Flexso Digital: 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.
What changed
Flexso Digital
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€709,459
2024 · €1.3m-€611,992
Equity
€3.7m
2024 · €3.0m+€709,459
Cash
€34,032
2024 · €34,813-€781
Balance sheet total
€6.3m
2024 · €5.5m+€830,308
Largest movements
Assets
- Receivables within one year +€745,442
up €745,442 (+17.3%), from €4.3m to €5.1m
of which Other amounts receivable: +€1.0m
- Intangible fixed assets +€63,625
up €63,625 (+6.2%), from €1.0m to €1.1m
Equity and liabilities
- Reserves +€709,700
up €709,700 (+24.4%), from €2.9m to €3.6m
of which Distributable reserves: +€415,000
Income statement
- Goods and materials +€1.1m
up €1.1m (+33.1%), from €3.4m to €4.6m
- Turnover +€777,514
up €777,514 (+6.0%), from €12.9m to €13.7m
- Staff costs +€502,385
up €502,385 (+10.2%), from €4.9m to €5.4m
- Services and other goods +€251,284
up €251,284 (+9.0%), from €2.8m to €3.0m
- Taxes -€225,693
down €225,693 (-50.4%), from €448,222 to €222,529
of which Taxes: -€222,414
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
€1.3m
Turnover
+€777,514
Other operating income
+€35,229
Goods and materials
-€1.1m
Services and other goods
-€251,284
Staff costs
-€502,385
Depreciation
-€86,090
Write-downs
-€43,751
Provisions
-€3,721
Other operating charges
+€4,406
Other operating items
+€365,826
Financial income
+€24,661
Financial charges
-€21,213
Taxes
+€225,693
Result 2025
€709,459
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.
From operations
+€680,852
Investment
-€681,632
Financing
€0
Cash 2024
€34,813
From operations (derived)
+€680,852
Net result for the year
+€709,459
Depreciation
+€613,992
Receivables within one year
-€745,442
Deferred charges and accrued income
-€18,006
Provisions
+€3,911
Trade debts
+€51,316
Tax, wage and social debts
-€31,060
Advances received
+€14,714
Other debts
+€45,000
Accrued charges and deferred income
+€36,968
Investment (derived)
-€681,632
Investment in fixed assets (net)
-€681,632
Cash 2025
€34,032
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,502,145 | €6,332,453 | +€830,308 | +15.1% |
| Fixed assets | 21/28 | €1,102,222 | €1,169,863 | +€67,640 | +6.1% |
| Intangible fixed assets | 21 | €1,027,972 | €1,091,597 | +€63,625 | +6.2% |
| Tangible fixed assets | 22/27 | €74,250 | €78,266 | +€4,015 | +5.4% |
| Plant, machinery and equipment | 23 | €74,250 | €78,266 | +€4,015 | +5.4% |
| Current assets | 29/58 | €4,399,923 | €5,162,590 | +€762,668 | +17.3% |
| Amounts receivable within one year | 40/41 | €4,311,905 | €5,057,348 | +€745,442 | +17.3% |
| Trade receivables | 40 | €3,051,669 | €2,770,606 | -€281,063 | -9.2% |
| Other amounts receivable | 41 | €1,260,236 | €2,286,741 | +€1.0m | +81.5% |
| Cash at bank and in hand | 54/58 | €34,813 | €34,032 | -€781 | -2.2% |
| Deferred charges and accrued income | 490/1 | €53,205 | €71,211 | +€18,006 | +33.8% |
| Total equity and liabilities | 10/49 | €5,502,145 | €6,332,453 | +€830,308 | +15.1% |
| Equity | 10/15 | €2,967,606 | €3,677,065 | +€709,459 | +23.9% |
| 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 | €2,904,760 | €3,614,460 | +€709,700 | +24.4% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €277,860 | €572,560 | +€294,700 | +106.1% |
| Distributable reserves | 133 | €2,620,700 | €3,035,700 | +€415,000 | +15.8% |
| Profit (loss) carried forward | 14 | €846 | €605 | -€241 | -28.5% |
| Provisions and deferred taxes | 16 | €190 | €4,101 | +€3,911 | +2054.5% |
