FLEXide Energy: 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.
FLEXide Energy
Largest movements
- Receivables within one year -€40,006
down €40,006 (-36.6%), from €109,263 to €69,257
of which Trade receivables: -€48,697
- Tangible fixed assets -€23,139
down €23,139 (-40.1%), from €57,670 to €34,530
of which Furniture and vehicles: -€24,317
- Intangible fixed assets +€10,572
up €10,572 (+206%), from €5,134 to €15,706
- Cash -€4,979
down €4,979 (-4.5%), from €109,832 to €104,853
mainly Contributions, distributions and other (-€103,467) and Trade debts (-€29,822)
- Investment grants -€103,467
no longer reported in 2025 (was €103,467)
- Other debts +€52,260
up €52,260 (+183%), from €28,486 to €80,745
- Trade debts -€29,822
down €29,822 (-72.2%), from €41,333 to €11,511
- Short-term financial debts +€25,000
new in 2025: €25,000
- Gross operating margin +€22,934
up €22,934 (+17.7%), from €129,415 to €152,349
- Staff costs +€12,248
up €12,248 (+14.0%), from €87,405 to €99,653
- Other operating charges +€11,809
up €11,809 (+5,918%), from €200 to €12,008
- Provisions +€10,445
new in 2025: €10,445
- Depreciation +€5,488
up €5,488 (+39.5%), from €13,904 to €19,392
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.
Derived cash bridge
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 | €285,113 | €228,061 | -€57,051 | -20.0% |
| Fixed assets | 21/28 | €65,897 | €53,330 | -€12,567 | -19.1% |
| Intangible fixed assets | 21 | €5,134 | €15,706 | +€10,572 | +206% |
| Tangible fixed assets | 22/27 | €57,670 | €34,530 | -€23,139 | -40.1% |
| Plant, machinery and equipment | 23 | €8,967 | €10,145 | +€1,178 | +13.1% |
| Furniture and vehicles | 24 | €48,703 | €24,386 | -€24,317 | -49.9% |
| Financial fixed assets | 28 | €3,094 | €3,094 | = | 0.0% |
| Current assets | 29/58 | €219,216 | €174,731 | -€44,484 | -20.3% |
| Amounts receivable within one year | 40/41 | €109,263 | €69,257 | -€40,006 | -36.6% |
| Trade receivables | 40 | €109,263 | €60,566 | -€48,697 | -44.6% |
| Other amounts receivable | 41 | - | €8,691 | +€8,691 | |
| Cash at bank and in hand | 54/58 | €109,832 | €104,853 | -€4,979 | -4.5% |
| Deferred charges and accrued income | 490/1 | €122 | €622 | +€500 | +412% |
| Total equity and liabilities | 10/49 | €285,113 | €228,061 | -€57,051 | -20.0% |
| Equity | 10/15 | €174,272 | €73,322 | -€100,950 | -57.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €32,886 | €32,886 | = | 0.0% |
| Distributable reserves | 133 | €32,886 | €32,886 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,319 | €21,836 | +€2,517 | +13.0% |
| Investment grants | 15 | €103,467 | - | -€103,467 | |
| Amounts payable | 17/49 | €110,841 | €154,740 | +€43,898 | +39.6% |
| Amounts payable after more than one year | 17 | €685 | - | -€685 | |
| Financial debts | 170/4 | €685 | - | -€685 | |
| Amounts payable within one year | 42/48 | €107,155 | €150,359 | +€43,205 | +40.3% |
| Current portion of amounts payable after more than one year | 42 | €2,713 | €685 | -€2,028 | -74.7% |
| Financial debts | 43 | - | €25,000 | +€25,000 | |
| Credit institutions | 430/8 | - | €25,000 | +€25,000 | |
| Trade debts | 44 | €41,333 | €11,511 | -€29,822 | -72.2% |
| Suppliers | 440/4 | €41,333 | €11,511 | -€29,822 | -72.2% |
| Taxes, remuneration and social security | 45 | €34,623 | €32,418 | -€2,205 | -6.4% |
| Taxes | 450/3 | €18,181 | €10,843 | -€7,338 | -40.4% |
| Remuneration and social security | 454/9 | €16,442 | €21,575 | +€5,133 | +31.2% |
| Other amounts payable | 47/48 | €28,486 | €80,745 | +€52,260 | +183% |
| Accrued charges and deferred income | 492/3 | €3,001 | €4,380 | +€1,379 | +45.9% |
| Remuneration, social security and pensions | 62 | €87,405 | €99,653 | +€12,248 | +14.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,904 | €19,392 | +€5,488 | +39.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €10,445 | +€10,445 | |
| Other operating charges | 640/8 | €200 | €12,008 | +€11,809 | +5,918% |
| Gross operating margin | 9900 | €129,415 | €152,349 | +€22,934 | +17.7% |
| Operating profit (loss) | 9901 | €27,907 | €10,851 | -€17,056 | -61.1% |
| Financial income | 75/76B | €174 | €504 | +€330 | +189% |
| Recurring financial income | 75 | €174 | €504 | +€330 | +189% |
| Financial charges | 65/66B | €3,186 | €5,974 | +€2,788 | +87.5% |
| Recurring financial charges | 65 | €3,186 | €5,974 | +€2,788 | +87.5% |
| Profit (loss) for the period before taxes | 9903 | €24,896 | €5,382 | -€19,513 | -78.4% |
| Income taxes | 67/77 | €6,744 | €2,865 | -€3,878 | -57.5% |
| Profit (loss) for the period | 9904 | €18,152 | €2,517 | -€15,635 | -86.1% |
| Profit (loss) for the period to be appropriated | 9905 | €18,152 | €2,517 | -€15,635 | -86.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.