FREELEX: 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.
FREELEX
Largest movements
- Receivables within one year +€267,842
up €267,842 (+10.9%), from €2.4m to €2.7m
- Profit (loss) carried forward +€196,437
up €196,437 (+25.9%), from €759,738 to €956,175
- Tax, wage and social debts +€71,508
up €71,508 (+10.3%), from €691,687 to €763,194
- Other operating income -€3.0m
no longer reported in 2025 (was €3.0m)
- Taxes -€620,179
down €620,179 (-89.7%), from €691,687 to €71,508
- Financial charges -€79,932
down €79,932 (-98.5%), from €81,146 to €1,213
- Financial income +€68,344
up €68,344 (+77.2%), from €88,498 to €156,842
- Turnover +€2,869
up €2,869 (+2.2%), from €129,925 to €132,793
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 | €3,529,532 | €3,797,477 | +€267,944 | +7.6% |
| Fixed assets | 21/28 | €1,077,459 | €1,077,459 | = | 0.0% |
| Tangible fixed assets | 22/27 | €1,077,459 | €1,077,459 | = | 0.0% |
| Other tangible fixed assets | 26 | €1,077,459 | €1,077,459 | = | 0.0% |
| Current assets | 29/58 | €2,452,073 | €2,720,018 | +€267,944 | +10.9% |
| Amounts receivable within one year | 40/41 | €2,446,391 | €2,714,233 | +€267,842 | +10.9% |
| Other amounts receivable | 41 | €2,446,391 | €2,714,233 | +€267,842 | +10.9% |
| Cash at bank and in hand | 54/58 | €5,683 | €5,785 | +€102 | +1.8% |
| Total equity and liabilities | 10/49 | €3,529,532 | €3,797,477 | +€267,944 | +7.6% |
| Equity | 10/15 | €2,837,846 | €3,034,282 | +€196,437 | +6.9% |
| Contributions | 10/11 | €2,071,883 | €2,071,883 | = | 0.0% |
| Reserves | 13 | €6,224 | €6,224 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,224 | €6,224 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,224 | €6,224 | = | 0.0% |
| Profit (loss) carried forward | 14 | €759,738 | €956,175 | +€196,437 | +25.9% |
| Amounts payable | 17/49 | €691,687 | €763,194 | +€71,508 | +10.3% |
| Amounts payable within one year | 42/48 | €691,687 | €763,194 | +€71,508 | +10.3% |
| Trade debts | 44 | €0 | €0 | = | |
| Suppliers | 440/4 | €0 | €0 | = | |
| Taxes, remuneration and social security | 45 | €691,687 | €763,194 | +€71,508 | +10.3% |
| Taxes | 450/3 | €691,687 | €763,194 | +€71,508 | +10.3% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Operating income | 70/76A | €3,109,102 | €132,793 | -€3.0m | -95.7% |
| Turnover | 70 | €129,925 | €132,793 | +€2,869 | +2.2% |
| Other operating income | 74 | €2,979,177 | - | -€3.0m | |
| Operating charges | 60/66A | €21,990 | €20,478 | -€1,512 | -6.9% |
| Services and other goods | 61 | €20,783 | €19,479 | -€1,304 | -6.3% |
| Other operating charges | 640/8 | €1,207 | €998 | -€208 | -17.3% |
| Operating profit (loss) | 9901 | €3,087,112 | €112,315 | -€3.0m | -96.4% |
| Financial income | 75/76B | €88,498 | €156,842 | +€68,344 | +77.2% |
| Recurring financial income | 75 | €88,498 | €156,842 | +€68,344 | +77.2% |
| Income from financial fixed assets | 750 | €88,498 | €156,842 | +€68,344 | +77.2% |
| Financial charges | 65/66B | €81,146 | €1,213 | -€79,932 | -98.5% |
| Recurring financial charges | 65 | €81,146 | €1,213 | -€79,932 | -98.5% |
| Debt charges | 650 | €80,649 | - | -€80,649 | |
| Other financial charges | 652/9 | €497 | €1,213 | +€717 | +144% |
| Profit (loss) for the period before taxes | 9903 | €3,094,465 | €267,944 | -€2.8m | -91.3% |
| Income taxes | 67/77 | €691,687 | €71,508 | -€620,179 | -89.7% |
| Taxes | 670/3 | €691,687 | €71,508 | -€620,179 | -89.7% |
| Profit (loss) for the period | 9904 | €2,402,778 | €196,437 | -€2.2m | -91.8% |
| Profit (loss) for the period to be appropriated | 9905 | €2,402,778 | €196,437 | -€2.2m | -91.8% |
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 24 October 2026 via checked.be.