De Vliergeit: 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 Vliergeit
Largest movements
- Cash +€25,675
up €25,675 (+180%), from €14,249 to €39,924
mainly Other debts (+€59,500) and Net result for the year (+€24,349)
- Tangible fixed assets -€4,092
down €4,092 (-9.9%), from €41,405 to €37,313
of which Furniture and vehicles: -€4,235
- Receivables within one year -€3,207
down €3,207 (-18.5%), from €17,342 to €14,136
of which Trade receivables: -€3,777
- Other debts +€59,500
new in 2025: €59,500
- Profit (loss) carried forward -€45,651
down €45,651 (-62.6%), from €72,973 to €27,322
- Tax, wage and social debts +€3,432
up €3,432 (+386%), from €890 to €4,321
- Gross operating margin +€14,917
up €14,917 (+48.4%), from €30,831 to €45,748
- Depreciation -€5,071
down €5,071 (-30.6%), from €16,555 to €11,485
- Taxes +€5,028
up €5,028 (+147%), from €3,432 to €8,460
- Other operating charges +€586
up €586 (+87.7%), from €668 to €1,254
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 | €76,510 | €94,095 | +€17,584 | +23.0% |
| Fixed assets | 21/28 | €41,405 | €37,313 | -€4,092 | -9.9% |
| Tangible fixed assets | 22/27 | €41,405 | €37,313 | -€4,092 | -9.9% |
| Plant, machinery and equipment | 23 | €7,263 | €7,405 | +€142 | +2.0% |
| Furniture and vehicles | 24 | €34,142 | €29,907 | -€4,235 | -12.4% |
| Current assets | 29/58 | €35,105 | €56,782 | +€21,677 | +61.7% |
| Amounts receivable within one year | 40/41 | €17,342 | €14,136 | -€3,207 | -18.5% |
| Trade receivables | 40 | €5,981 | €2,204 | -€3,777 | -63.1% |
| Other amounts receivable | 41 | €11,362 | €11,932 | +€570 | +5.0% |
| Cash at bank and in hand | 54/58 | €14,249 | €39,924 | +€25,675 | +180% |
| Deferred charges and accrued income | 490/1 | €3,514 | €2,723 | -€791 | -22.5% |
| Total equity and liabilities | 10/49 | €76,510 | €94,095 | +€17,584 | +23.0% |
| Equity | 10/15 | €75,473 | €29,822 | -€45,651 | -60.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €72,973 | €27,322 | -€45,651 | -62.6% |
| Amounts payable | 17/49 | €1,037 | €64,273 | +€63,236 | +6,098% |
| Amounts payable within one year | 42/48 | €1,037 | €64,273 | +€63,236 | +6,098% |
| Trade debts | 44 | €147 | €451 | +€304 | +206% |
| Suppliers | 440/4 | €147 | €451 | +€304 | +206% |
| Taxes, remuneration and social security | 45 | €890 | €4,321 | +€3,432 | +386% |
| Taxes | 450/3 | €890 | €4,321 | +€3,432 | +386% |
| Other amounts payable | 47/48 | - | €59,500 | +€59,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,555 | €11,485 | -€5,071 | -30.6% |
| Other operating charges | 640/8 | €668 | €1,254 | +€586 | +87.7% |
| Gross operating margin | 9900 | €30,831 | €45,748 | +€14,917 | +48.4% |
| Operating profit (loss) | 9901 | €13,608 | €33,009 | +€19,402 | +143% |
| Financial charges | 65/66B | €164 | €201 | +€37 | +22.7% |
| Recurring financial charges | 65 | €164 | €201 | +€37 | +22.7% |
| Profit (loss) for the period before taxes | 9903 | €13,444 | €32,808 | +€19,365 | +144% |
| Income taxes | 67/77 | €3,432 | €8,460 | +€5,028 | +147% |
| Profit (loss) for the period | 9904 | €10,012 | €24,349 | +€14,337 | +143% |
| Profit (loss) for the period to be appropriated | 9905 | €10,012 | €24,349 | +€14,337 | +143% |
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 13 October 2026 via checked.be.