FLEXPERT CONSULTING: 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 CONSULTING
Largest movements
- Current investments -€78,623
down €78,623 (-14.5%), from €542,531 to €463,908
- Cash -€7,112
down €7,112 (-20.7%), from €34,284 to €27,172
mainly Contributions, distributions and other (-€174,951) and Investment in fixed assets (net) (-€1,552)
- Contributions -€64,225
down €64,225 (-97.2%), from €66,085 to €1,860
- Reserves -€29,047
down €29,047 (-6.6%), from €440,318 to €411,271
of which Distributable reserves: -€29,047
- Gross operating margin +€9,246
up €9,246 (+9.0%), from €103,081 to €112,327
- Financial income +€8,334
up €8,334 (+82.1%), from €10,146 to €18,480
- Taxes +€3,336
up €3,336 (+11.0%), from €30,296 to €33,632
- Financial charges +€2,027
up €2,027 (+25.4%), from €7,993 to €10,020
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 | €613,496 | €520,923 | -€92,573 | -15.1% |
| Fixed assets | 21/28 | €12,736 | €9,565 | -€3,171 | -24.9% |
| Tangible fixed assets | 22/27 | €12,736 | €9,565 | -€3,171 | -24.9% |
| Furniture and vehicles | 24 | €5,683 | €4,136 | -€1,547 | -27.2% |
| Other tangible fixed assets | 26 | €7,053 | €5,429 | -€1,624 | -23.0% |
| Current assets | 29/58 | €600,759 | €511,358 | -€89,402 | -14.9% |
| Amounts receivable within one year | 40/41 | €19,718 | €17,073 | -€2,645 | -13.4% |
| Trade receivables | 40 | €11,362 | €14,256 | +€2,894 | +25.5% |
| Other amounts receivable | 41 | €8,356 | €2,817 | -€5,539 | -66.3% |
| Current investments | 50/53 | €542,531 | €463,908 | -€78,623 | -14.5% |
| Cash at bank and in hand | 54/58 | €34,284 | €27,172 | -€7,112 | -20.7% |
| Deferred charges and accrued income | 490/1 | €4,226 | €3,204 | -€1,022 | -24.2% |
| Total equity and liabilities | 10/49 | €613,496 | €520,923 | -€92,573 | -15.1% |
| Equity | 10/15 | €506,403 | €413,131 | -€93,272 | -18.4% |
| Contributions | 10/11 | €66,085 | €1,860 | -€64,225 | -97.2% |
| Reserves | 13 | €440,318 | €411,271 | -€29,047 | -6.6% |
| Tax-exempt reserves | 132 | €3,275 | €3,275 | = | 0.0% |
| Distributable reserves | 133 | €437,043 | €407,996 | -€29,047 | -6.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €107,093 | €107,792 | +€699 | +0.7% |
| Amounts payable within one year | 42/48 | €100,045 | €101,452 | +€1,407 | +1.4% |
| Trade debts | 44 | €2,723 | €2,730 | +€7 | +0.2% |
| Suppliers | 440/4 | €2,723 | €2,730 | +€7 | +0.2% |
| Taxes, remuneration and social security | 45 | €3,189 | €2,130 | -€1,059 | -33.2% |
| Taxes | 450/3 | €3,189 | €2,130 | -€1,059 | -33.2% |
| Other amounts payable | 47/48 | €94,133 | €96,592 | +€2,459 | +2.6% |
| Accrued charges and deferred income | 492/3 | €7,047 | €6,340 | -€708 | -10.0% |
| Non-recurring operating income | 76A | €4,793 | €0 | -€4,793 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,687 | €4,723 | -€964 | -17.0% |
| Other operating charges | 640/8 | €730 | €753 | +€23 | +3.1% |
| Gross operating margin | 9900 | €103,081 | €112,327 | +€9,246 | +9.0% |
| Operating profit (loss) | 9901 | €96,664 | €106,851 | +€10,188 | +10.5% |
| Financial income | 75/76B | €10,146 | €18,480 | +€8,334 | +82.1% |
| Recurring financial income | 75 | €10,146 | €18,480 | +€8,334 | +82.1% |
| Financial charges | 65/66B | €7,993 | €10,020 | +€2,027 | +25.4% |
| Recurring financial charges | 65 | €7,993 | €10,020 | +€2,027 | +25.4% |
| Profit (loss) for the period before taxes | 9903 | €98,817 | €115,311 | +€16,494 | +16.7% |
| Income taxes | 67/77 | €30,296 | €33,632 | +€3,336 | +11.0% |
| Profit (loss) for the period | 9904 | €68,521 | €81,679 | +€13,158 | +19.2% |
| Profit (loss) for the period to be appropriated | 9905 | €68,521 | €81,679 | +€13,158 | +19.2% |
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.