Vlimbouter: 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.
Vlimbouter
Largest movements
- Tangible fixed assets +€766,564
up €766,564 (+45.4%), from €1.7m to €2.5m
of which Land and buildings: +€749,034
- Current investments -€750,000
down €750,000 (-72.2%), from €1.0m to €288,146
- Cash +€636,563
up €636,563 (+253%), from €251,527 to €888,090
mainly Current investments (+€750,000) and Trade debts (+€274,710)
- Trade debts +€274,710
up €274,710 (+2,910%), from €9,439 to €284,150
- Debts after one year +€259,774
up €259,774 (+31.7%), from €818,435 to €1.1m
of which Financial debts: +€243,274
- Other debts +€79,512
up €79,512 (+102%), from €77,581 to €157,092
- Reserves +€57,087
up €57,087 (+2.0%), from €2.9m to €3.0m
of which Distributable reserves: +€63,209
- Gross operating margin +€69,582
up €69,582 (+23.4%), from €296,779 to €366,361
- Depreciation +€24,174
up €24,174 (+19.9%), from €121,348 to €145,522
- Financial income +€15,638
up €15,638 (+19.6%), from €79,792 to €95,430
- Financial charges -€8,460
down €8,460 (-36.1%), from €23,413 to €14,953
- Taxes +€4,303
up €4,303 (+6.6%), from €65,690 to €69,992
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 | €3,968,024 | €4,625,486 | +€657,462 | +16.6% |
| Fixed assets | 21/28 | €1,687,597 | €2,454,160 | +€766,564 | +45.4% |
| Tangible fixed assets | 22/27 | €1,687,597 | €2,454,160 | +€766,564 | +45.4% |
| Land and buildings | 22 | €1,646,778 | €2,395,812 | +€749,034 | +45.5% |
| Furniture and vehicles | 24 | €40,818 | €58,348 | +€17,530 | +42.9% |
| Current assets | 29/58 | €2,280,428 | €2,171,325 | -€109,102 | -4.8% |
| Amounts receivable after more than one year | 29 | €900,000 | €900,000 | = | 0.0% |
| Other amounts receivable | 291 | €900,000 | €900,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €86,400 | €90,262 | +€3,862 | +4.5% |
| Trade receivables | 40 | €62,382 | €53,007 | -€9,375 | -15.0% |
| Other amounts receivable | 41 | €24,019 | €37,255 | +€13,236 | +55.1% |
| Current investments | 50/53 | €1,038,146 | €288,146 | -€750,000 | -72.2% |
| Cash at bank and in hand | 54/58 | €251,527 | €888,090 | +€636,563 | +253% |
| Deferred charges and accrued income | 490/1 | €4,355 | €4,828 | +€473 | +10.9% |
| Total equity and liabilities | 10/49 | €3,968,024 | €4,625,486 | +€657,462 | +16.6% |
| Equity | 10/15 | €2,930,464 | €2,987,551 | +€57,087 | +1.9% |
| Contributions | 10/11 | €6,005 | €6,005 | = | 0.0% |
| Reserves | 13 | €2,924,459 | €2,981,546 | +€57,087 | +2.0% |
| Tax-exempt reserves | 132 | €85,704 | €79,583 | -€6,122 | -7.1% |
| Distributable reserves | 133 | €2,838,754 | €2,901,963 | +€63,209 | +2.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €21,426 | €19,896 | -€1,530 | -7.1% |
| Deferred taxes | 168 | €21,426 | €19,896 | -€1,530 | -7.1% |
| Amounts payable | 17/49 | €1,016,134 | €1,618,039 | +€601,905 | +59.2% |
| Amounts payable after more than one year | 17 | €818,435 | €1,078,208 | +€259,774 | +31.7% |
| Financial debts | 170/4 | €818,435 | €1,061,708 | +€243,274 | +29.7% |
| Other amounts payable | 178/9 | - | €16,500 | +€16,500 | |
| Amounts payable within one year | 42/48 | €195,046 | €537,549 | +€342,503 | +176% |
| Current portion of amounts payable after more than one year | 42 | €87,156 | €88,339 | +€1,184 | +1.4% |
| Financial debts | 43 | €347 | €21 | -€326 | -93.9% |
| Other loans | 439 | €347 | €21 | -€326 | -93.9% |
| Trade debts | 44 | €9,439 | €284,150 | +€274,710 | +2,910% |
| Suppliers | 440/4 | €9,439 | €284,150 | +€274,710 | +2,910% |
| Taxes, remuneration and social security | 45 | €20,524 | €7,946 | -€12,578 | -61.3% |
| Taxes | 450/3 | €19,174 | €7,586 | -€11,588 | -60.4% |
| Remuneration and social security | 454/9 | €1,350 | €360 | -€990 | -73.3% |
| Other amounts payable | 47/48 | €77,581 | €157,092 | +€79,512 | +102% |
| Accrued charges and deferred income | 492/3 | €2,653 | €2,282 | -€371 | -14.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €121,348 | €145,522 | +€24,174 | +19.9% |
| Other operating charges | 640/8 | €15,098 | €18,674 | +€3,576 | +23.7% |
| Gross operating margin | 9900 | €296,779 | €366,361 | +€69,582 | +23.4% |
| Operating profit (loss) | 9901 | €160,333 | €202,165 | +€41,832 | +26.1% |
| Financial income | 75/76B | €79,792 | €95,430 | +€15,638 | +19.6% |
| Recurring financial income | 75 | €79,792 | €95,430 | +€15,638 | +19.6% |
| Financial charges | 65/66B | €23,413 | €14,953 | -€8,460 | -36.1% |
| Recurring financial charges | 65 | €23,413 | €14,953 | -€8,460 | -36.1% |
| Profit (loss) for the period before taxes | 9903 | €216,712 | €282,642 | +€65,930 | +30.4% |
| Transfer from deferred taxes | 780 | €1,530 | €1,530 | = | 0.0% |
| Income taxes | 67/77 | €65,690 | €69,992 | +€4,303 | +6.6% |
| Profit (loss) for the period | 9904 | €152,553 | €214,180 | +€61,627 | +40.4% |
| Transfer from tax-exempt reserves | 789 | €6,122 | €6,122 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €158,674 | €220,301 | +€61,627 | +38.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.