BOB VAN DE VOORDE: what changed
BOB VAN DE VOORDE
Largest movements
- Cash -€50,381
down €50,381 (-46.1%), from €109,284 to €58,903
mainly Other debts (-€50,384) and Investment in fixed assets (net) (-€38,924)
- Receivables within one year -€21,442
down €21,442 (-58.9%), from €36,428 to €14,987
of which Trade receivables: -€17,705
- Tangible fixed assets +€21,333
up €21,333 (+59.0%), from €36,138 to €57,471
of which Furniture and vehicles: +€13,601
- Deferred charges and accrued income -€4,224
down €4,224 (-60.2%), from €7,020 to €2,797
- Other debts -€50,384
down €50,384 (-100%), from €50,384 to €0
- Reserves +€21,922
up €21,922 (+34.6%), from €63,432 to €85,354
- Tax, wage and social debts -€15,269
down €15,269 (-53.9%), from €28,320 to €13,051
- Debts after one year -€8,030
down €8,030 (-62.4%), from €12,864 to €4,834
- Gross operating margin +€14,986
up €14,986 (+39.7%), from €37,709 to €52,695
- Taxes +€5,902
up €5,902 (+107%), from €5,492 to €11,394
- Depreciation +€3,386
up €3,386 (+23.8%), from €14,205 to €17,591
- Financial charges -€2,640
down €2,640 (-74.2%), from €3,560 to €920
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 | €188,871 | €134,157 | -€54,714 | -29.0% |
| Fixed assets | 21/28 | €36,138 | €57,471 | +€21,333 | +59.0% |
| Tangible fixed assets | 22/27 | €36,138 | €57,471 | +€21,333 | +59.0% |
| Plant, machinery and equipment | 23 | - | €2,237 | +€2,237 | |
| Furniture and vehicles | 24 | €36,138 | €49,739 | +€13,601 | +37.6% |
| Other tangible fixed assets | 26 | - | €5,495 | +€5,495 | |
| Current assets | 29/58 | €152,733 | €76,686 | -€76,047 | -49.8% |
| Amounts receivable within one year | 40/41 | €36,428 | €14,987 | -€21,442 | -58.9% |
| Trade receivables | 40 | €27,044 | €9,338 | -€17,705 | -65.5% |
| Other amounts receivable | 41 | €9,385 | €5,648 | -€3,736 | -39.8% |
| Cash at bank and in hand | 54/58 | €109,284 | €58,903 | -€50,381 | -46.1% |
| Deferred charges and accrued income | 490/1 | €7,020 | €2,797 | -€4,224 | -60.2% |
| Total equity and liabilities | 10/49 | €188,871 | €134,157 | -€54,714 | -29.0% |
| Equity | 10/15 | €82,032 | €103,954 | +€21,922 | +26.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €63,432 | €85,354 | +€21,922 | +34.6% |
| Distributable reserves | 133 | €63,432 | €85,354 | +€21,922 | +34.6% |
| Profit (loss) carried forward | 14 | €0 | -€0 | -€0 | |
| Amounts payable | 17/49 | €106,839 | €30,204 | -€76,636 | -71.7% |
| Amounts payable after more than one year | 17 | €12,864 | €4,834 | -€8,030 | -62.4% |
| Financial debts | 170/4 | €12,864 | €4,834 | -€8,030 | -62.4% |
| Amounts payable within one year | 42/48 | €91,925 | €25,132 | -€66,793 | -72.7% |
| Current portion of amounts payable after more than one year | 42 | €7,715 | €8,030 | +€314 | +4.1% |
| Financial debts | 43 | €18 | €22 | +€4 | +19.6% |
| Credit institutions | 430/8 | €18 | €22 | +€4 | +19.6% |
| Trade debts | 44 | €5,487 | €4,029 | -€1,458 | -26.6% |
| Suppliers | 440/4 | €5,487 | €4,029 | -€1,458 | -26.6% |
| Taxes, remuneration and social security | 45 | €28,320 | €13,051 | -€15,269 | -53.9% |
| Taxes | 450/3 | €28,320 | €13,051 | -€15,269 | -53.9% |
| Other amounts payable | 47/48 | €50,384 | €0 | -€50,384 | -100% |
| Accrued charges and deferred income | 492/3 | €2,050 | €237 | -€1,813 | -88.4% |
| Non-recurring operating income | 76A | €6,325 | €500 | -€5,825 | -92.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,205 | €17,591 | +€3,386 | +23.8% |
| Other operating charges | 640/8 | €880 | €1,029 | +€149 | +17.0% |
| Gross operating margin | 9900 | €37,709 | €52,695 | +€14,986 | +39.7% |
| Operating profit (loss) | 9901 | €22,624 | €34,074 | +€11,451 | +50.6% |
| Financial income | 75/76B | €25 | €161 | +€136 | +541% |
| Recurring financial income | 75 | €25 | €161 | +€136 | +541% |
| Financial charges | 65/66B | €3,560 | €920 | -€2,640 | -74.2% |
| Recurring financial charges | 65 | €3,560 | €920 | -€2,640 | -74.2% |
| Profit (loss) for the period before taxes | 9903 | €19,089 | €33,316 | +€14,227 | +74.5% |
| Income taxes | 67/77 | €5,492 | €11,394 | +€5,902 | +107% |
| Profit (loss) for the period | 9904 | €13,597 | €21,922 | +€8,325 | +61.2% |
| Profit (loss) for the period to be appropriated | 9905 | €13,597 | €21,922 | +€8,325 | +61.2% |
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 6 November 2026 via checked.be.