De Vijfling: 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 Vijfling
Largest movements
- Cash +€179,767
up €179,767 (+34.0%), from €528,668 to €708,434
mainly Debts within one year (+€79,147) and Net result for the year (+€71,602)
- Receivables within one year -€32,422
down €32,422 (-25.2%), from €128,885 to €96,462
of which Other amounts receivable: -€42,016
- Debts within one year +€79,147
up €79,147 (+37.6%), from €210,290 to €289,437
of which Trade debts: +€69,129
- Profit (loss) carried forward +€71,602
up €71,602 (+15.3%), from €467,614 to €539,216
- Staff costs +€252,135
up €252,135 (+24.9%), from €1.0m to €1.3m
- Gross operating margin +€68,377
up €68,377 (+5.4%), from €1.3m to €1.3m
- Turnover +€30,464
up €30,464 (+8.0%), from €381,334 to €411,798
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 | €679,626 | €830,153 | +€150,527 | +22.1% |
| Fixed assets | 21/28 | €17,348 | €16,887 | -€461 | -2.7% |
| Tangible fixed assets | 22/27 | €17,348 | €16,887 | -€461 | -2.7% |
| Plant, machinery and equipment | 23 | €797 | €2,635 | +€1,838 | +230.7% |
| Furniture and vehicles | 24 | €16,551 | €14,252 | -€2,299 | -13.9% |
| Current assets | 29/58 | €662,279 | €813,266 | +€150,988 | +22.8% |
| Amounts receivable within one year | 40/41 | €128,885 | €96,462 | -€32,422 | -25.2% |
| Trade receivables | 40 | €34,005 | €43,599 | +€9,594 | +28.2% |
| Other amounts receivable | 41 | €94,879 | €52,863 | -€42,016 | -44.3% |
| Cash at bank and in hand | 54/58 | €528,668 | €708,434 | +€179,767 | +34.0% |
| Deferred charges and accrued income | 490/1 | €4,726 | €8,370 | +€3,644 | +77.1% |
| Total equity and liabilities | 10/49 | €679,626 | €830,153 | +€150,527 | +22.1% |
| Equity | 10/15 | €467,614 | €539,216 | +€71,602 | +15.3% |
| Profit (loss) carried forward | 14 | €467,614 | €539,216 | +€71,602 | +15.3% |
| Amounts payable | 17/49 | €212,013 | €290,937 | +€78,925 | +37.2% |
| Amounts payable within one year | 42/48 | €210,290 | €289,437 | +€79,147 | +37.6% |
| Trade debts | 44 | €9,562 | €78,690 | +€69,129 | +723.0% |
| Suppliers | 440/4 | €9,562 | €78,690 | +€69,129 | +723.0% |
| Taxes, remuneration and social security | 45 | €160,273 | €168,196 | +€7,923 | +4.9% |
| Taxes | 450/3 | €3 | €1 | -€2 | -53.1% |
| Remuneration and social security | 454/9 | €160,270 | €168,195 | +€7,925 | +4.9% |
| Accrued charges and deferred income | 492/3 | €1,723 | €1,501 | -€222 | -12.9% |
| Turnover | 70 | €381,334 | €411,798 | +€30,464 | +8.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €188,199 | €175,859 | -€12,340 | -6.6% |
| Remuneration, social security and pensions | 62 | €1,014,457 | €1,266,592 | +€252,135 | +24.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €595 | €3,904 | +€3,309 | +556.3% |
| Other operating charges | 640/8 | €1,251 | €984 | -€268 | -21.4% |
| Gross operating margin | 9900 | €1,274,884 | €1,343,261 | +€68,377 | +5.4% |
| Operating profit (loss) | 9901 | €258,580 | €71,781 | -€186,799 | -72.2% |
| Financial income | 75/76B | €50 | €9 | -€41 | -81.8% |
| Recurring financial income | 75 | €50 | €9 | -€41 | -81.8% |
| Financial charges | 65/66B | €229 | €187 | -€42 | -18.3% |
| Recurring financial charges | 65 | €229 | €187 | -€42 | -18.3% |
| Profit (loss) for the period before taxes | 9903 | €258,401 | €71,602 | -€186,798 | -72.3% |
| Profit (loss) for the period | 9904 | €258,401 | €71,602 | -€186,798 | -72.3% |
| Profit (loss) for the period to be appropriated | 9905 | €258,401 | €71,602 | -€186,798 | -72.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.