FLANDERS BUILDING SOLUTIONS: 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 BUILDING SOLUTIONS
Largest movements
- Receivables within one year +€443,185
up €443,185 (+60.1%), from €737,727 to €1.2m
of which Trade receivables: +€347,482
- Receivables after one year +€220,551
up €220,551 (+15.3%), from €1.4m to €1.7m
- Stocks and contracts -€64,808
down €64,808 (-2.7%), from €2.4m to €2.3m
- Debts after one year +€706,236
up €706,236 (+35.0%), from €2.0m to €2.7m
- Reserves -€55,448
down €55,448 (-4.1%), from €1.4m to €1.3m
of which Distributable reserves: -€55,448
- Gross operating margin +€142,734
up €142,734 (+43.8%), from -€325,907 to -€183,173
- Write-downs -€97,796
down €97,796 (-199%), from -€49,204 to -€147,000
- Other operating charges -€46,724
down €46,724 (-95.3%), from €49,041 to €2,317
- Financial income +€29,897
up €29,897 (+39.9%), from €74,939 to €104,836
- Financial charges +€3,900
up €3,900 (+3.3%), from €117,895 to €121,795
of which Non-recurring financial charges: +€7,578
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 | €4,603,252 | €5,238,514 | +€635,262 | +13.8% |
| Current assets | 29/58 | €4,603,252 | €5,238,514 | +€635,262 | +13.8% |
| Amounts receivable after more than one year | 29 | €1,444,214 | €1,664,765 | +€220,551 | +15.3% |
| Other amounts receivable | 291 | €1,444,214 | €1,664,765 | +€220,551 | +15.3% |
| Stocks and contracts in progress | 3 | €2,404,615 | €2,339,807 | -€64,808 | -2.7% |
| Stocks | 30/36 | €2,404,615 | €2,339,807 | -€64,808 | -2.7% |
| Amounts receivable within one year | 40/41 | €737,727 | €1,180,913 | +€443,185 | +60.1% |
| Trade receivables | 40 | €17,708 | €365,190 | +€347,482 | +1,962% |
| Other amounts receivable | 41 | €720,020 | €815,723 | +€95,703 | +13.3% |
| Cash at bank and in hand | 54/58 | €11,701 | €16,864 | +€5,163 | +44.1% |
| Deferred charges and accrued income | 490/1 | €4,995 | €36,165 | +€31,170 | +624% |
| Total equity and liabilities | 10/49 | €4,603,252 | €5,238,514 | +€635,262 | +13.8% |
| Equity | 10/15 | €2,566,969 | €2,511,521 | -€55,448 | -2.2% |
| Contributions | 10/11 | €1,212,403 | €1,212,403 | = | 0.0% |
| Reserves | 13 | €1,354,567 | €1,299,118 | -€55,448 | -4.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €128 | €128 | = | 0.0% |
| Distributable reserves | 133 | €1,354,439 | €1,298,991 | -€55,448 | -4.1% |
| Amounts payable | 17/49 | €2,036,283 | €2,726,993 | +€690,710 | +33.9% |
| Amounts payable after more than one year | 17 | €2,019,193 | €2,725,429 | +€706,236 | +35.0% |
| Financial debts | 170/4 | €2,019,193 | €2,725,429 | +€706,236 | +35.0% |
| Amounts payable within one year | 42/48 | €17,090 | €1,564 | -€15,526 | -90.8% |
| Trade debts | 44 | €17,090 | €1,564 | -€15,526 | -90.8% |
| Suppliers | 440/4 | €17,090 | €1,564 | -€15,526 | -90.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€49,204 | -€147,000 | -€97,796 | -199% |
| Other operating charges | 640/8 | €49,041 | €2,317 | -€46,724 | -95.3% |
| Gross operating margin | 9900 | -€325,907 | -€183,173 | +€142,734 | +43.8% |
| Operating profit (loss) | 9901 | -€325,743 | -€38,490 | +€287,254 | +88.2% |
| Financial income | 75/76B | €74,939 | €104,836 | +€29,897 | +39.9% |
| Recurring financial income | 75 | €74,939 | €104,836 | +€29,897 | +39.9% |
| Financial charges | 65/66B | €117,895 | €121,795 | +€3,900 | +3.3% |
| Recurring financial charges | 65 | €117,895 | €114,217 | -€3,678 | -3.1% |
| Non-recurring financial charges | 66B | - | €7,578 | +€7,578 | |
| Profit (loss) for the period before taxes | 9903 | -€368,699 | -€55,448 | +€313,251 | +85.0% |
| Profit (loss) for the period | 9904 | -€368,699 | -€55,448 | +€313,251 | +85.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€368,699 | -€55,448 | +€313,251 | +85.0% |
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 21 October 2026 via checked.be.