Bouwonderneming De Picker – VDS: what changed
“Bouwonderneming De Picker – VDS”
Largest movements
- Cash -€57,599
down €57,599 (-94.4%), from €61,001 to €3,402
mainly Trade debts (-€50,578) and Receivables after one year (-€25,000)
- Receivables after one year +€25,000
new in 2025: €25,000
- Receivables within one year -€17,285
down €17,285 (-27.5%), from €62,860 to €45,576
of which Trade receivables: -€27,848
- Tangible fixed assets -€13,581
down €13,581 (-27.9%), from €48,678 to €35,096
of which Leasing and similar rights: -€10,500
- Trade debts -€50,578
down €50,578 (-95.5%), from €52,935 to €2,357
- Other debts -€22,330
down €22,330 (-93.5%), from €23,882 to €1,553
- Reserves +€16,202
up €16,202 (+34.5%), from €46,919 to €63,121
- Debts after one year -€8,548
down €8,548 (-30.1%), from €28,395 to €19,847
- Tax, wage and social debts +€1,789
up €1,789 (+20.2%), from €8,860 to €10,649
of which Taxes: +€4,923
- Taxes +€7,647
up €7,647 (+555%), from €1,377 to €9,023
- Staff costs +€5,158
up €5,158 (+11.7%), from €44,002 to €49,160
- Other operating charges -€4,899
down €4,899 (-87.2%), from €5,618 to €719
- Financial income +€1,216
up €1,216 (+5,622%), from €22 to €1,237
- Gross operating margin -€1,182
down €1,182 (-1.3%), from €91,104 to €89,922
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 | €172,539 | €109,074 | -€63,465 | -36.8% |
| Fixed assets | 21/28 | €48,678 | €35,096 | -€13,581 | -27.9% |
| Tangible fixed assets | 22/27 | €48,678 | €35,096 | -€13,581 | -27.9% |
| Plant, machinery and equipment | 23 | €7,553 | €4,471 | -€3,081 | -40.8% |
| Leasing and similar rights | 25 | €41,125 | €30,625 | -€10,500 | -25.5% |
| Current assets | 29/58 | €123,861 | €73,978 | -€49,884 | -40.3% |
| Amounts receivable after more than one year | 29 | - | €25,000 | +€25,000 | |
| Other amounts receivable | 291 | - | €25,000 | +€25,000 | |
| Amounts receivable within one year | 40/41 | €62,860 | €45,576 | -€17,285 | -27.5% |
| Trade receivables | 40 | €54,070 | €26,223 | -€27,848 | -51.5% |
| Other amounts receivable | 41 | €8,790 | €19,353 | +€10,563 | +120% |
| Cash at bank and in hand | 54/58 | €61,001 | €3,402 | -€57,599 | -94.4% |
| Total equity and liabilities | 10/49 | €172,539 | €109,074 | -€63,465 | -36.8% |
| Equity | 10/15 | €49,919 | €66,121 | +€16,202 | +32.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €46,919 | €63,121 | +€16,202 | +34.5% |
| Distributable reserves | 133 | €46,919 | €63,121 | +€16,202 | +34.5% |
| Amounts payable | 17/49 | €122,620 | €42,953 | -€79,667 | -65.0% |
| Amounts payable after more than one year | 17 | €28,395 | €19,847 | -€8,548 | -30.1% |
| Financial debts | 170/4 | €28,395 | €19,847 | -€8,548 | -30.1% |
| Amounts payable within one year | 42/48 | €94,225 | €23,106 | -€71,119 | -75.5% |
| Current portion of amounts payable after more than one year | 42 | €8,548 | €8,548 | = | 0.0% |
| Trade debts | 44 | €52,935 | €2,357 | -€50,578 | -95.5% |
| Suppliers | 440/4 | €52,935 | €2,357 | -€50,578 | -95.5% |
| Taxes, remuneration and social security | 45 | €8,860 | €10,649 | +€1,789 | +20.2% |
| Taxes | 450/3 | €4,357 | €9,280 | +€4,923 | +113% |
| Remuneration and social security | 454/9 | €4,503 | €1,368 | -€3,134 | -69.6% |
| Other amounts payable | 47/48 | €23,882 | €1,553 | -€22,330 | -93.5% |
| Remuneration, social security and pensions | 62 | €44,002 | €49,160 | +€5,158 | +11.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,581 | €13,581 | = | 0.0% |
| Other operating charges | 640/8 | €5,618 | €719 | -€4,899 | -87.2% |
| Gross operating margin | 9900 | €91,104 | €89,922 | -€1,182 | -1.3% |
| Operating profit (loss) | 9901 | €27,903 | €26,462 | -€1,441 | -5.2% |
| Financial income | 75/76B | €22 | €1,237 | +€1,216 | +5,622% |
| Recurring financial income | 75 | €22 | €1,237 | +€1,216 | +5,622% |
| Financial charges | 65/66B | €2,633 | €2,474 | -€160 | -6.1% |
| Recurring financial charges | 65 | €2,633 | €2,474 | -€160 | -6.1% |
| Profit (loss) for the period before taxes | 9903 | €25,291 | €25,225 | -€66 | -0.3% |
| Income taxes | 67/77 | €1,377 | €9,023 | +€7,647 | +555% |
| Profit (loss) for the period | 9904 | €23,914 | €16,202 | -€7,712 | -32.2% |
| Profit (loss) for the period to be appropriated | 9905 | €23,914 | €16,202 | -€7,712 | -32.2% |
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 3 November 2026 via checked.be.