DE VIS FACTORIJ: 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 VIS FACTORIJ
Largest movements
- Tangible fixed assets -€103,785
down €103,785 (-13.6%), from €761,496 to €657,711
of which Plant, machinery and equipment: -€71,945
- Cash -€43,264
down €43,264 (-37.5%), from €115,321 to €72,057
mainly Current portion of long-term debt (-€102,337) and Debts after one year (-€95,833)
- Stocks and contracts -€36,738
down €36,738 (-24.3%), from €151,489 to €114,752
- Intangible fixed assets -€18,846
down €18,846 (-39.8%), from €47,390 to €28,544
- Current portion of long-term debt -€102,337
down €102,337 (-51.6%), from €198,171 to €95,833
- Debts after one year -€95,833
down €95,833 (-66.3%), from €144,445 to €48,611
- Tax, wage and social debts -€12,631
down €12,631 (-31.3%), from €40,410 to €27,779
of which Remuneration and social security: -€12,516
- Trade debts -€11,832
down €11,832 (-0.8%), from €1.5m to €1.4m
- Financial charges -€149,887
down €149,887 (-93.4%), from €160,459 to €10,572
of which Non-recurring financial charges: -€150,000
- Other operating charges -€144,679
down €144,679 (-97.3%), from €148,725 to €4,046
- Gross operating margin +€94,958
up €94,958 (+32.0%), from €296,545 to €391,503
- Staff costs +€38,154
up €38,154 (+19.1%), from €199,883 to €238,037
- Depreciation -€26,835
down €26,835 (-16.3%), from €164,490 to €137,654
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 | €1,154,576 | €942,399 | -€212,177 | -18.4% |
| Fixed assets | 21/28 | €808,886 | €686,255 | -€122,631 | -15.2% |
| Intangible fixed assets | 21 | €47,390 | €28,544 | -€18,846 | -39.8% |
| Tangible fixed assets | 22/27 | €761,496 | €657,711 | -€103,785 | -13.6% |
| Land and buildings | 22 | €530,732 | €497,502 | -€33,230 | -6.3% |
| Plant, machinery and equipment | 23 | €195,104 | €123,159 | -€71,945 | -36.9% |
| Furniture and vehicles | 24 | - | €6,815 | +€6,815 | |
| Other tangible fixed assets | 26 | €35,660 | €30,234 | -€5,426 | -15.2% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €345,690 | €256,145 | -€89,546 | -25.9% |
| Stocks and contracts in progress | 3 | €151,489 | €114,752 | -€36,738 | -24.3% |
| Stocks | 30/36 | €151,489 | €114,752 | -€36,738 | -24.3% |
| Amounts receivable within one year | 40/41 | €75,038 | €67,534 | -€7,503 | -10.0% |
| Trade receivables | 40 | €53,057 | €54,275 | +€1,218 | +2.3% |
| Other amounts receivable | 41 | €21,981 | €13,259 | -€8,721 | -39.7% |
| Cash at bank and in hand | 54/58 | €115,321 | €72,057 | -€43,264 | -37.5% |
| Deferred charges and accrued income | 490/1 | €3,843 | €1,802 | -€2,041 | -53.1% |
| Total equity and liabilities | 10/49 | €1,154,576 | €942,399 | -€212,177 | -18.4% |
| Equity | 10/15 | -€685,950 | -€683,381 | +€2,569 | +0.4% |
| Contributions | 10/11 | €440,000 | €440,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,125,950 | -€1,123,381 | +€2,569 | +0.2% |
| Amounts payable | 17/49 | €1,840,526 | €1,625,780 | -€214,746 | -11.7% |
| Amounts payable after more than one year | 17 | €144,445 | €48,611 | -€95,833 | -66.3% |
| Financial debts | 170/4 | €144,445 | €48,611 | -€95,833 | -66.3% |
| Amounts payable within one year | 42/48 | €1,696,081 | €1,573,364 | -€122,718 | -7.2% |
| Current portion of amounts payable after more than one year | 42 | €198,171 | €95,833 | -€102,337 | -51.6% |
| Financial debts | 43 | €0 | €1,267 | +€1,267 | |
| Credit institutions | 430/8 | €0 | €1,267 | +€1,267 | |
| Trade debts | 44 | €1,457,157 | €1,445,325 | -€11,832 | -0.8% |
| Suppliers | 440/4 | €1,457,157 | €1,445,325 | -€11,832 | -0.8% |
| Taxes, remuneration and social security | 45 | €40,410 | €27,779 | -€12,631 | -31.3% |
| Taxes | 450/3 | €6,316 | €6,200 | -€116 | -1.8% |
| Remuneration and social security | 454/9 | €34,095 | €21,579 | -€12,516 | -36.7% |
| Other amounts payable | 47/48 | €344 | €3,160 | +€2,816 | +819.5% |
| Accrued charges and deferred income | 492/3 | - | €3,805 | +€3,805 | |
| Remuneration, social security and pensions | 62 | €199,883 | €238,037 | +€38,154 | +19.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €164,490 | €137,654 | -€26,835 | -16.3% |
| Other operating charges | 640/8 | €148,725 | €4,046 | -€144,679 | -97.3% |
| Gross operating margin | 9900 | €296,545 | €391,503 | +€94,958 | +32.0% |
| Operating profit (loss) | 9901 | -€216,553 | €11,765 | +€228,318 | |
| Financial income | 75/76B | €146 | €1,376 | +€1,229 | +839.1% |
| Recurring financial income | 75 | €146 | €1,376 | +€1,229 | +839.1% |
| Financial charges | 65/66B | €160,459 | €10,572 | -€149,887 | -93.4% |
| Recurring financial charges | 65 | €10,459 | €10,572 | +€113 | +1.1% |
| Non-recurring financial charges | 66B | €150,000 | €0 | -€150,000 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | -€376,865 | €2,569 | +€379,434 | |
| Profit (loss) for the period | 9904 | -€376,865 | €2,569 | +€379,434 | |
| Profit (loss) for the period to be appropriated | 9905 | -€376,865 | €2,569 | +€379,434 |
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 10 October 2026 via checked.be.