DE VELDMEERS: 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 VELDMEERS
Largest movements
- Tangible fixed assets -€24,629
down €24,629 (-34.6%), from €71,205 to €46,576
- Trade debts -€25,014
down €25,014 (-91.2%), from €27,437 to €2,423
- Other debts +€22,184
up €22,184, from €0 to €22,184
- Financial income +€17,526
up €17,526 (+1,343%), from €1,305 to €18,831
of which Non-recurring financial income: +€16,028
- Taxes +€7,229
up €7,229 (+190%), from €3,802 to €11,031
- Gross operating margin -€3,663
down €3,663 (-9.8%), from €37,403 to €33,740
- Financial charges -€517
down €517 (-14.5%), from €3,571 to €3,054
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 | €2,217,912 | €2,215,527 | -€2,385 | -0.1% |
| Fixed assets | 21/28 | €2,052,088 | €2,027,459 | -€24,629 | -1.2% |
| Tangible fixed assets | 22/27 | €71,205 | €46,576 | -€24,629 | -34.6% |
| Furniture and vehicles | 24 | €71,205 | €46,576 | -€24,629 | -34.6% |
| Financial fixed assets | 28 | €1,980,883 | €1,980,883 | = | 0.0% |
| Current assets | 29/58 | €165,824 | €188,069 | +€22,245 | +13.4% |
| Amounts receivable within one year | 40/41 | €165,219 | €173,266 | +€8,047 | +4.9% |
| Trade receivables | 40 | €43,400 | €17,314 | -€26,086 | -60.1% |
| Other amounts receivable | 41 | €121,819 | €155,952 | +€34,133 | +28.0% |
| Cash at bank and in hand | 54/58 | €605 | €14,803 | +€14,198 | +2,345% |
| Total equity and liabilities | 10/49 | €2,217,912 | €2,215,527 | -€2,385 | -0.1% |
| Equity | 10/15 | €2,115,512 | €2,126,288 | +€10,776 | +0.5% |
| Contributions | 10/11 | €2,000,000 | €2,000,000 | = | 0.0% |
| Capital | 10 | €2,000,000 | €2,000,000 | = | 0.0% |
| Issued capital | 100 | €2,000,000 | €2,000,000 | = | 0.0% |
| Reserves | 13 | €115,512 | €126,288 | +€10,776 | +9.3% |
| Non-distributable reserves | 130/1 | €7,116 | €7,665 | +€549 | +7.7% |
| Legal reserve | 130 | €7,116 | €7,665 | +€549 | +7.7% |
| Distributable reserves | 133 | €108,397 | €118,624 | +€10,227 | +9.4% |
| Amounts payable | 17/49 | €102,400 | €89,239 | -€13,161 | -12.9% |
| Amounts payable after more than one year | 17 | €46,022 | €23,939 | -€22,083 | -48.0% |
| Financial debts | 170/4 | €46,022 | €23,939 | -€22,083 | -48.0% |
| Amounts payable within one year | 42/48 | €56,378 | €65,300 | +€8,922 | +15.8% |
| Current portion of amounts payable after more than one year | 42 | €22,037 | €22,083 | +€46 | +0.2% |
| Trade debts | 44 | €27,437 | €2,423 | -€25,014 | -91.2% |
| Suppliers | 440/4 | €27,437 | €2,423 | -€25,014 | -91.2% |
| Taxes, remuneration and social security | 45 | €6,903 | €18,610 | +€11,706 | +170% |
| Taxes | 450/3 | €6,903 | €18,610 | +€11,706 | +170% |
| Other amounts payable | 47/48 | €0 | €22,184 | +€22,184 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,629 | €24,629 | = | 0.0% |
| Other operating charges | 640/8 | €2,822 | €3,081 | +€259 | +9.2% |
| Gross operating margin | 9900 | €37,403 | €33,740 | -€3,663 | -9.8% |
| Operating profit (loss) | 9901 | €9,952 | €6,030 | -€3,922 | -39.4% |
| Financial income | 75/76B | €1,305 | €18,831 | +€17,526 | +1,343% |
| Recurring financial income | 75 | €1,305 | €2,803 | +€1,498 | +115% |
| Non-recurring financial income | 76B | - | €16,028 | +€16,028 | |
| Financial charges | 65/66B | €3,571 | €3,054 | -€517 | -14.5% |
| Recurring financial charges | 65 | €3,571 | €3,054 | -€517 | -14.5% |
| Profit (loss) for the period before taxes | 9903 | €7,686 | €21,807 | +€14,121 | +184% |
| Income taxes | 67/77 | €3,802 | €11,031 | +€7,229 | +190% |
| Profit (loss) for the period | 9904 | €3,884 | €10,776 | +€6,892 | +177% |
| Profit (loss) for the period to be appropriated | 9905 | €3,884 | €10,776 | +€6,892 | +177% |
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.