Vrielynck: 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.
Vrielynck
Largest movements
- Receivables within one year +€27,496
up €27,496 (+390%), from €7,054 to €34,550
of which Trade receivables: +€23,014
- Cash +€19,736
up €19,736 (+25.3%), from €77,863 to €97,599
mainly Net result for the year (+€84,943) and Trade debts (+€23,343)
- Tangible fixed assets +€6,459
up €6,459 (+43.0%), from €15,018 to €21,477
of which Plant, machinery and equipment: +€4,117
- Reserves +€33,781
up €33,781 (+45.4%), from €74,442 to €108,223
- Trade debts +€23,343
up €23,343 (+544%), from €4,291 to €27,634
- Other debts -€2,254
down €2,254 (-97.0%), from €2,323 to €69
- Gross operating margin +€87,856
up €87,856 (+197%), from €44,680 to €132,535
- Taxes +€27,188
up €27,188 (+207%), from €13,149 to €40,337
- Depreciation +€1,580
up €1,580 (+36.7%), from €4,307 to €5,887
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 | €100,791 | €154,605 | +€53,814 | +53.4% |
| Fixed assets | 21/28 | €15,018 | €21,477 | +€6,459 | +43.0% |
| Tangible fixed assets | 22/27 | €15,018 | €21,477 | +€6,459 | +43.0% |
| Plant, machinery and equipment | 23 | €8,024 | €12,141 | +€4,117 | +51.3% |
| Furniture and vehicles | 24 | €2,564 | €1,981 | -€583 | -22.7% |
| Other tangible fixed assets | 26 | €4,430 | €7,354 | +€2,924 | +66.0% |
| Current assets | 29/58 | €85,773 | €133,128 | +€47,355 | +55.2% |
| Amounts receivable within one year | 40/41 | €7,054 | €34,550 | +€27,496 | +390% |
| Trade receivables | 40 | €7,049 | €30,064 | +€23,014 | +326% |
| Other amounts receivable | 41 | €4 | €4,486 | +€4,482 | +100,713% |
| Cash at bank and in hand | 54/58 | €77,863 | €97,599 | +€19,736 | +25.3% |
| Deferred charges and accrued income | 490/1 | €856 | €979 | +€123 | +14.4% |
| Total equity and liabilities | 10/49 | €100,791 | €154,605 | +€53,814 | +53.4% |
| Equity | 10/15 | €80,642 | €114,423 | +€33,781 | +41.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €74,442 | €108,223 | +€33,781 | +45.4% |
| Distributable reserves | 133 | €74,442 | €108,223 | +€33,781 | +45.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €20,149 | €40,182 | +€20,033 | +99.4% |
| Amounts payable within one year | 42/48 | €20,149 | €40,182 | +€20,033 | +99.4% |
| Trade debts | 44 | €4,291 | €27,634 | +€23,343 | +544% |
| Suppliers | 440/4 | €4,291 | €27,634 | +€23,343 | +544% |
| Taxes, remuneration and social security | 45 | €13,534 | €12,479 | -€1,056 | -7.8% |
| Taxes | 450/3 | €13,534 | €12,479 | -€1,056 | -7.8% |
| Other amounts payable | 47/48 | €2,323 | €69 | -€2,254 | -97.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,307 | €5,887 | +€1,580 | +36.7% |
| Other operating charges | 640/8 | €2,245 | €1,206 | -€1,039 | -46.3% |
| Non-recurring operating charges | 66A | €1,459 | €0 | -€1,459 | -100% |
| Gross operating margin | 9900 | €44,680 | €132,535 | +€87,856 | +197% |
| Operating profit (loss) | 9901 | €36,668 | €125,443 | +€88,775 | +242% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €239 | €163 | -€76 | -31.6% |
| Recurring financial charges | 65 | €239 | €163 | -€76 | -31.6% |
| Profit (loss) for the period before taxes | 9903 | €36,429 | €125,279 | +€88,850 | +244% |
| Income taxes | 67/77 | €13,149 | €40,337 | +€27,188 | +207% |
| Profit (loss) for the period | 9904 | €23,281 | €84,943 | +€61,662 | +265% |
| Profit (loss) for the period to be appropriated | 9905 | €23,281 | €84,943 | +€61,662 | +265% |
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 15 October 2026 via checked.be.