FleXpert: 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.
FleXpert
Largest movements
- Receivables within one year +€19,796
up €19,796 (+83.9%), from €23,596 to €43,392
of which Trade receivables: +€19,806
- Cash -€5,900
down €5,900 (-8.2%), from €71,721 to €65,820
mainly Contributions, distributions and other (-€128,253) and Receivables within one year (-€19,796)
- Other debts +€89,058
up €89,058 (+25091.8%), from €355 to €89,413
- Reserves -€75,000
down €75,000 (-99.8%), from €75,182 to €182
- Financial income +€14,220
up €14,220 (+4328.4%), from €329 to €14,548
of which Non-recurring financial income: +€13,966
- Write-downs -€13,966
down €13,966 (-100.0%), from €13,966 to €0
- Taxes +€5,774
up €5,774 (+68.6%), from €8,417 to €14,191
- Gross operating margin +€1,416
up €1,416 (+2.5%), from €56,220 to €57,635
- Depreciation +€1,030
up €1,030 (+76.0%), from €1,356 to €2,386
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 | €99,067 | €114,039 | +€14,973 | +15.1% |
| Fixed assets | 21/28 | €3,062 | €4,145 | +€1,083 | +35.4% |
| Tangible fixed assets | 22/27 | €3,062 | €4,145 | +€1,083 | +35.4% |
| Plant, machinery and equipment | 23 | €818 | €491 | -€327 | -40.0% |
| Furniture and vehicles | 24 | €2,243 | €3,654 | +€1,411 | +62.9% |
| Current assets | 29/58 | €96,005 | €109,894 | +€13,890 | +14.5% |
| Amounts receivable within one year | 40/41 | €23,596 | €43,392 | +€19,796 | +83.9% |
| Trade receivables | 40 | €23,587 | €43,392 | +€19,806 | +84.0% |
| Other amounts receivable | 41 | €9 | €0 | -€9 | -100.0% |
| Cash at bank and in hand | 54/58 | €71,721 | €65,820 | -€5,900 | -8.2% |
| Deferred charges and accrued income | 490/1 | €688 | €682 | -€7 | -1.0% |
| Total equity and liabilities | 10/49 | €99,067 | €114,039 | +€14,973 | +15.1% |
| Equity | 10/15 | €78,182 | €3,182 | -€75,000 | -95.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €75,182 | €182 | -€75,000 | -99.8% |
| Distributable reserves | 133 | €75,182 | €182 | -€75,000 | -99.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €20,885 | €110,857 | +€89,973 | +430.8% |
| Amounts payable within one year | 42/48 | €20,885 | €110,857 | +€89,973 | +430.8% |
| Trade debts | 44 | €2,887 | €3,183 | +€296 | +10.2% |
| Suppliers | 440/4 | €2,887 | €3,183 | +€296 | +10.2% |
| Taxes, remuneration and social security | 45 | €17,643 | €18,262 | +€619 | +3.5% |
| Taxes | 450/3 | €17,643 | €18,262 | +€619 | +3.5% |
| Other amounts payable | 47/48 | €355 | €89,413 | +€89,058 | +25091.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,356 | €2,386 | +€1,030 | +76.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €13,966 | €0 | -€13,966 | -100.0% |
| Other operating charges | 640/8 | €573 | €736 | +€164 | +28.6% |
| Gross operating margin | 9900 | €56,220 | €57,635 | +€1,416 | +2.5% |
| Operating profit (loss) | 9901 | €40,326 | €54,513 | +€14,188 | +35.2% |
| Financial income | 75/76B | €329 | €14,548 | +€14,220 | +4328.4% |
| Recurring financial income | 75 | €329 | €582 | +€254 | +77.3% |
| Non-recurring financial income | 76B | - | €13,966 | +€13,966 | |
| Financial charges | 65/66B | €2,143 | €1,618 | -€525 | -24.5% |
| Recurring financial charges | 65 | €2,143 | €1,618 | -€525 | -24.5% |
| Profit (loss) for the period before taxes | 9903 | €38,512 | €67,443 | +€28,932 | +75.1% |
| Income taxes | 67/77 | €8,417 | €14,191 | +€5,774 | +68.6% |
| Profit (loss) for the period | 9904 | €30,095 | €53,253 | +€23,158 | +76.9% |
| Profit (loss) for the period to be appropriated | 9905 | €30,095 | €53,253 | +€23,158 | +76.9% |
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 3 October 2026 via checked.be.