FERDINAND VAN GORP: what changed
What changed
FERDINAND VAN GORP
NACE 43.341, Painting of buildings
filed annual accounts (NBB)
Net result for the year
€607,166
2024 · -€190,153+€797,319
Equity
€503,687
2024 · €396,521+€107,166
Cash
€550,094
2024 · €377,340+€172,754
Balance sheet total
€964,782
2024 · €699,900+€264,881
Largest movements
Assets
- Cash +€172,754
up €172,754 (+45.8%), from €377,340 to €550,094
mainly Net result for the year (+€607,166) and Tax, wage and social debts (+€136,376)
- Receivables within one year +€44,090
up €44,090 (+38.2%), from €115,395 to €159,485
of which Trade receivables: +€24,516
- Tangible fixed assets +€40,867
up €40,867 (+32.6%), from €125,172 to €166,039
of which Other tangible fixed assets: +€84,437
- Deferred charges and accrued income +€10,931
up €10,931 (+19.5%), from €56,165 to €67,096
Equity and liabilities
- Tax, wage and social debts +€136,376
up €136,376 (+272%), from €50,132 to €186,508
of which Taxes: +€138,623
- Profit (loss) carried forward +€107,166
up €107,166 (+56.4%), from -€190,153 to -€82,987
- Other debts -€86,840
no longer reported in 2025 (was €86,840)
- Debts after one year +€70,879
up €70,879 (+164%), from €43,221 to €114,100
- Current portion of long-term debt +€20,862
up €20,862 (+95.3%), from €21,884 to €42,746
Income statement
- Gross operating margin +€925,695
up €925,695 (+191%), from €483,943 to €1.4m
- Taxes +€162,571
up €162,571 (+59,762%), from €272 to €162,843
- Staff costs -€35,451
down €35,451 (-5.8%), from €612,852 to €577,401
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.
Result 2024
-€190,153
Gross operating margin
+€925,695
Staff costs
+€35,451
Depreciation
+€10,891
Other operating charges
+€1,935
Other operating items
-€12,551
Financial income
-€2,683
Financial charges
+€1,153
Taxes
-€162,571
Result 2025
€607,166
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€653,271
Investment
-€72,258
Financing
-€408,259
Cash 2024
€377,340
From operations (derived)
+€653,271
Net result for the year
+€607,166
Depreciation
+€31,391
Stocks and contracts
+€3,760
Receivables within one year
-€44,090
Deferred charges and accrued income
-€10,931
Trade debts
+€16,439
Tax, wage and social debts
+€136,376
Other debts
-€86,840
Investment (derived)
-€72,258
Investment in fixed assets (net)
-€72,258
Financing
-€408,259
Debts after one year
+€70,879
Current portion of long-term debt
+€20,862
Contributions, distributions and other
-€500,000
Cash 2025
€550,094
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €699,900 | €964,782 | +€264,881 | +37.8% |
| Fixed assets | 21/28 | €125,172 | €166,039 | +€40,867 | +32.6% |
| Tangible fixed assets | 22/27 | €125,172 | €166,039 | +€40,867 | +32.6% |
| Land and buildings | 22 | €44,053 | - | -€44,053 | |
| Plant, machinery and equipment | 23 | - | €16,783 | +€16,783 | |
| Furniture and vehicles | 24 | €81,119 | €64,819 | -€16,300 | -20.1% |
| Other tangible fixed assets | 26 | - | €84,437 | +€84,437 | |
| Current assets | 29/58 | €574,728 | €798,743 | +€224,015 | +39.0% |
| Stocks and contracts in progress | 3 | €25,828 | €22,067 | -€3,760 | -14.6% |
| Stocks | 30/36 | €25,828 | €22,067 | -€3,760 | -14.6% |
| Amounts receivable within one year | 40/41 | €115,395 | €159,485 | +€44,090 | +38.2% |
| Trade receivables | 40 | €107,198 | €131,714 | +€24,516 | +22.9% |
| Other amounts receivable | 41 | €8,197 | €27,771 | +€19,573 | +239% |
| Cash at bank and in hand | 54/58 | €377,340 | €550,094 | +€172,754 | +45.8% |
| Deferred charges and accrued income | 490/1 | €56,165 | €67,096 | +€10,931 | +19.5% |
| Total equity and liabilities | 10/49 | €699,900 | €964,782 | +€264,881 | +37.8% |
| Equity | 10/15 | €396,521 | €503,687 | +€107,166 | +27.0% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | €521,674 | €521,674 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,456 | €2,456 | = | 0.0% |
| Distributable reserves | 133 | €519,219 | €519,219 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€190,153 | -€82,987 | +€107,166 | +56.4% |
| Amounts payable | 17/49 | €303,379 | €461,094 | +€157,715 | +52.0% |
| Amounts payable after more than one year | 17 | €43,221 | €114,100 | +€70,879 | +164% |
| Financial debts | 170/4 | €43,221 | €114,100 | +€70,879 | +164% |
| Amounts payable within one year | 42/48 | €260,158 | €346,994 | +€86,837 | +33.4% |
| Current portion of amounts payable after more than one year | 42 | €21,884 | €42,746 | +€20,862 | +95.3% |
| Trade debts | 44 | €101,302 | €117,741 | +€16,439 | +16.2% |
| Suppliers | 440/4 | €101,302 | €117,741 | +€16,439 | +16.2% |
| Taxes, remuneration and social security | 45 | €50,132 | €186,508 | +€136,376 | +272% |
| Taxes | 450/3 | €24,206 | €162,830 | +€138,623 | +573% |
| Remuneration and social security | 454/9 | €25,925 | €23,678 | -€2,247 | -8.7% |
| Other amounts payable | 47/48 | €86,840 | - | -€86,840 | |
| Non-recurring operating income | 76A | - | €875,947 | +€875,947 | |
| Remuneration, social security and pensions | 62 | €612,852 | €577,401 | -€35,451 | -5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,282 | €31,391 | -€10,891 | -25.8% |
| Other operating charges | 640/8 | €11,606 | €9,672 | -€1,935 | -16.7% |
| Non-recurring operating charges | 66A | €2,437 | €14,987 | +€12,551 | +515% |
| Gross operating margin | 9900 | €483,943 | €1,409,638 | +€925,695 | +191% |
| Operating profit (loss) | 9901 | -€185,235 | €776,186 | +€961,420 | |
| Financial income | 75/76B | €2,729 | €46 | -€2,683 | -98.3% |
| Recurring financial income | 75 | €2,729 | €46 | -€2,683 | -98.3% |
| Financial charges | 65/66B | €7,375 | €6,223 | -€1,153 | -15.6% |
| Recurring financial charges | 65 | €7,375 | €6,223 | -€1,153 | -15.6% |
| Profit (loss) for the period before taxes | 9903 | -€189,881 | €770,009 | +€959,890 | |
| Income taxes | 67/77 | €272 | €162,843 | +€162,571 | +59,762% |
| Profit (loss) for the period | 9904 | -€190,153 | €607,166 | +€797,319 | |
| Profit (loss) for the period to be appropriated | 9905 | -€190,153 | €607,166 | +€797,319 |
Next steps
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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 5 November 2026 via checked.be.