VIEUX PUITS: 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.
VIEUX PUITS
Largest movements
- Tangible fixed assets -€26,380
down €26,380 (-23.5%), from €112,026 to €85,646
of which Furniture and vehicles: -€15,332
- Cash -€23,852
down €23,852 (-79.1%), from €30,137 to €6,285
mainly Tax, wage and social debts (-€18,831) and Stocks and contracts (-€17,579)
- Stocks and contracts +€17,579
up €17,579 (+122%), from €14,367 to €31,946
- Deferred charges and accrued income +€13,933
up €13,933 (+275%), from €5,063 to €18,996
- Receivables within one year +€13,402
up €13,402 (+85.8%), from €15,619 to €29,021
of which Other amounts receivable: +€16,170
- Trade debts +€35,180
up €35,180 (+55.6%), from €63,286 to €98,466
- Tax, wage and social debts -€18,831
down €18,831 (-28.2%), from €66,694 to €47,863
of which Taxes: -€10,838
- Short-term financial debts -€12,539
no longer reported in 2025 (was €12,539)
- Current portion of long-term debt -€8,657
down €8,657 (-83.1%), from €10,415 to €1,759
- Profit (loss) carried forward +€2,373
up €2,373 (+2.2%), from -€107,715 to -€105,343
- Staff costs +€12,047
up €12,047 (+6.3%), from €191,213 to €203,260
- Taxes -€3,626
down €3,626, from €3,505 to -€121
- Financial charges +€3,276
up €3,276 (+28.4%), from €11,556 to €14,832
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 | €177,668 | €172,349 | -€5,319 | -3.0% |
| Fixed assets | 21/28 | €112,482 | €86,102 | -€26,380 | -23.5% |
| Tangible fixed assets | 22/27 | €112,026 | €85,646 | -€26,380 | -23.5% |
| Plant, machinery and equipment | 23 | €7,949 | €6,251 | -€1,699 | -21.4% |
| Furniture and vehicles | 24 | €52,212 | €36,880 | -€15,332 | -29.4% |
| Other tangible fixed assets | 26 | €51,864 | €42,515 | -€9,349 | -18.0% |
| Financial fixed assets | 28 | €456 | €456 | = | 0.0% |
| Current assets | 29/58 | €65,186 | €86,247 | +€21,061 | +32.3% |
| Stocks and contracts in progress | 3 | €14,367 | €31,946 | +€17,579 | +122% |
| Stocks | 30/36 | €14,367 | €31,946 | +€17,579 | +122% |
| Amounts receivable within one year | 40/41 | €15,619 | €29,021 | +€13,402 | +85.8% |
| Trade receivables | 40 | €2,769 | - | -€2,769 | |
| Other amounts receivable | 41 | €12,850 | €29,021 | +€16,170 | +126% |
| Cash at bank and in hand | 54/58 | €30,137 | €6,285 | -€23,852 | -79.1% |
| Deferred charges and accrued income | 490/1 | €5,063 | €18,996 | +€13,933 | +275% |
| Total equity and liabilities | 10/49 | €177,668 | €172,349 | -€5,319 | -3.0% |
| Equity | 10/15 | €17,285 | €19,657 | +€2,373 | +13.7% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€107,715 | -€105,343 | +€2,373 | +2.2% |
| Amounts payable | 17/49 | €160,383 | €152,692 | -€7,691 | -4.8% |
| Amounts payable after more than one year | 17 | €1,759 | - | -€1,759 | |
| Financial debts | 170/4 | €1,759 | - | -€1,759 | |
| Amounts payable within one year | 42/48 | €158,265 | €152,247 | -€6,017 | -3.8% |
| Current portion of amounts payable after more than one year | 42 | €10,415 | €1,759 | -€8,657 | -83.1% |
| Financial debts | 43 | €12,539 | - | -€12,539 | |
| Credit institutions | 430/8 | €12,539 | - | -€12,539 | |
| Trade debts | 44 | €63,286 | €98,466 | +€35,180 | +55.6% |
| Suppliers | 440/4 | €63,286 | €98,466 | +€35,180 | +55.6% |
| Advances received on contracts in progress | 46 | €330 | €160 | -€170 | -51.5% |
| Taxes, remuneration and social security | 45 | €66,694 | €47,863 | -€18,831 | -28.2% |
| Taxes | 450/3 | €30,682 | €19,844 | -€10,838 | -35.3% |
| Remuneration and social security | 454/9 | €36,012 | €28,018 | -€7,993 | -22.2% |
| Other amounts payable | 47/48 | €5,000 | €4,000 | -€1,000 | -20.0% |
| Accrued charges and deferred income | 492/3 | €360 | €444 | +€85 | +23.6% |
| Remuneration, social security and pensions | 62 | €191,213 | €203,260 | +€12,047 | +6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,732 | €31,906 | +€2,174 | +7.3% |
| Other operating charges | 640/8 | €8,100 | €7,604 | -€496 | -6.1% |
| Gross operating margin | 9900 | €259,673 | €259,186 | -€486 | -0.2% |
| Operating profit (loss) | 9901 | €30,628 | €16,417 | -€14,211 | -46.4% |
| Financial income | 75/76B | €638 | €667 | +€29 | +4.6% |
| Recurring financial income | 75 | €638 | €667 | +€29 | +4.6% |
| Financial charges | 65/66B | €11,556 | €14,832 | +€3,276 | +28.4% |
| Recurring financial charges | 65 | €11,556 | €14,832 | +€3,276 | +28.4% |
| Profit (loss) for the period before taxes | 9903 | €19,710 | €2,252 | -€17,458 | -88.6% |
| Income taxes | 67/77 | €3,505 | -€121 | -€3,626 | |
| Profit (loss) for the period | 9904 | €16,205 | €2,373 | -€13,832 | -85.4% |
| Profit (loss) for the period to be appropriated | 9905 | €16,205 | €2,373 | -€13,832 | -85.4% |
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 28 October 2026 via checked.be.