DE VOETBEEK: 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 VOETBEEK
Largest movements
- Cash -€13,836
down €13,836 (-88.0%), from €15,718 to €1,882
mainly Trade debts (-€42,824) and Investment in fixed assets (net) (-€15,401)
- Tangible fixed assets +€9,740
up €9,740 (+19.2%), from €50,726 to €60,466
of which Land and buildings: +€10,784
- Receivables within one year -€5,469
down €5,469 (-1.5%), from €365,172 to €359,703
of which Other amounts receivable: -€9,401
- Trade debts -€42,824
down €42,824 (-12.5%), from €342,246 to €299,422
- Profit (loss) carried forward +€29,370
up €29,370 (+70.8%), from -€41,489 to -€12,119
- Tax, wage and social debts +€8,321
up €8,321 (+50.1%), from €16,606 to €24,927
- Other debts -€4,431
down €4,431 (-19.4%), from €22,870 to €18,439
- Write-downs -€56,860
new in 2025: -€56,860
- Gross operating margin -€22,192
down €22,192, from €8,280 to -€13,912
- Taxes +€8,721
up €8,721 (+112%), from €7,804 to €16,525
- Depreciation +€1,118
up €1,118 (+24.6%), from €4,542 to €5,661
- Financial income +€914
up €914 (+7.5%), from €12,137 to €13,051
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 | €431,615 | €422,051 | -€9,564 | -2.2% |
| Fixed assets | 21/28 | €50,726 | €60,466 | +€9,740 | +19.2% |
| Tangible fixed assets | 22/27 | €50,726 | €60,466 | +€9,740 | +19.2% |
| Land and buildings | 22 | €38,302 | €49,085 | +€10,784 | +28.2% |
| Furniture and vehicles | 24 | €12,424 | €10,703 | -€1,722 | -13.9% |
| Other tangible fixed assets | 26 | - | €678 | +€678 | |
| Current assets | 29/58 | €380,889 | €361,585 | -€19,304 | -5.1% |
| Amounts receivable within one year | 40/41 | €365,172 | €359,703 | -€5,469 | -1.5% |
| Trade receivables | 40 | €9,574 | €13,506 | +€3,933 | +41.1% |
| Other amounts receivable | 41 | €355,598 | €346,197 | -€9,401 | -2.6% |
| Cash at bank and in hand | 54/58 | €15,718 | €1,882 | -€13,836 | -88.0% |
| Total equity and liabilities | 10/49 | €431,615 | €422,051 | -€9,564 | -2.2% |
| Equity | 10/15 | €26,711 | €56,081 | +€29,370 | +110% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,489 | -€12,119 | +€29,370 | +70.8% |
| Amounts payable | 17/49 | €404,904 | €365,970 | -€38,934 | -9.6% |
| Amounts payable within one year | 42/48 | €404,904 | €365,970 | -€38,934 | -9.6% |
| Current portion of amounts payable after more than one year | 42 | €2,000 | €2,000 | = | 0.0% |
| Trade debts | 44 | €342,246 | €299,422 | -€42,824 | -12.5% |
| Suppliers | 440/4 | €342,246 | €299,422 | -€42,824 | -12.5% |
| Advances received on contracts in progress | 46 | €21,182 | €21,182 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €16,606 | €24,927 | +€8,321 | +50.1% |
| Taxes | 450/3 | €16,606 | €24,927 | +€8,321 | +50.1% |
| Other amounts payable | 47/48 | €22,870 | €18,439 | -€4,431 | -19.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,542 | €5,661 | +€1,118 | +24.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€56,860 | -€56,860 | |
| Other operating charges | 640/8 | €4,308 | €4,340 | +€31 | +0.7% |
| Gross operating margin | 9900 | €8,280 | -€13,912 | -€22,192 | |
| Operating profit (loss) | 9901 | -€570 | €32,948 | +€33,518 | |
| Financial income | 75/76B | €12,137 | €13,051 | +€914 | +7.5% |
| Recurring financial income | 75 | €12,137 | €13,051 | +€914 | +7.5% |
| Financial charges | 65/66B | €91 | €104 | +€13 | +14.4% |
| Recurring financial charges | 65 | €91 | €104 | +€13 | +14.4% |
| Profit (loss) for the period before taxes | 9903 | €11,476 | €45,895 | +€34,419 | +300% |
| Income taxes | 67/77 | €7,804 | €16,525 | +€8,721 | +112% |
| Profit (loss) for the period | 9904 | €3,672 | €29,370 | +€25,698 | +700% |
| Profit (loss) for the period to be appropriated | 9905 | €3,672 | €29,370 | +€25,698 | +700% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.