Philippe 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.
Philippe Van Dijck
Largest movements
- Cash +€17,094
up €17,094 (+140%), from €12,199 to €29,293
mainly Depreciation (+€11,715) and Receivables within one year (+€9,197)
- Receivables within one year -€9,197
down €9,197 (-92.9%), from €9,903 to €706
of which Trade receivables: -€9,203
- Intangible fixed assets -€4,940
down €4,940 (-63.2%), from €7,822 to €2,882
- Tangible fixed assets -€4,772
down €4,772 (-12.6%), from €37,766 to €32,994
of which Land and buildings: -€4,501
- Tax, wage and social debts +€4,933
up €4,933 (+171%), from €2,882 to €7,815
of which Taxes: +€4,933
- Debts after one year -€3,474
down €3,474 (-12.1%), from €28,662 to €25,187
- Other debts -€1,749
down €1,749 (-25.1%), from €6,979 to €5,231
- Profit (loss) carried forward -€1,302
down €1,302 (-6.3%), from -€20,787 to -€22,089
- Gross operating margin -€2,758
down €2,758 (-17.0%), from €16,262 to €13,503
- Financial charges -€218
down €218 (-13.4%), from €1,623 to €1,406
- Taxes +€191
up €191 (+59.3%), from €322 to €514
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 | €68,578 | €66,742 | -€1,836 | -2.7% |
| Fixed assets | 21/28 | €45,588 | €35,875 | -€9,712 | -21.3% |
| Intangible fixed assets | 21 | €7,822 | €2,882 | -€4,940 | -63.2% |
| Tangible fixed assets | 22/27 | €37,766 | €32,994 | -€4,772 | -12.6% |
| Land and buildings | 22 | €34,217 | €29,717 | -€4,501 | -13.2% |
| Plant, machinery and equipment | 23 | €0 | €1,089 | +€1,089 | |
| Furniture and vehicles | 24 | €3,549 | €2,188 | -€1,361 | -38.4% |
| Current assets | 29/58 | €22,990 | €30,867 | +€7,877 | +34.3% |
| Amounts receivable within one year | 40/41 | €9,903 | €706 | -€9,197 | -92.9% |
| Trade receivables | 40 | €9,903 | €700 | -€9,203 | -92.9% |
| Other amounts receivable | 41 | - | €6 | +€6 | |
| Cash at bank and in hand | 54/58 | €12,199 | €29,293 | +€17,094 | +140% |
| Deferred charges and accrued income | 490/1 | €888 | €868 | -€20 | -2.3% |
| Total equity and liabilities | 10/49 | €68,578 | €66,742 | -€1,836 | -2.7% |
| Equity | 10/15 | €25,159 | €23,857 | -€1,302 | -5.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €27,396 | €27,396 | = | 0.0% |
| Tax-exempt reserves | 132 | €125 | €125 | = | 0.0% |
| Distributable reserves | 133 | €27,271 | €27,271 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,787 | -€22,089 | -€1,302 | -6.3% |
| Amounts payable | 17/49 | €43,419 | €42,885 | -€534 | -1.2% |
| Amounts payable after more than one year | 17 | €28,662 | €25,187 | -€3,474 | -12.1% |
| Financial debts | 170/4 | €28,662 | €25,187 | -€3,474 | -12.1% |
| Amounts payable within one year | 42/48 | €14,215 | €17,347 | +€3,132 | +22.0% |
| Current portion of amounts payable after more than one year | 42 | €3,423 | €3,474 | +€52 | +1.5% |
| Financial debts | 43 | €95 | €280 | +€185 | +194% |
| Credit institutions | 430/8 | €95 | €280 | +€185 | +194% |
| Trade debts | 44 | €836 | €548 | -€288 | -34.5% |
| Suppliers | 440/4 | €836 | €548 | -€288 | -34.5% |
| Taxes, remuneration and social security | 45 | €2,882 | €7,815 | +€4,933 | +171% |
| Taxes | 450/3 | €2,882 | €7,815 | +€4,933 | +171% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €6,979 | €5,231 | -€1,749 | -25.1% |
| Accrued charges and deferred income | 492/3 | €542 | €351 | -€192 | -35.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,768 | €11,715 | -€53 | -0.4% |
| Other operating charges | 640/8 | €1,156 | €1,179 | +€23 | +2.0% |
| Gross operating margin | 9900 | €16,262 | €13,503 | -€2,758 | -17.0% |
| Operating profit (loss) | 9901 | €3,338 | €610 | -€2,728 | -81.7% |
| Financial income | 75/76B | €7 | €8 | +€0 | +0.7% |
| Recurring financial income | 75 | €7 | €8 | +€0 | +0.7% |
| Financial charges | 65/66B | €1,623 | €1,406 | -€218 | -13.4% |
| Recurring financial charges | 65 | €1,623 | €1,406 | -€218 | -13.4% |
| Profit (loss) for the period before taxes | 9903 | €1,722 | -€789 | -€2,510 | |
| Income taxes | 67/77 | €322 | €514 | +€191 | +59.3% |
| Profit (loss) for the period | 9904 | €1,399 | -€1,302 | -€2,702 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,399 | -€1,302 | -€2,702 |
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 29 October 2026 via checked.be.