van Rie: what changed
Two fiscal 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.
van Rie
Largest movements
- Cash -€45,664
down €45,664 (-79.9%), from €57,163 to €11,499
mainly Contributions, distributions and other (-€103,000) and Receivables within one year (-€5,011)
- Receivables within one year +€5,011
up €5,011 (+25.9%), from €19,378 to €24,389
of which Trade receivables: +€6,350
- Stocks and contracts -€1,863
down €1,863 (-8.4%), from €22,085 to €20,222
- Tangible fixed assets -€1,774
down €1,774 (-41.7%), from €4,256 to €2,483
of which Plant, machinery and equipment: -€1,418
- Profit (loss) carried forward -€44,546
down €44,546 (-76.1%), from €58,534 to €13,987
- Gross operating margin +€23,474
up €23,474 (+40.8%), from €57,576 to €81,051
- Taxes +€6,376
up €6,376 (+46.9%), from €13,593 to €19,969
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.
Cash bridge derived
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 | €102,917 | €58,735 | -€44,182 | -42.9% |
| Fixed assets | 21/28 | €4,256 | €2,483 | -€1,774 | -41.7% |
| Tangible fixed assets | 22/27 | €4,256 | €2,483 | -€1,774 | -41.7% |
| Plant, machinery and equipment | 23 | €3,627 | €2,210 | -€1,418 | -39.1% |
| Furniture and vehicles | 24 | €629 | €273 | -€356 | -56.6% |
| Current assets | 29/58 | €98,661 | €56,252 | -€42,408 | -43.0% |
| Stocks and contracts in progress | 3 | €22,085 | €20,222 | -€1,863 | -8.4% |
| Stocks | 30/36 | €22,085 | €20,222 | -€1,863 | -8.4% |
| Amounts receivable within one year | 40/41 | €19,378 | €24,389 | +€5,011 | +25.9% |
| Trade receivables | 40 | €17,054 | €23,404 | +€6,350 | +37.2% |
| Other amounts receivable | 41 | €2,323 | €985 | -€1,339 | -57.6% |
| Cash at bank and in hand | 54/58 | €57,163 | €11,499 | -€45,664 | -79.9% |
| Deferred charges and accrued income | 490/1 | €34 | €141 | +€107 | +310.7% |
| Total equity and liabilities | 10/49 | €102,917 | €58,735 | -€44,182 | -42.9% |
| Equity | 10/15 | €80,534 | €35,987 | -€44,546 | -55.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €58,534 | €13,987 | -€44,546 | -76.1% |
| Amounts payable | 17/49 | €22,383 | €22,747 | +€364 | +1.6% |
| Amounts payable within one year | 42/48 | €22,383 | €22,747 | +€364 | +1.6% |
| Trade debts | 44 | €1,643 | €2,253 | +€610 | +37.2% |
| Suppliers | 440/4 | €1,643 | €2,253 | +€610 | +37.2% |
| Taxes, remuneration and social security | 45 | €584 | €338 | -€246 | -42.2% |
| Taxes | 450/3 | €584 | €338 | -€246 | -42.2% |
| Other amounts payable | 47/48 | €20,157 | €20,157 | = | 0.0% |
| Non-recurring operating income | 76A | - | €83 | +€83 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,877 | €2,057 | +€181 | +9.6% |
| Other operating charges | 640/8 | €708 | €730 | +€22 | +3.0% |
| Non-recurring operating charges | 66A | €63 | €75 | +€12 | +19.5% |
| Gross operating margin | 9900 | €57,576 | €81,051 | +€23,474 | +40.8% |
| Operating profit (loss) | 9901 | €54,928 | €78,188 | +€23,260 | +42.3% |
| Financial income | 75/76B | €89 | €277 | +€188 | +209.6% |
| Recurring financial income | 75 | €89 | €277 | +€188 | +209.6% |
| Financial charges | 65/66B | €46 | €42 | -€4 | -8.0% |
| Recurring financial charges | 65 | €46 | €42 | -€4 | -8.0% |
| Profit (loss) for the period before taxes | 9903 | €54,972 | €78,423 | +€23,451 | +42.7% |
| Income taxes | 67/77 | €13,593 | €19,969 | +€6,376 | +46.9% |
| Profit (loss) for the period | 9904 | €41,379 | €58,454 | +€17,075 | +41.3% |
| Profit (loss) for the period to be appropriated | 9905 | €41,379 | €58,454 | +€17,075 | +41.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.