De Vuyst-Philips: 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 Vuyst-Philips
Largest movements
- Current investments +€100,000
up €100,000 (+25.0%), from €400,000 to €500,000
- Receivables within one year -€13,752
down €13,752 (-52.4%), from €26,244 to €12,492
of which Trade receivables: -€14,375
- Reserves +€103,197
up €103,197 (+14.6%), from €709,089 to €812,286
of which Distributable reserves: +€103,197
- Trade debts -€31,535
down €31,535 (-82.8%), from €38,091 to €6,556
- Gross operating margin +€12,115
up €12,115 (+9.3%), from €130,164 to €142,279
- Other operating charges -€5,215
down €5,215 (-43.3%), from €12,054 to €6,840
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 | €830,543 | €902,260 | +€71,717 | +8.6% |
| Fixed assets | 21/28 | €313,337 | €305,891 | -€7,446 | -2.4% |
| Tangible fixed assets | 22/27 | €313,337 | €305,891 | -€7,446 | -2.4% |
| Land and buildings | 22 | €313,337 | €305,891 | -€7,446 | -2.4% |
| Current assets | 29/58 | €517,206 | €596,369 | +€79,163 | +15.3% |
| Amounts receivable within one year | 40/41 | €26,244 | €12,492 | -€13,752 | -52.4% |
| Trade receivables | 40 | €26,244 | €11,868 | -€14,375 | -54.8% |
| Other amounts receivable | 41 | €0 | €624 | +€624 | |
| Current investments | 50/53 | €400,000 | €500,000 | +€100,000 | +25.0% |
| Cash at bank and in hand | 54/58 | €82,059 | €75,440 | -€6,618 | -8.1% |
| Deferred charges and accrued income | 490/1 | €8,903 | €8,436 | -€467 | -5.2% |
| Total equity and liabilities | 10/49 | €830,543 | €902,260 | +€71,717 | +8.6% |
| Equity | 10/15 | €727,689 | €830,886 | +€103,197 | +14.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €709,089 | €812,286 | +€103,197 | +14.6% |
| Tax-exempt reserves | 132 | €617 | €617 | = | 0.0% |
| Distributable reserves | 133 | €708,473 | €811,670 | +€103,197 | +14.6% |
| Amounts payable | 17/49 | €102,853 | €71,374 | -€31,480 | -30.6% |
| Amounts payable within one year | 42/48 | €98,920 | €66,873 | -€32,047 | -32.4% |
| Trade debts | 44 | €38,091 | €6,556 | -€31,535 | -82.8% |
| Suppliers | 440/4 | €38,091 | €6,556 | -€31,535 | -82.8% |
| Taxes, remuneration and social security | 45 | €3,265 | €0 | -€3,265 | -100% |
| Taxes | 450/3 | €3,265 | €0 | -€3,265 | -100% |
| Other amounts payable | 47/48 | €57,563 | €60,317 | +€2,753 | +4.8% |
| Accrued charges and deferred income | 492/3 | €3,933 | €4,501 | +€567 | +14.4% |
| Non-recurring operating income | 76A | - | €5,511 | +€5,511 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,478 | €7,446 | -€1,032 | -12.2% |
| Other operating charges | 640/8 | €12,054 | €6,840 | -€5,215 | -43.3% |
| Gross operating margin | 9900 | €130,164 | €142,279 | +€12,115 | +9.3% |
| Operating profit (loss) | 9901 | €109,631 | €127,993 | +€18,362 | +16.7% |
| Financial income | 75/76B | €13,495 | €14,148 | +€653 | +4.8% |
| Recurring financial income | 75 | €13,495 | €14,148 | +€653 | +4.8% |
| Financial charges | 65/66B | €3,979 | €4,546 | +€566 | +14.2% |
| Recurring financial charges | 65 | €3,979 | €4,546 | +€566 | +14.2% |
| Profit (loss) for the period before taxes | 9903 | €119,147 | €137,596 | +€18,449 | +15.5% |
| Income taxes | 67/77 | €34,314 | €34,399 | +€85 | +0.2% |
| Profit (loss) for the period | 9904 | €84,833 | €103,197 | +€18,364 | +21.6% |
| Profit (loss) for the period to be appropriated | 9905 | €84,833 | €103,197 | +€18,364 | +21.6% |
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 20 October 2026 via checked.be.