FLANDERS-GHENT DEVELOPMENT GROUP: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
FLANDERS-GHENT DEVELOPMENT GROUP
Largest movements
- Current assets +€12,885
up €12,885 (+4.3%), from €302,177 to €315,062
of which Cash: +€24,159
- Debts +€43,596
up €43,596 (+21.7%), from €200,540 to €244,136
- Equity -€30,710
down €30,710 (-30.2%), from €101,637 to €70,926
- Gross operating margin -€53,012
down €53,012, from €14,139 to -€38,874
Change in the result, 2008 to 2009
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2008 | 2009 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €302,177 | €315,062 | +€12,885 | +4.3% |
| Current assets | 29/58 | €302,177 | €315,062 | +€12,885 | +4.3% |
| Amounts receivable within one year | 40/41 | €289,622 | €234,483 | -€55,139 | -19.0% |
| Cash at bank and in hand | 54/58 | €10,755 | €34,914 | +€24,159 | +225% |
| Total equity and liabilities | 10/49 | €302,177 | €315,062 | +€12,885 | +4.3% |
| Equity | 10/15 | €101,637 | €70,926 | -€30,710 | -30.2% |
| Amounts payable | 17/49 | €200,540 | €244,136 | +€43,596 | +21.7% |
| Amounts payable within one year | 42/48 | €136,840 | €184,136 | +€47,296 | +34.6% |
| Trade debts | 44 | €68,260 | €163,848 | +€95,587 | +140% |
| Gross operating margin | 9900 | €14,139 | -€38,874 | -€53,012 | |
| Operating profit (loss) | 9901 | €24,062 | -€30,657 | -€54,719 | |
| Recurring financial income | 75 | €608 | - | -€608 | |
| Recurring financial charges | 65 | €161 | €53 | -€108 | -66.8% |
| Profit (loss) for the period before taxes | 9903 | €24,510 | -€30,710 | -€55,220 | |
| Profit (loss) for the period | 9904 | €24,510 | -€30,710 | -€55,220 |
Source: filed annual accounts (NBB), financial years ended 31 December 2008 and 31 December 2009. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.