FLEXIMUM IT: 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.
FLEXIMUM IT
Largest movements
- Receivables within one year -€45,302
down €45,302 (-34.3%), from €132,227 to €86,925
of which Trade receivables: -€49,424
- Tangible fixed assets -€16,278
down €16,278 (-31.4%), from €51,821 to €35,543
of which Furniture and vehicles: -€15,546
- Cash +€6,313
up €6,313 (+40.7%), from €15,501 to €21,814
mainly Receivables within one year (+€45,302) and Contributions, distributions and other (+€21,429)
- Other debts -€27,926
no longer reported in 2025 (was €27,926)
- Tax, wage and social debts -€16,421
down €16,421 (-51.2%), from €32,045 to €15,624
of which Taxes: -€15,968
- Debts after one year -€14,497
down €14,497 (-50.4%), from €28,770 to €14,273
- Current portion of long-term debt +€9,433
up €9,433, from €0 to €9,433
- Short-term financial debts -€6,574
down €6,574 (-43.8%), from €15,000 to €8,426
- Gross operating margin -€32,782
down €32,782 (-52.2%), from €62,854 to €30,072
- Taxes -€4,489
down €4,489 (-24.5%), from €18,296 to €13,807
- Financial charges +€3,105
up €3,105 (+302.5%), from €1,026 to €4,132
- Other operating charges +€1,525
up €1,525 (+137.5%), from €1,109 to €2,633
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 | €244,983 | €189,018 | -€55,965 | -22.8% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €51,821 | €35,543 | -€16,278 | -31.4% |
| Tangible fixed assets | 22/27 | €51,821 | €35,543 | -€16,278 | -31.4% |
| Plant, machinery and equipment | 23 | €1,513 | €781 | -€732 | -48.4% |
| Furniture and vehicles | 24 | €50,308 | €34,762 | -€15,546 | -30.9% |
| Current assets | 29/58 | €193,162 | €153,475 | -€39,687 | -20.5% |
| Stocks and contracts in progress | 3 | €6,616 | €8,116 | +€1,500 | +22.7% |
| Stocks | 30/36 | €6,616 | €8,116 | +€1,500 | +22.7% |
| Amounts receivable within one year | 40/41 | €132,227 | €86,925 | -€45,302 | -34.3% |
| Trade receivables | 40 | €129,227 | €79,803 | -€49,424 | -38.2% |
| Other amounts receivable | 41 | €3,000 | €7,122 | +€4,122 | +137.4% |
| Current investments | 50/53 | €38,818 | €36,620 | -€2,198 | -5.7% |
| Cash at bank and in hand | 54/58 | €15,501 | €21,814 | +€6,313 | +40.7% |
| Total equity and liabilities | 10/49 | €244,983 | €189,018 | -€55,965 | -22.8% |
| Equity | 10/15 | €77,373 | €80,630 | +€3,257 | +4.2% |
| Contributions | 10/11 | €16,200 | €16,200 | = | 0.0% |
| Reserves | 13 | €61,173 | €64,430 | +€3,257 | +5.3% |
| 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 | €59,313 | €62,570 | +€3,257 | +5.5% |
| Amounts payable | 17/49 | €167,610 | €108,388 | -€59,222 | -35.3% |
| Amounts payable after more than one year | 17 | €28,770 | €14,273 | -€14,497 | -50.4% |
| Financial debts | 170/4 | €28,770 | €14,273 | -€14,497 | -50.4% |
| Amounts payable within one year | 42/48 | €138,840 | €94,115 | -€44,725 | -32.2% |
| Current portion of amounts payable after more than one year | 42 | €0 | €9,433 | +€9,433 | |
| Financial debts | 43 | €15,000 | €8,426 | -€6,574 | -43.8% |
| Credit institutions | 430/8 | €15,000 | €8,426 | -€6,574 | -43.8% |
| Trade debts | 44 | €63,868 | €60,632 | -€3,236 | -5.1% |
| Suppliers | 440/4 | €63,868 | €60,632 | -€3,236 | -5.1% |
| Taxes, remuneration and social security | 45 | €32,045 | €15,624 | -€16,421 | -51.2% |
| Taxes | 450/3 | €31,592 | €15,624 | -€15,968 | -50.5% |
| Remuneration and social security | 454/9 | €453 | - | -€453 | |
| Other amounts payable | 47/48 | €27,926 | - | -€27,926 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,988 | €16,278 | +€291 | +1.8% |
| Other operating charges | 640/8 | €1,109 | €2,633 | +€1,525 | +137.5% |
| Non-recurring operating charges | 66A | - | €11,690 | +€11,690 | |
| Gross operating margin | 9900 | €62,854 | €30,072 | -€32,782 | -52.2% |
| Operating profit (loss) | 9901 | €45,758 | -€530 | -€46,287 | |
| Financial income | 75/76B | €86 | €297 | +€210 | +244.2% |
| Recurring financial income | 75 | €86 | €297 | +€210 | +244.2% |
| Financial charges | 65/66B | €1,026 | €4,132 | +€3,105 | +302.5% |
| Recurring financial charges | 65 | €1,026 | €4,132 | +€3,105 | +302.5% |
| Profit (loss) for the period before taxes | 9903 | €44,817 | -€4,365 | -€49,182 | |
| Income taxes | 67/77 | €18,296 | €13,807 | -€4,489 | -24.5% |
| Profit (loss) for the period | 9904 | €26,521 | -€18,172 | -€44,693 | |
| Profit (loss) for the period to be appropriated | 9905 | €26,521 | -€18,172 | -€44,693 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.