VRIELINCK: 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.
VRIELINCK
Largest movements
- Cash +€1.2m
up €1.2m (+128%), from €902,747 to €2.1m
mainly Net result for the year (+€637,664) and Trade debts (+€290,256)
- Receivables within one year -€118,744
down €118,744 (-61.3%), from €193,617 to €74,873
of which Other amounts receivable: -€118,744
- Reserves +€637,664
up €637,664 (+78.3%), from €814,049 to €1.5m
of which Distributable reserves: +€637,664
- Trade debts +€290,256
up €290,256 (+255%), from €113,765 to €404,021
- Tax, wage and social debts +€127,339
up €127,339 (+288%), from €44,247 to €171,586
of which Taxes: +€136,739
- Other debts -€22,500
down €22,500 (-95.0%), from €23,686 to €1,186
- Gross operating margin +€606,580
up €606,580 (+184%), from €329,756 to €936,336
- Taxes +€218,582
up €218,582 (+275%), from €79,534 to €298,117
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 | €1,096,364 | €2,129,123 | +€1.0m | +94.2% |
| Current assets | 29/58 | €1,096,364 | €2,129,123 | +€1.0m | +94.2% |
| Amounts receivable within one year | 40/41 | €193,617 | €74,873 | -€118,744 | -61.3% |
| Trade receivables | 40 | €74,873 | €74,873 | = | 0.0% |
| Other amounts receivable | 41 | €118,744 | €0 | -€118,744 | -100% |
| Cash at bank and in hand | 54/58 | €902,747 | €2,054,250 | +€1.2m | +128% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €1,096,364 | €2,129,123 | +€1.0m | +94.2% |
| Equity | 10/15 | €820,249 | €1,457,913 | +€637,664 | +77.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €814,049 | €1,451,713 | +€637,664 | +78.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €814,049 | €1,451,713 | +€637,664 | +78.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €276,115 | €671,210 | +€395,095 | +143% |
| Amounts payable within one year | 42/48 | €181,698 | €576,793 | +€395,095 | +217% |
| Trade debts | 44 | €113,765 | €404,021 | +€290,256 | +255% |
| Suppliers | 440/4 | €113,765 | €404,021 | +€290,256 | +255% |
| Taxes, remuneration and social security | 45 | €44,247 | €171,586 | +€127,339 | +288% |
| Taxes | 450/3 | €25,097 | €161,836 | +€136,739 | +545% |
| Remuneration and social security | 454/9 | €19,150 | €9,750 | -€9,400 | -49.1% |
| Other amounts payable | 47/48 | €23,686 | €1,186 | -€22,500 | -95.0% |
| Accrued charges and deferred income | 492/3 | €94,417 | €94,417 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €707 | €513 | -€194 | -27.4% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €329,756 | €936,336 | +€606,580 | +184% |
| Operating profit (loss) | 9901 | €329,049 | €935,823 | +€606,774 | +184% |
| Financial charges | 65/66B | €42 | €42 | = | 0.0% |
| Recurring financial charges | 65 | €42 | €42 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €329,007 | €935,781 | +€606,774 | +184% |
| Income taxes | 67/77 | €79,534 | €298,117 | +€218,582 | +275% |
| Profit (loss) for the period | 9904 | €249,473 | €637,664 | +€388,192 | +156% |
| Profit (loss) for the period to be appropriated | 9905 | €249,473 | €637,664 | +€388,192 | +156% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.