VINCENT DRUMMEN: 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.
VINCENT DRUMMEN
Largest movements
- Cash +€12,918
up €12,918 (+36.1%), from €35,750 to €48,668
mainly Net result for the year (+€12,231) and Receivables within one year (+€1,810)
- Receivables within one year -€1,810
down €1,810 (-59.2%), from €3,060 to €1,250
of which Trade receivables: -€1,060
- Reserves +€9,211
new in 2025: €9,211
- Profit (loss) carried forward +€3,020
no longer reported in 2025 (was -€3,020)
- Trade debts -€720
no longer reported in 2025 (was €720)
- Tax, wage and social debts -€641
down €641 (-43.3%), from €1,478 to €837
- Gross operating margin -€1,883
down €1,883 (-11.3%), from €16,665 to €14,783
- Financial charges +€1,300
up €1,300 (+2407.4%), from €54 to €1,354
- Taxes +€1,197
new in 2025: €1,197
- Other operating charges -€384
no longer reported in 2025 (was €384)
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 | €41,311 | €52,293 | +€10,982 | +26.6% |
| Fixed assets | 21/28 | €180 | - | -€180 | |
| Financial fixed assets | 28 | €180 | - | -€180 | |
| Current assets | 29/58 | €41,131 | €52,293 | +€11,162 | +27.1% |
| Amounts receivable within one year | 40/41 | €3,060 | €1,250 | -€1,810 | -59.2% |
| Trade receivables | 40 | €1,060 | - | -€1,060 | |
| Other amounts receivable | 41 | €2,000 | €1,250 | -€750 | -37.5% |
| Cash at bank and in hand | 54/58 | €35,750 | €48,668 | +€12,918 | +36.1% |
| Deferred charges and accrued income | 490/1 | €2,321 | €2,375 | +€54 | +2.3% |
| Total equity and liabilities | 10/49 | €41,311 | €52,293 | +€10,982 | +26.6% |
| Equity | 10/15 | €15,580 | €27,811 | +€12,231 | +78.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | - | €9,211 | +€9,211 | |
| Distributable reserves | 133 | - | €9,211 | +€9,211 | |
| Profit (loss) carried forward | 14 | -€3,020 | - | +€3,020 | |
| Amounts payable | 17/49 | €25,732 | €24,482 | -€1,249 | -4.9% |
| Amounts payable within one year | 42/48 | €25,732 | €24,482 | -€1,249 | -4.9% |
| Trade debts | 44 | €720 | - | -€720 | |
| Suppliers | 440/4 | €720 | - | -€720 | |
| Taxes, remuneration and social security | 45 | €1,478 | €837 | -€641 | -43.3% |
| Taxes | 450/3 | €1,478 | €837 | -€641 | -43.3% |
| Other amounts payable | 47/48 | €23,534 | €23,645 | +€111 | +0.5% |
| Other operating charges | 640/8 | €384 | - | -€384 | |
| Gross operating margin | 9900 | €16,665 | €14,783 | -€1,883 | -11.3% |
| Operating profit (loss) | 9901 | €16,282 | €14,783 | -€1,499 | -9.2% |
| Financial income | 75/76B | €18 | - | -€18 | |
| Recurring financial income | 75 | €18 | - | -€18 | |
| Financial charges | 65/66B | €54 | €1,354 | +€1,300 | +2407.4% |
| Recurring financial charges | 65 | €54 | €1,354 | +€1,300 | +2407.4% |
| Profit (loss) for the period before taxes | 9903 | €16,246 | €13,429 | -€2,817 | -17.3% |
| Income taxes | 67/77 | - | €1,197 | +€1,197 | |
| Profit (loss) for the period | 9904 | €16,246 | €12,231 | -€4,014 | -24.7% |
| Profit (loss) for the period to be appropriated | 9905 | €16,246 | €12,231 | -€4,014 | -24.7% |
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 12 October 2026 via checked.be.