De Volksvriend: 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 Volksvriend
Largest movements
- Cash +€9,414
up €9,414 (+385%), from €2,444 to €11,858
mainly Tax, wage and social debts (+€35,329) and Receivables within one year (+€7,674)
- Receivables within one year -€7,674
down €7,674 (-49.2%), from €15,599 to €7,925
of which Trade receivables: -€7,685
- Stocks and contracts -€5,152
down €5,152 (-46.0%), from €11,195 to €6,043
- Tangible fixed assets -€3,993
down €3,993 (-12.5%), from €32,028 to €28,035
of which Land and buildings: -€2,722
- Profit (loss) carried forward -€42,533
down €42,533, from €7,361 to -€35,171
- Tax, wage and social debts +€35,329
up €35,329 (+660%), from €5,355 to €40,684
of which Remuneration and social security: +€34,000
- Other debts -€866
down €866 (-2.3%), from €37,299 to €36,433
- Trade debts +€664
up €664 (+10.6%), from €6,250 to €6,914
- Gross operating margin -€56,352
down €56,352, from €20,629 to -€35,723
- Staff costs -€9,123
no longer reported in 2025 (was €9,123)
- Depreciation +€2,481
up €2,481 (+164%), from €1,512 to €3,993
- Taxes -€2,240
no longer reported in 2025 (was €2,240)
- Other operating charges +€2,234
up €2,234 (+994%), from €225 to €2,459
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 | €61,266 | €53,860 | -€7,406 | -12.1% |
| Fixed assets | 21/28 | €32,028 | €28,035 | -€3,993 | -12.5% |
| Tangible fixed assets | 22/27 | €32,028 | €28,035 | -€3,993 | -12.5% |
| Land and buildings | 22 | €26,414 | €23,692 | -€2,722 | -10.3% |
| Plant, machinery and equipment | 23 | €5,614 | €4,343 | -€1,271 | -22.6% |
| Current assets | 29/58 | €29,238 | €25,825 | -€3,413 | -11.7% |
| Stocks and contracts in progress | 3 | €11,195 | €6,043 | -€5,152 | -46.0% |
| Stocks | 30/36 | €11,195 | €6,043 | -€5,152 | -46.0% |
| Amounts receivable within one year | 40/41 | €15,599 | €7,925 | -€7,674 | -49.2% |
| Trade receivables | 40 | €7,728 | €43 | -€7,685 | -99.4% |
| Other amounts receivable | 41 | €7,871 | €7,882 | +€11 | +0.1% |
| Cash at bank and in hand | 54/58 | €2,444 | €11,858 | +€9,414 | +385% |
| Total equity and liabilities | 10/49 | €61,266 | €53,860 | -€7,406 | -12.1% |
| Equity | 10/15 | €12,361 | -€30,171 | -€42,533 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,361 | -€35,171 | -€42,533 | |
| Amounts payable | 17/49 | €48,905 | €84,031 | +€35,126 | +71.8% |
| Amounts payable within one year | 42/48 | €48,905 | €84,031 | +€35,126 | +71.8% |
| Trade debts | 44 | €6,250 | €6,914 | +€664 | +10.6% |
| Suppliers | 440/4 | €6,250 | €6,914 | +€664 | +10.6% |
| Taxes, remuneration and social security | 45 | €5,355 | €40,684 | +€35,329 | +660% |
| Taxes | 450/3 | €5,355 | €6,684 | +€1,329 | +24.8% |
| Remuneration and social security | 454/9 | - | €34,000 | +€34,000 | |
| Other amounts payable | 47/48 | €37,299 | €36,433 | -€866 | -2.3% |
| Remuneration, social security and pensions | 62 | €9,123 | - | -€9,123 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,512 | €3,993 | +€2,481 | +164% |
| Other operating charges | 640/8 | €225 | €2,459 | +€2,234 | +994% |
| Gross operating margin | 9900 | €20,629 | -€35,723 | -€56,352 | |
| Operating profit (loss) | 9901 | €9,769 | -€42,175 | -€51,944 | |
| Financial income | 75/76B | €1 | €9 | +€9 | +1,257% |
| Recurring financial income | 75 | €1 | €9 | +€9 | +1,257% |
| Financial charges | 65/66B | €168 | €367 | +€199 | +118% |
| Recurring financial charges | 65 | €168 | €367 | +€199 | +118% |
| Profit (loss) for the period before taxes | 9903 | €9,602 | -€42,533 | -€52,134 | |
| Income taxes | 67/77 | €2,240 | - | -€2,240 | |
| Profit (loss) for the period | 9904 | €7,361 | -€42,533 | -€49,894 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,361 | -€42,533 | -€49,894 |
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 28 October 2026 via checked.be.