Erik Van Ootegem: 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.
What changed
Erik Van Ootegem
NACE 46.216, Wholesale of agricultural produce and animal feed, general range
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€126,915
2024 · €148,843-€21,928
Equity
€1.2m
2024 · €1.2m-€2,838
Cash
€752,346
2024 · €546,488+€205,858
Balance sheet total
€1.6m
2024 · €1.7m-€110,746
Largest movements
Assets
- Cash +€205,858
up €205,858 (+37.7%), from €546,488 to €752,346
mainly Current investments (+€200,000) and Depreciation (+€138,663)
- Current investments -€200,000
down €200,000 (-99.7%), from €200,690 to €690
- Tangible fixed assets -€107,585
down €107,585 (-19.6%), from €550,057 to €442,472
of which Furniture and vehicles: -€73,204
Equity and liabilities
- Debts after one year -€48,500
down €48,500 (-31.8%), from €152,470 to €103,970
- Current portion of long-term debt -€26,234
down €26,234 (-32.2%), from €81,473 to €55,239
- Trade debts -€22,831
down €22,831 (-14.8%), from €154,290 to €131,459
Income statement
- Gross operating margin -€19,364
down €19,364 (-4.8%), from €402,020 to €382,657
- Depreciation +€10,847
up €10,847 (+8.5%), from €127,816 to €138,663
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.
Result 2024
€148,843
Gross operating margin
-€19,364
Staff costs
+€29
Depreciation
-€10,847
Other operating charges
-€1,574
Other operating items
+€2,072
Financial income
-€2,342
Financial charges
-€585
Taxes
-€576
Deferred taxes and other
+€11,259
Result 2025
€126,915
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€241,360
Investment
+€168,986
Financing
-€204,487
Cash 2024
€546,488
From operations (derived)
+€241,360
Net result for the year
+€126,915
Depreciation
+€138,663
Stocks and contracts
-€13,438
Receivables within one year
+€16,688
Deferred charges and accrued income
+€5,704
Provisions
-€2,025
Trade debts
-€22,831
Tax, wage and social debts
+€3,730
Advances received
+€1,022
Other debts
-€13,071
Investment (derived)
+€168,986
Investment in fixed assets (net)
-€31,014
Current investments
+€200,000
Financing
-€204,487
Debts after one year
-€48,500
Current portion of long-term debt
-€26,234
Contributions, distributions and other
-€129,753
Cash 2025
€752,346
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,697,831 | €1,587,085 | -€110,746 | -6.5% |
| Fixed assets | 21/28 | €554,337 | €446,687 | -€107,649 | -19.4% |
| Tangible fixed assets | 22/27 | €550,057 | €442,472 | -€107,585 | -19.6% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €85,584 | €61,973 | -€23,611 | -27.6% |
| Furniture and vehicles | 24 | €256,780 | €183,575 | -€73,204 | -28.5% |
| Other tangible fixed assets | 26 | €207,693 | €196,924 | -€10,769 | -5.2% |
| Financial fixed assets | 28 | €4,280 | €4,215 | -€65 | -1.5% |
| Current assets | 29/58 | €1,143,494 | €1,140,397 | -€3,097 | -0.3% |
| Stocks and contracts in progress | 3 | €82,054 | €95,492 | +€13,438 | +16.4% |
| Stocks | 30/36 | €82,054 | €95,492 | +€13,438 | +16.4% |
| Amounts receivable within one year | 40/41 | €294,442 | €277,754 | -€16,688 | -5.7% |
| Trade receivables | 40 | €290,693 | €276,868 | -€13,825 | -4.8% |
| Other amounts receivable | 41 | €3,749 | €886 | -€2,863 | -76.4% |
| Current investments | 50/53 | €200,690 | €690 | -€200,000 | -99.7% |
| Cash at bank and in hand | 54/58 | €546,488 | €752,346 | +€205,858 | +37.7% |
| Deferred charges and accrued income | 490/1 | €19,820 | €14,115 | -€5,704 | -28.8% |
| Total equity and liabilities | 10/49 | €1,697,831 | €1,587,085 | -€110,746 | -6.5% |
| Equity | 10/15 | €1,243,928 | €1,241,089 | -€2,838 | -0.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,225,328 | €1,222,489 | -€2,838 | -0.2% |
| Tax-exempt reserves | 132 | €283,080 | €277,005 | -€6,075 | -2.1% |
| Distributable reserves | 133 | €942,248 | €945,485 | +€3,237 | +0.3% |
| Investment grants | 15 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €9,234 | €7,209 | -€2,025 | -21.9% |
| Deferred taxes | 168 | €9,234 | €7,209 | -€2,025 | -21.9% |
| Amounts payable | 17/49 | €444,669 | €338,786 | -€105,883 | -23.8% |
| Amounts payable after more than one year | 17 | €152,470 | €103,970 | -€48,500 | -31.8% |
| Financial debts | 170/4 | €152,470 | €103,970 | -€48,500 | -31.8% |
| Amounts payable within one year | 42/48 | €292,199 | €234,816 | -€57,383 | -19.6% |
| Current portion of amounts payable after more than one year | 42 | €81,473 | €55,239 | -€26,234 | -32.2% |
| Trade debts | 44 | €154,290 | €131,459 | -€22,831 | -14.8% |
| Suppliers | 440/4 | €154,290 | €131,459 | -€22,831 | -14.8% |
| Advances received on contracts in progress | 46 | €365 | €1,387 | +€1,022 | +280% |
| Taxes, remuneration and social security | 45 | €4,988 | €8,718 | +€3,730 | +74.8% |
| Taxes | 450/3 | €79 | €3,306 | +€3,227 | +4,098% |
| Remuneration and social security | 454/9 | €4,909 | €5,412 | +€503 | +10.2% |
| Other amounts payable | 47/48 | €51,083 | €38,012 | -€13,071 | -25.6% |
| Remuneration, social security and pensions | 62 | €46,587 | €46,558 | -€29 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €127,816 | €138,663 | +€10,847 | +8.5% |
| Other operating charges | 640/8 | €22,752 | €24,326 | +€1,574 | +6.9% |
| Non-recurring operating charges | 66A | €2,072 | - | -€2,072 | |
| Gross operating margin | 9900 | €402,020 | €382,657 | -€19,364 | -4.8% |
| Operating profit (loss) | 9901 | €202,793 | €173,109 | -€29,685 | -14.6% |
| Financial income | 75/76B | €6,731 | €4,389 | -€2,342 | -34.8% |
| Recurring financial income | 75 | €6,731 | €4,389 | -€2,342 | -34.8% |
| Financial charges | 65/66B | €10,809 | €11,393 | +€585 | +5.4% |
| Recurring financial charges | 65 | €10,809 | €11,393 | +€585 | +5.4% |
| Profit (loss) for the period before taxes | 9903 | €198,716 | €166,104 | -€32,611 | -16.4% |
| Transfer from deferred taxes | 780 | €891 | €2,025 | +€1,134 | +127% |
| Transfer to deferred taxes | 680 | €10,125 | - | -€10,125 | |
| Income taxes | 67/77 | €40,638 | €41,214 | +€576 | +1.4% |
| Profit (loss) for the period | 9904 | €148,843 | €126,915 | -€21,928 | -14.7% |
| Transfer from tax-exempt reserves | 789 | €2,672 | €6,075 | +€3,403 | +127% |
| Transfer to tax-exempt reserves | 689 | €114,575 | - | -€114,575 | |
| Profit (loss) for the period to be appropriated | 9905 | €36,941 | €132,990 | +€96,049 | +260% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.