FLX4WRD: 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.
FLX4WRD
Largest movements
- Receivables within one year +€48,068
up €48,068 (+2021.2%), from €2,378 to €50,446
of which Other amounts receivable: +€48,464
- Cash -€18,877
down €18,877 (-62.5%), from €30,196 to €11,319
mainly Contributions, distributions and other (-€57,280) and Receivables within one year (-€48,068)
- Tangible fixed assets +€9,307
up €9,307 (+36.4%), from €25,561 to €34,868
of which Furniture and vehicles: +€6,215
- Current investments +€6,000
up €6,000 (+54.5%), from €11,000 to €17,000
- Other debts +€57,280
new in 2025: €57,280
- Reserves -€21,131
down €21,131 (-43.1%), from €49,013 to €27,882
- Tax, wage and social debts +€6,186
up €6,186 (+44.1%), from €14,038 to €20,224
- Trade debts +€2,144
up €2,144, from €0 to €2,144
- Gross operating margin +€19,353
up €19,353 (+41.1%), from €47,129 to €66,482
- Taxes +€8,738
up €8,738 (+107.8%), from €8,107 to €16,845
- Write-downs -€3,391
no longer reported in 2025 (was €3,391)
- Financial income -€2,221
down €2,221 (-99.6%), from €2,230 to €10
- Financial charges +€1,884
up €1,884 (+104.6%), from €1,800 to €3,684
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €69,251 | €113,729 | +€44,478 | +64.2% |
| Fixed assets | 21/28 | €25,561 | €34,868 | +€9,307 | +36.4% |
| Tangible fixed assets | 22/27 | €25,561 | €34,868 | +€9,307 | +36.4% |
| Land and buildings | 22 | €6,909 | €9,545 | +€2,636 | +38.2% |
| Plant, machinery and equipment | 23 | - | €456 | +€456 | |
| Furniture and vehicles | 24 | €18,652 | €24,867 | +€6,215 | +33.3% |
| Current assets | 29/58 | €43,690 | €78,861 | +€35,171 | +80.5% |
| Amounts receivable within one year | 40/41 | €2,378 | €50,446 | +€48,068 | +2021.2% |
| Trade receivables | 40 | €396 | - | -€396 | |
| Other amounts receivable | 41 | €1,982 | €50,446 | +€48,464 | +2445.6% |
| Current investments | 50/53 | €11,000 | €17,000 | +€6,000 | +54.5% |
| Cash at bank and in hand | 54/58 | €30,196 | €11,319 | -€18,877 | -62.5% |
| Deferred charges and accrued income | 490/1 | €116 | €96 | -€20 | -17.3% |
| Total equity and liabilities | 10/49 | €69,251 | €113,729 | +€44,478 | +64.2% |
| Equity | 10/15 | €55,213 | €34,082 | -€21,131 | -38.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €49,013 | €27,882 | -€21,131 | -43.1% |
| Distributable reserves | 133 | €49,013 | €27,882 | -€21,131 | -43.1% |
| Amounts payable | 17/49 | €14,038 | €79,647 | +€65,609 | +467.4% |
| Amounts payable within one year | 42/48 | €14,038 | €79,647 | +€65,609 | +467.4% |
| Trade debts | 44 | €0 | €2,144 | +€2,144 | |
| Suppliers | 440/4 | €0 | €2,144 | +€2,144 | |
| Taxes, remuneration and social security | 45 | €14,038 | €20,224 | +€6,186 | +44.1% |
| Taxes | 450/3 | €14,038 | €20,224 | +€6,186 | +44.1% |
| Other amounts payable | 47/48 | - | €57,280 | +€57,280 | |
| Non-recurring operating income | 76A | €1,736 | €6,021 | +€4,284 | +246.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,377 | €8,020 | +€1,643 | +25.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,391 | - | -€3,391 | |
| Other operating charges | 640/8 | €1,727 | €1,794 | +€67 | +3.9% |
| Non-recurring operating charges | 66A | €9,173 | - | -€9,173 | |
| Gross operating margin | 9900 | €47,129 | €66,482 | +€19,353 | +41.1% |
| Operating profit (loss) | 9901 | €26,461 | €56,668 | +€30,207 | +114.2% |
| Financial income | 75/76B | €2,230 | €10 | -€2,221 | -99.6% |
| Recurring financial income | 75 | €2,230 | €10 | -€2,221 | -99.6% |
| Financial charges | 65/66B | €1,800 | €3,684 | +€1,884 | +104.6% |
| Recurring financial charges | 65 | €1,800 | €3,684 | +€1,884 | +104.6% |
| Profit (loss) for the period before taxes | 9903 | €26,891 | €52,994 | +€26,103 | +97.1% |
| Income taxes | 67/77 | €8,107 | €16,845 | +€8,738 | +107.8% |
| Profit (loss) for the period | 9904 | €18,784 | €36,149 | +€17,365 | +92.4% |
| Profit (loss) for the period to be appropriated | 9905 | €18,784 | €36,149 | +€17,365 | +92.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.