DE VIERVOETERTJES: 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 VIERVOETERTJES
Largest movements
- Cash +€110,236
up €110,236 (+332%), from €33,235 to €143,471
mainly Net result for the year (+€95,871) and Tax, wage and social debts (+€17,885)
- Tangible fixed assets -€8,406
down €8,406 (-6.1%), from €138,092 to €129,686
of which Plant, machinery and equipment: -€9,823
- Reserves +€95,871
up €95,871 (+5,154%), from €1,860 to €97,731
- Tax, wage and social debts +€17,885
up €17,885 (+85.3%), from €20,962 to €38,847
of which Taxes: +€14,847
- Other debts -€12,545
down €12,545 (-5.8%), from €216,006 to €203,461
- Turnover +€94,836
up €94,836 (+36.0%), from €263,195 to €358,031
- Gross operating margin +€75,476
up €75,476 (+90.6%), from €83,274 to €158,749
- Purchases and services +€33,197
up €33,197 (+18.5%), from €179,921 to €213,118
- Taxes +€9,587
new in 2025: €9,587
- Staff costs +€6,084
up €6,084 (+19.4%), from €31,302 to €37,386
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 | €181,261 | €281,098 | +€99,837 | +55.1% |
| Fixed assets | 21/28 | €138,182 | €129,776 | -€8,406 | -6.1% |
| Tangible fixed assets | 22/27 | €138,092 | €129,686 | -€8,406 | -6.1% |
| Plant, machinery and equipment | 23 | €128,092 | €118,269 | -€9,823 | -7.7% |
| Furniture and vehicles | 24 | €10,000 | €11,417 | +€1,417 | +14.2% |
| Financial fixed assets | 28 | €90 | €90 | = | 0.0% |
| Current assets | 29/58 | €43,079 | €151,322 | +€108,243 | +251% |
| Amounts receivable within one year | 40/41 | €7,447 | €5,199 | -€2,248 | -30.2% |
| Trade receivables | 40 | €5,575 | €3,274 | -€2,301 | -41.3% |
| Other amounts receivable | 41 | €1,872 | €1,925 | +€53 | +2.8% |
| Cash at bank and in hand | 54/58 | €33,235 | €143,471 | +€110,236 | +332% |
| Deferred charges and accrued income | 490/1 | €2,397 | €2,652 | +€255 | +10.6% |
| Total equity and liabilities | 10/49 | €181,261 | €281,098 | +€99,837 | +55.1% |
| Equity | 10/15 | -€66,411 | €29,460 | +€95,871 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €97,731 | +€95,871 | +5,154% |
| Distributable reserves | 133 | €1,860 | €97,731 | +€95,871 | +5,154% |
| Profit (loss) carried forward | 14 | -€86,871 | -€86,871 | = | 0.0% |
| Amounts payable | 17/49 | €247,671 | €251,637 | +€3,966 | +1.6% |
| Amounts payable within one year | 42/48 | €247,671 | €251,637 | +€3,966 | +1.6% |
| Trade debts | 44 | €10,304 | €7,504 | -€2,800 | -27.2% |
| Suppliers | 440/4 | €10,304 | €7,504 | -€2,800 | -27.2% |
| Advances received on contracts in progress | 46 | €400 | €1,825 | +€1,425 | +356% |
| Taxes, remuneration and social security | 45 | €20,962 | €38,847 | +€17,885 | +85.3% |
| Taxes | 450/3 | €13,973 | €28,820 | +€14,847 | +106% |
| Remuneration and social security | 454/9 | €6,989 | €10,028 | +€3,039 | +43.5% |
| Other amounts payable | 47/48 | €216,006 | €203,461 | -€12,545 | -5.8% |
| Turnover | 70 | €263,195 | €358,031 | +€94,836 | +36.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €179,921 | €213,118 | +€33,197 | +18.5% |
| Remuneration, social security and pensions | 62 | €31,302 | €37,386 | +€6,084 | +19.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,986 | €14,906 | +€920 | +6.6% |
| Other operating charges | 640/8 | €926 | €1,102 | +€176 | +19.0% |
| Gross operating margin | 9900 | €83,274 | €158,749 | +€75,476 | +90.6% |
| Operating profit (loss) | 9901 | €37,059 | €105,355 | +€68,296 | +184% |
| Financial income | 75/76B | €317 | €343 | +€26 | +8.1% |
| Recurring financial income | 75 | €317 | €343 | +€26 | +8.1% |
| Financial charges | 65/66B | €78 | €240 | +€162 | +208% |
| Recurring financial charges | 65 | €78 | €240 | +€162 | +208% |
| Profit (loss) for the period before taxes | 9903 | €37,298 | €105,458 | +€68,160 | +183% |
| Income taxes | 67/77 | - | €9,587 | +€9,587 | |
| Profit (loss) for the period | 9904 | €37,298 | €95,871 | +€58,573 | +157% |
| Profit (loss) for the period to be appropriated | 9905 | €37,298 | €95,871 | +€58,573 | +157% |
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.