Flexwork: 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.
Flexwork
Largest movements
- Receivables within one year -€5,126
down €5,126 (-23.9%), from €21,457 to €16,331
of which Trade receivables: -€3,534
- Cash -€2,073
down €2,073 (-26.8%), from €7,736 to €5,663
mainly Net result for the year (-€7,485) and Tax, wage and social debts (-€1,505)
- Financial fixed assets -€1,000
no longer reported in 2024 (was €1,000)
- Profit (loss) carried forward -€7,485
down €7,485 (-38.2%), from €19,596 to €12,111
- Tax, wage and social debts -€1,505
down €1,505 (-43.1%), from €3,492 to €1,987
- Trade debts +€791
up €791 (+3244.2%), from €24 to €815
- Gross operating margin -€13,158
down €13,158, from €9,125 to -€4,032
- Other operating charges -€2,383
down €2,383 (-84.0%), from €2,839 to €455
- Taxes -€1,987
no longer reported in 2024 (was €1,987)
- Financial charges +€1,900
up €1,900 (+1525.6%), from €125 to €2,025
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €30,194 | €21,995 | -€8,199 | -27.2% |
| Fixed assets | 21/28 | €1,000 | - | -€1,000 | |
| Financial fixed assets | 28 | €1,000 | - | -€1,000 | |
| Current assets | 29/58 | €29,194 | €21,995 | -€7,199 | -24.7% |
| Amounts receivable within one year | 40/41 | €21,457 | €16,331 | -€5,126 | -23.9% |
| Trade receivables | 40 | €18,641 | €15,107 | -€3,534 | -19.0% |
| Other amounts receivable | 41 | €2,817 | €1,224 | -€1,592 | -56.5% |
| Cash at bank and in hand | 54/58 | €7,736 | €5,663 | -€2,073 | -26.8% |
| Total equity and liabilities | 10/49 | €30,194 | €21,995 | -€8,199 | -27.2% |
| Equity | 10/15 | €26,678 | €19,192 | -€7,485 | -28.1% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Outside capital | 11 | €1 | €1 | = | 0.0% |
| Other | 1109/19 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €7,081 | €7,081 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,081 | €7,081 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,081 | €7,081 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,596 | €12,111 | -€7,485 | -38.2% |
| Amounts payable | 17/49 | €3,516 | €2,802 | -€714 | -20.3% |
| Amounts payable within one year | 42/48 | €3,516 | €2,802 | -€714 | -20.3% |
| Trade debts | 44 | €24 | €815 | +€791 | +3244.2% |
| Suppliers | 440/4 | €24 | €815 | +€791 | +3244.2% |
| Taxes, remuneration and social security | 45 | €3,492 | €1,987 | -€1,505 | -43.1% |
| Taxes | 450/3 | €3,492 | €1,987 | -€1,505 | -43.1% |
| Non-recurring operating income | 76A | - | €546 | +€546 | |
| Other operating charges | 640/8 | €2,839 | €455 | -€2,383 | -84.0% |
| Non-recurring operating charges | 66A | - | €1,000 | +€1,000 | |
| Gross operating margin | 9900 | €9,125 | -€4,032 | -€13,158 | |
| Operating profit (loss) | 9901 | €6,287 | -€5,488 | -€11,774 | |
| Financial income | 75/76B | €96 | €27 | -€69 | -71.7% |
| Recurring financial income | 75 | €96 | €27 | -€69 | -71.7% |
| Financial charges | 65/66B | €125 | €2,025 | +€1,900 | +1525.6% |
| Recurring financial charges | 65 | €125 | €2,025 | +€1,900 | +1525.6% |
| Profit (loss) for the period before taxes | 9903 | €6,258 | -€7,485 | -€13,744 | |
| Income taxes | 67/77 | €1,987 | - | -€1,987 | |
| Profit (loss) for the period | 9904 | €4,272 | -€7,485 | -€11,757 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,272 | -€7,485 | -€11,757 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.