DE VIER: what changed
Two fiscal 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 VIER
Largest movements
- Financial fixed assets -€185,920
down €185,920 (-100.0%), from €185,920 to €0
- Cash +€91,257
up €91,257 (+19871.3%), from €459 to €91,716
mainly Investment in fixed assets (net) (+€185,920) and Advances received (+€150,000)
- Receivables within one year +€23,336
up €23,336 (+2165.6%), from €1,078 to €24,413
of which Other amounts receivable: +€12,060
- Profit (loss) carried forward -€215,465
down €215,465 (-137.3%), from -€156,920 to -€372,384
- Advances received +€150,000
new in 2025: €150,000
- Short-term financial debts +€85,000
new in 2025: €85,000
- Other debts -€84,927
down €84,927 (-56.0%), from €151,536 to €66,610
- Debts after one year -€7,453
down €7,453 (-100.0%), from €7,453 to €0
- Financial charges +€138,820
up €138,820 (+12154.0%), from €1,142 to €139,962
of which Non-recurring financial charges: +€135,699
- Gross operating margin -€68,632
down €68,632, from €3,516 to -€65,116
- Other operating charges +€1,658
up €1,658 (+21.7%), from €7,623 to €9,281
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.
Cash bridge derived
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 | €189,972 | €117,806 | -€72,166 | -38.0% |
| Fixed assets | 21/28 | €188,435 | €1,677 | -€186,759 | -99.1% |
| Tangible fixed assets | 22/27 | €2,515 | €1,677 | -€838 | -33.3% |
| Land and buildings | 22 | €2,515 | €1,677 | -€838 | -33.3% |
| Financial fixed assets | 28 | €185,920 | €0 | -€185,920 | -100.0% |
| Current assets | 29/58 | €1,537 | €116,129 | +€114,592 | +7456.7% |
| Amounts receivable within one year | 40/41 | €1,078 | €24,413 | +€23,336 | +2165.6% |
| Trade receivables | 40 | €0 | €11,276 | +€11,276 | |
| Other amounts receivable | 41 | €1,078 | €13,137 | +€12,060 | +1119.2% |
| Cash at bank and in hand | 54/58 | €459 | €91,716 | +€91,257 | +19871.3% |
| Total equity and liabilities | 10/49 | €189,972 | €117,806 | -€72,166 | -38.0% |
| Equity | 10/15 | €23,001 | -€192,464 | -€215,465 | |
| Contributions | 10/11 | €45,008 | €45,008 | = | 0.0% |
| Reserves | 13 | €134,912 | €134,912 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,650 | €4,650 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,650 | €4,650 | = | 0.0% |
| Distributable reserves | 133 | €130,262 | €130,262 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€156,920 | -€372,384 | -€215,465 | -137.3% |
| Amounts payable | 17/49 | €166,971 | €310,270 | +€143,298 | +85.8% |
| Amounts payable after more than one year | 17 | €7,453 | €0 | -€7,453 | -100.0% |
| Financial debts | 170/4 | €7,453 | €0 | -€7,453 | -100.0% |
| Amounts payable within one year | 42/48 | €159,518 | €310,270 | +€150,752 | +94.5% |
| Current portion of amounts payable after more than one year | 42 | €7,453 | €7,453 | +€0 | 0.0% |
| Financial debts | 43 | - | €85,000 | +€85,000 | |
| Credit institutions | 430/8 | - | €85,000 | +€85,000 | |
| Trade debts | 44 | €528 | €1,203 | +€675 | +127.7% |
| Suppliers | 440/4 | €528 | €1,203 | +€675 | +127.7% |
| Advances received on contracts in progress | 46 | - | €150,000 | +€150,000 | |
| Taxes, remuneration and social security | 45 | - | €4 | +€4 | |
| Taxes | 450/3 | - | €4 | +€4 | |
| Other amounts payable | 47/48 | €151,536 | €66,610 | -€84,927 | -56.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €838 | €838 | = | 0.0% |
| Other operating charges | 640/8 | €7,623 | €9,281 | +€1,658 | +21.7% |
| Non-recurring operating charges | 66A | - | €268 | +€268 | |
| Gross operating margin | 9900 | €3,516 | -€65,116 | -€68,632 | |
| Operating profit (loss) | 9901 | -€4,945 | -€75,503 | -€70,558 | -1426.7% |
| Financial charges | 65/66B | €1,142 | €139,962 | +€138,820 | +12154.0% |
| Recurring financial charges | 65 | €1,142 | €4,263 | +€3,121 | +273.2% |
| Non-recurring financial charges | 66B | - | €135,699 | +€135,699 | |
| Profit (loss) for the period before taxes | 9903 | -€6,088 | -€215,465 | -€209,377 | -3439.4% |
| Profit (loss) for the period | 9904 | -€6,088 | -€215,465 | -€209,377 | -3439.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,088 | -€215,465 | -€209,377 | -3439.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.