HET VIOOLTJE: 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.
HET VIOOLTJE
Largest movements
- Cash +€40,343
up €40,343 (+24,108%), from €167 to €40,510
mainly Tax, wage and social debts (+€27,621) and Debts after one year (+€23,052)
- Tangible fixed assets +€30,236
up €30,236 (+259%), from €11,692 to €41,927
of which Furniture and vehicles: +€30,755
- Receivables within one year +€21,656
up €21,656 (+35.1%), from €61,774 to €83,430
- Stocks and contracts -€15,311
down €15,311 (-18.6%), from €82,141 to €66,830
- Tax, wage and social debts +€27,621
up €27,621 (+170%), from €16,246 to €43,867
of which Remuneration and social security: +€26,241
- Debts after one year +€23,052
up €23,052, from €0 to €23,052
- Trade debts +€18,214
up €18,214 (+72.3%), from €25,177 to €43,391
- Reserves +€6,000
up €6,000 (+7.1%), from €84,234 to €90,234
of which Distributable reserves: +€6,000
- Gross operating margin -€10,351
down €10,351 (-8.6%), from €119,772 to €109,421
- Depreciation +€5,206
up €5,206 (+107%), from €4,885 to €10,091
- Financial charges -€3,261
down €3,261, from €2,654 to -€607
- Taxes -€3,136
down €3,136 (-51.1%), from €6,136 to €3,000
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 | €159,432 | €236,356 | +€76,925 | +48.2% |
| Fixed assets | 21/28 | €15,350 | €45,585 | +€30,236 | +197% |
| Tangible fixed assets | 22/27 | €11,692 | €41,927 | +€30,236 | +259% |
| Land and buildings | 22 | €3,627 | €4,684 | +€1,057 | +29.1% |
| Plant, machinery and equipment | 23 | €1,606 | €1,150 | -€456 | -28.4% |
| Furniture and vehicles | 24 | €3,660 | €34,415 | +€30,755 | +840% |
| Other tangible fixed assets | 26 | €2,799 | €1,679 | -€1,120 | -40.0% |
| Financial fixed assets | 28 | €3,658 | €3,658 | = | 0.0% |
| Current assets | 29/58 | €144,082 | €190,771 | +€46,689 | +32.4% |
| Stocks and contracts in progress | 3 | €82,141 | €66,830 | -€15,311 | -18.6% |
| Stocks | 30/36 | €82,141 | €66,830 | -€15,311 | -18.6% |
| Amounts receivable within one year | 40/41 | €61,774 | €83,430 | +€21,656 | +35.1% |
| Trade receivables | 40 | €61,774 | €83,430 | +€21,656 | +35.1% |
| Cash at bank and in hand | 54/58 | €167 | €40,510 | +€40,343 | +24,108% |
| Total equity and liabilities | 10/49 | €159,432 | €236,356 | +€76,925 | +48.2% |
| Equity | 10/15 | €106,724 | €113,328 | +€6,604 | +6.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €84,234 | €90,234 | +€6,000 | +7.1% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €29,574 | €29,574 | = | 0.0% |
| Distributable reserves | 133 | €52,800 | €58,800 | +€6,000 | +11.4% |
| Profit (loss) carried forward | 14 | €3,899 | €4,502 | +€604 | +15.5% |
| Amounts payable | 17/49 | €52,708 | €123,028 | +€70,321 | +133% |
| Amounts payable after more than one year | 17 | €0 | €23,052 | +€23,052 | |
| Financial debts | 170/4 | €0 | €23,052 | +€23,052 | |
| Amounts payable within one year | 42/48 | €52,708 | €99,976 | +€47,269 | +89.7% |
| Current portion of amounts payable after more than one year | 42 | €6,320 | €8,621 | +€2,300 | +36.4% |
| Trade debts | 44 | €25,177 | €43,391 | +€18,214 | +72.3% |
| Suppliers | 440/4 | €25,177 | €43,391 | +€18,214 | +72.3% |
| Taxes, remuneration and social security | 45 | €16,246 | €43,867 | +€27,621 | +170% |
| Taxes | 450/3 | €8,688 | €10,069 | +€1,380 | +15.9% |
| Remuneration and social security | 454/9 | €7,558 | €33,799 | +€26,241 | +347% |
| Other amounts payable | 47/48 | €4,964 | €4,097 | -€868 | -17.5% |
| Remuneration, social security and pensions | 62 | €87,833 | €88,553 | +€719 | +0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,885 | €10,091 | +€5,206 | +107% |
| Other operating charges | 640/8 | €995 | €1,849 | +€854 | +85.8% |
| Gross operating margin | 9900 | €119,772 | €109,421 | -€10,351 | -8.6% |
| Operating profit (loss) | 9901 | €26,059 | €8,929 | -€17,131 | -65.7% |
| Financial income | 75/76B | €1,016 | €68 | -€948 | -93.3% |
| Recurring financial income | 75 | €1,016 | €68 | -€948 | -93.3% |
| Financial charges | 65/66B | €2,654 | -€607 | -€3,261 | |
| Recurring financial charges | 65 | €2,654 | -€607 | -€3,261 | |
| Profit (loss) for the period before taxes | 9903 | €24,422 | €9,604 | -€14,818 | -60.7% |
| Income taxes | 67/77 | €6,136 | €3,000 | -€3,136 | -51.1% |
| Profit (loss) for the period | 9904 | €18,286 | €6,604 | -€11,682 | -63.9% |
| Profit (loss) for the period to be appropriated | 9905 | €18,286 | €6,604 | -€11,682 | -63.9% |
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 24 October 2026 via checked.be.