DE VUNT: 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 VUNT
Largest movements
- Cash +€41,066
up €41,066 (+186%), from €22,072 to €63,138
mainly Net result for the year (+€961,453) and Tax, wage and social debts (+€29,948)
- Debts after one year -€111,026
down €111,026 (-8.8%), from €1.3m to €1.1m
- Profit (loss) carried forward +€103,453
up €103,453 (+39.9%), from €259,080 to €362,534
- Tax, wage and social debts +€29,948
up €29,948 (+69.1%), from €43,319 to €73,267
of which Taxes: +€30,325
- Financial income +€143,000
up €143,000 (+20.0%), from €715,000 to €858,000
- Staff costs +€14,863
up €14,863, from -€14,863 to €0
- Gross operating margin +€9,937
up €9,937 (+6.4%), from €154,868 to €164,805
- Other operating charges -€5,053
down €5,053 (-81.9%), from €6,172 to €1,118
- Financial charges -€1,839
down €1,839 (-8.9%), from €20,570 to €18,730
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 | €2,402,781 | €2,435,852 | +€33,071 | +1.4% |
| Fixed assets | 21/28 | €2,374,967 | €2,371,466 | -€3,501 | -0.1% |
| Tangible fixed assets | 22/27 | €169,417 | €165,917 | -€3,501 | -2.1% |
| Land and buildings | 22 | €169,417 | €165,917 | -€3,501 | -2.1% |
| Financial fixed assets | 28 | €2,205,550 | €2,205,550 | = | 0.0% |
| Current assets | 29/58 | €27,814 | €64,386 | +€36,571 | +131% |
| Amounts receivable within one year | 40/41 | €5,581 | €1,247 | -€4,334 | -77.7% |
| Trade receivables | 40 | €1,711 | €1,134 | -€576 | -33.7% |
| Other amounts receivable | 41 | €3,871 | €113 | -€3,758 | -97.1% |
| Cash at bank and in hand | 54/58 | €22,072 | €63,138 | +€41,066 | +186% |
| Deferred charges and accrued income | 490/1 | €161 | €0 | -€161 | -100% |
| Total equity and liabilities | 10/49 | €2,402,781 | €2,435,852 | +€33,071 | +1.4% |
| Equity | 10/15 | €976,439 | €1,079,893 | +€103,453 | +10.6% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Capital | 10 | €500,000 | €500,000 | = | 0.0% |
| Issued capital | 100 | €500,000 | €500,000 | = | 0.0% |
| Reserves | 13 | €217,359 | €217,359 | = | 0.0% |
| Non-distributable reserves | 130/1 | €50,000 | €50,000 | = | 0.0% |
| Legal reserve | 130 | €50,000 | €50,000 | = | 0.0% |
| Distributable reserves | 133 | €167,359 | €167,359 | = | 0.0% |
| Profit (loss) carried forward | 14 | €259,080 | €362,534 | +€103,453 | +39.9% |
| Provisions and deferred taxes | 16 | €844 | €1,187 | +€343 | +40.6% |
| Provisions for liabilities and charges | 160/5 | €844 | €1,187 | +€343 | +40.6% |
| Major repairs and maintenance | 162 | €844 | €1,187 | +€343 | +40.6% |
| Amounts payable | 17/49 | €1,425,498 | €1,354,773 | -€70,725 | -5.0% |
| Amounts payable after more than one year | 17 | €1,258,504 | €1,147,478 | -€111,026 | -8.8% |
| Financial debts | 170/4 | €1,258,504 | €1,147,478 | -€111,026 | -8.8% |
| Amounts payable within one year | 42/48 | €166,994 | €207,295 | +€40,301 | +24.1% |
| Current portion of amounts payable after more than one year | 42 | €110,400 | €111,026 | +€626 | +0.6% |
| Trade debts | 44 | €13,276 | €23,002 | +€9,726 | +73.3% |
| Suppliers | 440/4 | €13,276 | €23,002 | +€9,726 | +73.3% |
| Taxes, remuneration and social security | 45 | €43,319 | €73,267 | +€29,948 | +69.1% |
| Taxes | 450/3 | €42,942 | €73,267 | +€30,325 | +70.6% |
| Remuneration and social security | 454/9 | €377 | €0 | -€377 | -100% |
| Non-recurring operating income | 76A | - | €377 | +€377 | |
| Remuneration, social security and pensions | 62 | -€14,863 | €0 | +€14,863 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,501 | €3,501 | = | 0.0% |
| Other operating charges | 640/8 | €6,172 | €1,118 | -€5,053 | -81.9% |
| Non-recurring operating charges | 66A | €28 | €343 | +€315 | +1,141% |
| Gross operating margin | 9900 | €154,868 | €164,805 | +€9,937 | +6.4% |
| Operating profit (loss) | 9901 | €160,031 | €159,843 | -€188 | -0.1% |
| Financial income | 75/76B | €715,000 | €858,000 | +€143,000 | +20.0% |
| Recurring financial income | 75 | €715,000 | €858,000 | +€143,000 | +20.0% |
| Financial charges | 65/66B | €20,570 | €18,730 | -€1,839 | -8.9% |
| Recurring financial charges | 65 | €20,570 | €18,730 | -€1,839 | -8.9% |
| Profit (loss) for the period before taxes | 9903 | €854,462 | €999,113 | +€144,651 | +16.9% |
| Income taxes | 67/77 | €38,106 | €37,660 | -€446 | -1.2% |
| Profit (loss) for the period | 9904 | €816,356 | €961,453 | +€145,098 | +17.8% |
| Profit (loss) for the period to be appropriated | 9905 | €816,356 | €961,453 | +€145,098 | +17.8% |
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 13 October 2026 via checked.be.