A. VAN dEN CLOOT: 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.
A. VAN dEN CLOOT
Largest movements
- Tangible fixed assets -€33,110
down €33,110 (-9.3%), from €354,295 to €321,185
of which Land and buildings: -€31,894
- Cash -€20,611
down €20,611 (-26.9%), from €76,666 to €56,056
mainly Contributions, distributions and other (-€121,750) and Debts after one year (-€32,906)
- Current investments +€10,000
up €10,000 (+2.9%), from €350,000 to €360,000
- Reserves -€35,339
down €35,339 (-7.7%), from €461,670 to €426,332
of which Distributable reserves: -€35,339
- Debts after one year -€32,906
down €32,906 (-22.5%), from €146,432 to €113,527
- Other debts +€31,929
up €31,929 (+29.6%), from €108,011 to €139,940
- Gross operating margin -€14,336
down €14,336 (-7.9%), from €181,586 to €167,250
- Taxes -€4,454
down €4,454 (-9.3%), from €47,867 to €43,412
- Financial income -€2,739
down €2,739 (-37.7%), from €7,269 to €4,530
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 | €783,242 | €748,167 | -€35,075 | -4.5% |
| Fixed assets | 21/28 | €354,295 | €321,185 | -€33,110 | -9.3% |
| Tangible fixed assets | 22/27 | €354,295 | €321,185 | -€33,110 | -9.3% |
| Land and buildings | 22 | €351,098 | €319,205 | -€31,894 | -9.1% |
| Furniture and vehicles | 24 | €3,197 | €1,980 | -€1,217 | -38.1% |
| Current assets | 29/58 | €428,947 | €426,982 | -€1,965 | -0.5% |
| Amounts receivable within one year | 40/41 | - | €7,287 | +€7,287 | |
| Trade receivables | 40 | - | €6,855 | +€6,855 | |
| Other amounts receivable | 41 | - | €432 | +€432 | |
| Current investments | 50/53 | €350,000 | €360,000 | +€10,000 | +2.9% |
| Cash at bank and in hand | 54/58 | €76,666 | €56,056 | -€20,611 | -26.9% |
| Deferred charges and accrued income | 490/1 | €2,281 | €3,640 | +€1,359 | +59.6% |
| Total equity and liabilities | 10/49 | €783,242 | €748,167 | -€35,075 | -4.5% |
| Equity | 10/15 | €481,248 | €445,910 | -€35,339 | -7.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €461,670 | €426,332 | -€35,339 | -7.7% |
| Tax-exempt reserves | 132 | €165 | €165 | = | 0.0% |
| Distributable reserves | 133 | €461,506 | €426,167 | -€35,339 | -7.7% |
| Profit (loss) carried forward | 14 | €978 | €978 | = | 0.0% |
| Amounts payable | 17/49 | €301,994 | €302,257 | +€263 | +0.1% |
| Amounts payable after more than one year | 17 | €146,432 | €113,527 | -€32,906 | -22.5% |
| Financial debts | 170/4 | €146,432 | €113,527 | -€32,906 | -22.5% |
| Amounts payable within one year | 42/48 | €153,737 | €188,731 | +€34,994 | +22.8% |
| Current portion of amounts payable after more than one year | 42 | €32,255 | €32,906 | +€651 | +2.0% |
| Trade debts | 44 | - | €511 | +€511 | |
| Suppliers | 440/4 | - | €511 | +€511 | |
| Taxes, remuneration and social security | 45 | €13,471 | €15,374 | +€1,904 | +14.1% |
| Taxes | 450/3 | €13,471 | €15,374 | +€1,904 | +14.1% |
| Other amounts payable | 47/48 | €108,011 | €139,940 | +€31,929 | +29.6% |
| Accrued charges and deferred income | 492/3 | €1,825 | - | -€1,825 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,210 | €33,110 | -€100 | -0.3% |
| Other operating charges | 640/8 | €5,474 | €5,703 | +€229 | +4.2% |
| Gross operating margin | 9900 | €181,586 | €167,250 | -€14,336 | -7.9% |
| Operating profit (loss) | 9901 | €142,902 | €128,437 | -€14,465 | -10.1% |
| Financial income | 75/76B | €7,269 | €4,530 | -€2,739 | -37.7% |
| Recurring financial income | 75 | €7,269 | €4,530 | -€2,739 | -37.7% |
| Financial charges | 65/66B | €4,159 | €3,144 | -€1,015 | -24.4% |
| Recurring financial charges | 65 | €4,159 | €3,144 | -€1,015 | -24.4% |
| Profit (loss) for the period before taxes | 9903 | €146,012 | €129,824 | -€16,189 | -11.1% |
| Income taxes | 67/77 | €47,867 | €43,412 | -€4,454 | -9.3% |
| Profit (loss) for the period | 9904 | €98,146 | €86,411 | -€11,734 | -12.0% |
| Profit (loss) for the period to be appropriated | 9905 | €98,146 | €86,411 | -€11,734 | -12.0% |
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 29 October 2026 via checked.be.