VRIENDTJESPACK: 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.
VRIENDTJESPACK
Largest movements
- Tangible fixed assets -€43,618
down €43,618 (-29.3%), from €148,782 to €105,164
of which Plant, machinery and equipment: -€32,340
- Receivables within one year +€17,775
up €17,775 (+5.4%), from €332,061 to €349,835
of which Trade receivables: +€17,775
- Deferred charges and accrued income +€14,985
up €14,985 (+85.4%), from €17,542 to €32,527
- Debts after one year -€26,000
down €26,000 (-41.4%), from €62,833 to €36,833
- Profit (loss) carried forward +€14,113
up €14,113 (+11.4%), from €123,301 to €137,414
- Gross operating margin +€21,170
up €21,170 (+43.0%), from €49,231 to €70,401
- Depreciation -€8,015
down €8,015 (-13.5%), from €59,583 to €51,568
- Financial charges -€1,705
down €1,705 (-30.4%), from €5,611 to €3,906
- Staff costs -€1,524
down €1,524 (-100%), from €1,524 to €0
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 | €516,801 | €502,698 | -€14,103 | -2.7% |
| Fixed assets | 21/28 | €148,782 | €105,164 | -€43,618 | -29.3% |
| Tangible fixed assets | 22/27 | €148,782 | €105,164 | -€43,618 | -29.3% |
| Plant, machinery and equipment | 23 | €114,878 | €82,538 | -€32,340 | -28.2% |
| Furniture and vehicles | 24 | €33,904 | €22,626 | -€11,278 | -33.3% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Current assets | 29/58 | €368,019 | €397,534 | +€29,515 | +8.0% |
| Amounts receivable within one year | 40/41 | €332,061 | €349,835 | +€17,775 | +5.4% |
| Trade receivables | 40 | €11,779 | €29,554 | +€17,775 | +151% |
| Other amounts receivable | 41 | €320,281 | €320,281 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €18,416 | €15,171 | -€3,245 | -17.6% |
| Deferred charges and accrued income | 490/1 | €17,542 | €32,527 | +€14,985 | +85.4% |
| Total equity and liabilities | 10/49 | €516,801 | €502,698 | -€14,103 | -2.7% |
| Equity | 10/15 | €124,301 | €138,414 | +€14,113 | +11.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €123,301 | €137,414 | +€14,113 | +11.4% |
| Amounts payable | 17/49 | €392,500 | €364,284 | -€28,216 | -7.2% |
| Amounts payable after more than one year | 17 | €62,833 | €36,833 | -€26,000 | -41.4% |
| Financial debts | 170/4 | €62,833 | €36,833 | -€26,000 | -41.4% |
| Amounts payable within one year | 42/48 | €96,816 | €94,600 | -€2,216 | -2.3% |
| Current portion of amounts payable after more than one year | 42 | €14,480 | €14,480 | = | 0.0% |
| Trade debts | 44 | €51,227 | €46,505 | -€4,723 | -9.2% |
| Suppliers | 440/4 | €51,227 | €46,505 | -€4,723 | -9.2% |
| Taxes, remuneration and social security | 45 | €13,408 | €15,915 | +€2,507 | +18.7% |
| Taxes | 450/3 | €13,408 | €15,915 | +€2,507 | +18.7% |
| Other amounts payable | 47/48 | €17,700 | €17,700 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €232,851 | €232,851 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €1,524 | €0 | -€1,524 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,583 | €51,568 | -€8,015 | -13.5% |
| Other operating charges | 640/8 | €1,437 | €1,172 | -€266 | -18.5% |
| Gross operating margin | 9900 | €49,231 | €70,401 | +€21,170 | +43.0% |
| Operating profit (loss) | 9901 | -€13,313 | €17,662 | +€30,975 | |
| Financial income | 75/76B | €0 | €357 | +€357 | +714,720% |
| Recurring financial income | 75 | €0 | €357 | +€357 | +714,720% |
| Financial charges | 65/66B | €5,611 | €3,906 | -€1,705 | -30.4% |
| Recurring financial charges | 65 | €5,611 | €3,906 | -€1,705 | -30.4% |
| Profit (loss) for the period before taxes | 9903 | -€18,925 | €14,113 | +€33,038 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€18,925 | €14,113 | +€33,038 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,925 | €14,113 | +€33,038 |
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 21 October 2026 via checked.be.