Het Vlashuis: 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.
Het Vlashuis
Largest movements
- Stocks and contracts -€7,924
down €7,924 (-18.1%), from €43,880 to €35,956
- Tangible fixed assets -€5,547
no longer reported in 2025 (was €5,547)
- Receivables within one year -€4,134
down €4,134 (-72.8%), from €5,677 to €1,543
of which Trade receivables: -€4,911
- Cash +€4,068
up €4,068 (+501%), from €813 to €4,881
mainly Stocks and contracts (+€7,924) and Investment in fixed assets (net) (+€5,547)
- Profit (loss) carried forward -€12,061
down €12,061 (-16.6%), from -€72,733 to -€84,794
- Trade debts -€1,614
down €1,614 (-53.7%), from €3,003 to €1,389
- Other debts -€1,144
down €1,144 (-5.6%), from €20,330 to €19,185
- Tax, wage and social debts +€1,016
up €1,016 (+359%), from €283 to €1,299
- Gross operating margin +€2,881
up €2,881 (+21.7%), from -€13,280 to -€10,399
- Depreciation -€953
down €953 (-100%), from €953 to €0
- Other operating charges +€878
up €878 (+118%), from €747 to €1,625
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 | €56,184 | €42,381 | -€13,803 | -24.6% |
| Fixed assets | 21/28 | €5,547 | - | -€5,547 | |
| Tangible fixed assets | 22/27 | €5,547 | - | -€5,547 | |
| Furniture and vehicles | 24 | €5,547 | - | -€5,547 | |
| Current assets | 29/58 | €50,637 | €42,381 | -€8,256 | -16.3% |
| Stocks and contracts in progress | 3 | €43,880 | €35,956 | -€7,924 | -18.1% |
| Stocks | 30/36 | €43,880 | €35,956 | -€7,924 | -18.1% |
| Amounts receivable within one year | 40/41 | €5,677 | €1,543 | -€4,134 | -72.8% |
| Trade receivables | 40 | €5,517 | €605 | -€4,911 | -89.0% |
| Other amounts receivable | 41 | €160 | €938 | +€778 | +485% |
| Cash at bank and in hand | 54/58 | €813 | €4,881 | +€4,068 | +501% |
| Deferred charges and accrued income | 490/1 | €267 | - | -€267 | |
| Total equity and liabilities | 10/49 | €56,184 | €42,381 | -€13,803 | -24.6% |
| Equity | 10/15 | -€43,932 | -€55,993 | -€12,061 | -27.5% |
| Contributions | 10/11 | €24,000 | €24,000 | = | 0.0% |
| Reserves | 13 | €4,801 | €4,801 | = | 0.0% |
| Distributable reserves | 133 | €4,801 | €4,801 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€72,733 | -€84,794 | -€12,061 | -16.6% |
| Amounts payable | 17/49 | €100,116 | €98,374 | -€1,742 | -1.7% |
| Amounts payable after more than one year | 17 | €76,500 | €76,500 | = | 0.0% |
| Financial debts | 170/4 | €76,500 | €76,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €23,616 | €21,874 | -€1,742 | -7.4% |
| Trade debts | 44 | €3,003 | €1,389 | -€1,614 | -53.7% |
| Suppliers | 440/4 | €3,003 | €1,389 | -€1,614 | -53.7% |
| Taxes, remuneration and social security | 45 | €283 | €1,299 | +€1,016 | +359% |
| Taxes | 450/3 | €283 | €1,299 | +€1,016 | +359% |
| Other amounts payable | 47/48 | €20,330 | €19,185 | -€1,144 | -5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €953 | €0 | -€953 | -100% |
| Other operating charges | 640/8 | €747 | €1,625 | +€878 | +118% |
| Gross operating margin | 9900 | -€13,280 | -€10,399 | +€2,881 | +21.7% |
| Operating profit (loss) | 9901 | -€14,980 | -€12,024 | +€2,956 | +19.7% |
| Financial income | 75/76B | €4 | €19 | +€16 | +443% |
| Recurring financial income | 75 | €4 | €19 | +€16 | +443% |
| Financial charges | 65/66B | €64 | €56 | -€8 | -12.7% |
| Recurring financial charges | 65 | €64 | €56 | -€8 | -12.7% |
| Profit (loss) for the period before taxes | 9903 | -€15,041 | -€12,061 | +€2,980 | +19.8% |
| Profit (loss) for the period | 9904 | -€15,041 | -€12,061 | +€2,980 | +19.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,041 | -€12,061 | +€2,980 | +19.8% |
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 18 October 2026 via checked.be.