VOORUIT: 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.
VOORUIT
Largest movements
- Cash +€41,963
up €41,963 (+28.9%), from €145,180 to €187,142
mainly Net result for the year (+€62,601) and Debts after one year (+€4,237)
- Receivables within one year +€21,175
new in 2025: €21,175
- Reserves +€62,601
up €62,601 (+9.2%), from €680,946 to €743,547
of which Distributable reserves: +€62,601
- Financial charges -€10,118
down €10,118 (-68.2%), from €14,846 to €4,727
- Taxes +€3,595
up €3,595 (+13.5%), from €26,644 to €30,240
- Gross operating margin +€1,342
up €1,342 (+1.4%), from €97,570 to €98,912
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 | €1,100,230 | €1,163,367 | +€63,138 | +5.7% |
| Fixed assets | 21/28 | €955,050 | €955,050 | = | 0.0% |
| Financial fixed assets | 28 | €955,050 | €955,050 | = | 0.0% |
| Current assets | 29/58 | €145,180 | €208,317 | +€63,138 | +43.5% |
| Amounts receivable within one year | 40/41 | - | €21,175 | +€21,175 | |
| Trade receivables | 40 | - | €21,175 | +€21,175 | |
| Cash at bank and in hand | 54/58 | €145,180 | €187,142 | +€41,963 | +28.9% |
| Total equity and liabilities | 10/49 | €1,100,230 | €1,163,367 | +€63,138 | +5.7% |
| Equity | 10/15 | €699,546 | €762,147 | +€62,601 | +8.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €680,946 | €743,547 | +€62,601 | +9.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,908 | €1,908 | = | 0.0% |
| Distributable reserves | 133 | €677,178 | €739,779 | +€62,601 | +9.2% |
| Amounts payable | 17/49 | €400,684 | €401,221 | +€537 | +0.1% |
| Amounts payable after more than one year | 17 | €371,824 | €376,060 | +€4,237 | +1.1% |
| Financial debts | 170/4 | €371,824 | €376,060 | +€4,237 | +1.1% |
| Amounts payable within one year | 42/48 | €26,960 | €25,160 | -€1,800 | -6.7% |
| Financial debts | 43 | €6,763 | €6,743 | -€21 | -0.3% |
| Other loans | 439 | €6,763 | €6,743 | -€21 | -0.3% |
| Trade debts | 44 | - | €175 | +€175 | |
| Suppliers | 440/4 | - | €175 | +€175 | |
| Taxes, remuneration and social security | 45 | €20,196 | €16,292 | -€3,904 | -19.3% |
| Taxes | 450/3 | €18,026 | €14,122 | -€3,904 | -21.7% |
| Remuneration and social security | 454/9 | €2,170 | €2,170 | = | 0.0% |
| Other amounts payable | 47/48 | - | €1,950 | +€1,950 | |
| Accrued charges and deferred income | 492/3 | €1,900 | - | -€1,900 | |
| Other operating charges | 640/8 | €1,234 | €1,345 | +€111 | +9.0% |
| Gross operating margin | 9900 | €97,570 | €98,912 | +€1,342 | +1.4% |
| Operating profit (loss) | 9901 | €96,336 | €97,568 | +€1,232 | +1.3% |
| Financial charges | 65/66B | €14,846 | €4,727 | -€10,118 | -68.2% |
| Recurring financial charges | 65 | €14,846 | €4,727 | -€10,118 | -68.2% |
| Profit (loss) for the period before taxes | 9903 | €81,490 | €92,840 | +€11,350 | +13.9% |
| Income taxes | 67/77 | €26,644 | €30,240 | +€3,595 | +13.5% |
| Profit (loss) for the period | 9904 | €54,846 | €62,601 | +€7,755 | +14.1% |
| Profit (loss) for the period to be appropriated | 9905 | €54,846 | €62,601 | +€7,755 | +14.1% |
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 19 October 2026 via checked.be.