VRIJGO: 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.
VRIJGO
Largest movements
- Cash +€39,602
up €39,602 (+66.4%), from €59,686 to €99,288
mainly Net result for the year (+€78,459) and Depreciation (+€23,525)
- Tangible fixed assets -€21,494
down €21,494 (-21.8%), from €98,444 to €76,950
of which Furniture and vehicles: -€22,508
- Receivables within one year +€10,683
up €10,683 (+26.7%), from €40,041 to €50,725
of which Other amounts receivable: +€10,683
- Reserves +€77,626
up €77,626 (+81.9%), from €94,732 to €172,358
- Other debts -€25,388
down €25,388 (-42.1%), from €60,345 to €34,957
- Tax, wage and social debts -€23,153
down €23,153 (-51.2%), from €45,195 to €22,041
of which Taxes: -€23,202
- Gross operating margin -€19,971
down €19,971 (-13.6%), from €146,541 to €126,570
- Taxes -€11,157
down €11,157 (-34.4%), from €32,473 to €21,317
- Depreciation +€6,913
up €6,913 (+41.6%), from €16,612 to €23,525
- Financial charges +€2,182
up €2,182 (+14,926%), from €15 to €2,197
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 | €201,731 | €230,344 | +€28,613 | +14.2% |
| Fixed assets | 21/28 | €100,444 | €78,950 | -€21,494 | -21.4% |
| Tangible fixed assets | 22/27 | €98,444 | €76,950 | -€21,494 | -21.8% |
| Plant, machinery and equipment | 23 | €1,450 | €2,464 | +€1,014 | +69.9% |
| Furniture and vehicles | 24 | €96,993 | €74,486 | -€22,508 | -23.2% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €101,287 | €151,394 | +€50,107 | +49.5% |
| Amounts receivable within one year | 40/41 | €40,041 | €50,725 | +€10,683 | +26.7% |
| Trade receivables | 40 | €40,041 | €40,041 | = | 0.0% |
| Other amounts receivable | 41 | - | €10,683 | +€10,683 | |
| Cash at bank and in hand | 54/58 | €59,686 | €99,288 | +€39,602 | +66.4% |
| Deferred charges and accrued income | 490/1 | €1,560 | €1,380 | -€179 | -11.5% |
| Total equity and liabilities | 10/49 | €201,731 | €230,344 | +€28,613 | +14.2% |
| Equity | 10/15 | €94,832 | €172,458 | +€77,626 | +81.9% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €94,732 | €172,358 | +€77,626 | +81.9% |
| Distributable reserves | 133 | €94,732 | €172,358 | +€77,626 | +81.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €106,898 | €57,886 | -€49,013 | -45.8% |
| Amounts payable within one year | 42/48 | €106,898 | €57,886 | -€49,013 | -45.8% |
| Trade debts | 44 | €1,359 | €888 | -€471 | -34.7% |
| Suppliers | 440/4 | €1,359 | €888 | -€471 | -34.7% |
| Taxes, remuneration and social security | 45 | €45,195 | €22,041 | -€23,153 | -51.2% |
| Taxes | 450/3 | €42,502 | €19,300 | -€23,202 | -54.6% |
| Remuneration and social security | 454/9 | €2,692 | €2,741 | +€49 | +1.8% |
| Other amounts payable | 47/48 | €60,345 | €34,957 | -€25,388 | -42.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,612 | €23,525 | +€6,913 | +41.6% |
| Other operating charges | 640/8 | €935 | €1,073 | +€138 | +14.8% |
| Non-recurring operating charges | 66A | €973 | €0 | -€973 | -100% |
| Gross operating margin | 9900 | €146,541 | €126,570 | -€19,971 | -13.6% |
| Operating profit (loss) | 9901 | €128,020 | €101,972 | -€26,049 | -20.3% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €15 | €2,197 | +€2,182 | +14,926% |
| Recurring financial charges | 65 | €15 | €2,197 | +€2,182 | +14,926% |
| Profit (loss) for the period before taxes | 9903 | €128,006 | €99,775 | -€28,231 | -22.1% |
| Income taxes | 67/77 | €32,473 | €21,317 | -€11,157 | -34.4% |
| Profit (loss) for the period | 9904 | €95,532 | €78,459 | -€17,074 | -17.9% |
| Profit (loss) for the period to be appropriated | 9905 | €95,532 | €78,459 | -€17,074 | -17.9% |
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 17 October 2026 via checked.be.