DE VOS GUY: 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 GUY
Largest movements
- Stocks and contracts +€239,380
up €239,380 (+32.4%), from €739,293 to €978,673
- Cash -€222,523
down €222,523 (-82.4%), from €269,981 to €47,458
mainly Stocks and contracts (-€239,380) and Tax, wage and social debts (-€60,109)
- Reserves +€110,681
up €110,681 (+51.4%), from €215,159 to €325,841
- Tax, wage and social debts -€60,109
down €60,109 (-86.2%), from €69,761 to €9,651
- Trade debts -€27,088
down €27,088 (-97.8%), from €27,690 to €603
- Gross operating margin +€12,341
up €12,341 (+8.4%), from €146,525 to €158,866
- Financial income -€4,915
down €4,915 (-50.0%), from €9,826 to €4,911
- Taxes +€2,060
up €2,060 (+4.2%), from €49,592 to €51,651
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 | €1,011,291 | €1,031,613 | +€20,322 | +2.0% |
| Fixed assets | 21/28 | €1,500 | €1,500 | = | 0.0% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €1,009,791 | €1,030,113 | +€20,322 | +2.0% |
| Stocks and contracts in progress | 3 | €739,293 | €978,673 | +€239,380 | +32.4% |
| Stocks | 30/36 | €739,293 | €978,673 | +€239,380 | +32.4% |
| Amounts receivable within one year | 40/41 | €0 | €2,286 | +€2,286 | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | €2,286 | +€2,286 | |
| Cash at bank and in hand | 54/58 | €269,981 | €47,458 | -€222,523 | -82.4% |
| Deferred charges and accrued income | 490/1 | €517 | €1,697 | +€1,180 | +228.4% |
| Total equity and liabilities | 10/49 | €1,011,291 | €1,031,613 | +€20,322 | +2.0% |
| Equity | 10/15 | €910,649 | €1,021,330 | +€110,681 | +12.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €215,159 | €325,841 | +€110,681 | +51.4% |
| Distributable reserves | 133 | €215,159 | €325,841 | +€110,681 | +51.4% |
| Profit (loss) carried forward | 14 | €676,897 | €676,897 | = | 0.0% |
| Amounts payable | 17/49 | €100,642 | €10,283 | -€90,359 | -89.8% |
| Amounts payable within one year | 42/48 | €100,642 | €10,283 | -€90,359 | -89.8% |
| Trade debts | 44 | €27,690 | €603 | -€27,088 | -97.8% |
| Suppliers | 440/4 | €27,690 | €603 | -€27,088 | -97.8% |
| Taxes, remuneration and social security | 45 | €69,761 | €9,651 | -€60,109 | -86.2% |
| Taxes | 450/3 | €69,761 | €9,651 | -€60,109 | -86.2% |
| Other amounts payable | 47/48 | €3,191 | €29 | -€3,162 | -99.1% |
| Other operating charges | 640/8 | €1,108 | €1,143 | +€35 | +3.1% |
| Gross operating margin | 9900 | €146,525 | €158,866 | +€12,341 | +8.4% |
| Operating profit (loss) | 9901 | €145,417 | €157,724 | +€12,307 | +8.5% |
| Financial income | 75/76B | €9,826 | €4,911 | -€4,915 | -50.0% |
| Recurring financial income | 75 | €9,826 | €4,911 | -€4,915 | -50.0% |
| Financial charges | 65/66B | €291 | €301 | +€11 | +3.7% |
| Recurring financial charges | 65 | €291 | €301 | +€11 | +3.7% |
| Profit (loss) for the period before taxes | 9903 | €154,952 | €162,333 | +€7,381 | +4.8% |
| Income taxes | 67/77 | €49,592 | €51,651 | +€2,060 | +4.2% |
| Profit (loss) for the period | 9904 | €105,360 | €110,681 | +€5,321 | +5.1% |
| Profit (loss) for the period to be appropriated | 9905 | €105,360 | €110,681 | +€5,321 | +5.1% |
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 11 October 2026 via checked.be.