Vileyn Consult: 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.
Vileyn Consult
Largest movements
- Tangible fixed assets +€358,863
up €358,863 (+22.5%), from €1.6m to €2.0m
of which Land and buildings: +€356,458
- Receivables within one year +€251,753
up €251,753 (+374%), from €67,290 to €319,043
of which Other amounts receivable: +€240,215
- Cash -€198,220
down €198,220 (-89.1%), from €222,371 to €24,151
mainly Investment in fixed assets (net) (-€419,227) and Receivables within one year (-€251,753)
- Financial fixed assets -€75,000
down €75,000 (-8.7%), from €864,753 to €789,753
- Other debts +€143,818
up €143,818 (+38.8%), from €370,588 to €514,407
- Debts after one year +€110,001
up €110,001 (+38.6%), from €285,058 to €395,059
- Reserves +€78,627
up €78,627 (+4.1%), from €1.9m to €2.0m
of which Distributable reserves: +€78,627
- Gross operating margin +€76,454
up €76,454 (+20.2%), from €379,256 to €455,710
- Depreciation +€47,943
up €47,943 (+54.8%), from €87,421 to €135,364
- Staff costs +€9,535
up €9,535 (+6.3%), from €151,718 to €161,253
- Financial charges +€8,001
up €8,001 (+22.7%), from €35,213 to €43,214
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 | €2,762,602 | €3,101,414 | +€338,812 | +12.3% |
| Fixed assets | 21/28 | €2,463,176 | €2,747,039 | +€283,863 | +11.5% |
| Tangible fixed assets | 22/27 | €1,598,423 | €1,957,286 | +€358,863 | +22.5% |
| Land and buildings | 22 | €1,581,199 | €1,937,657 | +€356,458 | +22.5% |
| Plant, machinery and equipment | 23 | €4,625 | €4,417 | -€208 | -4.5% |
| Furniture and vehicles | 24 | €8,724 | €11,337 | +€2,613 | +29.9% |
| Other tangible fixed assets | 26 | €3,875 | €3,875 | = | 0.0% |
| Financial fixed assets | 28 | €864,753 | €789,753 | -€75,000 | -8.7% |
| Current assets | 29/58 | €299,426 | €354,375 | +€54,949 | +18.4% |
| Amounts receivable within one year | 40/41 | €67,290 | €319,043 | +€251,753 | +374% |
| Trade receivables | 40 | €1,000 | €12,539 | +€11,539 | +1,154% |
| Other amounts receivable | 41 | €66,290 | €306,505 | +€240,215 | +362% |
| Cash at bank and in hand | 54/58 | €222,371 | €24,151 | -€198,220 | -89.1% |
| Deferred charges and accrued income | 490/1 | €9,765 | €11,181 | +€1,415 | +14.5% |
| Total equity and liabilities | 10/49 | €2,762,602 | €3,101,414 | +€338,812 | +12.3% |
| Equity | 10/15 | €1,934,007 | €2,012,634 | +€78,627 | +4.1% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €1,909,007 | €1,987,634 | +€78,627 | +4.1% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €1,890,257 | €1,968,884 | +€78,627 | +4.2% |
| Provisions and deferred taxes | 16 | €56,704 | €56,704 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €56,704 | €56,704 | = | 0.0% |
| Pensions and similar obligations | 160 | €56,704 | €56,704 | = | 0.0% |
| Amounts payable | 17/49 | €771,891 | €1,032,076 | +€260,184 | +33.7% |
| Amounts payable after more than one year | 17 | €285,058 | €395,059 | +€110,001 | +38.6% |
| Financial debts | 170/4 | €285,058 | €395,059 | +€110,001 | +38.6% |
| Amounts payable within one year | 42/48 | €468,310 | €620,220 | +€151,910 | +32.4% |
| Current portion of amounts payable after more than one year | 42 | €70,946 | €68,571 | -€2,375 | -3.3% |
| Trade debts | 44 | €547 | €11,355 | +€10,807 | +1,974% |
| Suppliers | 440/4 | €547 | €11,355 | +€10,807 | +1,974% |
| Taxes, remuneration and social security | 45 | €26,228 | €25,888 | -€340 | -1.3% |
| Taxes | 450/3 | €8,765 | €7,199 | -€1,566 | -17.9% |
| Remuneration and social security | 454/9 | €17,463 | €18,690 | +€1,227 | +7.0% |
| Other amounts payable | 47/48 | €370,588 | €514,407 | +€143,818 | +38.8% |
| Accrued charges and deferred income | 492/3 | €18,523 | €16,797 | -€1,727 | -9.3% |
| Remuneration, social security and pensions | 62 | €151,718 | €161,253 | +€9,535 | +6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €87,421 | €135,364 | +€47,943 | +54.8% |
| Other operating charges | 640/8 | €10,420 | €9,643 | -€777 | -7.5% |
| Gross operating margin | 9900 | €379,256 | €455,710 | +€76,454 | +20.2% |
| Operating profit (loss) | 9901 | €129,697 | €149,450 | +€19,753 | +15.2% |
| Financial income | 75/76B | €1,860 | €3,428 | +€1,568 | +84.3% |
| Recurring financial income | 75 | €1,860 | €3,428 | +€1,568 | +84.3% |
| Financial charges | 65/66B | €35,213 | €43,214 | +€8,001 | +22.7% |
| Recurring financial charges | 65 | €35,213 | €43,214 | +€8,001 | +22.7% |
| Profit (loss) for the period before taxes | 9903 | €96,344 | €109,665 | +€13,321 | +13.8% |
| Income taxes | 67/77 | €31,237 | €31,037 | -€200 | -0.6% |
| Profit (loss) for the period | 9904 | €65,106 | €78,627 | +€13,521 | +20.8% |
| Profit (loss) for the period to be appropriated | 9905 | €65,106 | €78,627 | +€13,521 | +20.8% |
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 30 October 2026 via checked.be.