TOM VAN DIEVOORT: 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.
TOM VAN DIEVOORT
Largest movements
- Current investments +€300,000
new in 2025: €300,000
- Cash -€240,474
down €240,474 (-82.4%), from €291,668 to €51,194
mainly Current investments (-€300,000) and Tax, wage and social debts (-€17,181)
- Tangible fixed assets -€24,188
down €24,188 (-10.2%), from €237,634 to €213,446
of which Land and buildings: -€14,444
- Reserves +€44,642
up €44,642 (+8.0%), from €555,651 to €600,293
of which Distributable reserves: +€44,642
- Tax, wage and social debts -€17,181
down €17,181 (-99.7%), from €17,240 to €59
- Gross operating margin -€49,975
down €49,975 (-34.5%), from €145,030 to €95,055
- Taxes -€16,201
down €16,201 (-43.7%), from €37,035 to €20,833
- Depreciation +€4,746
up €4,746 (+18.1%), from €26,188 to €30,934
- Financial income +€3,239
up €3,239 (+678%), from €478 to €3,716
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 | €585,897 | €616,997 | +€31,100 | +5.3% |
| Fixed assets | 21/28 | €237,634 | €213,446 | -€24,188 | -10.2% |
| Tangible fixed assets | 22/27 | €237,634 | €213,446 | -€24,188 | -10.2% |
| Land and buildings | 22 | €170,483 | €156,039 | -€14,444 | -8.5% |
| Plant, machinery and equipment | 23 | €22,899 | €24,095 | +€1,196 | +5.2% |
| Furniture and vehicles | 24 | €44,251 | €33,312 | -€10,939 | -24.7% |
| Current assets | 29/58 | €348,264 | €403,551 | +€55,287 | +15.9% |
| Amounts receivable within one year | 40/41 | €55,178 | €52,357 | -€2,820 | -5.1% |
| Trade receivables | 40 | €53,962 | €49,236 | -€4,727 | -8.8% |
| Other amounts receivable | 41 | €1,215 | €3,122 | +€1,906 | +157% |
| Current investments | 50/53 | - | €300,000 | +€300,000 | |
| Cash at bank and in hand | 54/58 | €291,668 | €51,194 | -€240,474 | -82.4% |
| Deferred charges and accrued income | 490/1 | €1,418 | €0 | -€1,418 | -100% |
| Total equity and liabilities | 10/49 | €585,897 | €616,997 | +€31,100 | +5.3% |
| Equity | 10/15 | €568,051 | €612,693 | +€44,642 | +7.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €555,651 | €600,293 | +€44,642 | +8.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €553,791 | €598,433 | +€44,642 | +8.1% |
| Amounts payable | 17/49 | €17,846 | €4,304 | -€13,543 | -75.9% |
| Amounts payable within one year | 42/48 | €17,846 | €4,304 | -€13,543 | -75.9% |
| Trade debts | 44 | €606 | €4,245 | +€3,639 | +600% |
| Suppliers | 440/4 | €606 | €4,245 | +€3,639 | +600% |
| Taxes, remuneration and social security | 45 | €17,240 | €59 | -€17,181 | -99.7% |
| Taxes | 450/3 | €17,240 | €59 | -€17,181 | -99.7% |
| Non-recurring operating income | 76A | €7,025 | €0 | -€7,025 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,188 | €30,934 | +€4,746 | +18.1% |
| Other operating charges | 640/8 | €2,147 | €1,790 | -€356 | -16.6% |
| Non-recurring operating charges | 66A | €757 | €0 | -€757 | -100% |
| Gross operating margin | 9900 | €145,030 | €95,055 | -€49,975 | -34.5% |
| Operating profit (loss) | 9901 | €115,938 | €62,330 | -€53,608 | -46.2% |
| Financial income | 75/76B | €478 | €3,716 | +€3,239 | +678% |
| Recurring financial income | 75 | €478 | €3,716 | +€3,239 | +678% |
| Financial charges | 65/66B | €898 | €571 | -€328 | -36.5% |
| Recurring financial charges | 65 | €898 | €571 | -€328 | -36.5% |
| Profit (loss) for the period before taxes | 9903 | €115,517 | €65,475 | -€50,042 | -43.3% |
| Income taxes | 67/77 | €37,035 | €20,833 | -€16,201 | -43.7% |
| Profit (loss) for the period | 9904 | €78,483 | €44,642 | -€33,841 | -43.1% |
| Profit (loss) for the period to be appropriated | 9905 | €78,483 | €44,642 | -€33,841 | -43.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.