De Vuystregel: 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 Vuystregel
Largest movements
- Tangible fixed assets +€96,936
up €96,936 (+145%), from €66,887 to €163,823
of which Furniture and vehicles: +€98,269
- Receivables within one year +€43,769
up €43,769 (+77.9%), from €56,169 to €99,938
of which Other amounts receivable: +€24,288
- Trade debts +€129,618
up €129,618 (+7,632%), from €1,698 to €131,317
- Profit (loss) carried forward +€29,936
up €29,936 (+55.2%), from €54,223 to €84,159
- Debts after one year -€19,322
down €19,322 (-42.3%), from €45,688 to €26,367
- Tax, wage and social debts -€3,173
down €3,173 (-20.8%), from €15,281 to €12,108
- Gross operating margin +€8,808
up €8,808 (+15.7%), from €56,038 to €64,846
- Taxes +€1,340
up €1,340 (+18.5%), from €7,241 to €8,581
- Depreciation +€1,113
up €1,113 (+5.4%), from €20,663 to €21,776
- Financial charges +€870
up €870 (+24.4%), from €3,564 to €4,434
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 | €138,332 | €275,772 | +€137,440 | +99.4% |
| Fixed assets | 21/28 | €66,887 | €163,823 | +€96,936 | +145% |
| Tangible fixed assets | 22/27 | €66,887 | €163,823 | +€96,936 | +145% |
| Plant, machinery and equipment | 23 | €6,460 | €5,127 | -€1,333 | -20.6% |
| Furniture and vehicles | 24 | €60,427 | €158,697 | +€98,269 | +163% |
| Current assets | 29/58 | €71,445 | €111,948 | +€40,504 | +56.7% |
| Amounts receivable within one year | 40/41 | €56,169 | €99,938 | +€43,769 | +77.9% |
| Trade receivables | 40 | €16,093 | €35,574 | +€19,481 | +121% |
| Other amounts receivable | 41 | €40,076 | €64,364 | +€24,288 | +60.6% |
| Cash at bank and in hand | 54/58 | €10,181 | €8,506 | -€1,675 | -16.5% |
| Deferred charges and accrued income | 490/1 | €5,095 | €3,505 | -€1,591 | -31.2% |
| Total equity and liabilities | 10/49 | €138,332 | €275,772 | +€137,440 | +99.4% |
| Equity | 10/15 | €56,723 | €86,659 | +€29,936 | +52.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €54,223 | €84,159 | +€29,936 | +55.2% |
| Amounts payable | 17/49 | €81,609 | €189,113 | +€107,504 | +132% |
| Amounts payable after more than one year | 17 | €45,688 | €26,367 | -€19,322 | -42.3% |
| Financial debts | 170/4 | €45,688 | €26,367 | -€19,322 | -42.3% |
| Amounts payable within one year | 42/48 | €35,921 | €162,746 | +€126,826 | +353% |
| Current portion of amounts payable after more than one year | 42 | €18,941 | €19,322 | +€380 | +2.0% |
| Trade debts | 44 | €1,698 | €131,317 | +€129,618 | +7,632% |
| Suppliers | 440/4 | €1,698 | €131,317 | +€129,618 | +7,632% |
| Taxes, remuneration and social security | 45 | €15,281 | €12,108 | -€3,173 | -20.8% |
| Taxes | 450/3 | €15,281 | €12,108 | -€3,173 | -20.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,663 | €21,776 | +€1,113 | +5.4% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €56,038 | €64,846 | +€8,808 | +15.7% |
| Operating profit (loss) | 9901 | €35,257 | €42,951 | +€7,694 | +21.8% |
| Financial charges | 65/66B | €3,564 | €4,434 | +€870 | +24.4% |
| Recurring financial charges | 65 | €3,564 | €4,434 | +€870 | +24.4% |
| Profit (loss) for the period before taxes | 9903 | €31,693 | €38,516 | +€6,824 | +21.5% |
| Income taxes | 67/77 | €7,241 | €8,581 | +€1,340 | +18.5% |
| Profit (loss) for the period | 9904 | €24,452 | €29,936 | +€5,484 | +22.4% |
| Profit (loss) for the period to be appropriated | 9905 | €24,452 | €29,936 | +€5,484 | +22.4% |
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 25 October 2026 via checked.be.