FLANDERS TRANS: what changed
Two fiscal 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 TRANS
Largest movements
- Cash -€41,363
down €41,363 (-38.7%), from €106,892 to €65,529
mainly Investment in fixed assets (net) (-€37,726) and Other debts (-€30,000)
- Tangible fixed assets +€30,437
up €30,437 (+108.6%), from €28,019 to €58,456
- Receivables within one year +€2,371
up €2,371 (+17.6%), from €13,499 to €15,870
- Reserves +€30,000
up €30,000 (+43.6%), from €68,768 to €98,768
- Other debts -€30,000
no longer reported in 2025 (was €30,000)
- Tax, wage and social debts -€9,653
down €9,653 (-61.7%), from €15,633 to €5,980
of which Taxes: -€9,969
- Gross operating margin +€8,520
up €8,520 (+19.9%), from €42,865 to €51,385
- Other operating charges -€1,673
down €1,673 (-51.6%), from €3,242 to €1,569
- Taxes -€631
down €631 (-5.1%), from €12,479 to €11,848
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.
Cash bridge derived
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 | €148,796 | €139,855 | -€8,941 | -6.0% |
| Fixed assets | 21/28 | €28,019 | €58,456 | +€30,437 | +108.6% |
| Tangible fixed assets | 22/27 | €28,019 | €58,456 | +€30,437 | +108.6% |
| Furniture and vehicles | 24 | €28,019 | €58,456 | +€30,437 | +108.6% |
| Current assets | 29/58 | €120,777 | €81,399 | -€39,378 | -32.6% |
| Amounts receivable within one year | 40/41 | €13,499 | €15,870 | +€2,371 | +17.6% |
| Trade receivables | 40 | €13,499 | €15,870 | +€2,371 | +17.6% |
| Cash at bank and in hand | 54/58 | €106,892 | €65,529 | -€41,363 | -38.7% |
| Deferred charges and accrued income | 490/1 | €386 | - | -€386 | |
| Total equity and liabilities | 10/49 | €148,796 | €139,855 | -€8,941 | -6.0% |
| Equity | 10/15 | €98,439 | €129,330 | +€30,891 | +31.4% |
| Contributions | 10/11 | €19,831 | €19,831 | = | 0.0% |
| Reserves | 13 | €68,768 | €98,768 | +€30,000 | +43.6% |
| Distributable reserves | 133 | €68,768 | €98,768 | +€30,000 | +43.6% |
| Profit (loss) carried forward | 14 | €9,840 | €10,731 | +€891 | +9.1% |
| Amounts payable | 17/49 | €50,357 | €10,525 | -€39,832 | -79.1% |
| Amounts payable within one year | 42/48 | €50,357 | €9,570 | -€40,787 | -81.0% |
| Trade debts | 44 | €4,724 | €3,590 | -€1,134 | -24.0% |
| Suppliers | 440/4 | €4,724 | €3,590 | -€1,134 | -24.0% |
| Taxes, remuneration and social security | 45 | €15,633 | €5,980 | -€9,653 | -61.7% |
| Taxes | 450/3 | €15,591 | €5,622 | -€9,969 | -63.9% |
| Remuneration and social security | 454/9 | €42 | €358 | +€316 | +752.4% |
| Other amounts payable | 47/48 | €30,000 | - | -€30,000 | |
| Accrued charges and deferred income | 492/3 | - | €955 | +€955 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,981 | €7,289 | +€308 | +4.4% |
| Other operating charges | 640/8 | €3,242 | €1,569 | -€1,673 | -51.6% |
| Gross operating margin | 9900 | €42,865 | €51,385 | +€8,520 | +19.9% |
| Operating profit (loss) | 9901 | €32,642 | €42,527 | +€9,885 | +30.3% |
| Financial income | 75/76B | €163 | €402 | +€239 | +146.6% |
| Recurring financial income | 75 | €163 | €402 | +€239 | +146.6% |
| Financial charges | 65/66B | €262 | €190 | -€72 | -27.5% |
| Recurring financial charges | 65 | €262 | €190 | -€72 | -27.5% |
| Profit (loss) for the period before taxes | 9903 | €32,543 | €42,739 | +€10,196 | +31.3% |
| Income taxes | 67/77 | €12,479 | €11,848 | -€631 | -5.1% |
| Profit (loss) for the period | 9904 | €20,064 | €30,891 | +€10,827 | +54.0% |
| Profit (loss) for the period to be appropriated | 9905 | €20,064 | €30,891 | +€10,827 | +54.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.