HET VIJGEBLAD: what changed
What changed
HET VIJGEBLAD
NACE 47.714, Retail trade
filed annual accounts (NBB)
Net result for the year
€58,343
2024 · €186,392-€128,049
Equity
€572,363
2024 · €597,095-€24,732
Cash
€45,361
2024 · €45,379-€18
Balance sheet total
€2.0m
2024 · €2.1m-€35,380
Largest movements
Assets
- Tangible fixed assets -€80,069
down €80,069 (-13.2%), from €608,645 to €528,575
of which Land and buildings: -€46,541
- Stocks and contracts +€60,138
up €60,138 (+11.3%), from €531,662 to €591,800
Equity and liabilities
- Other debts +€270,297
up €270,297 (+129%), from €208,993 to €479,290
- Trade debts -€178,267
down €178,267 (-71.7%), from €248,702 to €70,435
- Debts after one year -€113,537
down €113,537 (-15.4%), from €735,140 to €621,603
- Reserves -€24,732
down €24,732 (-4.4%), from €565,095 to €540,363
of which Tax-exempt reserves: -€14,120
Income statement
- Gross operating margin -€121,644
down €121,644 (-16.5%), from €739,020 to €617,376
- Staff costs +€26,205
up €26,205 (+7.1%), from €369,386 to €395,591
- Taxes +€14,824
up €14,824 (+89.8%), from €16,502 to €31,326
- Depreciation +€14,219
up €14,219 (+17.6%), from €80,773 to €94,992
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€186,392
Gross operating margin
-€121,644
Staff costs
-€26,205
Depreciation
-€14,219
Other operating charges
+€1,438
Other operating items
-€127
Financial income
+€6,043
Financial charges
+€3,763
Taxes
-€14,824
Deferred taxes and other
+€37,727
Result 2025
€58,343
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€187,312
Investment
-€9,622
Financing
-€177,708
Cash 2024
€45,379
From operations (derived)
+€187,312
Net result for the year
+€58,343
Depreciation
+€94,992
Stocks and contracts
-€60,138
Receivables within one year
+€12,496
Deferred charges and accrued income
-€2,366
Provisions
-€3,530
Trade debts
-€178,267
Tax, wage and social debts
-€4,785
Smaller working-capital items
+€270
Other debts
+€270,297
Investment (derived)
-€9,622
Investment in fixed assets (net)
-€9,622
Financing
-€177,708
Debts after one year
-€113,537
Current portion of long-term debt
+€2,828
Short-term financial debts
+€16,077
Contributions, distributions and other
-€83,076
Cash 2025
€45,361
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,050,082 | €2,014,702 | -€35,380 | -1.7% |
| Fixed assets | 21/28 | €1,382,809 | €1,297,440 | -€85,369 | -6.2% |
| Intangible fixed assets | 21 | €2,786 | €2,136 | -€650 | -23.3% |
| Tangible fixed assets | 22/27 | €608,645 | €528,575 | -€80,069 | -13.2% |
| Land and buildings | 22 | €234,430 | €187,889 | -€46,541 | -19.9% |
| Plant, machinery and equipment | 23 | €7,044 | €12,840 | +€5,796 | +82.3% |
| Furniture and vehicles | 24 | €18,570 | €13,753 | -€4,816 | -25.9% |
| Leasing and similar rights | 25 | €14,746 | €10,771 | -€3,974 | -27.0% |
| Other tangible fixed assets | 26 | €333,855 | €303,321 | -€30,535 | -9.1% |
| Financial fixed assets | 28 | €771,378 | €766,728 | -€4,650 | -0.6% |
| Current assets | 29/58 | €667,273 | €717,262 | +€49,989 | +7.5% |
| Stocks and contracts in progress | 3 | €531,662 | €591,800 | +€60,138 | +11.3% |
| Stocks | 30/36 | €531,662 | €591,800 | +€60,138 | +11.3% |
| Amounts receivable within one year | 40/41 | €78,639 | €66,144 | -€12,496 | -15.9% |
| Trade receivables | 40 | €16,650 | €9,403 | -€7,247 | -43.5% |
| Other amounts receivable | 41 | €61,989 | €56,741 | -€5,249 | -8.5% |
| Cash at bank and in hand | 54/58 | €45,379 | €45,361 | -€18 | 0.0% |
