DE VLEESKIP: 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 VLEESKIP
Largest movements
- Tangible fixed assets +€157,524
up €157,524 (+157%), from €100,638 to €258,162
of which Furniture and vehicles: +€181,588
- Receivables within one year +€54,429
up €54,429 (+465%), from €11,698 to €66,127
of which Other amounts receivable: +€54,060
- Cash +€51,249
up €51,249 (+30.4%), from €168,713 to €219,962
mainly Net result for the year (+€203,280) and Depreciation (+€59,184)
- Stocks and contracts +€7,143
up €7,143 (+15.8%), from €45,328 to €52,471
- Reserves +€198,280
up €198,280 (+149%), from €132,644 to €330,924
- Trade debts -€62,178
down €62,178 (-77.5%), from €80,273 to €18,095
- Tax, wage and social debts +€42,688
up €42,688 (+2,587%), from €1,650 to €44,338
- Short-term financial debts +€36,165
new in 2025: €36,165
- Current portion of long-term debt +€29,508
up €29,508 (+110%), from €26,858 to €56,366
- Gross operating margin +€266,965
up €266,965 (+357%), from €74,778 to €341,743
- Taxes +€55,729
up €55,729 (+341%), from €16,359 to €72,088
- Depreciation +€34,403
up €34,403 (+139%), from €24,781 to €59,184
- Other operating charges +€3,558
new in 2025: €3,558
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 | €330,266 | €602,351 | +€272,085 | +82.4% |
| Fixed assets | 21/28 | €100,638 | €258,162 | +€157,524 | +157% |
| Tangible fixed assets | 22/27 | €100,638 | €258,162 | +€157,524 | +157% |
| Land and buildings | 22 | €97,997 | €75,138 | -€22,859 | -23.3% |
| Plant, machinery and equipment | 23 | €2,641 | €1,436 | -€1,205 | -45.6% |
| Furniture and vehicles | 24 | - | €181,588 | +€181,588 | |
| Current assets | 29/58 | €229,628 | €344,189 | +€114,561 | +49.9% |
| Stocks and contracts in progress | 3 | €45,328 | €52,471 | +€7,143 | +15.8% |
| Stocks | 30/36 | €45,328 | €52,471 | +€7,143 | +15.8% |
| Amounts receivable within one year | 40/41 | €11,698 | €66,127 | +€54,429 | +465% |
| Trade receivables | 40 | €4,096 | €4,465 | +€368 | +9.0% |
| Other amounts receivable | 41 | €7,602 | €61,662 | +€54,060 | +711% |
| Current investments | 50/53 | €50 | €50 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €168,713 | €219,962 | +€51,249 | +30.4% |
| Deferred charges and accrued income | 490/1 | €3,838 | €5,579 | +€1,741 | +45.3% |
| Total equity and liabilities | 10/49 | €330,266 | €602,351 | +€272,085 | +82.4% |
| Equity | 10/15 | €138,844 | €337,124 | +€198,280 | +143% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €132,644 | €330,924 | +€198,280 | +149% |
| Distributable reserves | 133 | €132,644 | €330,924 | +€198,280 | +149% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €191,423 | €265,227 | +€73,805 | +38.6% |
| Amounts payable after more than one year | 17 | €68,889 | €91,967 | +€23,078 | +33.5% |
| Financial debts | 170/4 | €68,889 | €91,967 | +€23,078 | +33.5% |
| Amounts payable within one year | 42/48 | €122,077 | €173,260 | +€51,183 | +41.9% |
| Current portion of amounts payable after more than one year | 42 | €26,858 | €56,366 | +€29,508 | +110% |
| Financial debts | 43 | - | €36,165 | +€36,165 | |
| Other loans | 439 | - | €36,165 | +€36,165 | |
| Trade debts | 44 | €80,273 | €18,095 | -€62,178 | -77.5% |
| Suppliers | 440/4 | €80,273 | €18,095 | -€62,178 | -77.5% |
| Taxes, remuneration and social security | 45 | €1,650 | €44,338 | +€42,688 | +2,587% |
| Taxes | 450/3 | €1,650 | €44,338 | +€42,688 | +2,587% |
| Other amounts payable | 47/48 | €13,295 | €18,295 | +€5,000 | +37.6% |
| Accrued charges and deferred income | 492/3 | €457 | €0 | -€457 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,781 | €59,184 | +€34,403 | +139% |
| Other operating charges | 640/8 | - | €3,558 | +€3,558 | |
| Gross operating margin | 9900 | €74,778 | €341,743 | +€266,965 | +357% |
| Operating profit (loss) | 9901 | €49,997 | €279,000 | +€229,004 | +458% |
| Financial income | 75/76B | €488 | €424 | -€64 | -13.1% |
| Recurring financial income | 75 | €488 | €424 | -€64 | -13.1% |
| Financial charges | 65/66B | €3,846 | €4,056 | +€210 | +5.5% |
| Recurring financial charges | 65 | €3,846 | €4,056 | +€210 | +5.5% |
| Profit (loss) for the period before taxes | 9903 | €46,638 | €275,368 | +€228,730 | +490% |
| Income taxes | 67/77 | €16,359 | €72,088 | +€55,729 | +341% |
| Profit (loss) for the period | 9904 | €30,280 | €203,280 | +€173,001 | +571% |
| Profit (loss) for the period to be appropriated | 9905 | €30,280 | €203,280 | +€173,001 | +571% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.