VLIERHOF: 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.
VLIERHOF
Largest movements
- Tangible fixed assets -€106,336
down €106,336 (-2.0%), from €5.4m to €5.2m
of which Land and buildings: -€91,294
- Other debts -€157,753
down €157,753 (-3.0%), from €5.3m to €5.2m
- Gross operating margin +€14,481
up €14,481 (+9.5%), from €152,190 to €166,670
- Taxes +€7,084
new in 2025: €7,084
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 | €5,362,592 | €5,257,826 | -€104,766 | -2.0% |
| Fixed assets | 21/28 | €5,354,688 | €5,248,351 | -€106,336 | -2.0% |
| Tangible fixed assets | 22/27 | €5,354,688 | €5,248,351 | -€106,336 | -2.0% |
| Land and buildings | 22 | €5,298,142 | €5,206,849 | -€91,294 | -1.7% |
| Plant, machinery and equipment | 23 | €56,545 | €41,503 | -€15,043 | -26.6% |
| Current assets | 29/58 | €7,904 | €9,474 | +€1,570 | +19.9% |
| Cash at bank and in hand | 54/58 | €2,603 | €4,497 | +€1,893 | +72.7% |
| Deferred charges and accrued income | 490/1 | €5,301 | €4,977 | -€324 | -6.1% |
| Total equity and liabilities | 10/49 | €5,362,592 | €5,257,826 | -€104,766 | -2.0% |
| Equity | 10/15 | €18,019 | €60,203 | +€42,184 | +234.1% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,981 | €30,203 | +€42,184 | |
| Amounts payable | 17/49 | €5,344,573 | €5,197,623 | -€146,950 | -2.7% |
| Amounts payable within one year | 42/48 | €5,341,521 | €5,194,562 | -€146,960 | -2.8% |
| Trade debts | 44 | €236 | €3,945 | +€3,709 | +1572.1% |
| Suppliers | 440/4 | €236 | €3,945 | +€3,709 | +1572.1% |
| Taxes, remuneration and social security | 45 | - | €7,084 | +€7,084 | |
| Taxes | 450/3 | - | €7,084 | +€7,084 | |
| Other amounts payable | 47/48 | €5,341,285 | €5,183,532 | -€157,753 | -3.0% |
| Accrued charges and deferred income | 492/3 | €3,052 | €3,061 | +€10 | +0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €105,839 | €106,336 | +€497 | +0.5% |
| Other operating charges | 640/8 | €10,483 | €10,731 | +€247 | +2.4% |
| Gross operating margin | 9900 | €152,190 | €166,670 | +€14,481 | +9.5% |
| Operating profit (loss) | 9901 | €35,868 | €49,604 | +€13,736 | +38.3% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €387 | €337 | -€51 | -13.1% |
| Recurring financial charges | 65 | €387 | €337 | -€51 | -13.1% |
| Profit (loss) for the period before taxes | 9903 | €35,480 | €49,268 | +€13,788 | +38.9% |
| Income taxes | 67/77 | - | €7,084 | +€7,084 | |
| Profit (loss) for the period | 9904 | €35,480 | €42,184 | +€6,703 | +18.9% |
| Profit (loss) for the period to be appropriated | 9905 | €35,480 | €42,184 | +€6,703 | +18.9% |
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 10 October 2026 via checked.be.