BVBA Dr. Everhard Vandervliet: 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.
BVBA Dr. Everhard Vandervliet
Largest movements
- Tangible fixed assets +€867,220
up €867,220 (+136%), from €638,189 to €1.5m
of which Land and buildings: +€448,056
- Receivables within one year +€84,886
up €84,886 (+25.1%), from €338,372 to €423,258
of which Other amounts receivable: +€87,240
- Debts after one year +€823,758
up €823,758 (+211%), from €390,687 to €1.2m
- Current portion of long-term debt +€111,284
up €111,284 (+413%), from €26,969 to €138,253
- Other debts +€98,953
up €98,953 (+6,410%), from €1,544 to €100,496
- Trade debts -€53,289
down €53,289 (-82.0%), from €65,002 to €11,713
- Tax, wage and social debts -€47,471
down €47,471 (-66.5%), from €71,342 to €23,871
of which Taxes: -€51,658
- Gross operating margin +€95,849
up €95,849 (+25.4%), from €376,780 to €472,629
- Depreciation +€38,025
up €38,025 (+72.1%), from €52,730 to €90,754
- Financial charges +€32,406
up €32,406 (+39.9%), from €81,166 to €113,572
- Other operating charges +€11,320
up €11,320 (+13.1%), from €86,563 to €97,883
- Financial income -€8,713
down €8,713 (-39.7%), from €21,935 to €13,222
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 | €1,091,975 | €2,030,193 | +€938,218 | +85.9% |
| Fixed assets | 21/28 | €638,189 | €1,505,409 | +€867,220 | +136% |
| Tangible fixed assets | 22/27 | €638,189 | €1,505,409 | +€867,220 | +136% |
| Land and buildings | 22 | €408,084 | €856,140 | +€448,056 | +110% |
| Plant, machinery and equipment | 23 | €112,700 | €546,929 | +€434,229 | +385% |
| Furniture and vehicles | 24 | €69,475 | €52,966 | -€16,510 | -23.8% |
| Other tangible fixed assets | 26 | €47,929 | €49,373 | +€1,445 | +3.0% |
| Current assets | 29/58 | €453,786 | €524,784 | +€70,998 | +15.6% |
| Amounts receivable within one year | 40/41 | €338,372 | €423,258 | +€84,886 | +25.1% |
| Trade receivables | 40 | €5,000 | €2,646 | -€2,354 | -47.1% |
| Other amounts receivable | 41 | €333,372 | €420,612 | +€87,240 | +26.2% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €115,414 | €101,526 | -€13,887 | -12.0% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €1,091,975 | €2,030,193 | +€938,218 | +85.9% |
| Equity | 10/15 | €522,909 | €526,031 | +€3,123 | +0.6% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €510,409 | €513,531 | +€3,123 | +0.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €508,549 | €511,671 | +€3,123 | +0.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €569,066 | €1,504,162 | +€935,096 | +164% |
| Amounts payable after more than one year | 17 | €390,687 | €1,214,444 | +€823,758 | +211% |
| Financial debts | 170/4 | €390,687 | €1,214,444 | +€823,758 | +211% |
| Amounts payable within one year | 42/48 | €178,379 | €289,471 | +€111,092 | +62.3% |
| Current portion of amounts payable after more than one year | 42 | €26,969 | €138,253 | +€111,284 | +413% |
| Financial debts | 43 | €13,523 | €15,138 | +€1,615 | +11.9% |
| Credit institutions | 430/8 | €13,523 | €15,138 | +€1,615 | +11.9% |
| Trade debts | 44 | €65,002 | €11,713 | -€53,289 | -82.0% |
| Suppliers | 440/4 | €65,002 | €11,713 | -€53,289 | -82.0% |
| Taxes, remuneration and social security | 45 | €71,342 | €23,871 | -€47,471 | -66.5% |
| Taxes | 450/3 | €51,658 | €0 | -€51,658 | -100% |
| Remuneration and social security | 454/9 | €19,684 | €23,871 | +€4,188 | +21.3% |
| Other amounts payable | 47/48 | €1,544 | €100,496 | +€98,953 | +6,410% |
| Accrued charges and deferred income | 492/3 | - | €246 | +€246 | |
| Non-recurring operating income | 76A | €0 | €3,885 | +€3,885 | |
| Remuneration, social security and pensions | 62 | €111,763 | €113,278 | +€1,515 | +1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,730 | €90,754 | +€38,025 | +72.1% |
| Other operating charges | 640/8 | €86,563 | €97,883 | +€11,320 | +13.1% |
| Non-recurring operating charges | 66A | €24,383 | €0 | -€24,383 | -100% |
| Gross operating margin | 9900 | €376,780 | €472,629 | +€95,849 | +25.4% |
| Operating profit (loss) | 9901 | €101,341 | €170,714 | +€69,372 | +68.5% |
| Financial income | 75/76B | €21,935 | €13,222 | -€8,713 | -39.7% |
| Recurring financial income | 75 | €21,935 | €13,222 | -€8,713 | -39.7% |
| Financial charges | 65/66B | €81,166 | €113,572 | +€32,406 | +39.9% |
| Recurring financial charges | 65 | €81,166 | €113,572 | +€32,406 | +39.9% |
| Profit (loss) for the period before taxes | 9903 | €42,110 | €70,363 | +€28,254 | +67.1% |
| Income taxes | 67/77 | €16,775 | €15,418 | -€1,357 | -8.1% |
| Profit (loss) for the period | 9904 | €25,334 | €54,945 | +€29,611 | +117% |
| Profit (loss) for the period to be appropriated | 9905 | €25,334 | €54,945 | +€29,611 | +117% |
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 20 October 2026 via checked.be.