FLANDRIA RENT: what changed
What changed
FLANDRIA RENT
NACE 77.392, Rental and leasing activities
filed annual accounts (NBB)
Net result for the year
€102,240
2024 · €2,768+€99,472
Equity
€188,352
2024 · €86,111+€102,240
Cash
€25,559
2024 · €30,634-€5,075
Balance sheet total
€1.3m
2024 · €1.4m-€105,391
Largest movements
Assets
- Receivables after one year -€350,598
down €350,598 (-41.7%), from €840,000 to €489,402
- Receivables within one year +€153,925
up €153,925 (+71.6%), from €215,032 to €368,957
of which Trade receivables: +€138,763
- Stocks and contracts +€115,000
up €115,000 (+80.9%), from €142,183 to €257,183
- Deferred charges and accrued income -€26,924
down €26,924 (-98.0%), from €27,484 to €560
Equity and liabilities
- Trade debts -€290,001
down €290,001 (-37.1%), from €780,736 to €490,735
- Profit (loss) carried forward +€102,355
up €102,355 (+40.8%), from -€250,991 to -€148,636
- Tax, wage and social debts +€79,882
up €79,882 (+317%), from €25,195 to €105,077
of which Taxes: +€65,778
Income statement
- Gross operating margin +€171,171
up €171,171 (+133%), from €128,478 to €299,648
- Staff costs +€42,773
up €42,773 (+287%), from €14,915 to €57,688
- Taxes +€31,735
up €31,735 (+277%), from €11,438 to €43,173
- Financial charges +€12,397
up €12,397 (+20.9%), from €59,275 to €71,672
- Depreciation +€9,524
up €9,524 (+35.3%), from €26,962 to €36,485
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€2,768
Gross operating margin
+€171,171
Staff costs
-€42,773
Depreciation
-€9,524
Other operating charges
+€1,451
Other operating items
+€30,023
Financial income
-€6,743
Financial charges
-€12,397
Taxes
-€31,735
Result 2025
€102,240
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€30,370
Investment
-€44,766
Financing
+€9,320
Cash 2024
€30,634
From operations (derived)
+€30,370
Net result for the year
+€102,240
Depreciation
+€36,485
Receivables after one year
+€350,598
Stocks and contracts
-€115,000
Receivables within one year
-€153,925
Deferred charges and accrued income
+€26,924
Smaller working-capital items
+€156
Trade debts
-€290,001
Tax, wage and social debts
+€79,882
Other debts
-€6,989
Investment (derived)
-€44,766
Investment in fixed assets (net)
-€44,766
Financing
+€9,320
Short-term financial debts
+€9,320
Cash 2025
€25,559
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,402,092 | €1,296,700 | -€105,391 | -7.5% |
| Fixed assets | 21/28 | €146,758 | €155,039 | +€8,280 | +5.6% |
| Tangible fixed assets | 22/27 | €146,258 | €154,539 | +€8,280 | +5.7% |
| Land and buildings | 22 | €33,200 | €31,600 | -€1,600 | -4.8% |
| Plant, machinery and equipment | 23 | €89,411 | €105,456 | +€16,045 | +17.9% |
| Furniture and vehicles | 24 | €23,647 | €17,483 | -€6,164 | -26.1% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €1,255,333 | €1,141,662 | -€113,672 | -9.1% |
| Amounts receivable after more than one year | 29 | €840,000 | €489,402 | -€350,598 | -41.7% |
| Other amounts receivable | 291 | €840,000 | €489,402 | -€350,598 | -41.7% |
| Stocks and contracts in progress | 3 | €142,183 | €257,183 | +€115,000 | +80.9% |
| Stocks | 30/36 | €142,183 | €257,183 | +€115,000 | +80.9% |
| Amounts receivable within one year | 40/41 | €215,032 | €368,957 | +€153,925 | +71.6% |
| Trade receivables | 40 | €84,448 | €223,210 | +€138,763 | +164% |
| Other amounts receivable | 41 | €130,584 | €145,747 | +€15,162 | +11.6% |
