FLEXPLAN: 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.
FLEXPLAN
Largest movements
- Current investments -€125,000
down €125,000 (-43.9%), from €285,000 to €160,000
- Cash +€99,071
up €99,071 (+25.1%), from €394,491 to €493,561
mainly Current investments (+€125,000) and Other debts (+€115,456)
- Receivables within one year +€23,961
up €23,961 (+58.9%), from €40,707 to €64,668
of which Trade receivables: +€28,180
- Deferred charges and accrued income +€10,365
up €10,365 (+335.7%), from €3,088 to €13,453
- Other debts +€115,456
up €115,456 (+42.2%), from €273,344 to €388,800
- Reserves -€82,491
down €82,491 (-23.1%), from €356,348 to €273,857
- Accrued charges and deferred income -€21,973
no longer reported in 2025 (was €21,973)
- Staff costs -€58,414
down €58,414 (-32.1%), from €182,099 to €123,684
- Gross operating margin -€53,842
down €53,842 (-22.3%), from €240,943 to €187,101
- Financial charges -€21,539
down €21,539 (-97.3%), from €22,134 to €595
- Taxes +€6,383
up €6,383 (+37.3%), from €17,126 to €23,509
- Financial income -€5,855
down €5,855 (-25.6%), from €22,847 to €16,992
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 | €739,088 | €745,144 | +€6,056 | +0.8% |
| Fixed assets | 21/28 | €15,804 | €13,462 | -€2,342 | -14.8% |
| Tangible fixed assets | 22/27 | €11,288 | €5,888 | -€5,400 | -47.8% |
| Furniture and vehicles | 24 | €11,288 | €5,888 | -€5,400 | -47.8% |
| Financial fixed assets | 28 | €4,515 | €7,574 | +€3,058 | +67.7% |
| Current assets | 29/58 | €723,285 | €731,682 | +€8,397 | +1.2% |
| Amounts receivable within one year | 40/41 | €40,707 | €64,668 | +€23,961 | +58.9% |
| Trade receivables | 40 | €3,198 | €31,378 | +€28,180 | +881.3% |
| Other amounts receivable | 41 | €37,509 | €33,290 | -€4,219 | -11.2% |
| Current investments | 50/53 | €285,000 | €160,000 | -€125,000 | -43.9% |
| Cash at bank and in hand | 54/58 | €394,491 | €493,561 | +€99,071 | +25.1% |
| Deferred charges and accrued income | 490/1 | €3,088 | €13,453 | +€10,365 | +335.7% |
| Total equity and liabilities | 10/49 | €739,088 | €745,144 | +€6,056 | +0.8% |
| Equity | 10/15 | €424,446 | €341,955 | -€82,491 | -19.4% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €356,348 | €273,857 | -€82,491 | -23.1% |
| Distributable reserves | 133 | €356,348 | €273,857 | -€82,491 | -23.1% |
| Profit (loss) carried forward | 14 | €61,900 | €61,900 | = | 0.0% |
| Amounts payable | 17/49 | €314,642 | €403,189 | +€88,547 | +28.1% |
| Amounts payable within one year | 42/48 | €292,670 | €403,189 | +€110,520 | +37.8% |
| Trade debts | 44 | €14,013 | €9,023 | -€4,990 | -35.6% |
| Suppliers | 440/4 | €14,013 | €9,023 | -€4,990 | -35.6% |
| Taxes, remuneration and social security | 45 | €5,312 | €5,366 | +€53 | +1.0% |
| Taxes | 450/3 | €1,860 | €1,262 | -€599 | -32.2% |
| Remuneration and social security | 454/9 | €3,452 | €4,104 | +€652 | +18.9% |
| Other amounts payable | 47/48 | €273,344 | €388,800 | +€115,456 | +42.2% |
| Accrued charges and deferred income | 492/3 | €21,973 | - | -€21,973 | |
| Remuneration, social security and pensions | 62 | €182,099 | €123,684 | -€58,414 | -32.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,400 | €5,400 | = | 0.0% |
| Other operating charges | 640/8 | €745 | €757 | +€12 | +1.7% |
| Gross operating margin | 9900 | €240,943 | €187,101 | -€53,842 | -22.3% |
| Operating profit (loss) | 9901 | €52,699 | €57,259 | +€4,560 | +8.7% |
| Financial income | 75/76B | €22,847 | €16,992 | -€5,855 | -25.6% |
| Recurring financial income | 75 | €22,847 | €16,992 | -€5,855 | -25.6% |
| Financial charges | 65/66B | €22,134 | €595 | -€21,539 | -97.3% |
| Recurring financial charges | 65 | €22,134 | €595 | -€21,539 | -97.3% |
| Profit (loss) for the period before taxes | 9903 | €53,412 | €73,656 | +€20,244 | +37.9% |
| Income taxes | 67/77 | €17,126 | €23,509 | +€6,383 | +37.3% |
| Profit (loss) for the period | 9904 | €36,286 | €50,147 | +€13,861 | +38.2% |
| Profit (loss) for the period to be appropriated | 9905 | €36,286 | €50,147 | +€13,861 | +38.2% |
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 29 September 2026 via checked.be.