DE VRIES: 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 VRIES
Largest movements
- Receivables within one year -€44,978
down €44,978 (-31.0%), from €144,982 to €100,005
of which Trade receivables: -€42,872
- Cash -€34,420
down €34,420 (-76.5%), from €44,971 to €10,551
mainly Net result for the year (-€50,262) and Investment in fixed assets (net) (-€36,414)
- Tangible fixed assets +€8,495
up €8,495 (+18.4%), from €46,164 to €54,659
of which Furniture and vehicles: +€14,710
- Profit (loss) carried forward -€47,712
down €47,712 (-57.9%), from -€82,389 to -€130,101
- Other debts -€24,532
down €24,532 (-30.0%), from €81,649 to €57,117
- Accrued charges and deferred income +€3,618
up €3,618 (+969.8%), from €373 to €3,991
- Tax, wage and social debts +€2,989
up €2,989 (+484.8%), from €617 to €3,606
- Reserves -€2,550
down €2,550 (-1.6%), from €159,453 to €156,903
of which Tax-exempt reserves: -€2,550
- Financial charges +€6,321
up €6,321 (+13414.6%), from €47 to €6,368
- Gross operating margin +€4,470
up €4,470 (+23.8%), from -€18,821 to -€14,351
- Depreciation +€2,480
up €2,480 (+9.7%), from €25,439 to €27,919
- Other operating charges -€1,073
down €1,073 (-27.4%), from €3,913 to €2,840
- Financial income -€300
down €300 (-37.1%), from €809 to €509
of which Financial income: -€713
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 | €238,610 | €167,563 | -€71,047 | -29.8% |
| Fixed assets | 21/28 | €46,164 | €54,659 | +€8,495 | +18.4% |
| Tangible fixed assets | 22/27 | €46,164 | €54,659 | +€8,495 | +18.4% |
| Land and buildings | 22 | €7,206 | €5,541 | -€1,665 | -23.1% |
| Plant, machinery and equipment | 23 | €23,697 | €19,146 | -€4,550 | -19.2% |
| Furniture and vehicles | 24 | €15,262 | €29,972 | +€14,710 | +96.4% |
| Current assets | 29/58 | €192,446 | €112,903 | -€79,542 | -41.3% |
| Amounts receivable within one year | 40/41 | €144,982 | €100,005 | -€44,978 | -31.0% |
| Trade receivables | 40 | €142,837 | €99,965 | -€42,872 | -30.0% |
| Other amounts receivable | 41 | €2,145 | €39 | -€2,106 | -98.2% |
| Cash at bank and in hand | 54/58 | €44,971 | €10,551 | -€34,420 | -76.5% |
| Deferred charges and accrued income | 490/1 | €2,492 | €2,348 | -€144 | -5.8% |
| Total equity and liabilities | 10/49 | €238,610 | €167,563 | -€71,047 | -29.8% |
| Equity | 10/15 | €151,434 | €101,172 | -€50,262 | -33.2% |
| Contributions | 10/11 | €74,370 | €74,370 | = | 0.0% |
| Capital | 10 | €74,370 | €74,370 | = | 0.0% |
| Issued capital | 100 | €74,370 | €74,370 | = | 0.0% |
| Reserves | 13 | €159,453 | €156,903 | -€2,550 | -1.6% |
| Non-distributable reserves | 130/1 | €7,437 | €7,437 | = | 0.0% |
| Legal reserve | 130 | €7,437 | €7,437 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,550 | - | -€2,550 | |
| Distributable reserves | 133 | €149,466 | €149,466 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€82,389 | -€130,101 | -€47,712 | -57.9% |
| Provisions and deferred taxes | 16 | €850 | - | -€850 | |
| Deferred taxes | 168 | €850 | - | -€850 | |
| Amounts payable | 17/49 | €86,326 | €66,391 | -€19,935 | -23.1% |
| Amounts payable within one year | 42/48 | €85,953 | €62,400 | -€23,553 | -27.4% |
| Trade debts | 44 | €3,687 | €1,677 | -€2,010 | -54.5% |
| Suppliers | 440/4 | €3,687 | €1,677 | -€2,010 | -54.5% |
| Taxes, remuneration and social security | 45 | €617 | €3,606 | +€2,989 | +484.8% |
| Taxes | 450/3 | €617 | €3,606 | +€2,989 | +484.8% |
| Other amounts payable | 47/48 | €81,649 | €57,117 | -€24,532 | -30.0% |
| Accrued charges and deferred income | 492/3 | €373 | €3,991 | +€3,618 | +969.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,439 | €27,919 | +€2,480 | +9.7% |
| Other operating charges | 640/8 | €3,913 | €2,840 | -€1,073 | -27.4% |
| Gross operating margin | 9900 | -€18,821 | -€14,351 | +€4,470 | +23.8% |
| Operating profit (loss) | 9901 | -€48,174 | -€45,110 | +€3,064 | +6.4% |
| Financial income | 75/76B | €809 | €509 | -€300 | -37.1% |
| Recurring financial income | 75 | €809 | €96 | -€713 | -88.1% |
| Non-recurring financial income | 76B | - | €413 | +€413 | |
| Financial charges | 65/66B | €47 | €6,368 | +€6,321 | +13414.6% |
| Recurring financial charges | 65 | €47 | €6,368 | +€6,321 | +13414.6% |
| Profit (loss) for the period before taxes | 9903 | -€47,412 | -€50,969 | -€3,557 | -7.5% |
| Transfer from deferred taxes | 780 | €850 | €850 | = | 0.0% |
| Income taxes | 67/77 | €60 | €143 | +€82 | +136.8% |
| Profit (loss) for the period | 9904 | -€46,622 | -€50,262 | -€3,640 | -7.8% |
| Transfer from tax-exempt reserves | 789 | €2,550 | €2,550 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€44,072 | -€47,712 | -€3,640 | -8.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.