DE VISSERIJ PROJECTS: 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 VISSERIJ PROJECTS
Largest movements
- Stocks and contracts +€1.2m
up €1.2m (+32.8%), from €3.8m to €5.0m
- Cash +€749,035
up €749,035 (+112%), from €671,382 to €1.4m
mainly Advances received (+€1.9m) and Other debts (+€420,202)
- Receivables within one year +€281,661
up €281,661 (+109%), from €258,648 to €540,309
of which Trade receivables: +€281,661
- Advances received +€1.9m
up €1.9m (+50.2%), from €3.8m to €5.8m
- Other debts +€420,202
up €420,202 (+64.9%), from €647,690 to €1.1m
- Gross operating margin +€14,983
up €14,983 (+85.4%), from -€17,540 to -€2,558
- Other operating charges +€615
up €615 (+116%), from €528 to €1,143
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 | €4,714,732 | €6,985,375 | +€2.3m | +48.2% |
| Current assets | 29/58 | €4,714,732 | €6,985,375 | +€2.3m | +48.2% |
| Stocks and contracts in progress | 3 | €3,784,702 | €5,024,649 | +€1.2m | +32.8% |
| Contracts in progress | 37 | €3,784,702 | €5,024,649 | +€1.2m | +32.8% |
| Amounts receivable within one year | 40/41 | €258,648 | €540,309 | +€281,661 | +109% |
| Trade receivables | 40 | €73,648 | €355,309 | +€281,661 | +382% |
| Other amounts receivable | 41 | €185,000 | €185,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €671,382 | €1,420,418 | +€749,035 | +112% |
| Total equity and liabilities | 10/49 | €4,714,732 | €6,985,375 | +€2.3m | +48.2% |
| Equity | 10/15 | -€9,362 | -€13,063 | -€3,700 | -39.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,962 | -€31,663 | -€3,700 | -13.2% |
| Amounts payable | 17/49 | €4,724,094 | €6,998,438 | +€2.3m | +48.1% |
| Amounts payable within one year | 42/48 | €4,724,094 | €6,998,438 | +€2.3m | +48.1% |
| Trade debts | 44 | €194,134 | €130,097 | -€64,037 | -33.0% |
| Suppliers | 440/4 | €194,134 | €130,097 | -€64,037 | -33.0% |
| Advances received on contracts in progress | 46 | €3,836,769 | €5,761,722 | +€1.9m | +50.2% |
| Taxes, remuneration and social security | 45 | €45,501 | €38,727 | -€6,774 | -14.9% |
| Taxes | 450/3 | €45,501 | €38,727 | -€6,774 | -14.9% |
| Other amounts payable | 47/48 | €647,690 | €1,067,892 | +€420,202 | +64.9% |
| Non-recurring operating income | 76A | €386 | - | -€386 | |
| Other operating charges | 640/8 | €528 | €1,143 | +€615 | +116% |
| Gross operating margin | 9900 | -€17,540 | -€2,558 | +€14,983 | +85.4% |
| Operating profit (loss) | 9901 | -€18,068 | -€3,700 | +€14,368 | +79.5% |
| Financial income | 75/76B | €0 | €0 | -€0 | -90.3% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -90.3% |
| Profit (loss) for the period before taxes | 9903 | -€18,068 | -€3,700 | +€14,368 | +79.5% |
| Profit (loss) for the period | 9904 | -€18,068 | -€3,700 | +€14,368 | +79.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,068 | -€3,700 | +€14,368 | +79.5% |
Source: filed annual accounts (NBB), financial years ended 30 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.