NEYT - VAN SANTE: what changed
What changed
NEYT - VAN SANTE
NACE 46.220, Wholesale trade
filed annual accounts (NBB)
Net result for the year
€517,846
2023 · €171,229+€346,617
Equity
€753,439
2023 · €595,593+€157,846
Cash
€259,855
2023 · €203,277+€56,578
Balance sheet total
€2.5m
2023 · €2.3m+€160,717
Largest movements
Assets
- Current investments +€107,662
up €107,662 (+20.0%), from €538,493 to €646,156
- Cash +€56,578
up €56,578 (+27.8%), from €203,277 to €259,855
mainly Net result for the year (+€517,846) and Other debts (+€230,000)
- Receivables within one year +€45,736
up €45,736 (+19.7%), from €232,161 to €277,896
of which Trade receivables: +€45,570
- Tangible fixed assets -€39,728
down €39,728 (-3.0%), from €1.3m to €1.3m
of which Land and buildings: -€46,349
Equity and liabilities
- Other debts +€230,000
up €230,000 (+177%), from €130,000 to €360,000
- Reserves +€157,846
up €157,846 (+71.3%), from €221,493 to €379,339
- Trade debts -€126,775
down €126,775 (-11.1%), from €1.1m to €1.0m
- Debts after one year -€92,511
down €92,511 (-28.4%), from €326,076 to €233,565
of which Financial debts: -€94,195
Income statement
- Gross operating margin +€223,944
up €223,944 (+54.1%), from €414,251 to €638,195
- Financial income +€105,451
up €105,451 (+2,379%), from €4,433 to €109,884
- Staff costs -€15,170
down €15,170 (-9.5%), from €159,864 to €144,694
Change in the result, 2023 to 2024
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 2023
€171,229
Gross operating margin
+€223,944
Staff costs
+€15,170
Depreciation
-€532
Other operating charges
-€690
Other operating items
+€2,478
Financial income
+€105,451
Financial charges
+€5,951
Taxes
-€5,155
Result 2024
€517,846
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€630,970
Investment
-€122,152
Financing
-€452,240
Cash 2023
€203,277
From operations (derived)
+€630,970
Net result for the year
+€517,846
Depreciation
+€54,218
Receivables after one year
+€300
Receivables within one year
-€45,736
Deferred charges and accrued income
+€9,231
Trade debts
-€126,775
Tax, wage and social debts
-€2,732
Other debts
+€230,000
Accrued charges and deferred income
-€5,382
Investment (derived)
-€122,152
Investment in fixed assets (net)
-€14,490
Current investments
-€107,662
Financing
-€452,240
Debts after one year
-€92,511
Current portion of long-term debt
+€271
Contributions, distributions and other
-€360,000
Cash 2024
€259,855
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,304,021 | €2,464,738 | +€160,717 | +7.0% |
| Fixed assets | 21/28 | €1,305,155 | €1,265,427 | -€39,728 | -3.0% |
| Tangible fixed assets | 22/27 | €1,305,020 | €1,265,292 | -€39,728 | -3.0% |
| Land and buildings | 22 | €1,288,550 | €1,242,200 | -€46,349 | -3.6% |
| Plant, machinery and equipment | 23 | €8,595 | €18,545 | +€9,950 | +116% |
| Furniture and vehicles | 24 | €7,875 | €4,546 | -€3,329 | -42.3% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €998,866 | €1,199,311 | +€200,445 | +20.1% |
| Amounts receivable after more than one year | 29 | €300 | - | -€300 | |
| Other amounts receivable | 291 | €300 | - | -€300 | |
| Amounts receivable within one year | 40/41 | €232,161 | €277,896 | +€45,736 | +19.7% |
| Trade receivables | 40 | €186,411 | €231,981 | +€45,570 | +24.4% |
| Other amounts receivable | 41 | €45,750 | €45,915 | +€165 | +0.4% |
| Current investments | 50/53 | €538,493 | €646,156 | +€107,662 | +20.0% |
| Cash at bank and in hand | 54/58 | €203,277 | €259,855 | +€56,578 | +27.8% |
| Deferred charges and accrued income | 490/1 | €24,634 | €15,404 | -€9,231 | -37.5% |
| Total equity and liabilities | 10/49 | €2,304,021 | €2,464,738 | +€160,717 | +7.0% |
| Equity | 10/15 | €595,593 | €753,439 | +€157,846 | +26.5% |
| Contributions | 10/11 | €374,100 | €374,100 | = | 0.0% |
| Reserves | 13 | €221,493 | €379,339 | +€157,846 | +71.3% |
| Distributable reserves | 133 | €221,493 | €379,339 | +€157,846 | +71.3% |
| Amounts payable | 17/49 | €1,708,428 | €1,711,298 | +€2,871 | +0.2% |
| Amounts payable after more than one year | 17 | €326,076 | €233,565 | -€92,511 | -28.4% |
| Financial debts | 170/4 | €266,520 | €172,325 | -€94,195 | -35.3% |
| Other amounts payable | 178/9 | €59,556 | €61,240 | +€1,684 | +2.8% |
| Amounts payable within one year | 42/48 | €1,373,284 | €1,474,048 | +€100,764 | +7.3% |
| Current portion of amounts payable after more than one year | 42 | €93,924 | €94,195 | +€271 | +0.3% |
| Trade debts | 44 | €1,141,780 | €1,015,005 | -€126,775 | -11.1% |
| Suppliers | 440/4 | €1,141,780 | €1,015,005 | -€126,775 | -11.1% |
| Taxes, remuneration and social security | 45 | €7,580 | €4,848 | -€2,732 | -36.0% |
| Taxes | 450/3 | €4,189 | €2,449 | -€1,740 | -41.5% |
| Remuneration and social security | 454/9 | €3,391 | €2,400 | -€992 | -29.2% |
| Other amounts payable | 47/48 | €130,000 | €360,000 | +€230,000 | +177% |
| Accrued charges and deferred income | 492/3 | €9,067 | €3,685 | -€5,382 | -59.4% |
| Remuneration, social security and pensions | 62 | €159,864 | €144,694 | -€15,170 | -9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,686 | €54,218 | +€532 | +1.0% |
| Other operating charges | 640/8 | €6,680 | €7,370 | +€690 | +10.3% |
| Non-recurring operating charges | 66A | €2,478 | - | -€2,478 | |
| Gross operating margin | 9900 | €414,251 | €638,195 | +€223,944 | +54.1% |
| Operating profit (loss) | 9901 | €191,543 | €431,913 | +€240,370 | +125% |
| Financial income | 75/76B | €4,433 | €109,884 | +€105,451 | +2,379% |
| Recurring financial income | 75 | €4,433 | €109,884 | +€105,451 | +2,379% |
| Financial charges | 65/66B | €8,910 | €2,959 | -€5,951 | -66.8% |
| Recurring financial charges | 65 | €8,910 | €2,959 | -€5,951 | -66.8% |
| Profit (loss) for the period before taxes | 9903 | €187,066 | €538,839 | +€351,772 | +188% |
| Income taxes | 67/77 | €15,837 | €20,992 | +€5,155 | +32.6% |
| Profit (loss) for the period | 9904 | €171,229 | €517,846 | +€346,617 | +202% |
| Profit (loss) for the period to be appropriated | 9905 | €171,229 | €517,846 | +€346,617 | +202% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.