| Deferred charges and accrued income | 490/1 | €11,592 | €13,958 | +€2,366 | +20.4% |
| Total equity and liabilities | 10/49 | €2,050,082 | €2,014,702 | -€35,380 | -1.7% |
| Equity | 10/15 | €597,095 | €572,363 | -€24,732 | -4.1% |
| Contributions | 10/11 | €32,000 | €32,000 | = | 0.0% |
| Reserves | 13 | €565,095 | €540,363 | -€24,732 | -4.4% |
| Non-distributable reserves | 130/1 | €427,272 | €417,445 | -€9,827 | -2.3% |
| Other | 1319 | €427,272 | €417,445 | -€9,827 | -2.3% |
| Tax-exempt reserves | 132 | €137,038 | €122,918 | -€14,120 | -10.3% |
| Distributable reserves | 133 | €785 | - | -€785 | |
| Provisions and deferred taxes | 16 | €34,197 | €30,667 | -€3,530 | -10.3% |
| Deferred taxes | 168 | €34,197 | €30,667 | -€3,530 | -10.3% |
| Amounts payable | 17/49 | €1,418,789 | €1,411,672 | -€7,118 | -0.5% |
| Amounts payable after more than one year | 17 | €735,140 | €621,603 | -€113,537 | -15.4% |
| Financial debts | 170/4 | €735,140 | €621,603 | -€113,537 | -15.4% |
| Amounts payable within one year | 42/48 | €652,603 | €758,690 | +€106,087 | +16.3% |
| Current portion of amounts payable after more than one year | 42 | €110,709 | €113,537 | +€2,828 | +2.6% |
| Financial debts | 43 | - | €16,077 | +€16,077 | |
| Credit institutions | 430/8 | - | €16,077 | +€16,077 | |
| Trade debts | 44 | €248,702 | €70,435 | -€178,267 | -71.7% |
| Suppliers | 440/4 | €248,702 | €70,435 | -€178,267 | -71.7% |
| Advances received on contracts in progress | 46 | €63 | - | -€63 | |
| Taxes, remuneration and social security | 45 | €84,136 | €79,351 | -€4,785 | -5.7% |
| Taxes | 450/3 | €51,753 | €43,972 | -€7,781 | -15.0% |
| Remuneration and social security | 454/9 | €32,384 | €35,379 | +€2,995 | +9.2% |
| Other amounts payable | 47/48 | €208,993 | €479,290 | +€270,297 | +129% |
| Accrued charges and deferred income | 492/3 | €31,046 | €31,379 | +€333 | +1.1% |
| Non-recurring operating income | 76A | €176,500 | - | -€176,500 | |
| Remuneration, social security and pensions | 62 | €369,386 | €395,591 | +€26,205 | +7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €80,773 | €94,992 | +€14,219 | +17.6% |
| Other operating charges | 640/8 | €10,453 | €9,015 | -€1,438 | -13.8% |
| Non-recurring operating charges | 66A | €63 | €190 | +€127 | +201% |
| Gross operating margin | 9900 | €739,020 | €617,376 | -€121,644 | -16.5% |
| Operating profit (loss) | 9901 | €278,345 | €117,588 | -€160,757 | -57.8% |
| Financial income | 75/76B | €25,929 | €31,971 | +€6,043 | +23.3% |
| Recurring financial income | 75 | €25,929 | €31,971 | +€6,043 | +23.3% |
| Financial charges | 65/66B | €67,182 | €63,420 | -€3,763 | -5.6% |
| Recurring financial charges | 65 | €67,182 | €63,420 | -€3,763 | -5.6% |
| Profit (loss) for the period before taxes | 9903 | €237,091 | €86,140 | -€150,952 | -63.7% |
| Transfer from deferred taxes | 780 | €1,103 | €3,530 | +€2,427 | +220% |
| Transfer to deferred taxes | 680 | €35,300 | - | -€35,300 | |
| Income taxes | 67/77 | €16,502 | €31,326 | +€14,824 | +89.8% |
| Profit (loss) for the period | 9904 | €186,392 | €58,343 | -€128,049 | -68.7% |
| Transfer from tax-exempt reserves | 789 | €4,410 | €14,120 | +€9,710 | +220% |
| Transfer to tax-exempt reserves | 689 | €141,200 | - | -€141,200 | |
| Profit (loss) for the period to be appropriated | 9905 | €49,602 | €72,463 | +€22,861 | +46.1% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 July 2024 and 31 July 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.