DE FLAMINGO: what changed
What changed
DE FLAMINGO
NACE 03.110, Fishing and aquaculture
filed annual accounts (NBB)
Net result for the year
€30,134
2024 · -€161,224+€191,358
Equity
€1.0m
2024 · €993,713+€25,941
Cash
€331,441
2024 · €517,181-€185,740
Balance sheet total
€1.5m
2024 · €1.4m+€111,260
Largest movements
Assets
- Tangible fixed assets +€226,582
up €226,582 (+26.8%), from €845,063 to €1.1m
of which Land and buildings: +€263,155
- Cash -€185,740
down €185,740 (-35.9%), from €517,181 to €331,441
mainly Investment in fixed assets (net) (-€334,249) and Receivables within one year (-€67,459)
- Receivables within one year +€67,459
up €67,459 (+2,301%), from €2,932 to €70,391
of which Trade receivables: +€64,904
Equity and liabilities
- Debts after one year +€113,650
up €113,650 (+57.2%), from €198,834 to €312,484
- Trade debts -€36,751
down €36,751 (-39.4%), from €93,304 to €56,553
- Profit (loss) carried forward +€30,134
up €30,134 (+33.2%), from -€90,663 to -€60,528
Income statement
- Gross operating margin +€299,256
up €299,256 (+51.7%), from €578,486 to €877,742
- Staff costs +€111,286
up €111,286 (+17.9%), from €622,946 to €734,232
- Depreciation -€13,317
down €13,317 (-11.0%), from €120,983 to €107,666
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€161,224
Gross operating margin
+€299,256
Staff costs
-€111,286
Depreciation
+€13,317
Other operating charges
-€3,570
Financial income
-€8,015
Financial charges
+€2,265
Taxes
-€100
Deferred taxes and other
-€509
Result 2025
€30,134
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€31,887
Investment
-€334,249
Financing
+€116,621
Cash 2024
€517,181
From operations (derived)
+€31,887
Net result for the year
+€30,134
Depreciation
+€107,666
Receivables within one year
-€67,459
Deferred charges and accrued income
-€2,959
Provisions
-€587
Trade debts
-€36,751
Tax, wage and social debts
+€1,842
Investment (derived)
-€334,249
Investment in fixed assets (net)
-€334,249
Financing
+€116,621
Debts after one year
+€113,650
Current portion of long-term debt
+€7,165
Contributions, distributions and other
-€4,194
Cash 2025
€331,441
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,391,146 | €1,502,407 | +€111,260 | +8.0% |
| Fixed assets | 21/28 | €847,763 | €1,074,345 | +€226,582 | +26.7% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €845,063 | €1,071,645 | +€226,582 | +26.8% |
| Land and buildings | 22 | - | €263,155 | +€263,155 | |
| Plant, machinery and equipment | 23 | €277,845 | €228,472 | -€49,372 | -17.8% |
| Furniture and vehicles | 24 | €567,218 | €580,018 | +€12,799 | +2.3% |
| Financial fixed assets | 28 | €2,700 | €2,700 | = | 0.0% |
| Current assets | 29/58 | €543,384 | €428,061 | -€115,322 | -21.2% |
| Amounts receivable within one year | 40/41 | €2,932 | €70,391 | +€67,459 | +2,301% |
| Trade receivables | 40 | €248 | €65,153 | +€64,904 | +26,132% |
| Other amounts receivable | 41 | €2,684 | €5,238 | +€2,555 | +95.2% |
| Current investments | 50/53 | €533 | €533 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €517,181 | €331,441 | -€185,740 | -35.9% |
| Deferred charges and accrued income | 490/1 | €22,737 | €25,696 | +€2,959 | +13.0% |
| Total equity and liabilities | 10/49 | €1,391,146 | €1,502,407 | +€111,260 | +8.0% |
| Equity | 10/15 | €993,713 | €1,019,654 | +€25,941 | +2.6% |
| Contributions | 10/11 | €267,725 | €267,725 | = | 0.0% |
| Revaluation surpluses | 12 | €550,493 | €550,493 | = | 0.0% |
| Reserves | 13 | €261,504 | €261,504 | = | 0.0% |
| Non-distributable reserves | 130/1 | €26,773 | €26,773 | = | 0.0% |
| Reserves not available under the articles | 1311 | €26,773 | €26,773 | = | 0.0% |
| Distributable reserves | 133 | €234,731 | €234,731 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€90,663 | -€60,528 | +€30,134 | +33.2% |
| Investment grants | 15 | €4,654 | €460 | -€4,194 | -90.1% |
| Provisions and deferred taxes | 16 | €665 | €78 | -€587 | -88.3% |
| Deferred taxes | 168 | €665 | €78 | -€587 | -88.3% |
| Amounts payable | 17/49 | €396,769 | €482,675 | +€85,906 | +21.7% |
| Amounts payable after more than one year | 17 | €198,834 | €312,484 | +€113,650 | +57.2% |
| Financial debts | 170/4 | €198,834 | €312,484 | +€113,650 | +57.2% |
| Amounts payable within one year | 42/48 | €197,935 | €170,191 | -€27,744 | -14.0% |
| Current portion of amounts payable after more than one year | 42 | €49,185 | €56,350 | +€7,165 | +14.6% |
| Trade debts | 44 | €93,304 | €56,553 | -€36,751 | -39.4% |
| Suppliers | 440/4 | €93,304 | €56,553 | -€36,751 | -39.4% |
| Taxes, remuneration and social security | 45 | €55,446 | €57,288 | +€1,842 | +3.3% |
| Taxes | 450/3 | €22,954 | €31,205 | +€8,251 | +35.9% |
| Remuneration and social security | 454/9 | €32,492 | €26,083 | -€6,409 | -19.7% |
| Non-recurring operating income | 76A | - | €8,516 | +€8,516 | |
| Remuneration, social security and pensions | 62 | €622,946 | €734,232 | +€111,286 | +17.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €120,983 | €107,666 | -€13,317 | -11.0% |
| Other operating charges | 640/8 | €2,553 | €6,123 | +€3,570 | +140% |
| Gross operating margin | 9900 | €578,486 | €877,742 | +€299,256 | +51.7% |
| Operating profit (loss) | 9901 | -€167,995 | €29,721 | +€197,717 | |
| Financial income | 75/76B | €17,249 | €9,234 | -€8,015 | -46.5% |
| Recurring financial income | 75 | €17,249 | €9,234 | -€8,015 | -46.5% |
| Financial charges | 65/66B | €11,679 | €9,414 | -€2,265 | -19.4% |
| Recurring financial charges | 65 | €11,679 | €9,414 | -€2,265 | -19.4% |
| Profit (loss) for the period before taxes | 9903 | -€162,425 | €29,542 | +€191,967 | |
| Transfer from deferred taxes | 780 | €1,330 | €821 | -€509 | -38.3% |
| Income taxes | 67/77 | €128 | €228 | +€100 | +78.3% |
| Profit (loss) for the period | 9904 | -€161,224 | €30,134 | +€191,358 | |
| Profit (loss) for the period to be appropriated | 9905 | -€161,224 | €30,134 | +€191,358 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.