FLANDERS' TRIMMINGS: 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' TRIMMINGS
Largest movements
- Receivables within one year +€439,244
up €439,244 (+263%), from €167,151 to €606,395
of which Other amounts receivable: +€470,100
- Cash -€334,442
down €334,442 (-77.8%), from €429,876 to €95,434
mainly Receivables within one year (-€439,244) and Trade debts (-€44,585)
- Stocks and contracts -€8,591
down €8,591 (-16.6%), from €51,684 to €43,093
- Profit (loss) carried forward +€130,532
up €130,532, from -€27,312 to €103,220
- Trade debts -€44,585
down €44,585 (-95.0%), from €46,925 to €2,340
- Gross operating margin -€143,305
down €143,305 (-48.4%), from €296,189 to €152,884
- Staff costs +€22,603
up €22,603 (+96.1%), from €23,511 to €46,114
- Financial income +€14,604
up €14,604 (+148%), from €9,869 to €24,473
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 | €650,144 | €745,113 | +€94,970 | +14.6% |
| Current assets | 29/58 | €650,144 | €745,113 | +€94,970 | +14.6% |
| Stocks and contracts in progress | 3 | €51,684 | €43,093 | -€8,591 | -16.6% |
| Stocks | 30/36 | €51,684 | €43,093 | -€8,591 | -16.6% |
| Amounts receivable within one year | 40/41 | €167,151 | €606,395 | +€439,244 | +263% |
| Trade receivables | 40 | €65,509 | €34,653 | -€30,857 | -47.1% |
| Other amounts receivable | 41 | €101,642 | €571,742 | +€470,100 | +463% |
| Cash at bank and in hand | 54/58 | €429,876 | €95,434 | -€334,442 | -77.8% |
| Deferred charges and accrued income | 490/1 | €1,432 | €191 | -€1,241 | -86.6% |
| Total equity and liabilities | 10/49 | €650,144 | €745,113 | +€94,970 | +14.6% |
| Equity | 10/15 | €601,104 | €731,635 | +€130,532 | +21.7% |
| Contributions | 10/11 | €423,850 | €423,850 | = | 0.0% |
| Reserves | 13 | €204,566 | €204,566 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €53,356 | €53,356 | = | 0.0% |
| Distributable reserves | 133 | €151,210 | €151,210 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,312 | €103,220 | +€130,532 | |
| Amounts payable | 17/49 | €49,040 | €13,478 | -€35,562 | -72.5% |
| Amounts payable within one year | 42/48 | €49,040 | €10,054 | -€38,985 | -79.5% |
| Trade debts | 44 | €46,925 | €2,340 | -€44,585 | -95.0% |
| Suppliers | 440/4 | €46,925 | €2,340 | -€44,585 | -95.0% |
| Taxes, remuneration and social security | 45 | €800 | €7,714 | +€6,914 | +864% |
| Taxes | 450/3 | €0 | €187 | +€187 | |
| Remuneration and social security | 454/9 | €800 | €7,527 | +€6,727 | +841% |
| Other amounts payable | 47/48 | €1,315 | €0 | -€1,315 | -100% |
| Accrued charges and deferred income | 492/3 | €0 | €3,424 | +€3,424 | |
| Remuneration, social security and pensions | 62 | €23,511 | €46,114 | +€22,603 | +96.1% |
| Other operating charges | 640/8 | €700 | €656 | -€45 | -6.4% |
| Gross operating margin | 9900 | €296,189 | €152,884 | -€143,305 | -48.4% |
| Operating profit (loss) | 9901 | €271,977 | €106,114 | -€165,863 | -61.0% |
| Financial income | 75/76B | €9,869 | €24,473 | +€14,604 | +148% |
| Recurring financial income | 75 | €9,869 | €24,473 | +€14,604 | +148% |
| Financial charges | 65/66B | €44 | €55 | +€11 | +25.4% |
| Recurring financial charges | 65 | €44 | €55 | +€11 | +25.4% |
| Profit (loss) for the period before taxes | 9903 | €281,802 | €130,532 | -€151,271 | -53.7% |
| Profit (loss) for the period | 9904 | €281,802 | €130,532 | -€151,271 | -53.7% |
| Profit (loss) for the period to be appropriated | 9905 | €281,802 | €130,532 | -€151,271 | -53.7% |
Source: filed annual accounts (NBB), financial years ended 31 October 2024 and 31 October 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.