FRANS-VANDERMEERSCH: what changed
What changed
FRANS-VANDERMEERSCH
NACE 82.990, Other business support services
filed annual accounts (NBB)
Net result for the year
-€5,819
2024 · €126,941-€132,760
Equity
€983,232
2024 · €989,051-€5,819
Cash
€311,763
2024 · €66,638+€245,125
Balance sheet total
€4.9m
2024 · €4.3m+€635,822
Largest movements
Assets
- Tangible fixed assets +€545,083
up €545,083 (+14.0%), from €3.9m to €4.5m
of which Land and buildings: +€612,356
- Cash +€245,125
up €245,125 (+368%), from €66,638 to €311,763
mainly Debts after one year (+€438,560) and Depreciation (+€308,343)
- Receivables within one year -€100,253
down €100,253 (-54.5%), from €184,020 to €83,767
of which Trade receivables: -€82,628
- Deferred charges and accrued income -€54,133
down €54,133 (-53.0%), from €102,185 to €48,051
Equity and liabilities
- Debts after one year +€438,560
up €438,560 (+21.0%), from €2.1m to €2.5m
of which Financial debts: +€438,335
- Other debts +€177,708
up €177,708 (+18.2%), from €975,749 to €1.2m
Income statement
- Depreciation +€78,095
up €78,095 (+33.9%), from €230,248 to €308,343
- Taxes -€43,345
down €43,345, from €20,736 to -€22,609
- Financial charges +€37,674
up €37,674 (+70.9%), from €53,170 to €90,844
- Other operating charges +€35,212
up €35,212 (+219%), from €16,051 to €51,263
- Gross operating margin -€25,062
down €25,062 (-5.3%), from €474,954 to €449,892
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
€126,941
Gross operating margin
-€25,062
Staff costs
+€485
Depreciation
-€78,095
Other operating charges
-€35,212
Financial income
-€547
Financial charges
-€37,674
Taxes
+€43,345
Result 2025
-€5,819
raises the resultlowers the result
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
+€615,948
Investment
-€853,426
Financing
+€482,603
Cash 2024
€66,638
From operations (derived)
+€615,948
Net result for the year
-€5,819
Depreciation
+€308,343
Receivables within one year
+€100,253
Deferred charges and accrued income
+€54,133
Trade debts
-€19,671
Smaller working-capital items
+€1,000
Other debts
+€177,708
Investment (derived)
-€853,426
Investment in fixed assets (net)
-€853,426
Financing
+€482,603
Debts after one year
+€438,560
Current portion of long-term debt
+€44,043
Cash 2025
€311,763
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,258,038 | €4,893,860 | +€635,822 | +14.9% |
| Fixed assets | 21/28 | €3,905,196 | €4,450,279 | +€545,083 | +14.0% |
| Tangible fixed assets | 22/27 | €3,905,196 | €4,450,279 | +€545,083 | +14.0% |
| Land and buildings | 22 | €3,519,809 | €4,132,165 | +€612,356 | +17.4% |
| Plant, machinery and equipment | 23 | €316,732 | €263,160 | -€53,571 | -16.9% |
| Furniture and vehicles | 24 | €45,949 | €32,247 | -€13,702 | -29.8% |
| Other tangible fixed assets | 26 | €22,707 | €22,707 | = | 0.0% |
| Financial fixed assets | 28 | - | €0 | = | |
| Current assets | 29/58 | €352,842 | €443,581 | +€90,739 | +25.7% |
| Amounts receivable within one year | 40/41 | €184,020 | €83,767 | -€100,253 | -54.5% |
| Trade receivables | 40 | €118,500 | €35,872 | -€82,628 | -69.7% |
| Other amounts receivable | 41 | €65,520 | €47,895 | -€17,624 | -26.9% |
| Cash at bank and in hand | 54/58 | €66,638 | €311,763 | +€245,125 | +368% |
| Deferred charges and accrued income | 490/1 | €102,185 | €48,051 | -€54,133 | -53.0% |
| Total equity and liabilities | 10/49 | €4,258,038 | €4,893,860 | +€635,822 | +14.9% |
| Equity | 10/15 | €989,051 | €983,232 | -€5,819 | -0.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €153,803 | €153,803 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €151,803 | €151,803 | = | 0.0% |
| Profit (loss) carried forward | 14 | €815,248 | €809,428 | -€5,819 | -0.7% |
| Amounts payable | 17/49 | €3,268,987 | €3,910,628 | +€641,641 | +19.6% |
| Amounts payable after more than one year | 17 | €2,089,768 | €2,528,328 | +€438,560 | +21.0% |
| Financial debts | 170/4 | €2,089,768 | €2,528,103 | +€438,335 | +21.0% |
| Other amounts payable | 178/9 | - | €225 | +€225 | |
| Amounts payable within one year | 42/48 | €1,147,426 | €1,350,496 | +€203,070 | +17.7% |
| Current portion of amounts payable after more than one year | 42 | €144,323 | €188,365 | +€44,043 | +30.5% |
| Trade debts | 44 | €23,306 | €3,635 | -€19,671 | -84.4% |
| Suppliers | 440/4 | €23,306 | €3,635 | -€19,671 | -84.4% |
| Taxes, remuneration and social security | 45 | €4,048 | €5,038 | +€990 | +24.5% |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €4,048 | €5,038 | +€990 | +24.5% |
| Other amounts payable | 47/48 | €975,749 | €1,153,458 | +€177,708 | +18.2% |
| Accrued charges and deferred income | 492/3 | €31,794 | €31,804 | +€10 | 0.0% |
| Non-recurring operating income | 76A | - | €29,507 | +€29,507 | |
| Remuneration, social security and pensions | 62 | €28,354 | €27,869 | -€485 | -1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €230,248 | €308,343 | +€78,095 | +33.9% |
| Other operating charges | 640/8 | €16,051 | €51,263 | +€35,212 | +219% |
| Gross operating margin | 9900 | €474,954 | €449,892 | -€25,062 | -5.3% |
| Operating profit (loss) | 9901 | €200,300 | €62,416 | -€137,884 | -68.8% |
| Financial income | 75/76B | €547 | - | -€547 | |
| Recurring financial income | 75 | €547 | - | -€547 | |
| Financial charges | 65/66B | €53,170 | €90,844 | +€37,674 | +70.9% |
| Recurring financial charges | 65 | €53,170 | €90,844 | +€37,674 | +70.9% |
| Profit (loss) for the period before taxes | 9903 | €147,677 | -€28,428 | -€176,105 | |
| Income taxes | 67/77 | €20,736 | -€22,609 | -€43,345 | |
| Profit (loss) for the period | 9904 | €126,941 | -€5,819 | -€132,760 | |
| Profit (loss) for the period to be appropriated | 9905 | €126,941 | -€5,819 | -€132,760 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.