FLEXITALLIC BENELUX: what changed
FLEXITALLIC BENELUX
Largest movements
- Receivables within one year +€598,820
up €598,820 (+194%), from €309,035 to €907,855
of which Trade receivables: +€603,453
- Stocks and contracts -€156,246
down €156,246 (-24.3%), from €642,232 to €485,986
- Cash -€112,287
down €112,287 (-44.7%), from €251,223 to €138,935
mainly Receivables within one year (-€598,820) and Net result for the year (-€107,425)
- Tangible fixed assets -€84,644
down €84,644 (-15.3%), from €553,059 to €468,414
of which Plant, machinery and equipment: -€79,352
- Deferred charges and accrued income +€30,236
up €30,236 (+178%), from €17,012 to €47,249
- Tax, wage and social debts +€187,474
up €187,474 (+148%), from €126,892 to €314,367
of which Remuneration and social security: +€121,167
- Trade debts +€107,703
up €107,703 (+78.2%), from €137,770 to €245,473
- Profit (loss) carried forward -€107,425
down €107,425 (-5.0%), from -€2.2m to -€2.3m
- Other debts +€70,624
up €70,624 (+1.8%), from €3.8m to €3.9m
- Staff costs +€70,402
up €70,402 (+7.0%), from €1.0m to €1.1m
- Financial income +€70,309
up €70,309 (+2,681%), from €2,623 to €72,931
- Gross operating margin -€54,610
down €54,610 (-4.8%), from €1.1m to €1.1m
- Financial charges -€48,833
down €48,833 (-72.3%), from €67,577 to €18,744
- Write-downs -€35,931
down €35,931 (-80.1%), from €44,855 to €8,924
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,958,766 | €2,217,142 | +€258,377 | +13.2% |
| Fixed assets | 21/28 | €739,264 | €637,118 | -€102,146 | -13.8% |
| Intangible fixed assets | 21 | €168,205 | €150,703 | -€17,502 | -10.4% |
| Tangible fixed assets | 22/27 | €553,059 | €468,414 | -€84,644 | -15.3% |
| Plant, machinery and equipment | 23 | €517,812 | €438,461 | -€79,352 | -15.3% |
| Furniture and vehicles | 24 | €35,246 | €29,954 | -€5,292 | -15.0% |
| Financial fixed assets | 28 | €18,000 | €18,000 | = | 0.0% |
| Current assets | 29/58 | €1,219,502 | €1,580,025 | +€360,523 | +29.6% |
| Stocks and contracts in progress | 3 | €642,232 | €485,986 | -€156,246 | -24.3% |
| Stocks | 30/36 | €642,232 | €485,986 | -€156,246 | -24.3% |
| Amounts receivable within one year | 40/41 | €309,035 | €907,855 | +€598,820 | +194% |
| Trade receivables | 40 | €300,235 | €903,688 | +€603,453 | +201% |
| Other amounts receivable | 41 | €8,800 | €4,167 | -€4,633 | -52.7% |
| Cash at bank and in hand | 54/58 | €251,223 | €138,935 | -€112,287 | -44.7% |
| Deferred charges and accrued income | 490/1 | €17,012 | €47,249 | +€30,236 | +178% |
| Total equity and liabilities | 10/49 | €1,958,766 | €2,217,142 | +€258,377 | +13.2% |
| Equity | 10/15 | -€2,144,266 | -€2,251,691 | -€107,425 | -5.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,162,866 | -€2,270,291 | -€107,425 | -5.0% |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Environmental obligations | 163 | €0 | - | = | |
| Amounts payable | 17/49 | €4,103,032 | €4,468,834 | +€365,802 | +8.9% |
| Amounts payable within one year | 42/48 | €4,103,032 | €4,468,834 | +€365,802 | +8.9% |
| Trade debts | 44 | €137,770 | €245,473 | +€107,703 | +78.2% |
| Suppliers | 440/4 | €137,770 | €245,473 | +€107,703 | +78.2% |
| Taxes, remuneration and social security | 45 | €126,892 | €314,367 | +€187,474 | +148% |
| Taxes | 450/3 | €17,772 | €84,079 | +€66,307 | +373% |
| Remuneration and social security | 454/9 | €109,120 | €230,287 | +€121,167 | +111% |
| Other amounts payable | 47/48 | €3,838,369 | €3,908,994 | +€70,624 | +1.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €1,009,945 | €1,080,347 | +€70,402 | +7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €132,660 | €139,458 | +€6,798 | +5.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €44,855 | €8,924 | -€35,931 | -80.1% |
| Other operating charges | 640/8 | €17,433 | €20,587 | +€3,154 | +18.1% |
| Gross operating margin | 9900 | €1,144,238 | €1,089,628 | -€54,610 | -4.8% |
| Operating profit (loss) | 9901 | -€60,655 | -€159,687 | -€99,032 | -163% |
| Financial income | 75/76B | €2,623 | €72,931 | +€70,309 | +2,681% |
| Recurring financial income | 75 | €2,623 | €72,931 | +€70,309 | +2,681% |
| Financial charges | 65/66B | €67,577 | €18,744 | -€48,833 | -72.3% |
| Recurring financial charges | 65 | €67,577 | €18,744 | -€48,833 | -72.3% |
| Profit (loss) for the period before taxes | 9903 | -€125,609 | -€105,500 | +€20,109 | +16.0% |
| Income taxes | 67/77 | -€2,254 | €1,926 | +€4,180 | |
| Profit (loss) for the period | 9904 | -€123,355 | -€107,425 | +€15,929 | +12.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€123,355 | -€107,425 | +€15,929 | +12.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.