Vuurzout: 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.
Vuurzout
Largest movements
- Tangible fixed assets -€29,897
down €29,897 (-17.6%), from €169,978 to €140,081
of which Other tangible fixed assets: -€17,175
- Receivables within one year +€11,420
up €11,420 (+40.0%), from €28,541 to €39,962
- Cash -€6,723
no longer reported in 2025 (was €6,723)
mainly Debts after one year (-€33,081) and Other debts (-€18,152)
- Debts after one year -€33,081
down €33,081 (-29.7%), from €111,279 to €78,198
- Other debts -€18,152
down €18,152 (-66.5%), from €27,308 to €9,156
- Profit (loss) carried forward +€15,532
new in 2025: €15,532
- Short-term financial debts +€12,665
new in 2025: €12,665
- Trade debts -€7,427
down €7,427 (-65.7%), from €11,311 to €3,883
- Gross operating margin +€8,358
up €8,358 (+17.3%), from €48,425 to €56,783
- Other operating charges -€2,543
down €2,543 (-93.2%), from €2,728 to €185
- Taxes +€2,349
up €2,349 (+36.7%), from €6,395 to €8,744
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 | €206,368 | €181,773 | -€24,596 | -11.9% |
| Fixed assets | 21/28 | €169,978 | €140,081 | -€29,897 | -17.6% |
| Tangible fixed assets | 22/27 | €169,978 | €140,081 | -€29,897 | -17.6% |
| Land and buildings | 22 | €17,540 | €16,802 | -€738 | -4.2% |
| Plant, machinery and equipment | 23 | €12,923 | €9,318 | -€3,605 | -27.9% |
| Furniture and vehicles | 24 | €13,133 | €4,755 | -€8,378 | -63.8% |
| Other tangible fixed assets | 26 | €126,382 | €109,206 | -€17,175 | -13.6% |
| Current assets | 29/58 | €36,390 | €41,692 | +€5,302 | +14.6% |
| Stocks and contracts in progress | 3 | €1,125 | €1,575 | +€450 | +40.0% |
| Stocks | 30/36 | €1,125 | €1,575 | +€450 | +40.0% |
| Amounts receivable within one year | 40/41 | €28,541 | €39,962 | +€11,420 | +40.0% |
| Other amounts receivable | 41 | €28,541 | €39,962 | +€11,420 | +40.0% |
| Cash at bank and in hand | 54/58 | €6,723 | - | -€6,723 | |
| Deferred charges and accrued income | 490/1 | - | €155 | +€155 | |
| Total equity and liabilities | 10/49 | €206,368 | €181,773 | -€24,596 | -11.9% |
| Equity | 10/15 | €37,423 | €52,955 | +€15,532 | +41.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €35,423 | €35,423 | = | 0.0% |
| Distributable reserves | 133 | €35,423 | €35,423 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €15,532 | +€15,532 | |
| Amounts payable | 17/49 | €168,945 | €128,818 | -€40,127 | -23.8% |
| Amounts payable after more than one year | 17 | €111,279 | €78,198 | -€33,081 | -29.7% |
| Financial debts | 170/4 | €111,279 | €78,198 | -€33,081 | -29.7% |
| Amounts payable within one year | 42/48 | €57,666 | €46,948 | -€10,718 | -18.6% |
| Financial debts | 43 | - | €12,665 | +€12,665 | |
| Credit institutions | 430/8 | - | €12,665 | +€12,665 | |
| Trade debts | 44 | €11,311 | €3,883 | -€7,427 | -65.7% |
| Suppliers | 440/4 | €11,311 | €3,883 | -€7,427 | -65.7% |
| Taxes, remuneration and social security | 45 | €19,048 | €21,244 | +€2,196 | +11.5% |
| Taxes | 450/3 | €19,048 | €21,244 | +€2,196 | +11.5% |
| Other amounts payable | 47/48 | €27,308 | €9,156 | -€18,152 | -66.5% |
| Accrued charges and deferred income | 492/3 | - | €3,671 | +€3,671 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,798 | €24,738 | -€60 | -0.2% |
| Other operating charges | 640/8 | €2,728 | €185 | -€2,543 | -93.2% |
| Non-recurring operating charges | 66A | - | €5,159 | +€5,159 | |
| Gross operating margin | 9900 | €48,425 | €56,783 | +€8,358 | +17.3% |
| Operating profit (loss) | 9901 | €20,899 | €26,701 | +€5,801 | +27.8% |
| Financial income | 75/76B | €144 | €590 | +€446 | +310% |
| Recurring financial income | 75 | €144 | €590 | +€446 | +310% |
| Financial charges | 65/66B | €3,041 | €3,015 | -€26 | -0.9% |
| Recurring financial charges | 65 | €3,041 | €3,015 | -€26 | -0.9% |
| Profit (loss) for the period before taxes | 9903 | €18,002 | €24,276 | +€6,273 | +34.8% |
| Income taxes | 67/77 | €6,395 | €8,744 | +€2,349 | +36.7% |
| Profit (loss) for the period | 9904 | €11,607 | €15,532 | +€3,925 | +33.8% |
| Profit (loss) for the period to be appropriated | 9905 | €11,607 | €15,532 | +€3,925 | +33.8% |
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 19 October 2026 via checked.be.