VRIJSEN: 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.
VRIJSEN
Largest movements
- Cash +€52,024
up €52,024 (+20.3%), from €256,606 to €308,630
mainly Provisions (+€30,000) and Debts after one year (+€27,356)
- Tangible fixed assets +€31,921
up €31,921 (+74.3%), from €42,955 to €74,876
of which Furniture and vehicles: +€35,302
- Stocks and contracts +€5,500
up €5,500 (+122%), from €4,500 to €10,000
- Provisions +€30,000
new in 2025: €30,000
- Debts after one year +€27,356
new in 2025: €27,356
- Trade debts +€25,637
up €25,637 (+125%), from €20,563 to €46,199
- Other debts +€7,375
up €7,375 (+17.6%), from €41,944 to €49,320
- Reserves -€5,000
down €5,000 (-5.6%), from €89,600 to €84,600
of which Distributable reserves: -€5,000
- Staff costs -€150,594
down €150,594 (-70.8%), from €212,600 to €62,006
- Gross operating margin -€142,898
down €142,898 (-49.8%), from €287,095 to €144,197
- Provisions +€30,000
new in 2025: €30,000
- Depreciation +€10,469
up €10,469 (+95.6%), from €10,947 to €21,416
- Taxes -€10,417
down €10,417 (-43.0%), from €24,216 to €13,799
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 | €311,108 | €397,626 | +€86,518 | +27.8% |
| Fixed assets | 21/28 | €42,955 | €74,876 | +€31,921 | +74.3% |
| Tangible fixed assets | 22/27 | €42,955 | €74,876 | +€31,921 | +74.3% |
| Plant, machinery and equipment | 23 | €3,950 | €6,252 | +€2,301 | +58.3% |
| Furniture and vehicles | 24 | €15,218 | €50,520 | +€35,302 | +232% |
| Other tangible fixed assets | 26 | €23,787 | €18,104 | -€5,682 | -23.9% |
| Current assets | 29/58 | €268,153 | €322,750 | +€54,598 | +20.4% |
| Stocks and contracts in progress | 3 | €4,500 | €10,000 | +€5,500 | +122% |
| Stocks | 30/36 | €4,500 | €10,000 | +€5,500 | +122% |
| Amounts receivable within one year | 40/41 | €2,851 | - | -€2,851 | |
| Trade receivables | 40 | €2,851 | - | -€2,851 | |
| Cash at bank and in hand | 54/58 | €256,606 | €308,630 | +€52,024 | +20.3% |
| Deferred charges and accrued income | 490/1 | €4,196 | €4,120 | -€75 | -1.8% |
| Total equity and liabilities | 10/49 | €311,108 | €397,626 | +€86,518 | +27.8% |
| Equity | 10/15 | €220,600 | €216,079 | -€4,521 | -2.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €89,600 | €84,600 | -€5,000 | -5.6% |
| Non-distributable reserves | 130/1 | €9,600 | €9,600 | = | 0.0% |
| Reserves not available under the articles | 1311 | €9,600 | €9,600 | = | 0.0% |
| Distributable reserves | 133 | €80,000 | €75,000 | -€5,000 | -6.3% |
| Profit (loss) carried forward | 14 | €112,400 | €112,879 | +€479 | +0.4% |
| Provisions and deferred taxes | 16 | - | €30,000 | +€30,000 | |
| Provisions for liabilities and charges | 160/5 | - | €30,000 | +€30,000 | |
| Other liabilities and charges | 164/5 | - | €30,000 | +€30,000 | |
| Amounts payable | 17/49 | €90,508 | €151,547 | +€61,039 | +67.4% |
| Amounts payable after more than one year | 17 | - | €27,356 | +€27,356 | |
| Financial debts | 170/4 | - | €27,356 | +€27,356 | |
| Amounts payable within one year | 42/48 | €90,508 | €123,442 | +€32,934 | +36.4% |
| Financial debts | 43 | €3,024 | €7,666 | +€4,642 | +153% |
| Credit institutions | 430/8 | €3,024 | €7,666 | +€4,642 | +153% |
| Trade debts | 44 | €20,563 | €46,199 | +€25,637 | +125% |
| Suppliers | 440/4 | €20,563 | €46,199 | +€25,637 | +125% |
| Taxes, remuneration and social security | 45 | €24,977 | €20,257 | -€4,720 | -18.9% |
| Taxes | 450/3 | €18,775 | €16,077 | -€2,699 | -14.4% |
| Remuneration and social security | 454/9 | €6,202 | €4,180 | -€2,021 | -32.6% |
| Other amounts payable | 47/48 | €41,944 | €49,320 | +€7,375 | +17.6% |
| Accrued charges and deferred income | 492/3 | - | €750 | +€750 | |
| Remuneration, social security and pensions | 62 | €212,600 | €62,006 | -€150,594 | -70.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,947 | €21,416 | +€10,469 | +95.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €30,000 | +€30,000 | |
| Other operating charges | 640/8 | €13,643 | €9,309 | -€4,334 | -31.8% |
| Gross operating margin | 9900 | €287,095 | €144,197 | -€142,898 | -49.8% |
| Operating profit (loss) | 9901 | €49,905 | €21,466 | -€28,439 | -57.0% |
| Financial income | 75/76B | €1,734 | €3,972 | +€2,238 | +129% |
| Recurring financial income | 75 | €1,734 | €3,972 | +€2,238 | +129% |
| Financial charges | 65/66B | €550 | €1,160 | +€609 | +111% |
| Recurring financial charges | 65 | €550 | €1,160 | +€609 | +111% |
| Profit (loss) for the period before taxes | 9903 | €51,088 | €24,278 | -€26,810 | -52.5% |
| Income taxes | 67/77 | €24,216 | €13,799 | -€10,417 | -43.0% |
| Profit (loss) for the period | 9904 | €26,872 | €10,479 | -€16,393 | -61.0% |
| Profit (loss) for the period to be appropriated | 9905 | €26,872 | €10,479 | -€16,393 | -61.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.