DIRK VAN CRAEN: 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.
DIRK VAN CRAEN
Largest movements
- Cash +€14,663
up €14,663 (+143%), from €10,239 to €24,902
mainly Depreciation (+€9,473) and Receivables within one year (+€8,393)
- Tangible fixed assets -€9,473
down €9,473 (-38.9%), from €24,358 to €14,885
- Receivables within one year -€8,393
down €8,393 (-73.4%), from €11,438 to €3,045
of which Trade receivables: -€5,888
- Stocks and contracts -€2,823
down €2,823 (-64.7%), from €4,363 to €1,540
of which Contracts in progress: -€2,473
- Current portion of long-term debt -€5,556
no longer reported in 2025 (was €5,556)
- Trade debts -€1,801
down €1,801 (-24.5%), from €7,353 to €5,552
- Profit (loss) carried forward +€900
up €900 (+45.4%), from -€1,984 to -€1,084
- Gross operating margin +€4,179
up €4,179 (+39.4%), from €10,608 to €14,787
- Taxes +€1,536
up €1,536 (+125%), from €1,227 to €2,763
- Other operating charges -€166
down €166 (-9.7%), from €1,705 to €1,539
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 | €52,677 | €46,306 | -€6,371 | -12.1% |
| Fixed assets | 21/28 | €24,358 | €14,885 | -€9,473 | -38.9% |
| Tangible fixed assets | 22/27 | €24,358 | €14,885 | -€9,473 | -38.9% |
| Furniture and vehicles | 24 | €24,358 | €14,885 | -€9,473 | -38.9% |
| Current assets | 29/58 | €28,319 | €31,421 | +€3,102 | +11.0% |
| Stocks and contracts in progress | 3 | €4,363 | €1,540 | -€2,823 | -64.7% |
| Stocks | 30/36 | €1,890 | €1,540 | -€350 | -18.5% |
| Contracts in progress | 37 | €2,473 | - | -€2,473 | |
| Amounts receivable within one year | 40/41 | €11,438 | €3,045 | -€8,393 | -73.4% |
| Trade receivables | 40 | €7,808 | €1,920 | -€5,888 | -75.4% |
| Other amounts receivable | 41 | €3,630 | €1,125 | -€2,505 | -69.0% |
| Cash at bank and in hand | 54/58 | €10,239 | €24,902 | +€14,663 | +143% |
| Deferred charges and accrued income | 490/1 | €2,279 | €1,934 | -€345 | -15.1% |
| Total equity and liabilities | 10/49 | €52,677 | €46,306 | -€6,371 | -12.1% |
| Equity | 10/15 | €38,969 | €39,869 | +€900 | +2.3% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Contributions outside capital | 11 | €6,197 | €6,197 | = | 0.0% |
| Other | 1109/19 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €34,756 | €34,756 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €32,897 | €32,897 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,984 | -€1,084 | +€900 | +45.4% |
| Amounts payable | 17/49 | €13,708 | €6,437 | -€7,271 | -53.0% |
| Amounts payable within one year | 42/48 | €13,708 | €6,437 | -€7,271 | -53.0% |
| Current portion of amounts payable after more than one year | 42 | €5,556 | - | -€5,556 | |
| Trade debts | 44 | €7,353 | €5,552 | -€1,801 | -24.5% |
| Suppliers | 440/4 | €7,353 | €5,552 | -€1,801 | -24.5% |
| Taxes, remuneration and social security | 45 | - | €263 | +€263 | |
| Taxes | 450/3 | - | €263 | +€263 | |
| Other amounts payable | 47/48 | €799 | €622 | -€177 | -22.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,547 | €9,473 | -€74 | -0.8% |
| Other operating charges | 640/8 | €1,705 | €1,539 | -€166 | -9.7% |
| Gross operating margin | 9900 | €10,608 | €14,787 | +€4,179 | +39.4% |
| Operating profit (loss) | 9901 | -€644 | €3,775 | +€4,419 | |
| Financial income | 75/76B | - | €24 | +€24 | |
| Recurring financial income | 75 | - | €24 | +€24 | |
| Financial charges | 65/66B | €113 | €136 | +€23 | +20.4% |
| Recurring financial charges | 65 | €113 | €136 | +€23 | +20.4% |
| Profit (loss) for the period before taxes | 9903 | -€757 | €3,663 | +€4,420 | |
| Income taxes | 67/77 | €1,227 | €2,763 | +€1,536 | +125% |
| Profit (loss) for the period | 9904 | -€1,984 | €900 | +€2,884 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,984 | €900 | +€2,884 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.