VLIENDERHOEVE: 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.
VLIENDERHOEVE
Largest movements
- Tangible fixed assets -€13,539
down €13,539 (-6.5%), from €208,914 to €195,375
of which Other tangible fixed assets: -€10,272
- Receivables within one year -€5,243
down €5,243 (-76.0%), from €6,895 to €1,651
of which Trade receivables: -€5,791
- Cash +€5,101
up €5,101 (+23.9%), from €21,316 to €26,417
mainly Depreciation (+€16,113) and Receivables within one year (+€5,243)
- Debts after one year -€20,000
down €20,000 (-9.1%), from €220,000 to €200,000
- Profit (loss) carried forward +€4,540
up €4,540 (+383%), from €1,186 to €5,725
- Depreciation +€1,024
up €1,024 (+6.8%), from €15,088 to €16,113
- Gross operating margin +€419
up €419 (+2.0%), from €20,878 to €21,297
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 | €238,214 | €224,313 | -€13,901 | -5.8% |
| Formation expenses | 20 | €520 | €282 | -€238 | -45.7% |
| Fixed assets | 21/28 | €208,914 | €195,375 | -€13,539 | -6.5% |
| Tangible fixed assets | 22/27 | €208,914 | €195,375 | -€13,539 | -6.5% |
| Plant, machinery and equipment | 23 | €2,714 | €1,954 | -€760 | -28.0% |
| Furniture and vehicles | 24 | €17,736 | €15,230 | -€2,507 | -14.1% |
| Other tangible fixed assets | 26 | €188,464 | €178,192 | -€10,272 | -5.5% |
| Current assets | 29/58 | €28,779 | €28,655 | -€124 | -0.4% |
| Amounts receivable within one year | 40/41 | €6,895 | €1,651 | -€5,243 | -76.0% |
| Trade receivables | 40 | €6,895 | €1,103 | -€5,791 | -84.0% |
| Other amounts receivable | 41 | - | €548 | +€548 | |
| Cash at bank and in hand | 54/58 | €21,316 | €26,417 | +€5,101 | +23.9% |
| Deferred charges and accrued income | 490/1 | €569 | €588 | +€19 | +3.3% |
| Total equity and liabilities | 10/49 | €238,214 | €224,313 | -€13,901 | -5.8% |
| Equity | 10/15 | €11,186 | €15,725 | +€4,540 | +40.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,186 | €5,725 | +€4,540 | +383% |
| Amounts payable | 17/49 | €227,028 | €208,588 | -€18,440 | -8.1% |
| Amounts payable after more than one year | 17 | €220,000 | €200,000 | -€20,000 | -9.1% |
| Other amounts payable | 178/9 | €220,000 | €200,000 | -€20,000 | -9.1% |
| Amounts payable within one year | 42/48 | €6,902 | €8,588 | +€1,686 | +24.4% |
| Trade debts | 44 | €121 | €1,329 | +€1,208 | +998% |
| Suppliers | 440/4 | €121 | €1,329 | +€1,208 | +998% |
| Taxes, remuneration and social security | 45 | €1,525 | €534 | -€991 | -65.0% |
| Taxes | 450/3 | €1,525 | €534 | -€991 | -65.0% |
| Other amounts payable | 47/48 | €5,256 | €6,725 | +€1,469 | +27.9% |
| Accrued charges and deferred income | 492/3 | €126 | - | -€126 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,088 | €16,113 | +€1,024 | +6.8% |
| Other operating charges | 640/8 | €692 | €604 | -€88 | -12.7% |
| Gross operating margin | 9900 | €20,878 | €21,297 | +€419 | +2.0% |
| Operating profit (loss) | 9901 | €5,098 | €4,581 | -€517 | -10.1% |
| Financial income | 75/76B | €26 | €5 | -€21 | -80.7% |
| Recurring financial income | 75 | €26 | €5 | -€21 | -80.7% |
| Financial charges | 65/66B | €46 | €46 | = | 0.0% |
| Recurring financial charges | 65 | €46 | €46 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €5,077 | €4,540 | -€538 | -10.6% |
| Profit (loss) for the period | 9904 | €5,077 | €4,540 | -€538 | -10.6% |
| Profit (loss) for the period to be appropriated | 9905 | €5,077 | €4,540 | -€538 | -10.6% |
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 20 October 2026 via checked.be.