |
| Trade debts | 44 | €425,057 | €330,281 | -€94,776 | -22.3% |
| Suppliers | 440/4 | €425,057 | €330,281 | -€94,776 | -22.3% |
| Advances received on contracts in progress | 46 | €8,964 | €11,836 | +€2,872 | +32.0% |
| Taxes, remuneration and social security | 45 | €109,180 | €93,824 | -€15,356 | -14.1% |
| Taxes | 450/3 | €97,710 | €83,139 | -€14,571 | -14.9% |
| Remuneration and social security | 454/9 | €11,470 | €10,686 | -€785 | -6.8% |
| Other amounts payable | 47/48 | €421,176 | €337,947 | -€83,229 | -19.8% |
| Accrued charges and deferred income | 492/3 | €3,623 | €0 | -€3,623 | -100.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €84,690 | €82,302 | -€2,388 | -2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €88,294 | €102,139 | +€13,846 | +15.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€984 | €0 | +€984 | |
| Other operating charges | 640/8 | €6,071 | €8,690 | +€2,619 | +43.1% |
| Gross operating margin | 9900 | €655,616 | €725,761 | +€70,145 | +10.7% |
| Operating profit (loss) | 9901 | €477,545 | €532,629 | +€55,084 | +11.5% |
| Financial income | 75/76B | €11,316 | €13,904 | +€2,588 | +22.9% |
| Recurring financial income | 75 | €11,316 | €13,904 | +€2,588 | +22.9% |
| Financial charges | 65/66B | €11,027 | €6,613 | -€4,414 | -40.0% |
| Recurring financial charges | 65 | €11,027 | €6,613 | -€4,414 | -40.0% |
| Profit (loss) for the period before taxes | 9903 | €477,834 | €539,920 | +€62,086 | +13.0% |
| Income taxes | 67/77 | €111,688 | €130,242 | +€18,555 | +16.6% |
| Profit (loss) for the period | 9904 | €366,146 | €409,678 | +€43,531 | +11.9% |
| Profit (loss) for the period to be appropriated | 9905 | €366,146 | €409,678 | +€43,531 | +11.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.