BERNARD VAN VLIERDEN: 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.
BERNARD VAN VLIERDEN
Largest movements
- Cash +€544,423
up €544,423 (+656%), from €82,992 to €627,416
mainly Net result for the year (+€591,293) and Current investments (+€269,676)
- Current investments -€269,676
down €269,676 (-70.1%), from €384,706 to €115,030
- Receivables within one year -€71,213
down €71,213 (-90.8%), from €78,460 to €7,247
of which Other amounts receivable: -€71,073
- Financial fixed assets +€41,856
up €41,856 (+1.5%), from €2.9m to €2.9m
- Reserves +€276,000
up €276,000 (+8.2%), from €3.4m to €3.6m
- Tax, wage and social debts -€66,607
down €66,607 (-68.5%), from €97,169 to €30,562
- Gross operating margin -€78,079
down €78,079 (-10.7%), from €730,283 to €652,204
- Financial income +€66,286
up €66,286 (+49.3%), from €134,542 to €200,828
- Taxes -€21,479
down €21,479 (-8.0%), from €269,528 to €248,049
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 | €3,506,347 | €3,730,679 | +€224,332 | +6.4% |
| Fixed assets | 21/28 | €2,935,328 | €2,963,698 | +€28,370 | +1.0% |
| Tangible fixed assets | 22/27 | €58,596 | €45,111 | -€13,485 | -23.0% |
| Furniture and vehicles | 24 | €58,596 | €45,111 | -€13,485 | -23.0% |
| Financial fixed assets | 28 | €2,876,731 | €2,918,587 | +€41,856 | +1.5% |
| Current assets | 29/58 | €571,020 | €766,981 | +€195,961 | +34.3% |
| Amounts receivable within one year | 40/41 | €78,460 | €7,247 | -€71,213 | -90.8% |
| Trade receivables | 40 | €140 | - | -€140 | |
| Other amounts receivable | 41 | €78,320 | €7,247 | -€71,073 | -90.7% |
| Current investments | 50/53 | €384,706 | €115,030 | -€269,676 | -70.1% |
| Cash at bank and in hand | 54/58 | €82,992 | €627,416 | +€544,423 | +656% |
| Deferred charges and accrued income | 490/1 | €24,862 | €17,289 | -€7,573 | -30.5% |
| Total equity and liabilities | 10/49 | €3,506,347 | €3,730,679 | +€224,332 | +6.4% |
| Equity | 10/15 | €3,403,510 | €3,679,803 | +€276,293 | +8.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €3,373,000 | €3,649,000 | +€276,000 | +8.2% |
| Distributable reserves | 133 | €3,373,000 | €3,649,000 | +€276,000 | +8.2% |
| Profit (loss) carried forward | 14 | €10,510 | €10,803 | +€293 | +2.8% |
| Amounts payable | 17/49 | €102,837 | €50,876 | -€51,961 | -50.5% |
| Amounts payable within one year | 42/48 | €99,752 | €47,288 | -€52,464 | -52.6% |
| Trade debts | 44 | €2,583 | €68 | -€2,515 | -97.4% |
| Suppliers | 440/4 | €2,583 | €68 | -€2,515 | -97.4% |
| Taxes, remuneration and social security | 45 | €97,169 | €30,562 | -€66,607 | -68.5% |
| Taxes | 450/3 | €97,169 | €30,562 | -€66,607 | -68.5% |
| Other amounts payable | 47/48 | - | €16,658 | +€16,658 | |
| Accrued charges and deferred income | 492/3 | €3,085 | €3,588 | +€503 | +16.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,664 | €13,485 | +€4,821 | +55.7% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €730,283 | €652,204 | -€78,079 | -10.7% |
| Operating profit (loss) | 9901 | €721,501 | €638,598 | -€82,902 | -11.5% |
| Financial income | 75/76B | €134,542 | €200,828 | +€66,286 | +49.3% |
| Recurring financial income | 75 | €134,542 | €200,828 | +€66,286 | +49.3% |
| Financial charges | 65/66B | €90 | €84 | -€6 | -6.2% |
| Recurring financial charges | 65 | €90 | €84 | -€6 | -6.2% |
| Profit (loss) for the period before taxes | 9903 | €855,953 | €839,342 | -€16,611 | -1.9% |
| Income taxes | 67/77 | €269,528 | €248,049 | -€21,479 | -8.0% |
| Profit (loss) for the period | 9904 | €586,425 | €591,293 | +€4,868 | +0.8% |
| Profit (loss) for the period to be appropriated | 9905 | €586,425 | €591,293 | +€4,868 | +0.8% |
Source: filed annual accounts (NBB), financial years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.