FLANDERS FOAL AUCTION: 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 FOAL AUCTION
Largest movements
- Cash +€472,590
up €472,590 (+495%), from €95,490 to €568,080
mainly Other debts (+€387,501) and Receivables within one year (+€64,884)
- Receivables within one year -€64,884
down €64,884 (-96.6%), from €67,190 to €2,306
- Tangible fixed assets -€38,403
down €38,403 (-45.3%), from €84,764 to €46,361
of which Leasing and similar rights: -€23,841
- Stocks and contracts +€19,200
up €19,200 (+8.5%), from €226,306 to €245,506
- Other debts +€387,501
up €387,501 (+186%), from €208,432 to €595,932
- Tax, wage and social debts +€63,026
up €63,026 (+335%), from €18,836 to €81,862
- Accrued charges and deferred income -€48,700
no longer reported in 2025 (was €48,700)
- Debts after one year -€28,361
down €28,361 (-41.1%), from €68,949 to €40,588
- Profit (loss) carried forward +€17,684
no longer reported in 2025 (was -€17,684)
- Gross operating margin +€37,057
up €37,057 (+71.4%), from €51,919 to €88,976
- Depreciation -€11,180
down €11,180 (-40.4%), from €27,703 to €16,522
- Taxes +€7,167
up €7,167 (+50.9%), from €14,088 to €21,255
- Financial charges -€4,792
down €4,792 (-33.7%), from €14,199 to €9,407
- Other operating charges +€1,367
up €1,367 (+59.5%), from €2,297 to €3,664
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 | €608,007 | €992,466 | +€384,459 | +63.2% |
| Fixed assets | 21/28 | €89,764 | €51,361 | -€38,403 | -42.8% |
| Tangible fixed assets | 22/27 | €84,764 | €46,361 | -€38,403 | -45.3% |
| Plant, machinery and equipment | 23 | €1,076 | €2,671 | +€1,595 | +148% |
| Furniture and vehicles | 24 | €59,847 | €43,690 | -€16,157 | -27.0% |
| Leasing and similar rights | 25 | €23,841 | - | -€23,841 | |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €518,243 | €941,105 | +€422,862 | +81.6% |
| Stocks and contracts in progress | 3 | €226,306 | €245,506 | +€19,200 | +8.5% |
| Stocks | 30/36 | €226,306 | €245,506 | +€19,200 | +8.5% |
| Amounts receivable within one year | 40/41 | €67,190 | €2,306 | -€64,884 | -96.6% |
| Other amounts receivable | 41 | €67,190 | €2,306 | -€64,884 | -96.6% |
| Cash at bank and in hand | 54/58 | €95,490 | €568,080 | +€472,590 | +495% |
| Deferred charges and accrued income | 490/1 | €129,257 | €125,212 | -€4,044 | -3.1% |
| Total equity and liabilities | 10/49 | €608,007 | €992,466 | +€384,459 | +63.2% |
| Equity | 10/15 | €13,349 | €39,909 | +€26,560 | +199% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Reserves | 13 | €24,733 | €33,609 | +€8,877 | +35.9% |
| Distributable reserves | 133 | €24,733 | €33,609 | +€8,877 | +35.9% |
| Profit (loss) carried forward | 14 | -€17,684 | - | +€17,684 | |
| Amounts payable | 17/49 | €594,658 | €952,557 | +€357,899 | +60.2% |
| Amounts payable after more than one year | 17 | €68,949 | €40,588 | -€28,361 | -41.1% |
| Financial debts | 170/4 | €68,949 | €40,588 | -€28,361 | -41.1% |
| Amounts payable within one year | 42/48 | €477,009 | €911,969 | +€434,960 | +91.2% |
| Current portion of amounts payable after more than one year | 42 | €25,868 | €14,622 | -€11,247 | -43.5% |
| Financial debts | 43 | €50,000 | €50,000 | = | 0.0% |
| Credit institutions | 430/8 | €50,000 | €50,000 | = | 0.0% |
| Trade debts | 44 | €173,873 | €169,553 | -€4,320 | -2.5% |
| Suppliers | 440/4 | €173,873 | €169,553 | -€4,320 | -2.5% |
| Taxes, remuneration and social security | 45 | €18,836 | €81,862 | +€63,026 | +335% |
| Taxes | 450/3 | €18,836 | €81,862 | +€63,026 | +335% |
| Other amounts payable | 47/48 | €208,432 | €595,932 | +€387,501 | +186% |
| Accrued charges and deferred income | 492/3 | €48,700 | - | -€48,700 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,703 | €16,522 | -€11,180 | -40.4% |
| Other operating charges | 640/8 | €2,297 | €3,664 | +€1,367 | +59.5% |
| Non-recurring operating charges | 66A | - | €12,841 | +€12,841 | |
| Gross operating margin | 9900 | €51,919 | €88,976 | +€37,057 | +71.4% |
| Operating profit (loss) | 9901 | €21,919 | €55,949 | +€34,030 | +155% |
| Financial income | 75/76B | €496 | €1,273 | +€777 | +157% |
| Recurring financial income | 75 | €496 | €1,273 | +€777 | +157% |
| Financial charges | 65/66B | €14,199 | €9,407 | -€4,792 | -33.7% |
| Recurring financial charges | 65 | €14,199 | €9,407 | -€4,792 | -33.7% |
| Profit (loss) for the period before taxes | 9903 | €8,216 | €47,815 | +€39,599 | +482% |
| Income taxes | 67/77 | €14,088 | €21,255 | +€7,167 | +50.9% |
| Profit (loss) for the period | 9904 | -€5,872 | €26,560 | +€32,432 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,872 | €26,560 | +€32,432 |
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 26 October 2026 via checked.be.