DE VRIES PROJECTS: 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 PROJECTS
Largest movements
- Tangible fixed assets +€15,578
up €15,578 (+805.2%), from €1,935 to €17,512
of which Furniture and vehicles: +€13,839
- Receivables within one year +€8,204
up €8,204 (+27.6%), from €29,682 to €37,886
of which Trade receivables: +€10,345
- Cash +€6,906
up €6,906 (+99363.0%), from €7 to €6,913
mainly Net result for the year (+€15,319) and Tax, wage and social debts (+€11,315)
- Other debts -€13,953
down €13,953 (-44.9%), from €31,090 to €17,138
- Profit (loss) carried forward +€12,965
up €12,965, from -€12,965 to €0
- Tax, wage and social debts +€11,315
up €11,315 (+379.7%), from €2,980 to €14,295
- Trade debts +€8,062
up €8,062 (+378.5%), from €2,130 to €10,192
- Current portion of long-term debt +€5,616
new in 2025: €5,616
- Gross operating margin +€12,003
up €12,003 (+95.8%), from €12,523 to €24,526
- Taxes +€6,060
new in 2025: €6,060
- Depreciation +€1,170
up €1,170 (+361.3%), from €324 to €1,494
- Financial charges +€635
up €635 (+346.3%), from €183 to €818
- Other operating charges -€248
down €248 (-22.9%), from €1,083 to €834
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 | €31,829 | €62,835 | +€31,006 | +97.4% |
| Fixed assets | 21/28 | €1,935 | €17,512 | +€15,578 | +805.2% |
| Tangible fixed assets | 22/27 | €1,935 | €17,512 | +€15,578 | +805.2% |
| Plant, machinery and equipment | 23 | €1,935 | €3,674 | +€1,739 | +89.9% |
| Furniture and vehicles | 24 | - | €13,839 | +€13,839 | |
| Current assets | 29/58 | €29,895 | €45,323 | +€15,428 | +51.6% |
| Amounts receivable within one year | 40/41 | €29,682 | €37,886 | +€8,204 | +27.6% |
| Trade receivables | 40 | - | €10,345 | +€10,345 | |
| Other amounts receivable | 41 | €29,682 | €27,542 | -€2,140 | -7.2% |
| Cash at bank and in hand | 54/58 | €7 | €6,913 | +€6,906 | +99363.0% |
| Deferred charges and accrued income | 490/1 | €205 | €524 | +€318 | +155.0% |
| Total equity and liabilities | 10/49 | €31,829 | €62,835 | +€31,006 | +97.4% |
| Equity | 10/15 | -€4,905 | €10,414 | +€15,319 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €4,214 | +€2,354 | +126.6% |
| Distributable reserves | 133 | €1,860 | €4,214 | +€2,354 | +126.6% |
| Profit (loss) carried forward | 14 | -€12,965 | €0 | +€12,965 | |
| Amounts payable | 17/49 | €36,735 | €52,421 | +€15,687 | +42.7% |
| Amounts payable after more than one year | 17 | - | €5,126 | +€5,126 | |
| Financial debts | 170/4 | - | €5,126 | +€5,126 | |
| Amounts payable within one year | 42/48 | €36,200 | €47,241 | +€11,041 | +30.5% |
| Current portion of amounts payable after more than one year | 42 | - | €5,616 | +€5,616 | |
| Trade debts | 44 | €2,130 | €10,192 | +€8,062 | +378.5% |
| Suppliers | 440/4 | €2,130 | €10,192 | +€8,062 | +378.5% |
| Taxes, remuneration and social security | 45 | €2,980 | €14,295 | +€11,315 | +379.7% |
| Taxes | 450/3 | €2,980 | €14,295 | +€11,315 | +379.7% |
| Other amounts payable | 47/48 | €31,090 | €17,138 | -€13,953 | -44.9% |
| Accrued charges and deferred income | 492/3 | €534 | €54 | -€480 | -89.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €324 | €1,494 | +€1,170 | +361.3% |
| Other operating charges | 640/8 | €1,083 | €834 | -€248 | -22.9% |
| Gross operating margin | 9900 | €12,523 | €24,526 | +€12,003 | +95.8% |
| Operating profit (loss) | 9901 | €11,116 | €22,197 | +€11,081 | +99.7% |
| Financial income | 75/76B | €205 | €0 | -€205 | -100.0% |
| Recurring financial income | 75 | €205 | €0 | -€205 | -100.0% |
| Financial charges | 65/66B | €183 | €818 | +€635 | +346.3% |
| Recurring financial charges | 65 | €183 | €818 | +€635 | +346.3% |
| Profit (loss) for the period before taxes | 9903 | €11,138 | €21,379 | +€10,241 | +91.9% |
| Income taxes | 67/77 | - | €6,060 | +€6,060 | |
| Profit (loss) for the period | 9904 | €11,138 | €15,319 | +€4,181 | +37.5% |
| Profit (loss) for the period to be appropriated | 9905 | €11,138 | €15,319 | +€4,181 | +37.5% |
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 8 October 2026 via checked.be.