Flexso Analytics: 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.
What changed
Flexso Analytics
NACE 62.100, Computer programming
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€417,227
2024 · -€29,387+€446,613
Equity
€461,576
2024 · €44,349+€417,227
Cash
€13,746
2024 · €5,264+€8,481
Balance sheet total
€3.3m
2024 · €78,300+€3.2m
Largest movements
Assets
- Receivables within one year +€1.9m
up €1.9m (+2,578%), from €72,314 to €1.9m
of which Trade receivables: +€1.7m
- Intangible fixed assets +€1.3m
new in 2025: €1.3m
Equity and liabilities
- Debts after one year +€822,500
new in 2025: €822,500
- Trade debts +€578,076
up €578,076 (+2,525%), from €22,891 to €600,967
- Accrued charges and deferred income +€543,590
new in 2025: €543,590
- Tax, wage and social debts +€541,118
up €541,118 (+4,893%), from €11,060 to €552,178
of which Taxes: +€301,411
- Reserves +€393,000
up €393,000 (+6,339%), from €6,200 to €399,200
of which Distributable reserves: +€393,000
Income statement
- Turnover +€6.3m
new in 2025: €6.3m
- Purchases and services +€3.7m
up €3.7m (+14,815%), from €25,236 to €3.8m
- Gross operating margin +€2.6m
up €2.6m, from -€24,245 to €2.6m
- Staff costs +€1.6m
up €1.6m (+23,988%), from €6,625 to €1.6m
- Depreciation +€337,135
new in 2025: €337,135
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.
Result 2024
-€29,387
Gross operating margin
+€2.6m
Staff costs
-€1.6m
Depreciation
-€337,135
Provisions
-€3,483
Other operating charges
-€3,117
Financial income
-€5,698
Financial charges
-€36,677
Taxes
-€159,975
Result 2025
€417,227
raises the resultlowers the result
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.
From operations
+€647,947
Investment
-€1.7m
Financing
+€1.0m
Cash 2024
€5,264
From operations (derived)
+€647,947
Net result for the year
+€417,227
Depreciation
+€337,135
Receivables within one year
-€1.9m
Deferred charges and accrued income
-€17,356
Provisions
+€3,483
Trade debts
+€578,076
Tax, wage and social debts
+€541,118
Advances received
+€108,836
Accrued charges and deferred income
+€543,590
Investment (derived)
-€1.7m
Investment in fixed assets (net)
-€1.7m
Financing
+€1.0m
Debts after one year
+€822,500
Current portion of long-term debt
+€205,625
Cash 2025
€13,746
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €78,300 | €3,298,755 | +€3.2m | +4,113% |
| Fixed assets | 21/28 | - | €1,330,456 | +€1.3m | |
| Intangible fixed assets | 21 | - | €1,316,000 | +€1.3m | |
| Tangible fixed assets | 22/27 | - | €14,456 | +€14,456 | |
| Plant, machinery and equipment | 23 | - | €14,456 | +€14,456 | |
| Current assets | 29/58 | €78,300 | €1,968,299 | +€1.9m | +2,414% |
| Amounts receivable within one year | 40/41 | €72,314 | €1,936,476 | +€1.9m | +2,578% |
| Trade receivables | 40 | €2,684 | €1,722,860 | +€1.7m | +64,087% |
| Other amounts receivable | 41 | €69,630 | €213,615 | +€143,986 | +207% |
| Cash at bank and in hand | 54/58 | €5,264 | €13,746 | +€8,481 | +161% |
| Deferred charges and accrued income | 490/1 | €722 | €18,078 | +€17,356 | +2,405% |
| Total equity and liabilities | 10/49 | €78,300 | €3,298,755 | +€3.2m | +4,113% |
| Equity | 10/15 | €44,349 | €461,576 | +€417,227 | +941% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €399,200 | +€393,000 | +6,339% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | - | €393,000 | +€393,000 | |
| Profit (loss) carried forward | 14 | -€23,851 | €376 | +€24,227 | |
| Provisions and deferred taxes | 16 | - | €3,483 | +€3,483 | |
| Provisions for liabilities and charges | 160/5 | - | €3,483 | +€3,483 | |
| Pensions and similar obligations | 160 | - | €3,483 | +€3,483 | |
| Amounts payable | 17/49 | €33,951 | €2,833,696 | +€2.8m | +8,246% |
| Amounts payable after more than one year | 17 | - | €822,500 | +€822,500 | |
| Other amounts payable | 178/9 | - | €822,500 | +€822,500 | |
| Amounts payable within one year | 42/48 | €33,951 | €1,467,606 | +€1.4m | +4,223% |
| Current portion of amounts payable after more than one year | 42 | - | €205,625 | +€205,625 | |
| Trade debts | 44 | €22,891 | €600,967 | +€578,076 | +2,525% |
| Suppliers | 440/4 | €22,891 | €600,967 | +€578,076 | +2,525% |
| Advances received on contracts in progress | 46 | - | €108,836 | +€108,836 | |
| Taxes, remuneration and social security | 45 | €11,060 | €552,178 | +€541,118 | +4,893% |
| Taxes | 450/3 | €10,325 | €311,736 | +€301,411 | +2,919% |
| Remuneration and social security | 454/9 | €735 | €240,442 | +€239,707 | +32,600% |
| Accrued charges and deferred income | 492/3 | - | €543,590 | +€543,590 | |
| Turnover | 70 | - | €6,313,690 | +€6.3m | |
| Goods, raw materials, services and sundry goods | 60/61 | €25,236 | €3,764,108 | +€3.7m | +14,815% |
| Remuneration, social security and pensions | 62 | €6,625 | €1,595,703 | +€1.6m | +23,988% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €337,135 | +€337,135 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €3,483 | +€3,483 | |
| Other operating charges | 640/8 | €2,747 | €5,864 | +€3,117 | +113% |
| Gross operating margin | 9900 | -€24,245 | €2,557,533 | +€2.6m | |
| Operating profit (loss) | 9901 | -€33,616 | €615,348 | +€648,964 | |
| Financial income | 75/76B | €5,698 | €0 | -€5,698 | -100.0% |
| Recurring financial income | 75 | €5,698 | €0 | -€5,698 | -100.0% |
| Financial charges | 65/66B | €1,444 | €38,121 | +€36,677 | +2,540% |
| Recurring financial charges | 65 | €1,444 | €38,121 | +€36,677 | +2,540% |
| Profit (loss) for the period before taxes | 9903 | -€29,362 | €577,227 | +€606,589 | |
| Income taxes | 67/77 | €25 | €160,000 | +€159,975 | +644,801% |
| Profit (loss) for the period | 9904 | -€29,387 | €417,227 | +€446,613 | |
| Profit (loss) for the period to be appropriated | 9905 | -€29,387 | €417,227 | +€446,613 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.