VAN AUDENAERDE: 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.
VAN AUDENAERDE
Largest movements
- Tangible fixed assets -€30,700
down €30,700 (-25.7%), from €119,305 to €88,604
- Receivables within one year +€14,944
new in 2025: €14,944
- Cash -€3,442
down €3,442 (-95.6%), from €3,598 to €157
mainly Debts after one year (-€34,774) and Receivables within one year (-€14,944)
- Debts after one year -€34,774
down €34,774 (-17.7%), from €196,476 to €161,702
of which Financial debts: -€34,774
- Profit (loss) carried forward +€18,746
up €18,746 (+8.8%), from -€213,835 to -€195,089
- Advances received -€8,451
no longer reported in 2025 (was €8,451)
- Other debts +€2,400
up €2,400 (+15.6%), from €15,356 to €17,756
- Tax, wage and social debts +€1,354
up €1,354 (+1139.9%), from €119 to €1,472
- Gross operating margin +€31,653
up €31,653 (+114.2%), from €27,707 to €59,360
- Financial charges -€1,690
down €1,690 (-19.0%), from €8,884 to €7,194
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 | €124,827 | €105,756 | -€19,071 | -15.3% |
| Fixed assets | 21/28 | €119,305 | €88,604 | -€30,700 | -25.7% |
| Tangible fixed assets | 22/27 | €119,305 | €88,604 | -€30,700 | -25.7% |
| Land and buildings | 22 | €119,305 | €88,604 | -€30,700 | -25.7% |
| Current assets | 29/58 | €5,523 | €17,152 | +€11,629 | +210.6% |
| Amounts receivable within one year | 40/41 | - | €14,944 | +€14,944 | |
| Trade receivables | 40 | - | €14,944 | +€14,944 | |
| Cash at bank and in hand | 54/58 | €3,598 | €157 | -€3,442 | -95.6% |
| Deferred charges and accrued income | 490/1 | €1,924 | €2,051 | +€127 | +6.6% |
| Total equity and liabilities | 10/49 | €124,827 | €105,756 | -€19,071 | -15.3% |
| Equity | 10/15 | -€138,585 | -€119,839 | +€18,746 | +13.5% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €250 | €250 | = | 0.0% |
| Distributable reserves | 133 | €250 | €250 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€213,835 | -€195,089 | +€18,746 | +8.8% |
| Amounts payable | 17/49 | €263,412 | €225,595 | -€37,817 | -14.4% |
| Amounts payable after more than one year | 17 | €196,476 | €161,702 | -€34,774 | -17.7% |
| Financial debts | 170/4 | €113,044 | €78,270 | -€34,774 | -30.8% |
| Other amounts payable | 178/9 | €83,433 | €83,433 | = | 0.0% |
| Amounts payable within one year | 42/48 | €60,420 | €57,265 | -€3,156 | -5.2% |
| Current portion of amounts payable after more than one year | 42 | €33,436 | €34,774 | +€1,338 | +4.0% |
| Trade debts | 44 | €3,059 | €3,262 | +€204 | +6.7% |
| Suppliers | 440/4 | €3,059 | €3,262 | +€204 | +6.7% |
| Advances received on contracts in progress | 46 | €8,451 | - | -€8,451 | |
| Taxes, remuneration and social security | 45 | €119 | €1,472 | +€1,354 | +1139.9% |
| Taxes | 450/3 | €119 | €1,472 | +€1,354 | +1139.9% |
| Other amounts payable | 47/48 | €15,356 | €17,756 | +€2,400 | +15.6% |
| Accrued charges and deferred income | 492/3 | €6,515 | €6,628 | +€113 | +1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,700 | €30,700 | = | 0.0% |
| Other operating charges | 640/8 | €2,433 | €2,720 | +€287 | +11.8% |
| Gross operating margin | 9900 | €27,707 | €59,360 | +€31,653 | +114.2% |
| Operating profit (loss) | 9901 | -€5,426 | €25,940 | +€31,366 | |
| Financial charges | 65/66B | €8,884 | €7,194 | -€1,690 | -19.0% |
| Recurring financial charges | 65 | €8,884 | €7,194 | -€1,690 | -19.0% |
| Profit (loss) for the period before taxes | 9903 | -€14,310 | €18,746 | +€33,056 | |
| Profit (loss) for the period | 9904 | -€14,310 | €18,746 | +€33,056 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,310 | €18,746 | +€33,056 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.