Peter Van Dyck: 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.
Peter Van Dyck
Largest movements
- Cash +€398,488
up €398,488 (+93.4%), from €426,567 to €825,055
mainly Net result for the year (+€574,302) and Other debts (+€531,306)
- Receivables after one year -€110,000
down €110,000 (-100%), from €110,000 to €0
- Tangible fixed assets -€78,829
down €78,829 (-5.8%), from €1.4m to €1.3m
of which Land and buildings: -€64,221
- Receivables within one year +€40,819
up €40,819 (+14.8%), from €275,759 to €316,577
of which Trade receivables: +€80,186
- Other debts +€531,306
up €531,306, from €0 to €531,306
- Profit (loss) carried forward -€289,231
down €289,231 (-33.5%), from €863,533 to €574,302
- Tax, wage and social debts +€151,186
up €151,186 (+2,443%), from €6,189 to €157,375
- Debts after one year -€140,466
down €140,466 (-31.3%), from €448,429 to €307,963
- Gross operating margin +€213,191
up €213,191 (+31.7%), from €673,481 to €886,672
- Depreciation +€47,442
up €47,442 (+85.8%), from €55,300 to €102,743
- Taxes +€40,007
up €40,007 (+27.3%), from €146,584 to €186,591
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 | €2,184,365 | €2,434,213 | +€249,847 | +11.4% |
| Fixed assets | 21/28 | €1,366,933 | €1,288,104 | -€78,829 | -5.8% |
| Tangible fixed assets | 22/27 | €1,366,933 | €1,288,104 | -€78,829 | -5.8% |
| Land and buildings | 22 | €1,309,731 | €1,245,510 | -€64,221 | -4.9% |
| Plant, machinery and equipment | 23 | €3,107 | €2,694 | -€413 | -13.3% |
| Furniture and vehicles | 24 | €39,698 | €30,932 | -€8,766 | -22.1% |
| Other tangible fixed assets | 26 | €14,398 | €8,968 | -€5,430 | -37.7% |
| Current assets | 29/58 | €817,432 | €1,146,109 | +€328,677 | +40.2% |
| Amounts receivable after more than one year | 29 | €110,000 | €0 | -€110,000 | -100% |
| Other amounts receivable | 291 | €110,000 | €0 | -€110,000 | -100% |
| Amounts receivable within one year | 40/41 | €275,759 | €316,577 | +€40,819 | +14.8% |
| Trade receivables | 40 | €202,484 | €282,670 | +€80,186 | +39.6% |
| Other amounts receivable | 41 | €73,275 | €33,907 | -€39,368 | -53.7% |
| Cash at bank and in hand | 54/58 | €426,567 | €825,055 | +€398,488 | +93.4% |
| Deferred charges and accrued income | 490/1 | €5,107 | €4,477 | -€630 | -12.3% |
| Total equity and liabilities | 10/49 | €2,184,365 | €2,434,213 | +€249,847 | +11.4% |
| Equity | 10/15 | €1,586,089 | €1,296,858 | -€289,231 | -18.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €702,556 | €702,556 | = | 0.0% |
| Distributable reserves | 133 | €702,556 | €702,556 | = | 0.0% |
| Profit (loss) carried forward | 14 | €863,533 | €574,302 | -€289,231 | -33.5% |
| Amounts payable | 17/49 | €598,276 | €1,137,354 | +€539,078 | +90.1% |
| Amounts payable after more than one year | 17 | €448,429 | €307,963 | -€140,466 | -31.3% |
| Financial debts | 170/4 | €448,429 | €307,963 | -€140,466 | -31.3% |
| Amounts payable within one year | 42/48 | €149,847 | €829,178 | +€679,331 | +453% |
| Current portion of amounts payable after more than one year | 42 | €137,283 | €140,466 | +€3,183 | +2.3% |
| Trade debts | 44 | €6,375 | €31 | -€6,343 | -99.5% |
| Suppliers | 440/4 | €6,375 | €31 | -€6,343 | -99.5% |
| Taxes, remuneration and social security | 45 | €6,189 | €157,375 | +€151,186 | +2,443% |
| Taxes | 450/3 | €6,189 | €157,375 | +€151,186 | +2,443% |
| Other amounts payable | 47/48 | €0 | €531,306 | +€531,306 | |
| Accrued charges and deferred income | 492/3 | - | €213 | +€213 | |
| Non-recurring operating income | 76A | €17,376 | €0 | -€17,376 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,300 | €102,743 | +€47,442 | +85.8% |
| Other operating charges | 640/8 | €13,314 | €13,785 | +€472 | +3.5% |
| Gross operating margin | 9900 | €673,481 | €886,672 | +€213,191 | +31.7% |
| Operating profit (loss) | 9901 | €604,867 | €770,144 | +€165,277 | +27.3% |
| Financial income | 75/76B | €6,468 | €6,306 | -€162 | -2.5% |
| Recurring financial income | 75 | €6,468 | €6,306 | -€162 | -2.5% |
| Financial charges | 65/66B | €6,797 | €15,557 | +€8,760 | +129% |
| Recurring financial charges | 65 | €6,797 | €15,557 | +€8,760 | +129% |
| Profit (loss) for the period before taxes | 9903 | €604,538 | €760,893 | +€156,355 | +25.9% |
| Income taxes | 67/77 | €146,584 | €186,591 | +€40,007 | +27.3% |
| Profit (loss) for the period | 9904 | €457,954 | €574,302 | +€116,349 | +25.4% |
| Profit (loss) for the period to be appropriated | 9905 | €457,954 | €574,302 | +€116,349 | +25.4% |
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 22 October 2026 via checked.be.