Artsengroep VLK: what changed
What changed
Artsengroep VLK
filed annual accounts (NBB)
Net result for the year
€29,813
2024 · €35,492-€5,678
Equity
€199,013
2024 · €169,199+€29,813
Cash
€24,084
2024 · €22,430+€1,653
Balance sheet total
€656,677
2024 · €675,730-€19,053
Largest movements
Assets
- Tangible fixed assets -€20,525
down €20,525 (-3.2%), from €634,014 to €613,490
of which Land and buildings: -€18,948
Equity and liabilities
- Debts after one year -€49,211
down €49,211 (-10.8%), from €457,665 to €408,454
- Reserves +€29,813
up €29,813 (+23.9%), from €124,941 to €154,754
of which Distributable reserves: +€29,813
Income statement
- Gross operating margin -€3,773
down €3,773 (-5.6%), from €67,084 to €63,311
- Other operating charges +€2,733
up €2,733 (+224%), from €1,220 to €3,952
- Financial charges -€828
down €828 (-8.4%), from €9,848 to €9,020
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€35,492
Gross operating margin
-€3,773
Other operating charges
-€2,733
Financial charges
+€828
Result 2025
€29,813
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€50,013
Investment
€0
Financing
-€48,360
Cash 2024
€22,430
From operations (derived)
+€50,013
Net result for the year
+€29,813
Depreciation
+€20,525
Receivables within one year
+€181
Trade debts
-€506
Financing
-€48,360
Debts after one year
-€49,211
Current portion of long-term debt
+€851
Cash 2025
€24,084
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €675,730 | €656,677 | -€19,053 | -2.8% |
| Fixed assets | 21/28 | €634,014 | €613,490 | -€20,525 | -3.2% |
| Tangible fixed assets | 22/27 | €634,014 | €613,490 | -€20,525 | -3.2% |
| Land and buildings | 22 | €625,738 | €606,790 | -€18,948 | -3.0% |
| Plant, machinery and equipment | 23 | €8,276 | €6,700 | -€1,576 | -19.0% |
| Current assets | 29/58 | €41,715 | €43,188 | +€1,472 | +3.5% |
| Amounts receivable within one year | 40/41 | €19,285 | €19,104 | -€181 | -0.9% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €19,285 | €19,104 | -€181 | -0.9% |
| Cash at bank and in hand | 54/58 | €22,430 | €24,084 | +€1,653 | +7.4% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €675,730 | €656,677 | -€19,053 | -2.8% |
| Equity | 10/15 | €169,199 | €199,013 | +€29,813 | +17.6% |
| Contributions | 10/11 | €44,258 | €44,258 | = | 0.0% |
| Reserves | 13 | €124,941 | €154,754 | +€29,813 | +23.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €124,941 | €154,754 | +€29,813 | +23.9% |
| Amounts payable | 17/49 | €506,531 | €457,665 | -€48,866 | -9.6% |
| Amounts payable after more than one year | 17 | €457,665 | €408,454 | -€49,211 | -10.8% |
| Financial debts | 170/4 | €457,665 | €408,454 | -€49,211 | -10.8% |
| Amounts payable within one year | 42/48 | €48,866 | €49,211 | +€345 | +0.7% |
| Current portion of amounts payable after more than one year | 42 | €48,360 | €49,211 | +€851 | +1.8% |
| Trade debts | 44 | €506 | €0 | -€506 | -100% |
| Suppliers | 440/4 | €506 | €0 | -€506 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,525 | €20,525 | = | 0.0% |
| Other operating charges | 640/8 | €1,220 | €3,952 | +€2,733 | +224% |
| Gross operating margin | 9900 | €67,084 | €63,311 | -€3,773 | -5.6% |
| Operating profit (loss) | 9901 | €45,340 | €38,833 | -€6,506 | -14.3% |
| Financial charges | 65/66B | €9,848 | €9,020 | -€828 | -8.4% |
| Recurring financial charges | 65 | €9,848 | €9,020 | -€828 | -8.4% |
| Profit (loss) for the period before taxes | 9903 | €35,492 | €29,813 | -€5,678 | -16.0% |
| Profit (loss) for the period | 9904 | €35,492 | €29,813 | -€5,678 | -16.0% |
| Profit (loss) for the period to be appropriated | 9905 | €35,492 | €29,813 | -€5,678 | -16.0% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.