DEN OUDE TIJD: 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.
DEN OUDE TIJD
Largest movements
- Tangible fixed assets -€5,340
down €5,340 (-33.1%), from €16,140 to €10,799
- Stocks and contracts +€2,461
up €2,461 (+54.5%), from €4,512 to €6,973
- Cash +€1,708
up €1,708 (+13.7%), from €12,500 to €14,208
mainly Other debts (+€7,514) and Depreciation (+€5,340)
- Receivables within one year -€1,703
down €1,703 (-81.8%), from €2,081 to €378
of which Trade receivables: -€1,751
- Trade debts -€11,443
down €11,443 (-32.3%), from €35,435 to €23,992
- Other debts +€7,514
up €7,514 (+17.6%), from €42,570 to €50,083
- Tax, wage and social debts +€2,254
up €2,254 (+14.0%), from €16,137 to €18,391
of which Taxes: +€3,243
- Current portion of long-term debt -€1,745
down €1,745 (-100%), from €1,745 to €0
- Profit (loss) carried forward +€525
up €525 (+0.8%), from -€64,509 to -€63,984
- Gross operating margin +€16,728
up €16,728 (+13.3%), from €125,805 to €142,533
- Staff costs +€4,298
up €4,298 (+3.5%), from €121,352 to €125,650
- Depreciation -€2,065
down €2,065 (-27.9%), from €7,405 to €5,340
- Other operating charges -€2,017
down €2,017 (-19.9%), from €10,113 to €8,095
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 | €37,579 | €34,683 | -€2,896 | -7.7% |
| Fixed assets | 21/28 | €16,853 | €11,513 | -€5,340 | -31.7% |
| Tangible fixed assets | 22/27 | €16,140 | €10,799 | -€5,340 | -33.1% |
| Land and buildings | 22 | €283 | €142 | -€142 | -50.0% |
| Plant, machinery and equipment | 23 | €3,113 | €1,975 | -€1,139 | -36.6% |
| Furniture and vehicles | 24 | €3,932 | €2,131 | -€1,801 | -45.8% |
| Other tangible fixed assets | 26 | €8,811 | €6,552 | -€2,259 | -25.6% |
| Financial fixed assets | 28 | €714 | €714 | = | 0.0% |
| Current assets | 29/58 | €20,725 | €23,170 | +€2,445 | +11.8% |
| Stocks and contracts in progress | 3 | €4,512 | €6,973 | +€2,461 | +54.5% |
| Stocks | 30/36 | €4,512 | €6,973 | +€2,461 | +54.5% |
| Amounts receivable within one year | 40/41 | €2,081 | €378 | -€1,703 | -81.8% |
| Trade receivables | 40 | €2,066 | €315 | -€1,751 | -84.8% |
| Other amounts receivable | 41 | €15 | €63 | +€48 | +321% |
| Cash at bank and in hand | 54/58 | €12,500 | €14,208 | +€1,708 | +13.7% |
| Deferred charges and accrued income | 490/1 | €1,633 | €1,611 | -€22 | -1.3% |
| Total equity and liabilities | 10/49 | €37,579 | €34,683 | -€2,896 | -7.7% |
| Equity | 10/15 | -€58,309 | -€57,784 | +€525 | +0.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€64,509 | -€63,984 | +€525 | +0.8% |
| Amounts payable | 17/49 | €95,887 | €92,467 | -€3,421 | -3.6% |
| Amounts payable within one year | 42/48 | €95,887 | €92,467 | -€3,421 | -3.6% |
| Current portion of amounts payable after more than one year | 42 | €1,745 | €0 | -€1,745 | -100% |
| Trade debts | 44 | €35,435 | €23,992 | -€11,443 | -32.3% |
| Suppliers | 440/4 | €35,435 | €23,992 | -€11,443 | -32.3% |
| Taxes, remuneration and social security | 45 | €16,137 | €18,391 | +€2,254 | +14.0% |
| Taxes | 450/3 | €2,021 | €5,264 | +€3,243 | +160% |
| Remuneration and social security | 454/9 | €14,116 | €13,127 | -€989 | -7.0% |
| Other amounts payable | 47/48 | €42,570 | €50,083 | +€7,514 | +17.6% |
| Remuneration, social security and pensions | 62 | €121,352 | €125,650 | +€4,298 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,405 | €5,340 | -€2,065 | -27.9% |
| Other operating charges | 640/8 | €10,113 | €8,095 | -€2,017 | -19.9% |
| Gross operating margin | 9900 | €125,805 | €142,533 | +€16,728 | +13.3% |
| Operating profit (loss) | 9901 | -€13,065 | €3,447 | +€16,512 | |
| Financial income | 75/76B | €5 | €83 | +€78 | +1,478% |
| Recurring financial income | 75 | €5 | €83 | +€78 | +1,478% |
| Financial charges | 65/66B | €1,989 | €2,776 | +€788 | +39.6% |
| Recurring financial charges | 65 | €1,989 | €2,776 | +€788 | +39.6% |
| Profit (loss) for the period before taxes | 9903 | -€15,049 | €754 | +€15,803 | |
| Income taxes | 67/77 | €215 | €230 | +€15 | +6.8% |
| Profit (loss) for the period | 9904 | -€15,264 | €525 | +€15,788 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,264 | €525 | +€15,788 |
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.