Flanders Leisure: 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 Leisure
Largest movements
- Cash +€9,032
up €9,032 (+64.0%), from €14,119 to €23,151
mainly Net result for the year (+€20,450) and Short-term financial debts (+€20,294)
- Receivables within one year +€6,536
up €6,536 (+4.3%), from €150,383 to €156,919
of which Trade receivables: +€6,547
- Trade debts -€22,903
down €22,903 (-34.1%), from €67,096 to €44,193
- Profit (loss) carried forward +€20,450
up €20,450 (+96.6%), from -€21,164 to -€714
- Short-term financial debts +€20,294
new in 2025: €20,294
- Debts after one year -€4,134
down €4,134 (-41.3%), from €9,999 to €5,865
- Gross operating margin +€56,217
up €56,217, from -€18,397 to €37,820
- Staff costs +€8,373
up €8,373 (+1,322%), from €634 to €9,007
- Other operating charges -€7,958
down €7,958 (-76.5%), from €10,401 to €2,443
- Depreciation -€425
down €425 (-12.9%), from €3,305 to €2,880
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 | €203,163 | €218,095 | +€14,932 | +7.3% |
| Fixed assets | 21/28 | €19,705 | €19,388 | -€316 | -1.6% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €19,049 | €18,733 | -€316 | -1.7% |
| Plant, machinery and equipment | 23 | €1,436 | €1,389 | -€47 | -3.3% |
| Other tangible fixed assets | 26 | €17,613 | €17,344 | -€269 | -1.5% |
| Financial fixed assets | 28 | €656 | €656 | = | 0.0% |
| Current assets | 29/58 | €183,459 | €198,707 | +€15,248 | +8.3% |
| Stocks and contracts in progress | 3 | €2,655 | €2,655 | = | 0.0% |
| Stocks | 30/36 | €2,655 | €2,655 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €150,383 | €156,919 | +€6,536 | +4.3% |
| Trade receivables | 40 | €147,150 | €153,697 | +€6,547 | +4.4% |
| Other amounts receivable | 41 | €3,233 | €3,222 | -€11 | -0.3% |
| Current investments | 50/53 | €12,600 | €12,600 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €14,119 | €23,151 | +€9,032 | +64.0% |
| Deferred charges and accrued income | 490/1 | €3,702 | €3,382 | -€319 | -8.6% |
| Total equity and liabilities | 10/49 | €203,163 | €218,095 | +€14,932 | +7.3% |
| Equity | 10/15 | €74,760 | €95,210 | +€20,450 | +27.4% |
| Contributions | 10/11 | €95,924 | €95,924 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,164 | -€714 | +€20,450 | +96.6% |
| Amounts payable | 17/49 | €128,403 | €122,885 | -€5,518 | -4.3% |
| Amounts payable after more than one year | 17 | €9,999 | €5,865 | -€4,134 | -41.3% |
| Financial debts | 170/4 | €9,999 | €5,865 | -€4,134 | -41.3% |
| Amounts payable within one year | 42/48 | €118,405 | €117,020 | -€1,385 | -1.2% |
| Current portion of amounts payable after more than one year | 42 | €3,919 | €4,134 | +€214 | +5.5% |
| Financial debts | 43 | - | €20,294 | +€20,294 | |
| Credit institutions | 430/8 | - | €20,294 | +€20,294 | |
| Trade debts | 44 | €67,096 | €44,193 | -€22,903 | -34.1% |
| Suppliers | 440/4 | €67,096 | €44,193 | -€22,903 | -34.1% |
| Advances received on contracts in progress | 46 | €776 | €776 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €7,569 | €8,580 | +€1,010 | +13.3% |
| Taxes | 450/3 | €7,569 | €6,953 | -€616 | -8.1% |
| Remuneration and social security | 454/9 | €0 | €1,627 | +€1,627 | |
| Other amounts payable | 47/48 | €39,045 | €39,045 | = | 0.0% |
| Non-recurring operating income | 76A | - | €4,628 | +€4,628 | |
| Remuneration, social security and pensions | 62 | €634 | €9,007 | +€8,373 | +1,322% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,305 | €2,880 | -€425 | -12.9% |
| Other operating charges | 640/8 | €10,401 | €2,443 | -€7,958 | -76.5% |
| Gross operating margin | 9900 | -€18,397 | €37,820 | +€56,217 | |
| Operating profit (loss) | 9901 | -€32,737 | €23,491 | +€56,227 | |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €2,611 | €2,914 | +€303 | +11.6% |
| Recurring financial charges | 65 | €2,611 | €2,914 | +€303 | +11.6% |
| Profit (loss) for the period before taxes | 9903 | -€35,348 | €20,577 | +€55,924 | |
| Income taxes | 67/77 | €0 | €126 | +€126 | |
| Profit (loss) for the period | 9904 | -€35,348 | €20,450 | +€55,798 | |
| Profit (loss) for the period to be appropriated | 9905 | -€35,348 | €20,450 | +€55,798 |
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 27 October 2026 via checked.be.