BOUWONDERNEMING de VRIEND: 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.
BOUWONDERNEMING de VRIEND
Largest movements
- Receivables within one year -€120,551
down €120,551 (-66.7%), from €180,691 to €60,140
of which Trade receivables: -€97,419
- Tangible fixed assets -€22,385
down €22,385 (-5.1%), from €442,674 to €420,289
of which Furniture and vehicles: -€16,747
- Cash +€12,814
up €12,814 (+20.5%), from €62,395 to €75,210
mainly Receivables within one year (+€120,551) and Net result for the year (+€51,956)
- Deferred charges and accrued income +€8,550
up €8,550 (+60.4%), from €14,153 to €22,702
- Trade debts -€126,407
down €126,407 (-88.6%), from €142,672 to €16,266
- Tax, wage and social debts -€65,317
down €65,317 (-76.4%), from €85,481 to €20,164
of which Taxes: -€67,666
- Other debts +€45,274
up €45,274 (+47.5%), from €95,228 to €140,501
- Profit (loss) carried forward +€41,209
up €41,209, from -€41,209 to €0
- Debts after one year -€25,908
down €25,908 (-13.7%), from €188,742 to €162,834
- Gross operating margin +€80,474
up €80,474 (+88.5%), from €90,952 to €171,426
- Staff costs -€14,923
down €14,923 (-17.1%), from €87,236 to €72,313
- Depreciation -€7,108
down €7,108 (-27.4%), from €25,898 to €18,790
- Taxes +€6,504
up €6,504, from €0 to €6,504
- Write-downs -€4,269
down €4,269, from €1,938 to -€2,331
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 | €730,048 | €608,476 | -€121,572 | -16.7% |
| Fixed assets | 21/28 | €442,809 | €420,424 | -€22,385 | -5.1% |
| Tangible fixed assets | 22/27 | €442,674 | €420,289 | -€22,385 | -5.1% |
| Land and buildings | 22 | €365,300 | €365,300 | = | 0.0% |
| Plant, machinery and equipment | 23 | €39,270 | €33,180 | -€6,089 | -15.5% |
| Furniture and vehicles | 24 | €37,703 | €20,956 | -€16,747 | -44.4% |
| Other tangible fixed assets | 26 | €401 | €852 | +€451 | +112% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €287,239 | €188,052 | -€99,187 | -34.5% |
| Stocks and contracts in progress | 3 | €30,000 | €30,000 | = | 0.0% |
| Contracts in progress | 37 | €30,000 | €30,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €180,691 | €60,140 | -€120,551 | -66.7% |
| Trade receivables | 40 | €142,169 | €44,750 | -€97,419 | -68.5% |
| Other amounts receivable | 41 | €38,522 | €15,390 | -€23,132 | -60.0% |
| Cash at bank and in hand | 54/58 | €62,395 | €75,210 | +€12,814 | +20.5% |
| Deferred charges and accrued income | 490/1 | €14,153 | €22,702 | +€8,550 | +60.4% |
| Total equity and liabilities | 10/49 | €730,048 | €608,476 | -€121,572 | -16.7% |
| Equity | 10/15 | €184,544 | €236,500 | +€51,956 | +28.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €213,353 | €224,100 | +€10,747 | +5.0% |
| Non-distributable reserves | 130/1 | €5,714 | €5,714 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,714 | €5,714 | = | 0.0% |
| Distributable reserves | 133 | €207,639 | €218,386 | +€10,747 | +5.2% |
| Profit (loss) carried forward | 14 | -€41,209 | €0 | +€41,209 | |
| Amounts payable | 17/49 | €545,504 | €371,976 | -€173,528 | -31.8% |
| Amounts payable after more than one year | 17 | €188,742 | €162,834 | -€25,908 | -13.7% |
| Financial debts | 170/4 | €188,742 | €162,834 | -€25,908 | -13.7% |
| Amounts payable within one year | 42/48 | €355,490 | €203,550 | -€151,939 | -42.7% |
| Current portion of amounts payable after more than one year | 42 | €32,109 | €26,620 | -€5,489 | -17.1% |
| Trade debts | 44 | €142,672 | €16,266 | -€126,407 | -88.6% |
| Suppliers | 440/4 | €142,672 | €16,266 | -€126,407 | -88.6% |
| Taxes, remuneration and social security | 45 | €85,481 | €20,164 | -€65,317 | -76.4% |
| Taxes | 450/3 | €83,988 | €16,322 | -€67,666 | -80.6% |
| Remuneration and social security | 454/9 | €1,493 | €3,841 | +€2,348 | +157% |
| Other amounts payable | 47/48 | €95,228 | €140,501 | +€45,274 | +47.5% |
| Accrued charges and deferred income | 492/3 | €1,272 | €5,592 | +€4,320 | +340% |
| Non-recurring operating income | 76A | €0 | €62,753 | +€62,753 | |
| Remuneration, social security and pensions | 62 | €87,236 | €72,313 | -€14,923 | -17.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,898 | €18,790 | -€7,108 | -27.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,938 | -€2,331 | -€4,269 | |
| Other operating charges | 640/8 | €9,870 | €12,891 | +€3,021 | +30.6% |
| Gross operating margin | 9900 | €90,952 | €171,426 | +€80,474 | +88.5% |
| Operating profit (loss) | 9901 | -€33,990 | €69,763 | +€103,753 | |
| Financial income | 75/76B | €6 | €37 | +€31 | +476% |
| Recurring financial income | 75 | €6 | €37 | +€31 | +476% |
| Financial charges | 65/66B | €7,267 | €11,340 | +€4,073 | +56.0% |
| Recurring financial charges | 65 | €7,267 | €11,340 | +€4,073 | +56.0% |
| Profit (loss) for the period before taxes | 9903 | -€41,251 | €58,461 | +€99,711 | |
| Income taxes | 67/77 | €0 | €6,504 | +€6,504 | |
| Profit (loss) for the period | 9904 | -€41,251 | €51,956 | +€93,207 | |
| Profit (loss) for the period to be appropriated | 9905 | -€41,251 | €51,956 | +€93,207 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.