DE VLASCHAERD: 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 VLASCHAERD
Largest movements
- Tangible fixed assets +€19,477
up €19,477 (+122%), from €15,966 to €35,443
of which Furniture and vehicles: +€18,350
- Receivables within one year +€9,124
up €9,124 (+77.7%), from €11,739 to €20,864
of which Other amounts receivable: +€14,190
- Cash +€4,998
up €4,998 (+6.4%), from €78,017 to €83,016
mainly Net result for the year (+€18,430) and Debts after one year (+€15,120)
- Stocks and contracts -€3,702
down €3,702 (-29.1%), from €12,705 to €9,003
- Reserves +€18,430
up €18,430 (+38.8%), from €47,509 to €65,939
- Debts after one year +€15,120
up €15,120 (+527%), from €2,867 to €17,987
- Tax, wage and social debts -€3,672
down €3,672 (-66.6%), from €5,515 to €1,843
- Gross operating margin +€9,239
up €9,239 (+34.5%), from €26,814 to €36,053
- Taxes +€3,379
up €3,379 (+81.2%), from €4,159 to €7,539
- Depreciation +€1,546
up €1,546 (+20.6%), from €7,490 to €9,036
- Financial charges -€590
down €590 (-56.0%), from €1,054 to €464
of which Non-recurring financial charges: -€750
- Other operating charges +€428
up €428 (+80.7%), from €530 to €957
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 | €118,951 | €148,617 | +€29,666 | +24.9% |
| Fixed assets | 21/28 | €16,036 | €35,513 | +€19,477 | +121% |
| Tangible fixed assets | 22/27 | €15,966 | €35,443 | +€19,477 | +122% |
| Land and buildings | 22 | €484 | €290 | -€194 | -40.1% |
| Plant, machinery and equipment | 23 | €759 | €2,080 | +€1,321 | +174% |
| Furniture and vehicles | 24 | €14,723 | €33,073 | +€18,350 | +125% |
| Financial fixed assets | 28 | €70 | €70 | = | 0.0% |
| Current assets | 29/58 | €102,915 | €113,104 | +€10,189 | +9.9% |
| Stocks and contracts in progress | 3 | €12,705 | €9,003 | -€3,702 | -29.1% |
| Stocks | 30/36 | €12,705 | €9,003 | -€3,702 | -29.1% |
| Amounts receivable within one year | 40/41 | €11,739 | €20,864 | +€9,124 | +77.7% |
| Trade receivables | 40 | €11,270 | €6,205 | -€5,066 | -44.9% |
| Other amounts receivable | 41 | €469 | €14,659 | +€14,190 | +3,027% |
| Cash at bank and in hand | 54/58 | €78,017 | €83,016 | +€4,998 | +6.4% |
| Deferred charges and accrued income | 490/1 | €453 | €221 | -€232 | -51.2% |
| Total equity and liabilities | 10/49 | €118,951 | €148,617 | +€29,666 | +24.9% |
| Equity | 10/15 | €99,835 | €118,265 | +€18,430 | +18.5% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €47,509 | €65,939 | +€18,430 | +38.8% |
| Distributable reserves | 133 | €47,509 | €65,939 | +€18,430 | +38.8% |
| Profit (loss) carried forward | 14 | €2,326 | €2,326 | = | 0.0% |
| Amounts payable | 17/49 | €19,115 | €30,352 | +€11,236 | +58.8% |
| Amounts payable after more than one year | 17 | €2,867 | €17,987 | +€15,120 | +527% |
| Financial debts | 170/4 | €2,867 | €17,987 | +€15,120 | +527% |
| Amounts payable within one year | 42/48 | €16,249 | €12,365 | -€3,884 | -23.9% |
| Current portion of amounts payable after more than one year | 42 | €8,516 | €7,176 | -€1,340 | -15.7% |
| Trade debts | 44 | €2,217 | €3,346 | +€1,128 | +50.9% |
| Suppliers | 440/4 | €2,217 | €3,346 | +€1,128 | +50.9% |
| Taxes, remuneration and social security | 45 | €5,515 | €1,843 | -€3,672 | -66.6% |
| Taxes | 450/3 | €5,515 | €1,843 | -€3,672 | -66.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,490 | €9,036 | +€1,546 | +20.6% |
| Other operating charges | 640/8 | €530 | €957 | +€428 | +80.7% |
| Gross operating margin | 9900 | €26,814 | €36,053 | +€9,239 | +34.5% |
| Operating profit (loss) | 9901 | €18,794 | €26,060 | +€7,266 | +38.7% |
| Financial income | 75/76B | €111 | €373 | +€262 | +237% |
| Recurring financial income | 75 | €111 | €373 | +€262 | +237% |
| Financial charges | 65/66B | €1,054 | €464 | -€590 | -56.0% |
| Recurring financial charges | 65 | €303 | €464 | +€160 | +52.9% |
| Non-recurring financial charges | 66B | €750 | €0 | -€750 | -100% |
| Profit (loss) for the period before taxes | 9903 | €17,851 | €25,969 | +€8,118 | +45.5% |
| Income taxes | 67/77 | €4,159 | €7,539 | +€3,379 | +81.2% |
| Profit (loss) for the period | 9904 | €13,692 | €18,430 | +€4,739 | +34.6% |
| Profit (loss) for the period to be appropriated | 9905 | €13,692 | €18,430 | +€4,739 | +34.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.