| Provisions for liabilities and charges | 160/5 | €190 | €4,101 | +€3,911 | +2054.5% |
| Pensions and similar obligations | 160 | €190 | €4,101 | +€3,911 | +2054.5% |
| Amounts payable | 17/49 | €2,534,348 | €2,651,286 | +€116,938 | +4.6% |
| Amounts payable within one year | 42/48 | €2,371,276 | €2,451,246 | +€79,970 | +3.4% |
| Trade debts | 44 | €1,287,583 | €1,338,900 | +€51,316 | +4.0% |
| Suppliers | 440/4 | €1,287,583 | €1,338,900 | +€51,316 | +4.0% |
| Advances received on contracts in progress | 46 | - | €14,714 | +€14,714 | |
| Taxes, remuneration and social security | 45 | €1,083,693 | €1,052,633 | -€31,060 | -2.9% |
| Taxes | 450/3 | €425,198 | €271,977 | -€153,221 | -36.0% |
| Remuneration and social security | 454/9 | €658,495 | €780,656 | +€122,161 | +18.6% |
| Other amounts payable | 47/48 | - | €45,000 | +€45,000 | |
| Accrued charges and deferred income | 492/3 | €163,072 | €200,040 | +€36,968 | +22.7% |
| Operating income | 70/76A | €13,511,821 | €14,690,391 | +€1.2m | +8.7% |
| Turnover | 70 | €12,896,719 | €13,674,234 | +€777,514 | +6.0% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | - | €199,396 | +€199,396 | |
| Own construction capitalised | 72 | €467,500 | €633,930 | +€166,430 | +35.6% |
| Other operating income | 74 | €147,602 | €182,831 | +€35,229 | +23.9% |
| Operating charges | 60/66A | €11,674,141 | €13,693,843 | +€2.0m | +17.3% |
| Goods for resale, raw materials and consumables | 60 | €3,439,346 | €4,576,225 | +€1.1m | +33.1% |
| Purchases | 600/8 | €3,439,346 | €4,576,225 | +€1.1m | +33.1% |
| Services and other goods | 61 | €2,783,445 | €3,034,728 | +€251,284 | +9.0% |
| Remuneration, social security and pensions | 62 | €4,902,971 | €5,405,357 | +€502,385 | +10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €527,902 | €613,992 | +€86,090 | +16.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €43,751 | +€43,751 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €190 | €3,911 | +€3,721 | +1954.5% |
| Other operating charges | 640/8 | €20,286 | €15,880 | -€4,406 | -21.7% |
| Operating profit (loss) | 9901 | €1,837,680 | €996,548 | -€841,133 | -45.8% |
| Financial income | 75/76B | €5,332 | €29,993 | +€24,661 | +462.5% |
| Recurring financial income | 75 | €5,332 | €29,993 | +€24,661 | +462.5% |
| Income from current assets | 751 | €5,174 | €27,861 | +€22,687 | +438.5% |
| Other financial income | 752/9 | €158 | €2,131 | +€1,973 | +1246.0% |
| Financial charges | 65/66B | €73,339 | €94,552 | +€21,213 | +28.9% |
| Recurring financial charges | 65 | €73,339 | €94,552 | +€21,213 | +28.9% |
| Debt charges | 650 | €73,119 | €94,325 | +€21,206 | +29.0% |
| Other financial charges | 652/9 | €220 | €227 | +€7 | +3.0% |
| Profit (loss) for the period before taxes | 9903 | €1,769,673 | €931,988 | -€837,685 | -47.3% |
| Income taxes | 67/77 | €448,222 | €222,529 | -€225,693 | -50.4% |
| Taxes | 670/3 | €466,338 | €243,924 | -€222,414 | -47.7% |
| Tax adjustments and reversals of tax provisions | 77 | €18,116 | €21,395 | +€3,280 | +18.1% |
| Profit (loss) for the period | 9904 | €1,321,451 | €709,459 | -€611,992 | -46.3% |
| Transfer from tax-exempt reserves | 789 | €168,400 | - | -€168,400 | |
| Transfer to tax-exempt reserves | 689 | €210,500 | €294,700 | +€84,200 | +40.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,279,351 | €414,759 | -€864,592 | -67.6% |
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 30 September 2026 via checked.be.