BEN VAN DUYSE: what changed
BEN VAN DUYSE
Largest movements
- Tangible fixed assets +€52,484
up €52,484 (+803%), from €6,532 to €59,016
of which Plant, machinery and equipment: +€44,442
- Cash -€21,711
down €21,711 (-63.3%), from €34,325 to €12,614
mainly Investment in fixed assets (net) (-€59,335) and Receivables within one year (-€19,275)
- Receivables within one year +€19,275
up €19,275 (+743%), from €2,596 to €21,871
of which Trade receivables: +€15,336
- Deferred charges and accrued income +€2,270
up €2,270 (+146%), from €1,558 to €3,829
- Debts after one year +€29,329
new in 2025: €29,329
- Other debts +€12,298
up €12,298 (+72.5%), from €16,956 to €29,254
- Current portion of long-term debt +€8,077
new in 2025: €8,077
- Tax, wage and social debts +€2,673
up €2,673 (+67.7%), from €3,950 to €6,622
- Trade debts -€1,748
down €1,748 (-21.6%), from €8,082 to €6,335
- Depreciation +€5,199
up €5,199 (+315%), from €1,653 to €6,851
- Gross operating margin -€4,938
down €4,938 (-32.1%), from €15,404 to €10,466
- Taxes -€2,612
down €2,612 (-100%), from €2,612 to €0
- Financial charges +€2,054
up €2,054 (+343%), from €600 to €2,654
- Staff costs +€177
new in 2025: €177
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €45,011 | €97,330 | +€52,318 | +116% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €6,532 | €59,016 | +€52,484 | +803% |
| Tangible fixed assets | 22/27 | €6,532 | €59,016 | +€52,484 | +803% |
| Plant, machinery and equipment | 23 | €6,532 | €50,975 | +€44,442 | +680% |
| Furniture and vehicles | 24 | - | €8,041 | +€8,041 | |
| Current assets | 29/58 | €38,479 | €38,314 | -€165 | -0.4% |
| Amounts receivable within one year | 40/41 | €2,596 | €21,871 | +€19,275 | +743% |
| Trade receivables | 40 | €2,462 | €17,798 | +€15,336 | +623% |
| Other amounts receivable | 41 | €133 | €4,073 | +€3,939 | +2,955% |
| Cash at bank and in hand | 54/58 | €34,325 | €12,614 | -€21,711 | -63.3% |
| Deferred charges and accrued income | 490/1 | €1,558 | €3,829 | +€2,270 | +146% |
| Total equity and liabilities | 10/49 | €45,011 | €97,330 | +€52,318 | +116% |
| Equity | 10/15 | €15,540 | €16,241 | +€701 | +4.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €10,540 | €11,241 | +€701 | +6.7% |
| Distributable reserves | 133 | €10,540 | €11,241 | +€701 | +6.7% |
| Amounts payable | 17/49 | €29,471 | €81,089 | +€51,617 | +175% |
| Amounts payable after more than one year | 17 | - | €29,329 | +€29,329 | |
| Financial debts | 170/4 | - | €29,329 | +€29,329 | |
| Amounts payable within one year | 42/48 | €28,988 | €50,288 | +€21,300 | +73.5% |
| Current portion of amounts payable after more than one year | 42 | - | €8,077 | +€8,077 | |
| Trade debts | 44 | €8,082 | €6,335 | -€1,748 | -21.6% |
| Suppliers | 440/4 | €8,082 | €6,335 | -€1,748 | -21.6% |
| Taxes, remuneration and social security | 45 | €3,950 | €6,622 | +€2,673 | +67.7% |
| Taxes | 450/3 | €3,950 | €6,622 | +€2,673 | +67.7% |
| Other amounts payable | 47/48 | €16,956 | €29,254 | +€12,298 | +72.5% |
| Accrued charges and deferred income | 492/3 | €484 | €1,472 | +€988 | +204% |
| Remuneration, social security and pensions | 62 | - | €177 | +€177 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,653 | €6,851 | +€5,199 | +315% |
| Other operating charges | 640/8 | - | €82 | +€82 | |
| Gross operating margin | 9900 | €15,404 | €10,466 | -€4,938 | -32.1% |
| Operating profit (loss) | 9901 | €13,752 | €3,355 | -€10,396 | -75.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €600 | €2,654 | +€2,054 | +343% |
| Recurring financial charges | 65 | €600 | €2,654 | +€2,054 | +343% |
| Profit (loss) for the period before taxes | 9903 | €13,152 | €701 | -€12,451 | -94.7% |
| Income taxes | 67/77 | €2,612 | €0 | -€2,612 | -100% |
| Profit (loss) for the period | 9904 | €10,540 | €701 | -€9,839 | -93.3% |
| Profit (loss) for the period to be appropriated | 9905 | €10,540 | €701 | -€9,839 | -93.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.