TS FLANDERS: 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.
TS FLANDERS
Largest movements
- Current investments -€300,000
down €300,000 (-100%), from €300,000 to €0
- Cash +€121,453
up €121,453 (+65.7%), from €184,722 to €306,175
mainly Current investments (+€300,000)
- Profit (loss) carried forward -€89,468
down €89,468 (-3.1%), from €2.9m to €2.8m
- Debts after one year -€85,622
down €85,622 (-100%), from €85,622 to €0
- Gross operating margin -€11,061
down €11,061 (-13.5%), from -€82,192 to -€93,253
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 | €3,009,348 | €2,834,184 | -€175,164 | -5.8% |
| Fixed assets | 21/28 | €2,510,270 | €2,510,270 | = | 0.0% |
| Financial fixed assets | 28 | €2,510,270 | €2,510,270 | = | 0.0% |
| Current assets | 29/58 | €499,077 | €323,913 | -€175,164 | -35.1% |
| Amounts receivable within one year | 40/41 | €14,230 | €17,600 | +€3,370 | +23.7% |
| Trade receivables | 40 | €12,320 | €15,623 | +€3,303 | +26.8% |
| Other amounts receivable | 41 | €1,910 | €1,977 | +€67 | +3.5% |
| Current investments | 50/53 | €300,000 | €0 | -€300,000 | -100% |
| Cash at bank and in hand | 54/58 | €184,722 | €306,175 | +€121,453 | +65.7% |
| Deferred charges and accrued income | 490/1 | €126 | €139 | +€13 | +10.3% |
| Total equity and liabilities | 10/49 | €3,009,348 | €2,834,184 | -€175,164 | -5.8% |
| Equity | 10/15 | €2,921,357 | €2,831,890 | -€89,468 | -3.1% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €6,197 | €6,197 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,853,186 | €2,763,719 | -€89,468 | -3.1% |
| Amounts payable | 17/49 | €87,990 | €2,294 | -€85,696 | -97.4% |
| Amounts payable after more than one year | 17 | €85,622 | €0 | -€85,622 | -100% |
| Financial debts | 170/4 | €85,622 | €0 | -€85,622 | -100% |
| Amounts payable within one year | 42/48 | €2,369 | €2,294 | -€74 | -3.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €2,368 | €2,288 | -€80 | -3.4% |
| Suppliers | 440/4 | €2,368 | €2,288 | -€80 | -3.4% |
| Taxes, remuneration and social security | 45 | €1 | €0 | -€1 | -100% |
| Taxes | 450/3 | €1 | €0 | -€1 | -100% |
| Other amounts payable | 47/48 | €0 | €6 | +€6 | |
| Other operating charges | 640/8 | €240 | €144 | -€96 | -40.1% |
| Gross operating margin | 9900 | -€82,192 | -€93,253 | -€11,061 | -13.5% |
| Operating profit (loss) | 9901 | -€82,432 | -€93,397 | -€10,965 | -13.3% |
| Financial income | 75/76B | €6,501 | €5,575 | -€926 | -14.2% |
| Recurring financial income | 75 | €6,501 | €5,575 | -€926 | -14.2% |
| Financial charges | 65/66B | €158 | €190 | +€32 | +20.5% |
| Recurring financial charges | 65 | €158 | €190 | +€32 | +20.5% |
| Profit (loss) for the period before taxes | 9903 | -€76,089 | -€88,012 | -€11,923 | -15.7% |
| Income taxes | 67/77 | €1,009 | €1,456 | +€447 | +44.3% |
| Profit (loss) for the period | 9904 | -€77,098 | -€89,468 | -€12,369 | -16.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€77,098 | -€89,468 | -€12,369 | -16.0% |
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 21 October 2026 via checked.be.