DE VROENTE: 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 VROENTE
Largest movements
- Cash -€66,403
down €66,403 (-65.2%), from €101,871 to €35,468
mainly Trade debts (-€35,128) and Contributions, distributions and other (-€16,424)
- Stocks and contracts +€10,869
up €10,869 (+64.5%), from €16,838 to €27,707
- Tangible fixed assets -€8,959
down €8,959 (-9.6%), from €93,745 to €84,787
of which Other tangible fixed assets: -€7,713
- Receivables within one year +€8,087
up €8,087 (+37.8%), from €21,423 to €29,510
of which Other amounts receivable: +€7,243
- Trade debts -€35,128
down €35,128 (-33.8%), from €103,936 to €68,809
- Tax, wage and social debts -€14,992
down €14,992 (-34.3%), from €43,674 to €28,682
of which Remuneration and social security: -€17,749
- Other debts -€8,582
down €8,582 (-30.7%), from €27,964 to €19,383
- Profit (loss) carried forward +€3,976
up €3,976 (+7.5%), from €53,003 to €56,980
- Staff costs +€13,527
up €13,527 (+7.5%), from €181,051 to €194,578
- Depreciation +€5,895
up €5,895 (+128%), from €4,588 to €10,483
- Gross operating margin +€5,783
up €5,783 (+2.5%), from €229,960 to €235,743
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 | €239,438 | €184,713 | -€54,725 | -22.9% |
| Fixed assets | 21/28 | €98,133 | €89,187 | -€8,945 | -9.1% |
| Tangible fixed assets | 22/27 | €93,745 | €84,787 | -€8,959 | -9.6% |
| Plant, machinery and equipment | 23 | €2,465 | €1,219 | -€1,246 | -50.6% |
| Other tangible fixed assets | 26 | €91,280 | €83,568 | -€7,713 | -8.4% |
| Financial fixed assets | 28 | €4,387 | €4,401 | +€13 | +0.3% |
| Current assets | 29/58 | €141,305 | €95,526 | -€45,780 | -32.4% |
| Stocks and contracts in progress | 3 | €16,838 | €27,707 | +€10,869 | +64.5% |
| Stocks | 30/36 | €16,838 | €27,707 | +€10,869 | +64.5% |
| Amounts receivable within one year | 40/41 | €21,423 | €29,510 | +€8,087 | +37.8% |
| Trade receivables | 40 | €10,919 | €11,763 | +€844 | +7.7% |
| Other amounts receivable | 41 | €10,504 | €17,747 | +€7,243 | +69.0% |
| Cash at bank and in hand | 54/58 | €101,871 | €35,468 | -€66,403 | -65.2% |
| Deferred charges and accrued income | 490/1 | €1,173 | €2,840 | +€1,667 | +142% |
| Total equity and liabilities | 10/49 | €239,438 | €184,713 | -€54,725 | -22.9% |
| Equity | 10/15 | €63,863 | €67,840 | +€3,976 | +6.2% |
| Contributions | 10/11 | €9,000 | €9,000 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €53,003 | €56,980 | +€3,976 | +7.5% |
| Amounts payable | 17/49 | €175,574 | €116,873 | -€58,701 | -33.4% |
| Amounts payable within one year | 42/48 | €175,574 | €116,873 | -€58,701 | -33.4% |
| Trade debts | 44 | €103,936 | €68,809 | -€35,128 | -33.8% |
| Suppliers | 440/4 | €103,936 | €68,809 | -€35,128 | -33.8% |
| Taxes, remuneration and social security | 45 | €43,674 | €28,682 | -€14,992 | -34.3% |
| Taxes | 450/3 | €2,709 | €5,466 | +€2,757 | +102% |
| Remuneration and social security | 454/9 | €40,964 | €23,216 | -€17,749 | -43.3% |
| Other amounts payable | 47/48 | €27,964 | €19,383 | -€8,582 | -30.7% |
| Remuneration, social security and pensions | 62 | €181,051 | €194,578 | +€13,527 | +7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,588 | €10,483 | +€5,895 | +128% |
| Other operating charges | 640/8 | €1,133 | €1,245 | +€112 | +9.8% |
| Non-recurring operating charges | 66A | - | €1,432 | +€1,432 | |
| Gross operating margin | 9900 | €229,960 | €235,743 | +€5,783 | +2.5% |
| Operating profit (loss) | 9901 | €43,188 | €28,005 | -€15,183 | -35.2% |
| Financial income | 75/76B | €333 | €25 | -€308 | -92.6% |
| Recurring financial income | 75 | €333 | €25 | -€308 | -92.6% |
| Financial charges | 65/66B | €87 | €254 | +€167 | +192% |
| Recurring financial charges | 65 | €87 | €254 | +€167 | +192% |
| Profit (loss) for the period before taxes | 9903 | €43,434 | €27,776 | -€15,658 | -36.1% |
| Income taxes | 67/77 | €9,501 | €7,376 | -€2,125 | -22.4% |
| Profit (loss) for the period | 9904 | €33,933 | €20,400 | -€13,533 | -39.9% |
| Profit (loss) for the period to be appropriated | 9905 | €33,933 | €20,400 | -€13,533 | -39.9% |
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 29 October 2026 via checked.be.