The consolidated debt is the sum of the debt of all entities belonging to the consolidation circle of the Flemish Community.
In 2016, the debt increased by EUR 4,853 million in comparison to 2015. This is mainly due to the sixth state reform. Among other things, it was decided to shift the financing of the hospital infrastructure from the federal level to the community level. When you look at the consolidated debt without taking into account the changes of the sixth state reform, there is even a slight decline in comparison to 2015. The downward trend continues in 2017, with a decline of EUR 417.54 million in comparison to 2016.
|in mio EUR||2014||2015||2016||2017|
|VMSW (social housing)||5.968,80||6.313,15||6.282,50||6.112,95|
|VWF (social housing)||3.041,30||3.005,41||2.842,66||2.705,57|
|EKM's (social housing)||729,5||596,903||590,59||595,41|
|VIPA (including debt infrastructure hospitals and rest homes)||2.130,40||1.846,55||1.760,22||1.670,24|
|DBFM "Schools of Tomorow"||173||369,7||393,88||181,96|
For more details, please look at the Debt & Cash Report.