FLEXMA: 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.
FLEXMA
Largest movements
- Cash +€26,635
up €26,635 (+29.5%), from €90,424 to €117,059
mainly Net result for the year (+€48,427) and Other debts (+€15,691)
- Receivables within one year +€7,453
up €7,453 (+51.9%), from €14,361 to €21,814
of which Trade receivables: +€6,250
- Reserves +€18,427
up €18,427 (+21.7%), from €84,925 to €103,352
- Other debts +€15,691
up €15,691 (+613.9%), from €2,556 to €18,247
- Trade debts -€6,345
down €6,345 (-97.2%), from €6,529 to €184
- Tax, wage and social debts +€4,844
up €4,844 (+170.1%), from €2,848 to €7,692
- Gross operating margin +€32,532
up €32,532 (+105.1%), from €30,939 to €63,472
- Depreciation -€13,457
down €13,457 (-81.6%), from €16,485 to €3,028
- Taxes +€1,224
up €1,224 (+12.6%), from €9,686 to €10,910
- Other operating charges -€1,137
down €1,137 (-65.8%), from €1,728 to €591
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 | €115,458 | €148,075 | +€32,617 | +28.2% |
| Fixed assets | 21/28 | €10,673 | €9,202 | -€1,471 | -13.8% |
| Tangible fixed assets | 22/27 | €10,673 | €9,202 | -€1,471 | -13.8% |
| Plant, machinery and equipment | 23 | €9,204 | €8,372 | -€832 | -9.0% |
| Furniture and vehicles | 24 | €1,469 | €830 | -€639 | -43.5% |
| Current assets | 29/58 | €104,786 | €138,873 | +€34,088 | +32.5% |
| Amounts receivable within one year | 40/41 | €14,361 | €21,814 | +€7,453 | +51.9% |
| Trade receivables | 40 | €8,974 | €15,224 | +€6,250 | +69.6% |
| Other amounts receivable | 41 | €5,387 | €6,590 | +€1,203 | +22.3% |
| Cash at bank and in hand | 54/58 | €90,424 | €117,059 | +€26,635 | +29.5% |
| Total equity and liabilities | 10/49 | €115,458 | €148,075 | +€32,617 | +28.2% |
| Equity | 10/15 | €103,525 | €121,952 | +€18,427 | +17.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €84,925 | €103,352 | +€18,427 | +21.7% |
| Distributable reserves | 133 | €84,925 | €103,352 | +€18,427 | +21.7% |
| Amounts payable | 17/49 | €11,934 | €26,123 | +€14,190 | +118.9% |
| Amounts payable within one year | 42/48 | €11,934 | €26,123 | +€14,190 | +118.9% |
| Trade debts | 44 | €6,529 | €184 | -€6,345 | -97.2% |
| Suppliers | 440/4 | €6,529 | €184 | -€6,345 | -97.2% |
| Taxes, remuneration and social security | 45 | €2,848 | €7,692 | +€4,844 | +170.1% |
| Taxes | 450/3 | €2,848 | €7,692 | +€4,844 | +170.1% |
| Other amounts payable | 47/48 | €2,556 | €18,247 | +€15,691 | +613.9% |
| Non-recurring operating income | 76A | - | €24,000 | +€24,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,485 | €3,028 | -€13,457 | -81.6% |
| Other operating charges | 640/8 | €1,728 | €591 | -€1,137 | -65.8% |
| Gross operating margin | 9900 | €30,939 | €63,472 | +€32,532 | +105.1% |
| Operating profit (loss) | 9901 | €12,727 | €59,853 | +€47,126 | +370.3% |
| Financial income | 75/76B | - | €44 | +€44 | |
| Recurring financial income | 75 | - | €44 | +€44 | |
| Financial charges | 65/66B | €624 | €559 | -€65 | -10.4% |
| Recurring financial charges | 65 | €624 | €559 | -€65 | -10.4% |
| Profit (loss) for the period before taxes | 9903 | €12,104 | €59,337 | +€47,234 | +390.2% |
| Income taxes | 67/77 | €9,686 | €10,910 | +€1,224 | +12.6% |
| Profit (loss) for the period | 9904 | €2,417 | €48,427 | +€46,010 | +1903.4% |
| Profit (loss) for the period to be appropriated | 9905 | €2,417 | €48,427 | +€46,010 | +1903.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.