VRIJLEEN: 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.
VRIJLEEN
Largest movements
- Tangible fixed assets +€70,704
up €70,704 (+13.2%), from €536,794 to €607,498
of which Land and buildings: +€68,174
- Cash +€7,501
up €7,501 (+258%), from €2,908 to €10,409
mainly Depreciation (+€51,224) and Other debts (+€37,517)
- Other debts +€37,517
up €37,517 (+52.0%), from €72,179 to €109,696
- Debts after one year +€17,838
up €17,838 (+5.8%), from €307,539 to €325,377
- Current portion of long-term debt +€7,324
up €7,324 (+20.1%), from €36,454 to €43,778
- Trade debts +€6,676
up €6,676 (+125%), from €5,340 to €12,016
- Gross operating margin +€24,473
up €24,473 (+41.4%), from €59,090 to €83,563
- Financial charges +€13,232
up €13,232 (+386%), from €3,429 to €16,661
- Taxes +€1,425
new in 2024: €1,425
- Depreciation +€956
up €956 (+1.9%), from €50,267 to €51,224
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €542,692 | €618,115 | +€75,423 | +13.9% |
| Fixed assets | 21/28 | €536,794 | €607,498 | +€70,704 | +13.2% |
| Tangible fixed assets | 22/27 | €536,794 | €607,498 | +€70,704 | +13.2% |
| Land and buildings | 22 | €518,273 | €586,447 | +€68,174 | +13.2% |
| Plant, machinery and equipment | 23 | €17,668 | €11,544 | -€6,124 | -34.7% |
| Furniture and vehicles | 24 | €853 | €507 | -€346 | -40.6% |
| Assets under construction and advance payments | 27 | - | €9,000 | +€9,000 | |
| Current assets | 29/58 | €5,898 | €10,617 | +€4,719 | +80.0% |
| Cash at bank and in hand | 54/58 | €2,908 | €10,409 | +€7,501 | +258% |
| Deferred charges and accrued income | 490/1 | €2,990 | €208 | -€2,782 | -93.0% |
| Total equity and liabilities | 10/49 | €542,692 | €618,115 | +€75,423 | +13.9% |
| Equity | 10/15 | €109,385 | €115,546 | +€6,161 | +5.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €18,433 | €18,433 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €12,233 | €12,233 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,952 | €35,114 | +€6,161 | +21.3% |
| Amounts payable | 17/49 | €433,307 | €502,569 | +€69,262 | +16.0% |
| Amounts payable after more than one year | 17 | €307,539 | €325,377 | +€17,838 | +5.8% |
| Financial debts | 170/4 | €307,539 | €325,377 | +€17,838 | +5.8% |
| Amounts payable within one year | 42/48 | €117,523 | €167,245 | +€49,723 | +42.3% |
| Current portion of amounts payable after more than one year | 42 | €36,454 | €43,778 | +€7,324 | +20.1% |
| Trade debts | 44 | €5,340 | €12,016 | +€6,676 | +125% |
| Suppliers | 440/4 | €5,340 | €12,016 | +€6,676 | +125% |
| Taxes, remuneration and social security | 45 | €3,551 | €1,756 | -€1,795 | -50.5% |
| Taxes | 450/3 | €3,551 | €1,756 | -€1,795 | -50.5% |
| Other amounts payable | 47/48 | €72,179 | €109,696 | +€37,517 | +52.0% |
| Accrued charges and deferred income | 492/3 | €8,245 | €9,946 | +€1,701 | +20.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,267 | €51,224 | +€956 | +1.9% |
| Other operating charges | 640/8 | €7,580 | €8,092 | +€512 | +6.8% |
| Gross operating margin | 9900 | €59,090 | €83,563 | +€24,473 | +41.4% |
| Operating profit (loss) | 9901 | €1,243 | €24,247 | +€23,004 | +1,850% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €3,429 | €16,661 | +€13,232 | +386% |
| Recurring financial charges | 65 | €3,429 | €16,661 | +€13,232 | +386% |
| Profit (loss) for the period before taxes | 9903 | -€2,186 | €7,587 | +€9,772 | |
| Income taxes | 67/77 | - | €1,425 | +€1,425 | |
| Profit (loss) for the period | 9904 | -€2,186 | €6,161 | +€8,347 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,186 | €6,161 | +€8,347 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.