Flexline IT Solutions: 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.
Flexline IT Solutions
Largest movements
- Current investments -€80,000
down €80,000 (-100.0%), from €80,000 to €0
- Receivables within one year +€17,712
up €17,712 (+75.5%), from €23,459 to €41,171
of which Trade receivables: +€11,307
- Tangible fixed assets +€14,340
up €14,340 (+105.9%), from €13,539 to €27,879
of which Furniture and vehicles: +€14,883
- Cash -€5,601
down €5,601 (-7.1%), from €78,994 to €73,393
mainly Contributions, distributions and other (-€196,692) and Investment in fixed assets (net) (-€20,178)
- Deferred charges and accrued income +€2,012
up €2,012 (+61.5%), from €3,273 to €5,285
- Reserves -€136,000
down €136,000 (-92.6%), from €146,934 to €10,934
- Other debts +€88,608
up €88,608 (+983.2%), from €9,012 to €97,620
- Tax, wage and social debts -€15,196
down €15,196 (-38.0%), from €39,963 to €24,767
- Trade debts +€11,051
up €11,051 (+329.3%), from €3,356 to €14,407
- Gross operating margin +€24,041
up €24,041 (+36.5%), from €65,918 to €89,959
- Taxes +€4,346
up €4,346 (+35.7%), from €12,182 to €16,528
- Write-downs +€3,660
new in 2025: €3,660
- Depreciation -€1,233
down €1,233 (-17.4%), from €7,071 to €5,838
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 | €199,265 | €147,727 | -€51,537 | -25.9% |
| Fixed assets | 21/28 | €13,539 | €27,879 | +€14,340 | +105.9% |
| Tangible fixed assets | 22/27 | €13,539 | €27,879 | +€14,340 | +105.9% |
| Plant, machinery and equipment | 23 | €543 | €0 | -€543 | -100.0% |
| Furniture and vehicles | 24 | €12,996 | €27,879 | +€14,883 | +114.5% |
| Current assets | 29/58 | €185,726 | €119,848 | -€65,877 | -35.5% |
| Amounts receivable within one year | 40/41 | €23,459 | €41,171 | +€17,712 | +75.5% |
| Trade receivables | 40 | €23,459 | €34,766 | +€11,307 | +48.2% |
| Other amounts receivable | 41 | - | €6,405 | +€6,405 | |
| Current investments | 50/53 | €80,000 | €0 | -€80,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €78,994 | €73,393 | -€5,601 | -7.1% |
| Deferred charges and accrued income | 490/1 | €3,273 | €5,285 | +€2,012 | +61.5% |
| Total equity and liabilities | 10/49 | €199,265 | €147,727 | -€51,537 | -25.9% |
| Equity | 10/15 | €146,934 | €10,934 | -€136,000 | -92.6% |
| Reserves | 13 | €146,934 | €10,934 | -€136,000 | -92.6% |
| Distributable reserves | 133 | €146,934 | €10,934 | -€136,000 | -92.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €52,331 | €136,794 | +€84,463 | +161.4% |
| Amounts payable within one year | 42/48 | €52,331 | €136,794 | +€84,463 | +161.4% |
| Trade debts | 44 | €3,356 | €14,407 | +€11,051 | +329.3% |
| Suppliers | 440/4 | €3,356 | €14,407 | +€11,051 | +329.3% |
| Taxes, remuneration and social security | 45 | €39,963 | €24,767 | -€15,196 | -38.0% |
| Taxes | 450/3 | €39,963 | €24,767 | -€15,196 | -38.0% |
| Other amounts payable | 47/48 | €9,012 | €97,620 | +€88,608 | +983.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €470 | +€470 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,071 | €5,838 | -€1,233 | -17.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €3,660 | +€3,660 | |
| Other operating charges | 640/8 | €1,118 | €968 | -€150 | -13.4% |
| Gross operating margin | 9900 | €65,918 | €89,959 | +€24,041 | +36.5% |
| Operating profit (loss) | 9901 | €57,729 | €79,493 | +€21,764 | +37.7% |
| Financial income | 75/76B | €1,424 | €798 | -€626 | -44.0% |
| Recurring financial income | 75 | €1,424 | €798 | -€626 | -44.0% |
| Financial charges | 65/66B | €3,288 | €3,071 | -€216 | -6.6% |
| Recurring financial charges | 65 | €3,288 | €3,071 | -€216 | -6.6% |
| Profit (loss) for the period before taxes | 9903 | €55,866 | €77,219 | +€21,354 | +38.2% |
| Income taxes | 67/77 | €12,182 | €16,528 | +€4,346 | +35.7% |
| Profit (loss) for the period | 9904 | €43,684 | €60,692 | +€17,008 | +38.9% |
| Profit (loss) for the period to be appropriated | 9905 | €43,684 | €60,692 | +€17,008 | +38.9% |
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 4 October 2026 via checked.be.