BRENT 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.
BRENT VUYLSTEKE
Largest movements
- Receivables within one year +€728
up €728 (+425%), from €171 to €899
of which Trade receivables: +€899
- Cash +€116
up €116 (+28.7%), from €405 to €521
mainly Net result for the year (+€698) and Other debts (+€567)
- Profit (loss) carried forward +€698
up €698 (+2.8%), from -€24,542 to -€23,844
- Other debts +€567
up €567 (+2.8%), from €20,609 to €21,176
- Trade debts -€421
down €421 (-27.9%), from €1,509 to €1,087
- Gross operating margin +€2,521
up €2,521, from -€1,640 to €881
- Other operating charges -€98
down €98 (-43.4%), from €226 to €128
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 | €576 | €1,420 | +€844 | +147% |
| Current assets | 29/58 | €576 | €1,420 | +€844 | +147% |
| Amounts receivable within one year | 40/41 | €171 | €899 | +€728 | +425% |
| Trade receivables | 40 | - | €899 | +€899 | |
| Other amounts receivable | 41 | €171 | €0 | -€171 | -100% |
| Cash at bank and in hand | 54/58 | €405 | €521 | +€116 | +28.7% |
| Total equity and liabilities | 10/49 | €576 | €1,420 | +€844 | +147% |
| Equity | 10/15 | -€21,542 | -€20,844 | +€698 | +3.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,542 | -€23,844 | +€698 | +2.8% |
| Amounts payable | 17/49 | €22,117 | €22,263 | +€146 | +0.7% |
| Amounts payable within one year | 42/48 | €22,117 | €22,263 | +€146 | +0.7% |
| Trade debts | 44 | €1,509 | €1,087 | -€421 | -27.9% |
| Suppliers | 440/4 | €1,509 | €1,087 | -€421 | -27.9% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €20,609 | €21,176 | +€567 | +2.8% |
| Other operating charges | 640/8 | €226 | €128 | -€98 | -43.4% |
| Gross operating margin | 9900 | -€1,640 | €881 | +€2,521 | |
| Operating profit (loss) | 9901 | -€1,866 | €753 | +€2,619 | |
| Financial charges | 65/66B | €49 | €55 | +€7 | +13.4% |
| Recurring financial charges | 65 | €49 | €55 | +€7 | +13.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,915 | €698 | +€2,613 | |
| Profit (loss) for the period | 9904 | -€1,915 | €698 | +€2,613 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,915 | €698 | +€2,613 |
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.