DE VUNTZAK: 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 VUNTZAK
Largest movements
- Tangible fixed assets -€8,288
down €8,288 (-17.8%), from €46,574 to €38,286
of which Plant, machinery and equipment: -€6,426
- Current portion of long-term debt -€5,388
down €5,388 (-57.6%), from €9,356 to €3,968
- Debts after one year -€3,968
no longer reported in 2025 (was €3,968)
- Other debts -€3,935
down €3,935 (-54.3%), from €7,252 to €3,316
- Tax, wage and social debts +€2,230
up €2,230 (+46.8%), from €4,766 to €6,996
of which Remuneration and social security: +€2,196
- Reserves +€1,231
up €1,231 (+18.9%), from €6,525 to €7,756
- Gross operating margin -€1,271
down €1,271 (-4.7%), from €26,851 to €25,580
- Staff costs -€668
down €668 (-4.4%), from €15,349 to €14,681
- Other operating charges -€368
down €368 (-58.2%), from €632 to €264
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 | €53,498 | €44,202 | -€9,296 | -17.4% |
| Formation expenses | 20 | €1,205 | €803 | -€402 | -33.3% |
| Fixed assets | 21/28 | €46,937 | €38,649 | -€8,288 | -17.7% |
| Tangible fixed assets | 22/27 | €46,574 | €38,286 | -€8,288 | -17.8% |
| Plant, machinery and equipment | 23 | €36,456 | €30,030 | -€6,426 | -17.6% |
| Furniture and vehicles | 24 | €1,131 | €649 | -€482 | -42.6% |
| Other tangible fixed assets | 26 | €8,987 | €7,607 | -€1,380 | -15.4% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €5,356 | €4,749 | -€607 | -11.3% |
| Stocks and contracts in progress | 3 | €2,385 | €2,056 | -€329 | -13.8% |
| Stocks | 30/36 | €2,385 | €2,056 | -€329 | -13.8% |
| Amounts receivable within one year | 40/41 | €1,132 | €767 | -€365 | -32.3% |
| Trade receivables | 40 | €1,050 | - | -€1,050 | |
| Other amounts receivable | 41 | €82 | €767 | +€685 | +838% |
| Cash at bank and in hand | 54/58 | €1,766 | €1,852 | +€86 | +4.9% |
| Deferred charges and accrued income | 490/1 | €73 | €74 | +€1 | +2.0% |
| Total equity and liabilities | 10/49 | €53,498 | €44,202 | -€9,296 | -17.4% |
| Equity | 10/15 | €21,525 | €22,756 | +€1,231 | +5.7% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €6,525 | €7,756 | +€1,231 | +18.9% |
| Distributable reserves | 133 | €6,525 | €7,756 | +€1,231 | +18.9% |
| Amounts payable | 17/49 | €31,973 | €21,446 | -€10,527 | -32.9% |
| Amounts payable after more than one year | 17 | €3,968 | - | -€3,968 | |
| Financial debts | 170/4 | €3,968 | - | -€3,968 | |
| Amounts payable within one year | 42/48 | €28,005 | €21,446 | -€6,559 | -23.4% |
| Current portion of amounts payable after more than one year | 42 | €9,356 | €3,968 | -€5,388 | -57.6% |
| Trade debts | 44 | €6,631 | €7,166 | +€535 | +8.1% |
| Suppliers | 440/4 | €6,631 | €7,166 | +€535 | +8.1% |
| Taxes, remuneration and social security | 45 | €4,766 | €6,996 | +€2,230 | +46.8% |
| Taxes | 450/3 | €508 | €542 | +€34 | +6.7% |
| Remuneration and social security | 454/9 | €4,259 | €6,454 | +€2,196 | +51.6% |
| Other amounts payable | 47/48 | €7,252 | €3,316 | -€3,935 | -54.3% |
| Remuneration, social security and pensions | 62 | €15,349 | €14,681 | -€668 | -4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,268 | €8,288 | +€20 | +0.2% |
| Other operating charges | 640/8 | €632 | €264 | -€368 | -58.2% |
| Non-recurring operating charges | 66A | €402 | €402 | = | 0.0% |
| Gross operating margin | 9900 | €26,851 | €25,580 | -€1,271 | -4.7% |
| Operating profit (loss) | 9901 | €2,200 | €1,945 | -€255 | -11.6% |
| Financial income | 75/76B | €10 | €16 | +€6 | +55.6% |
| Recurring financial income | 75 | €10 | €16 | +€6 | +55.6% |
| Financial charges | 65/66B | €634 | €401 | -€232 | -36.7% |
| Recurring financial charges | 65 | €634 | €401 | -€232 | -36.7% |
| Profit (loss) for the period before taxes | 9903 | €1,576 | €1,559 | -€17 | -1.1% |
| Income taxes | 67/77 | €315 | €328 | +€13 | +4.2% |
| Profit (loss) for the period | 9904 | €1,261 | €1,231 | -€30 | -2.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,261 | €1,231 | -€30 | -2.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.