DE VLASCHAARD: 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 VLASCHAARD
Largest movements
- Cash -€36,069
down €36,069 (-28.3%), from €127,562 to €91,493
mainly Other debts (-€85,223) and Contributions, distributions and other (-€26,573)
- Receivables within one year +€9,591
up €9,591 (+16.3%), from €58,953 to €68,545
of which Trade receivables: +€9,591
- Deferred charges and accrued income -€7,078
down €7,078 (-99.1%), from €7,145 to €68
- Tangible fixed assets -€5,225
down €5,225 (-4.2%), from €125,887 to €120,662
of which Land and buildings: -€18,072
- Other debts -€85,223
down €85,223 (-76.1%), from €111,988 to €26,765
- Reserves +€39,348
up €39,348 (+26.9%), from €146,480 to €185,828
- Trade debts +€3,315
up €3,315 (+26.0%), from €12,755 to €16,070
- Taxes +€8,426
up €8,426 (+140%), from €6,000 to €14,426
- Staff costs -€5,096
down €5,096 (-1.7%), from €292,189 to €287,092
- Gross operating margin +€4,545
up €4,545 (+1.1%), from €415,029 to €419,574
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 | €327,146 | €287,562 | -€39,584 | -12.1% |
| Fixed assets | 21/28 | €125,887 | €120,662 | -€5,225 | -4.2% |
| Tangible fixed assets | 22/27 | €125,887 | €120,662 | -€5,225 | -4.2% |
| Land and buildings | 22 | €104,405 | €86,333 | -€18,072 | -17.3% |
| Plant, machinery and equipment | 23 | €12,846 | €11,799 | -€1,048 | -8.2% |
| Furniture and vehicles | 24 | €8,636 | €22,531 | +€13,895 | +161% |
| Current assets | 29/58 | €201,259 | €166,900 | -€34,359 | -17.1% |
| Stocks and contracts in progress | 3 | €7,599 | €6,794 | -€804 | -10.6% |
| Stocks | 30/36 | €7,599 | €6,794 | -€804 | -10.6% |
| Amounts receivable within one year | 40/41 | €58,953 | €68,545 | +€9,591 | +16.3% |
| Trade receivables | 40 | €56,633 | €66,225 | +€9,591 | +16.9% |
| Other amounts receivable | 41 | €2,320 | €2,320 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €127,562 | €91,493 | -€36,069 | -28.3% |
| Deferred charges and accrued income | 490/1 | €7,145 | €68 | -€7,078 | -99.1% |
| Total equity and liabilities | 10/49 | €327,146 | €287,562 | -€39,584 | -12.1% |
| Equity | 10/15 | €165,080 | €204,428 | +€39,348 | +23.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €146,480 | €185,828 | +€39,348 | +26.9% |
| Distributable reserves | 133 | €146,480 | €185,828 | +€39,348 | +26.9% |
| Amounts payable | 17/49 | €162,066 | €83,134 | -€78,932 | -48.7% |
| Amounts payable within one year | 42/48 | €161,096 | €80,964 | -€80,132 | -49.7% |
| Trade debts | 44 | €12,755 | €16,070 | +€3,315 | +26.0% |
| Suppliers | 440/4 | €12,755 | €16,070 | +€3,315 | +26.0% |
| Taxes, remuneration and social security | 45 | €36,353 | €38,128 | +€1,775 | +4.9% |
| Taxes | 450/3 | €7,554 | €10,661 | +€3,107 | +41.1% |
| Remuneration and social security | 454/9 | €28,799 | €27,467 | -€1,331 | -4.6% |
| Other amounts payable | 47/48 | €111,988 | €26,765 | -€85,223 | -76.1% |
| Accrued charges and deferred income | 492/3 | €970 | €2,170 | +€1,200 | +124% |
| Non-recurring operating income | 76A | €872 | - | -€872 | |
| Remuneration, social security and pensions | 62 | €292,189 | €287,092 | -€5,096 | -1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,487 | €29,227 | -€3,260 | -10.0% |
| Other operating charges | 640/8 | €14,573 | €15,065 | +€492 | +3.4% |
| Non-recurring operating charges | 66A | - | €7,685 | +€7,685 | |
| Gross operating margin | 9900 | €415,029 | €419,574 | +€4,545 | +1.1% |
| Operating profit (loss) | 9901 | €75,780 | €80,504 | +€4,724 | +6.2% |
| Financial income | 75/76B | €35 | €51 | +€16 | +45.9% |
| Recurring financial income | 75 | €35 | €51 | +€16 | +45.9% |
| Financial charges | 65/66B | €554 | €209 | -€345 | -62.3% |
| Recurring financial charges | 65 | €554 | €209 | -€345 | -62.3% |
| Profit (loss) for the period before taxes | 9903 | €75,261 | €80,347 | +€5,086 | +6.8% |
| Income taxes | 67/77 | €6,000 | €14,426 | +€8,426 | +140% |
| Profit (loss) for the period | 9904 | €69,261 | €65,921 | -€3,340 | -4.8% |
| Profit (loss) for the period to be appropriated | 9905 | €69,261 | €65,921 | -€3,340 | -4.8% |
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 27 October 2026 via checked.be.