Arnold Devriendt TP: 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.
Arnold Devriendt TP
Largest movements
- Cash +€71,811
up €71,811 (+197%), from €36,435 to €108,245
mainly Net result for the year (+€119,150) and Depreciation (+€13,328)
- Receivables after one year +€43,780
new in 2025: €43,780
- Tangible fixed assets -€12,069
down €12,069 (-3.0%), from €400,301 to €388,232
of which Furniture and vehicles: -€12,069
- Reserves +€118,317
up €118,317 (+185%), from €64,034 to €182,351
- Debts after one year -€27,567
down €27,567 (-8.3%), from €331,204 to €303,636
of which Financial debts: -€17,236
- Tax, wage and social debts +€8,446
up €8,446 (+50.1%), from €16,850 to €25,297
- Other operating charges -€42,033
down €42,033 (-99.7%), from €42,180 to €147
- Gross operating margin +€20,435
up €20,435 (+13.0%), from €156,722 to €177,158
- Taxes +€16,596
up €16,596 (+98.5%), from €16,850 to €33,446
- Financial charges -€10,200
down €10,200 (-45.3%), from €22,506 to €12,306
- Depreciation +€2,968
up €2,968 (+28.6%), from €10,360 to €13,328
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 | €461,817 | €560,563 | +€98,746 | +21.4% |
| Fixed assets | 21/28 | €400,301 | €388,232 | -€12,069 | -3.0% |
| Tangible fixed assets | 22/27 | €400,301 | €388,232 | -€12,069 | -3.0% |
| Land and buildings | 22 | €345,510 | €345,510 | = | 0.0% |
| Furniture and vehicles | 24 | €54,791 | €42,722 | -€12,069 | -22.0% |
| Current assets | 29/58 | €61,516 | €172,331 | +€110,815 | +180% |
| Amounts receivable after more than one year | 29 | - | €43,780 | +€43,780 | |
| Other amounts receivable | 291 | - | €43,780 | +€43,780 | |
| Amounts receivable within one year | 40/41 | €23,330 | €18,858 | -€4,472 | -19.2% |
| Trade receivables | 40 | €23,330 | €18,858 | -€4,472 | -19.2% |
| Cash at bank and in hand | 54/58 | €36,435 | €108,245 | +€71,811 | +197% |
| Deferred charges and accrued income | 490/1 | €1,752 | €1,449 | -€304 | -17.3% |
| Total equity and liabilities | 10/49 | €461,817 | €560,563 | +€98,746 | +21.4% |
| Equity | 10/15 | €84,034 | €202,351 | +€118,317 | +141% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €64,034 | €182,351 | +€118,317 | +185% |
| Distributable reserves | 133 | €64,034 | €182,351 | +€118,317 | +185% |
| Amounts payable | 17/49 | €377,783 | €358,212 | -€19,571 | -5.2% |
| Amounts payable after more than one year | 17 | €331,204 | €303,636 | -€27,567 | -8.3% |
| Financial debts | 170/4 | €270,877 | €253,641 | -€17,236 | -6.4% |
| Other amounts payable | 178/9 | €60,326 | €49,995 | -€10,331 | -17.1% |
| Amounts payable within one year | 42/48 | €46,580 | €54,576 | +€7,996 | +17.2% |
| Current portion of amounts payable after more than one year | 42 | €26,676 | €27,567 | +€891 | +3.3% |
| Trade debts | 44 | €2,033 | €310 | -€1,722 | -84.7% |
| Suppliers | 440/4 | €2,033 | €310 | -€1,722 | -84.7% |
| Taxes, remuneration and social security | 45 | €16,850 | €25,297 | +€8,446 | +50.1% |
| Taxes | 450/3 | €16,850 | €25,297 | +€8,446 | +50.1% |
| Other amounts payable | 47/48 | €1,020 | €1,402 | +€381 | +37.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,360 | €13,328 | +€2,968 | +28.6% |
| Other operating charges | 640/8 | €42,180 | €147 | -€42,033 | -99.7% |
| Gross operating margin | 9900 | €156,722 | €177,158 | +€20,435 | +13.0% |
| Operating profit (loss) | 9901 | €104,182 | €163,683 | +€59,500 | +57.1% |
| Financial income | 75/76B | €67 | €1,220 | +€1,152 | +1,713% |
| Recurring financial income | 75 | €67 | €1,220 | +€1,152 | +1,713% |
| Financial charges | 65/66B | €22,506 | €12,306 | -€10,200 | -45.3% |
| Recurring financial charges | 65 | €22,506 | €12,306 | -€10,200 | -45.3% |
| Profit (loss) for the period before taxes | 9903 | €81,743 | €152,596 | +€70,853 | +86.7% |
| Income taxes | 67/77 | €16,850 | €33,446 | +€16,596 | +98.5% |
| Profit (loss) for the period | 9904 | €64,893 | €119,150 | +€54,257 | +83.6% |
| Profit (loss) for the period to be appropriated | 9905 | €64,893 | €119,150 | +€54,257 | +83.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.