VAN ASSCHE-DE CUYPER: 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.
VAN ASSCHE-DE CUYPER
Largest movements
- Tangible fixed assets -€33,564
down €33,564 (-2.9%), from €1.1m to €1.1m
- Cash -€23,908
down €23,908 (-65.8%), from €36,328 to €12,420
mainly Debts after one year (-€36,672) and Net result for the year (-€8,579)
- Debts after one year -€36,672
down €36,672 (-20.9%), from €175,141 to €138,469
- Financial charges +€11,409
up €11,409 (+1,907%), from €598 to €12,008
- Gross operating margin -€3,465
down €3,465 (-7.5%), from €46,192 to €42,727
- Taxes -€2,122
down €2,122 (-26.2%), from €8,113 to €5,991
- Depreciation -€684
down €684 (-2.0%), from €34,248 to €33,564
- Other operating charges +€682
up €682 (+9.9%), from €6,854 to €7,536
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 | €1,298,683 | €1,248,357 | -€50,326 | -3.9% |
| Fixed assets | 21/28 | €1,140,883 | €1,107,319 | -€33,564 | -2.9% |
| Tangible fixed assets | 22/27 | €1,140,011 | €1,106,447 | -€33,564 | -2.9% |
| Land and buildings | 22 | €1,140,011 | €1,106,447 | -€33,564 | -2.9% |
| Financial fixed assets | 28 | €872 | €872 | = | 0.0% |
| Current assets | 29/58 | €157,801 | €141,039 | -€16,762 | -10.6% |
| Amounts receivable within one year | 40/41 | €1,976 | €9,122 | +€7,146 | +362% |
| Other amounts receivable | 41 | €1,976 | €9,122 | +€7,146 | +362% |
| Current investments | 50/53 | €118,447 | €118,447 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €36,328 | €12,420 | -€23,908 | -65.8% |
| Deferred charges and accrued income | 490/1 | €1,050 | €1,050 | = | 0.0% |
| Total equity and liabilities | 10/49 | €1,298,683 | €1,248,357 | -€50,326 | -3.9% |
| Equity | 10/15 | €791,627 | €783,047 | -€8,579 | -1.1% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €773,077 | €764,497 | -€8,579 | -1.1% |
| Tax-exempt reserves | 132 | €550,906 | €529,405 | -€21,500 | -3.9% |
| Distributable reserves | 133 | €222,171 | €235,092 | +€12,921 | +5.8% |
| Provisions and deferred taxes | 16 | €183,635 | €176,468 | -€7,167 | -3.9% |
| Deferred taxes | 168 | €183,635 | €176,468 | -€7,167 | -3.9% |
| Amounts payable | 17/49 | €323,422 | €288,842 | -€34,580 | -10.7% |
| Amounts payable after more than one year | 17 | €175,141 | €138,469 | -€36,672 | -20.9% |
| Financial debts | 170/4 | €175,141 | €138,469 | -€36,672 | -20.9% |
| Amounts payable within one year | 42/48 | €142,843 | €147,604 | +€4,761 | +3.3% |
| Current portion of amounts payable after more than one year | 42 | €35,753 | €36,672 | +€919 | +2.6% |
| Trade debts | 44 | €653 | €1,036 | +€383 | +58.7% |
| Suppliers | 440/4 | €653 | €1,036 | +€383 | +58.7% |
| Taxes, remuneration and social security | 45 | €3,718 | €2,228 | -€1,490 | -40.1% |
| Taxes | 450/3 | €3,718 | €2,228 | -€1,490 | -40.1% |
| Other amounts payable | 47/48 | €102,719 | €107,668 | +€4,949 | +4.8% |
| Accrued charges and deferred income | 492/3 | €5,437 | €2,769 | -€2,669 | -49.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,248 | €33,564 | -€684 | -2.0% |
| Other operating charges | 640/8 | €6,854 | €7,536 | +€682 | +9.9% |
| Gross operating margin | 9900 | €46,192 | €42,727 | -€3,465 | -7.5% |
| Operating profit (loss) | 9901 | €5,089 | €1,627 | -€3,462 | -68.0% |
| Financial income | 75/76B | €295 | €625 | +€331 | +112% |
| Recurring financial income | 75 | €295 | €625 | +€331 | +112% |
| Financial charges | 65/66B | €598 | €12,008 | +€11,409 | +1,907% |
| Recurring financial charges | 65 | €598 | €12,008 | +€11,409 | +1,907% |
| Profit (loss) for the period before taxes | 9903 | €4,786 | -€9,755 | -€14,541 | |
| Transfer from deferred taxes | 780 | €7,167 | €7,167 | = | 0.0% |
| Income taxes | 67/77 | €8,113 | €5,991 | -€2,122 | -26.2% |
| Profit (loss) for the period | 9904 | €3,840 | -€8,579 | -€12,419 | |
| Transfer from tax-exempt reserves | 789 | €21,500 | €21,500 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €25,340 | €12,921 | -€12,419 | -49.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.