Flamend - Dewulf ES TE: 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.
Flamend - Dewulf ES TE
Largest movements
- Tangible fixed assets -€27,555
down €27,555 (-2.1%), from €1.3m to €1.3m
of which Land and buildings: -€20,809
- Receivables within one year +€19,565
up €19,565 (+38.9%), from €50,356 to €69,921
of which Trade receivables: +€19,565
- Cash -€17,523
down €17,523 (-10.0%), from €176,107 to €158,584
mainly Investment in fixed assets (net) (-€75,429) and Contributions, distributions and other (-€28,576)
- Trade debts +€24,743
up €24,743 (+88.6%), from €27,935 to €52,678
- Other debts -€22,687
down €22,687 (-13.1%), from €172,702 to €150,015
- Debts after one year -€18,785
down €18,785 (-8.5%), from €221,969 to €203,184
- Gross operating margin +€49,613
up €49,613 (+41.4%), from €119,724 to €169,337
- Taxes +€8,137
up €8,137 (+54.9%), from €14,826 to €22,963
- Depreciation +€5,620
up €5,620 (+5.8%), from €97,364 to €102,984
- Other operating charges -€4,940
down €4,940 (-23.4%), from €21,138 to €16,198
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 | €1,566,922 | €1,540,023 | -€26,899 | -1.7% |
| Fixed assets | 21/28 | €1,334,978 | €1,307,422 | -€27,555 | -2.1% |
| Tangible fixed assets | 22/27 | €1,334,978 | €1,307,422 | -€27,555 | -2.1% |
| Land and buildings | 22 | €1,294,181 | €1,273,371 | -€20,809 | -1.6% |
| Plant, machinery and equipment | 23 | €19,115 | €16,233 | -€2,881 | -15.1% |
| Furniture and vehicles | 24 | €21,682 | €17,818 | -€3,865 | -17.8% |
| Current assets | 29/58 | €231,944 | €232,600 | +€657 | +0.3% |
| Amounts receivable within one year | 40/41 | €50,356 | €69,921 | +€19,565 | +38.9% |
| Trade receivables | 40 | €49,606 | €69,171 | +€19,565 | +39.4% |
| Other amounts receivable | 41 | €750 | €750 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €176,107 | €158,584 | -€17,523 | -10.0% |
| Deferred charges and accrued income | 490/1 | €5,481 | €4,096 | -€1,385 | -25.3% |
| Total equity and liabilities | 10/49 | €1,566,922 | €1,540,023 | -€26,899 | -1.7% |
| Equity | 10/15 | €1,062,238 | €1,057,090 | -€5,148 | -0.5% |
| Contributions | 10/11 | €24,797 | €24,797 | = | 0.0% |
| Reserves | 13 | €1,037,440 | €1,032,292 | -€5,148 | -0.5% |
| Non-distributable reserves | 130/1 | €3,718 | €3,718 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,718 | €3,718 | = | 0.0% |
| Tax-exempt reserves | 132 | €231,110 | €226,136 | -€4,974 | -2.2% |
| Distributable reserves | 133 | €802,612 | €802,438 | -€174 | 0.0% |
| Provisions and deferred taxes | 16 | €12,670 | €11,427 | -€1,243 | -9.8% |
| Deferred taxes | 168 | €12,670 | €11,427 | -€1,243 | -9.8% |
| Amounts payable | 17/49 | €492,014 | €471,507 | -€20,507 | -4.2% |
| Amounts payable after more than one year | 17 | €221,969 | €203,184 | -€18,785 | -8.5% |
| Financial debts | 170/4 | €221,969 | €203,184 | -€18,785 | -8.5% |
| Amounts payable within one year | 42/48 | €265,208 | €263,848 | -€1,359 | -0.5% |
| Current portion of amounts payable after more than one year | 42 | €18,236 | €18,785 | +€549 | +3.0% |
| Trade debts | 44 | €27,935 | €52,678 | +€24,743 | +88.6% |
| Suppliers | 440/4 | €27,935 | €52,678 | +€24,743 | +88.6% |
| Advances received on contracts in progress | 46 | €3,531 | - | -€3,531 | |
| Taxes, remuneration and social security | 45 | €42,804 | €42,370 | -€434 | -1.0% |
| Taxes | 450/3 | €23,397 | €28,313 | +€4,916 | +21.0% |
| Remuneration and social security | 454/9 | €19,406 | €14,056 | -€5,350 | -27.6% |
| Other amounts payable | 47/48 | €172,702 | €150,015 | -€22,687 | -13.1% |
| Accrued charges and deferred income | 492/3 | €4,838 | €4,475 | -€363 | -7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €97,364 | €102,984 | +€5,620 | +5.8% |
| Other operating charges | 640/8 | €21,138 | €16,198 | -€4,940 | -23.4% |
| Gross operating margin | 9900 | €119,724 | €169,337 | +€49,613 | +41.4% |
| Operating profit (loss) | 9901 | €1,221 | €50,155 | +€48,933 | +4,007% |
| Financial income | 75/76B | €240 | €426 | +€186 | +77.5% |
| Recurring financial income | 75 | €240 | €426 | +€186 | +77.5% |
| Financial charges | 65/66B | €6,022 | €5,432 | -€589 | -9.8% |
| Recurring financial charges | 65 | €6,022 | €5,432 | -€589 | -9.8% |
| Profit (loss) for the period before taxes | 9903 | -€4,561 | €45,148 | +€49,709 | |
| Transfer from deferred taxes | 780 | €1,343 | €1,243 | -€100 | -7.4% |
| Income taxes | 67/77 | €14,826 | €22,963 | +€8,137 | +54.9% |
| Profit (loss) for the period | 9904 | -€18,044 | €23,428 | +€41,472 | |
| Transfer from tax-exempt reserves | 789 | €5,372 | €4,974 | -€398 | -7.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,672 | €28,402 | +€41,074 |
Source: filed annual accounts (NBB), financial years ended 30 March 2024 and 30 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.