HET VLOTGRAS: 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 VLOTGRAS
Largest movements
- Cash -€2,539
down €2,539 (-46.8%), from €5,420 to €2,881
mainly Net result for the year (-€7,156) and Other debts (-€1,000)
- Profit (loss) carried forward -€7,156
down €7,156 (-2.4%), from -€295,295 to -€302,451
- Debts after one year +€5,000
up €5,000 (+1.8%), from €277,981 to €282,981
- Gross operating margin +€1,268
up €1,268 (+16.3%), from -€7,763 to -€6,495
- Financial income +€1,000
new in 2025: €1,000
- Financial charges +€91
up €91 (+67.2%), from €135 to €226
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 | €232,461 | €229,305 | -€3,156 | -1.4% |
| Fixed assets | 21/28 | €227,040 | €226,424 | -€617 | -0.3% |
| Tangible fixed assets | 22/27 | €227,040 | €226,424 | -€617 | -0.3% |
| Land and buildings | 22 | €225,017 | €225,017 | = | 0.0% |
| Plant, machinery and equipment | 23 | €1,531 | €1,144 | -€387 | -25.3% |
| Furniture and vehicles | 24 | €493 | €263 | -€230 | -46.7% |
| Current assets | 29/58 | €5,420 | €2,881 | -€2,539 | -46.8% |
| Cash at bank and in hand | 54/58 | €5,420 | €2,881 | -€2,539 | -46.8% |
| Total equity and liabilities | 10/49 | €232,461 | €229,305 | -€3,156 | -1.4% |
| Equity | 10/15 | -€46,520 | -€53,676 | -€7,156 | -15.4% |
| Contributions | 10/11 | €247,894 | €247,894 | = | 0.0% |
| Capital | 10 | €247,894 | €247,894 | = | 0.0% |
| Issued capital | 100 | €247,894 | €247,894 | = | 0.0% |
| Reserves | 13 | €882 | €882 | = | 0.0% |
| Non-distributable reserves | 130/1 | €882 | €882 | = | 0.0% |
| Legal reserve | 130 | €882 | €882 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€295,295 | -€302,451 | -€7,156 | -2.4% |
| Amounts payable | 17/49 | €278,981 | €282,981 | +€4,000 | +1.4% |
| Amounts payable after more than one year | 17 | €277,981 | €282,981 | +€5,000 | +1.8% |
| Financial debts | 170/4 | €277,981 | €282,981 | +€5,000 | +1.8% |
| Amounts payable within one year | 42/48 | €1,000 | - | -€1,000 | |
| Other amounts payable | 47/48 | €1,000 | - | -€1,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €616 | €617 | +€0 | +0.1% |
| Other operating charges | 640/8 | €786 | €819 | +€33 | +4.2% |
| Gross operating margin | 9900 | -€7,763 | -€6,495 | +€1,268 | +16.3% |
| Operating profit (loss) | 9901 | -€9,165 | -€7,930 | +€1,235 | +13.5% |
| Financial income | 75/76B | - | €1,000 | +€1,000 | |
| Recurring financial income | 75 | - | €1,000 | +€1,000 | |
| Financial charges | 65/66B | €135 | €226 | +€91 | +67.2% |
| Recurring financial charges | 65 | €135 | €226 | +€91 | +67.2% |
| Profit (loss) for the period before taxes | 9903 | -€9,300 | -€7,156 | +€2,144 | +23.1% |
| Profit (loss) for the period | 9904 | -€9,300 | -€7,156 | +€2,144 | +23.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,300 | -€7,156 | +€2,144 | +23.1% |
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.