UW-VRIJHEID: what changed
UW-VRIJHEID
Largest movements
- Receivables within one year +€42,475
up €42,475 (+22.9%), from €185,433 to €227,908
of which Trade receivables: +€24,713
- Tangible fixed assets -€30,292
down €30,292 (-40.7%), from €74,441 to €44,150
- Cash +€28,721
up €28,721 (+125%), from €22,897 to €51,618
mainly Depreciation (+€30,292) and Other debts (+€16,000)
- Other debts +€16,000
up €16,000 (+21.3%), from €75,100 to €91,100
- Reserves +€12,780
up €12,780 (+38.6%), from €33,068 to €45,848
- Tax, wage and social debts +€11,699
up €11,699 (+70.9%), from €16,506 to €28,205
of which Remuneration and social security: +€13,830
- Staff costs +€33,257
up €33,257 (+40.6%), from €81,880 to €115,137
- Taxes -€8,020
down €8,020 (-52.6%), from €15,259 to €7,239
- Gross operating margin +€5,886
up €5,886 (+3.6%), from €161,278 to €167,164
Change in the result, 2025 to 2026
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 2025 and 2026 balance sheets and the 2026 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 | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €283,606 | €324,510 | +€40,904 | +14.4% |
| Fixed assets | 21/28 | €74,591 | €44,300 | -€30,292 | -40.6% |
| Tangible fixed assets | 22/27 | €74,441 | €44,150 | -€30,292 | -40.7% |
| Land and buildings | 22 | €74,441 | €44,150 | -€30,292 | -40.7% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €209,014 | €280,210 | +€71,196 | +34.1% |
| Amounts receivable within one year | 40/41 | €185,433 | €227,908 | +€42,475 | +22.9% |
| Trade receivables | 40 | €35,433 | €60,146 | +€24,713 | +69.7% |
| Other amounts receivable | 41 | €150,000 | €167,761 | +€17,761 | +11.8% |
| Cash at bank and in hand | 54/58 | €22,897 | €51,618 | +€28,721 | +125% |
| Deferred charges and accrued income | 490/1 | €684 | €684 | = | 0.0% |
| Total equity and liabilities | 10/49 | €283,606 | €324,510 | +€40,904 | +14.4% |
| Equity | 10/15 | €187,298 | €200,078 | +€12,780 | +6.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €33,068 | €45,848 | +€12,780 | +38.6% |
| Distributable reserves | 133 | €33,068 | €45,848 | +€12,780 | +38.6% |
| Profit (loss) carried forward | 14 | €135,630 | €135,630 | = | 0.0% |
| Amounts payable | 17/49 | €96,308 | €124,432 | +€28,124 | +29.2% |
| Amounts payable within one year | 42/48 | €96,308 | €124,432 | +€28,124 | +29.2% |
| Trade debts | 44 | €4,701 | €5,127 | +€425 | +9.0% |
| Suppliers | 440/4 | €4,701 | €5,127 | +€425 | +9.0% |
| Taxes, remuneration and social security | 45 | €16,506 | €28,205 | +€11,699 | +70.9% |
| Taxes | 450/3 | €6,035 | €3,903 | -€2,132 | -35.3% |
| Remuneration and social security | 454/9 | €10,471 | €24,302 | +€13,830 | +132% |
| Other amounts payable | 47/48 | €75,100 | €91,100 | +€16,000 | +21.3% |
| Remuneration, social security and pensions | 62 | €81,880 | €115,137 | +€33,257 | +40.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,526 | €30,292 | -€1,234 | -3.9% |
| Other operating charges | 640/8 | €2,175 | €2,250 | +€75 | +3.5% |
| Gross operating margin | 9900 | €161,278 | €167,164 | +€5,886 | +3.6% |
| Operating profit (loss) | 9901 | €45,697 | €19,485 | -€26,212 | -57.4% |
| Financial income | 75/76B | €826 | €598 | -€228 | -27.6% |
| Recurring financial income | 75 | €826 | €598 | -€228 | -27.6% |
| Financial charges | 65/66B | €56 | €64 | +€9 | +15.3% |
| Recurring financial charges | 65 | €56 | €64 | +€9 | +15.3% |
| Profit (loss) for the period before taxes | 9903 | €46,467 | €20,019 | -€26,448 | -56.9% |
| Income taxes | 67/77 | €15,259 | €7,239 | -€8,020 | -52.6% |
| Profit (loss) for the period | 9904 | €31,208 | €12,780 | -€18,428 | -59.0% |
| Profit (loss) for the period to be appropriated | 9905 | €31,208 | €12,780 | -€18,428 | -59.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.