VUYLSTEKE A & A: 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.
VUYLSTEKE A & A
Largest movements
- Tangible fixed assets +€14,170
up €14,170 (+172%), from €8,220 to €22,390
of which Furniture and vehicles: +€14,281
- Receivables within one year +€4,971
up €4,971 (+4.2%), from €119,682 to €124,653
of which Other amounts receivable: +€10,537
- Cash +€4,407
up €4,407 (+27.7%), from €15,923 to €20,330
mainly Debts after one year (+€10,686) and Trade debts (+€7,886)
- Debts after one year +€10,686
new in 2025: €10,686
- Trade debts +€7,886
up €7,886 (+23.7%), from €33,254 to €41,140
- Current portion of long-term debt +€4,503
new in 2025: €4,503
- Gross operating margin +€4,650
up €4,650 (+209%), from €2,225 to €6,875
- Depreciation +€3,210
up €3,210 (+124%), from €2,592 to €5,803
- Financial charges +€449
up €449 (+323%), from €139 to €588
- Taxes +€151
up €151 (+3,027%), from €5 to €156
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 | €143,825 | €167,374 | +€23,548 | +16.4% |
| Fixed assets | 21/28 | €8,220 | €22,390 | +€14,170 | +172% |
| Tangible fixed assets | 22/27 | €8,220 | €22,390 | +€14,170 | +172% |
| Plant, machinery and equipment | 23 | €5,697 | €5,586 | -€111 | -2.0% |
| Furniture and vehicles | 24 | €2,523 | €16,805 | +€14,281 | +566% |
| Current assets | 29/58 | €135,605 | €144,983 | +€9,378 | +6.9% |
| Amounts receivable within one year | 40/41 | €119,682 | €124,653 | +€4,971 | +4.2% |
| Trade receivables | 40 | €12,046 | €6,480 | -€5,566 | -46.2% |
| Other amounts receivable | 41 | €107,636 | €118,173 | +€10,537 | +9.8% |
| Cash at bank and in hand | 54/58 | €15,923 | €20,330 | +€4,407 | +27.7% |
| Total equity and liabilities | 10/49 | €143,825 | €167,374 | +€23,548 | +16.4% |
| Equity | 10/15 | €104,346 | €103,695 | -€651 | -0.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €85,746 | €85,095 | -€651 | -0.8% |
| Distributable reserves | 133 | €85,746 | €85,095 | -€651 | -0.8% |
| Amounts payable | 17/49 | €39,479 | €63,678 | +€24,199 | +61.3% |
| Amounts payable after more than one year | 17 | - | €10,686 | +€10,686 | |
| Financial debts | 170/4 | - | €10,686 | +€10,686 | |
| Amounts payable within one year | 42/48 | €39,246 | €52,992 | +€13,745 | +35.0% |
| Current portion of amounts payable after more than one year | 42 | - | €4,503 | +€4,503 | |
| Financial debts | 43 | €4,000 | €5,000 | +€1,000 | +25.0% |
| Credit institutions | 430/8 | €4,000 | €5,000 | +€1,000 | +25.0% |
| Trade debts | 44 | €33,254 | €41,140 | +€7,886 | +23.7% |
| Suppliers | 440/4 | €33,254 | €41,140 | +€7,886 | +23.7% |
| Taxes, remuneration and social security | 45 | €1,992 | €2,348 | +€356 | +17.9% |
| Taxes | 450/3 | €1,992 | €2,348 | +€356 | +17.9% |
| Accrued charges and deferred income | 492/3 | €233 | - | -€233 | |
| Non-recurring operating income | 76A | - | €85 | +€85 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,592 | €5,803 | +€3,210 | +124% |
| Other operating charges | 640/8 | €745 | €755 | +€9 | +1.2% |
| Non-recurring operating charges | 66A | €55 | €226 | +€171 | +310% |
| Gross operating margin | 9900 | €2,225 | €6,875 | +€4,650 | +209% |
| Operating profit (loss) | 9901 | -€1,167 | €92 | +€1,259 | |
| Financial income | 75/76B | €1 | €1 | +€1 | +66.7% |
| Recurring financial income | 75 | €1 | €1 | +€1 | +66.7% |
| Financial charges | 65/66B | €139 | €588 | +€449 | +323% |
| Recurring financial charges | 65 | €139 | €588 | +€449 | +323% |
| Profit (loss) for the period before taxes | 9903 | -€1,305 | -€494 | +€811 | +62.1% |
| Income taxes | 67/77 | €5 | €156 | +€151 | +3,027% |
| Profit (loss) for the period | 9904 | -€1,310 | -€651 | +€660 | +50.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,310 | -€651 | +€660 | +50.3% |
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.