DE VOORMAT: 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 VOORMAT
Largest movements
- Tangible fixed assets -€40,688
down €40,688 (-6.5%), from €626,650 to €585,962
- Profit (loss) carried forward -€59,195
down €59,195 (-9.2%), from -€646,431 to -€705,626
- Current portion of long-term debt +€50,129
up €50,129 (+21.0%), from €238,755 to €288,884
- Debts after one year -€34,316
down €34,316 (-56.1%), from €61,205 to €26,889
- Revaluation surpluses -€33,333
down €33,333 (-10.0%), from €333,333 to €300,000
- Reserves +€33,333
up €33,333 (+19.1%), from €174,744 to €208,077
of which Distributable reserves: +€33,333
- Other operating charges +€4,658
up €4,658 (+161.5%), from €2,883 to €7,541
- Financial income +€3,239
up €3,239 (+1619430.0%), from €0 to €3,239
- Financial charges -€1,872
down €1,872 (-28.0%), from €6,685 to €4,813
- Gross operating margin +€1,692
up €1,692 (+15.3%), from -€11,083 to -€9,391
- Depreciation -€1,140
down €1,140 (-2.7%), from €41,828 to €40,688
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 | €639,998 | €597,136 | -€42,862 | -6.7% |
| Fixed assets | 21/28 | €626,885 | €586,197 | -€40,688 | -6.5% |
| Tangible fixed assets | 22/27 | €626,650 | €585,962 | -€40,688 | -6.5% |
| Land and buildings | 22 | €626,650 | €585,962 | -€40,688 | -6.5% |
| Financial fixed assets | 28 | €235 | €235 | = | 0.0% |
| Current assets | 29/58 | €13,113 | €10,939 | -€2,173 | -16.6% |
| Amounts receivable within one year | 40/41 | €9,000 | €9,000 | = | 0.0% |
| Trade receivables | 40 | €3,000 | €3,000 | = | 0.0% |
| Other amounts receivable | 41 | €6,000 | €6,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €4,113 | €1,939 | -€2,173 | -52.8% |
| Total equity and liabilities | 10/49 | €639,998 | €597,136 | -€42,862 | -6.7% |
| Equity | 10/15 | -€39,454 | -€98,648 | -€59,195 | -150.0% |
| Contributions | 10/11 | €98,900 | €98,900 | = | 0.0% |
| Revaluation surpluses | 12 | €333,333 | €300,000 | -€33,333 | -10.0% |
| Reserves | 13 | €174,744 | €208,077 | +€33,333 | +19.1% |
| Non-distributable reserves | 130/1 | €1,890 | €1,890 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,890 | €1,890 | = | 0.0% |
| Distributable reserves | 133 | €172,854 | €206,187 | +€33,333 | +19.3% |
| Profit (loss) carried forward | 14 | -€646,431 | -€705,626 | -€59,195 | -9.2% |
| Amounts payable | 17/49 | €679,452 | €695,785 | +€16,333 | +2.4% |
| Amounts payable after more than one year | 17 | €61,205 | €26,889 | -€34,316 | -56.1% |
| Financial debts | 170/4 | €61,205 | €26,889 | -€34,316 | -56.1% |
| Amounts payable within one year | 42/48 | €613,997 | €667,866 | +€53,868 | +8.8% |
| Current portion of amounts payable after more than one year | 42 | €238,755 | €288,884 | +€50,129 | +21.0% |
| Trade debts | 44 | €1,576 | €1,781 | +€205 | +13.0% |
| Suppliers | 440/4 | €1,576 | €1,781 | +€205 | +13.0% |
| Other amounts payable | 47/48 | €373,666 | €377,201 | +€3,535 | +0.9% |
| Accrued charges and deferred income | 492/3 | €4,249 | €1,030 | -€3,219 | -75.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,828 | €40,688 | -€1,140 | -2.7% |
| Other operating charges | 640/8 | €2,883 | €7,541 | +€4,658 | +161.5% |
| Gross operating margin | 9900 | -€11,083 | -€9,391 | +€1,692 | +15.3% |
| Operating profit (loss) | 9901 | -€55,794 | -€57,621 | -€1,827 | -3.3% |
| Financial income | 75/76B | €0 | €3,239 | +€3,239 | +1619430.0% |
| Recurring financial income | 75 | €0 | €3,239 | +€3,239 | +1619430.0% |
| Financial charges | 65/66B | €6,685 | €4,813 | -€1,872 | -28.0% |
| Recurring financial charges | 65 | €6,685 | €4,813 | -€1,872 | -28.0% |
| Profit (loss) for the period before taxes | 9903 | -€62,479 | -€59,195 | +€3,284 | +5.3% |
| Profit (loss) for the period | 9904 | -€62,479 | -€59,195 | +€3,284 | +5.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€62,479 | -€59,195 | +€3,284 | +5.3% |
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 11 October 2026 via checked.be.