FlexInstall: 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.
FlexInstall
Largest movements
- Receivables within one year -€66,288
down €66,288 (-22.9%), from €290,014 to €223,726
of which Trade receivables: -€75,702
- Tangible fixed assets -€15,384
down €15,384 (-24.8%), from €62,059 to €46,675
of which Land and buildings: -€16,224
- Cash +€10,542
new in 2025: €10,542
mainly Receivables within one year (+€66,288) and Tax, wage and social debts (+€15,618)
- Trade debts -€65,767
down €65,767 (-36.0%), from €182,458 to €116,692
- Reserves +€20,683
up €20,683 (+163.3%), from €12,669 to €33,352
of which Distributable reserves: +€20,683
- Tax, wage and social debts +€15,618
up €15,618 (+946.6%), from €1,650 to €17,268
of which Taxes: +€15,618
- Profit (loss) carried forward -€15,311
down €15,311 (-26.0%), from €58,873 to €43,563
- Debts after one year -€15,000
down €15,000 (-50.0%), from €30,000 to €15,000
- Gross operating margin +€6,816
up €6,816 (+21.3%), from €32,004 to €38,820
- Financial charges +€4,406
up €4,406 (+416.2%), from €1,059 to €5,465
- Taxes +€2,872
up €2,872 (+48.8%), from €5,884 to €8,756
- Other operating charges +€1,597
up €1,597 (+168.1%), from €950 to €2,548
- Depreciation +€1,536
up €1,536 (+23.8%), from €6,460 to €7,996
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 | €354,473 | €284,536 | -€69,937 | -19.7% |
| Fixed assets | 21/28 | €64,459 | €49,035 | -€15,424 | -23.9% |
| Intangible fixed assets | 21 | - | €2,360 | +€2,360 | |
| Tangible fixed assets | 22/27 | €62,059 | €46,675 | -€15,384 | -24.8% |
| Land and buildings | 22 | €38,776 | €22,552 | -€16,224 | -41.8% |
| Plant, machinery and equipment | 23 | €3,252 | €2,616 | -€636 | -19.6% |
| Furniture and vehicles | 24 | €20,031 | €21,508 | +€1,476 | +7.4% |
| Financial fixed assets | 28 | €2,400 | - | -€2,400 | |
| Current assets | 29/58 | €290,014 | €235,502 | -€54,513 | -18.8% |
| Amounts receivable within one year | 40/41 | €290,014 | €223,726 | -€66,288 | -22.9% |
| Trade receivables | 40 | €268,245 | €192,543 | -€75,702 | -28.2% |
| Other amounts receivable | 41 | €21,769 | €31,183 | +€9,414 | +43.2% |
| Cash at bank and in hand | 54/58 | - | €10,542 | +€10,542 | |
| Deferred charges and accrued income | 490/1 | - | €1,234 | +€1,234 | |
| Total equity and liabilities | 10/49 | €354,473 | €284,536 | -€69,937 | -19.7% |
| Equity | 10/15 | €77,742 | €83,114 | +€5,373 | +6.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €12,669 | €33,352 | +€20,683 | +163.3% |
| 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 | €10,809 | €31,492 | +€20,683 | +191.4% |
| Profit (loss) carried forward | 14 | €58,873 | €43,563 | -€15,311 | -26.0% |
| Amounts payable | 17/49 | €276,731 | €201,422 | -€75,309 | -27.2% |
| Amounts payable after more than one year | 17 | €30,000 | €15,000 | -€15,000 | -50.0% |
| Financial debts | 170/4 | €30,000 | €15,000 | -€15,000 | -50.0% |
| Amounts payable within one year | 42/48 | €246,731 | €186,422 | -€60,309 | -24.4% |
| Financial debts | 43 | €22,841 | €25,000 | +€2,159 | +9.4% |
| Credit institutions | 430/8 | €22,841 | €25,000 | +€2,159 | +9.4% |
| Trade debts | 44 | €182,458 | €116,692 | -€65,767 | -36.0% |
| Suppliers | 440/4 | €182,458 | €116,692 | -€65,767 | -36.0% |
| Taxes, remuneration and social security | 45 | €1,650 | €17,268 | +€15,618 | +946.6% |
| Taxes | 450/3 | €1,650 | €17,268 | +€15,618 | +946.6% |
| Remuneration and social security | 454/9 | - | €0 | = | |
| Other amounts payable | 47/48 | €39,781 | €27,462 | -€12,320 | -31.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,460 | €7,996 | +€1,536 | +23.8% |
| Other operating charges | 640/8 | €950 | €2,548 | +€1,597 | +168.1% |
| Non-recurring operating charges | 66A | - | €7,256 | +€7,256 | |
| Gross operating margin | 9900 | €32,004 | €38,820 | +€6,816 | +21.3% |
| Operating profit (loss) | 9901 | €24,594 | €21,021 | -€3,573 | -14.5% |
| Financial income | 75/76B | - | €60 | +€60 | |
| Recurring financial income | 75 | - | €60 | +€60 | |
| Financial charges | 65/66B | €1,059 | €5,465 | +€4,406 | +416.2% |
| Recurring financial charges | 65 | €1,059 | €5,465 | +€4,406 | +416.2% |
| Profit (loss) for the period before taxes | 9903 | €23,535 | €15,616 | -€7,920 | -33.6% |
| Income taxes | 67/77 | €5,884 | €8,756 | +€2,872 | +48.8% |
| Profit (loss) for the period | 9904 | €17,651 | €6,859 | -€10,792 | -61.1% |
| Profit (loss) for the period to be appropriated | 9905 | €17,651 | €6,859 | -€10,792 | -61.1% |
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 8 October 2026 via checked.be.