FLANDERS DEVELOPMENT GROUP: 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 DEVELOPMENT GROUP
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Profit (loss) carried forward -€224,050
down €224,050 (-37.7%), from -€594,476 to -€818,526
- Debts after one year +€130,000
up €130,000 (+2.7%), from €4.9m to €5.0m
of which Other amounts payable: +€130,000
- Accrued charges and deferred income +€95,736
up €95,736 (+46.1%), from €207,853 to €303,589
- Financial charges -€71,891
down €71,891 (-24.9%), from €289,077 to €217,186
- Other operating charges +€1,766
up €1,766 (+33.4%), from €5,285 to €7,051
- Gross operating margin +€211
up €211, from -€24 to €187
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 | €5,033,073 | €5,036,037 | +€2,964 | +0.1% |
| Current assets | 29/58 | €5,033,073 | €5,036,037 | +€2,964 | +0.1% |
| Stocks and contracts in progress | 3 | €4,981,203 | €4,992,483 | +€11,280 | +0.2% |
| Stocks | 30/36 | €4,981,203 | €4,992,483 | +€11,280 | +0.2% |
| Amounts receivable within one year | 40/41 | €1,343 | €9,280 | +€7,936 | +591% |
| Trade receivables | 40 | €750 | €8,830 | +€8,080 | +1,077% |
| Other amounts receivable | 41 | €593 | €450 | -€144 | -24.2% |
| Cash at bank and in hand | 54/58 | €50,006 | €31,298 | -€18,708 | -37.4% |
| Deferred charges and accrued income | 490/1 | €521 | €2,977 | +€2,456 | +471% |
| Total equity and liabilities | 10/49 | €5,033,073 | €5,036,037 | +€2,964 | +0.1% |
| Equity | 10/15 | -€70,826 | -€294,876 | -€224,050 | -316% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €462,150 | €462,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €456,000 | €456,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€594,476 | -€818,526 | -€224,050 | -37.7% |
| Amounts payable | 17/49 | €5,103,899 | €5,330,913 | +€227,014 | +4.4% |
| Amounts payable after more than one year | 17 | €4,875,000 | €5,005,000 | +€130,000 | +2.7% |
| Financial debts | 170/4 | €2,665,000 | €2,665,000 | = | 0.0% |
| Other amounts payable | 178/9 | €2,210,000 | €2,340,000 | +€130,000 | +5.9% |
| Amounts payable within one year | 42/48 | €21,046 | €22,324 | +€1,278 | +6.1% |
| Financial debts | 43 | €9,562 | €0 | -€9,562 | -100% |
| Credit institutions | 430/8 | €9,562 | €0 | -€9,562 | -100% |
| Trade debts | 44 | €11,484 | €22,324 | +€10,840 | +94.4% |
| Suppliers | 440/4 | €11,484 | €22,324 | +€10,840 | +94.4% |
| Accrued charges and deferred income | 492/3 | €207,853 | €303,589 | +€95,736 | +46.1% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €5,285 | €7,051 | +€1,766 | +33.4% |
| Gross operating margin | 9900 | -€24 | €187 | +€211 | |
| Operating profit (loss) | 9901 | -€5,309 | -€6,864 | -€1,555 | -29.3% |
| Financial charges | 65/66B | €289,077 | €217,186 | -€71,891 | -24.9% |
| Recurring financial charges | 65 | €289,077 | €217,186 | -€71,891 | -24.9% |
| Profit (loss) for the period before taxes | 9903 | -€294,386 | -€224,050 | +€70,336 | +23.9% |
| Profit (loss) for the period | 9904 | -€294,386 | -€224,050 | +€70,336 | +23.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€294,386 | -€224,050 | +€70,336 | +23.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.