De Oude Vaart: 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.
De Oude Vaart
Largest movements
- Cash -€26,681
down €26,681 (-73.9%), from €36,094 to €9,413
mainly Investment in fixed assets (net) (-€26,631) and Stocks and contracts (-€1,706)
- Financial fixed assets +€25,000
new in 2025: €25,000
- Stocks and contracts +€1,706
up €1,706 (+73.6%), from €2,319 to €4,025
- Tangible fixed assets -€1,494
down €1,494 (-12.5%), from €11,977 to €10,483
- Receivables within one year +€714
up €714 (+47.4%), from €1,506 to €2,220
- Reserves -€767
down €767 (-1.7%), from €45,701 to €44,934
- Gross operating margin +€16,267
up €16,267, from -€13,035 to €3,232
- Depreciation +€520
up €520 (+20.0%), from €2,605 to €3,125
- Financial income -€325
down €325 (-78.1%), from €417 to €91
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 | €52,397 | €51,628 | -€770 | -1.5% |
| Fixed assets | 21/28 | €11,977 | €35,483 | +€23,506 | +196% |
| Tangible fixed assets | 22/27 | €11,977 | €10,483 | -€1,494 | -12.5% |
| Furniture and vehicles | 24 | €11,977 | €10,483 | -€1,494 | -12.5% |
| Financial fixed assets | 28 | - | €25,000 | +€25,000 | |
| Current assets | 29/58 | €40,420 | €16,145 | -€24,276 | -60.1% |
| Stocks and contracts in progress | 3 | €2,319 | €4,025 | +€1,706 | +73.6% |
| Stocks | 30/36 | €2,319 | €4,025 | +€1,706 | +73.6% |
| Amounts receivable within one year | 40/41 | €1,506 | €2,220 | +€714 | +47.4% |
| Other amounts receivable | 41 | €1,506 | €2,220 | +€714 | +47.4% |
| Cash at bank and in hand | 54/58 | €36,094 | €9,413 | -€26,681 | -73.9% |
| Deferred charges and accrued income | 490/1 | €502 | €486 | -€15 | -3.1% |
| Total equity and liabilities | 10/49 | €52,397 | €51,628 | -€770 | -1.5% |
| Equity | 10/15 | €51,901 | €51,134 | -€767 | -1.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €45,701 | €44,934 | -€767 | -1.7% |
| Distributable reserves | 133 | €45,701 | €44,934 | -€767 | -1.7% |
| Amounts payable | 17/49 | €497 | €494 | -€3 | -0.6% |
| Amounts payable within one year | 42/48 | €491 | €494 | +€3 | +0.6% |
| Trade debts | 44 | €72 | €243 | +€171 | +239% |
| Suppliers | 440/4 | €72 | €243 | +€171 | +239% |
| Taxes, remuneration and social security | 45 | €419 | €251 | -€168 | -40.1% |
| Taxes | 450/3 | €419 | €251 | -€168 | -40.1% |
| Accrued charges and deferred income | 492/3 | €6 | - | -€6 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,605 | €3,125 | +€520 | +20.0% |
| Other operating charges | 640/8 | €693 | €823 | +€130 | +18.8% |
| Gross operating margin | 9900 | -€13,035 | €3,232 | +€16,267 | |
| Operating profit (loss) | 9901 | -€16,333 | -€716 | +€15,617 | +95.6% |
| Financial income | 75/76B | €417 | €91 | -€325 | -78.1% |
| Recurring financial income | 75 | €417 | €91 | -€325 | -78.1% |
| Financial charges | 65/66B | €124 | €142 | +€18 | +14.2% |
| Recurring financial charges | 65 | €124 | €142 | +€18 | +14.2% |
| Profit (loss) for the period before taxes | 9903 | -€16,041 | -€767 | +€15,274 | +95.2% |
| Profit (loss) for the period | 9904 | -€16,041 | -€767 | +€15,274 | +95.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,041 | -€767 | +€15,274 | +95.2% |
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 28 October 2026 via checked.be.