| Cash at bank and in hand | 54/58 | €30,634 | €25,559 | -€5,075 | -16.6% |
| Deferred charges and accrued income | 490/1 | €27,484 | €560 | -€26,924 | -98.0% |
| Total equity and liabilities | 10/49 | €1,402,092 | €1,296,700 | -€105,391 | -7.5% |
| Equity | 10/15 | €86,111 | €188,352 | +€102,240 | +119% |
| Contributions | 10/11 | €260,000 | €260,000 | = | 0.0% |
| Capital | 10 | €260,000 | €260,000 | = | 0.0% |
| Issued capital | 100 | €260,000 | €260,000 | = | 0.0% |
| Reserves | 13 | €77,102 | €76,987 | -€114 | -0.1% |
| Non-distributable reserves | 130/1 | €20,623 | €20,623 | = | 0.0% |
| Legal reserve | 130 | €20,623 | €20,623 | = | 0.0% |
| Tax-exempt reserves | 132 | €56,479 | €56,364 | -€114 | -0.2% |
| Profit (loss) carried forward | 14 | -€250,991 | -€148,636 | +€102,355 | +40.8% |
| Provisions and deferred taxes | 16 | €118 | €59 | -€59 | -50.0% |
| Deferred taxes | 168 | €118 | €59 | -€59 | -50.0% |
| Amounts payable | 17/49 | €1,315,863 | €1,108,290 | -€207,573 | -15.8% |
| Amounts payable after more than one year | 17 | €9,000 | €9,000 | = | 0.0% |
| Financial debts | 170/4 | €9,000 | €9,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,306,863 | €1,099,074 | -€207,788 | -15.9% |
| Current portion of amounts payable after more than one year | 42 | €8,680 | €8,680 | = | 0.0% |
| Financial debts | 43 | €3,516 | €12,836 | +€9,320 | +265% |
| Credit institutions | 430/8 | €3,516 | €12,836 | +€9,320 | +265% |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €780,736 | €490,735 | -€290,001 | -37.1% |
| Suppliers | 440/4 | €780,736 | €490,735 | -€290,001 | -37.1% |
| Taxes, remuneration and social security | 45 | €25,195 | €105,077 | +€79,882 | +317% |
| Taxes | 450/3 | €24,537 | €90,315 | +€65,778 | +268% |
| Remuneration and social security | 454/9 | €659 | €14,763 | +€14,104 | +2,142% |
| Other amounts payable | 47/48 | €488,736 | €481,747 | -€6,989 | -1.4% |
| Accrued charges and deferred income | 492/3 | €0 | €215 | +€215 | |
| Non-recurring operating income | 76A | €0 | €48,000 | +€48,000 | |
| Remuneration, social security and pensions | 62 | €14,915 | €57,688 | +€42,773 | +287% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,962 | €36,485 | +€9,524 | +35.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €14,247 | €12,796 | -€1,451 | -10.2% |
| Non-recurring operating charges | 66A | €30,436 | €413 | -€30,023 | -98.6% |
| Gross operating margin | 9900 | €128,478 | €299,648 | +€171,171 | +133% |
| Operating profit (loss) | 9901 | €41,918 | €192,265 | +€150,347 | +359% |
| Financial income | 75/76B | €31,505 | €24,762 | -€6,743 | -21.4% |
| Recurring financial income | 75 | €31,505 | €24,762 | -€6,743 | -21.4% |
| Financial charges | 65/66B | €59,275 | €71,672 | +€12,397 | +20.9% |
| Recurring financial charges | 65 | €59,275 | €71,672 | +€12,397 | +20.9% |
| Profit (loss) for the period before taxes | 9903 | €14,147 | €145,355 | +€131,207 | +927% |
| Transfer from deferred taxes | 780 | €59 | €59 | = | 0.0% |
| Income taxes | 67/77 | €11,438 | €43,173 | +€31,735 | +277% |
| Profit (loss) for the period | 9904 | €2,768 | €102,240 | +€99,472 | +3,593% |
| Transfer from tax-exempt reserves | 789 | €114 | €114 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,883 | €102,355 | +€99,472 | +3,450% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.