Re-flexie: 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.
Re-flexie
Largest movements
- Receivables within one year -€22,920
no longer reported in 2025 (was €22,920)
- Cash -€9,527
down €9,527 (-28.7%), from €33,192 to €23,665
mainly Contributions, distributions and other (-€85,950)
- Tangible fixed assets -€1,502
down €1,502 (-15.4%), from €9,769 to €8,267
of which Plant, machinery and equipment: -€954
- Profit (loss) carried forward -€62,664
down €62,664 (-99.5%), from €62,958 to €293
- Other debts +€27,468
up €27,468 (+3433.4%), from €800 to €28,268
- Tax, wage and social debts +€1,000
up €1,000 (+200.0%), from €500 to €1,500
- Gross operating margin +€11,675
up €11,675 (+62.8%), from €18,578 to €30,253
- Depreciation +€1,051
up €1,051 (+232.9%), from €451 to €1,502
- Other operating charges +€1,033
new in 2025: €1,033
- Financial income -€449
down €449 (-75.6%), from €594 to €145
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 | €66,114 | €32,101 | -€34,013 | -51.4% |
| Fixed assets | 21/28 | €9,769 | €8,267 | -€1,502 | -15.4% |
| Tangible fixed assets | 22/27 | €9,769 | €8,267 | -€1,502 | -15.4% |
| Plant, machinery and equipment | 23 | €4,429 | €3,474 | -€954 | -21.5% |
| Other tangible fixed assets | 26 | €5,341 | €4,793 | -€547 | -10.3% |
| Current assets | 29/58 | €56,345 | €23,834 | -€32,511 | -57.7% |
| Amounts receivable within one year | 40/41 | €22,920 | - | -€22,920 | |
| Other amounts receivable | 41 | €22,920 | - | -€22,920 | |
| Cash at bank and in hand | 54/58 | €33,192 | €23,665 | -€9,527 | -28.7% |
| Deferred charges and accrued income | 490/1 | €233 | €168 | -€64 | -27.6% |
| Total equity and liabilities | 10/49 | €66,114 | €32,101 | -€34,013 | -51.4% |
| Equity | 10/15 | €63,958 | €1,293 | -€62,664 | -98.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €62,958 | €293 | -€62,664 | -99.5% |
| Amounts payable | 17/49 | €2,156 | €30,808 | +€28,652 | +1329.0% |
| Amounts payable within one year | 42/48 | €1,300 | €29,859 | +€28,559 | +2196.8% |
| Trade debts | 44 | - | €91 | +€91 | |
| Suppliers | 440/4 | - | €91 | +€91 | |
| Taxes, remuneration and social security | 45 | €500 | €1,500 | +€1,000 | +200.0% |
| Taxes | 450/3 | €500 | €1,500 | +€1,000 | +200.0% |
| Other amounts payable | 47/48 | €800 | €28,268 | +€27,468 | +3433.4% |
| Accrued charges and deferred income | 492/3 | €856 | €949 | +€93 | +10.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €451 | €1,502 | +€1,051 | +232.9% |
| Other operating charges | 640/8 | - | €1,033 | +€1,033 | |
| Gross operating margin | 9900 | €18,578 | €30,253 | +€11,675 | +62.8% |
| Operating profit (loss) | 9901 | €18,126 | €27,718 | +€9,592 | +52.9% |
| Financial income | 75/76B | €594 | €145 | -€449 | -75.6% |
| Recurring financial income | 75 | €594 | €145 | -€449 | -75.6% |
| Financial charges | 65/66B | €168 | €150 | -€18 | -10.5% |
| Recurring financial charges | 65 | €168 | €150 | -€18 | -10.5% |
| Profit (loss) for the period before taxes | 9903 | €18,553 | €27,713 | +€9,161 | +49.4% |
| Income taxes | 67/77 | €4,178 | €4,428 | +€249 | +6.0% |
| Profit (loss) for the period | 9904 | €14,374 | €23,286 | +€8,911 | +62.0% |
| Profit (loss) for the period to be appropriated | 9905 | €14,374 | €23,286 | +€8,911 | +62.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.