VREYS HORSES: what changed
VREYS HORSES
Largest movements
- Cash -€28,604
down €28,604 (-59.0%), from €48,485 to €19,881
mainly Trade debts (-€13,463) and Net result for the year (-€7,015)
- Stocks and contracts +€5,282
up €5,282 (+3.2%), from €163,776 to €169,057
- Receivables within one year +€2,424
up €2,424 (+32.8%), from €7,393 to €9,818
of which Other amounts receivable: +€3,924
- Trade debts -€13,463
down €13,463 (-24.4%), from €55,251 to €41,788
- Profit (loss) carried forward -€7,015
down €7,015 (-32.7%), from -€21,419 to -€28,434
- Tax, wage and social debts -€6,891
down €6,891 (-89.8%), from €7,674 to €782
of which Taxes: -€7,554
- Other debts +€4,768
up €4,768 (+2.9%), from €165,508 to €170,277
- Gross operating margin -€13,815
down €13,815, from €9,857 to -€3,958
- Staff costs +€713
new in 2024: €713
- Other operating charges +€315
up €315 (+90.7%), from €348 to €663
Change in the result, 2023 to 2024
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 2023 and 2024 balance sheets and the 2024 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 | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €228,493 | €206,092 | -€22,401 | -9.8% |
| Fixed assets | 21/28 | €8,840 | €7,336 | -€1,504 | -17.0% |
| Tangible fixed assets | 22/27 | €8,840 | €7,336 | -€1,504 | -17.0% |
| Plant, machinery and equipment | 23 | €8,840 | €7,336 | -€1,504 | -17.0% |
| Current assets | 29/58 | €219,654 | €198,756 | -€20,898 | -9.5% |
| Stocks and contracts in progress | 3 | €163,776 | €169,057 | +€5,282 | +3.2% |
| Stocks | 30/36 | €163,776 | €169,057 | +€5,282 | +3.2% |
| Amounts receivable within one year | 40/41 | €7,393 | €9,818 | +€2,424 | +32.8% |
| Trade receivables | 40 | €7,393 | €5,893 | -€1,500 | -20.3% |
| Other amounts receivable | 41 | - | €3,924 | +€3,924 | |
| Cash at bank and in hand | 54/58 | €48,485 | €19,881 | -€28,604 | -59.0% |
| Total equity and liabilities | 10/49 | €228,493 | €206,092 | -€22,401 | -9.8% |
| Equity | 10/15 | -€959 | -€7,974 | -€7,015 | -731% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,419 | -€28,434 | -€7,015 | -32.7% |
| Amounts payable | 17/49 | €229,452 | €214,066 | -€15,387 | -6.7% |
| Amounts payable within one year | 42/48 | €228,433 | €212,847 | -€15,586 | -6.8% |
| Trade debts | 44 | €55,251 | €41,788 | -€13,463 | -24.4% |
| Suppliers | 440/4 | €55,251 | €41,788 | -€13,463 | -24.4% |
| Taxes, remuneration and social security | 45 | €7,674 | €782 | -€6,891 | -89.8% |
| Taxes | 450/3 | €7,674 | €120 | -€7,554 | -98.4% |
| Remuneration and social security | 454/9 | - | €663 | +€663 | |
| Other amounts payable | 47/48 | €165,508 | €170,277 | +€4,768 | +2.9% |
| Accrued charges and deferred income | 492/3 | €1,020 | €1,219 | +€199 | +19.6% |
| Remuneration, social security and pensions | 62 | - | €713 | +€713 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,504 | €1,504 | = | 0.0% |
| Other operating charges | 640/8 | €348 | €663 | +€315 | +90.7% |
| Gross operating margin | 9900 | €9,857 | -€3,958 | -€13,815 | |
| Operating profit (loss) | 9901 | €8,006 | -€6,838 | -€14,844 | |
| Financial income | 75/76B | €0 | €0 | +€0 | +2,000% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +2,000% |
| Financial charges | 65/66B | €260 | €177 | -€84 | -32.1% |
| Recurring financial charges | 65 | €260 | €177 | -€84 | -32.1% |
| Profit (loss) for the period before taxes | 9903 | €7,746 | -€7,015 | -€14,760 | |
| Profit (loss) for the period | 9904 | €7,746 | -€7,015 | -€14,760 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,746 | -€7,015 | -€14,760 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 30 September 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.