Patrick van de Looij: what changed
Two fiscal 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.
Patrick van de Looij
Largest movements
- Cash +€33,202
up €33,202 (+102.6%), from €32,367 to €65,569
mainly Other debts (+€55,596) and Net result for the year (+€41,272)
- Receivables within one year +€20,900
new in 2025: €20,900
- Intangible fixed assets -€14,286
down €14,286 (-36.4%), from €39,269 to €24,983
- Tangible fixed assets -€13,866
down €13,866 (-19.8%), from €70,181 to €56,315
of which Furniture and vehicles: -€10,179
- Other debts +€55,596
up €55,596 (+520.8%), from €10,676 to €66,271
- Reserves -€18,728
down €18,728 (-15.1%), from €123,817 to €105,089
- Current portion of long-term debt -€5,076
down €5,076 (-83.2%), from €6,098 to €1,022
- Trade debts -€1,958
down €1,958 (-57.4%), from €3,412 to €1,454
- Gross operating margin +€15,846
up €15,846 (+23.6%), from €67,274 to €83,120
- Depreciation +€9,178
up €9,178 (+48.4%), from €18,974 to €28,152
- Taxes +€1,547
up €1,547 (+14.7%), from €10,558 to €12,105
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.
Cash bridge derived
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 | €152,038 | €179,724 | +€27,686 | +18.2% |
| Fixed assets | 21/28 | €109,450 | €81,299 | -€28,152 | -25.7% |
| Intangible fixed assets | 21 | €39,269 | €24,983 | -€14,286 | -36.4% |
| Tangible fixed assets | 22/27 | €70,181 | €56,315 | -€13,866 | -19.8% |
| Plant, machinery and equipment | 23 | €22,041 | €18,355 | -€3,687 | -16.7% |
| Furniture and vehicles | 24 | €48,140 | €37,961 | -€10,179 | -21.1% |
| Current assets | 29/58 | €42,588 | €98,425 | +€55,837 | +131.1% |
| Amounts receivable within one year | 40/41 | - | €20,900 | +€20,900 | |
| Trade receivables | 40 | - | €20,900 | +€20,900 | |
| Cash at bank and in hand | 54/58 | €32,367 | €65,569 | +€33,202 | +102.6% |
| Deferred charges and accrued income | 490/1 | €10,221 | €11,956 | +€1,735 | +17.0% |
| Total equity and liabilities | 10/49 | €152,038 | €179,724 | +€27,686 | +18.2% |
| Equity | 10/15 | €128,817 | €110,089 | -€18,728 | -14.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €123,817 | €105,089 | -€18,728 | -15.1% |
| Distributable reserves | 133 | €123,817 | €105,089 | -€18,728 | -15.1% |
| Amounts payable | 17/49 | €23,221 | €69,634 | +€46,413 | +199.9% |
| Amounts payable after more than one year | 17 | €1,022 | - | -€1,022 | |
| Financial debts | 170/4 | €1,022 | - | -€1,022 | |
| Amounts payable within one year | 42/48 | €21,494 | €68,772 | +€47,278 | +220.0% |
| Current portion of amounts payable after more than one year | 42 | €6,098 | €1,022 | -€5,076 | -83.2% |
| Trade debts | 44 | €3,412 | €1,454 | -€1,958 | -57.4% |
| Suppliers | 440/4 | €3,412 | €1,454 | -€1,958 | -57.4% |
| Taxes, remuneration and social security | 45 | €1,308 | €25 | -€1,283 | -98.1% |
| Taxes | 450/3 | €1,308 | €25 | -€1,283 | -98.1% |
| Other amounts payable | 47/48 | €10,676 | €66,271 | +€55,596 | +520.8% |
| Accrued charges and deferred income | 492/3 | €706 | €863 | +€157 | +22.2% |
| Non-recurring operating income | 76A | €3,572 | - | -€3,572 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,974 | €28,152 | +€9,178 | +48.4% |
| Other operating charges | 640/8 | €1,048 | €801 | -€247 | -23.6% |
| Gross operating margin | 9900 | €67,274 | €83,120 | +€15,846 | +23.6% |
| Operating profit (loss) | 9901 | €47,252 | €54,167 | +€6,915 | +14.6% |
| Financial income | 75/76B | €0 | €266 | +€266 | +73833.3% |
| Recurring financial income | 75 | €0 | €266 | +€266 | +73833.3% |
| Financial charges | 65/66B | €877 | €1,056 | +€179 | +20.4% |
| Recurring financial charges | 65 | €877 | €1,056 | +€179 | +20.4% |
| Profit (loss) for the period before taxes | 9903 | €46,375 | €53,377 | +€7,002 | +15.1% |
| Income taxes | 67/77 | €10,558 | €12,105 | +€1,547 | +14.7% |
| Profit (loss) for the period | 9904 | €35,817 | €41,272 | +€5,455 | +15.2% |
| Profit (loss) for the period to be appropriated | 9905 | €35,817 | €41,272 | +€5,455 | +15.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.