VierWerf17: 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.
VierWerf17
Largest movements
- Cash -€153,703
down €153,703 (-51.3%), from €299,667 to €145,963
mainly Tax, wage and social debts (-€73,752) and Trade debts (-€35,961)
- Stocks and contracts +€19,933
new in 2025: €19,933
- Tangible fixed assets -€5,578
down €5,578 (-14.2%), from €39,339 to €33,761
- Tax, wage and social debts -€73,752
no longer reported in 2025 (was €73,752)
- Trade debts -€35,961
down €35,961 (-99.7%), from €36,078 to €117
- Profit (loss) carried forward -€18,674
down €18,674 (-52.7%), from €35,424 to €16,750
- Debts after one year -€7,371
down €7,371 (-7.1%), from €103,376 to €96,005
- Accrued charges and deferred income -€3,888
down €3,888 (-40.3%), from €9,638 to €5,750
- Gross operating margin -€109,386
down €109,386, from €104,664 to -€4,722
- Taxes -€20,398
down €20,398 (-99.4%), from €20,530 to €132
- Financial charges -€11,062
down €11,062 (-67.1%), from €16,477 to €5,414
- Depreciation +€5,297
up €5,297 (+146%), from €3,625 to €8,923
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 | €340,604 | €200,993 | -€139,611 | -41.0% |
| Fixed assets | 21/28 | €39,339 | €33,761 | -€5,578 | -14.2% |
| Tangible fixed assets | 22/27 | €39,339 | €33,761 | -€5,578 | -14.2% |
| Furniture and vehicles | 24 | €39,339 | €33,761 | -€5,578 | -14.2% |
| Current assets | 29/58 | €301,265 | €167,232 | -€134,034 | -44.5% |
| Stocks and contracts in progress | 3 | - | €19,933 | +€19,933 | |
| Stocks | 30/36 | - | €19,933 | +€19,933 | |
| Amounts receivable within one year | 40/41 | €170 | €553 | +€383 | +225% |
| Other amounts receivable | 41 | €170 | €553 | +€383 | +225% |
| Cash at bank and in hand | 54/58 | €299,667 | €145,963 | -€153,703 | -51.3% |
| Deferred charges and accrued income | 490/1 | €1,429 | €782 | -€646 | -45.2% |
| Total equity and liabilities | 10/49 | €340,604 | €200,993 | -€139,611 | -41.0% |
| Equity | 10/15 | €110,424 | €91,750 | -€18,674 | -16.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €65,000 | €65,000 | = | 0.0% |
| Distributable reserves | 133 | €65,000 | €65,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,424 | €16,750 | -€18,674 | -52.7% |
| Amounts payable | 17/49 | €230,180 | €109,243 | -€120,937 | -52.5% |
| Amounts payable after more than one year | 17 | €103,376 | €96,005 | -€7,371 | -7.1% |
| Financial debts | 170/4 | €103,376 | €96,005 | -€7,371 | -7.1% |
| Amounts payable within one year | 42/48 | €117,166 | €7,487 | -€109,678 | -93.6% |
| Current portion of amounts payable after more than one year | 42 | €7,110 | €7,371 | +€261 | +3.7% |
| Trade debts | 44 | €36,078 | €117 | -€35,961 | -99.7% |
| Suppliers | 440/4 | €36,078 | €117 | -€35,961 | -99.7% |
| Taxes, remuneration and social security | 45 | €73,752 | - | -€73,752 | |
| Taxes | 450/3 | €73,752 | - | -€73,752 | |
| Other amounts payable | 47/48 | €226 | - | -€226 | |
| Accrued charges and deferred income | 492/3 | €9,638 | €5,750 | -€3,888 | -40.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,625 | €8,923 | +€5,297 | +146% |
| Other operating charges | 640/8 | €678 | €752 | +€74 | +10.9% |
| Gross operating margin | 9900 | €104,664 | -€4,722 | -€109,386 | |
| Operating profit (loss) | 9901 | €100,360 | -€14,397 | -€114,757 | |
| Financial income | 75/76B | €467 | €1,269 | +€802 | +172% |
| Recurring financial income | 75 | €467 | €1,269 | +€802 | +172% |
| Financial charges | 65/66B | €16,477 | €5,414 | -€11,062 | -67.1% |
| Recurring financial charges | 65 | €16,477 | €5,414 | -€11,062 | -67.1% |
| Profit (loss) for the period before taxes | 9903 | €84,350 | -€18,542 | -€102,892 | |
| Income taxes | 67/77 | €20,530 | €132 | -€20,398 | -99.4% |
| Profit (loss) for the period | 9904 | €63,820 | -€18,674 | -€82,495 | |
| Profit (loss) for the period to be appropriated | 9905 | €63,820 | -€18,674 | -€82,495 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.