DE VLAS: 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 VLAS
Largest movements
- Tangible fixed assets -€14,873
down €14,873 (-4.3%), from €347,602 to €332,728
of which Land and buildings: -€13,878
- Debts after one year -€26,119
down €26,119 (-12.1%), from €215,815 to €189,696
- Other debts +€14,334
up €14,334 (+67.1%), from €21,349 to €35,683
- Gross operating margin -€4,634
down €4,634 (-14.9%), from €31,089 to €26,455
- Financial charges -€2,797
down €2,797 (-31.3%), from €8,937 to €6,139
- Other operating charges +€1,112
up €1,112 (+28.2%), from €3,937 to €5,049
- Taxes -€675
down €675 (-89.6%), from €754 to €79
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 | €352,004 | €337,823 | -€14,181 | -4.0% |
| Fixed assets | 21/28 | €347,602 | €332,728 | -€14,873 | -4.3% |
| Tangible fixed assets | 22/27 | €347,602 | €332,728 | -€14,873 | -4.3% |
| Land and buildings | 22 | €339,634 | €325,756 | -€13,878 | -4.1% |
| Plant, machinery and equipment | 23 | €7,967 | €6,972 | -€995 | -12.5% |
| Current assets | 29/58 | €4,402 | €5,095 | +€692 | +15.7% |
| Amounts receivable within one year | 40/41 | €2,951 | €1,851 | -€1,100 | -37.3% |
| Trade receivables | 40 | €2,118 | - | -€2,118 | |
| Other amounts receivable | 41 | €834 | €1,851 | +€1,017 | +122.0% |
| Cash at bank and in hand | 54/58 | €1,451 | €2,077 | +€626 | +43.1% |
| Deferred charges and accrued income | 490/1 | - | €1,166 | +€1,166 | |
| Total equity and liabilities | 10/49 | €352,004 | €337,823 | -€14,181 | -4.0% |
| Equity | 10/15 | €84,386 | €84,700 | +€314 | +0.4% |
| Contributions | 10/11 | €66,300 | €66,300 | = | 0.0% |
| Reserves | 13 | €18,000 | €18,000 | = | 0.0% |
| Distributable reserves | 133 | €18,000 | €18,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €86 | €400 | +€314 | +365.9% |
| Amounts payable | 17/49 | €267,618 | €253,122 | -€14,496 | -5.4% |
| Amounts payable after more than one year | 17 | €215,815 | €189,696 | -€26,119 | -12.1% |
| Financial debts | 170/4 | €215,815 | €189,696 | -€26,119 | -12.1% |
| Amounts payable within one year | 42/48 | €51,804 | €62,683 | +€10,879 | +21.0% |
| Current portion of amounts payable after more than one year | 42 | €28,910 | €26,119 | -€2,792 | -9.7% |
| Trade debts | 44 | €790 | €881 | +€91 | +11.5% |
| Suppliers | 440/4 | €790 | €881 | +€91 | +11.5% |
| Taxes, remuneration and social security | 45 | €754 | - | -€754 | |
| Taxes | 450/3 | €754 | - | -€754 | |
| Other amounts payable | 47/48 | €21,349 | €35,683 | +€14,334 | +67.1% |
| Accrued charges and deferred income | 492/3 | - | €744 | +€744 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,873 | €14,873 | = | 0.0% |
| Other operating charges | 640/8 | €3,937 | €5,049 | +€1,112 | +28.2% |
| Gross operating margin | 9900 | €31,089 | €26,455 | -€4,634 | -14.9% |
| Operating profit (loss) | 9901 | €12,278 | €6,532 | -€5,746 | -46.8% |
| Financial charges | 65/66B | €8,937 | €6,139 | -€2,797 | -31.3% |
| Recurring financial charges | 65 | €8,937 | €6,139 | -€2,797 | -31.3% |
| Profit (loss) for the period before taxes | 9903 | €3,341 | €393 | -€2,948 | -88.2% |
| Income taxes | 67/77 | €754 | €79 | -€675 | -89.6% |
| Profit (loss) for the period | 9904 | €2,587 | €314 | -€2,273 | -87.8% |
| Profit (loss) for the period to be appropriated | 9905 | €2,587 | €314 | -€2,273 | -87.8% |
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 7 October 2026 via checked.be.