BEGRAFENISONDERNEMING VUYLSTEKE: 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.
BEGRAFENISONDERNEMING VUYLSTEKE
Largest movements
- Tangible fixed assets +€237,001
up €237,001 (+24.4%), from €972,351 to €1.2m
of which Land and buildings: +€279,942
- Cash -€61,633
down €61,633 (-87.4%), from €70,532 to €8,899
mainly Investment in fixed assets (net) (-€387,893) and Debts after one year (-€97,198)
- Receivables within one year -€55,744
down €55,744 (-13.7%), from €408,166 to €352,422
of which Other amounts receivable: -€28,646
- Reserves +€207,352
up €207,352 (+34.6%), from €598,531 to €805,883
of which Distributable reserves: +€207,352
- Debts after one year -€97,198
down €97,198 (-18.8%), from €517,335 to €420,136
- Staff costs -€116,959
down €116,959 (-94.7%), from €123,457 to €6,497
- Gross operating margin -€80,694
down €80,694 (-14.2%), from €567,312 to €486,618
- Taxes +€40,268
up €40,268 (+86.6%), from €46,522 to €86,790
- Depreciation +€27,086
up €27,086 (+21.9%), from €123,806 to €150,892
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 | €1,468,340 | €1,588,483 | +€120,143 | +8.2% |
| Fixed assets | 21/28 | €973,676 | €1,210,677 | +€237,001 | +24.3% |
| Tangible fixed assets | 22/27 | €972,351 | €1,209,352 | +€237,001 | +24.4% |
| Land and buildings | 22 | €812,159 | €1,092,101 | +€279,942 | +34.5% |
| Plant, machinery and equipment | 23 | €7,009 | €5,171 | -€1,837 | -26.2% |
| Furniture and vehicles | 24 | €89,961 | €75,880 | -€14,081 | -15.7% |
| Leasing and similar rights | 25 | €63,222 | €36,199 | -€27,023 | -42.7% |
| Financial fixed assets | 28 | €1,325 | €1,325 | = | 0.0% |
| Current assets | 29/58 | €494,664 | €377,806 | -€116,858 | -23.6% |
| Stocks and contracts in progress | 3 | €8,166 | €7,122 | -€1,045 | -12.8% |
| Stocks | 30/36 | €8,166 | €7,122 | -€1,045 | -12.8% |
| Amounts receivable within one year | 40/41 | €408,166 | €352,422 | -€55,744 | -13.7% |
| Trade receivables | 40 | €320,624 | €293,526 | -€27,098 | -8.5% |
| Other amounts receivable | 41 | €87,542 | €58,896 | -€28,646 | -32.7% |
| Cash at bank and in hand | 54/58 | €70,532 | €8,899 | -€61,633 | -87.4% |
| Deferred charges and accrued income | 490/1 | €7,801 | €9,364 | +€1,563 | +20.0% |
| Total equity and liabilities | 10/49 | €1,468,340 | €1,588,483 | +€120,143 | +8.2% |
| Equity | 10/15 | €688,708 | €896,060 | +€207,352 | +30.1% |
| Contributions | 10/11 | €348,000 | €348,000 | = | 0.0% |
| Capital | 10 | €348,000 | €348,000 | = | 0.0% |
| Issued capital | 100 | €348,000 | €348,000 | = | 0.0% |
| Reserves | 13 | €598,531 | €805,883 | +€207,352 | +34.6% |
| Non-distributable reserves | 130/1 | €34,800 | €34,800 | = | 0.0% |
| Legal reserve | 130 | €34,800 | €34,800 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €544,981 | €752,333 | +€207,352 | +38.0% |
| Profit (loss) carried forward | 14 | -€257,823 | -€257,823 | = | 0.0% |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Deferred taxes | 168 | €0 | - | = | |
| Amounts payable | 17/49 | €779,632 | €692,423 | -€87,209 | -11.2% |
| Amounts payable after more than one year | 17 | €517,335 | €420,136 | -€97,198 | -18.8% |
| Financial debts | 170/4 | €517,335 | €420,136 | -€97,198 | -18.8% |
| Amounts payable within one year | 42/48 | €261,917 | €272,286 | +€10,369 | +4.0% |
| Current portion of amounts payable after more than one year | 42 | €98,394 | €97,198 | -€1,196 | -1.2% |
| Trade debts | 44 | €64,001 | €61,177 | -€2,824 | -4.4% |
| Suppliers | 440/4 | €64,001 | €61,177 | -€2,824 | -4.4% |
| Taxes, remuneration and social security | 45 | €63,522 | €79,357 | +€15,835 | +24.9% |
| Taxes | 450/3 | €51,977 | €79,357 | +€27,380 | +52.7% |
| Remuneration and social security | 454/9 | €11,545 | €0 | -€11,545 | -100% |
| Other amounts payable | 47/48 | €36,000 | €34,554 | -€1,446 | -4.0% |
| Accrued charges and deferred income | 492/3 | €380 | €0 | -€380 | -100% |
| Non-recurring operating income | 76A | - | €1,240 | +€1,240 | |
| Remuneration, social security and pensions | 62 | €123,457 | €6,497 | -€116,959 | -94.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €123,806 | €150,892 | +€27,086 | +21.9% |
| Other operating charges | 640/8 | €25,389 | €23,014 | -€2,376 | -9.4% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €567,312 | €486,618 | -€80,694 | -14.2% |
| Operating profit (loss) | 9901 | €294,660 | €306,215 | +€11,555 | +3.9% |
| Financial income | 75/76B | €2,079 | €521 | -€1,557 | -74.9% |
| Recurring financial income | 75 | €2,079 | €521 | -€1,557 | -74.9% |
| Financial charges | 65/66B | €15,095 | €12,594 | -€2,501 | -16.6% |
| Recurring financial charges | 65 | €15,095 | €12,594 | -€2,501 | -16.6% |
| Profit (loss) for the period before taxes | 9903 | €281,644 | €294,142 | +€12,498 | +4.4% |
| Transfer from deferred taxes | 780 | €12,619 | €0 | -€12,619 | -100% |
| Income taxes | 67/77 | €46,522 | €86,790 | +€40,268 | +86.6% |
| Profit (loss) for the period | 9904 | €247,741 | €207,352 | -€40,389 | -16.3% |
| Transfer from tax-exempt reserves | 789 | €49,240 | €0 | -€49,240 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €296,981 | €207,352 | -€89,629 | -30.2% |
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 25 October 2026 via checked.be.