Flexprinter: 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.
Flexprinter
Largest movements
- Tangible fixed assets -€127,624
down €127,624 (-22.7%), from €562,521 to €434,897
of which Plant, machinery and equipment: -€119,323
- Receivables within one year +€80,170
up €80,170 (+58.5%), from €137,134 to €217,304
of which Trade receivables: +€83,656
- Stocks and contracts -€13,172
down €13,172 (-11.8%), from €111,273 to €98,102
- Cash +€11,864
up €11,864 (+7.8%), from €151,863 to €163,727
mainly Net result for the year (+€156,949) and Depreciation (+€127,624)
- Debts after one year -€136,044
down €136,044 (-50.9%), from €267,500 to €131,456
- Reserves +€56,949
up €56,949 (+18.1%), from €315,482 to €372,431
of which Distributable reserves: +€29,100
- Trade debts -€21,639
down €21,639 (-44.1%), from €49,042 to €27,403
- Other debts +€19,901
up €19,901 (+42.4%), from €46,893 to €66,794
- Tax, wage and social debts +€14,317
up €14,317 (+22.1%), from €64,727 to €79,044
of which Taxes: +€13,636
- Taxes +€34,850
up €34,850 (+113%), from €30,970 to €65,820
- Gross operating margin +€31,195
up €31,195 (+7.2%), from €434,406 to €465,601
- Depreciation -€7,810
down €7,810 (-5.8%), from €135,434 to €127,624
- Staff costs +€4,685
up €4,685 (+4.8%), from €96,667 to €101,352
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.
Derived cash bridge
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 | €973,442 | €917,610 | -€55,832 | -5.7% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €562,521 | €434,897 | -€127,624 | -22.7% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €562,521 | €434,897 | -€127,624 | -22.7% |
| Plant, machinery and equipment | 23 | €538,746 | €419,422 | -€119,323 | -22.1% |
| Furniture and vehicles | 24 | €23,776 | €15,475 | -€8,301 | -34.9% |
| Current assets | 29/58 | €410,921 | €482,713 | +€71,792 | +17.5% |
| Stocks and contracts in progress | 3 | €111,273 | €98,102 | -€13,172 | -11.8% |
| Stocks | 30/36 | €111,273 | €98,102 | -€13,172 | -11.8% |
| Amounts receivable within one year | 40/41 | €137,134 | €217,304 | +€80,170 | +58.5% |
| Trade receivables | 40 | €131,719 | €215,375 | +€83,656 | +63.5% |
| Other amounts receivable | 41 | €5,415 | €1,929 | -€3,486 | -64.4% |
| Cash at bank and in hand | 54/58 | €151,863 | €163,727 | +€11,864 | +7.8% |
| Deferred charges and accrued income | 490/1 | €10,651 | €3,580 | -€7,070 | -66.4% |
| Total equity and liabilities | 10/49 | €973,442 | €917,610 | -€55,832 | -5.7% |
| Equity | 10/15 | €415,482 | €472,431 | +€56,949 | +13.7% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €315,482 | €372,431 | +€56,949 | +18.1% |
| Tax-exempt reserves | 132 | €77,401 | €105,250 | +€27,849 | +36.0% |
| Distributable reserves | 133 | €238,081 | €267,181 | +€29,100 | +12.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €557,960 | €445,179 | -€112,781 | -20.2% |
| Amounts payable after more than one year | 17 | €267,500 | €131,456 | -€136,044 | -50.9% |
| Financial debts | 170/4 | €267,500 | €131,456 | -€136,044 | -50.9% |
| Amounts payable within one year | 42/48 | €290,460 | €309,286 | +€18,826 | +6.5% |
| Current portion of amounts payable after more than one year | 42 | €129,798 | €136,044 | +€6,247 | +4.8% |
| Trade debts | 44 | €49,042 | €27,403 | -€21,639 | -44.1% |
| Suppliers | 440/4 | €49,042 | €27,403 | -€21,639 | -44.1% |
| Taxes, remuneration and social security | 45 | €64,727 | €79,044 | +€14,317 | +22.1% |
| Taxes | 450/3 | €46,894 | €60,530 | +€13,636 | +29.1% |
| Remuneration and social security | 454/9 | €17,833 | €18,515 | +€681 | +3.8% |
| Other amounts payable | 47/48 | €46,893 | €66,794 | +€19,901 | +42.4% |
| Accrued charges and deferred income | 492/3 | - | €4,438 | +€4,438 | |
| Remuneration, social security and pensions | 62 | €96,667 | €101,352 | +€4,685 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €135,434 | €127,624 | -€7,810 | -5.8% |
| Other operating charges | 640/8 | €3,370 | €2,495 | -€876 | -26.0% |
| Gross operating margin | 9900 | €434,406 | €465,601 | +€31,195 | +7.2% |
| Operating profit (loss) | 9901 | €198,935 | €234,129 | +€35,195 | +17.7% |
| Financial income | 75/76B | €470 | €1,861 | +€1,391 | +296% |
| Recurring financial income | 75 | €470 | €1,861 | +€1,391 | +296% |
| Financial charges | 65/66B | €13,632 | €13,222 | -€410 | -3.0% |
| Recurring financial charges | 65 | €13,632 | €13,222 | -€410 | -3.0% |
| Profit (loss) for the period before taxes | 9903 | €185,773 | €222,769 | +€36,996 | +19.9% |
| Income taxes | 67/77 | €30,970 | €65,820 | +€34,850 | +113% |
| Profit (loss) for the period | 9904 | €154,802 | €156,949 | +€2,146 | +1.4% |
| Transfer to tax-exempt reserves | 689 | €77,401 | €27,849 | -€49,552 | -64.0% |
| Profit (loss) for the period to be appropriated | 9905 | €77,401 | €129,100 | +€51,699 | +66.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.