DE ZANDPUTTEN: what changed
DE ZANDPUTTEN
Largest movements
- Tangible fixed assets +€201,901
up €201,901 (+20.8%), from €972,867 to €1.2m
- Receivables within one year -€174,500
down €174,500 (-95.4%), from €182,958 to €8,458
- Cash +€24,846
up €24,846 (+199%), from €12,511 to €37,356
mainly Receivables within one year (+€174,500) and Other debts (+€84,793)
- Other debts +€84,793
up €84,793 (+13.4%), from €630,724 to €715,517
- Profit (loss) carried forward -€15,728
down €15,728 (-80.7%), from €19,499 to €3,771
- Reserves -€15,000
down €15,000 (-8.7%), from €172,669 to €157,669
of which Distributable reserves: -€15,000
- Depreciation -€39,994
down €39,994 (-33.1%), from €120,845 to €80,852
- Gross operating margin +€3,020
up €3,020 (+4.7%), from €63,956 to €66,976
- Financial charges +€3,014
up €3,014 (+498%), from €606 to €3,619
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 | €1,169,947 | €1,222,932 | +€52,986 | +4.5% |
| Fixed assets | 21/28 | €972,867 | €1,174,768 | +€201,901 | +20.8% |
| Tangible fixed assets | 22/27 | €972,867 | €1,174,768 | +€201,901 | +20.8% |
| Land and buildings | 22 | €972,867 | €1,174,768 | +€201,901 | +20.8% |
| Current assets | 29/58 | €197,080 | €48,164 | -€148,915 | -75.6% |
| Amounts receivable within one year | 40/41 | €182,958 | €8,458 | -€174,500 | -95.4% |
| Trade receivables | 40 | €182,958 | €8,458 | -€174,500 | -95.4% |
| Cash at bank and in hand | 54/58 | €12,511 | €37,356 | +€24,846 | +199% |
| Deferred charges and accrued income | 490/1 | €1,612 | €2,350 | +€739 | +45.9% |
| Total equity and liabilities | 10/49 | €1,169,947 | €1,222,932 | +€52,986 | +4.5% |
| Equity | 10/15 | €535,302 | €504,574 | -€30,728 | -5.7% |
| Contributions | 10/11 | €343,135 | €343,135 | = | 0.0% |
| Reserves | 13 | €172,669 | €157,669 | -€15,000 | -8.7% |
| Tax-exempt reserves | 132 | €35,079 | €35,079 | = | 0.0% |
| Distributable reserves | 133 | €137,590 | €122,590 | -€15,000 | -10.9% |
| Profit (loss) carried forward | 14 | €19,499 | €3,771 | -€15,728 | -80.7% |
| Amounts payable | 17/49 | €634,644 | €718,358 | +€83,714 | +13.2% |
| Amounts payable within one year | 42/48 | €634,644 | €718,358 | +€83,714 | +13.2% |
| Trade debts | 44 | €3,920 | €2,842 | -€1,079 | -27.5% |
| Suppliers | 440/4 | €3,920 | €2,842 | -€1,079 | -27.5% |
| Other amounts payable | 47/48 | €630,724 | €715,517 | +€84,793 | +13.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €120,845 | €80,852 | -€39,994 | -33.1% |
| Other operating charges | 640/8 | €12,821 | €13,269 | +€448 | +3.5% |
| Gross operating margin | 9900 | €63,956 | €66,976 | +€3,020 | +4.7% |
| Operating profit (loss) | 9901 | -€69,711 | -€27,145 | +€42,566 | +61.1% |
| Financial income | 75/76B | €94 | €36 | -€58 | -62.0% |
| Recurring financial income | 75 | €94 | €36 | -€58 | -62.0% |
| Financial charges | 65/66B | €606 | €3,619 | +€3,014 | +498% |
| Recurring financial charges | 65 | €606 | €3,619 | +€3,014 | +498% |
| Profit (loss) for the period before taxes | 9903 | -€70,223 | -€30,728 | +€39,495 | +56.2% |
| Profit (loss) for the period | 9904 | -€70,223 | -€30,728 | +€39,495 | +56.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€70,223 | -€30,728 | +€39,495 | +56.2% |
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 2 November 2026 via checked.be.