DE VELDERS: 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.
DE VELDERS
Largest movements
- Cash +€113,480
up €113,480 (+119%), from €95,193 to €208,674
mainly Net result for the year (+€75,513) and Tax, wage and social debts (+€31,708)
- Tangible fixed assets -€6,500
down €6,500 (-30.4%), from €21,383 to €14,883
- Reserves +€63,575
up €63,575 (+2,135%), from €2,978 to €66,553
- Tax, wage and social debts +€31,708
new in 2025: €31,708
- Profit (loss) carried forward +€11,938
no longer reported in 2025 (was -€11,938)
- Gross operating margin +€107,813
new in 2025: €107,813
- Taxes +€31,708
new in 2025: €31,708
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 | €116,576 | €223,961 | +€107,385 | +92.1% |
| Fixed assets | 21/28 | €21,383 | €14,883 | -€6,500 | -30.4% |
| Tangible fixed assets | 22/27 | €21,383 | €14,883 | -€6,500 | -30.4% |
| Land and buildings | 22 | €21,383 | €14,883 | -€6,500 | -30.4% |
| Current assets | 29/58 | €95,193 | €209,078 | +€113,885 | +120% |
| Amounts receivable within one year | 40/41 | - | €405 | +€405 | |
| Other amounts receivable | 41 | - | €405 | +€405 | |
| Cash at bank and in hand | 54/58 | €95,193 | €208,674 | +€113,480 | +119% |
| Total equity and liabilities | 10/49 | €116,576 | €223,961 | +€107,385 | +92.1% |
| Equity | 10/15 | €4,326 | €79,839 | +€75,513 | +1,746% |
| Contributions | 10/11 | €13,286 | €13,286 | = | 0.0% |
| Reserves | 13 | €2,978 | €66,553 | +€63,575 | +2,135% |
| Distributable reserves | 133 | €2,978 | €66,553 | +€63,575 | +2,135% |
| Profit (loss) carried forward | 14 | -€11,938 | - | +€11,938 | |
| Amounts payable | 17/49 | €112,250 | €144,122 | +€31,872 | +28.4% |
| Amounts payable within one year | 42/48 | €112,250 | €144,122 | +€31,872 | +28.4% |
| Trade debts | 44 | - | €164 | +€164 | |
| Suppliers | 440/4 | - | €164 | +€164 | |
| Taxes, remuneration and social security | 45 | - | €31,708 | +€31,708 | |
| Taxes | 450/3 | - | €31,708 | +€31,708 | |
| Other amounts payable | 47/48 | €112,250 | €112,250 | = | 0.0% |
| Non-recurring operating income | 76A | - | €110,380 | +€110,380 | |
| Other operating charges | 640/8 | €118 | €532 | +€414 | +351% |
| Gross operating margin | 9900 | - | €107,813 | +€107,813 | |
| Operating profit (loss) | 9901 | -€118 | €107,281 | +€107,399 | |
| Financial charges | 65/66B | €135 | €60 | -€75 | -55.6% |
| Recurring financial charges | 65 | €135 | €60 | -€75 | -55.6% |
| Profit (loss) for the period before taxes | 9903 | -€253 | €107,221 | +€107,474 | |
| Income taxes | 67/77 | - | €31,708 | +€31,708 | |
| Profit (loss) for the period | 9904 | -€253 | €75,513 | +€75,766 | |
| Profit (loss) for the period to be appropriated | 9905 | -€253 | €75,513 | +€75,766 |
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 24 October 2026 via checked.be.