Flexlead: 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.
Flexlead
Largest movements
- Cash -€39,363
down €39,363 (-57.0%), from €69,027 to €29,664
mainly Net result for the year (-€21,188) and Receivables within one year (-€9,936)
- Receivables within one year +€9,936
up €9,936 (+842.8%), from €1,179 to €11,115
of which Trade receivables: +€9,441
- Tangible fixed assets +€8,072
up €8,072 (+136.9%), from €5,897 to €13,969
of which Furniture and vehicles: +€9,083
- Deferred charges and accrued income -€928
down €928 (-50.0%), from €1,856 to €928
- Profit (loss) carried forward -€21,188
down €21,188 (-39.3%), from €53,956 to €32,767
- Tax, wage and social debts -€5,854
down €5,854 (-31.4%), from €18,665 to €12,811
of which Taxes: -€5,861
- Other debts +€2,133
up €2,133 (+973.9%), from €219 to €2,352
- Trade debts +€2,107
up €2,107 (+50.7%), from €4,160 to €6,267
- Gross operating margin -€84,690
down €84,690, from €66,538 to -€18,152
- Taxes -€19,831
down €19,831 (-97.9%), from €20,251 to €420
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 | €77,999 | €55,716 | -€22,283 | -28.6% |
| Fixed assets | 21/28 | €5,937 | €14,009 | +€8,072 | +136.0% |
| Tangible fixed assets | 22/27 | €5,897 | €13,969 | +€8,072 | +136.9% |
| Furniture and vehicles | 24 | - | €9,083 | +€9,083 | |
| Other tangible fixed assets | 26 | €5,897 | €4,886 | -€1,010 | -17.1% |
| Financial fixed assets | 28 | €40 | €40 | = | 0.0% |
| Current assets | 29/58 | €72,063 | €41,708 | -€30,355 | -42.1% |
| Amounts receivable within one year | 40/41 | €1,179 | €11,115 | +€9,936 | +842.8% |
| Trade receivables | 40 | €0 | €9,441 | +€9,441 | |
| Other amounts receivable | 41 | €1,179 | €1,674 | +€495 | +42.0% |
| Cash at bank and in hand | 54/58 | €69,027 | €29,664 | -€39,363 | -57.0% |
| Deferred charges and accrued income | 490/1 | €1,856 | €928 | -€928 | -50.0% |
| Total equity and liabilities | 10/49 | €77,999 | €55,716 | -€22,283 | -28.6% |
| Equity | 10/15 | €54,956 | €33,767 | -€21,188 | -38.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €53,956 | €32,767 | -€21,188 | -39.3% |
| Amounts payable | 17/49 | €23,044 | €21,949 | -€1,095 | -4.8% |
| Amounts payable within one year | 42/48 | €23,044 | €21,429 | -€1,615 | -7.0% |
| Trade debts | 44 | €4,160 | €6,267 | +€2,107 | +50.7% |
| Suppliers | 440/4 | €4,160 | €6,267 | +€2,107 | +50.7% |
| Taxes, remuneration and social security | 45 | €18,665 | €12,811 | -€5,854 | -31.4% |
| Taxes | 450/3 | €16,596 | €10,735 | -€5,861 | -35.3% |
| Remuneration and social security | 454/9 | €2,069 | €2,076 | +€7 | +0.3% |
| Other amounts payable | 47/48 | €219 | €2,352 | +€2,133 | +973.9% |
| Accrued charges and deferred income | 492/3 | - | €520 | +€520 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,010 | €1,293 | +€282 | +27.9% |
| Other operating charges | 640/8 | €1,643 | €1,288 | -€355 | -21.6% |
| Gross operating margin | 9900 | €66,538 | -€18,152 | -€84,690 | |
| Operating profit (loss) | 9901 | €63,885 | -€20,733 | -€84,617 | |
| Financial income | 75/76B | €39 | €0 | -€39 | -100.0% |
| Recurring financial income | 75 | €39 | €0 | -€39 | -100.0% |
| Financial charges | 65/66B | €147 | €35 | -€112 | -75.9% |
| Recurring financial charges | 65 | €147 | €35 | -€112 | -75.9% |
| Profit (loss) for the period before taxes | 9903 | €63,777 | -€20,768 | -€84,545 | |
| Income taxes | 67/77 | €20,251 | €420 | -€19,831 | -97.9% |
| Profit (loss) for the period | 9904 | €43,525 | -€21,188 | -€64,714 | |
| Profit (loss) for the period to be appropriated | 9905 | €43,525 | -€21,188 | -€64,714 |
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 5 October 2026 via checked.be.