FLANDERSIT SERVICES: 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.
FLANDERSIT SERVICES
Largest movements
- Receivables within one year -€47,890
down €47,890 (-69.8%), from €68,591 to €20,701
of which Trade receivables: -€55,955
- Cash +€39,753
up €39,753 (+74.9%), from €53,100 to €92,852
mainly Receivables within one year (+€47,890) and Net result for the year (+€26,346)
- Current investments +€30,393
new in 2025: €30,393
- Tangible fixed assets +€4,304
up €4,304 (+20.1%), from €21,417 to €25,722
of which Land and buildings: +€3,263
- Deferred charges and accrued income +€3,906
up €3,906 (+62.7%), from €6,233 to €10,139
- Other debts +€22,685
up €22,685 (+682%), from €3,325 to €26,010
- Tax, wage and social debts +€15,899
up €15,899 (+41.1%), from €38,724 to €54,622
of which Remuneration and social security: +€9,283
- Reserves -€8,277
down €8,277 (-9.1%), from €91,100 to €82,823
- Gross operating margin +€17,515
up €17,515 (+7.0%), from €248,684 to €266,199
- Staff costs +€16,052
up €16,052 (+7.9%), from €203,360 to €219,412
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 | €149,342 | €179,808 | +€30,466 | +20.4% |
| Fixed assets | 21/28 | €21,417 | €25,722 | +€4,304 | +20.1% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €21,417 | €25,722 | +€4,304 | +20.1% |
| Land and buildings | 22 | €11,179 | €14,442 | +€3,263 | +29.2% |
| Plant, machinery and equipment | 23 | €1,324 | €3,465 | +€2,140 | +162% |
| Furniture and vehicles | 24 | €8,914 | €7,815 | -€1,099 | -12.3% |
| Current assets | 29/58 | €127,925 | €154,086 | +€26,161 | +20.5% |
| Amounts receivable within one year | 40/41 | €68,591 | €20,701 | -€47,890 | -69.8% |
| Trade receivables | 40 | €68,265 | €12,310 | -€55,955 | -82.0% |
| Other amounts receivable | 41 | €327 | €8,391 | +€8,065 | +2,468% |
| Current investments | 50/53 | - | €30,393 | +€30,393 | |
| Cash at bank and in hand | 54/58 | €53,100 | €92,852 | +€39,753 | +74.9% |
| Deferred charges and accrued income | 490/1 | €6,233 | €10,139 | +€3,906 | +62.7% |
| Total equity and liabilities | 10/49 | €149,342 | €179,808 | +€30,466 | +20.4% |
| Equity | 10/15 | €92,478 | €83,823 | -€8,654 | -9.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €91,100 | €82,823 | -€8,277 | -9.1% |
| Distributable reserves | 133 | €91,100 | €82,823 | -€8,277 | -9.1% |
| Profit (loss) carried forward | 14 | €378 | €0 | -€378 | -100% |
| Amounts payable | 17/49 | €56,864 | €95,984 | +€39,120 | +68.8% |
| Amounts payable within one year | 42/48 | €56,864 | €95,984 | +€39,120 | +68.8% |
| Financial debts | 43 | €444 | €1,686 | +€1,242 | +279% |
| Credit institutions | 430/8 | €444 | €1,686 | +€1,242 | +279% |
| Trade debts | 44 | €14,371 | €13,665 | -€706 | -4.9% |
| Suppliers | 440/4 | €14,371 | €13,665 | -€706 | -4.9% |
| Taxes, remuneration and social security | 45 | €38,724 | €54,622 | +€15,899 | +41.1% |
| Taxes | 450/3 | €17,181 | €23,796 | +€6,616 | +38.5% |
| Remuneration and social security | 454/9 | €21,543 | €30,826 | +€9,283 | +43.1% |
| Other amounts payable | 47/48 | €3,325 | €26,010 | +€22,685 | +682% |
| Remuneration, social security and pensions | 62 | €203,360 | €219,412 | +€16,052 | +7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,938 | €4,024 | +€1,085 | +36.9% |
| Other operating charges | 640/8 | €3,394 | €4,473 | +€1,079 | +31.8% |
| Gross operating margin | 9900 | €248,684 | €266,199 | +€17,515 | +7.0% |
| Operating profit (loss) | 9901 | €38,991 | €38,289 | -€702 | -1.8% |
| Financial income | 75/76B | €13 | €423 | +€410 | +3,189% |
| Recurring financial income | 75 | €13 | €423 | +€410 | +3,189% |
| Financial charges | 65/66B | €789 | €886 | +€97 | +12.2% |
| Recurring financial charges | 65 | €789 | €886 | +€97 | +12.2% |
| Profit (loss) for the period before taxes | 9903 | €38,215 | €37,827 | -€388 | -1.0% |
| Income taxes | 67/77 | €12,358 | €11,481 | -€877 | -7.1% |
| Profit (loss) for the period | 9904 | €25,857 | €26,346 | +€489 | +1.9% |
| Profit (loss) for the period to be appropriated | 9905 | €25,857 | €26,346 | +€489 | +1.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.