VREYS-LANGMANS: 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.
VREYS-LANGMANS
Largest movements
- Cash +€145,198
up €145,198 (+128%), from €113,476 to €258,674
mainly Current investments (+€100,000) and Net result for the year (+€45,730)
- Current investments -€100,000
no longer reported in 2025 (was €100,000)
- Tangible fixed assets -€21,199
down €21,199 (-19.3%), from €109,708 to €88,509
of which Furniture and vehicles: -€18,649
- Receivables within one year +€6,602
up €6,602 (+30.9%), from €21,361 to €27,963
- Reserves +€45,730
up €45,730 (+17.6%), from €259,543 to €305,274
- Provisions -€11,000
no longer reported in 2025 (was €11,000)
- Debts after one year -€6,640
no longer reported in 2025 (was €6,640)
- Current portion of long-term debt -€4,681
down €4,681 (-41.3%), from €11,321 to €6,640
- Provisions -€11,000
new in 2025: -€11,000
- Depreciation +€4,223
up €4,223 (+11.8%), from €35,885 to €40,108
- Gross operating margin +€3,180
up €3,180 (+3.5%), from €91,980 to €95,161
- Taxes +€2,787
up €2,787 (+16.7%), from €16,672 to €19,460
- Financial charges +€2,691
up €2,691 (+238%), from €1,129 to €3,820
of which Non-recurring financial charges: +€3,034
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 | €346,755 | €376,502 | +€29,747 | +8.6% |
| Fixed assets | 21/28 | €109,708 | €88,509 | -€21,199 | -19.3% |
| Tangible fixed assets | 22/27 | €109,708 | €88,509 | -€21,199 | -19.3% |
| Plant, machinery and equipment | 23 | €3,203 | €2,753 | -€450 | -14.1% |
| Furniture and vehicles | 24 | €104,187 | €85,538 | -€18,649 | -17.9% |
| Other tangible fixed assets | 26 | €2,318 | €218 | -€2,100 | -90.6% |
| Current assets | 29/58 | €237,047 | €287,993 | +€50,946 | +21.5% |
| Amounts receivable within one year | 40/41 | €21,361 | €27,963 | +€6,602 | +30.9% |
| Trade receivables | 40 | €21,361 | €27,963 | +€6,602 | +30.9% |
| Current investments | 50/53 | €100,000 | - | -€100,000 | |
| Cash at bank and in hand | 54/58 | €113,476 | €258,674 | +€145,198 | +128% |
| Deferred charges and accrued income | 490/1 | €2,210 | €1,355 | -€854 | -38.7% |
| Total equity and liabilities | 10/49 | €346,755 | €376,502 | +€29,747 | +8.6% |
| Equity | 10/15 | €300,176 | €345,274 | +€45,098 | +15.0% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €259,543 | €305,274 | +€45,730 | +17.6% |
| Distributable reserves | 133 | €259,543 | €305,274 | +€45,730 | +17.6% |
| Profit (loss) carried forward | 14 | €632 | - | -€632 | |
| Provisions and deferred taxes | 16 | €11,000 | - | -€11,000 | |
| Provisions for liabilities and charges | 160/5 | €11,000 | - | -€11,000 | |
| Pensions and similar obligations | 160 | €11,000 | - | -€11,000 | |
| Amounts payable | 17/49 | €35,580 | €31,228 | -€4,351 | -12.2% |
| Amounts payable after more than one year | 17 | €6,640 | - | -€6,640 | |
| Financial debts | 170/4 | €6,640 | - | -€6,640 | |
| Amounts payable within one year | 42/48 | €28,085 | €30,487 | +€2,402 | +8.6% |
| Current portion of amounts payable after more than one year | 42 | €11,321 | €6,640 | -€4,681 | -41.3% |
| Trade debts | 44 | €794 | €1,828 | +€1,034 | +130% |
| Suppliers | 440/4 | €794 | €1,828 | +€1,034 | +130% |
| Taxes, remuneration and social security | 45 | €5,451 | €8,225 | +€2,774 | +50.9% |
| Taxes | 450/3 | €5,451 | €8,225 | +€2,774 | +50.9% |
| Other amounts payable | 47/48 | €10,519 | €13,794 | +€3,275 | +31.1% |
| Accrued charges and deferred income | 492/3 | €855 | €741 | -€113 | -13.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,885 | €40,108 | +€4,223 | +11.8% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€11,000 | -€11,000 | |
| Other operating charges | 640/8 | €1,550 | €1,157 | -€393 | -25.4% |
| Gross operating margin | 9900 | €91,980 | €95,161 | +€3,180 | +3.5% |
| Operating profit (loss) | 9901 | €54,545 | €64,896 | +€10,351 | +19.0% |
| Financial income | 75/76B | €4,070 | €4,114 | +€44 | +1.1% |
| Recurring financial income | 75 | €4,070 | €4,114 | +€44 | +1.1% |
| Financial charges | 65/66B | €1,129 | €3,820 | +€2,691 | +238% |
| Recurring financial charges | 65 | €1,129 | €787 | -€342 | -30.3% |
| Non-recurring financial charges | 66B | - | €3,034 | +€3,034 | |
| Profit (loss) for the period before taxes | 9903 | €57,487 | €65,190 | +€7,703 | +13.4% |
| Income taxes | 67/77 | €16,672 | €19,460 | +€2,787 | +16.7% |
| Profit (loss) for the period | 9904 | €40,814 | €45,730 | +€4,916 | +12.0% |
| Profit (loss) for the period to be appropriated | 9905 | €40,814 | €45,730 | +€4,916 | +12.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.