Van Bignoot: 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.
What changed
Van Bignoot
NACE 47.770, Retail sale of watches and jewellery
fiscal year 2025 against 2026filed annual accounts (NBB)
Net result for the year
-€87,004
2025 · -€23,921-€63,083
Equity
€692,810
2025 · €779,814-€87,004
Cash
€6,889
2025 · €15,733-€8,844
Balance sheet total
€1.1m
2025 · €1.2m-€140,243
Largest movements
Assets
- Stocks and contracts -€137,877
down €137,877 (-12.1%), from €1.1m to €1.0m
Equity and liabilities
- Profit (loss) carried forward -€87,004
down €87,004 (-30.1%), from -€289,013 to -€376,017
- Other debts -€57,317
down €57,317 (-26.9%), from €213,235 to €155,917
- Tax, wage and social debts +€31,590
up €31,590 (+73.0%), from €43,273 to €74,863
of which Taxes: +€24,360
- Trade debts -€17,728
down €17,728 (-22.3%), from €79,638 to €61,911
Income statement
- Gross operating margin -€78,257
down €78,257 (-93.6%), from €83,571 to €5,315
- Depreciation -€11,848
down €11,848 (-83.6%), from €14,167 to €2,319
- Financial charges -€3,330
down €3,330 (-22.1%), from €15,074 to €11,745
- Other operating charges +€1,265
up €1,265 (+18.4%), from €6,868 to €8,133
From the 2025 result to the 2026 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.
Result 2025
-€23,921
Gross operating margin
-€78,257
Staff costs
+€95
Depreciation
+€11,848
Other operating charges
-€1,265
Other operating items
+€1,023
Financial income
+€181
Financial charges
+€3,330
Taxes
-€39
Result 2026
-€87,004
Cash bridge derived
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€105
Investment
-€106
Financing
-€8,844
Cash 2025
€15,733
From operations (derived)
+€105
Net result for the year
-€87,004
Depreciation
+€2,319
Stocks and contracts
+€137,877
Receivables within one year
-€8,082
Deferred charges and accrued income
-€611
Trade debts
-€17,728
Tax, wage and social debts
+€31,590
Other debts
-€57,317
Accrued charges and deferred income
-€940
Investment (derived)
-€106
Investment in fixed assets (net)
-€106
Financing
-€8,844
Short-term financial debts
-€8,844
Cash 2026
€6,889
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,197,513 | €1,057,270 | -€140,243 | -11.7% |
| Fixed assets | 21/28 | €24,922 | €22,709 | -€2,213 | -8.9% |
| Intangible fixed assets | 21 | €534 | €451 | -€83 | -15.5% |
| Tangible fixed assets | 22/27 | €7,052 | €4,816 | -€2,236 | -31.7% |
| Plant, machinery and equipment | 23 | €2,943 | €1,236 | -€1,707 | -58.0% |
| Other tangible fixed assets | 26 | €4,109 | €3,580 | -€529 | -12.9% |
| Financial fixed assets | 28 | €17,336 | €17,442 | +€106 | +0.6% |
| Current assets | 29/58 | €1,172,591 | €1,034,561 | -€138,029 | -11.8% |
| Stocks and contracts in progress | 3 | €1,142,839 | €1,004,961 | -€137,877 | -12.1% |
| Stocks | 30/36 | €1,142,839 | €1,004,961 | -€137,877 | -12.1% |
| Amounts receivable within one year | 40/41 | €14,019 | €22,101 | +€8,082 | +57.6% |
| Trade receivables | 40 | €96 | €408 | +€312 | +325.0% |
| Other amounts receivable | 41 | €13,923 | €21,693 | +€7,770 | +55.8% |
| Cash at bank and in hand | 54/58 | €15,733 | €6,889 | -€8,844 | -56.2% |
| Deferred charges and accrued income | 490/1 | - | €611 | +€611 | |
| Total equity and liabilities | 10/49 | €1,197,513 | €1,057,270 | -€140,243 | -11.7% |
| Equity | 10/15 | €779,814 | €692,810 | -€87,004 | -11.2% |
| Contributions | 10/11 | €43,600 | €43,600 | = | 0.0% |
| Reserves | 13 | €1,025,227 | €1,025,227 | = | 0.0% |
| Non-distributable reserves | 130/1 | €234 | €234 | = | 0.0% |
| Reserves not available under the articles | 1311 | €234 | €234 | = | 0.0% |
| Distributable reserves | 133 | €1,024,993 | €1,024,993 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€289,013 | -€376,017 | -€87,004 | -30.1% |
| Amounts payable | 17/49 | €417,699 | €364,460 | -€53,239 | -12.7% |
| Amounts payable within one year | 42/48 | €416,758 | €364,460 | -€52,299 | -12.5% |
| Financial debts | 43 | €80,613 | €71,769 | -€8,844 | -11.0% |
| Credit institutions | 430/8 | €80,613 | €71,769 | -€8,844 | -11.0% |
| Trade debts | 44 | €79,638 | €61,911 | -€17,728 | -22.3% |
| Suppliers | 440/4 | €79,638 | €61,911 | -€17,728 | -22.3% |
| Taxes, remuneration and social security | 45 | €43,273 | €74,863 | +€31,590 | +73.0% |
| Taxes | 450/3 | €25,120 | €49,480 | +€24,360 | +97.0% |
| Remuneration and social security | 454/9 | €18,153 | €25,383 | +€7,230 | +39.8% |
| Other amounts payable | 47/48 | €213,235 | €155,917 | -€57,317 | -26.9% |
| Accrued charges and deferred income | 492/3 | €940 | - | -€940 | |
| Non-recurring operating income | 76A | - | €1,250 | +€1,250 | |
| Remuneration, social security and pensions | 62 | €69,656 | €69,561 | -€95 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,167 | €2,319 | -€11,848 | -83.6% |
| Other operating charges | 640/8 | €6,868 | €8,133 | +€1,265 | +18.4% |
| Non-recurring operating charges | 66A | €1,023 | - | -€1,023 | |
| Gross operating margin | 9900 | €83,571 | €5,315 | -€78,257 | -93.6% |
| Operating profit (loss) | 9901 | -€8,143 | -€74,698 | -€66,555 | -817.4% |
| Financial income | 75/76B | €97 | €278 | +€181 | +185.8% |
| Recurring financial income | 75 | €97 | €278 | +€181 | +185.8% |
| Financial charges | 65/66B | €15,074 | €11,745 | -€3,330 | -22.1% |
| Recurring financial charges | 65 | €15,074 | €11,745 | -€3,330 | -22.1% |
| Profit (loss) for the period before taxes | 9903 | -€23,119 | -€86,164 | -€63,045 | -272.7% |
| Income taxes | 67/77 | €801 | €840 | +€39 | +4.8% |
| Profit (loss) for the period | 9904 | -€23,921 | -€87,004 | -€63,083 | -263.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,921 | -€87,004 | -€63,083 | -263.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.