In de Vismijn: what changed
In de Vismijn
Largest movements
- Receivables within one year +€45,072
up €45,072 (+22.1%), from €204,250 to €249,322
of which Trade receivables: +€32,827
- Tangible fixed assets -€37,012
down €37,012 (-7.0%), from €532,401 to €495,389
- Intangible fixed assets -€13,333
down €13,333 (-7.8%), from €170,009 to €156,676
- Cash -€10,098
down €10,098 (-14.7%), from €68,541 to €58,443
mainly Receivables within one year (-€45,072) and Debts after one year (-€25,538)
- Debts after one year -€25,538
down €25,538 (-6.8%), from €373,307 to €347,769
- Trade debts -€22,117
down €22,117 (-24.2%), from €91,329 to €69,212
- Other debts +€18,000
up €18,000 (+51.3%), from €35,100 to €53,100
- Current portion of long-term debt +€11,473
up €11,473 (+25.6%), from €44,799 to €56,272
- Gross operating margin -€110,229
down €110,229 (-60.2%), from €183,131 to €72,902
- Staff costs -€65,825
down €65,825, from €62,460 to -€3,365
- Other operating charges -€19,790
down €19,790 (-89.0%), from €22,230 to €2,440
- Depreciation +€12,479
up €12,479 (+33.0%), from €37,866 to €50,345
- Taxes -€10,490
down €10,490 (-76.7%), from €13,671 to €3,181
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €977,991 | €961,173 | -€16,818 | -1.7% |
| Fixed assets | 21/28 | €702,410 | €652,065 | -€50,345 | -7.2% |
| Intangible fixed assets | 21 | €170,009 | €156,676 | -€13,333 | -7.8% |
| Tangible fixed assets | 22/27 | €532,401 | €495,389 | -€37,012 | -7.0% |
| Land and buildings | 22 | €383,933 | €371,978 | -€11,955 | -3.1% |
| Plant, machinery and equipment | 23 | €81,343 | €70,370 | -€10,973 | -13.5% |
| Furniture and vehicles | 24 | €67,125 | €53,041 | -€14,084 | -21.0% |
| Current assets | 29/58 | €275,582 | €309,109 | +€33,527 | +12.2% |
| Amounts receivable within one year | 40/41 | €204,250 | €249,322 | +€45,072 | +22.1% |
| Trade receivables | 40 | €132,857 | €165,684 | +€32,827 | +24.7% |
| Other amounts receivable | 41 | €71,394 | €83,638 | +€12,244 | +17.2% |
| Cash at bank and in hand | 54/58 | €68,541 | €58,443 | -€10,098 | -14.7% |
| Deferred charges and accrued income | 490/1 | €2,790 | €1,343 | -€1,447 | -51.8% |
| Total equity and liabilities | 10/49 | €977,991 | €961,173 | -€16,818 | -1.7% |
| Equity | 10/15 | €407,064 | €414,400 | +€7,336 | +1.8% |
| Contributions | 10/11 | €24,000 | €24,000 | = | 0.0% |
| Reserves | 13 | €383,064 | €390,400 | +€7,336 | +1.9% |
| Distributable reserves | 133 | €383,064 | €390,400 | +€7,336 | +1.9% |
| Amounts payable | 17/49 | €570,928 | €546,773 | -€24,154 | -4.2% |
| Amounts payable after more than one year | 17 | €373,307 | €347,769 | -€25,538 | -6.8% |
| Financial debts | 170/4 | €373,307 | €347,769 | -€25,538 | -6.8% |
| Amounts payable within one year | 42/48 | €197,621 | €199,005 | +€1,384 | +0.7% |
| Current portion of amounts payable after more than one year | 42 | €44,799 | €56,272 | +€11,473 | +25.6% |
| Trade debts | 44 | €91,329 | €69,212 | -€22,117 | -24.2% |
| Suppliers | 440/4 | €91,329 | €69,212 | -€22,117 | -24.2% |
| Taxes, remuneration and social security | 45 | €26,393 | €20,421 | -€5,972 | -22.6% |
| Taxes | 450/3 | €11,050 | €12,821 | +€1,771 | +16.0% |
| Remuneration and social security | 454/9 | €15,343 | €7,600 | -€7,743 | -50.5% |
| Other amounts payable | 47/48 | €35,100 | €53,100 | +€18,000 | +51.3% |
| Remuneration, social security and pensions | 62 | €62,460 | -€3,365 | -€65,825 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,866 | €50,345 | +€12,479 | +33.0% |
| Other operating charges | 640/8 | €22,230 | €2,440 | -€19,790 | -89.0% |
| Gross operating margin | 9900 | €183,131 | €72,902 | -€110,229 | -60.2% |
| Operating profit (loss) | 9901 | €60,575 | €23,482 | -€37,094 | -61.2% |
| Financial income | 75/76B | €9 | €3 | -€6 | -62.5% |
| Recurring financial income | 75 | €9 | €3 | -€6 | -62.5% |
| Financial charges | 65/66B | €11,410 | €12,968 | +€1,558 | +13.7% |
| Recurring financial charges | 65 | €11,410 | €12,968 | +€1,558 | +13.7% |
| Profit (loss) for the period before taxes | 9903 | €49,175 | €10,517 | -€38,657 | -78.6% |
| Income taxes | 67/77 | €13,671 | €3,181 | -€10,490 | -76.7% |
| Profit (loss) for the period | 9904 | €35,504 | €7,336 | -€28,168 | -79.3% |
| Profit (loss) for the period to be appropriated | 9905 | €35,504 | €7,336 | -€28,168 | -79.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.