VAN AVERMAET - DE CROOCK: 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 AVERMAET - DE CROOCK
Largest movements
- Receivables within one year +€13,854
up €13,854, from €0 to €13,854
of which Trade receivables: +€11,676
- Cash -€6,909
down €6,909 (-9.2%), from €75,336 to €68,426
mainly Investment in fixed assets (net) (-€27,297) and Receivables within one year (-€13,854)
- Tangible fixed assets -€3,365
down €3,365 (-3.0%), from €112,741 to €109,376
of which Furniture and vehicles: -€23,686
- Reserves +€19,000
up €19,000 (+14.2%), from €133,741 to €152,741
- Debts after one year -€7,709
down €7,709 (-88.3%), from €8,729 to €1,020
- Tax, wage and social debts -€6,302
down €6,302 (-44.3%), from €14,232 to €7,930
- Current portion of long-term debt -€2,382
down €2,382 (-23.6%), from €10,091 to €7,709
- Gross operating margin -€51,122
down €51,122 (-46.2%), from €110,630 to €59,507
- Taxes -€15,754
down €15,754 (-66.6%), from €23,671 to €7,917
- Financial charges -€13,386
down €13,386 (-92.7%), from €14,434 to €1,048
- Depreciation +€3,216
up €3,216 (+11.7%), from €27,446 to €30,662
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 | €188,972 | €192,273 | +€3,301 | +1.7% |
| Fixed assets | 21/28 | €112,766 | €109,401 | -€3,365 | -3.0% |
| Tangible fixed assets | 22/27 | €112,741 | €109,376 | -€3,365 | -3.0% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €22,937 | €43,258 | +€20,322 | +88.6% |
| Furniture and vehicles | 24 | €89,805 | €66,118 | -€23,686 | -26.4% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €76,206 | €82,872 | +€6,666 | +8.7% |
| Amounts receivable within one year | 40/41 | €0 | €13,854 | +€13,854 | |
| Trade receivables | 40 | €0 | €11,676 | +€11,676 | |
| Other amounts receivable | 41 | - | €2,178 | +€2,178 | |
| Cash at bank and in hand | 54/58 | €75,336 | €68,426 | -€6,909 | -9.2% |
| Deferred charges and accrued income | 490/1 | €870 | €591 | -€279 | -32.1% |
| Total equity and liabilities | 10/49 | €188,972 | €192,273 | +€3,301 | +1.7% |
| Equity | 10/15 | €141,353 | €160,363 | +€19,010 | +13.4% |
| Contributions | 10/11 | €6,393 | €6,393 | = | 0.0% |
| Reserves | 13 | €133,741 | €152,741 | +€19,000 | +14.2% |
| Distributable reserves | 133 | €133,741 | €152,741 | +€19,000 | +14.2% |
| Profit (loss) carried forward | 14 | €1,220 | €1,230 | +€10 | +0.8% |
| Amounts payable | 17/49 | €47,618 | €31,910 | -€15,709 | -33.0% |
| Amounts payable after more than one year | 17 | €8,729 | €1,020 | -€7,709 | -88.3% |
| Financial debts | 170/4 | €8,729 | €1,020 | -€7,709 | -88.3% |
| Amounts payable within one year | 42/48 | €38,889 | €30,890 | -€7,999 | -20.6% |
| Current portion of amounts payable after more than one year | 42 | €10,091 | €7,709 | -€2,382 | -23.6% |
| Trade debts | 44 | €3,608 | €3,798 | +€190 | +5.3% |
| Suppliers | 440/4 | €3,608 | €3,798 | +€190 | +5.3% |
| Taxes, remuneration and social security | 45 | €14,232 | €7,930 | -€6,302 | -44.3% |
| Taxes | 450/3 | €14,232 | €7,930 | -€6,302 | -44.3% |
| Other amounts payable | 47/48 | €10,958 | €11,453 | +€495 | +4.5% |
| Non-recurring operating income | 76A | €66,715 | €0 | -€66,715 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,446 | €30,662 | +€3,216 | +11.7% |
| Other operating charges | 640/8 | €2,102 | €1,187 | -€914 | -43.5% |
| Gross operating margin | 9900 | €110,630 | €59,507 | -€51,122 | -46.2% |
| Operating profit (loss) | 9901 | €81,082 | €27,658 | -€53,424 | -65.9% |
| Financial income | 75/76B | €105 | €317 | +€212 | +202% |
| Recurring financial income | 75 | €105 | €317 | +€212 | +202% |
| Financial charges | 65/66B | €14,434 | €1,048 | -€13,386 | -92.7% |
| Recurring financial charges | 65 | €14,434 | €1,048 | -€13,386 | -92.7% |
| Profit (loss) for the period before taxes | 9903 | €66,753 | €26,927 | -€39,826 | -59.7% |
| Income taxes | 67/77 | €23,671 | €7,917 | -€15,754 | -66.6% |
| Profit (loss) for the period | 9904 | €43,083 | €19,010 | -€24,072 | -55.9% |
| Profit (loss) for the period to be appropriated | 9905 | €43,083 | €19,010 | -€24,072 | -55.9% |
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 30 October 2026 via checked.be.