VANDEVELDE DRIES: 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.
VANDEVELDE DRIES
Largest movements
- Receivables within one year +€108,228
up €108,228 (+163%), from €66,458 to €174,686
of which Trade receivables: +€85,968
- Receivables after one year -€105,779
down €105,779 (-77.2%), from €136,998 to €31,219
- Current investments +€94,527
up €94,527 (+94.5%), from €100,000 to €194,527
- Cash -€33,265
down €33,265 (-36.9%), from €90,098 to €56,833
mainly Receivables within one year (-€108,228) and Current investments (-€94,527)
- Deferred charges and accrued income -€9,994
down €9,994 (-96.1%), from €10,404 to €410
- Reserves +€42,918
up €42,918 (+12.1%), from €355,564 to €398,482
- Tax, wage and social debts +€5,288
up €5,288 (+35.5%), from €14,901 to €20,189
of which Taxes: +€5,288
- Gross operating margin +€87,852
up €87,852 (+188%), from €46,647 to €134,499
- Taxes +€24,892
up €24,892 (+185%), from €13,463 to €38,355
- Financial charges +€1,903
up €1,903 (+220%), from €866 to €2,769
- Financial income -€1,632
down €1,632 (-37.1%), from €4,396 to €2,764
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 | €403,958 | €457,675 | +€53,717 | +13.3% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €403,958 | €457,675 | +€53,717 | +13.3% |
| Amounts receivable after more than one year | 29 | €136,998 | €31,219 | -€105,779 | -77.2% |
| Other amounts receivable | 291 | €136,998 | €31,219 | -€105,779 | -77.2% |
| Amounts receivable within one year | 40/41 | €66,458 | €174,686 | +€108,228 | +163% |
| Trade receivables | 40 | €12,100 | €98,068 | +€85,968 | +710% |
| Other amounts receivable | 41 | €54,358 | €76,618 | +€22,260 | +41.0% |
| Current investments | 50/53 | €100,000 | €194,527 | +€94,527 | +94.5% |
| Cash at bank and in hand | 54/58 | €90,098 | €56,833 | -€33,265 | -36.9% |
| Deferred charges and accrued income | 490/1 | €10,404 | €410 | -€9,994 | -96.1% |
| Total equity and liabilities | 10/49 | €403,958 | €457,675 | +€53,717 | +13.3% |
| Equity | 10/15 | €376,249 | €419,167 | +€42,918 | +11.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €355,564 | €398,482 | +€42,918 | +12.1% |
| Distributable reserves | 133 | €355,564 | €398,482 | +€42,918 | +12.1% |
| Profit (loss) carried forward | 14 | €685 | €685 | = | 0.0% |
| Amounts payable | 17/49 | €27,709 | €38,508 | +€10,799 | +39.0% |
| Amounts payable within one year | 42/48 | €27,034 | €37,805 | +€10,771 | +39.8% |
| Trade debts | 44 | €482 | €3,333 | +€2,851 | +592% |
| Suppliers | 440/4 | €482 | €3,333 | +€2,851 | +592% |
| Taxes, remuneration and social security | 45 | €14,901 | €20,189 | +€5,288 | +35.5% |
| Taxes | 450/3 | €10,876 | €16,164 | +€5,288 | +48.6% |
| Remuneration and social security | 454/9 | €4,025 | €4,025 | = | 0.0% |
| Other amounts payable | 47/48 | €11,651 | €14,283 | +€2,632 | +22.6% |
| Accrued charges and deferred income | 492/3 | €675 | €703 | +€28 | +4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €87 | €0 | -€87 | -100% |
| Other operating charges | 640/8 | €502 | €526 | +€23 | +4.7% |
| Gross operating margin | 9900 | €46,647 | €134,499 | +€87,852 | +188% |
| Operating profit (loss) | 9901 | €46,058 | €133,973 | +€87,916 | +191% |
| Financial income | 75/76B | €4,396 | €2,764 | -€1,632 | -37.1% |
| Recurring financial income | 75 | €4,396 | €2,764 | -€1,632 | -37.1% |
| Financial charges | 65/66B | €866 | €2,769 | +€1,903 | +220% |
| Recurring financial charges | 65 | €866 | €2,769 | +€1,903 | +220% |
| Profit (loss) for the period before taxes | 9903 | €49,588 | €133,969 | +€84,380 | +170% |
| Income taxes | 67/77 | €13,463 | €38,355 | +€24,892 | +185% |
| Profit (loss) for the period | 9904 | €36,126 | €95,614 | +€59,488 | +165% |
| Profit (loss) for the period to be appropriated | 9905 | €36,126 | €95,614 | +€59,488 | +165% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.