DE VREE & Partners: 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 VREE & Partners
Largest movements
- Cash +€108,930
up €108,930 (+47.1%), from €231,277 to €340,207
mainly Trade debts (+€97,737) and Depreciation (+€11,794)
- Tangible fixed assets -€9,355
down €9,355 (-31.1%), from €30,115 to €20,761
of which Furniture and vehicles: -€8,142
- Deferred charges and accrued income +€4,481
up €4,481 (+18.4%), from €24,291 to €28,772
- Trade debts +€97,737
up €97,737 (+42.7%), from €228,633 to €326,371
of which Suppliers: +€115,149
- Profit (loss) carried forward +€8,940
up €8,940 (+23.3%), from €38,342 to €47,282
- Tax, wage and social debts -€4,589
down €4,589 (-32.9%), from €13,965 to €9,376
of which Taxes: -€4,642
- Gross operating margin -€21,366
down €21,366 (-22.5%), from €94,770 to €73,404
- Taxes -€2,632
down €2,632 (-32.6%), from €8,067 to €5,435
- Depreciation -€1,414
down €1,414 (-10.7%), from €13,208 to €11,794
- Staff costs +€1,194
up €1,194 (+2.8%), from €42,880 to €44,074
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 | €300,429 | €401,598 | +€101,169 | +33.7% |
| Fixed assets | 21/28 | €30,115 | €20,761 | -€9,355 | -31.1% |
| Tangible fixed assets | 22/27 | €30,115 | €20,761 | -€9,355 | -31.1% |
| Plant, machinery and equipment | 23 | €4,129 | €2,917 | -€1,212 | -29.4% |
| Furniture and vehicles | 24 | €25,986 | €17,843 | -€8,142 | -31.3% |
| Current assets | 29/58 | €270,314 | €380,837 | +€110,524 | +40.9% |
| Amounts receivable within one year | 40/41 | €14,745 | €11,858 | -€2,887 | -19.6% |
| Other amounts receivable | 41 | €14,745 | €11,858 | -€2,887 | -19.6% |
| Cash at bank and in hand | 54/58 | €231,277 | €340,207 | +€108,930 | +47.1% |
| Deferred charges and accrued income | 490/1 | €24,291 | €28,772 | +€4,481 | +18.4% |
| Total equity and liabilities | 10/49 | €300,429 | €401,598 | +€101,169 | +33.7% |
| Equity | 10/15 | €56,912 | €65,852 | +€8,940 | +15.7% |
| Contributions | 10/11 | €18,570 | €18,570 | = | 0.0% |
| Capital | 10 | - | €18,550 | +€18,550 | |
| Issued capital | 100 | - | €18,550 | +€18,550 | |
| Contributions outside capital | 11 | €18,570 | €20 | -€18,550 | -99.9% |
| Share premium | 1100/10 | - | €20 | +€20 | |
| Other | 1109/19 | €18,570 | - | -€18,570 | |
| Profit (loss) carried forward | 14 | €38,342 | €47,282 | +€8,940 | +23.3% |
| Amounts payable | 17/49 | €243,517 | €335,746 | +€92,229 | +37.9% |
| Amounts payable within one year | 42/48 | €243,517 | €335,746 | +€92,229 | +37.9% |
| Current portion of amounts payable after more than one year | 42 | €919 | - | -€919 | |
| Trade debts | 44 | €228,633 | €326,371 | +€97,737 | +42.7% |
| Suppliers | 440/4 | €41,290 | €156,439 | +€115,149 | +279% |
| Bills of exchange payable | 441 | €187,344 | €169,932 | -€17,412 | -9.3% |
| Taxes, remuneration and social security | 45 | €13,965 | €9,376 | -€4,589 | -32.9% |
| Taxes | 450/3 | €10,077 | €5,435 | -€4,642 | -46.1% |
| Remuneration and social security | 454/9 | €3,888 | €3,940 | +€53 | +1.4% |
| Remuneration, social security and pensions | 62 | €42,880 | €44,074 | +€1,194 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,208 | €11,794 | -€1,414 | -10.7% |
| Other operating charges | 640/8 | €3,000 | €2,271 | -€730 | -24.3% |
| Gross operating margin | 9900 | €94,770 | €73,404 | -€21,366 | -22.5% |
| Operating profit (loss) | 9901 | €35,681 | €15,265 | -€20,416 | -57.2% |
| Financial income | 75/76B | €91 | €209 | +€118 | +129% |
| Recurring financial income | 75 | €91 | €209 | +€118 | +129% |
| Financial charges | 65/66B | €553 | €1,099 | +€547 | +98.9% |
| Recurring financial charges | 65 | €553 | €1,099 | +€547 | +98.9% |
| Profit (loss) for the period before taxes | 9903 | €35,220 | €14,375 | -€20,845 | -59.2% |
| Income taxes | 67/77 | €8,067 | €5,435 | -€2,632 | -32.6% |
| Profit (loss) for the period | 9904 | €27,153 | €8,940 | -€18,213 | -67.1% |
| Profit (loss) for the period to be appropriated | 9905 | €27,153 | €8,940 | -€18,213 | -67.1% |
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 21 October 2026 via checked.be.