Here we give a highlight on the direct debt and consolidated debt. In the ‘debt and cash report 2016’ you will find the full version on the debt situation of the Flemish Community at the end of 2016.
The concept of 'Flemish Administration debt' can be understood in several ways. A strict interpretation is that it is the direct debt. Broader interpretations take into account the financial debts of the entities to be consolidated or even the guaranteed debt. A graphical representation of these different interpretations of the word 'debt' is given below.