FLEXIWORKS: what changed
Two financial 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.
FLEXIWORKS
Largest movements
- Receivables within one year +€36,109
up €36,109 (+47.9%), from €75,340 to €111,449
of which Other amounts receivable: +€42,259
- Cash +€3,404
up €3,404 (+3,441%), from €99 to €3,503
mainly Net result for the year (+€21,961) and Tax, wage and social debts (+€12,011)
- Tangible fixed assets -€3,107
down €3,107 (-29.3%), from €10,622 to €7,515
- Profit (loss) carried forward +€21,961
new in 2025: €21,961
- Other debts -€18,127
no longer reported in 2025 (was €18,127)
- Tax, wage and social debts +€12,011
up €12,011 (+99.6%), from €12,061 to €24,072
- Trade debts +€11,132
up €11,132 (+1,960%), from €568 to €11,699
- Current portion of long-term debt +€7,848
new in 2025: €7,848
- Gross operating margin -€7,917
down €7,917 (-14.0%), from €56,361 to €48,444
- Staff costs +€5,216
up €5,216 (+2,208%), from €236 to €5,453
- Depreciation +€3,190
up €3,190 (+305%), from €1,047 to €4,237
- Taxes +€2,398
up €2,398 (+22.1%), from €10,841 to €13,239
- Financial income +€909
up €909 (+45,430%), from €2 to €911
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.
Derived cash bridge
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 | €88,647 | €125,041 | +€36,394 | +41.1% |
| Fixed assets | 21/28 | €10,622 | €7,515 | -€3,107 | -29.3% |
| Tangible fixed assets | 22/27 | €10,622 | €7,515 | -€3,107 | -29.3% |
| Furniture and vehicles | 24 | €10,622 | €7,515 | -€3,107 | -29.3% |
| Current assets | 29/58 | €78,025 | €117,526 | +€39,501 | +50.6% |
| Stocks and contracts in progress | 3 | €2,587 | €2,377 | -€210 | -8.1% |
| Stocks | 30/36 | €2,587 | €2,377 | -€210 | -8.1% |
| Amounts receivable within one year | 40/41 | €75,340 | €111,449 | +€36,109 | +47.9% |
| Trade receivables | 40 | €75,340 | €69,189 | -€6,151 | -8.2% |
| Other amounts receivable | 41 | - | €42,259 | +€42,259 | |
| Cash at bank and in hand | 54/58 | €99 | €3,503 | +€3,404 | +3,441% |
| Deferred charges and accrued income | 490/1 | - | €197 | +€197 | |
| Total equity and liabilities | 10/49 | €88,647 | €125,041 | +€36,394 | +41.1% |
| Equity | 10/15 | €41,945 | €63,907 | +€21,961 | +52.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €23,345 | €23,345 | = | 0.0% |
| Distributable reserves | 133 | €23,345 | €23,345 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €21,961 | +€21,961 | |
| Amounts payable | 17/49 | €46,702 | €61,134 | +€14,433 | +30.9% |
| Amounts payable within one year | 42/48 | €46,702 | €61,134 | +€14,433 | +30.9% |
| Current portion of amounts payable after more than one year | 42 | - | €7,848 | +€7,848 | |
| Financial debts | 43 | €15,946 | €17,515 | +€1,569 | +9.8% |
| Credit institutions | 430/8 | €15,946 | €17,515 | +€1,569 | +9.8% |
| Trade debts | 44 | €568 | €11,699 | +€11,132 | +1,960% |
| Suppliers | 440/4 | €568 | €11,699 | +€11,132 | +1,960% |
| Taxes, remuneration and social security | 45 | €12,061 | €24,072 | +€12,011 | +99.6% |
| Taxes | 450/3 | €12,061 | €24,072 | +€12,011 | +99.6% |
| Other amounts payable | 47/48 | €18,127 | - | -€18,127 | |
| Remuneration, social security and pensions | 62 | €236 | €5,453 | +€5,216 | +2,208% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,047 | €4,237 | +€3,190 | +305% |
| Other operating charges | 640/8 | €1,136 | €1,769 | +€633 | +55.7% |
| Gross operating margin | 9900 | €56,361 | €48,444 | -€7,917 | -14.0% |
| Operating profit (loss) | 9901 | €53,942 | €36,985 | -€16,957 | -31.4% |
| Financial income | 75/76B | €2 | €911 | +€909 | +45,430% |
| Recurring financial income | 75 | €2 | €911 | +€909 | +45,430% |
| Financial charges | 65/66B | €2,489 | €2,695 | +€206 | +8.3% |
| Recurring financial charges | 65 | €2,489 | €2,695 | +€206 | +8.3% |
| Profit (loss) for the period before taxes | 9903 | €51,455 | €35,200 | -€16,254 | -31.6% |
| Income taxes | 67/77 | €10,841 | €13,239 | +€2,398 | +22.1% |
| Profit (loss) for the period | 9904 | €40,613 | €21,961 | -€18,652 | -45.9% |
| Profit (loss) for the period to be appropriated | 9905 | €40,613 | €21,961 | -€18,652 | -45.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.