FLEXIMMO: 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.
FLEXIMMO
Largest movements
- Cash +€135,128
up €135,128 (+505%), from €26,782 to €161,910
mainly Other debts (+€187,588) and Trade debts (+€32,994)
- Tangible fixed assets +€38,079
up €38,079 (+42.9%), from €88,712 to €126,791
of which Land and buildings: +€53,610
- Receivables within one year -€18,248
down €18,248 (-30.3%), from €60,189 to €41,941
of which Trade receivables: -€19,810
- Other debts +€187,588
up €187,588 (+1,232%), from €15,231 to €202,819
- Debts after one year -€38,337
down €38,337 (-100%), from €38,337 to €0
- Tax, wage and social debts -€36,457
down €36,457 (-93.4%), from €39,050 to €2,593
of which Taxes: -€25,809
- Trade debts +€32,994
up €32,994 (+81.4%), from €40,555 to €73,549
- Reserves +€21,666
up €21,666 (+11.2%), from €193,736 to €215,402
of which Distributable reserves: +€21,666
- Staff costs -€56,017
down €56,017 (-66.5%), from €84,237 to €28,220
- Gross operating margin +€10,071
up €10,071 (+16.1%), from €62,677 to €72,748
- Depreciation -€4,012
down €4,012 (-39.3%), from €10,218 to €6,206
- Financial charges +€3,858
up €3,858 (+66.3%), from €5,816 to €9,675
- Other operating charges +€2,764
up €2,764 (+53.5%), from €5,168 to €7,932
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €360,880 | €514,671 | +€153,790 | +42.6% |
| Fixed assets | 21/28 | €89,329 | €126,791 | +€37,462 | +41.9% |
| Tangible fixed assets | 22/27 | €88,712 | €126,791 | +€38,079 | +42.9% |
| Land and buildings | 22 | €66,828 | €120,439 | +€53,610 | +80.2% |
| Plant, machinery and equipment | 23 | €1,513 | €0 | -€1,513 | -100% |
| Furniture and vehicles | 24 | €20,371 | €6,353 | -€14,018 | -68.8% |
| Financial fixed assets | 28 | €617 | €0 | -€617 | -100% |
| Current assets | 29/58 | €271,551 | €387,879 | +€116,328 | +42.8% |
| Amounts receivable after more than one year | 29 | €179,000 | €179,000 | = | 0.0% |
| Other amounts receivable | 291 | €179,000 | €179,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €60,189 | €41,941 | -€18,248 | -30.3% |
| Trade receivables | 40 | €60,189 | €40,379 | -€19,810 | -32.9% |
| Other amounts receivable | 41 | €0 | €1,562 | +€1,562 | |
| Cash at bank and in hand | 54/58 | €26,782 | €161,910 | +€135,128 | +505% |
| Deferred charges and accrued income | 490/1 | €5,580 | €5,029 | -€551 | -9.9% |
| Total equity and liabilities | 10/49 | €360,880 | €514,671 | +€153,790 | +42.6% |
| Equity | 10/15 | €212,336 | €234,002 | +€21,666 | +10.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €193,736 | €215,402 | +€21,666 | +11.2% |
| 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 | €191,876 | €213,542 | +€21,666 | +11.3% |
| Amounts payable | 17/49 | €148,545 | €280,669 | +€132,124 | +88.9% |
| Amounts payable after more than one year | 17 | €38,337 | €0 | -€38,337 | -100% |
| Financial debts | 170/4 | €38,337 | €0 | -€38,337 | -100% |
| Amounts payable within one year | 42/48 | €109,939 | €280,669 | +€170,730 | +155% |
| Current portion of amounts payable after more than one year | 42 | €15,103 | €1,708 | -€13,395 | -88.7% |
| Trade debts | 44 | €40,555 | €73,549 | +€32,994 | +81.4% |
| Suppliers | 440/4 | €40,555 | €73,549 | +€32,994 | +81.4% |
| Taxes, remuneration and social security | 45 | €39,050 | €2,593 | -€36,457 | -93.4% |
| Taxes | 450/3 | €28,402 | €2,593 | -€25,809 | -90.9% |
| Remuneration and social security | 454/9 | €10,648 | €0 | -€10,648 | -100% |
| Other amounts payable | 47/48 | €15,231 | €202,819 | +€187,588 | +1,232% |
| Accrued charges and deferred income | 492/3 | €269 | €0 | -€269 | -100% |
| Non-recurring operating income | 76A | €4,248 | €143,458 | +€139,210 | +3,277% |
| Remuneration, social security and pensions | 62 | €84,237 | €28,220 | -€56,017 | -66.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,218 | €6,206 | -€4,012 | -39.3% |
| Other operating charges | 640/8 | €5,168 | €7,932 | +€2,764 | +53.5% |
| Non-recurring operating charges | 66A | - | €3,044 | +€3,044 | |
| Gross operating margin | 9900 | €62,677 | €72,748 | +€10,071 | +16.1% |
| Operating profit (loss) | 9901 | -€36,946 | €27,346 | +€64,292 | |
| Financial income | 75/76B | €4,731 | €4,739 | +€8 | +0.2% |
| Recurring financial income | 75 | €4,731 | €4,739 | +€8 | +0.2% |
| Financial charges | 65/66B | €5,816 | €9,675 | +€3,858 | +66.3% |
| Recurring financial charges | 65 | €5,816 | €9,675 | +€3,858 | +66.3% |
| Profit (loss) for the period before taxes | 9903 | -€38,031 | €22,410 | +€60,441 | |
| Income taxes | 67/77 | €1,621 | €744 | -€877 | -54.1% |
| Profit (loss) for the period | 9904 | -€39,652 | €21,666 | +€61,318 | |
| Profit (loss) for the period to be appropriated | 9905 | -€39,652 | €21,666 | +€61,318 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.