Vriesendorp Holding: what changed
Vriesendorp Holding
Largest movements
- Cash +€78,944
up €78,944 (+97.2%), from €81,212 to €160,156
mainly Net result for the year (+€115,842) and Tax, wage and social debts (+€43,750)
- Receivables within one year +€48,640
up €48,640 (+1,325%), from €3,671 to €52,311
of which Other amounts receivable: +€26,845
- Current investments +€19,061
up €19,061 (+21.6%), from €88,111 to €107,172
- Tangible fixed assets +€8,129
up €8,129 (+658%), from €1,236 to €9,365
of which Furniture and vehicles: +€5,182
- Reserves +€114,120
new in 2025: €114,120
- Tax, wage and social debts +€43,750
up €43,750 (+84.6%), from €51,713 to €95,463
- Taxes -€6,268
down €6,268 (-15.6%), from €40,077 to €33,809
- Gross operating margin -€2,621
down €2,621 (-1.7%), from €155,181 to €152,560
- Depreciation +€1,746
up €1,746 (+3,468%), from €50 to €1,796
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €174,231 | €330,639 | +€156,408 | +89.8% |
| Fixed assets | 21/28 | €1,236 | €9,365 | +€8,129 | +658% |
| Tangible fixed assets | 22/27 | €1,236 | €9,365 | +€8,129 | +658% |
| Plant, machinery and equipment | 23 | €1,236 | €4,183 | +€2,947 | +238% |
| Furniture and vehicles | 24 | - | €5,182 | +€5,182 | |
| Current assets | 29/58 | €172,995 | €321,274 | +€148,279 | +85.7% |
| Amounts receivable within one year | 40/41 | €3,671 | €52,311 | +€48,640 | +1,325% |
| Trade receivables | 40 | €2,269 | €24,064 | +€21,795 | +961% |
| Other amounts receivable | 41 | €1,402 | €28,247 | +€26,845 | +1,914% |
| Current investments | 50/53 | €88,111 | €107,172 | +€19,061 | +21.6% |
| Cash at bank and in hand | 54/58 | €81,212 | €160,156 | +€78,944 | +97.2% |
| Deferred charges and accrued income | 490/1 | - | €1,635 | +€1,635 | |
| Total equity and liabilities | 10/49 | €174,231 | €330,639 | +€156,408 | +89.8% |
| Equity | 10/15 | €116,120 | €231,962 | +€115,842 | +99.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | - | €114,120 | +€114,120 | |
| Distributable reserves | 133 | - | €114,120 | +€114,120 | |
| Profit (loss) carried forward | 14 | €114,120 | €115,842 | +€1,722 | +1.5% |
| Amounts payable | 17/49 | €58,111 | €98,677 | +€40,566 | +69.8% |
| Amounts payable within one year | 42/48 | €57,377 | €98,677 | +€41,300 | +72.0% |
| Trade debts | 44 | €5,627 | €2,946 | -€2,681 | -47.6% |
| Suppliers | 440/4 | €5,627 | €2,946 | -€2,681 | -47.6% |
| Taxes, remuneration and social security | 45 | €51,713 | €95,463 | +€43,750 | +84.6% |
| Taxes | 450/3 | €51,713 | €95,463 | +€43,750 | +84.6% |
| Other amounts payable | 47/48 | €37 | €269 | +€232 | +626% |
| Accrued charges and deferred income | 492/3 | €734 | €0 | -€734 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50 | €1,796 | +€1,746 | +3,468% |
| Other operating charges | 640/8 | €772 | €1,162 | +€391 | +50.6% |
| Gross operating margin | 9900 | €155,181 | €152,560 | -€2,621 | -1.7% |
| Operating profit (loss) | 9901 | €154,359 | €149,602 | -€4,758 | -3.1% |
| Financial income | 75/76B | - | €797 | +€797 | |
| Recurring financial income | 75 | - | €797 | +€797 | |
| Financial charges | 65/66B | €163 | €747 | +€585 | +359% |
| Recurring financial charges | 65 | €163 | €747 | +€585 | +359% |
| Profit (loss) for the period before taxes | 9903 | €154,197 | €149,651 | -€4,546 | -2.9% |
| Income taxes | 67/77 | €40,077 | €33,809 | -€6,268 | -15.6% |
| Profit (loss) for the period | 9904 | €114,120 | €115,842 | +€1,722 | +1.5% |
| Profit (loss) for the period to be appropriated | 9905 | €114,120 | €115,842 | +€1,722 | +1.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.