FLEXMINDS: 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.
FLEXMINDS
Largest movements
- Receivables within one year +€4,568
up €4,568 (+3.9%), from €116,000 to €120,568
of which Trade receivables: +€52,074
- Cash -€1,558
down €1,558 (-6.1%), from €25,401 to €23,843
mainly Other debts (-€60,733) and Current portion of long-term debt (-€8,388)
- Profit (loss) carried forward +€68,487
up €68,487 (+70.8%), from -€96,695 to -€28,208
- Other debts -€60,733
no longer reported in 2025 (was €60,733)
- Current portion of long-term debt -€8,388
no longer reported in 2025 (was €8,388)
- Tax, wage and social debts +€6,685
up €6,685 (+70.7%), from €9,462 to €16,147
- Trade debts -€2,758
down €2,758 (-60.2%), from €4,583 to €1,825
- Gross operating margin +€42,223
up €42,223 (+149.6%), from €28,228 to €70,451
- Depreciation -€11,871
down €11,871 (-97.3%), from €12,204 to €333
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 | €142,151 | €145,444 | +€3,293 | +2.3% |
| Fixed assets | 21/28 | €181 | €441 | +€260 | +143.6% |
| Tangible fixed assets | 22/27 | €181 | €441 | +€260 | +143.6% |
| Plant, machinery and equipment | 23 | €181 | €441 | +€260 | +143.6% |
| Current assets | 29/58 | €141,970 | €145,003 | +€3,033 | +2.1% |
| Amounts receivable within one year | 40/41 | €116,000 | €120,568 | +€4,568 | +3.9% |
| Trade receivables | 40 | - | €52,074 | +€52,074 | |
| Other amounts receivable | 41 | €116,000 | €68,494 | -€47,506 | -41.0% |
| Cash at bank and in hand | 54/58 | €25,401 | €23,843 | -€1,558 | -6.1% |
| Deferred charges and accrued income | 490/1 | €569 | €592 | +€23 | +4.0% |
| Total equity and liabilities | 10/49 | €142,151 | €145,444 | +€3,293 | +2.3% |
| Equity | 10/15 | €58,985 | €127,472 | +€68,487 | +116.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €143,280 | €143,280 | = | 0.0% |
| Distributable reserves | 133 | €143,280 | €143,280 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€96,695 | -€28,208 | +€68,487 | +70.8% |
| Amounts payable | 17/49 | €83,166 | €17,972 | -€65,194 | -78.4% |
| Amounts payable within one year | 42/48 | €83,166 | €17,972 | -€65,194 | -78.4% |
| Current portion of amounts payable after more than one year | 42 | €8,388 | - | -€8,388 | |
| Trade debts | 44 | €4,583 | €1,825 | -€2,758 | -60.2% |
| Suppliers | 440/4 | €4,583 | €1,825 | -€2,758 | -60.2% |
| Taxes, remuneration and social security | 45 | €9,462 | €16,147 | +€6,685 | +70.7% |
| Taxes | 450/3 | €9,462 | €16,147 | +€6,685 | +70.7% |
| Other amounts payable | 47/48 | €60,733 | - | -€60,733 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,204 | €333 | -€11,871 | -97.3% |
| Other operating charges | 640/8 | €926 | €847 | -€79 | -8.5% |
| Gross operating margin | 9900 | €28,228 | €70,451 | +€42,223 | +149.6% |
| Operating profit (loss) | 9901 | €15,098 | €69,271 | +€54,173 | +358.8% |
| Financial charges | 65/66B | €428 | €358 | -€70 | -16.4% |
| Recurring financial charges | 65 | €428 | €358 | -€70 | -16.4% |
| Profit (loss) for the period before taxes | 9903 | €14,670 | €68,913 | +€54,243 | +369.8% |
| Income taxes | 67/77 | €440 | €426 | -€14 | -3.2% |
| Profit (loss) for the period | 9904 | €14,230 | €68,487 | +€54,257 | +381.3% |
| Profit (loss) for the period to be appropriated | 9905 | €14,230 | €68,487 | +€54,257 | +381.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.