Vliers & Co: what changed
Vliers & Co
Largest movements
- Stocks and contracts +€3,969
up €3,969 (+11.1%), from €35,831 to €39,800
- Cash -€3,758
down €3,758 (-72.6%), from €5,176 to €1,418
mainly Net result for the year (-€19,239) and Debts after one year (-€5,249)
- Receivables within one year -€2,083
down €2,083 (-82.9%), from €2,512 to €428
of which Other amounts receivable: -€1,169
- Profit (loss) carried forward -€19,239
down €19,239 (-44.7%), from -€43,037 to -€62,276
- Other debts +€14,011
up €14,011 (+479%), from €2,925 to €16,936
- Trade debts +€8,350
up €8,350 (+104%), from €8,051 to €16,400
- Debts after one year -€5,249
down €5,249 (-9.3%), from €56,287 to €51,038
- Current portion of long-term debt +€3,965
up €3,965 (+82.7%), from €4,796 to €8,761
- Gross operating margin -€25,973
down €25,973, from €14,265 to -€11,708
- Financial income -€1,820
down €1,820 (-70.8%), from €2,572 to €751
- Other operating charges -€597
down €597 (-41.2%), from €1,449 to €852
- Financial charges -€487
down €487 (-6.2%), from €7,868 to €7,381
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €51,888 | €50,136 | -€1,752 | -3.4% |
| Fixed assets | 21/28 | €193 | €145 | -€48 | -25.0% |
| Tangible fixed assets | 22/27 | €193 | €145 | -€48 | -25.0% |
| Plant, machinery and equipment | 23 | €193 | €145 | -€48 | -25.0% |
| Current assets | 29/58 | €51,695 | €49,991 | -€1,704 | -3.3% |
| Amounts receivable after more than one year | 29 | €8,000 | €8,000 | = | 0.0% |
| Other amounts receivable | 291 | €8,000 | €8,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €35,831 | €39,800 | +€3,969 | +11.1% |
| Stocks | 30/36 | €35,831 | €39,800 | +€3,969 | +11.1% |
| Amounts receivable within one year | 40/41 | €2,512 | €428 | -€2,083 | -82.9% |
| Trade receivables | 40 | €914 | - | -€914 | |
| Other amounts receivable | 41 | €1,597 | €428 | -€1,169 | -73.2% |
| Cash at bank and in hand | 54/58 | €5,176 | €1,418 | -€3,758 | -72.6% |
| Deferred charges and accrued income | 490/1 | €177 | €344 | +€168 | +94.9% |
| Total equity and liabilities | 10/49 | €51,888 | €50,136 | -€1,752 | -3.4% |
| Equity | 10/15 | -€35,860 | -€55,099 | -€19,239 | -53.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €978 | €978 | = | 0.0% |
| Distributable reserves | 133 | €978 | €978 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€43,037 | -€62,276 | -€19,239 | -44.7% |
| Amounts payable | 17/49 | €87,748 | €105,234 | +€17,486 | +19.9% |
| Amounts payable after more than one year | 17 | €56,287 | €51,038 | -€5,249 | -9.3% |
| Financial debts | 170/4 | €56,287 | €51,038 | -€5,249 | -9.3% |
| Amounts payable within one year | 42/48 | €31,460 | €54,196 | +€22,735 | +72.3% |
| Current portion of amounts payable after more than one year | 42 | €4,796 | €8,761 | +€3,965 | +82.7% |
| Financial debts | 43 | €4,986 | €2,418 | -€2,568 | -51.5% |
| Credit institutions | 430/8 | €4,986 | €2,418 | -€2,568 | -51.5% |
| Trade debts | 44 | €8,051 | €16,400 | +€8,350 | +104% |
| Suppliers | 440/4 | €8,051 | €16,400 | +€8,350 | +104% |
| Taxes, remuneration and social security | 45 | €10,704 | €9,681 | -€1,022 | -9.5% |
| Taxes | 450/3 | €10,704 | €9,681 | -€1,022 | -9.5% |
| Other amounts payable | 47/48 | €2,925 | €16,936 | +€14,011 | +479% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48 | €48 | = | 0.0% |
| Other operating charges | 640/8 | €1,449 | €852 | -€597 | -41.2% |
| Non-recurring operating charges | 66A | €182 | - | -€182 | |
| Gross operating margin | 9900 | €14,265 | -€11,708 | -€25,973 | |
| Operating profit (loss) | 9901 | €12,585 | -€12,609 | -€25,194 | |
| Financial income | 75/76B | €2,572 | €751 | -€1,820 | -70.8% |
| Recurring financial income | 75 | €2,572 | €751 | -€1,820 | -70.8% |
| Financial charges | 65/66B | €7,868 | €7,381 | -€487 | -6.2% |
| Recurring financial charges | 65 | €7,868 | €7,381 | -€487 | -6.2% |
| Profit (loss) for the period before taxes | 9903 | €7,289 | -€19,239 | -€26,527 | |
| Profit (loss) for the period | 9904 | €7,289 | -€19,239 | -€26,527 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,289 | -€19,239 | -€26,527 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.