DIRK VEYT: 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.
DIRK VEYT
Largest movements
- Cash -€67,270
down €67,270 (-74.1%), from €90,813 to €23,543
mainly Current investments (-€60,182) and Debts after one year (-€9,919)
- Current investments +€60,182
up €60,182 (+217%), from €27,696 to €87,878
- Tangible fixed assets -€9,506
down €9,506 (-20.6%), from €46,210 to €36,704
of which Leasing and similar rights: -€10,346
- Receivables within one year -€4,132
down €4,132 (-11.1%), from €37,059 to €32,927
of which Trade receivables: -€2,941
- Debts after one year -€9,919
down €9,919 (-45.9%), from €21,611 to €11,692
- Trade debts -€8,931
down €8,931 (-70.0%), from €12,751 to €3,819
- Tax, wage and social debts -€4,645
down €4,645 (-89.1%), from €5,212 to €567
- Gross operating margin -€15,318
down €15,318 (-50.1%), from €30,555 to €15,237
- Taxes -€8,512
down €8,512 (-93.8%), from €9,079 to €567
- Depreciation +€1,214
up €1,214 (+12.1%), from €10,016 to €11,229
- Financial charges +€435
up €435 (+34.2%), from €1,272 to €1,708
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 | €203,942 | €181,722 | -€22,220 | -10.9% |
| Fixed assets | 21/28 | €46,210 | €36,704 | -€9,506 | -20.6% |
| Tangible fixed assets | 22/27 | €46,210 | €36,704 | -€9,506 | -20.6% |
| Furniture and vehicles | 24 | €659 | €1,499 | +€840 | +127% |
| Leasing and similar rights | 25 | €45,551 | €35,205 | -€10,346 | -22.7% |
| Current assets | 29/58 | €157,731 | €145,018 | -€12,714 | -8.1% |
| Amounts receivable within one year | 40/41 | €37,059 | €32,927 | -€4,132 | -11.1% |
| Trade receivables | 40 | €31,132 | €28,191 | -€2,941 | -9.4% |
| Other amounts receivable | 41 | €5,927 | €4,736 | -€1,191 | -20.1% |
| Current investments | 50/53 | €27,696 | €87,878 | +€60,182 | +217% |
| Cash at bank and in hand | 54/58 | €90,813 | €23,543 | -€67,270 | -74.1% |
| Deferred charges and accrued income | 490/1 | €2,163 | €669 | -€1,494 | -69.1% |
| Total equity and liabilities | 10/49 | €203,942 | €181,722 | -€22,220 | -10.9% |
| Equity | 10/15 | €154,922 | €155,692 | +€770 | +0.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €136,322 | €137,092 | +€770 | +0.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €134,462 | €135,232 | +€770 | +0.6% |
| Amounts payable | 17/49 | €49,020 | €26,030 | -€22,990 | -46.9% |
| Amounts payable after more than one year | 17 | €21,611 | €11,692 | -€9,919 | -45.9% |
| Financial debts | 170/4 | €21,611 | €11,692 | -€9,919 | -45.9% |
| Amounts payable within one year | 42/48 | €27,409 | €14,338 | -€13,071 | -47.7% |
| Current portion of amounts payable after more than one year | 42 | €9,446 | €9,919 | +€472 | +5.0% |
| Trade debts | 44 | €12,751 | €3,819 | -€8,931 | -70.0% |
| Suppliers | 440/4 | €12,751 | €3,819 | -€8,931 | -70.0% |
| Taxes, remuneration and social security | 45 | €5,212 | €567 | -€4,645 | -89.1% |
| Taxes | 450/3 | €5,212 | €567 | -€4,645 | -89.1% |
| Other amounts payable | 47/48 | - | €33 | +€33 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,016 | €11,229 | +€1,214 | +12.1% |
| Other operating charges | 640/8 | €1,207 | €1,244 | +€37 | +3.1% |
| Gross operating margin | 9900 | €30,555 | €15,237 | -€15,318 | -50.1% |
| Operating profit (loss) | 9901 | €19,333 | €2,764 | -€16,569 | -85.7% |
| Financial income | 75/76B | €108 | €281 | +€173 | +161% |
| Recurring financial income | 75 | €108 | €281 | +€173 | +161% |
| Financial charges | 65/66B | €1,272 | €1,708 | +€435 | +34.2% |
| Recurring financial charges | 65 | €1,272 | €1,708 | +€435 | +34.2% |
| Profit (loss) for the period before taxes | 9903 | €18,168 | €1,337 | -€16,831 | -92.6% |
| Income taxes | 67/77 | €9,079 | €567 | -€8,512 | -93.8% |
| Profit (loss) for the period | 9904 | €9,089 | €770 | -€8,318 | -91.5% |
| Profit (loss) for the period to be appropriated | 9905 | €9,089 | €770 | -€8,318 | -91.5% |
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 14 October 2026 via checked.be.