VRIJENS: 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.
VRIJENS
Largest movements
- Tangible fixed assets -€57,392
down €57,392 (-18.3%), from €313,020 to €255,627
- Cash +€56,574
up €56,574 (+20.6%), from €274,711 to €331,285
mainly Depreciation (+€57,392) and Net result for the year (+€25,082)
- Receivables within one year -€8,592
down €8,592 (-15.3%), from €56,173 to €47,581
of which Other amounts receivable: -€14,309
- Debts after one year -€32,926
down €32,926 (-44.1%), from €74,618 to €41,693
- Reserves +€25,082
up €25,082 (+7.8%), from €321,388 to €346,469
- Financial income -€98,529
down €98,529 (-98.0%), from €100,509 to €1,980
- Gross operating margin -€69,974
down €69,974 (-32.8%), from €213,451 to €143,477
- Taxes -€24,081
down €24,081 (-64.8%), from €37,145 to €13,064
- Staff costs -€10,175
down €10,175 (-19.3%), from €52,613 to €42,438
- Depreciation +€3,757
up €3,757 (+7.0%), from €53,636 to €57,392
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 | €709,904 | €700,119 | -€9,785 | -1.4% |
| Fixed assets | 21/28 | €331,020 | €273,627 | -€57,392 | -17.3% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €313,020 | €255,627 | -€57,392 | -18.3% |
| Land and buildings | 22 | €196,563 | €174,748 | -€21,815 | -11.1% |
| Plant, machinery and equipment | 23 | €32,773 | €18,311 | -€14,462 | -44.1% |
| Furniture and vehicles | 24 | €83,684 | €62,569 | -€21,115 | -25.2% |
| Financial fixed assets | 28 | €18,000 | €18,000 | = | 0.0% |
| Current assets | 29/58 | €378,884 | €426,492 | +€47,608 | +12.6% |
| Stocks and contracts in progress | 3 | €48,001 | €47,626 | -€375 | -0.8% |
| Stocks | 30/36 | €48,001 | €47,626 | -€375 | -0.8% |
| Amounts receivable within one year | 40/41 | €56,173 | €47,581 | -€8,592 | -15.3% |
| Trade receivables | 40 | €24,243 | €29,960 | +€5,717 | +23.6% |
| Other amounts receivable | 41 | €31,930 | €17,622 | -€14,309 | -44.8% |
| Cash at bank and in hand | 54/58 | €274,711 | €331,285 | +€56,574 | +20.6% |
| Total equity and liabilities | 10/49 | €709,904 | €700,119 | -€9,785 | -1.4% |
| Equity | 10/15 | €586,032 | €611,114 | +€25,082 | +4.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €321,388 | €346,469 | +€25,082 | +7.8% |
| Distributable reserves | 133 | €321,388 | €346,469 | +€25,082 | +7.8% |
| Profit (loss) carried forward | 14 | €246,045 | €246,045 | = | 0.0% |
| Amounts payable | 17/49 | €123,872 | €89,005 | -€34,866 | -28.1% |
| Amounts payable after more than one year | 17 | €74,618 | €41,693 | -€32,926 | -44.1% |
| Financial debts | 170/4 | €74,618 | €41,693 | -€32,926 | -44.1% |
| Amounts payable within one year | 42/48 | €49,253 | €47,313 | -€1,940 | -3.9% |
| Current portion of amounts payable after more than one year | 42 | €33,609 | €32,926 | -€683 | -2.0% |
| Trade debts | 44 | €0 | €5,308 | +€5,308 | |
| Suppliers | 440/4 | €0 | €5,308 | +€5,308 | |
| Taxes, remuneration and social security | 45 | €10,189 | €8,277 | -€1,912 | -18.8% |
| Taxes | 450/3 | €1,003 | €1,197 | +€194 | +19.4% |
| Remuneration and social security | 454/9 | €9,186 | €7,079 | -€2,106 | -22.9% |
| Other amounts payable | 47/48 | €5,455 | €802 | -€4,653 | -85.3% |
| Remuneration, social security and pensions | 62 | €52,613 | €42,438 | -€10,175 | -19.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,636 | €57,392 | +€3,757 | +7.0% |
| Other operating charges | 640/8 | €3,686 | €2,983 | -€703 | -19.1% |
| Gross operating margin | 9900 | €213,451 | €143,477 | -€69,974 | -32.8% |
| Operating profit (loss) | 9901 | €103,516 | €40,663 | -€62,853 | -60.7% |
| Financial income | 75/76B | €100,509 | €1,980 | -€98,529 | -98.0% |
| Recurring financial income | 75 | €100,509 | €1,980 | -€98,529 | -98.0% |
| Financial charges | 65/66B | €5,717 | €4,497 | -€1,220 | -21.3% |
| Recurring financial charges | 65 | €5,717 | €4,497 | -€1,220 | -21.3% |
| Profit (loss) for the period before taxes | 9903 | €198,307 | €38,146 | -€160,162 | -80.8% |
| Income taxes | 67/77 | €37,145 | €13,064 | -€24,081 | -64.8% |
| Profit (loss) for the period | 9904 | €161,162 | €25,082 | -€136,081 | -84.4% |
| Profit (loss) for the period to be appropriated | 9905 | €161,162 | €25,082 | -€136,081 | -84.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.