DE VIERMOLENS: 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 VIERMOLENS
Largest movements
- Stocks and contracts -€356,942
down €356,942 (-19.2%), from €1.9m to €1.5m
- Cash +€282,124
up €282,124 (+402%), from €70,248 to €352,372
mainly Net result for the year (+€426,207) and Stocks and contracts (+€356,942)
- Tangible fixed assets -€111,750
down €111,750 (-88.7%), from €126,043 to €14,293
of which Land and buildings: -€102,068
- Receivables within one year +€22,391
up €22,391 (+57.0%), from €39,286 to €61,677
- Reserves +€426,200
up €426,200 (+41.0%), from €1.0m to €1.5m
- Other debts -€360,033
down €360,033 (-56.7%), from €635,183 to €275,150
- Trade debts -€179,580
down €179,580 (-95.0%), from €189,018 to €9,438
- Tax, wage and social debts -€49,036
down €49,036 (-53.5%), from €91,656 to €42,620
- Gross operating margin +€421,433
up €421,433 (+192%), from €219,604 to €641,037
- Taxes +€134,217
up €134,217 (+213%), from €63,013 to €197,230
- Depreciation -€9,685
down €9,685 (-50.0%), from €19,366 to €9,681
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 | €2,091,354 | €1,927,246 | -€164,108 | -7.8% |
| Fixed assets | 21/28 | €126,043 | €14,293 | -€111,750 | -88.7% |
| Tangible fixed assets | 22/27 | €126,043 | €14,293 | -€111,750 | -88.7% |
| Land and buildings | 22 | €102,068 | - | -€102,068 | |
| Plant, machinery and equipment | 23 | €2,527 | €1,345 | -€1,182 | -46.8% |
| Furniture and vehicles | 24 | €21,448 | €12,948 | -€8,500 | -39.6% |
| Current assets | 29/58 | €1,965,311 | €1,912,953 | -€52,358 | -2.7% |
| Stocks and contracts in progress | 3 | €1,854,502 | €1,497,560 | -€356,942 | -19.2% |
| Stocks | 30/36 | €1,854,502 | €1,497,560 | -€356,942 | -19.2% |
| Amounts receivable within one year | 40/41 | €39,286 | €61,677 | +€22,391 | +57.0% |
| Other amounts receivable | 41 | €39,286 | €61,677 | +€22,391 | +57.0% |
| Cash at bank and in hand | 54/58 | €70,248 | €352,372 | +€282,124 | +402% |
| Deferred charges and accrued income | 490/1 | €1,275 | €1,344 | +€69 | +5.4% |
| Total equity and liabilities | 10/49 | €2,091,354 | €1,927,246 | -€164,108 | -7.8% |
| Equity | 10/15 | €1,175,497 | €1,600,038 | +€424,541 | +36.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,038,610 | €1,464,810 | +€426,200 | +41.0% |
| Distributable reserves | 133 | €1,038,610 | €1,464,810 | +€426,200 | +41.0% |
| Profit (loss) carried forward | 14 | €118,287 | €116,628 | -€1,659 | -1.4% |
| Amounts payable | 17/49 | €915,857 | €327,208 | -€588,649 | -64.3% |
| Amounts payable within one year | 42/48 | €915,857 | €327,208 | -€588,649 | -64.3% |
| Trade debts | 44 | €189,018 | €9,438 | -€179,580 | -95.0% |
| Suppliers | 440/4 | €189,018 | €9,438 | -€179,580 | -95.0% |
| Taxes, remuneration and social security | 45 | €91,656 | €42,620 | -€49,036 | -53.5% |
| Taxes | 450/3 | €91,656 | €42,620 | -€49,036 | -53.5% |
| Other amounts payable | 47/48 | €635,183 | €275,150 | -€360,033 | -56.7% |
| Non-recurring operating income | 76A | - | €117,931 | +€117,931 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,366 | €9,681 | -€9,685 | -50.0% |
| Other operating charges | 640/8 | €7,024 | €7,664 | +€640 | +9.1% |
| Non-recurring operating charges | 66A | €116 | €180 | +€64 | +55.2% |
| Gross operating margin | 9900 | €219,604 | €641,037 | +€421,433 | +192% |
| Operating profit (loss) | 9901 | €193,098 | €623,512 | +€430,414 | +223% |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €76 | €75 | -€1 | -1.3% |
| Recurring financial charges | 65 | €76 | €75 | -€1 | -1.3% |
| Profit (loss) for the period before taxes | 9903 | €193,024 | €623,437 | +€430,413 | +223% |
| Income taxes | 67/77 | €63,013 | €197,230 | +€134,217 | +213% |
| Profit (loss) for the period | 9904 | €130,011 | €426,207 | +€296,196 | +228% |
| Profit (loss) for the period to be appropriated | 9905 | €130,011 | €426,207 | +€296,196 | +228% |
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.