DE VREESE et Co: 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 VREESE et Co
Largest movements
- Stocks and contracts +€2,401
new in 2025: €2,401
- Receivables within one year -€1,085
no longer reported in 2025 (was €1,085)
- Tangible fixed assets -€680
down €680 (-56.8%), from €1,196 to €516
of which Furniture and vehicles: -€680
- Cash -€599
down €599 (-93.0%), from €644 to €45
mainly Net result for the year (-€10,166) and Stocks and contracts (-€2,401)
- Profit (loss) carried forward -€10,166
down €10,166 (-37.0%), from -€27,491 to -€37,657
- Other debts +€5,555
up €5,555 (+100%), from €5,539 to €11,094
- Trade debts +€3,710
up €3,710 (+139%), from €2,668 to €6,377
- Short-term financial debts +€1,014
up €1,014 (+68.3%), from €1,485 to €2,499
of which Other loans: +€2,499
- Tax, wage and social debts -€76
down €76 (-27.9%), from €273 to €197
- Gross operating margin -€5,651
down €5,651 (-196%), from -€2,877 to -€8,527
- Depreciation -€2,045
down €2,045 (-75.0%), from €2,725 to €680
- Other operating charges -€458
down €458 (-68.2%), from €672 to €214
- Financial charges +€211
up €211 (+39.6%), from €534 to €745
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 | €2,926 | €2,962 | +€36 | +1.2% |
| Fixed assets | 21/28 | €1,196 | €516 | -€680 | -56.8% |
| Tangible fixed assets | 22/27 | €1,196 | €516 | -€680 | -56.8% |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | €1,196 | €516 | -€680 | -56.8% |
| Current assets | 29/58 | €1,730 | €2,446 | +€716 | +41.4% |
| Stocks and contracts in progress | 3 | - | €2,401 | +€2,401 | |
| Stocks | 30/36 | - | €2,401 | +€2,401 | |
| Amounts receivable within one year | 40/41 | €1,085 | - | -€1,085 | |
| Other amounts receivable | 41 | €1,085 | - | -€1,085 | |
| Cash at bank and in hand | 54/58 | €644 | €45 | -€599 | -93.0% |
| Total equity and liabilities | 10/49 | €2,926 | €2,962 | +€36 | +1.2% |
| Equity | 10/15 | -€7,039 | -€17,205 | -€10,166 | -144% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,491 | -€37,657 | -€10,166 | -37.0% |
| Amounts payable | 17/49 | €9,965 | €20,167 | +€10,202 | +102% |
| Amounts payable within one year | 42/48 | €9,965 | €20,167 | +€10,202 | +102% |
| Financial debts | 43 | €1,485 | €2,499 | +€1,014 | +68.3% |
| Credit institutions | 430/8 | €1,485 | - | -€1,485 | |
| Other loans | 439 | - | €2,499 | +€2,499 | |
| Trade debts | 44 | €2,668 | €6,377 | +€3,710 | +139% |
| Suppliers | 440/4 | €2,668 | €6,377 | +€3,710 | +139% |
| Taxes, remuneration and social security | 45 | €273 | €197 | -€76 | -27.9% |
| Taxes | 450/3 | €273 | €197 | -€76 | -27.9% |
| Other amounts payable | 47/48 | €5,539 | €11,094 | +€5,555 | +100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,725 | €680 | -€2,045 | -75.0% |
| Other operating charges | 640/8 | €672 | €214 | -€458 | -68.2% |
| Gross operating margin | 9900 | -€2,877 | -€8,527 | -€5,651 | -196% |
| Operating profit (loss) | 9901 | -€6,274 | -€9,421 | -€3,148 | -50.2% |
| Financial charges | 65/66B | €534 | €745 | +€211 | +39.6% |
| Recurring financial charges | 65 | €534 | €745 | +€211 | +39.6% |
| Profit (loss) for the period before taxes | 9903 | -€6,807 | -€10,166 | -€3,359 | -49.3% |
| Profit (loss) for the period | 9904 | -€6,807 | -€10,166 | -€3,359 | -49.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,807 | -€10,166 | -€3,359 | -49.3% |
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 20 October 2026 via checked.be.