VIERKAND: 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.
VIERKAND
Largest movements
- Receivables within one year -€252,736
down €252,736 (-91.1%), from €277,540 to €24,804
of which Other amounts receivable: -€254,206
- Tangible fixed assets +€144,098
up €144,098 (+26.6%), from €540,901 to €684,998
of which Furniture and vehicles: +€160,830
- Receivables after one year -€41,083
down €41,083 (-7.0%), from €587,500 to €546,417
- Cash -€27,741
down €27,741 (-19.8%), from €140,286 to €112,545
mainly Investment in fixed assets (net) (-€163,716) and Debts after one year (-€155,522)
- Debts after one year -€155,522
down €155,522 (-40.3%), from €385,489 to €229,967
- Profit (loss) carried forward -€65,990
down €65,990 (-6.1%), from €1.1m to €1.0m
- Other debts +€35,373
up €35,373 (+62.3%), from €56,819 to €92,192
- Financial charges -€51,726
down €51,726 (-88.3%), from €58,587 to €6,861
- Financial income -€10,963
down €10,963 (-29.6%), from €37,073 to €26,110
- Gross operating margin -€9,569
down €9,569 (-20.1%), from €47,575 to €38,006
- Depreciation +€2,165
up €2,165 (+12.4%), from €17,453 to €19,619
- Taxes -€1,793
down €1,793 (-18.8%), from €9,549 to €7,756
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 | €1,624,146 | €1,449,705 | -€174,441 | -10.7% |
| Fixed assets | 21/28 | €616,553 | €760,650 | +€144,098 | +23.4% |
| Tangible fixed assets | 22/27 | €540,901 | €684,998 | +€144,098 | +26.6% |
| Land and buildings | 22 | €539,813 | €523,287 | -€16,526 | -3.1% |
| Plant, machinery and equipment | 23 | €207 | €0 | -€207 | -100% |
| Furniture and vehicles | 24 | €881 | €161,711 | +€160,830 | +18,245% |
| Financial fixed assets | 28 | €75,652 | €75,652 | = | 0.0% |
| Current assets | 29/58 | €1,007,593 | €689,055 | -€318,538 | -31.6% |
| Amounts receivable after more than one year | 29 | €587,500 | €546,417 | -€41,083 | -7.0% |
| Other amounts receivable | 291 | €587,500 | €546,417 | -€41,083 | -7.0% |
| Amounts receivable within one year | 40/41 | €277,540 | €24,804 | -€252,736 | -91.1% |
| Trade receivables | 40 | €7,000 | €8,470 | +€1,470 | +21.0% |
| Other amounts receivable | 41 | €270,540 | €16,334 | -€254,206 | -94.0% |
| Cash at bank and in hand | 54/58 | €140,286 | €112,545 | -€27,741 | -19.8% |
| Deferred charges and accrued income | 490/1 | €2,266 | €5,289 | +€3,023 | +133% |
| Total equity and liabilities | 10/49 | €1,624,146 | €1,449,705 | -€174,441 | -10.7% |
| Equity | 10/15 | €1,156,529 | €1,090,539 | -€65,990 | -5.7% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €7,500 | €7,500 | = | 0.0% |
| Distributable reserves | 133 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,074,029 | €1,008,039 | -€65,990 | -6.1% |
| Amounts payable | 17/49 | €467,617 | €359,167 | -€108,451 | -23.2% |
| Amounts payable after more than one year | 17 | €385,489 | €229,967 | -€155,522 | -40.3% |
| Financial debts | 170/4 | €385,489 | €229,967 | -€155,522 | -40.3% |
| Amounts payable within one year | 42/48 | €81,045 | €125,209 | +€44,164 | +54.5% |
| Current portion of amounts payable after more than one year | 42 | €16,367 | €30,522 | +€14,155 | +86.5% |
| Trade debts | 44 | €880 | €958 | +€77 | +8.8% |
| Suppliers | 440/4 | €880 | €958 | +€77 | +8.8% |
| Taxes, remuneration and social security | 45 | €6,979 | €1,537 | -€5,442 | -78.0% |
| Taxes | 450/3 | €5,479 | €37 | -€5,442 | -99.3% |
| Remuneration and social security | 454/9 | €1,500 | €1,500 | = | 0.0% |
| Other amounts payable | 47/48 | €56,819 | €92,192 | +€35,373 | +62.3% |
| Accrued charges and deferred income | 492/3 | €1,084 | €3,990 | +€2,907 | +268% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,453 | €19,619 | +€2,165 | +12.4% |
| Other operating charges | 640/8 | €7,345 | €7,636 | +€290 | +4.0% |
| Gross operating margin | 9900 | €47,575 | €38,006 | -€9,569 | -20.1% |
| Operating profit (loss) | 9901 | €22,776 | €10,752 | -€12,024 | -52.8% |
| Financial income | 75/76B | €37,073 | €26,110 | -€10,963 | -29.6% |
| Recurring financial income | 75 | €37,073 | €26,110 | -€10,963 | -29.6% |
| Financial charges | 65/66B | €58,587 | €6,861 | -€51,726 | -88.3% |
| Recurring financial charges | 65 | €58,587 | €6,861 | -€51,726 | -88.3% |
| Profit (loss) for the period before taxes | 9903 | €1,262 | €30,001 | +€28,739 | +2,277% |
| Income taxes | 67/77 | €9,549 | €7,756 | -€1,793 | -18.8% |
| Profit (loss) for the period | 9904 | -€8,287 | €22,245 | +€30,532 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,287 | €22,245 | +€30,532 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.