VOORTDOEN: what changed
Two fiscal 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.
VOORTDOEN
Largest movements
- Cash +€7,013
up €7,013 (+10.8%), from €65,051 to €72,065
mainly Net result for the year (+€19,701) and Receivables within one year (+€4,328)
- Receivables within one year -€4,328
down €4,328 (-11.1%), from €39,027 to €34,699
of which Other amounts receivable: -€4,328
- Tangible fixed assets -€1,902
down €1,902 (-42.3%), from €4,501 to €2,599
of which Plant, machinery and equipment: -€1,157
No liability line moved by more than 1% of the balance sheet total.
- Purchases and services +€6,855
up €6,855 (+10.3%), from €66,875 to €73,730
- Depreciation -€5,200
down €5,200 (-69.8%), from €7,453 to €2,253
- Gross operating margin -€4,081
down €4,081 (-11.8%), from €34,582 to €30,501
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 | €109,005 | €109,658 | +€653 | +0.6% |
| Fixed assets | 21/28 | €4,680 | €2,778 | -€1,902 | -40.6% |
| Tangible fixed assets | 22/27 | €4,501 | €2,599 | -€1,902 | -42.3% |
| Plant, machinery and equipment | 23 | €1,790 | €633 | -€1,157 | -64.6% |
| Furniture and vehicles | 24 | €1,683 | €1,068 | -€615 | -36.5% |
| Other tangible fixed assets | 26 | €1,028 | €898 | -€130 | -12.7% |
| Financial fixed assets | 28 | €179 | €179 | = | 0.0% |
| Current assets | 29/58 | €104,325 | €106,880 | +€2,555 | +2.4% |
| Amounts receivable within one year | 40/41 | €39,027 | €34,699 | -€4,328 | -11.1% |
| Trade receivables | 40 | €6,439 | €6,439 | = | 0.0% |
| Other amounts receivable | 41 | €32,587 | €28,260 | -€4,328 | -13.3% |
| Cash at bank and in hand | 54/58 | €65,051 | €72,065 | +€7,013 | +10.8% |
| Deferred charges and accrued income | 490/1 | €247 | €116 | -€131 | -53.0% |
| Total equity and liabilities | 10/49 | €109,005 | €109,658 | +€653 | +0.6% |
| Equity | 10/15 | €105,134 | €105,041 | -€93 | -0.1% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Outside capital | 11 | €6,197 | €6,197 | = | 0.0% |
| Other | 1109/19 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €98,891 | €98,798 | -€93 | -0.1% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €97,032 | €96,939 | -€93 | -0.1% |
| Profit (loss) carried forward | 14 | €45 | €45 | = | 0.0% |
| Amounts payable | 17/49 | €3,872 | €4,617 | +€746 | +19.3% |
| Amounts payable within one year | 42/48 | €3,872 | €4,617 | +€746 | +19.3% |
| Trade debts | 44 | €2,049 | €2,744 | +€695 | +33.9% |
| Suppliers | 440/4 | €2,049 | €2,744 | +€695 | +33.9% |
| Taxes, remuneration and social security | 45 | €1,823 | €1,874 | +€51 | +2.8% |
| Taxes | 450/3 | €1,823 | €1,874 | +€51 | +2.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €66,875 | €73,730 | +€6,855 | +10.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,453 | €2,253 | -€5,200 | -69.8% |
| Other operating charges | 640/8 | €732 | €719 | -€14 | -1.9% |
| Gross operating margin | 9900 | €34,582 | €30,501 | -€4,081 | -11.8% |
| Operating profit (loss) | 9901 | €26,396 | €27,529 | +€1,132 | +4.3% |
| Financial income | 75/76B | €217 | €307 | +€90 | +41.4% |
| Recurring financial income | 75 | €217 | €307 | +€90 | +41.4% |
| Financial charges | 65/66B | €56 | €110 | +€54 | +94.7% |
| Recurring financial charges | 65 | €56 | €110 | +€54 | +94.7% |
| Profit (loss) for the period before taxes | 9903 | €26,557 | €27,725 | +€1,169 | +4.4% |
| Income taxes | 67/77 | €8,232 | €8,025 | -€208 | -2.5% |
| Profit (loss) for the period | 9904 | €18,324 | €19,701 | +€1,377 | +7.5% |
| Profit (loss) for the period to be appropriated | 9905 | €18,324 | €19,701 | +€1,377 | +7.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.