Vroman & Coussens: 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.
Vroman & Coussens
Largest movements
- Tangible fixed assets +€378,859
up €378,859 (+1,854%), from €20,433 to €399,292
of which Other tangible fixed assets: +€383,925
- Cash -€114,234
down €114,234 (-58.9%), from €193,836 to €79,601
mainly Investment in fixed assets (net) (-€466,183) and Deferred charges and accrued income (-€15,338)
- Deferred charges and accrued income +€15,338
up €15,338 (+604%), from €2,541 to €17,879
- Receivables within one year +€14,472
new in 2025: €14,472
- Debts after one year +€200,000
new in 2025: €200,000
- Reserves +€88,269
up €88,269 (+44.3%), from €199,091 to €287,360
- Accrued charges and deferred income +€12,775
up €12,775 (+1,248%), from €1,024 to €13,799
- Depreciation +€81,128
up €81,128 (+1,309%), from €6,196 to €87,324
- Gross operating margin -€78,049
down €78,049 (-28.7%), from €271,737 to €193,689
- Taxes -€47,642
down €47,642 (-77.1%), from €61,771 to €14,130
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 | €216,810 | €511,245 | +€294,434 | +136% |
| Fixed assets | 21/28 | €20,433 | €399,292 | +€378,859 | +1,854% |
| Tangible fixed assets | 22/27 | €20,433 | €399,292 | +€378,859 | +1,854% |
| Plant, machinery and equipment | 23 | €9,107 | €6,907 | -€2,200 | -24.2% |
| Furniture and vehicles | 24 | €11,326 | €8,460 | -€2,866 | -25.3% |
| Other tangible fixed assets | 26 | - | €383,925 | +€383,925 | |
| Current assets | 29/58 | €196,377 | €111,953 | -€84,424 | -43.0% |
| Amounts receivable within one year | 40/41 | - | €14,472 | +€14,472 | |
| Other amounts receivable | 41 | - | €14,472 | +€14,472 | |
| Cash at bank and in hand | 54/58 | €193,836 | €79,601 | -€114,234 | -58.9% |
| Deferred charges and accrued income | 490/1 | €2,541 | €17,879 | +€15,338 | +604% |
| Total equity and liabilities | 10/49 | €216,810 | €511,245 | +€294,434 | +136% |
| Equity | 10/15 | €199,191 | €287,460 | +€88,269 | +44.3% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €199,091 | €287,360 | +€88,269 | +44.3% |
| Distributable reserves | 133 | €199,091 | €287,360 | +€88,269 | +44.3% |
| Amounts payable | 17/49 | €17,620 | €223,785 | +€206,165 | +1,170% |
| Amounts payable after more than one year | 17 | - | €200,000 | +€200,000 | |
| Financial debts | 170/4 | - | €200,000 | +€200,000 | |
| Amounts payable within one year | 42/48 | €16,596 | €9,985 | -€6,610 | -39.8% |
| Trade debts | 44 | €6,822 | €3,269 | -€3,553 | -52.1% |
| Suppliers | 440/4 | €6,822 | €3,269 | -€3,553 | -52.1% |
| Taxes, remuneration and social security | 45 | €3,021 | €5,050 | +€2,029 | +67.1% |
| Taxes | 450/3 | €3,021 | €5,050 | +€2,029 | +67.1% |
| Other amounts payable | 47/48 | €6,752 | €1,666 | -€5,086 | -75.3% |
| Accrued charges and deferred income | 492/3 | €1,024 | €13,799 | +€12,775 | +1,248% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,196 | €87,324 | +€81,128 | +1,309% |
| Other operating charges | 640/8 | €2,184 | €1,190 | -€994 | -45.5% |
| Gross operating margin | 9900 | €271,737 | €193,689 | -€78,049 | -28.7% |
| Operating profit (loss) | 9901 | €263,356 | €105,174 | -€158,182 | -60.1% |
| Financial income | 75/76B | €71 | €26 | -€45 | -63.6% |
| Recurring financial income | 75 | €71 | €26 | -€45 | -63.6% |
| Financial charges | 65/66B | €847 | €1,135 | +€288 | +33.9% |
| Recurring financial charges | 65 | €847 | €1,135 | +€288 | +33.9% |
| Profit (loss) for the period before taxes | 9903 | €262,580 | €104,065 | -€158,515 | -60.4% |
| Income taxes | 67/77 | €61,771 | €14,130 | -€47,642 | -77.1% |
| Profit (loss) for the period | 9904 | €200,809 | €89,935 | -€110,873 | -55.2% |
| Profit (loss) for the period to be appropriated | 9905 | €200,809 | €89,935 | -€110,873 | -55.2% |
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 24 October 2026 via checked.be.