DE VLIET: 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 VLIET
Largest movements
- Cash +€47,661
up €47,661 (+90.2%), from €52,860 to €100,521
mainly Net result for the year (+€43,386) and Stocks and contracts (+€10,348)
- Stocks and contracts -€10,348
down €10,348 (-36.9%), from €28,016 to €17,668
- Tangible fixed assets -€4,323
down €4,323 (-29.4%), from €14,696 to €10,374
of which Furniture and vehicles: -€3,601
- Receivables within one year -€2,307
down €2,307 (-17.7%), from €13,000 to €10,693
of which Other amounts receivable: -€9,189
- Reserves +€43,385
up €43,385 (+117.1%), from €37,065 to €80,450
of which Distributable reserves: +€43,385
- Trade debts -€6,879
down €6,879 (-100.0%), from €6,879 to €0
- Tax, wage and social debts -€5,824
down €5,824 (-23.4%), from €24,845 to €19,020
of which Remuneration and social security: -€5,694
- Staff costs -€100,030
down €100,030 (-42.6%), from €234,903 to €134,874
- Gross operating margin -€56,395
down €56,395 (-23.1%), from €244,625 to €188,229
- Taxes +€4,339
up €4,339, from €0 to €4,339
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 | €113,409 | €144,092 | +€30,683 | +27.1% |
| Fixed assets | 21/28 | €19,241 | €14,918 | -€4,323 | -22.5% |
| Tangible fixed assets | 22/27 | €14,696 | €10,374 | -€4,323 | -29.4% |
| Land and buildings | 22 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €1,811 | €1,215 | -€596 | -32.9% |
| Furniture and vehicles | 24 | €11,966 | €8,365 | -€3,601 | -30.1% |
| Other tangible fixed assets | 26 | €920 | €794 | -€126 | -13.7% |
| Financial fixed assets | 28 | €4,545 | €4,545 | = | 0.0% |
| Current assets | 29/58 | €94,168 | €129,174 | +€35,006 | +37.2% |
| Stocks and contracts in progress | 3 | €28,016 | €17,668 | -€10,348 | -36.9% |
| Stocks | 30/36 | €28,016 | €17,668 | -€10,348 | -36.9% |
| Amounts receivable within one year | 40/41 | €13,000 | €10,693 | -€2,307 | -17.7% |
| Trade receivables | 40 | - | €6,881 | +€6,881 | |
| Other amounts receivable | 41 | €13,000 | €3,812 | -€9,189 | -70.7% |
| Cash at bank and in hand | 54/58 | €52,860 | €100,521 | +€47,661 | +90.2% |
| Deferred charges and accrued income | 490/1 | €292 | €292 | +€0 | +0.1% |
| Total equity and liabilities | 10/49 | €113,409 | €144,092 | +€30,683 | +27.1% |
| Equity | 10/15 | €81,686 | €125,072 | +€43,386 | +53.1% |
| Contributions | 10/11 | €44,621 | €44,621 | = | 0.0% |
| Reserves | 13 | €37,065 | €80,450 | +€43,385 | +117.1% |
| Non-distributable reserves | 130/1 | €4,462 | €4,462 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,462 | €4,462 | = | 0.0% |
| Distributable reserves | 133 | €32,603 | €75,988 | +€43,385 | +133.1% |
| Profit (loss) carried forward | 14 | - | €1 | +€1 | |
| Amounts payable | 17/49 | €31,723 | €19,020 | -€12,703 | -40.0% |
| Amounts payable within one year | 42/48 | €31,723 | €19,020 | -€12,703 | -40.0% |
| Trade debts | 44 | €6,879 | €0 | -€6,879 | -100.0% |
| Suppliers | 440/4 | €6,879 | €0 | -€6,879 | -100.0% |
| Taxes, remuneration and social security | 45 | €24,845 | €19,020 | -€5,824 | -23.4% |
| Taxes | 450/3 | €9,473 | €9,343 | -€130 | -1.4% |
| Remuneration and social security | 454/9 | €15,371 | €9,677 | -€5,694 | -37.0% |
| Remuneration, social security and pensions | 62 | €234,903 | €134,874 | -€100,030 | -42.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,117 | €4,323 | +€206 | +5.0% |
| Other operating charges | 640/8 | €310 | €1,155 | +€845 | +273.0% |
| Gross operating margin | 9900 | €244,625 | €188,229 | -€56,395 | -23.1% |
| Operating profit (loss) | 9901 | €5,295 | €47,878 | +€42,583 | +804.2% |
| Financial income | 75/76B | €23 | €281 | +€257 | +1102.0% |
| Recurring financial income | 75 | €23 | €281 | +€257 | +1102.0% |
| Financial charges | 65/66B | €1,925 | €434 | -€1,491 | -77.5% |
| Recurring financial charges | 65 | €1,925 | €434 | -€1,491 | -77.5% |
| Profit (loss) for the period before taxes | 9903 | €3,394 | €47,725 | +€44,331 | +1306.2% |
| Income taxes | 67/77 | €0 | €4,339 | +€4,339 | |
| Profit (loss) for the period | 9904 | €3,394 | €43,386 | +€39,992 | +1178.4% |
| Profit (loss) for the period to be appropriated | 9905 | €3,394 | €43,386 | +€39,992 | +1178.4% |
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 6 October 2026 via checked.be.