DE VRY: 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 VRY
Largest movements
- Stocks and contracts -€27,012
down €27,012 (-39.6%), from €68,163 to €41,151
- Receivables within one year +€19,080
up €19,080 (+55.5%), from €34,402 to €53,482
of which Trade receivables: +€30,259
- Cash +€16,768
up €16,768 (+45.6%), from €36,788 to €53,557
mainly Stocks and contracts (+€27,012) and Net result for the year (+€25,433)
- Current investments +€7,750
up €7,750 (+20.2%), from €38,421 to €46,171
- Reserves +€24,500
up €24,500 (+19.8%), from €123,950 to €148,450
- Trade debts -€18,078
down €18,078 (-85.1%), from €21,236 to €3,158
- Tax, wage and social debts +€5,651
up €5,651 (+291.9%), from €1,936 to €7,587
- Other debts +€4,945
up €4,945 (+61.0%), from €8,111 to €13,056
- Short-term financial debts -€2,535
no longer reported in 2025 (was €2,535)
- Gross operating margin +€38,548
up €38,548 (+693.6%), from €5,558 to €44,105
- Financial charges +€9,474
up €9,474, from -€1,184 to €8,290
- Taxes +€8,463
up €8,463 (+681.2%), from €1,242 to €9,705
- Write-downs -€2,548
down €2,548, from €1,886 to -€662
- Provisions +€2,519
up €2,519, from -€923 to €1,596
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 | €179,850 | €196,069 | +€16,219 | +9.0% |
| Fixed assets | 21/28 | €162 | €12 | -€150 | -92.9% |
| Tangible fixed assets | 22/27 | €162 | €12 | -€150 | -92.9% |
| Plant, machinery and equipment | 23 | €162 | €12 | -€150 | -92.9% |
| Current assets | 29/58 | €179,688 | €196,057 | +€16,369 | +9.1% |
| Stocks and contracts in progress | 3 | €68,163 | €41,151 | -€27,012 | -39.6% |
| Stocks | 30/36 | €68,163 | €41,151 | -€27,012 | -39.6% |
| Amounts receivable within one year | 40/41 | €34,402 | €53,482 | +€19,080 | +55.5% |
| Trade receivables | 40 | €21,585 | €51,844 | +€30,259 | +140.2% |
| Other amounts receivable | 41 | €12,817 | €1,637 | -€11,179 | -87.2% |
| Current investments | 50/53 | €38,421 | €46,171 | +€7,750 | +20.2% |
| Cash at bank and in hand | 54/58 | €36,788 | €53,557 | +€16,768 | +45.6% |
| Deferred charges and accrued income | 490/1 | €1,914 | €1,697 | -€217 | -11.3% |
| Total equity and liabilities | 10/49 | €179,850 | €196,069 | +€16,219 | +9.0% |
| Equity | 10/15 | €144,103 | €168,737 | +€24,633 | +17.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €123,950 | €148,450 | +€24,500 | +19.8% |
| Distributable reserves | 133 | €123,950 | €148,450 | +€24,500 | +19.8% |
| Profit (loss) carried forward | 14 | €153 | €287 | +€133 | +86.9% |
| Provisions and deferred taxes | 16 | €1,736 | €3,332 | +€1,596 | +91.9% |
| Provisions for liabilities and charges | 160/5 | €1,736 | €3,332 | +€1,596 | +91.9% |
| Environmental obligations | 163 | €1,736 | €3,332 | +€1,596 | +91.9% |
| Amounts payable | 17/49 | €34,011 | €24,000 | -€10,011 | -29.4% |
| Amounts payable within one year | 42/48 | €33,817 | €23,801 | -€10,017 | -29.6% |
| Financial debts | 43 | €2,535 | - | -€2,535 | |
| Credit institutions | 430/8 | €2,535 | - | -€2,535 | |
| Trade debts | 44 | €21,236 | €3,158 | -€18,078 | -85.1% |
| Suppliers | 440/4 | €21,236 | €3,158 | -€18,078 | -85.1% |
| Taxes, remuneration and social security | 45 | €1,936 | €7,587 | +€5,651 | +291.9% |
| Taxes | 450/3 | €1,936 | €7,587 | +€5,651 | +291.9% |
| Other amounts payable | 47/48 | €8,111 | €13,056 | +€4,945 | +61.0% |
| Accrued charges and deferred income | 492/3 | €194 | €200 | +€6 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €412 | €150 | -€262 | -63.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,886 | -€662 | -€2,548 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€923 | €1,596 | +€2,519 | |
| Other operating charges | 640/8 | €860 | €880 | +€20 | +2.3% |
| Gross operating margin | 9900 | €5,558 | €44,105 | +€38,548 | +693.6% |
| Operating profit (loss) | 9901 | €3,323 | €42,142 | +€38,819 | +1168.2% |
| Financial income | 75/76B | €895 | €1,287 | +€391 | +43.7% |
| Recurring financial income | 75 | €895 | €1,287 | +€391 | +43.7% |
| Financial charges | 65/66B | -€1,184 | €8,290 | +€9,474 | |
| Recurring financial charges | 65 | -€1,184 | €8,290 | +€9,474 | |
| Profit (loss) for the period before taxes | 9903 | €5,402 | €35,139 | +€29,736 | +550.5% |
| Income taxes | 67/77 | €1,242 | €9,705 | +€8,463 | +681.2% |
| Profit (loss) for the period | 9904 | €4,160 | €25,433 | +€21,274 | +511.4% |
| Profit (loss) for the period to be appropriated | 9905 | €4,160 | €25,433 | +€21,274 | +511.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.