GUUS VRIENS: 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.
GUUS VRIENS
Largest movements
- Cash +€7,157
up €7,157 (+291%), from €2,463 to €9,620
mainly Net result for the year (+€10,028) and Trade debts (+€6,094)
- Receivables within one year +€4,176
up €4,176 (+69.0%), from €6,053 to €10,228
of which Trade receivables: +€5,792
- Tangible fixed assets -€682
down €682 (-10.2%), from €6,669 to €5,988
of which Furniture and vehicles: -€3,283
- Deferred charges and accrued income +€455
new in 2025: €455
- Reserves +€10,028
new in 2025: €10,028
- Other debts -€6,793
down €6,793 (-30.7%), from €22,128 to €15,335
- Trade debts +€6,094
up €6,094 (+701%), from €870 to €6,964
- Tax, wage and social debts +€1,907
up €1,907 (+73.8%), from €2,584 to €4,490
- Gross operating margin +€12,739
up €12,739 (+240%), from €5,308 to €18,046
- Depreciation +€1,198
up €1,198 (+38.4%), from €3,118 to €4,316
- Taxes +€1,019
up €1,019 (+728%), from €140 to €1,160
- Financial charges -€605
down €605 (-67.9%), from €891 to €286
- Financial income +€188
up €188 (+469,425%), from €0 to €188
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 | €18,280 | €29,516 | +€11,235 | +61.5% |
| Fixed assets | 21/28 | €8,469 | €7,788 | -€682 | -8.0% |
| Tangible fixed assets | 22/27 | €6,669 | €5,988 | -€682 | -10.2% |
| Plant, machinery and equipment | 23 | €1,860 | €4,462 | +€2,602 | +140% |
| Furniture and vehicles | 24 | €4,809 | €1,526 | -€3,283 | -68.3% |
| Financial fixed assets | 28 | €1,800 | €1,800 | = | 0.0% |
| Current assets | 29/58 | €9,811 | €21,728 | +€11,917 | +121% |
| Stocks and contracts in progress | 3 | €1,295 | €1,425 | +€130 | +10.0% |
| Stocks | 30/36 | €1,295 | €1,425 | +€130 | +10.0% |
| Amounts receivable within one year | 40/41 | €6,053 | €10,228 | +€4,176 | +69.0% |
| Trade receivables | 40 | €0 | €5,792 | +€5,792 | |
| Other amounts receivable | 41 | €6,053 | €4,436 | -€1,617 | -26.7% |
| Cash at bank and in hand | 54/58 | €2,463 | €9,620 | +€7,157 | +291% |
| Deferred charges and accrued income | 490/1 | - | €455 | +€455 | |
| Total equity and liabilities | 10/49 | €18,280 | €29,516 | +€11,235 | +61.5% |
| Equity | 10/15 | -€7,302 | €2,726 | +€10,028 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | - | €10,028 | +€10,028 | |
| Distributable reserves | 133 | - | €10,028 | +€10,028 | |
| Profit (loss) carried forward | 14 | -€25,902 | -€25,902 | = | 0.0% |
| Amounts payable | 17/49 | €25,582 | €26,789 | +€1,208 | +4.7% |
| Amounts payable within one year | 42/48 | €25,582 | €26,789 | +€1,208 | +4.7% |
| Trade debts | 44 | €870 | €6,964 | +€6,094 | +701% |
| Suppliers | 440/4 | €870 | €6,964 | +€6,094 | +701% |
| Taxes, remuneration and social security | 45 | €2,584 | €4,490 | +€1,907 | +73.8% |
| Taxes | 450/3 | €2,584 | €4,490 | +€1,907 | +73.8% |
| Other amounts payable | 47/48 | €22,128 | €15,335 | -€6,793 | -30.7% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,118 | €4,316 | +€1,198 | +38.4% |
| Other operating charges | 640/8 | €2,462 | €2,445 | -€17 | -0.7% |
| Non-recurring operating charges | 66A | €17,500 | €0 | -€17,500 | -100% |
| Gross operating margin | 9900 | €5,308 | €18,046 | +€12,739 | +240% |
| Operating profit (loss) | 9901 | -€17,772 | €11,286 | +€29,058 | |
| Financial income | 75/76B | €0 | €188 | +€188 | +469,425% |
| Recurring financial income | 75 | €0 | €188 | +€188 | +469,425% |
| Financial charges | 65/66B | €891 | €286 | -€605 | -67.9% |
| Recurring financial charges | 65 | €891 | €286 | -€605 | -67.9% |
| Profit (loss) for the period before taxes | 9903 | -€18,663 | €11,187 | +€29,851 | |
| Income taxes | 67/77 | €140 | €1,160 | +€1,019 | +728% |
| Profit (loss) for the period | 9904 | -€18,803 | €10,028 | +€28,831 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,803 | €10,028 | +€28,831 |
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 23 October 2026 via checked.be.