FlexiQ: 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.
FlexiQ
Largest movements
- Cash -€141,887
down €141,887 (-69.8%), from €203,161 to €61,274
mainly Net result for the year (-€153,366) and Trade debts (-€25,293)
- Stocks and contracts -€31,314
down €31,314 (-24.4%), from €128,593 to €97,279
- Receivables within one year -€14,354
down €14,354 (-25.4%), from €56,586 to €42,232
of which Other amounts receivable: -€11,164
- Deferred charges and accrued income +€9,463
up €9,463 (+244.1%), from €3,877 to €13,340
- Profit (loss) carried forward -€153,366
down €153,366 (-345.0%), from -€44,453 to -€197,819
- Trade debts -€25,293
down €25,293 (-32.8%), from €77,116 to €51,823
- Advances received -€7,035
down €7,035 (-46.9%), from €15,005 to €7,970
- Gross operating margin -€327,686
down €327,686, from €178,269 to -€149,417
- Financial charges -€28,911
down €28,911 (-90.0%), from €32,130 to €3,219
- Financial income -€5,533
down €5,533 (-52.0%), from €10,631 to €5,098
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 | €403,166 | €220,257 | -€182,909 | -45.4% |
| Fixed assets | 21/28 | €10,949 | €6,132 | -€4,817 | -44.0% |
| Intangible fixed assets | 21 | €4,521 | €2,520 | -€2,001 | -44.3% |
| Tangible fixed assets | 22/27 | €6,428 | €3,612 | -€2,816 | -43.8% |
| Furniture and vehicles | 24 | €6,428 | €3,612 | -€2,816 | -43.8% |
| Current assets | 29/58 | €392,217 | €214,125 | -€178,092 | -45.4% |
| Stocks and contracts in progress | 3 | €128,593 | €97,279 | -€31,314 | -24.4% |
| Stocks | 30/36 | €128,593 | €97,279 | -€31,314 | -24.4% |
| Amounts receivable within one year | 40/41 | €56,586 | €42,232 | -€14,354 | -25.4% |
| Trade receivables | 40 | €29,830 | €26,640 | -€3,190 | -10.7% |
| Other amounts receivable | 41 | €26,756 | €15,592 | -€11,164 | -41.7% |
| Cash at bank and in hand | 54/58 | €203,161 | €61,274 | -€141,887 | -69.8% |
| Deferred charges and accrued income | 490/1 | €3,877 | €13,340 | +€9,463 | +244.1% |
| Total equity and liabilities | 10/49 | €403,166 | €220,257 | -€182,909 | -45.4% |
| Equity | 10/15 | -€41,953 | -€195,319 | -€153,366 | -365.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,453 | -€197,819 | -€153,366 | -345.0% |
| Amounts payable | 17/49 | €445,119 | €415,576 | -€29,543 | -6.6% |
| Amounts payable after more than one year | 17 | €320,000 | €320,000 | = | 0.0% |
| Financial debts | 170/4 | €320,000 | €320,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €92,292 | €62,749 | -€29,543 | -32.0% |
| Trade debts | 44 | €77,116 | €51,823 | -€25,293 | -32.8% |
| Suppliers | 440/4 | €77,116 | €51,823 | -€25,293 | -32.8% |
| Advances received on contracts in progress | 46 | €15,005 | €7,970 | -€7,035 | -46.9% |
| Taxes, remuneration and social security | 45 | €171 | €2,956 | +€2,785 | +1628.7% |
| Taxes | 450/3 | €171 | €2,956 | +€2,785 | +1628.7% |
| Accrued charges and deferred income | 492/3 | €32,827 | €32,827 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,022 | €4,816 | +€794 | +19.7% |
| Other operating charges | 640/8 | €901 | €1,012 | +€111 | +12.3% |
| Gross operating margin | 9900 | €178,269 | -€149,417 | -€327,686 | |
| Operating profit (loss) | 9901 | €173,346 | -€155,245 | -€328,591 | |
| Financial income | 75/76B | €10,631 | €5,098 | -€5,533 | -52.0% |
| Recurring financial income | 75 | €10,631 | €5,098 | -€5,533 | -52.0% |
| Financial charges | 65/66B | €32,130 | €3,219 | -€28,911 | -90.0% |
| Recurring financial charges | 65 | €32,130 | €3,219 | -€28,911 | -90.0% |
| Profit (loss) for the period before taxes | 9903 | €151,847 | -€153,366 | -€305,213 | |
| Profit (loss) for the period | 9904 | €151,847 | -€153,366 | -€305,213 | |
| Profit (loss) for the period to be appropriated | 9905 | €151,847 | -€153,366 | -€305,213 |
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 7 October 2026 via checked.be.