FLANDERS RETAIL CONCEPTS: 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 RETAIL CONCEPTS
Largest movements
- Tangible fixed assets -€152,343
down €152,343 (-78.1%), from €195,047 to €42,704
- Cash +€26,089
up €26,089 (+96.0%), from €27,187 to €53,276
mainly Investment in fixed assets (net) (+€138,048) and Net result for the year (+€30,101)
- Stocks and contracts -€12,200
down €12,200 (-100%), from €12,200 to €0
- Intangible fixed assets -€3,000
down €3,000 (-100%), from €3,000 to €0
- Receivables within one year +€2,819
up €2,819 (+442%), from €638 to €3,457
of which Trade receivables: +€1,858
- Debts after one year -€60,906
down €60,906 (-38.7%), from €157,406 to €96,500
- Trade debts -€43,834
down €43,834 (-96.6%), from €45,379 to €1,545
- Tax, wage and social debts -€37,402
down €37,402 (-98.8%), from €37,856 to €454
of which Remuneration and social security: -€21,723
- Profit (loss) carried forward +€30,101
up €30,101 (+21.5%), from -€139,962 to -€109,861
- Current portion of long-term debt -€21,062
down €21,062 (-100%), from €21,062 to €0
- Staff costs -€149,010
down €149,010 (-69.1%), from €215,505 to €66,495
- Gross operating margin -€84,335
down €84,335 (-37.4%), from €225,447 to €141,112
- Depreciation -€36,770
down €36,770 (-68.0%), from €54,065 to €17,296
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 | €241,842 | €102,225 | -€139,618 | -57.7% |
| Fixed assets | 21/28 | €198,677 | €43,334 | -€155,343 | -78.2% |
| Intangible fixed assets | 21 | €3,000 | €0 | -€3,000 | -100% |
| Tangible fixed assets | 22/27 | €195,047 | €42,704 | -€152,343 | -78.1% |
| Plant, machinery and equipment | 23 | €60,964 | €417 | -€60,548 | -99.3% |
| Furniture and vehicles | 24 | €71,318 | €42,287 | -€29,031 | -40.7% |
| Leasing and similar rights | 25 | €1,736 | €0 | -€1,736 | -100% |
| Other tangible fixed assets | 26 | €61,029 | €0 | -€61,029 | -100% |
| Financial fixed assets | 28 | €630 | €630 | = | 0.0% |
| Current assets | 29/58 | €43,165 | €58,891 | +€15,726 | +36.4% |
| Stocks and contracts in progress | 3 | €12,200 | €0 | -€12,200 | -100% |
| Stocks | 30/36 | €12,200 | €0 | -€12,200 | -100% |
| Amounts receivable within one year | 40/41 | €638 | €3,457 | +€2,819 | +442% |
| Trade receivables | 40 | €236 | €2,094 | +€1,858 | +788% |
| Other amounts receivable | 41 | €402 | €1,363 | +€961 | +239% |
| Cash at bank and in hand | 54/58 | €27,187 | €53,276 | +€26,089 | +96.0% |
| Deferred charges and accrued income | 490/1 | €3,140 | €2,158 | -€982 | -31.3% |
| Total equity and liabilities | 10/49 | €241,842 | €102,225 | -€139,618 | -57.7% |
| Equity | 10/15 | -€51,200 | -€21,100 | +€30,101 | +58.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €70,161 | €70,161 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €68,301 | €68,301 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€139,962 | -€109,861 | +€30,101 | +21.5% |
| Amounts payable | 17/49 | €293,043 | €123,324 | -€169,718 | -57.9% |
| Amounts payable after more than one year | 17 | €157,406 | €96,500 | -€60,906 | -38.7% |
| Financial debts | 170/4 | €157,406 | €96,500 | -€60,906 | -38.7% |
| Amounts payable within one year | 42/48 | €126,970 | €13,193 | -€113,777 | -89.6% |
| Current portion of amounts payable after more than one year | 42 | €21,062 | €0 | -€21,062 | -100% |
| Trade debts | 44 | €45,379 | €1,545 | -€43,834 | -96.6% |
| Suppliers | 440/4 | €45,379 | €1,545 | -€43,834 | -96.6% |
| Taxes, remuneration and social security | 45 | €37,856 | €454 | -€37,402 | -98.8% |
| Taxes | 450/3 | €16,133 | €454 | -€15,679 | -97.2% |
| Remuneration and social security | 454/9 | €21,723 | €0 | -€21,723 | -100% |
| Other amounts payable | 47/48 | €22,673 | €11,194 | -€11,479 | -50.6% |
| Accrued charges and deferred income | 492/3 | €8,667 | €13,631 | +€4,964 | +57.3% |
| Remuneration, social security and pensions | 62 | €215,505 | €66,495 | -€149,010 | -69.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,065 | €17,296 | -€36,770 | -68.0% |
| Other operating charges | 640/8 | €3,205 | €3,128 | -€77 | -2.4% |
| Gross operating margin | 9900 | €225,447 | €141,112 | -€84,335 | -37.4% |
| Operating profit (loss) | 9901 | -€47,328 | €54,193 | +€101,521 | |
| Financial income | 75/76B | €0 | €107 | +€107 | |
| Recurring financial income | 75 | €0 | €107 | +€107 | |
| Financial charges | 65/66B | €22,821 | €23,984 | +€1,163 | +5.1% |
| Recurring financial charges | 65 | €22,821 | €23,984 | +€1,163 | +5.1% |
| Profit (loss) for the period before taxes | 9903 | -€70,149 | €30,316 | +€100,465 | |
| Income taxes | 67/77 | €237 | €215 | -€21 | -9.0% |
| Profit (loss) for the period | 9904 | -€70,385 | €30,101 | +€100,486 | |
| Profit (loss) for the period to be appropriated | 9905 | -€70,385 | €30,101 | +€100,486 |
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.