REFLEXO IT: 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.
REFLEXO IT
Largest movements
- Cash +€26,016
up €26,016 (+31.3%), from €83,059 to €109,074
mainly Other debts (+€100,584) and Net result for the year (+€33,546)
- Receivables within one year +€9,944
up €9,944 (+118.5%), from €8,391 to €18,335
of which Trade receivables: +€9,652
- Tangible fixed assets -€8,375
down €8,375 (-23.9%), from €35,009 to €26,634
- Other debts +€100,584
up €100,584 (+19481.3%), from €516 to €101,100
- Profit (loss) carried forward -€67,554
down €67,554 (-74.4%), from €90,836 to €23,282
- Tax, wage and social debts -€6,478
down €6,478 (-21.2%), from €30,579 to €24,101
- Gross operating margin +€13,325
up €13,325 (+35.4%), from €37,656 to €50,981
- Depreciation +€3,318
up €3,318 (+65.6%), from €5,057 to €8,375
- Financial charges -€2,083
down €2,083 (-93.7%), from €2,222 to €139
- Taxes +€2,004
up €2,004 (+29.7%), from €6,757 to €8,761
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 | €127,959 | €155,612 | +€27,653 | +21.6% |
| Fixed assets | 21/28 | €35,509 | €27,134 | -€8,375 | -23.6% |
| Tangible fixed assets | 22/27 | €35,009 | €26,634 | -€8,375 | -23.9% |
| Furniture and vehicles | 24 | €35,009 | €26,634 | -€8,375 | -23.9% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €92,450 | €128,478 | +€36,028 | +39.0% |
| Amounts receivable within one year | 40/41 | €8,391 | €18,335 | +€9,944 | +118.5% |
| Trade receivables | 40 | €8,389 | €18,041 | +€9,652 | +115.1% |
| Other amounts receivable | 41 | €2 | €294 | +€292 | +18046.3% |
| Cash at bank and in hand | 54/58 | €83,059 | €109,074 | +€26,016 | +31.3% |
| Deferred charges and accrued income | 490/1 | €1,001 | €1,068 | +€68 | +6.8% |
| Total equity and liabilities | 10/49 | €127,959 | €155,612 | +€27,653 | +21.6% |
| Equity | 10/15 | €95,836 | €28,282 | -€67,554 | -70.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €90,836 | €23,282 | -€67,554 | -74.4% |
| Amounts payable | 17/49 | €32,123 | €127,330 | +€95,207 | +296.4% |
| Amounts payable within one year | 42/48 | €32,123 | €127,330 | +€95,207 | +296.4% |
| Trade debts | 44 | €1,027 | €2,129 | +€1,102 | +107.2% |
| Suppliers | 440/4 | €1,027 | €2,129 | +€1,102 | +107.2% |
| Taxes, remuneration and social security | 45 | €30,579 | €24,101 | -€6,478 | -21.2% |
| Taxes | 450/3 | €30,579 | €24,101 | -€6,478 | -21.2% |
| Other amounts payable | 47/48 | €516 | €101,100 | +€100,584 | +19481.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,057 | €8,375 | +€3,318 | +65.6% |
| Other operating charges | 640/8 | €446 | €693 | +€247 | +55.4% |
| Gross operating margin | 9900 | €37,656 | €50,981 | +€13,325 | +35.4% |
| Operating profit (loss) | 9901 | €32,154 | €41,913 | +€9,759 | +30.4% |
| Financial income | 75/76B | €198 | €533 | +€335 | +169.2% |
| Recurring financial income | 75 | €198 | €533 | +€335 | +169.2% |
| Financial charges | 65/66B | €2,222 | €139 | -€2,083 | -93.7% |
| Recurring financial charges | 65 | €2,222 | €139 | -€2,083 | -93.7% |
| Profit (loss) for the period before taxes | 9903 | €30,129 | €42,307 | +€12,177 | +40.4% |
| Income taxes | 67/77 | €6,757 | €8,761 | +€2,004 | +29.7% |
| Profit (loss) for the period | 9904 | €23,372 | €33,546 | +€10,174 | +43.5% |
| Profit (loss) for the period to be appropriated | 9905 | €23,372 | €33,546 | +€10,174 | +43.5% |
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 5 October 2026 via checked.be.