Marc Van Dijck: 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.
Marc Van Dijck
Largest movements
- Receivables within one year +€7,586
up €7,586 (+50.3%), from €15,084 to €22,671
of which Other amounts receivable: +€10,156
- Tangible fixed assets +€5,028
up €5,028 (+24.5%), from €20,482 to €25,510
of which Leasing and similar rights: +€7,508
- Deferred charges and accrued income -€993
down €993 (-64.8%), from €1,533 to €540
- Reserves +€9,923
up €9,923 (+129%), from €7,721 to €17,644
- Debts after one year +€4,454
new in 2025: €4,454
- Current portion of long-term debt +€3,563
up €3,563, from €0 to €3,563
- Trade debts -€3,549
down €3,549 (-28.3%), from €12,549 to €9,000
- Tax, wage and social debts -€2,809
down €2,809 (-30.1%), from €9,321 to €6,512
of which Remuneration and social security: -€2,700
- Gross operating margin +€19,947
up €19,947 (+98.8%), from €20,190 to €40,137
- Financial charges +€14,859
up €14,859 (+588%), from €2,529 to €17,388
- Other operating charges +€1,163
up €1,163 (+439%), from €265 to €1,428
- Depreciation +€577
up €577 (+6.5%), from €8,855 to €9,432
- Financial income +€406
up €406 (+166%), from €245 to €651
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €37,100 | €48,721 | +€11,621 | +31.3% |
| Fixed assets | 21/28 | €20,482 | €25,510 | +€5,028 | +24.5% |
| Tangible fixed assets | 22/27 | €20,482 | €25,510 | +€5,028 | +24.5% |
| Land and buildings | 22 | €13,976 | €11,725 | -€2,252 | -16.1% |
| Plant, machinery and equipment | 23 | €2,742 | €1,426 | -€1,317 | -48.0% |
| Furniture and vehicles | 24 | €3,159 | €4,248 | +€1,088 | +34.5% |
| Leasing and similar rights | 25 | €605 | €8,113 | +€7,508 | +1,241% |
| Current assets | 29/58 | €16,617 | €23,210 | +€6,593 | +39.7% |
| Amounts receivable within one year | 40/41 | €15,084 | €22,671 | +€7,586 | +50.3% |
| Trade receivables | 40 | €5,746 | €3,176 | -€2,569 | -44.7% |
| Other amounts receivable | 41 | €9,339 | €19,495 | +€10,156 | +109% |
| Deferred charges and accrued income | 490/1 | €1,533 | €540 | -€993 | -64.8% |
| Total equity and liabilities | 10/49 | €37,100 | €48,721 | +€11,621 | +31.3% |
| Equity | 10/15 | €10,721 | €20,644 | +€9,923 | +92.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €7,721 | €17,644 | +€9,923 | +129% |
| Distributable reserves | 133 | €7,721 | €17,644 | +€9,923 | +129% |
| Amounts payable | 17/49 | €26,379 | €28,077 | +€1,699 | +6.4% |
| Amounts payable after more than one year | 17 | - | €4,454 | +€4,454 | |
| Financial debts | 170/4 | - | €4,454 | +€4,454 | |
| Amounts payable within one year | 42/48 | €26,379 | €23,243 | -€3,136 | -11.9% |
| Current portion of amounts payable after more than one year | 42 | €0 | €3,563 | +€3,563 | |
| Financial debts | 43 | €4,508 | €4,168 | -€340 | -7.6% |
| Credit institutions | 430/8 | €4,508 | €4,168 | -€340 | -7.6% |
| Trade debts | 44 | €12,549 | €9,000 | -€3,549 | -28.3% |
| Suppliers | 440/4 | €12,549 | €9,000 | -€3,549 | -28.3% |
| Taxes, remuneration and social security | 45 | €9,321 | €6,512 | -€2,809 | -30.1% |
| Taxes | 450/3 | €6,621 | €6,512 | -€109 | -1.6% |
| Remuneration and social security | 454/9 | €2,700 | €0 | -€2,700 | -100% |
| Accrued charges and deferred income | 492/3 | - | €381 | +€381 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,855 | €9,432 | +€577 | +6.5% |
| Other operating charges | 640/8 | €265 | €1,428 | +€1,163 | +439% |
| Gross operating margin | 9900 | €20,190 | €40,137 | +€19,947 | +98.8% |
| Operating profit (loss) | 9901 | €11,070 | €29,277 | +€18,208 | +164% |
| Financial income | 75/76B | €245 | €651 | +€406 | +166% |
| Recurring financial income | 75 | €245 | €651 | +€406 | +166% |
| Financial charges | 65/66B | €2,529 | €17,388 | +€14,859 | +588% |
| Recurring financial charges | 65 | €2,529 | €17,388 | +€14,859 | +588% |
| Profit (loss) for the period before taxes | 9903 | €8,786 | €12,541 | +€3,755 | +42.7% |
| Income taxes | 67/77 | €2,778 | €2,618 | -€159 | -5.7% |
| Profit (loss) for the period | 9904 | €6,009 | €9,923 | +€3,914 | +65.1% |
| Profit (loss) for the period to be appropriated | 9905 | €6,009 | €9,923 | +€3,914 | +65.1% |
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 25 October 2026 via checked.be.