Flexitrade: what changed
Flexitrade
Largest movements
- Cash -€62,950
down €62,950 (-45.0%), from €139,824 to €76,875
mainly Net result for the year (-€44,071) and Investment in fixed assets (net) (-€15,708)
- Tangible fixed assets +€11,754
up €11,754 (+339%), from €3,463 to €15,217
of which Furniture and vehicles: +€8,863
- Receivables within one year +€2,298
up €2,298 (+7.6%), from €30,434 to €32,732
of which Other amounts receivable: +€18,248
- Stocks and contracts -€2,234
no longer reported in 2025 (was €2,234)
- Profit (loss) carried forward -€44,071
down €44,071, from €0 to -€44,071
- Other debts -€8,157
down €8,157 (-17.8%), from €45,839 to €37,682
- Gross operating margin -€82,071
down €82,071, from €43,771 to -€38,300
- Taxes -€10,724
down €10,724 (-93.4%), from €11,485 to €762
- Depreciation +€1,320
up €1,320 (+50.1%), from €2,633 to €3,953
- Other operating charges -€826
down €826 (-50.8%), from €1,627 to €801
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 | €175,954 | €124,823 | -€51,131 | -29.1% |
| Fixed assets | 21/28 | €3,463 | €15,217 | +€11,754 | +339% |
| Tangible fixed assets | 22/27 | €3,463 | €15,217 | +€11,754 | +339% |
| Plant, machinery and equipment | 23 | - | €2,892 | +€2,892 | |
| Furniture and vehicles | 24 | €3,463 | €12,326 | +€8,863 | +256% |
| Current assets | 29/58 | €172,491 | €109,606 | -€62,885 | -36.5% |
| Stocks and contracts in progress | 3 | €2,234 | - | -€2,234 | |
| Stocks | 30/36 | €2,234 | - | -€2,234 | |
| Amounts receivable within one year | 40/41 | €30,434 | €32,732 | +€2,298 | +7.6% |
| Trade receivables | 40 | €19,670 | €3,719 | -€15,950 | -81.1% |
| Other amounts receivable | 41 | €10,764 | €29,013 | +€18,248 | +170% |
| Cash at bank and in hand | 54/58 | €139,824 | €76,875 | -€62,950 | -45.0% |
| Total equity and liabilities | 10/49 | €175,954 | €124,823 | -€51,131 | -29.1% |
| Equity | 10/15 | €118,791 | €74,719 | -€44,071 | -37.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €108,791 | €108,791 | = | 0.0% |
| Distributable reserves | 133 | €108,791 | €108,791 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€44,071 | -€44,071 | |
| Amounts payable | 17/49 | €57,164 | €50,104 | -€7,060 | -12.4% |
| Amounts payable within one year | 42/48 | €57,164 | €50,104 | -€7,060 | -12.4% |
| Trade debts | 44 | €3,825 | €4,475 | +€650 | +17.0% |
| Suppliers | 440/4 | €3,825 | €4,475 | +€650 | +17.0% |
| Taxes, remuneration and social security | 45 | €7,500 | €7,948 | +€448 | +6.0% |
| Taxes | 450/3 | €3,900 | €4,348 | +€448 | +11.5% |
| Remuneration and social security | 454/9 | €3,600 | €3,600 | = | 0.0% |
| Other amounts payable | 47/48 | €45,839 | €37,682 | -€8,157 | -17.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,633 | €3,953 | +€1,320 | +50.1% |
| Other operating charges | 640/8 | €1,627 | €801 | -€826 | -50.8% |
| Gross operating margin | 9900 | €43,771 | -€38,300 | -€82,071 | |
| Operating profit (loss) | 9901 | €39,511 | -€43,054 | -€82,566 | |
| Financial income | 75/76B | €0 | €3 | +€3 | +1,457% |
| Recurring financial income | 75 | €0 | €3 | +€3 | +1,457% |
| Financial charges | 65/66B | €553 | €259 | -€294 | -53.2% |
| Recurring financial charges | 65 | €553 | €259 | -€294 | -53.2% |
| Profit (loss) for the period before taxes | 9903 | €38,959 | -€43,310 | -€82,268 | |
| Income taxes | 67/77 | €11,485 | €762 | -€10,724 | -93.4% |
| Profit (loss) for the period | 9904 | €27,473 | -€44,071 | -€71,544 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,473 | -€44,071 | -€71,544 |
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 6 November 2026 via checked.be.