Flexwin: 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.
Flexwin
Largest movements
- Cash +€8,324
up €8,324 (+56.0%), from €14,860 to €23,184
mainly Net result for the year (+€9,403) and Depreciation (+€9,374)
- Tangible fixed assets -€7,940
down €7,940 (-30.2%), from €26,296 to €18,357
of which Furniture and vehicles: -€8,613
- Receivables within one year -€3,385
down €3,385 (-28.9%), from €11,716 to €8,331
of which Trade receivables: -€1,888
- Other debts -€7,069
down €7,069 (-17.4%), from €40,560 to €33,492
- Reserves +€6,635
new in 2025: €6,635
- Trade debts -€5,336
down €5,336 (-41.1%), from €12,981 to €7,645
- Profit (loss) carried forward +€2,769
up €2,769, from -€2,769 to €0
- Gross operating margin +€12,867
up €12,867 (+138%), from €9,315 to €22,182
- Taxes +€2,469
new in 2025: €2,469
- Depreciation -€1,260
down €1,260 (-11.9%), from €10,634 to €9,374
- Other operating charges -€462
down €462 (-41.8%), from €1,106 to €643
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 | €55,772 | €52,771 | -€3,001 | -5.4% |
| Fixed assets | 21/28 | €26,296 | €18,357 | -€7,940 | -30.2% |
| Tangible fixed assets | 22/27 | €26,296 | €18,357 | -€7,940 | -30.2% |
| Plant, machinery and equipment | 23 | €1,990 | €2,663 | +€673 | +33.8% |
| Furniture and vehicles | 24 | €24,307 | €15,694 | -€8,613 | -35.4% |
| Current assets | 29/58 | €29,476 | €34,415 | +€4,939 | +16.8% |
| Stocks and contracts in progress | 3 | €2,900 | €2,900 | = | 0.0% |
| Stocks | 30/36 | €2,900 | €2,900 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €11,716 | €8,331 | -€3,385 | -28.9% |
| Trade receivables | 40 | €8,008 | €6,120 | -€1,888 | -23.6% |
| Other amounts receivable | 41 | €3,708 | €2,211 | -€1,497 | -40.4% |
| Cash at bank and in hand | 54/58 | €14,860 | €23,184 | +€8,324 | +56.0% |
| Total equity and liabilities | 10/49 | €55,772 | €52,771 | -€3,001 | -5.4% |
| Equity | 10/15 | €2,231 | €11,635 | +€9,403 | +421% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €6,635 | +€6,635 | |
| Distributable reserves | 133 | - | €6,635 | +€6,635 | |
| Profit (loss) carried forward | 14 | -€2,769 | €0 | +€2,769 | |
| Amounts payable | 17/49 | €53,541 | €41,137 | -€12,405 | -23.2% |
| Amounts payable within one year | 42/48 | €53,541 | €41,137 | -€12,405 | -23.2% |
| Trade debts | 44 | €12,981 | €7,645 | -€5,336 | -41.1% |
| Suppliers | 440/4 | €12,981 | €7,645 | -€5,336 | -41.1% |
| Other amounts payable | 47/48 | €40,560 | €33,492 | -€7,069 | -17.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,634 | €9,374 | -€1,260 | -11.9% |
| Other operating charges | 640/8 | €1,106 | €643 | -€462 | -41.8% |
| Gross operating margin | 9900 | €9,315 | €22,182 | +€12,867 | +138% |
| Operating profit (loss) | 9901 | -€2,425 | €12,165 | +€14,590 | |
| Financial income | 75/76B | €16 | €0 | -€16 | -100% |
| Recurring financial income | 75 | €16 | €0 | -€16 | -100% |
| Financial charges | 65/66B | €360 | €293 | -€68 | -18.8% |
| Recurring financial charges | 65 | €360 | €293 | -€68 | -18.8% |
| Profit (loss) for the period before taxes | 9903 | -€2,769 | €11,872 | +€14,641 | |
| Income taxes | 67/77 | - | €2,469 | +€2,469 | |
| Profit (loss) for the period | 9904 | -€2,769 | €9,403 | +€12,172 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,769 | €9,403 | +€12,172 |
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 20 October 2026 via checked.be.