FLANDRIALYS: 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.
What changed
FLANDRIALYS
financial year 2025 compared with 2024not consecutivefiled annual accounts (NBB)
Net result for the year
€1.2m
2024 · -€27,562+€1.2m
Equity
€23.2m
2024 · €23.2m-€46,578
Cash
€50,093
2024 · €755,192-€705,098
Balance sheet total
€23.2m
2024 · €23.9m-€705,098
Largest movements
Assets
- Cash -€705,098
down €705,098 (-93.4%), from €755,192 to €50,093
Equity and liabilities
- Current portion of long-term debt -€672,857
down €672,857 (-100%), from €672,857 to €0
Income statement
- Financial income +€1.2m
up €1.2m, from €0 to €1.2m
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.
Result 2024
-€27,562
Other operating charges
-€50
Other operating items
+€11,923
Financial income
+€1.2m
Financial charges
+€9,352
Result 2025
€1.2m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €23,905,867 | €23,200,768 | -€705,098 | -2.9% |
| Fixed assets | 21/28 | €23,150,675 | €23,150,675 | = | 0.0% |
| Financial fixed assets | 28 | €23,150,675 | €23,150,675 | = | 0.0% |
| Affiliated companies | 280/1 | €23,150,675 | €23,150,675 | = | 0.0% |
| Participating interests | 280 | €23,150,675 | €23,150,675 | = | 0.0% |
| Current assets | 29/58 | €755,192 | €50,093 | -€705,098 | -93.4% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €755,192 | €50,093 | -€705,098 | -93.4% |
| Total equity and liabilities | 10/49 | €23,905,867 | €23,200,768 | -€705,098 | -2.9% |
| Equity | 10/15 | €23,233,009 | €23,186,431 | -€46,578 | -0.2% |
| Contributions | 10/11 | €10,175,643 | €10,175,643 | = | 0.0% |
| Reserves | 13 | €1,305,620 | €1,305,620 | = | 0.0% |
| Distributable reserves | 133 | €1,305,620 | €1,305,620 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,751,746 | €11,705,168 | -€46,578 | -0.4% |
| Amounts payable | 17/49 | €672,858 | €14,337 | -€658,521 | -97.9% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Credit institutions | 173 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €672,858 | €14,337 | -€658,521 | -97.9% |
| Current portion of amounts payable after more than one year | 42 | €672,857 | €0 | -€672,857 | -100% |
| Financial debts | 43 | €1 | €18 | +€17 | +2,468% |
| Credit institutions | 430/8 | €1 | €18 | +€17 | +2,468% |
| Trade debts | 44 | - | €1,645 | +€1,645 | |
| Suppliers | 440/4 | - | €1,645 | +€1,645 | |
| Other amounts payable | 47/48 | €0 | €12,675 | +€12,675 | |
| Operating charges | 60/66A | €16,180 | €4,308 | -€11,873 | -73.4% |
| Services and other goods | 61 | €16,180 | €4,258 | -€11,923 | -73.7% |
| Other operating charges | 640/8 | €0 | €50 | +€50 | |
| Operating profit (loss) | 9901 | -€16,180 | -€4,308 | +€11,873 | +73.4% |
| Financial income | 75/76B | €0 | €1,194,368 | +€1.2m | |
| Recurring financial income | 75 | €0 | €1,194,368 | +€1.2m | |
| Income from financial fixed assets | 750 | €0 | €1,194,368 | +€1.2m | |
| Other financial income | 752/9 | €0 | - | = | |
| Financial charges | 65/66B | €11,381 | €2,029 | -€9,352 | -82.2% |
| Recurring financial charges | 65 | €11,381 | €2,029 | -€9,352 | -82.2% |
| Debt charges | 650 | €9,869 | €771 | -€9,098 | -92.2% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | €0 | - | = | |
| Other financial charges | 652/9 | €1,513 | €1,259 | -€254 | -16.8% |
| Profit (loss) for the period before taxes | 9903 | -€27,562 | €1,188,031 | +€1.2m | |
| Profit (loss) for the period | 9904 | -€27,562 | €1,188,031 | +€1.2m | |
| Profit (loss) for the period to be appropriated | 9905 | -€27,562 | €1,188,031 | +€1.2m |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.