Guido Van Eetveldt: 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.
Guido Van Eetveldt
Largest movements
- Cash +€68,326
up €68,326 (+27.8%), from €245,400 to €313,726
mainly Other debts (+€232,832) and Net result for the year (+€72,887)
- Other debts +€232,832
up €232,832 (+1,160%), from €20,076 to €252,908
- Reserves -€201,034
down €201,034 (-100%), from €201,034 to €0
- Tax, wage and social debts +€43,306
up €43,306 (+525%), from €8,256 to €51,562
- Trade debts -€4,867
down €4,867 (-100%), from €4,867 to €0
- Gross operating margin -€6,558
down €6,558 (-6.6%), from €99,489 to €92,931
- Taxes -€1,912
down €1,912 (-9.0%), from €21,167 to €19,256
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 | €249,232 | €319,470 | +€70,238 | +28.2% |
| Current assets | 29/58 | €249,232 | €319,470 | +€70,238 | +28.2% |
| Amounts receivable within one year | 40/41 | €3,833 | €5,744 | +€1,912 | +49.9% |
| Other amounts receivable | 41 | €3,833 | €5,744 | +€1,912 | +49.9% |
| Cash at bank and in hand | 54/58 | €245,400 | €313,726 | +€68,326 | +27.8% |
| Total equity and liabilities | 10/49 | €249,232 | €319,470 | +€70,238 | +28.2% |
| Equity | 10/15 | €216,034 | €15,000 | -€201,034 | -93.1% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €201,034 | €0 | -€201,034 | -100% |
| Distributable reserves | 133 | €201,034 | €0 | -€201,034 | -100% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €33,199 | €304,470 | +€271,271 | +817% |
| Amounts payable within one year | 42/48 | €33,199 | €304,470 | +€271,271 | +817% |
| Trade debts | 44 | €4,867 | €0 | -€4,867 | -100% |
| Suppliers | 440/4 | €4,867 | €0 | -€4,867 | -100% |
| Taxes, remuneration and social security | 45 | €8,256 | €51,562 | +€43,306 | +525% |
| Taxes | 450/3 | €8,256 | €51,562 | +€43,306 | +525% |
| Other amounts payable | 47/48 | €20,076 | €252,908 | +€232,832 | +1,160% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Other operating charges | 640/8 | €616 | €623 | +€7 | +1.1% |
| Gross operating margin | 9900 | €99,489 | €92,931 | -€6,558 | -6.6% |
| Operating profit (loss) | 9901 | €98,873 | €92,308 | -€6,565 | -6.6% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €120 | €165 | +€45 | +37.8% |
| Recurring financial charges | 65 | €120 | €165 | +€45 | +37.8% |
| Profit (loss) for the period before taxes | 9903 | €98,753 | €92,143 | -€6,610 | -6.7% |
| Income taxes | 67/77 | €21,167 | €19,256 | -€1,912 | -9.0% |
| Profit (loss) for the period | 9904 | €77,586 | €72,887 | -€4,699 | -6.1% |
| Profit (loss) for the period to be appropriated | 9905 | €77,586 | €72,887 | -€4,699 | -6.1% |
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 23 October 2026 via checked.be.