ERIC VAN DEN PUTTE: 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.
ERIC VAN DEN PUTTE
Largest movements
- Cash -€63,154
down €63,154 (-62.4%), from €101,281 to €38,127
mainly Receivables within one year (-€48,805) and Investment in fixed assets (net) (-€10,369)
- Receivables within one year +€48,805
up €48,805 (+89.8%), from €54,336 to €103,141
of which Trade receivables: +€45,973
- Tangible fixed assets -€5,636
down €5,636 (-10.2%), from €55,515 to €49,879
of which Furniture and vehicles: -€8,552
- Stocks and contracts +€5,000
up €5,000 (+333.3%), from €1,500 to €6,500
- Debts after one year -€6,689
down €6,689 (-43.2%), from €15,483 to €8,794
- Other debts -€6,163
down €6,163 (-89.9%), from €6,858 to €695
- Gross operating margin -€25,067
down €25,067 (-61.5%), from €40,757 to €15,690
- Taxes -€6,259
no longer reported in 2025 (was €6,259)
- Financial charges -€2,618
down €2,618 (-64.8%), from €4,043 to €1,425
- Depreciation +€2,469
up €2,469 (+18.2%), from €13,536 to €16,005
- Financial income +€1,698
up €1,698 (+5306.3%), from €32 to €1,730
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.
Cash bridge derived
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 | €213,283 | €198,371 | -€14,912 | -7.0% |
| Fixed assets | 21/28 | €55,865 | €50,229 | -€5,636 | -10.1% |
| Tangible fixed assets | 22/27 | €55,515 | €49,879 | -€5,636 | -10.2% |
| Plant, machinery and equipment | 23 | €3,712 | €6,628 | +€2,916 | +78.6% |
| Furniture and vehicles | 24 | €51,803 | €43,251 | -€8,552 | -16.5% |
| Financial fixed assets | 28 | €350 | €350 | = | 0.0% |
| Current assets | 29/58 | €157,418 | €148,142 | -€9,276 | -5.9% |
| Stocks and contracts in progress | 3 | €1,500 | €6,500 | +€5,000 | +333.3% |
| Stocks | 30/36 | €1,500 | €6,500 | +€5,000 | +333.3% |
| Amounts receivable within one year | 40/41 | €54,336 | €103,141 | +€48,805 | +89.8% |
| Trade receivables | 40 | €43,645 | €89,618 | +€45,973 | +105.3% |
| Other amounts receivable | 41 | €10,691 | €13,523 | +€2,832 | +26.5% |
| Cash at bank and in hand | 54/58 | €101,281 | €38,127 | -€63,154 | -62.4% |
| Deferred charges and accrued income | 490/1 | €301 | €374 | +€73 | +24.3% |
| Total equity and liabilities | 10/49 | €213,283 | €198,371 | -€14,912 | -7.0% |
| Equity | 10/15 | €160,514 | €159,984 | -€530 | -0.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €141,914 | €141,914 | = | 0.0% |
| Distributable reserves | 133 | €141,914 | €141,914 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€530 | -€530 | |
| Amounts payable | 17/49 | €52,769 | €38,387 | -€14,382 | -27.3% |
| Amounts payable after more than one year | 17 | €15,483 | €8,794 | -€6,689 | -43.2% |
| Financial debts | 170/4 | €15,483 | €8,794 | -€6,689 | -43.2% |
| Amounts payable within one year | 42/48 | €37,286 | €29,593 | -€7,693 | -20.6% |
| Current portion of amounts payable after more than one year | 42 | €6,396 | €6,689 | +€293 | +4.6% |
| Trade debts | 44 | €24,032 | €22,209 | -€1,823 | -7.6% |
| Suppliers | 440/4 | €24,032 | €22,209 | -€1,823 | -7.6% |
| Other amounts payable | 47/48 | €6,858 | €695 | -€6,163 | -89.9% |
| Non-recurring operating income | 76A | €12,697 | - | -€12,697 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,536 | €16,005 | +€2,469 | +18.2% |
| Other operating charges | 640/8 | €502 | €520 | +€18 | +3.6% |
| Gross operating margin | 9900 | €40,757 | €15,690 | -€25,067 | -61.5% |
| Operating profit (loss) | 9901 | €26,719 | -€835 | -€27,554 | |
| Financial income | 75/76B | €32 | €1,730 | +€1,698 | +5306.3% |
| Recurring financial income | 75 | €32 | €1,730 | +€1,698 | +5306.3% |
| Financial charges | 65/66B | €4,043 | €1,425 | -€2,618 | -64.8% |
| Recurring financial charges | 65 | €4,043 | €1,425 | -€2,618 | -64.8% |
| Profit (loss) for the period before taxes | 9903 | €22,708 | -€530 | -€23,238 | |
| Income taxes | 67/77 | €6,259 | - | -€6,259 | |
| Profit (loss) for the period | 9904 | €16,449 | -€530 | -€16,979 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,449 | -€530 | -€16,979 |
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 11 October 2026 via checked.be.