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VLASLAND: 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.

What changed

VLASLAND

BE 0547.606.867
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€63,933
2024 · €71,906-€7,973
Equity
€613,216
2024 · €601,433+€11,783
Cash
€20,022
2024 · €24,607-€4,585
Balance sheet total
€620,974
2024 · €608,250+€12,724

Largest movements

2024 to 2025
Assets
  • Receivables within one year -€169,661

    no longer reported in 2025 (was €169,661)

    of which Trade receivables: -€164,651

  • Current investments +€100,000

    up €100,000 (+40.0%), from €250,000 to €350,000

  • Stocks and contracts +€86,970

    up €86,970 (+53.0%), from €163,982 to €250,952

Equity and liabilities
  • Reserves +€11,783

    up €11,783 (+2.0%), from €601,433 to €613,216

Income statement
  • Gross operating margin -€12,479

    down €12,479 (-12.4%), from €100,833 to €88,354

  • Taxes -€7,525

    down €7,525 (-20.1%), from €37,360 to €29,835

  • Financial income -€3,373

    down €3,373 (-34.9%), from €9,677 to €6,304

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €71,906
Gross operating margin -€12,479
Other operating charges +€368
Financial income -€3,373
Financial charges -€14
Taxes +€7,525
Result 2025 €63,933
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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.

From operations +€147,565
Investment -€100,000
Financing -€52,150
Cash 2024 €24,607
Net result for the year +€63,933
Stocks and contracts -€86,970
Receivables within one year +€169,661
Tax, wage and social debts +€634
Other debts +€307
Current investments -€100,000
Contributions, distributions and other -€52,150
Cash 2025 €20,022
brings cash intakes cash out
Every line side by side 29 lines
Line Code 2024 2025 Change %
Total assets 20/58 €608,250 €620,974 +€12,724 +2.1%
Current assets 29/58 €608,250 €620,974 +€12,724 +2.1%
Stocks and contracts in progress 3 €163,982 €250,952 +€86,970 +53.0%
Stocks 30/36 €163,982 €250,952 +€86,970 +53.0%
Amounts receivable within one year 40/41 €169,661 - -€169,661
Trade receivables 40 €164,651 - -€164,651
Other amounts receivable 41 €5,010 - -€5,010
Current investments 50/53 €250,000 €350,000 +€100,000 +40.0%
Cash at bank and in hand 54/58 €24,607 €20,022 -€4,585 -18.6%
Total equity and liabilities 10/49 €608,250 €620,974 +€12,724 +2.1%
Equity 10/15 €601,433 €613,216 +€11,783 +2.0%
Reserves 13 €601,433 €613,216 +€11,783 +2.0%
Distributable reserves 133 €601,433 €613,216 +€11,783 +2.0%
Amounts payable 17/49 €6,817 €7,758 +€941 +13.8%
Amounts payable within one year 42/48 €6,817 €7,758 +€941 +13.8%
Taxes, remuneration and social security 45 €6,817 €7,451 +€634 +9.3%
Taxes 450/3 €6,817 €7,451 +€634 +9.3%
Other amounts payable 47/48 - €307 +€307
Other operating charges 640/8 €1,108 €740 -€368 -33.2%
Gross operating margin 9900 €100,833 €88,354 -€12,479 -12.4%
Operating profit (loss) 9901 €99,725 €87,614 -€12,111 -12.1%
Financial income 75/76B €9,677 €6,304 -€3,373 -34.9%
Recurring financial income 75 €9,677 €6,304 -€3,373 -34.9%
Financial charges 65/66B €136 €150 +€14 +10.3%
Recurring financial charges 65 €136 €150 +€14 +10.3%
Profit (loss) for the period before taxes 9903 €109,266 €93,768 -€15,498 -14.2%
Income taxes 67/77 €37,360 €29,835 -€7,525 -20.1%
Profit (loss) for the period 9904 €71,906 €63,933 -€7,973 -11.1%
Profit (loss) for the period to be appropriated 9905 €71,906 €63,933 -€7,973 -11.1%

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 24 October 2026 via checked.be.