FLANDERS TAPESTRIES: 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 TAPESTRIES
Largest movements
- Cash -€182,066
down €182,066 (-51.6%), from €352,566 to €170,501
mainly Net result for the year (-€116,330) and Debts after one year (-€40,336)
- Stocks and contracts +€40,131
up €40,131 (+11.6%), from €347,430 to €387,561
- Tangible fixed assets -€33,943
down €33,943 (-7.6%), from €444,435 to €410,492
of which Leasing and similar rights: -€24,206
- Receivables within one year +€30,032
up €30,032 (+65.5%), from €45,870 to €75,901
of which Other amounts receivable: +€19,065
- Profit (loss) carried forward -€116,330
down €116,330 (-27.4%), from €424,700 to €308,370
- Debts after one year -€40,336
down €40,336 (-31.5%), from €127,962 to €87,626
- Other debts +€24,728
up €24,728 (+64.2%), from €38,535 to €63,262
- Gross operating margin -€261,840
down €261,840 (-90.0%), from €291,076 to €29,236
- Taxes -€37,949
down €37,949 (-98.2%), from €38,650 to €702
- Write-downs -€23,662
down €23,662, from €20,800 to -€2,862
- Depreciation +€9,497
up €9,497 (+17.2%), from €55,297 to €64,795
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 | €1,237,240 | €1,103,733 | -€133,507 | -10.8% |
| Fixed assets | 21/28 | €444,485 | €410,542 | -€33,943 | -7.6% |
| Tangible fixed assets | 22/27 | €444,435 | €410,492 | -€33,943 | -7.6% |
| Land and buildings | 22 | €226,577 | €232,970 | +€6,393 | +2.8% |
| Plant, machinery and equipment | 23 | €7,279 | €5,979 | -€1,300 | -17.9% |
| Furniture and vehicles | 24 | €89,550 | €74,719 | -€14,830 | -16.6% |
| Leasing and similar rights | 25 | €121,030 | €96,824 | -€24,206 | -20.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €792,755 | €693,191 | -€99,564 | -12.6% |
| Stocks and contracts in progress | 3 | €347,430 | €387,561 | +€40,131 | +11.6% |
| Stocks | 30/36 | €347,430 | €387,561 | +€40,131 | +11.6% |
| Amounts receivable within one year | 40/41 | €45,870 | €75,901 | +€30,032 | +65.5% |
| Trade receivables | 40 | €23,582 | €34,549 | +€10,967 | +46.5% |
| Other amounts receivable | 41 | €22,288 | €41,353 | +€19,065 | +85.5% |
| Current investments | 50/53 | €46,600 | €46,600 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €352,566 | €170,501 | -€182,066 | -51.6% |
| Deferred charges and accrued income | 490/1 | €289 | €12,628 | +€12,339 | +4,275% |
| Total equity and liabilities | 10/49 | €1,237,240 | €1,103,733 | -€133,507 | -10.8% |
| Equity | 10/15 | €979,395 | €863,064 | -€116,330 | -11.9% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €535,695 | €535,695 | = | 0.0% |
| Non-distributable reserves | 130/1 | €46,600 | €46,600 | = | 0.0% |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Own shares acquired | 1312 | €46,600 | €46,600 | = | 0.0% |
| Tax-exempt reserves | 132 | €203 | €203 | = | 0.0% |
| Distributable reserves | 133 | €488,891 | €488,891 | = | 0.0% |
| Profit (loss) carried forward | 14 | €424,700 | €308,370 | -€116,330 | -27.4% |
| Amounts payable | 17/49 | €257,845 | €240,669 | -€17,177 | -6.7% |
| Amounts payable after more than one year | 17 | €127,962 | €87,626 | -€40,336 | -31.5% |
| Financial debts | 170/4 | €127,962 | €87,626 | -€40,336 | -31.5% |
| Amounts payable within one year | 42/48 | €129,883 | €153,043 | +€23,159 | +17.8% |
| Current portion of amounts payable after more than one year | 42 | €39,790 | €40,336 | +€546 | +1.4% |
| Trade debts | 44 | €29,873 | €21,703 | -€8,170 | -27.3% |
| Suppliers | 440/4 | €29,873 | €21,703 | -€8,170 | -27.3% |
| Advances received on contracts in progress | 46 | - | €85 | +€85 | |
| Taxes, remuneration and social security | 45 | €21,686 | €27,656 | +€5,970 | +27.5% |
| Taxes | 450/3 | €1,378 | €12,241 | +€10,863 | +788% |
| Remuneration and social security | 454/9 | €20,308 | €15,415 | -€4,893 | -24.1% |
| Other amounts payable | 47/48 | €38,535 | €63,262 | +€24,728 | +64.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €3,769 | €0 | -€3,769 | -100% |
| Remuneration, social security and pensions | 62 | €71,732 | €69,586 | -€2,146 | -3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,297 | €64,795 | +€9,497 | +17.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €20,800 | -€2,862 | -€23,662 | |
| Other operating charges | 640/8 | €9,634 | €8,545 | -€1,088 | -11.3% |
| Gross operating margin | 9900 | €291,076 | €29,236 | -€261,840 | -90.0% |
| Operating profit (loss) | 9901 | €133,612 | -€110,829 | -€244,441 | |
| Financial income | 75/76B | €1,376 | €2,730 | +€1,354 | +98.4% |
| Recurring financial income | 75 | €1,376 | €2,730 | +€1,354 | +98.4% |
| Financial charges | 65/66B | €7,772 | €7,530 | -€242 | -3.1% |
| Recurring financial charges | 65 | €7,772 | €7,530 | -€242 | -3.1% |
| Profit (loss) for the period before taxes | 9903 | €127,216 | -€115,629 | -€242,845 | |
| Income taxes | 67/77 | €38,650 | €702 | -€37,949 | -98.2% |
| Profit (loss) for the period | 9904 | €88,566 | -€116,330 | -€204,896 | |
| Profit (loss) for the period to be appropriated | 9905 | €88,566 | -€116,330 | -€204,896 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.