VIERMEESTER: 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.
VIERMEESTER
Largest movements
- Cash +€17,595
up €17,595 (+104.1%), from €16,902 to €34,497
mainly Net result for the year (+€14,239) and Tax, wage and social debts (+€4,863)
- Tangible fixed assets -€3,604
down €3,604 (-38.2%), from €9,425 to €5,821
of which Furniture and vehicles: -€3,102
- Reserves +€14,239
up €14,239 (+145.2%), from €9,808 to €24,047
- Tax, wage and social debts +€4,863
up €4,863 (+104.3%), from €4,662 to €9,524
- Other debts -€4,142
down €4,142 (-28.0%), from €14,776 to €10,634
- Debts after one year -€1,458
no longer reported in 2025 (was €1,458)
- Gross operating margin +€6,343
up €6,343 (+33.1%), from €19,180 to €25,523
- Taxes +€1,647
up €1,647 (+52.9%), from €3,115 to €4,762
- Financial charges +€577
up €577 (+32.3%), from €1,787 to €2,364
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 | €36,110 | €50,099 | +€13,989 | +38.7% |
| Fixed assets | 21/28 | €17,925 | €14,321 | -€3,604 | -20.1% |
| Tangible fixed assets | 22/27 | €9,425 | €5,821 | -€3,604 | -38.2% |
| Land and buildings | 22 | €1,445 | €943 | -€502 | -34.7% |
| Furniture and vehicles | 24 | €7,981 | €4,878 | -€3,102 | -38.9% |
| Financial fixed assets | 28 | €8,500 | €8,500 | = | 0.0% |
| Current assets | 29/58 | €18,185 | €35,777 | +€17,593 | +96.7% |
| Cash at bank and in hand | 54/58 | €16,902 | €34,497 | +€17,595 | +104.1% |
| Deferred charges and accrued income | 490/1 | €1,282 | €1,280 | -€3 | -0.2% |
| Total equity and liabilities | 10/49 | €36,110 | €50,099 | +€13,989 | +38.7% |
| Equity | 10/15 | €12,808 | €27,047 | +€14,239 | +111.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €9,808 | €24,047 | +€14,239 | +145.2% |
| Distributable reserves | 133 | €9,808 | €24,047 | +€14,239 | +145.2% |
| Amounts payable | 17/49 | €23,301 | €23,051 | -€250 | -1.1% |
| Amounts payable after more than one year | 17 | €1,458 | - | -€1,458 | |
| Financial debts | 170/4 | €1,458 | - | -€1,458 | |
| Amounts payable within one year | 42/48 | €21,843 | €23,051 | +€1,208 | +5.5% |
| Current portion of amounts payable after more than one year | 42 | €1,271 | €1,458 | +€187 | +14.7% |
| Trade debts | 44 | €1,134 | €1,434 | +€300 | +26.4% |
| Suppliers | 440/4 | €1,134 | €1,434 | +€300 | +26.4% |
| Taxes, remuneration and social security | 45 | €4,662 | €9,524 | +€4,863 | +104.3% |
| Taxes | 450/3 | €4,662 | €9,524 | +€4,863 | +104.3% |
| Other amounts payable | 47/48 | €14,776 | €10,634 | -€4,142 | -28.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,604 | €3,604 | = | 0.0% |
| Other operating charges | 640/8 | €703 | €593 | -€110 | -15.6% |
| Gross operating margin | 9900 | €19,180 | €25,523 | +€6,343 | +33.1% |
| Operating profit (loss) | 9901 | €14,873 | €21,326 | +€6,452 | +43.4% |
| Financial income | 75/76B | - | €39 | +€39 | |
| Recurring financial income | 75 | - | €39 | +€39 | |
| Financial charges | 65/66B | €1,787 | €2,364 | +€577 | +32.3% |
| Recurring financial charges | 65 | €1,787 | €2,364 | +€577 | +32.3% |
| Profit (loss) for the period before taxes | 9903 | €13,086 | €19,001 | +€5,915 | +45.2% |
| Income taxes | 67/77 | €3,115 | €4,762 | +€1,647 | +52.9% |
| Profit (loss) for the period | 9904 | €9,971 | €14,239 | +€4,268 | +42.8% |
| Profit (loss) for the period to be appropriated | 9905 | €9,971 | €14,239 | +€4,268 | +42.8% |
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 2 October 2026 via checked.be.