Flexso Supply Chain: 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.
Flexso Supply Chain
Largest movements
- Receivables within one year -€35,014
down €35,014 (-23.4%), from €149,507 to €114,493
of which Trade receivables: -€119,259
- Tangible fixed assets +€2,483
up €2,483 (+64.6%), from €3,845 to €6,328
- Trade debts -€49,636
down €49,636 (-73.3%), from €67,689 to €18,053
- Reserves +€26,000
up €26,000 (+419%), from €6,200 to €32,200
of which Distributable reserves: +€26,000
- Tax, wage and social debts -€18,621
down €18,621 (-59.4%), from €31,336 to €12,716
- Profit (loss) carried forward +€8,785
up €8,785, from -€7,861 to €924
- Purchases and services -€254,377
down €254,377 (-36.4%), from €698,337 to €443,960
- Turnover -€197,644
down €197,644 (-28.9%), from €684,615 to €486,971
- Gross operating margin +€54,915
up €54,915, from -€11,904 to €43,011
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 | €159,364 | €125,893 | -€33,471 | -21.0% |
| Fixed assets | 21/28 | €3,845 | €6,328 | +€2,483 | +64.6% |
| Tangible fixed assets | 22/27 | €3,845 | €6,328 | +€2,483 | +64.6% |
| Plant, machinery and equipment | 23 | €3,845 | €6,328 | +€2,483 | +64.6% |
| Current assets | 29/58 | €155,519 | €119,565 | -€35,954 | -23.1% |
| Amounts receivable within one year | 40/41 | €149,507 | €114,493 | -€35,014 | -23.4% |
| Trade receivables | 40 | €120,236 | €977 | -€119,259 | -99.2% |
| Other amounts receivable | 41 | €29,271 | €113,515 | +€84,245 | +288% |
| Cash at bank and in hand | 54/58 | €6,012 | €5,018 | -€995 | -16.5% |
| Deferred charges and accrued income | 490/1 | - | €55 | +€55 | |
| Total equity and liabilities | 10/49 | €159,364 | €125,893 | -€33,471 | -21.0% |
| Equity | 10/15 | €60,339 | €95,124 | +€34,785 | +57.6% |
| 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 | €32,200 | +€26,000 | +419% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | - | €26,000 | +€26,000 | |
| Profit (loss) carried forward | 14 | -€7,861 | €924 | +€8,785 | |
| Amounts payable | 17/49 | €99,025 | €30,769 | -€68,256 | -68.9% |
| Amounts payable within one year | 42/48 | €99,025 | €30,769 | -€68,256 | -68.9% |
| Trade debts | 44 | €67,689 | €18,053 | -€49,636 | -73.3% |
| Suppliers | 440/4 | €67,689 | €18,053 | -€49,636 | -73.3% |
| Taxes, remuneration and social security | 45 | €31,336 | €12,716 | -€18,621 | -59.4% |
| Taxes | 450/3 | €31,336 | €12,716 | -€18,621 | -59.4% |
| Turnover | 70 | €684,615 | €486,971 | -€197,644 | -28.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €698,337 | €443,960 | -€254,377 | -36.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €354 | €2,698 | +€2,344 | +663% |
| Other operating charges | 640/8 | €808 | €1,226 | +€418 | +51.7% |
| Gross operating margin | 9900 | -€11,904 | €43,011 | +€54,915 | |
| Operating profit (loss) | 9901 | -€13,066 | €39,087 | +€52,153 | |
| Financial income | 75/76B | €1,740 | €3,992 | +€2,252 | +129% |
| Recurring financial income | 75 | €1,740 | €3,992 | +€2,252 | +129% |
| Financial charges | 65/66B | €6,151 | €1,894 | -€4,258 | -69.2% |
| Recurring financial charges | 65 | €6,151 | €1,894 | -€4,258 | -69.2% |
| Profit (loss) for the period before taxes | 9903 | -€17,477 | €41,185 | +€58,662 | |
| Income taxes | 67/77 | -€181 | €6,400 | +€6,581 | |
| Profit (loss) for the period | 9904 | -€17,296 | €34,785 | +€52,081 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,296 | €34,785 | +€52,081 |
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 26 October 2026 via checked.be.