DE VOS GINO: 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 VOS GINO
Largest movements
- Tangible fixed assets -€10,000
down €10,000 (-15.2%), from €65,775 to €55,775
of which Furniture and vehicles: -€11,965
- Stocks and contracts +€2,589
up €2,589 (+6.3%), from €41,186 to €43,775
- Receivables within one year -€2,205
down €2,205 (-25.9%), from €8,503 to €6,298
of which Trade receivables: -€2,079
- Cash +€2,111
up €2,111 (+11.6%), from €18,273 to €20,384
mainly Depreciation (+€23,000) and Net result for the year (+€11,540)
- Reserves +€11,540
up €11,540 (+19.9%), from €57,957 to €69,497
- Debts after one year -€9,915
down €9,915 (-39.8%), from €24,914 to €15,000
- Trade debts -€3,926
down €3,926 (-38.7%), from €10,144 to €6,218
- Other debts -€2,910
down €2,910 (-47.1%), from €6,178 to €3,268
- Current portion of long-term debt -€1,472
down €1,472 (-12.9%), from €11,386 to €9,915
- Depreciation +€14,201
up €14,201 (+161%), from €8,799 to €23,000
- Gross operating margin +€6,040
up €6,040 (+15.8%), from €38,309 to €44,349
- Taxes -€1,377
down €1,377 (-17.5%), from €7,888 to €6,511
- Financial charges +€683
up €683 (+58.5%), from €1,168 to €1,851
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 | €136,157 | €130,006 | -€6,151 | -4.5% |
| Fixed assets | 21/28 | €65,775 | €55,775 | -€10,000 | -15.2% |
| Tangible fixed assets | 22/27 | €65,775 | €55,775 | -€10,000 | -15.2% |
| Land and buildings | 22 | €16,978 | €13,031 | -€3,946 | -23.2% |
| Plant, machinery and equipment | 23 | €13,789 | €19,701 | +€5,912 | +42.9% |
| Furniture and vehicles | 24 | €35,008 | €23,043 | -€11,965 | -34.2% |
| Current assets | 29/58 | €70,382 | €74,231 | +€3,849 | +5.5% |
| Stocks and contracts in progress | 3 | €41,186 | €43,775 | +€2,589 | +6.3% |
| Stocks | 30/36 | €41,186 | €43,775 | +€2,589 | +6.3% |
| Amounts receivable within one year | 40/41 | €8,503 | €6,298 | -€2,205 | -25.9% |
| Trade receivables | 40 | €6,008 | €3,929 | -€2,079 | -34.6% |
| Other amounts receivable | 41 | €2,496 | €2,370 | -€126 | -5.0% |
| Cash at bank and in hand | 54/58 | €18,273 | €20,384 | +€2,111 | +11.6% |
| Deferred charges and accrued income | 490/1 | €2,420 | €3,774 | +€1,354 | +56.0% |
| Total equity and liabilities | 10/49 | €136,157 | €130,006 | -€6,151 | -4.5% |
| Equity | 10/15 | €76,092 | €87,632 | +€11,540 | +15.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €57,957 | €69,497 | +€11,540 | +19.9% |
| Distributable reserves | 133 | €57,957 | €69,497 | +€11,540 | +19.9% |
| Profit (loss) carried forward | 14 | €11,936 | €11,936 | = | 0.0% |
| Amounts payable | 17/49 | €60,064 | €42,374 | -€17,691 | -29.5% |
| Amounts payable after more than one year | 17 | €24,914 | €15,000 | -€9,915 | -39.8% |
| Financial debts | 170/4 | €24,914 | €15,000 | -€9,915 | -39.8% |
| Amounts payable within one year | 42/48 | €35,150 | €27,374 | -€7,776 | -22.1% |
| Current portion of amounts payable after more than one year | 42 | €11,386 | €9,915 | -€1,472 | -12.9% |
| Trade debts | 44 | €10,144 | €6,218 | -€3,926 | -38.7% |
| Suppliers | 440/4 | €10,144 | €6,218 | -€3,926 | -38.7% |
| Advances received on contracts in progress | 46 | - | €485 | +€485 | |
| Taxes, remuneration and social security | 45 | €7,441 | €7,488 | +€46 | +0.6% |
| Taxes | 450/3 | €7,441 | €7,488 | +€46 | +0.6% |
| Other amounts payable | 47/48 | €6,178 | €3,268 | -€2,910 | -47.1% |
| Non-recurring operating income | 76A | €4,500 | €21,230 | +€16,730 | +372% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,799 | €23,000 | +€14,201 | +161% |
| Other operating charges | 640/8 | €1,211 | €1,484 | +€274 | +22.6% |
| Gross operating margin | 9900 | €38,309 | €44,349 | +€6,040 | +15.8% |
| Operating profit (loss) | 9901 | €28,299 | €19,864 | -€8,435 | -29.8% |
| Financial income | 75/76B | €26 | €38 | +€11 | +43.4% |
| Recurring financial income | 75 | €26 | €38 | +€11 | +43.4% |
| Financial charges | 65/66B | €1,168 | €1,851 | +€683 | +58.5% |
| Recurring financial charges | 65 | €1,168 | €1,851 | +€683 | +58.5% |
| Profit (loss) for the period before taxes | 9903 | €27,158 | €18,052 | -€9,106 | -33.5% |
| Income taxes | 67/77 | €7,888 | €6,511 | -€1,377 | -17.5% |
| Profit (loss) for the period | 9904 | €19,269 | €11,540 | -€7,729 | -40.1% |
| Profit (loss) for the period to be appropriated | 9905 | €19,269 | €11,540 | -€7,729 | -40.1% |
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 23 October 2026 via checked.be.