DE VRIEZE STEF: what changed
DE VRIEZE STEF
Largest movements
- Tangible fixed assets -€21,253
down €21,253 (-39.2%), from €54,283 to €33,030
of which Furniture and vehicles: -€12,940
- Stocks and contracts +€19,957
new in 2025: €19,957
- Cash +€11,699
up €11,699 (+45.0%), from €26,009 to €37,708
mainly Depreciation (+€21,253) and Other debts (+€13,459)
- Receivables within one year -€5,028
down €5,028 (-26.8%), from €18,730 to €13,702
of which Trade receivables: -€7,099
- Other debts +€13,459
up €13,459 (+155%), from €8,706 to €22,165
- Debts after one year -€9,895
down €9,895 (-30.3%), from €32,627 to €22,732
- Trade debts +€2,068
up €2,068 (+30.7%), from €6,735 to €8,803
- Gross operating margin -€2,503
down €2,503 (-9.2%), from €27,267 to €24,764
- Taxes -€432
down €432 (-50.5%), from €855 to €424
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €99,022 | €104,396 | +€5,375 | +5.4% |
| Fixed assets | 21/28 | €54,283 | €33,030 | -€21,253 | -39.2% |
| Tangible fixed assets | 22/27 | €54,283 | €33,030 | -€21,253 | -39.2% |
| Plant, machinery and equipment | 23 | €14,022 | €5,709 | -€8,313 | -59.3% |
| Furniture and vehicles | 24 | €40,261 | €27,321 | -€12,940 | -32.1% |
| Current assets | 29/58 | €44,739 | €71,366 | +€26,628 | +59.5% |
| Stocks and contracts in progress | 3 | - | €19,957 | +€19,957 | |
| Stocks | 30/36 | - | €19,957 | +€19,957 | |
| Amounts receivable within one year | 40/41 | €18,730 | €13,702 | -€5,028 | -26.8% |
| Trade receivables | 40 | €14,975 | €7,877 | -€7,099 | -47.4% |
| Other amounts receivable | 41 | €3,755 | €5,825 | +€2,071 | +55.2% |
| Cash at bank and in hand | 54/58 | €26,009 | €37,708 | +€11,699 | +45.0% |
| Total equity and liabilities | 10/49 | €99,022 | €104,396 | +€5,375 | +5.4% |
| Equity | 10/15 | €40,102 | €40,459 | +€357 | +0.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €37,102 | €37,459 | +€357 | +1.0% |
| Distributable reserves | 133 | €37,102 | €37,459 | +€357 | +1.0% |
| Amounts payable | 17/49 | €58,920 | €63,937 | +€5,017 | +8.5% |
| Amounts payable after more than one year | 17 | €32,627 | €22,732 | -€9,895 | -30.3% |
| Financial debts | 170/4 | €32,627 | €22,732 | -€9,895 | -30.3% |
| Amounts payable within one year | 42/48 | €26,293 | €41,206 | +€14,913 | +56.7% |
| Current portion of amounts payable after more than one year | 42 | €10,496 | €9,895 | -€601 | -5.7% |
| Trade debts | 44 | €6,735 | €8,803 | +€2,068 | +30.7% |
| Suppliers | 440/4 | €6,735 | €8,803 | +€2,068 | +30.7% |
| Taxes, remuneration and social security | 45 | €355 | €342 | -€13 | -3.7% |
| Taxes | 450/3 | €355 | €342 | -€13 | -3.7% |
| Other amounts payable | 47/48 | €8,706 | €22,165 | +€13,459 | +155% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,323 | €21,253 | -€70 | -0.3% |
| Other operating charges | 640/8 | €1,165 | €1,313 | +€148 | +12.7% |
| Gross operating margin | 9900 | €27,267 | €24,764 | -€2,503 | -9.2% |
| Operating profit (loss) | 9901 | €4,778 | €2,198 | -€2,581 | -54.0% |
| Financial income | 75/76B | €0 | €221 | +€221 | |
| Recurring financial income | 75 | €0 | €221 | +€221 | |
| Financial charges | 65/66B | €1,899 | €1,638 | -€261 | -13.7% |
| Recurring financial charges | 65 | €1,899 | €1,638 | -€261 | -13.7% |
| Profit (loss) for the period before taxes | 9903 | €2,880 | €781 | -€2,099 | -72.9% |
| Income taxes | 67/77 | €855 | €424 | -€432 | -50.5% |
| Profit (loss) for the period | 9904 | €2,025 | €357 | -€1,667 | -82.4% |
| Profit (loss) for the period to be appropriated | 9905 | €2,025 | €357 | -€1,667 | -82.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.