De Cuyper - Van Assche: what changed
De Cuyper - Van Assche
Largest movements
- Current investments -€123,328
down €123,328 (-96.4%), from €127,912 to €4,584
- Receivables within one year -€37,875
down €37,875 (-60.7%), from €62,431 to €24,557
of which Other amounts receivable: -€38,572
- Cash -€27,451
down €27,451 (-34.3%), from €80,107 to €52,656
mainly Contributions, distributions and other (-€307,823) and Debts after one year (-€20,000)
- Tangible fixed assets -€20,061
down €20,061 (-7.6%), from €265,459 to €245,398
of which Land and buildings: -€11,295
- Reserves -€275,210
down €275,210 (-68.4%), from €402,600 to €127,390
- Other debts +€83,031
up €83,031 (+3,662%), from €2,267 to €85,298
- Debts after one year -€20,000
down €20,000 (-40.0%), from €49,999 to €29,999
- Gross operating margin +€6,905
up €6,905 (+8.1%), from €85,389 to €92,294
- Financial income -€3,800
down €3,800 (-58.6%), from €6,480 to €2,680
- Financial charges +€1,959
up €1,959 (+44.7%), from €4,384 to €6,343
- Other operating charges +€940
up €940 (+15.6%), from €6,020 to €6,960
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 | €710,067 | €495,114 | -€214,953 | -30.3% |
| Fixed assets | 21/28 | €431,016 | €410,956 | -€20,061 | -4.7% |
| Tangible fixed assets | 22/27 | €265,459 | €245,398 | -€20,061 | -7.6% |
| Land and buildings | 22 | €205,866 | €194,571 | -€11,295 | -5.5% |
| Plant, machinery and equipment | 23 | €2,426 | €1,572 | -€853 | -35.2% |
| Other tangible fixed assets | 26 | €57,167 | €49,255 | -€7,912 | -13.8% |
| Financial fixed assets | 28 | €165,557 | €165,557 | = | 0.0% |
| Current assets | 29/58 | €279,050 | €84,158 | -€194,892 | -69.8% |
| Amounts receivable within one year | 40/41 | €62,431 | €24,557 | -€37,875 | -60.7% |
| Trade receivables | 40 | €22,831 | €23,528 | +€697 | +3.1% |
| Other amounts receivable | 41 | €39,601 | €1,029 | -€38,572 | -97.4% |
| Current investments | 50/53 | €127,912 | €4,584 | -€123,328 | -96.4% |
| Cash at bank and in hand | 54/58 | €80,107 | €52,656 | -€27,451 | -34.3% |
| Deferred charges and accrued income | 490/1 | €8,599 | €2,361 | -€6,238 | -72.5% |
| Total equity and liabilities | 10/49 | €710,067 | €495,114 | -€214,953 | -30.3% |
| Equity | 10/15 | €622,600 | €347,390 | -€275,210 | -44.2% |
| Contributions | 10/11 | €220,000 | €220,000 | = | 0.0% |
| Reserves | 13 | €402,600 | €127,390 | -€275,210 | -68.4% |
| Distributable reserves | 133 | €402,600 | €127,390 | -€275,210 | -68.4% |
| Amounts payable | 17/49 | €87,467 | €147,724 | +€60,257 | +68.9% |
| Amounts payable after more than one year | 17 | €49,999 | €29,999 | -€20,000 | -40.0% |
| Financial debts | 170/4 | €49,999 | €29,999 | -€20,000 | -40.0% |
| Amounts payable within one year | 42/48 | €37,467 | €115,658 | +€78,191 | +209% |
| Current portion of amounts payable after more than one year | 42 | €20,000 | €20,000 | = | 0.0% |
| Trade debts | 44 | €2,923 | €2,178 | -€746 | -25.5% |
| Suppliers | 440/4 | €2,923 | €2,178 | -€746 | -25.5% |
| Advances received on contracts in progress | 46 | €7,761 | €7,000 | -€761 | -9.8% |
| Taxes, remuneration and social security | 45 | €4,516 | €1,183 | -€3,333 | -73.8% |
| Taxes | 450/3 | €4,516 | €1,183 | -€3,333 | -73.8% |
| Other amounts payable | 47/48 | €2,267 | €85,298 | +€83,031 | +3,662% |
| Accrued charges and deferred income | 492/3 | - | €2,066 | +€2,066 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,370 | €33,741 | +€371 | +1.1% |
| Other operating charges | 640/8 | €6,020 | €6,960 | +€940 | +15.6% |
| Gross operating margin | 9900 | €85,389 | €92,294 | +€6,905 | +8.1% |
| Operating profit (loss) | 9901 | €45,999 | €51,593 | +€5,594 | +12.2% |
| Financial income | 75/76B | €6,480 | €2,680 | -€3,800 | -58.6% |
| Recurring financial income | 75 | €6,480 | €2,680 | -€3,800 | -58.6% |
| Financial charges | 65/66B | €4,384 | €6,343 | +€1,959 | +44.7% |
| Recurring financial charges | 65 | €4,384 | €6,343 | +€1,959 | +44.7% |
| Profit (loss) for the period before taxes | 9903 | €48,095 | €47,930 | -€165 | -0.3% |
| Income taxes | 67/77 | €15,776 | €15,317 | -€459 | -2.9% |
| Profit (loss) for the period | 9904 | €32,319 | €32,613 | +€294 | +0.9% |
| Profit (loss) for the period to be appropriated | 9905 | €32,319 | €32,613 | +€294 | +0.9% |
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 4 November 2026 via checked.be.