FLEXIFOAM: 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.
FLEXIFOAM
Largest movements
- Cash +€242,029
up €242,029 (+91.0%), from €266,018 to €508,046
mainly Net result for the year (+€111,223) and Stocks and contracts (+€76,438)
- Stocks and contracts -€76,438
down €76,438 (-13.3%), from €575,639 to €499,201
- Receivables within one year -€72,820
down €72,820 (-11.1%), from €654,025 to €581,205
of which Trade receivables: -€82,815
- Current investments +€56,880
up €56,880 (+18.4%), from €309,937 to €366,816
- Reserves +€111,223
up €111,223 (+10.1%), from €1.1m to €1.2m
of which Distributable reserves: +€111,223
- Accrued charges and deferred income +€51,350
up €51,350 (+68.0%), from €75,471 to €126,822
- Gross operating margin -€51,668
down €51,668 (-16.4%), from €315,694 to €264,026
- Financial income -€34,167
down €34,167 (-80.0%), from €42,729 to €8,562
- Taxes -€12,415
down €12,415 (-20.9%), from €59,287 to €46,872
- Financial charges -€9,430
down €9,430 (-47.8%), from €19,712 to €10,282
- Staff costs +€7,037
up €7,037 (+7.5%), from €94,278 to €101,315
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 | €1,818,565 | €1,974,852 | +€156,288 | +8.6% |
| Fixed assets | 21/28 | €8,420 | €10,655 | +€2,235 | +26.5% |
| Tangible fixed assets | 22/27 | €3,420 | €5,655 | +€2,235 | +65.3% |
| Plant, machinery and equipment | 23 | €1,098 | €4,269 | +€3,172 | +288.9% |
| Furniture and vehicles | 24 | €2,322 | €1,385 | -€937 | -40.4% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €1,810,144 | €1,964,198 | +€154,053 | +8.5% |
| Stocks and contracts in progress | 3 | €575,639 | €499,201 | -€76,438 | -13.3% |
| Stocks | 30/36 | €575,639 | €499,201 | -€76,438 | -13.3% |
| Amounts receivable within one year | 40/41 | €654,025 | €581,205 | -€72,820 | -11.1% |
| Trade receivables | 40 | €506,276 | €423,460 | -€82,815 | -16.4% |
| Other amounts receivable | 41 | €147,750 | €157,745 | +€9,995 | +6.8% |
| Current investments | 50/53 | €309,937 | €366,816 | +€56,880 | +18.4% |
| Cash at bank and in hand | 54/58 | €266,018 | €508,046 | +€242,029 | +91.0% |
| Deferred charges and accrued income | 490/1 | €4,526 | €8,930 | +€4,403 | +97.3% |
| Total equity and liabilities | 10/49 | €1,818,565 | €1,974,852 | +€156,288 | +8.6% |
| Equity | 10/15 | €1,131,428 | €1,242,651 | +€111,223 | +9.8% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €1,106,428 | €1,217,651 | +€111,223 | +10.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,106,428 | €1,217,651 | +€111,223 | +10.1% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €687,137 | €732,202 | +€45,065 | +6.6% |
| Amounts payable within one year | 42/48 | €611,665 | €605,380 | -€6,285 | -1.0% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €11,863 | €11,832 | -€31 | -0.3% |
| Credit institutions | 430/8 | €11,863 | €11,832 | -€31 | -0.3% |
| Trade debts | 44 | €484,276 | €499,679 | +€15,403 | +3.2% |
| Suppliers | 440/4 | €484,276 | €499,679 | +€15,403 | +3.2% |
| Taxes, remuneration and social security | 45 | €43,644 | €29,155 | -€14,489 | -33.2% |
| Taxes | 450/3 | €28,626 | €13,254 | -€15,372 | -53.7% |
| Remuneration and social security | 454/9 | €15,017 | €15,901 | +€883 | +5.9% |
| Other amounts payable | 47/48 | €71,883 | €64,715 | -€7,168 | -10.0% |
| Accrued charges and deferred income | 492/3 | €75,471 | €126,822 | +€51,350 | +68.0% |
| Remuneration, social security and pensions | 62 | €94,278 | €101,315 | +€7,037 | +7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,777 | €1,910 | -€867 | -31.2% |
| Other operating charges | 640/8 | €1,156 | €986 | -€170 | -14.7% |
| Gross operating margin | 9900 | €315,694 | €264,026 | -€51,668 | -16.4% |
| Operating profit (loss) | 9901 | €217,483 | €159,815 | -€57,668 | -26.5% |
| Financial income | 75/76B | €42,729 | €8,562 | -€34,167 | -80.0% |
| Recurring financial income | 75 | €42,729 | €8,562 | -€34,167 | -80.0% |
| Financial charges | 65/66B | €19,712 | €10,282 | -€9,430 | -47.8% |
| Recurring financial charges | 65 | €19,712 | €10,282 | -€9,430 | -47.8% |
| Profit (loss) for the period before taxes | 9903 | €240,499 | €158,095 | -€82,404 | -34.3% |
| Income taxes | 67/77 | €59,287 | €46,872 | -€12,415 | -20.9% |
| Profit (loss) for the period | 9904 | €181,212 | €111,223 | -€69,989 | -38.6% |
| Profit (loss) for the period to be appropriated | 9905 | €181,212 | €111,223 | -€69,989 | -38.6% |
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 11 October 2026 via checked.be.