Flandrium: 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.
Flandrium
Largest movements
- Deferred charges and accrued income -€17,500
no longer reported in 2025 (was €17,500)
- Tangible fixed assets -€16,393
down €16,393 (-4.0%), from €408,050 to €391,657
- Cash +€6,048
up €6,048 (+69.5%), from €8,698 to €14,745
mainly Deferred charges and accrued income (+€17,500) and Depreciation (+€16,393)
- Profit (loss) carried forward -€36,950
down €36,950 (-20.3%), from -€181,959 to -€218,910
- Other debts +€8,339
up €8,339 (+2.7%), from €311,274 to €319,613
- Other operating charges +€19,494
up €19,494 (+726.4%), from €2,684 to €22,178
- Gross operating margin +€14,248
up €14,248, from -€4,214 to €10,034
- Financial charges -€2,891
down €2,891 (-25.6%), from €11,305 to €8,414
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 | €434,248 | €406,402 | -€27,846 | -6.4% |
| Fixed assets | 21/28 | €408,050 | €391,657 | -€16,393 | -4.0% |
| Tangible fixed assets | 22/27 | €408,050 | €391,657 | -€16,393 | -4.0% |
| Land and buildings | 22 | €408,050 | €391,657 | -€16,393 | -4.0% |
| Current assets | 29/58 | €26,198 | €14,745 | -€11,452 | -43.7% |
| Cash at bank and in hand | 54/58 | €8,698 | €14,745 | +€6,048 | +69.5% |
| Deferred charges and accrued income | 490/1 | €17,500 | - | -€17,500 | |
| Total equity and liabilities | 10/49 | €434,248 | €406,402 | -€27,846 | -6.4% |
| Equity | 10/15 | €119,041 | €82,090 | -€36,950 | -31.0% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Capital | 10 | €300,000 | €300,000 | = | 0.0% |
| Issued capital | 100 | €300,000 | €300,000 | = | 0.0% |
| Reserves | 13 | €1,000 | €1,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,000 | €1,000 | = | 0.0% |
| Legal reserve | 130 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€181,959 | -€218,910 | -€36,950 | -20.3% |
| Amounts payable | 17/49 | €315,207 | €324,312 | +€9,105 | +2.9% |
| Amounts payable within one year | 42/48 | €315,142 | €324,245 | +€9,104 | +2.9% |
| Trade debts | 44 | €3,868 | €4,633 | +€765 | +19.8% |
| Suppliers | 440/4 | €3,868 | €4,633 | +€765 | +19.8% |
| Other amounts payable | 47/48 | €311,274 | €319,613 | +€8,339 | +2.7% |
| Accrued charges and deferred income | 492/3 | €66 | €67 | +€1 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,384 | €16,393 | +€9 | +0.1% |
| Other operating charges | 640/8 | €2,684 | €22,178 | +€19,494 | +726.4% |
| Gross operating margin | 9900 | -€4,214 | €10,034 | +€14,248 | |
| Operating profit (loss) | 9901 | -€23,281 | -€28,536 | -€5,255 | -22.6% |
| Financial charges | 65/66B | €11,305 | €8,414 | -€2,891 | -25.6% |
| Recurring financial charges | 65 | €11,305 | €8,414 | -€2,891 | -25.6% |
| Profit (loss) for the period before taxes | 9903 | -€34,586 | -€36,950 | -€2,364 | -6.8% |
| Profit (loss) for the period | 9904 | -€34,586 | -€36,950 | -€2,364 | -6.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€34,586 | -€36,950 | -€2,364 | -6.8% |
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 2 October 2026 via checked.be.