VYFLEX: 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.
VYFLEX
Largest movements
- Tangible fixed assets -€9,499
down €9,499 (-51.5%), from €18,433 to €8,934
- Receivables within one year +€2,937
new in 2025: €2,937
- Cash -€1,370
down €1,370 (-6.7%), from €20,374 to €19,004
mainly Debts after one year (-€5,234) and Tax, wage and social debts (-€3,267)
- Debts after one year -€5,234
down €5,234 (-38.6%), from €13,563 to €8,329
- Tax, wage and social debts -€3,267
down €3,267 (-37.7%), from €8,657 to €5,390
- Reserves +€3,095
up €3,095 (+48.6%), from €6,363 to €9,458
- Other debts -€2,784
down €2,784 (-97.6%), from €2,854 to €70
- Gross operating margin -€7,636
down €7,636 (-30.8%), from €24,793 to €17,158
- Other operating charges -€1,673
down €1,673 (-69.8%), from €2,396 to €723
- Taxes -€1,220
down €1,220 (-28.5%), from €4,284 to €3,063
- Financial charges -€906
down €906 (-53.8%), from €1,683 to €778
- Depreciation -€568
down €568 (-5.6%), from €10,067 to €9,499
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 | €38,807 | €30,874 | -€7,933 | -20.4% |
| Fixed assets | 21/28 | €18,433 | €8,934 | -€9,499 | -51.5% |
| Tangible fixed assets | 22/27 | €18,433 | €8,934 | -€9,499 | -51.5% |
| Furniture and vehicles | 24 | €18,433 | €8,934 | -€9,499 | -51.5% |
| Current assets | 29/58 | €20,374 | €21,941 | +€1,566 | +7.7% |
| Amounts receivable within one year | 40/41 | - | €2,937 | +€2,937 | |
| Other amounts receivable | 41 | - | €2,937 | +€2,937 | |
| Cash at bank and in hand | 54/58 | €20,374 | €19,004 | -€1,370 | -6.7% |
| Total equity and liabilities | 10/49 | €38,807 | €30,874 | -€7,933 | -20.4% |
| Equity | 10/15 | €8,363 | €11,458 | +€3,095 | +37.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €6,363 | €9,458 | +€3,095 | +48.6% |
| Distributable reserves | 133 | €6,363 | €9,458 | +€3,095 | +48.6% |
| Amounts payable | 17/49 | €30,444 | €19,416 | -€11,027 | -36.2% |
| Amounts payable after more than one year | 17 | €13,563 | €8,329 | -€5,234 | -38.6% |
| Financial debts | 170/4 | €13,563 | €8,329 | -€5,234 | -38.6% |
| Amounts payable within one year | 42/48 | €16,881 | €11,088 | -€5,793 | -34.3% |
| Current portion of amounts payable after more than one year | 42 | €4,993 | €5,234 | +€241 | +4.8% |
| Trade debts | 44 | €376 | €393 | +€17 | +4.6% |
| Suppliers | 440/4 | €376 | €393 | +€17 | +4.6% |
| Taxes, remuneration and social security | 45 | €8,657 | €5,390 | -€3,267 | -37.7% |
| Taxes | 450/3 | €8,657 | €5,390 | -€3,267 | -37.7% |
| Other amounts payable | 47/48 | €2,854 | €70 | -€2,784 | -97.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,067 | €9,499 | -€568 | -5.6% |
| Other operating charges | 640/8 | €2,396 | €723 | -€1,673 | -69.8% |
| Gross operating margin | 9900 | €24,793 | €17,158 | -€7,636 | -30.8% |
| Operating profit (loss) | 9901 | €12,330 | €6,936 | -€5,395 | -43.8% |
| Financial charges | 65/66B | €1,683 | €778 | -€906 | -53.8% |
| Recurring financial charges | 65 | €1,683 | €778 | -€906 | -53.8% |
| Profit (loss) for the period before taxes | 9903 | €10,647 | €6,158 | -€4,489 | -42.2% |
| Income taxes | 67/77 | €4,284 | €3,063 | -€1,220 | -28.5% |
| Profit (loss) for the period | 9904 | €6,363 | €3,095 | -€3,269 | -51.4% |
| Profit (loss) for the period to be appropriated | 9905 | €6,363 | €3,095 | -€3,269 | -51.4% |
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 4 October 2026 via checked.be.