FLANDERS INVEST PROJECTS: 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 INVEST PROJECTS
Largest movements
- Financial fixed assets -€77,689
down €77,689 (-100%), from €77,689 to €0
- Receivables after one year +€77,689
new in 2025: €77,689
- Receivables within one year -€15,218
down €15,218 (-88.3%), from €17,237 to €2,019
- Debts after one year -€13,266
down €13,266 (-100%), from €13,266 to €0
- Accrued charges and deferred income -€12,500
down €12,500 (-100%), from €12,500 to €0
- Other debts +€10,000
up €10,000, from €0 to €10,000
- Reserves +€6,296
up €6,296 (+5.8%), from €108,433 to €114,728
of which Distributable reserves: +€6,296
- Short-term financial debts -€4,004
down €4,004 (-80.2%), from €4,991 to €987
- Gross operating margin +€23,713
up €23,713, from -€5,247 to €18,467
- Financial charges -€544
down €544 (-24.0%), from €2,266 to €1,722
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €207,035 | €191,817 | -€15,218 | -7.4% |
| Fixed assets | 21/28 | €189,798 | €112,108 | -€77,689 | -40.9% |
| Intangible fixed assets | 21 | €112,108 | €112,108 | = | 0.0% |
| Financial fixed assets | 28 | €77,689 | €0 | -€77,689 | -100% |
| Current assets | 29/58 | €17,237 | €79,709 | +€62,472 | +362% |
| Amounts receivable after more than one year | 29 | - | €77,689 | +€77,689 | |
| Other amounts receivable | 291 | - | €77,689 | +€77,689 | |
| Amounts receivable within one year | 40/41 | €17,237 | €2,019 | -€15,218 | -88.3% |
| Other amounts receivable | 41 | €17,237 | €2,019 | -€15,218 | -88.3% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €207,035 | €191,817 | -€15,218 | -7.4% |
| Equity | 10/15 | €114,633 | €120,928 | +€6,296 | +5.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €108,433 | €114,728 | +€6,296 | +5.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €106,573 | €112,868 | +€6,296 | +5.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €92,402 | €70,889 | -€21,513 | -23.3% |
| Amounts payable after more than one year | 17 | €13,266 | €0 | -€13,266 | -100% |
| Financial debts | 170/4 | €13,266 | €0 | -€13,266 | -100% |
| Amounts payable within one year | 42/48 | €66,636 | €70,889 | +€4,253 | +6.4% |
| Current portion of amounts payable after more than one year | 42 | €15,229 | €13,266 | -€1,963 | -12.9% |
| Financial debts | 43 | €4,991 | €987 | -€4,004 | -80.2% |
| Credit institutions | 430/8 | €4,991 | €987 | -€4,004 | -80.2% |
| Trade debts | 44 | €43,936 | €41,075 | -€2,861 | -6.5% |
| Suppliers | 440/4 | €43,936 | €41,075 | -€2,861 | -6.5% |
| Taxes, remuneration and social security | 45 | €2,480 | €5,561 | +€3,081 | +124% |
| Taxes | 450/3 | €2,480 | €5,561 | +€3,081 | +124% |
| Other amounts payable | 47/48 | €0 | €10,000 | +€10,000 | |
| Accrued charges and deferred income | 492/3 | €12,500 | €0 | -€12,500 | -100% |
| Other operating charges | 640/8 | €126 | €128 | +€2 | +1.3% |
| Gross operating margin | 9900 | -€5,247 | €18,467 | +€23,713 | |
| Operating profit (loss) | 9901 | -€5,373 | €18,339 | +€23,712 | |
| Financial charges | 65/66B | €2,266 | €1,722 | -€544 | -24.0% |
| Recurring financial charges | 65 | €2,266 | €1,722 | -€544 | -24.0% |
| Profit (loss) for the period before taxes | 9903 | -€7,639 | €16,617 | +€24,256 | |
| Income taxes | 67/77 | €237 | €321 | +€84 | +35.7% |
| Profit (loss) for the period | 9904 | -€7,876 | €16,296 | +€24,172 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,876 | €16,296 | +€24,172 |
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 15 October 2026 via checked.be.