Vlamynckpoort: 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.
Vlamynckpoort
Largest movements
- Current investments +€275,001
new in 2025: €275,001
- Cash +€184,765
up €184,765 (+501%), from €36,898 to €221,663
mainly Debts after one year (+€273,546) and Depreciation (+€216,772)
- Tangible fixed assets -€178,939
down €178,939 (-5.6%), from €3.2m to €3.0m
of which Land and buildings: -€164,119
- Debts after one year +€273,546
up €273,546 (+57.6%), from €474,564 to €748,111
- Other debts -€123,022
down €123,022 (-7.3%), from €1.7m to €1.6m
- Reserves +€105,250
up €105,250 (+17.7%), from €593,502 to €698,752
of which Tax-exempt reserves: +€105,250
- Gross operating margin +€137,671
up €137,671 (+29.8%), from €462,668 to €600,339
- Taxes +€20,890
up €20,890 (+96.7%), from €21,600 to €42,490
- Financial charges +€17,994
up €17,994 (+27.3%), from €65,878 to €83,873
- Depreciation +€15,535
up €15,535 (+7.7%), from €201,237 to €216,772
- Other operating charges -€11,730
down €11,730 (-73.2%), from €16,026 to €4,296
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 | €3,309,692 | €3,566,647 | +€256,954 | +7.8% |
| Fixed assets | 21/28 | €3,211,539 | €3,032,600 | -€178,939 | -5.6% |
| Tangible fixed assets | 22/27 | €3,211,539 | €3,032,600 | -€178,939 | -5.6% |
| Land and buildings | 22 | €3,135,128 | €2,971,009 | -€164,119 | -5.2% |
| Plant, machinery and equipment | 23 | €17,514 | €12,127 | -€5,386 | -30.8% |
| Furniture and vehicles | 24 | €58,897 | €49,464 | -€9,433 | -16.0% |
| Current assets | 29/58 | €98,153 | €534,047 | +€435,893 | +444% |
| Amounts receivable within one year | 40/41 | €61,255 | €37,382 | -€23,873 | -39.0% |
| Trade receivables | 40 | €12,161 | €12,382 | +€222 | +1.8% |
| Other amounts receivable | 41 | €49,095 | €25,000 | -€24,095 | -49.1% |
| Current investments | 50/53 | - | €275,001 | +€275,001 | |
| Cash at bank and in hand | 54/58 | €36,898 | €221,663 | +€184,765 | +501% |
| Total equity and liabilities | 10/49 | €3,309,692 | €3,566,647 | +€256,954 | +7.8% |
| Equity | 10/15 | €843,501 | €948,751 | +€105,250 | +12.5% |
| Contributions | 10/11 | €249,999 | €249,999 | = | 0.0% |
| Reserves | 13 | €593,502 | €698,752 | +€105,250 | +17.7% |
| Non-distributable reserves | 130/1 | €19,661 | - | -€19,661 | |
| Reserves not available under the articles | 1311 | €19,661 | - | -€19,661 | |
| Tax-exempt reserves | 132 | - | €105,250 | +€105,250 | |
| Distributable reserves | 133 | €573,840 | €593,502 | +€19,661 | +3.4% |
| Amounts payable | 17/49 | €2,466,192 | €2,617,896 | +€151,704 | +6.2% |
| Amounts payable after more than one year | 17 | €474,564 | €748,111 | +€273,546 | +57.6% |
| Financial debts | 170/4 | €474,564 | €748,111 | +€273,546 | +57.6% |
| Amounts payable within one year | 42/48 | €1,973,582 | €1,869,785 | -€103,797 | -5.3% |
| Current portion of amounts payable after more than one year | 42 | €235,291 | €228,444 | -€6,848 | -2.9% |
| Financial debts | 43 | €16,887 | €8,477 | -€8,410 | -49.8% |
| Credit institutions | 430/8 | €16,887 | €8,477 | -€8,410 | -49.8% |
| Trade debts | 44 | €11,623 | €33,494 | +€21,870 | +188% |
| Suppliers | 440/4 | €11,623 | €33,494 | +€21,870 | +188% |
| Taxes, remuneration and social security | 45 | €27,485 | €40,098 | +€12,613 | +45.9% |
| Taxes | 450/3 | €21,922 | €34,269 | +€12,347 | +56.3% |
| Remuneration and social security | 454/9 | €5,564 | €5,829 | +€266 | +4.8% |
| Other amounts payable | 47/48 | €1,682,295 | €1,559,273 | -€123,022 | -7.3% |
| Accrued charges and deferred income | 492/3 | €18,045 | - | -€18,045 | |
| Remuneration, social security and pensions | 62 | €45,339 | €50,221 | +€4,883 | +10.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €201,237 | €216,772 | +€15,535 | +7.7% |
| Other operating charges | 640/8 | €16,026 | €4,296 | -€11,730 | -73.2% |
| Gross operating margin | 9900 | €462,668 | €600,339 | +€137,671 | +29.8% |
| Operating profit (loss) | 9901 | €200,066 | €329,050 | +€128,983 | +64.5% |
| Financial income | 75/76B | €537 | - | -€537 | |
| Recurring financial income | 75 | €537 | - | -€537 | |
| Financial charges | 65/66B | €65,878 | €83,873 | +€17,994 | +27.3% |
| Recurring financial charges | 65 | €65,878 | €83,873 | +€17,994 | +27.3% |
| Profit (loss) for the period before taxes | 9903 | €134,725 | €245,177 | +€110,452 | +82.0% |
| Income taxes | 67/77 | €21,600 | €42,490 | +€20,890 | +96.7% |
| Profit (loss) for the period | 9904 | €113,126 | €202,687 | +€89,562 | +79.2% |
| Transfer to tax-exempt reserves | 689 | - | €105,250 | +€105,250 | |
| Profit (loss) for the period to be appropriated | 9905 | €113,126 | €97,437 | -€15,688 | -13.9% |
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 29 October 2026 via checked.be.