FLEXO PACK: 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.
FLEXO PACK
Largest movements
- Receivables within one year +€83,723
up €83,723, from €0 to €83,723
of which Other amounts receivable: +€83,588
- Cash +€65,602
up €65,602 (+634%), from €10,352 to €75,954
mainly Net result for the year (+€145,052) and Investment in fixed assets (net) (+€16,911)
- Tangible fixed assets -€16,911
down €16,911 (-100%), from €16,911 to €0
- Reserves +€123,649
up €123,649 (+415%), from €29,830 to €153,479
of which Distributable reserves: +€123,649
- Profit (loss) carried forward +€21,403
up €21,403, from -€21,403 to €0
- Other debts -€12,324
down €12,324 (-100%), from €12,324 to €0
- Gross operating margin +€208,514
up €208,514, from -€1,428 to €207,087
- Taxes +€62,274
new in 2025: €62,274
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 | €27,263 | €159,677 | +€132,414 | +486% |
| Fixed assets | 21/28 | €16,911 | €0 | -€16,911 | -100% |
| Tangible fixed assets | 22/27 | €16,911 | €0 | -€16,911 | -100% |
| Land and buildings | 22 | €16,911 | €0 | -€16,911 | -100% |
| Current assets | 29/58 | €10,352 | €159,677 | +€149,325 | +1,443% |
| Amounts receivable within one year | 40/41 | €0 | €83,723 | +€83,723 | |
| Trade receivables | 40 | €0 | €135 | +€135 | |
| Other amounts receivable | 41 | - | €83,588 | +€83,588 | |
| Cash at bank and in hand | 54/58 | €10,352 | €75,954 | +€65,602 | +634% |
| Total equity and liabilities | 10/49 | €27,263 | €159,677 | +€132,414 | +486% |
| Equity | 10/15 | €14,625 | €159,677 | +€145,052 | +992% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €29,830 | €153,479 | +€123,649 | +415% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €27,971 | €151,620 | +€123,649 | +442% |
| Profit (loss) carried forward | 14 | -€21,403 | €0 | +€21,403 | |
| Amounts payable | 17/49 | €12,638 | €0 | -€12,638 | -100% |
| Amounts payable within one year | 42/48 | €12,638 | €0 | -€12,638 | -100% |
| Trade debts | 44 | €258 | €0 | -€258 | -100% |
| Suppliers | 440/4 | €258 | €0 | -€258 | -100% |
| Taxes, remuneration and social security | 45 | €55 | €0 | -€55 | -100% |
| Taxes | 450/3 | €55 | €0 | -€55 | -100% |
| Other amounts payable | 47/48 | €12,324 | €0 | -€12,324 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,513 | €0 | -€1,513 | -100% |
| Other operating charges | 640/8 | €1,948 | €1,509 | -€438 | -22.5% |
| Gross operating margin | 9900 | -€1,428 | €207,087 | +€208,514 | |
| Operating profit (loss) | 9901 | -€4,888 | €205,577 | +€210,465 | |
| Financial income | 75/76B | €337 | €1,857 | +€1,520 | +451% |
| Recurring financial income | 75 | €337 | €1,857 | +€1,520 | +451% |
| Financial charges | 65/66B | €108 | €108 | = | 0.0% |
| Recurring financial charges | 65 | €108 | €108 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€4,659 | €207,326 | +€211,985 | |
| Income taxes | 67/77 | - | €62,274 | +€62,274 | |
| Profit (loss) for the period | 9904 | -€4,659 | €145,052 | +€149,711 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,659 | €145,052 | +€149,711 |
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 26 October 2026 via checked.be.