DE VOGHT: 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 VOGHT
Largest movements
- Cash +€7,180
up €7,180 (+119%), from €6,058 to €13,239
mainly Net result for the year (+€8,124) and Receivables within one year (+€5,966)
- Receivables within one year -€5,966
down €5,966 (-57.9%), from €10,301 to €4,335
of which Trade receivables: -€6,021
- Reserves +€8,124
up €8,124 (+12.0%), from €67,906 to €76,030
- Tax, wage and social debts -€6,081
down €6,081 (-65.2%), from €9,323 to €3,242
- Trade debts +€2,945
up €2,945 (+324%), from €908 to €3,852
- Other debts -€2,811
no longer reported in 2025 (was €2,811)
- Gross operating margin -€1,309
down €1,309 (-10.5%), from €12,525 to €11,216
- Other operating charges +€626
up €626 (+48.1%), from €1,301 to €1,927
- Taxes -€624
down €624 (-16.1%), from €3,866 to €3,242
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 | €99,498 | €101,674 | +€2,176 | +2.2% |
| Current assets | 29/58 | €99,498 | €101,674 | +€2,176 | +2.2% |
| Amounts receivable after more than one year | 29 | €78,000 | €78,000 | = | 0.0% |
| Other amounts receivable | 291 | €78,000 | €78,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €10,301 | €4,335 | -€5,966 | -57.9% |
| Trade receivables | 40 | €9,866 | €3,845 | -€6,021 | -61.0% |
| Other amounts receivable | 41 | €435 | €490 | +€56 | +12.8% |
| Cash at bank and in hand | 54/58 | €6,058 | €13,239 | +€7,180 | +119% |
| Deferred charges and accrued income | 490/1 | €5,138 | €6,100 | +€962 | +18.7% |
| Total equity and liabilities | 10/49 | €99,498 | €101,674 | +€2,176 | +2.2% |
| Equity | 10/15 | €86,456 | €94,580 | +€8,124 | +9.4% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €67,906 | €76,030 | +€8,124 | +12.0% |
| Distributable reserves | 133 | €67,906 | €76,030 | +€8,124 | +12.0% |
| Amounts payable | 17/49 | €13,042 | €7,094 | -€5,948 | -45.6% |
| Amounts payable within one year | 42/48 | €13,042 | €7,094 | -€5,948 | -45.6% |
| Trade debts | 44 | €908 | €3,852 | +€2,945 | +324% |
| Suppliers | 440/4 | €908 | €3,852 | +€2,945 | +324% |
| Taxes, remuneration and social security | 45 | €9,323 | €3,242 | -€6,081 | -65.2% |
| Taxes | 450/3 | €9,323 | €3,242 | -€6,081 | -65.2% |
| Other amounts payable | 47/48 | €2,811 | - | -€2,811 | |
| Other operating charges | 640/8 | €1,301 | €1,927 | +€626 | +48.1% |
| Gross operating margin | 9900 | €12,525 | €11,216 | -€1,309 | -10.5% |
| Operating profit (loss) | 9901 | €11,224 | €9,289 | -€1,935 | -17.2% |
| Financial income | 75/76B | €2,120 | €2,144 | +€24 | +1.1% |
| Recurring financial income | 75 | €2,120 | €2,144 | +€24 | +1.1% |
| Financial charges | 65/66B | €74 | €67 | -€7 | -9.2% |
| Recurring financial charges | 65 | €74 | €67 | -€7 | -9.2% |
| Profit (loss) for the period before taxes | 9903 | €13,270 | €11,366 | -€1,905 | -14.4% |
| Income taxes | 67/77 | €3,866 | €3,242 | -€624 | -16.1% |
| Profit (loss) for the period | 9904 | €9,404 | €8,124 | -€1,280 | -13.6% |
| Profit (loss) for the period to be appropriated | 9905 | €9,404 | €8,124 | -€1,280 | -13.6% |
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 27 October 2026 via checked.be.