DE VREDEBORG: what changed
Two fiscal 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 VREDEBORG
Largest movements
- Current investments -€49,336
no longer reported in 2025 (was €49,336)
- Cash +€28,191
new in 2025: €28,191
mainly Current investments (+€49,336) and Tax, wage and social debts (+€874)
- Receivables within one year +€581
up €581 (+39.6%), from €1,466 to €2,048
of which Trade receivables: +€1,862
- Profit (loss) carried forward -€21,383
down €21,383 (-32.0%), from -€66,820 to -€88,203
- Tax, wage and social debts +€874
new in 2025: €874
- Gross operating margin -€1,485
down €1,485 (-9.9%), from -€14,987 to -€16,472
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 | €53,826 | €33,402 | -€20,424 | -37.9% |
| Current assets | 29/58 | €53,826 | €33,402 | -€20,424 | -37.9% |
| Amounts receivable within one year | 40/41 | €1,466 | €2,048 | +€581 | +39.6% |
| Trade receivables | 40 | - | €1,862 | +€1,862 | |
| Other amounts receivable | 41 | €1,466 | €186 | -€1,281 | -87.3% |
| Current investments | 50/53 | €49,336 | - | -€49,336 | |
| Cash at bank and in hand | 54/58 | - | €28,191 | +€28,191 | |
| Deferred charges and accrued income | 490/1 | €3,023 | €3,164 | +€141 | +4.7% |
| Total equity and liabilities | 10/49 | €53,826 | €33,402 | -€20,424 | -37.9% |
| Equity | 10/15 | €32,297 | €10,914 | -€21,383 | -66.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €80,517 | €80,517 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €78,657 | €78,657 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€66,820 | -€88,203 | -€21,383 | -32.0% |
| Amounts payable | 17/49 | €21,528 | €22,488 | +€960 | +4.5% |
| Amounts payable within one year | 42/48 | €21,528 | €22,488 | +€960 | +4.5% |
| Trade debts | 44 | - | €66 | +€66 | |
| Suppliers | 440/4 | - | €66 | +€66 | |
| Taxes, remuneration and social security | 45 | - | €874 | +€874 | |
| Taxes | 450/3 | - | €874 | +€874 | |
| Other amounts payable | 47/48 | €21,528 | €21,547 | +€19 | +0.1% |
| Other operating charges | 640/8 | €4,601 | €4,735 | +€134 | +2.9% |
| Gross operating margin | 9900 | -€14,987 | -€16,472 | -€1,485 | -9.9% |
| Operating profit (loss) | 9901 | -€19,588 | -€21,207 | -€1,620 | -8.3% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €211 | €176 | -€35 | -16.8% |
| Recurring financial charges | 65 | €211 | €176 | -€35 | -16.8% |
| Profit (loss) for the period before taxes | 9903 | -€19,798 | -€21,383 | -€1,585 | -8.0% |
| Profit (loss) for the period | 9904 | -€19,798 | -€21,383 | -€1,585 | -8.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€19,798 | -€21,383 | -€1,585 | -8.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.