FLANDERS BLUE SQUARE: 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.
FLANDERS BLUE SQUARE
Largest movements
- Cash -€3,370
down €3,370 (-66.2%), from €5,091 to €1,721
mainly Net result for the year (-€5,685) and Deferred charges and accrued income (-€652)
- Deferred charges and accrued income +€652
up €652 (+4.0%), from €16,501 to €17,153
- Profit (loss) carried forward -€5,685
down €5,685 (-7.2%), from -€79,246 to -€84,931
- Accrued charges and deferred income +€3,200
up €3,200 (+6.4%), from €49,861 to €53,060
- Gross operating margin +€4,333
up €4,333 (+59.7%), from -€7,264 to -€2,931
- Financial charges -€430
down €430 (-13.1%), from €3,292 to €2,863
- Financial income -€369
down €369 (-36.2%), from €1,022 to €652
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 | €59,693 | €57,208 | -€2,485 | -4.2% |
| Current assets | 29/58 | €59,693 | €57,208 | -€2,485 | -4.2% |
| Amounts receivable within one year | 40/41 | €38,101 | €38,334 | +€232 | +0.6% |
| Trade receivables | 40 | €4,500 | €4,500 | = | 0.0% |
| Other amounts receivable | 41 | €33,601 | €33,834 | +€232 | +0.7% |
| Cash at bank and in hand | 54/58 | €5,091 | €1,721 | -€3,370 | -66.2% |
| Deferred charges and accrued income | 490/1 | €16,501 | €17,153 | +€652 | +4.0% |
| Total equity and liabilities | 10/49 | €59,693 | €57,208 | -€2,485 | -4.2% |
| Equity | 10/15 | -€60,246 | -€65,931 | -€5,685 | -9.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €400 | €400 | = | 0.0% |
| Non-distributable reserves | 130/1 | €400 | €400 | = | 0.0% |
| Reserves not available under the articles | 1311 | €400 | €400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€79,246 | -€84,931 | -€5,685 | -7.2% |
| Amounts payable | 17/49 | €119,939 | €123,139 | +€3,200 | +2.7% |
| Amounts payable within one year | 42/48 | €70,078 | €70,078 | = | 0.0% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Other amounts payable | 47/48 | €70,078 | €70,078 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €49,861 | €53,060 | +€3,200 | +6.4% |
| Non-recurring operating income | 76A | €360 | €0 | -€360 | -100% |
| Other operating charges | 640/8 | €528 | €544 | +€16 | +3.0% |
| Gross operating margin | 9900 | -€7,264 | -€2,931 | +€4,333 | +59.7% |
| Operating profit (loss) | 9901 | -€7,791 | -€3,475 | +€4,317 | +55.4% |
| Financial income | 75/76B | €1,022 | €652 | -€369 | -36.2% |
| Recurring financial income | 75 | €1,022 | €652 | -€369 | -36.2% |
| Financial charges | 65/66B | €3,292 | €2,863 | -€430 | -13.1% |
| Recurring financial charges | 65 | €3,292 | €2,863 | -€430 | -13.1% |
| Profit (loss) for the period before taxes | 9903 | -€10,062 | -€5,685 | +€4,377 | +43.5% |
| Profit (loss) for the period | 9904 | -€10,062 | -€5,685 | +€4,377 | +43.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,062 | -€5,685 | +€4,377 | +43.5% |
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 18 October 2026 via checked.be.