VAN BELLE JEAN: what changed
What changed
VAN BELLE JEAN
NACE 46.620, Wholesale of machine tools
filed annual accounts (NBB)
Net result for the year
€324,628
2024 · €282,429+€42,200
Equity
€1.9m
2024 · €1.8m+€144,628
Cash
€245,581
2024 · €461,732-€216,151
Balance sheet total
€2.6m
2024 · €3.9m-€1.4m
Largest movements
Assets
- Receivables within one year -€1.3m
down €1.3m (-42.2%), from €3.0m to €1.7m
of which Trade receivables: -€1.2m
- Cash -€216,151
down €216,151 (-46.8%), from €461,732 to €245,581
mainly Trade debts (-€1.6m) and Contributions, distributions and other (-€180,000)
- Stocks and contracts +€118,959
up €118,959 (+85.9%), from €138,533 to €257,492
Equity and liabilities
- Trade debts -€1.6m
down €1.6m (-89.4%), from €1.8m to €187,894
- Profit (loss) carried forward +€144,628
up €144,628 (+36.5%), from €396,781 to €541,409
Income statement
- Staff costs -€35,651
down €35,651 (-21.2%), from €167,953 to €132,302
- Write-downs -€12,099
no longer reported in 2025 (was €12,099)
- Taxes +€11,179
up €11,179 (+25.4%), from €44,076 to €55,255
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€282,429
Gross operating margin
+€3,322
Staff costs
+€35,651
Depreciation
+€482
Write-downs
+€12,099
Other operating charges
+€108
Financial income
+€1,931
Financial charges
-€215
Taxes
-€11,179
Result 2025
€324,628
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€49,716
Investment
-€413
Financing
-€166,021
Cash 2024
€461,732
From operations (derived)
-€49,716
Net result for the year
+€324,628
Depreciation
+€16,732
Stocks and contracts
-€118,959
Receivables within one year
+€1.3m
Deferred charges and accrued income
-€934
Trade debts
-€1.6m
Tax, wage and social debts
+€23,941
Other debts
+€30,000
Accrued charges and deferred income
+€4,631
Investment (derived)
-€413
Investment in fixed assets (net)
-€413
Financing
-€166,021
Current portion of long-term debt
-€21
Short-term financial debts
+€14,000
Contributions, distributions and other
-€180,000
Cash 2025
€245,581
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,917,439 | €2,551,520 | -€1.4m | -34.9% |
| Fixed assets | 21/28 | €41,324 | €25,005 | -€16,319 | -39.5% |
| Tangible fixed assets | 22/27 | €36,353 | €19,621 | -€16,732 | -46.0% |
| Furniture and vehicles | 24 | €26,362 | €10,599 | -€15,763 | -59.8% |
| Other tangible fixed assets | 26 | €9,991 | €9,021 | -€970 | -9.7% |
| Financial fixed assets | 28 | €4,971 | €5,384 | +€413 | +8.3% |
| Current assets | 29/58 | €3,876,116 | €2,526,515 | -€1.3m | -34.8% |
| Stocks and contracts in progress | 3 | €138,533 | €257,492 | +€118,959 | +85.9% |
| Stocks | 30/36 | €138,533 | €257,492 | +€118,959 | +85.9% |
| Amounts receivable within one year | 40/41 | €2,972,429 | €1,719,086 | -€1.3m | -42.2% |
| Trade receivables | 40 | €2,443,543 | €1,206,903 | -€1.2m | -50.6% |
| Other amounts receivable | 41 | €528,886 | €512,183 | -€16,703 | -3.2% |
| Current investments | 50/53 | €300,000 | €300,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €461,732 | €245,581 | -€216,151 | -46.8% |
| Deferred charges and accrued income | 490/1 | €3,422 | €4,356 | +€934 | +27.3% |
| Total equity and liabilities | 10/49 | €3,917,439 | €2,551,520 | -€1.4m | -34.9% |
| Equity | 10/15 | €1,795,993 | €1,940,622 | +€144,628 | +8.1% |
| Contributions | 10/11 | €55,326 | €55,326 | = | 0.0% |
| Capital | 10 | €55,326 | €55,326 | = | 0.0% |
| Issued capital | 100 | €55,326 | €55,326 | = | 0.0% |
| Reserves | 13 | €1,343,886 | €1,343,886 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,533 | €5,533 | = | 0.0% |
| Legal reserve | 130 | €5,533 | €5,533 | = | 0.0% |
| Tax-exempt reserves | 132 | €50,034 | €50,034 | = | 0.0% |
| Distributable reserves | 133 | €1,288,319 | €1,288,319 | = | 0.0% |
| Profit (loss) carried forward | 14 | €396,781 | €541,409 | +€144,628 | +36.5% |
| Amounts payable | 17/49 | €2,121,446 | €610,898 | -€1.5m | -71.2% |
| Amounts payable within one year | 42/48 | €2,120,282 | €605,103 | -€1.5m | -71.5% |
| Current portion of amounts payable after more than one year | 42 | €5,078 | €5,057 | -€21 | -0.4% |
| Financial debts | 43 | €46,000 | €60,000 | +€14,000 | +30.4% |
| Credit institutions | 430/8 | €46,000 | €60,000 | +€14,000 | +30.4% |
| Trade debts | 44 | €1,770,992 | €187,894 | -€1.6m | -89.4% |
| Suppliers | 440/4 | €1,770,992 | €187,894 | -€1.6m | -89.4% |
| Taxes, remuneration and social security | 45 | €148,212 | €172,153 | +€23,941 | +16.2% |
| Taxes | 450/3 | €136,165 | €165,284 | +€29,119 | +21.4% |
| Remuneration and social security | 454/9 | €12,047 | €6,869 | -€5,178 | -43.0% |
| Other amounts payable | 47/48 | €150,000 | €180,000 | +€30,000 | +20.0% |
| Accrued charges and deferred income | 492/3 | €1,164 | €5,795 | +€4,631 | +398% |
| Remuneration, social security and pensions | 62 | €167,953 | €132,302 | -€35,651 | -21.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,214 | €16,732 | -€482 | -2.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €12,099 | - | -€12,099 | |
| Other operating charges | 640/8 | €2,537 | €2,429 | -€108 | -4.3% |
| Gross operating margin | 9900 | €536,021 | €539,343 | +€3,322 | +0.6% |
| Operating profit (loss) | 9901 | €336,218 | €387,880 | +€51,663 | +15.4% |
| Financial income | 75/76B | €28 | €1,959 | +€1,931 | +6,906% |
| Recurring financial income | 75 | €28 | €1,959 | +€1,931 | +6,906% |
| Financial charges | 65/66B | €9,741 | €9,955 | +€215 | +2.2% |
| Recurring financial charges | 65 | €9,741 | €9,955 | +€215 | +2.2% |
| Profit (loss) for the period before taxes | 9903 | €326,505 | €379,884 | +€53,379 | +16.3% |
| Income taxes | 67/77 | €44,076 | €55,255 | +€11,179 | +25.4% |
| Profit (loss) for the period | 9904 | €282,429 | €324,628 | +€42,200 | +14.9% |
| Profit (loss) for the period to be appropriated | 9905 | €282,429 | €324,628 | +€42,200 | +14.9% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.