VRIESDONCK: 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.
VRIESDONCK
Largest movements
- Financial fixed assets +€751,974
up €751,974 (+53.7%), from €1.4m to €2.2m
- Tangible fixed assets -€144,610
down €144,610 (-21.0%), from €689,248 to €544,639
of which Land and buildings: -€120,329
- Receivables within one year +€69,746
up €69,746 (+179%), from €38,972 to €108,718
of which Other amounts receivable: +€71,352
- Debts after one year +€668,393
up €668,393 (+33.1%), from €2.0m to €2.7m
of which Financial debts: +€668,393
- Gross operating margin +€39,064
up €39,064, from -€38,881 to €183
- Financial income +€30,786
up €30,786 (+43.3%), from €71,171 to €101,957
- Other operating charges +€19,793
up €19,793 (+170%), from €11,609 to €31,402
- Taxes -€5,895
down €5,895 (-93.9%), from €6,275 to €381
- Depreciation -€3,940
down €3,940 (-6.5%), from €61,034 to €57,094
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 | €2,159,328 | €2,842,867 | +€683,539 | +31.7% |
| Fixed assets | 21/28 | €2,089,248 | €2,696,612 | +€607,364 | +29.1% |
| Tangible fixed assets | 22/27 | €689,248 | €544,639 | -€144,610 | -21.0% |
| Land and buildings | 22 | €595,786 | €475,457 | -€120,329 | -20.2% |
| Plant, machinery and equipment | 23 | €13,582 | €10,748 | -€2,834 | -20.9% |
| Furniture and vehicles | 24 | €76,107 | €54,660 | -€21,447 | -28.2% |
| Other tangible fixed assets | 26 | €3,774 | €3,774 | = | 0.0% |
| Financial fixed assets | 28 | €1,400,000 | €2,151,974 | +€751,974 | +53.7% |
| Current assets | 29/58 | €70,080 | €146,255 | +€76,175 | +109% |
| Amounts receivable within one year | 40/41 | €38,972 | €108,718 | +€69,746 | +179% |
| Trade receivables | 40 | €12,308 | €10,702 | -€1,606 | -13.1% |
| Other amounts receivable | 41 | €26,664 | €98,016 | +€71,352 | +268% |
| Cash at bank and in hand | 54/58 | - | €24,952 | +€24,952 | |
| Deferred charges and accrued income | 490/1 | €31,108 | €12,584 | -€18,523 | -59.5% |
| Total equity and liabilities | 10/49 | €2,159,328 | €2,842,867 | +€683,539 | +31.7% |
| Equity | 10/15 | €1,636 | €8,663 | +€7,027 | +430% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,764 | -€3,737 | +€7,027 | +65.3% |
| Amounts payable | 17/49 | €2,157,692 | €2,834,204 | +€676,512 | +31.4% |
| Amounts payable after more than one year | 17 | €2,016,748 | €2,685,141 | +€668,393 | +33.1% |
| Financial debts | 170/4 | €2,008,183 | €2,676,576 | +€668,393 | +33.3% |
| Other amounts payable | 178/9 | €8,565 | €8,565 | = | 0.0% |
| Amounts payable within one year | 42/48 | €140,944 | €149,063 | +€8,119 | +5.8% |
| Current portion of amounts payable after more than one year | 42 | €21,290 | €21,607 | +€317 | +1.5% |
| Financial debts | 43 | €654 | - | -€654 | |
| Credit institutions | 430/8 | €654 | - | -€654 | |
| Trade debts | 44 | €9,141 | €5,415 | -€3,725 | -40.8% |
| Suppliers | 440/4 | €9,141 | €5,415 | -€3,725 | -40.8% |
| Taxes, remuneration and social security | 45 | €25,015 | €11,366 | -€13,649 | -54.6% |
| Taxes | 450/3 | €25,015 | €11,366 | -€13,649 | -54.6% |
| Other amounts payable | 47/48 | €84,844 | €110,675 | +€25,831 | +30.4% |
| Remuneration, social security and pensions | 62 | €692 | €333 | -€359 | -51.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,034 | €57,094 | -€3,940 | -6.5% |
| Other operating charges | 640/8 | €11,609 | €31,402 | +€19,793 | +170% |
| Non-recurring operating charges | 66A | €4,138 | - | -€4,138 | |
| Gross operating margin | 9900 | -€38,881 | €183 | +€39,064 | |
| Operating profit (loss) | 9901 | -€116,354 | -€88,646 | +€27,708 | +23.8% |
| Financial income | 75/76B | €71,171 | €101,957 | +€30,786 | +43.3% |
| Recurring financial income | 75 | €71,171 | €101,957 | +€30,786 | +43.3% |
| Financial charges | 65/66B | €3,485 | €5,903 | +€2,418 | +69.4% |
| Recurring financial charges | 65 | €3,485 | €5,903 | +€2,418 | +69.4% |
| Profit (loss) for the period before taxes | 9903 | -€48,668 | €7,408 | +€56,076 | |
| Income taxes | 67/77 | €6,275 | €381 | -€5,895 | -93.9% |
| Profit (loss) for the period | 9904 | -€54,944 | €7,027 | +€61,971 | |
| Profit (loss) for the period to be appropriated | 9905 | -€54,944 | €7,027 | +€61,971 |
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 31 October 2026 via checked.be.